Nonprofit · EIN 54-0505922
UNIVERSITY OF LYNCHBURG
Tax-exempt · LYNCHBURG, VA 24501
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $110,895,162 | $110,516,417 | $378,745 | $261,275,871 | $64,112,853 | $197,163,018 |
| June 30, 2024 | 990 | $108,466,703 | $112,240,024 | -$3,773,321 | $258,846,950 | $66,054,658 | $192,792,292 |
| June 30, 2023 | 990 | $93,803,239 | $104,677,626 | -$10,874,387 | $261,164,007 | $67,795,219 | $193,368,788 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,272,250
- of which government grants
- $1,231,658
- Program service revenue
- $93,912,165
- Investment income
- $9,698,425
- Royalties
- $21,011
- Net gain from sales of assets
- $8,701,609
- Other revenue
- $12,322
Expenses
- Grants and similar amounts paid
- $32,088,604
- Compensation of officers, directors and key employees
- $885,978
- Other salaries and wages
- $36,384,955
- Salaries, compensation and benefits (total)
- $47,378,165
- Professional fundraising fees
- $181,140
- Legal fees
- $272,514
- Accounting fees
- $62,970
- Occupancy
- $3,250,452
- Travel
- $1,810,616
- Depreciation
- $5,184,042
- Program services (functional)
- $95,631,515
- Management and general (functional)
- $13,175,775
- Fundraising (functional)
- $1,709,127
Balance sheet and other
- Total assets, start of year
- $258,846,950
- Total assets, end of year
- $261,275,871
- Total liabilities, end of year
- $64,112,853
- Net assets, end of year
- $197,163,018
- Land, buildings and equipment
- $97,884,116
- Publicly traded securities
- $103,623,708
- Net assets without donor restrictions
- $57,917,577
- Net assets with donor restrictions
- $139,245,441
- Gross unrelated business income
- $145,856
- Gross receipts
- $223,783,524
- Employees
- 1,680
- Volunteers
- 0
- Year formed
- 1903
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Alison Morrison-Shetlar | President of the University Officer | 40 | $418,240 | $81,590 |
| Jeremy Welsh | Vice President of Strategy & Professor of PA Medicine Officer | 40 | $251,692 | $34,434 |
| Jenna Rolfs | Dean Highest-paid employee | 40 | $179,072 | $39,481 |
| Aaron Basko | Marketing & Communications Highest-paid employee | 40 | $160,012 | $34,051 |
| Allison Jablonski | Professor - Biology Highest-paid employee | 40 | $147,388 | $39,668 |
| Chrstine Cole | Director of UDAE Highest-paid employee | 40 | $169,647 | $11,788 |
| Charles Walton | Dean Academic Affairs Highest-paid employee | 40 | $154,128 | $22,754 |
| Kristen Cooper | VP Student Success Officer | 40 | $137,771 | $24,405 |
| Christopher L Burnley | VP for Business and Finance and Treasurer Officer | 40 | $127,749 | $28,848 |
| Terry Lanham | Interim VP for Finance & Operations Officer | 40 | $72,994 | $7,548 |
| Price Jett | VP for Finance & Operations/Treasurer Officer | 40 | $18,858 | $7,900 |
| Michael Allen | Trustee Trustee or director | 2 | $0 | $0 |
| Charles W Berry | Trustee Trustee or director | 2 | $0 | $0 |
| Melanie Biermann | Trustee Trustee or director | 2 | $0 | $0 |
| Christopher L Boyd | Trustee Trustee or director | 2 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Julie P Doyle | Trustee/Chair Trustee or director, Officer | 2 | $0 |
| Darlene D Edwards | Trustee Trustee or director | 2 | $0 |
| Jamar Hawkins | Trustee Trustee or director | 2 | $0 |
| Robert Lemon Jr | Trustee Trustee or director | 2 | $0 |
| Nathaniel X Marshall | Trustee Trustee or director | 2 | $0 |
| David Rosser | Trustee Trustee or director | 2 | $0 |
| Verna R Sellers | Trustee Trustee or director | 2 | $0 |
| Gillian Stoettner | Trustee Trustee or director | 2 | $0 |
| Andrew J Tatom III | Trustee/First Vice Chair Trustee or director, Officer | 2 | $0 |
| Treney L Tweedy | Trustee Trustee or director | 2 | $0 |
| James S White | Trustee Trustee or director | 2 | $0 |
| Robert Wilson-Black | Trustee Trustee or director | 2 | $0 |
| Stephen L Crank | Trustee Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Alison Morrison-Shetlar | President of the University Officer | 80 | $418,450 | $81,315 |
| Jeremy Welsh | Vice President of Strategy & Professor of PA Medicine Highest-paid employee | 50 | $221,243 | $35,322 |
| Allison Jablonski | Provost and Vice President of Academic Affairs Officer | 50 | $187,465 | $45,248 |
| Michael Bonnette | Vice President for Advancement Highest-paid employee | 50 | $180,175 | $38,485 |
| David Murphy | Adjunct Professor - College of Business Highest-paid employee | 50 | $163,404 | $49,870 |
