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Nonprofit · EIN 51-0107088

WILMINGTON UNIVERSITY INC

Tax-exempt · NEW CASTLE, DE 19720

Financials

$123.9M$121.4M2022$156.6M$133.5M2023$142.4M$136M2024
Revenue Expenses · by fiscal year end
Financials of WILMINGTON UNIVERSITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$142,357,658$136,037,155$6,320,503$384,874,339$66,321,242$318,553,097
June 30, 2024990$156,581,244$133,473,842$23,107,402$371,599,373$68,179,433$303,419,940
June 30, 2023990$123,946,874$121,397,331$2,549,543$357,282,631$68,390,456$288,892,175
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$15,534,034
of which government grants
$14,797,255
Program service revenue
$118,633,466
Investment income
$8,090,549
Net rental income
$900
Net gain from sales of assets
-$1,007,689
Net income from fundraising events
$33,865
Other revenue
$99,609

Expenses

Grants and similar amounts paid
$21,364,784
Compensation of officers, directors and key employees
$3,318,240
Other salaries and wages
$64,746,989
Salaries, compensation and benefits (total)
$83,332,222
Professional fundraising fees
$0
Legal fees
$250,727
Accounting fees
$127,319
Occupancy
$4,469,847
Travel
$1,117,573
Depreciation
$3,755,939
Program services (functional)
$106,159,867
Management and general (functional)
$29,490,488
Fundraising (functional)
$386,800

Balance sheet and other

Total assets, start of year
$371,599,373
Total assets, end of year
$384,874,339
Total liabilities, end of year
$66,321,242
Net assets, end of year
$318,553,097
Land, buildings and equipment
$116,784,119
Publicly traded securities
$184,152,001
Net assets without donor restrictions
$317,042,579
Net assets with donor restrictions
$1,510,518
Gross receipts
$156,456,220
Employees
2,030
Volunteers
17
Year formed
1968
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HEATHER O'CONNELLVICE PRESIDENT (THRU 2/29/24)
Highest-paid employee
40$2,360,641$23,822
LAVERNE T HARMONPRESIDENT
Officer
40$1,352,188$62,079
ERIN J DIMARCOSR. VICE PRESIDENT & COO
Key employee
40$661,182$85,846
LLOYD RICKETTSSR. VICE PRESIDENT, CFO & TREASURER
Officer
40$597,481$70,420
PHILLIP CLOSIUSDEAN
Highest-paid employee
40$532,336$64,953
CAROLE D PITCHERFORMER VICE PRESIDENT
Former
0$592,858$0
JAMES WILSON JRPROFESSOR
Highest-paid employee
40$442,728$116,992
CHRISTIAN TROWBRIDGEVICE PRESIDENT
Highest-paid employee
40$435,817$26,737
JACQUELINE VARSALONAVICE PRESIDENT
Highest-paid employee
40$406,785$39,228
DENISE WELLSVICE PRESIDENT
Key employee
40$285,247$42,020
ROBERT C COLE JRTRUSTEE
Trustee or director
1$0$0
ALAN D ELLINGSWORTHTRUSTEE
Trustee or director
1$0$0
MICHAEL J FARNANTRUSTEE
Trustee or director
1$0$0
LARRY D GEHRKETRUSTEE
Trustee or director
1$0$0
MARIAM KOOHDARYTRUSTEE (AS OF 2/1/25)
Trustee or director
1$0$0
11 more people on this return
NameTitleHours / weekCompensation
DAVID F MARVINTRUSTEE
Trustee or director
1$0
LAWRENCE H MILLERTRUSTEE
Trustee or director
1$0
EDMUND PRIBITKINTRUSTEE
Trustee or director
1$0
JOHN J RAY IIITRUSTEE
Trustee or director
1$0
DANA P ROBINSONTRUSTEE
Trustee or director
1$0
SUE L ROBINSONTRUSTEE
Trustee or director
1$0
ALLEN L SAMUELSTRUSTEE
Trustee or director
1$0
TRACY T WOODSONTRUSTEE
Trustee or director
1$0
MELISSA A ZEBLEYTRUSTEE
Trustee or director
1$0
JOSEPH J FARNAN JRCHAIRMAN
Trustee or director, Officer
1$0
THOMAS E LEIPOLDVICE CHAIRMAN
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
CAROLE D PITCHERVICE PRESIDENT (UNTIL 1/15/23)
Highest-paid employee
40$1,249,498$1,406
LAVERNE T HARMONPRESIDENT
Officer
40$1,179,333$57,985
ERIN DIMARCOSENIOR VP & COO
Key employee
40$601,978$76,127
HEATHER O'CONNELLVICE PRESIDENT (UNTIL 2/29/24)
Highest-paid employee
40$469,791$130,461
PETER BAILEYFORMER VICE PRESIDENT
Former
40$562,198$0
JAMES WILSON JRVICE PRESIDENT
Key employee
40$397,197$102,770
PHILLIP CLOSIUSDEAN
Highest-paid employee
40$421,615$62,373
JACQUELINE VARSALONAVICE PRESIDENT
Highest-paid employee
40$370,260$36,421
CHRISTIAN TROWBRIDGEVICE PRESIDENT
Highest-paid employee
40$378,783$22,611
LLOYD RICKETSVP & CFO, TREASURER
Officer
40$304,992$51,304
MELISSA ZEBLEYTRUSTEE
Trustee or director
1$0$0
ROBERT C COLE JRTRUSTEE
Trustee or director
1$0$0
ALAN D ELLINGSWORTHTRUSTEE
Trustee or director
1$0$0
MICHAEL FARNANTRUSTEE
Trustee or director
1$0$0
LARRY D GEHRKETRUSTEE
Trustee or director
1$0$0
DAVID F MARVINTRUSTEE
Trustee or director
1$0$0
LAWARENCE H MILLERTRUSTEE
Trustee or director
1$0$0
EDMUND PRIBITKINTRUSTEE
Trustee or director
1$0$0
JOHN RAY IIITRUSTEE
Trustee or director
1$0$0
DANA P ROBINSONTRUSTEE
Trustee or director
1$0$0
ALLEN SAMUELSTRUSTEE
Trustee or director
1$0$0
TRACY WOODSONTRUSTEE
Trustee or director
1$0$0
SUE ROBINSONTRUSTEE
Trustee or director
1$0$0
THOMAS S SHAWTRUSTEE
Trustee or director
1$0$0
THOMAS E LEIPOLD PHDVICE CHAIRMAN
Trustee or director, Officer
1$0$0
JOSEPH J FARNAN JRCHAIRMAN
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
PETER BAILEYVICE PRESIDENT (UNTIL 6/30/22)
Former
40$1,234,651$24,502
LAVERNE T HARMONPRESIDENT
Officer
40$1,141,657$48,995
ERIN DIMARCOVICE PRESIDENT
Key employee
40$615,320$42,213
HEATHER A O'CONNELLCFO (UNTIL 10/15/22), VICE PRESIDENT
Officer
40$487,235$38,548
CAROLE D PITCHERVICE PRESIDENT (UNTIL 1/15/23)
Highest-paid employee
40$418,083$101,285
JAMES WILSON JRVICE PRESIDENT
Key employee
40$407,949$62,444
JACQUELINE VARSALONAVICE PRESIDENT
Highest-paid employee
40$383,442$29,266
CHRISTIAN TROWBRIDGEVICE PRESIDENT
Highest-paid employee
40$386,131$15,597
EILEEN DONNELLYVICE PRESIDENT (UNTIL 4/30/22)
Highest-paid employee
40$388,170$8,813
DAVID LEWISASSISTANT VICE PRESIDENT
Highest-paid employee
40$285,549$25,494
LLOYD RICKETSVICE PRESIDENT & CFO (FROM 10/17/22)
Officer
40$62,798$5,566
MELISSA ZEBLEYTRUSTEE
Trustee or director
1$0$0
ROBERT C COLE JRTRUSTEE
Trustee or director
1$0$0
IRENE DU PONT JRTRUSTEE (UNTIL 1/16/23)
Trustee or director
1$0$0
ALAN D ELLINGSWORTHTRUSTEE
Trustee or director
1$0$0
MICHAEL FARNANTRUSTEE
Trustee or director
1$0$0
LARRY D GEHRKETRUSTEE
Trustee or director
1$0$0
DAVID F MARVINTRUSTEE
Trustee or director
1$0$0
LAWARENCE H MILLERTRUSTEE
Trustee or director
1$0$0
EDMUND PRIBITKINTRUSTEE
Trustee or director
1$0$0
JOHN RAY IIITRUSTEE
Trustee or director
1$0$0
DANA P ROBINSONTRUSTEE
Trustee or director
1$0$0
ALLEN SAMUELSTRUSTEE
Trustee or director
1$0$0
TRACY WOODSONTRUSTEE
Trustee or director
1$0$0
SUE ROBINSONSECRETARY
Trustee or director, Officer
1$0$0
THOMAS S SHAWTREASURER
Trustee or director, Officer
1$0$0
THOMAS E LEIPOLD PHDVICE CHAIRMAN
Trustee or director, Officer
1$0$0
JOSEPH J FARNAN JRCHAIRMAN
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
320 N DUPONT HWY, NEW CASTLE, DE 19720-6434
In care of
% DAVE LEWIS
Principal officer (990 for 2024)
LLOYD A RICKETTS, 320 NORTH DUPONT HIGHWAY, NEW CASTLE, DE 19720
Signed the 990
LLOYD A RICKETTS, SR. VICE PRESIDENT AND CFO
Phone
(302) 356-6915
Return prepared by
RSM US LLP