| Christopher L Burnley | VP for Business and Finance and Treasurer Officer | 60 | $165,704 | $47,098 |
| A Russell Smith | Director/Professor Physical Therapy Highest-paid employee | 50 | $194,117 | $16,992 |
| Eric Baldwin | VP and Dean for Student Development Officer | 45 | $153,645 | $43,533 |
| Jenna Rolfs | Dean Highest-paid employee | 50 | $152,731 | $35,349 |
| Michael Allen | Trustee Trustee or director | 2 | $0 | $0 |
| Charles W Berry | Trustee Trustee or director | 2 | $0 | $0 |
| Hannah Besanceney | Trustee Trustee or director | 2 | $0 | $0 |
| Melanie Biermann | Trustee Trustee or director | 2 | $0 | $0 |
| Christopher L Boyd | Trustee Trustee or director | 2 | $0 | $0 |
| David C Boyle | Trustee Trustee or director | 2 | $0 | $0 |
| Stephen L Crank | Trustee Trustee or director | 2 | $0 | $0 |
| Julie P Doyle | Trustee Trustee or director | 2 | $0 | $0 |
| Darlene D Edwards | Trustee Trustee or director | 2 | $0 | $0 |
| Pauline B Flint | Trustee Trustee or director | 2 | $0 | $0 |
| Joan Foster | Trustee Trustee or director | 2 | $0 | $0 |
| Bryant A Haskins | Trustee/Secretary Trustee or director, Officer | 5 | $0 | $0 |
| Jamar Hawkins | Trustee Trustee or director | 2 | $0 | $0 |
| Robert Lemon Jr | Trustee/Chair Trustee or director, Officer | 5 | $0 | $0 |
| Nathaniel X Marshall | Trustee Trustee or director | 2 | $0 | $0 |
| Margaret A Miller | Trustee Trustee or director | 2 | $0 | $0 |
| David Rosser | Trustee Trustee or director | 2 | $0 | $0 |
| Verna R Sellers | Trustee Trustee or director | 2 | $0 | $0 |
| Gillian Stoettner | Trustee Trustee or director | 2 | $0 | $0 |
| Andrew J Tatom III | Trustee/First Vice Chair Trustee or director, Officer | 5 | $0 | $0 |
| Francesca Vasquez | Trustee Trustee or director | 2 | $0 | $0 |
| Lee C Verrone | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Alison Morrison-Shetlar | President of the University Officer | 80 | $418,072 | $81,450 |
| Jeremy Welsh | Vice President of Strategy & Professor of PA Medicine Highest-paid employee | 50 | $212,981 | $25,675 |
| Allison Jablonski | Provost and Vice President of Academic Affairs Officer | 50 | $188,283 | $41,673 |
| Christopher L Burnley | VP for Business and Finance and Treasurer Officer | 60 | $166,683 | $55,980 |
| Michael Bonnette | Vice President for Advancement Officer | 50 | $180,194 | $41,392 |
| A Russell Smith | Director/Professor Physical Therapy Highest-paid employee | 50 | $155,917 | $47,317 |
| Michael Jones | VP for Enrollment, Marketing, and Communications - 4 months Officer | 50 | $156,196 | $38,020 |
| Eric Baldwin | VP and Dean for Student Development Officer | 45 | $154,325 | $37,516 |
| Nancy Hubbard | Professor/Dean, College of Business Highest-paid employee | 50 | $143,881 | $46,892 |
| David Murphy | Adjunct Professor - College of Business Highest-paid employee | 50 | $142,175 | $37,105 |
| Christine C Cole | Vice President for University Data Analytics & Effectiveness Highest-paid employee | 50 | $149,755 | $24,200 |
| Aaron Basko | Vice President for Enrollment, Marketing & Communications Officer | 50 | $118,604 | $53,479 |
| Michael Allen | Trustee Institutional trustee | 2 | $0 | $0 |
| Charles W Berry | Trustee Institutional trustee | 2 | $0 | $0 |
| Hannah Besanceney | Trustee Institutional trustee | 2 | $0 | $0 |
| Melanie Biermann | Trustee Institutional trustee | 2 | $0 | $0 |
| Christopher L Boyd | Trustee Institutional trustee | 2 | $0 | $0 |
| David C Boyle | Trustee Institutional trustee | 2 | $0 | $0 |
| Stephen L Crank | Trustee Institutional trustee | 2 | $0 | $0 |
| Julie P Doyle | Trustee Institutional trustee | 2 | $0 | $0 |
| Darlene D Edwards | Trustee Institutional trustee | 2 | $0 | $0 |
| Pauline B Flint | Trustee Institutional trustee | 2 | $0 | $0 |
| Joan Foster | Trustee Institutional trustee | 2 | $0 | $0 |
| Bryant A Haskins | Trustee/Secretary Institutional trustee | 5 | $0 | $0 |
| Jamar Hawkins | Trustee Institutional trustee | 2 | $0 | $0 |
| Robert Lemon Jr | Trustee/Chair Institutional trustee | 5 | $0 | $0 |
| Nathaniel X Marshall | Trustee Institutional trustee | 2 | $0 | $0 |
| Margaret A Miller | Trustee Institutional trustee | 2 | $0 | $0 |
| David Rosser | Trustee Institutional trustee | 2 | $0 | $0 |
| Verna R Sellers | Trustee Institutional trustee | 2 | $0 | $0 |
| Gillian Stoettner | Trustee Institutional trustee | 2 | $0 | $0 |