Mission

WILMINGTON UNIVERSITY IS COMMITTED TO EXCELLENCE IN TEACHING, RELEVANCY OF THE CURRICULUM, AND INDIVIDUAL ATTENTION TO STUDENTS. AS AN INSTITUTION WITH ADMISSIONS POLICIES THAT PROVIDE ACCESS FOR ALL, IT OFFERS OPPORTUNITY FOR HIGHER EDUCATION TO STUDENTS OF VARYING AGES, INTERESTS AND ASPIRATIONS.THE UNIVERSITY PROVIDES A RANGE OF EXEMPLARY CAREER-ORIENTED UNDERGRADUATE, GRADUATE AND DOCTORAL DEGREE PROGRAMS FOR A GROWING AND DIVERSE STUDENT POPULATION. IT DELIVERS THESE PROGRAMS AT LOCATIONS AND TIMES CONVENIENT TO STUDENTS AND AT AN AFFORDABLE PRICE. A HIGHLY QUALIFIED FULL-TIME FACULTY WORKS CLOSELY WITH PART-TIME FACULTY DRAWN FROM THE WORKPLACE TO ENSURE THAT THE UNIVERSITY'S PROGRAMS PREPARE STUDENTS TO BEGIN OR CONTINUE THEIR CAREER, IMPROVE THEIR COMPETITIVENESS IN THE JOB MARKET, AND ENGAGE IN LIFELONG LEARNING.

990 for the year ended June 30, 2025

Program accomplishments

  • WILMINGTON UNIVERSITY IS COMMITTED TO BEING A UNIVERSITY WHERE RESPECT FOR EACH OTHER IS PARAMOUNT, INTEGRITY GUIDES ALL OF OUR CHOICES, PROVIDING EDUCATIONAL OPPORTUNITY IS OUR PRIMARY PURPOSE, AND RESPONSIVENESS TO COMMUNITY NEEDS IS KEY. IN DESIGNING ACADEMIC PROGRAMS AND STUDENT SERVICES, WE SUPPORT INNOVATION AND ACTIVELY SEEK FACULTY WITH EXPERIENCE IN THEIR FIELDS WHO CAN PROVIDE STUDENTS WITH AN EDUCATION FOCUSED ON PRACTICAL APPLICATION.WILMINGTON UNIVERSITY IS CLASSIFIED BY THE CARNEGIE COMMISSION AS A DOCTORAL/RESEARCH UNIVERSITY. THE UNIVERSITY OFFERS DEGREE PROGRAMS AT THE ASSOCIATE'S, BACHELOR'S, MASTER'S AND DOCTORAL LEVELS. THE UNIVERSITY OFFERS DEGREE PROGRAMS IN THE COLLEGE OF BUSINESS, THE COLLEGE OF EDUCATION AND LIBERAL ARTS, THE COLLEGE OF HEALTH PROFESSIONS AND NATURAL SCIENCES, THE COLLEGE OF SOCIAL AND BEHAVIORAL SCIENCES, THE COLLEGE OF TECHNOLOGY AND THE SCHOOL OF LAW. THE UNIVERSITY SERVED 18,982 (UNDUPLICATED) STUDENTS DURING FISCAL 2025, OFFERING PROGRAMS AT MULTIPLE LOCATIONS THROUGHOUT DELAWARE AS WELL AS PROVIDING AN ONLINE MODALITY.THE UNIVERSITY'S ACADEMIC ACCOMPLISHMENTS DURING FISCAL 24/25 WERE AS FOLLOWS:WILMINGTON UNIVERSITY HAS BEEN RECOGNIZED BY THE CARNEGIE FOUNDATION AND THE AMERICAN COUNCIL ON EDUCATION AS AN OPPORTUNITY COLLEGE AND UNIVERSITY. THIS INSTITUTIONAL CLASSIFICATION REFLECTS THAT WE ARE THE ONLY INSTITUTE OF HIGHER EDUCATION IN THE STATE OF DELAWARE THAT AFFORDS "HIGH ACCESS AND HIGH EARNINGS" TO FOSTER STUDENT SUCCESS. WE REFLECT THE COMMUNITY WE SERVE AND OUR GRADUATES EXPERIENCE COMPETITIVE WAGES. WE JOIN 479 INSTITUTIONS NATIONALLY WHO HAVE EARNED THIS DESIGNATION AND NOW SERVE AS A MODEL TO OTHER COLLEGES AND UNIVERSITIES.IN COLLABORATION WITH THE DEPARTMENT OF EDUCATION, THESCHOOLHOUSE302, PARTNERSHIPS AND COMMUNITY AFFAIRS, AND PROFESSIONAL AND CONTINUING EDUCATION, THE COLLEGE SUCCESSFULLY LAUNCHED THE SECOND ANNUAL NEW SCHOOL ADMINISTRATOR INDUCTION PROGRAM TO SUPPORT NEWLY APPOINTED PUBLIC SCHOOL PRINCIPALS.THE COUNCIL ON ACCREDITATION OF NURSE ANESTHESIA EDUCATIONAL PROGRAMS (COA) CONDUCTED AN ONSITE CAPABILITY/ACCREDITATION REVIEW OF THE DELAWARE NURSE ANESTHESIOLOGY PROGRAM AT CHRISTIANACARE AND WILMINGTON UNIVERSITY. THE REVIEW TEAM COMMENDED THE HIGH-QUALITY SELF-STUDY AND ROBUST EVIDENCE OF COMPLIANCE. ALL EIGHT STANDARDS, INCLUSIVE OF 156 CRITERIA WERE FOUND TO BE "IN COMPLIANCE." PENDING AN OFFICIAL ACCREDITATION DECISION IN OCTOBER 2025, THE FIRST COHORT BEGINS IN JANUARY 2026.FORBES ADVISOR EDUCATION RECOGNIZED WILMINGTON UNIVERSITY'S WELL-ROUNDED BIOLOGY DEGREE PROGRAM AS A TOP 10 BEST ONLINE BIOLOGY DEGREE PROGRAM. STUDENTS CAN EARN THEIR DEGREE IN PERSON AT BRANDYWINE AND NEW CASTLE LOCATIONS OR 100% ONLINE USING INNOVATIVE AT-HOME LAB KITS.THE LEGAL STUDIES CONCENTRATION IN THE LAW POLICY AND POLICY AND POLITICAL SCIENCE DEGREE EARNED A FAVORABLE AMERICAN BAR ASSOCIATION RECOMMENDED APPROVAL.THE COLLEGE OF TECHNOLOGY LAUNCHED A NEW MASTER OF SCIENCE IN COMPUTER SCIENCE PROGRAM WITH AN INAUGURAL COHORT OF 25 STUDENTS. WE ARE ESPECIALLY COMMITTED TO CARING FOR OUR STUDENTS AS CUSTOMERS AND PARTNERS AS SUCH THE UNIVERSITY SERVED A TOTAL OF 18,982 STUDENTS INCLUDING 12,265 UNDERGRADUATE, 6,017 GRADUATE, 654 DOCTORAL STUDENTS, AND 46 SCHOOL OF LAW STUDENTS DURING FISCAL 2025. THE UNIVERSITY AWARDED 3,972 TOTAL DEGREES, INCLUDING 1,703 UNDERGRADUATE, 2,106 GRADUATE AND 163 DOCTORAL DEGREES DURING FISCAL 2025.
    Expenses $106,159,867 · grants $21,364,784 · revenue $114,877,643

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
51-0107088
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40)
Assets (IRS master file)
$384,874,339
Income (IRS master file)
$156,456,220

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$142,357,658$136,037,155$384,874,339XML
990June 2024$156,581,244$133,473,842$371,599,373IRS
990June 2023$123,946,874$121,397,331$357,282,631XML
990June 2022$129,795,391$119,415,820$291,760,814IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0107088).

Questions about WILMINGTON UNIVERSITY INC

What is the EIN of WILMINGTON UNIVERSITY INC?
The employer identification number (EIN) of WILMINGTON UNIVERSITY INC is 51-0107088.
Is WILMINGTON UNIVERSITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to WILMINGTON UNIVERSITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WILMINGTON UNIVERSITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WILMINGTON UNIVERSITY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WILMINGTON UNIVERSITY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of WILMINGTON UNIVERSITY INC?
The 990 for the year ended June 30, 2025 names LLOYD A RICKETTS.
Who are the officers and directors of WILMINGTON UNIVERSITY INC?
The 990 for the year ended June 30, 2025 lists 26 people; 10 received compensation from the organization, the highest $2,360,641 (HEATHER O'CONNELL, VICE PRESIDENT (THRU 2/29/24)).
How much revenue does WILMINGTON UNIVERSITY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $142,357,658, expenses of $136,037,155 and total assets of $384,874,339 at year end.

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