| Andrew J Tatom III | Trustee/First Vice Chair Institutional trustee | 5 | $0 | $0 |
| Francesca Vasquez | Trustee Institutional trustee | 2 | $0 | $0 |
| Lee C Verrone | Trustee Institutional trustee | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1501 LAKESIDE DR, LYNCHBURG, VA 24501-3113
- In care of
- % MR STEVE BRIGHT
- Principal officer (990 for 2024)
- Price Jett, 1501 Lakeside Drive, Lynchburg, VA 24501
- Signed the 990
- Price Jett, VP for Finance & Operations & CFO
- Phone
- (434) 544-8168
- Website
- www.lynchburg.edu
Mission
The mission of the University is to inspire independent thinkers who become trustworthy, effective leaders that shape caring communities. The vision of the University of Lynchburg is to cultivate a world that is innovative, authentic, and inclusive. The daily goal of the University of Lynchburg is to create an undeniably life-changing experience for students from their first encounter with the University until the moment they become proud Lynchburg alumni. The values of the University of Lynchburg include Academic Rigor, Belonging, Connection, Curiosity, Excellence and Service.
Program accomplishments
- Includes student instruction and scholarships. For the Fall 2024, there were 1,595 undergraduates, 721 graduates for a total enrollment of 2,316 students.Expenses $56,449,987 · grants $32,088,604 · revenue $103,631,601
- Includes auxiliary enterprises (such as dining services, student housing, campus store, and other snack bar areas).Expenses $13,671,056
- Includes other institutional services (such as information technology, interest expense, and other allocated expenses) that support student instruction.Expenses $14,901,482
- Includes student services and academic support, including but not limited to, enrollment services, registrar, health and counseling services, student activities, sports, recreation, the University's library, art gallery, academic advising, career services, and other support services.Expenses $10,608,990
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-0505922
- 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
- 1944
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $261,275,871
- Income (IRS master file)
- $223,783,524
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $110,895,162 | $110,516,417 | $261,275,871 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $108,466,703 | $112,240,024 | $258,846,950 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $93,803,239 | $104,677,626 | $261,164,007 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $116,399,474 | $107,792,950 | $271,334,751 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 54-0505922).
Questions about UNIVERSITY OF LYNCHBURG
- What is the EIN of UNIVERSITY OF LYNCHBURG?
- The employer identification number (EIN) of UNIVERSITY OF LYNCHBURG is 54-0505922.
- Is UNIVERSITY OF LYNCHBURG tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
- Are donations to UNIVERSITY OF LYNCHBURG tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF LYNCHBURG 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 UNIVERSITY OF LYNCHBURG 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 UNIVERSITY OF LYNCHBURG 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 UNIVERSITY OF LYNCHBURG?
- The 990 for the year ended June 30, 2025 names Price Jett.
- Who are the officers and directors of UNIVERSITY OF LYNCHBURG?
- The 990 for the year ended June 30, 2025 lists 28 people; 11 received compensation from the organization, the highest $418,240 (Alison Morrison-Shetlar, President of the University).
- How much revenue does UNIVERSITY OF LYNCHBURG have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $110,895,162, expenses of $110,516,417 and total assets of $261,275,871 at year end.
Other nonprofits in LYNCHBURG
- LIBERTY UNIVERSITY INC EIN 54-0946734 · last filed 990 for 2025
- RANDOLPH COLLEGE EIN 54-0505941 · last filed 990 for 2025
- CENTRAL VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC EIN 54-1167908 · last filed 990 for 2025
- NEW VISTAS SCHOOL OF CENTRAL VIRGINIA INC EIN 54-1273630 · last filed 990 for 2025
- BLUE RIDGE MONTESSORI INC EIN 54-1960945 · last filed 990 for 2025
- LYNCHBURG BEACON OF HOPE EIN 45-3797831 · last filed 990 for 2025
- BRANCHES ACADEMY AND EARLY LEARNING CENTER INC EIN 20-1256603 · last filed 990 for 2025
- LIBERTY UNIVERSITY FOUNDATION EIN 54-1939910 · last filed 990 for 2025