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Nonprofit · EIN 61-0444650

BEREA COLLEGE

Tax-exempt · BEREA, KY 40404

Financials

$157.5M$134.1M2022$139.3M$121.4M2023$212.3M$129.9M2024
Revenue Expenses · by fiscal year end
Financials of BEREA COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$212,253,438$129,898,158$82,355,280$2,281,399,170$104,891,909$2,176,507,261
June 30, 2024990$139,250,388$121,442,033$17,808,355$2,105,673,831$104,775,727$2,000,898,104
June 30, 2023990$157,457,303$134,094,613$23,362,690$1,976,552,784$109,710,394$1,866,842,390
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$47,964,636
of which government grants
$5,751,319
Program service revenue
$24,357,270
Investment income
$138,009,707
Royalties
$403,845
Net rental income
$40,959
Net gain from sales of assets
$100,489,935
Net income from sales of inventory
$80,170
Other revenue
$1,921,825

Expenses

Grants and similar amounts paid
$5,066,580
Compensation of officers, directors and key employees
$3,357,381
Other salaries and wages
$44,133,708
Salaries, compensation and benefits (total)
$60,980,042
Professional fundraising fees
$732,983
Legal fees
$54,971
Accounting fees
$204,737
Occupancy
$3,882,553
Travel
$1,260,667
Depreciation
$12,962,817
Program services (functional)
$99,864,778
Management and general (functional)
$22,292,905
Fundraising (functional)
$7,740,475

Balance sheet and other

Total assets, start of year
$2,105,673,831
Total assets, end of year
$2,281,399,170
Total liabilities, end of year
$104,891,909
Net assets, end of year
$2,176,507,261
Land, buildings and equipment
$223,377,853
Publicly traded securities
$1,377,612,000
Net assets without donor restrictions
$1,154,999,092
Net assets with donor restrictions
$1,021,508,169
Gross unrelated business income
$316,089
Gross receipts
$301,705,868
Employees
807
Volunteers
156
Year formed
1855
State of legal domicile
KY

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
NIXON CHERYL LPRESIDENT
Officer
60$430,956$85,810
WILSON II JUDGE BSECRETARY/GENERAL COUNSEL
Officer
40$286,989$42,602
BERRY CHADVP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY
Officer
50$288,204$35,341
ROELOFS LYLE DFORMER OFFICER (AS PRESIDENT OF BEREA COLLEGE)
Former
0$280,626$32,569
AMBURGEY JEFFREY SVICE PRESIDENT FOR FINANCE
Officer
50$220,187$42,398
SINGLETON DERRICKVP FOR OPERATIONS & SUSTAINABILITY
Officer
50$205,869$46,688
STEELE SCOTTPROVOST
Officer
50$207,317$35,714
SADERHOLM MATTDEAN OF FACULTY
Officer
50$185,112$46,951
KENNISON MONICACHAIR OF NURSING
Highest-paid employee
40$189,627$35,973
THOMPSON TERICHIEF STRATEGY OFFICER
Officer
50$171,698$23,191
LOGSDON PHILLIPCHIEF INFORMATION OFFICER
Officer
50$144,960$43,681
TERESA DAVISSENIOR AVP FOR PHILANTHROPY
Highest-paid employee
40$158,708$29,399
PEARCE JANCHAIR OF COMPUTER SCIENCE
Highest-paid employee
40$142,537$30,338
MACK DWAYNEVP FOR DIVERSITY EQUITY INCLUSION
Officer
50$133,706$39,007
LAWSON STEVEASSOC VP FOR HUMAN RESOURCES
Highest-paid employee
40$146,370$21,793
32 more people on this return
NameTitleHours / weekCompensationOther / benefits
ROBINSON COLLISDEAN OF LABOR
Officer
50$132,667$34,281
SOWERS NANCYCHAIR OF ECONOMICS & BUSINESS
Highest-paid employee
40$133,622$32,636
POYNTER BARRYVICE PRESIDENT FOR ACCOUNTING (Partial Year)
Officer
50$114,384$14,463
EARP SAMANTHAVICE CHAIR
Trustee or director, Officer
4$0$0
ZEIGLER STEPHANIE BOWLINGCHAIR
Trustee or director, Officer
7$0$0
ALLUMSVICKI ETRUSTEE
Trustee or director
3$0$0
BLADE VANCETRUSTEE
Trustee or director
3$0$0
BONNYMAN ANNE BERRYTRUSTEE
Trustee or director
2$0$0
BRIDY JOSEPH JOHNTRUSTEE
Trustee or director
2$0$0
CAMPBELL STEPHENTRUSTEE
Trustee or director
3$0$0
COMPTON DWAYNETRUSTEE
Trustee or director
2$0$0
CROWE CHARLESTRUSTEE
Trustee or director
2$0$0
DAUGHERTY BILLTRUSTEE
Trustee or director
2$0$0
DEAN DONNA JTRUSTEE
Trustee or director
3$0$0
FLEMING JOHN ETRUSTEE
Trustee or director
2$0$0
FLOWERS MICHAEL DTRUSTEE
Trustee or director
3$0$0
GALLARDO YOLITRUSTEE
Trustee or director
2$0$0
GENTRY JODI DTRUSTEE
Trustee or director
2$0$0
JENKINS SCOTT MDIRECTOR
Trustee or director
3$0$0
JENNINGS GLENN RTRUSTEE
Trustee or director
2$0$0
JOHNSON SHAWN C DTRUSTEE
Trustee or director
2$0$0
LANE BRENDA WTRUSTEE
Trustee or director
2$0$0
LOWE JR EUGENE YTRUSTEE
Trustee or director
3$0$0
PHILLIPS ROBERTTRUSTEE
Trustee or director
2$0$0
ROBBINS WILLIAM LTRUSTEE
Trustee or director
2$0$0
ROOP DENNIS RTRUSTEE
Trustee or director
2$0$0
SEABURY II CHARLES WARDTRUSTEE
Trustee or director
2$0$0
SLOAN DAVIDTRUSTEE
Trustee or director
2$0$0
THOMPSON TYLER STRUSTEE
Trustee or director
3$0$0
TORRES MEGANTRUSTEE
Trustee or director
2$0$0
TUAN ROCKY STRUSTEE
Trustee or director
2$0$0
TUFFOUR EMMANUEL ATRUSTEE
Trustee or director
3$0$0
990 for the year ended June 30, 2024: 52 people
NameTitleHours / weekCompensationOther / benefits
ROELOFS LYLE D(President through June 2023) PRESIDENT EMERITUS (through June 2024)
Officer
60$497,421$90,824
WILSON II JUDGE BSECRETARY/GENERAL COUNSEL
Officer
40$274,325$40,085
NIXON CHERYL L STARTED JULY 2023PRESIDENT
Officer
60$236,227$61,994
BERRY CHADVP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY
Officer
50$251,979$35,583
AMBURGEY JEFFREY SVICE PRESIDENT FOR FINANCE
Officer
50$201,571$39,061
SINGLETON DERRICKVP FOR OPERATIONS & SUSTAINABILITY
Officer
50$196,665$43,160
STEELE SCOTTPROVOST
Officer
50$193,185$34,063
SADERHOLM MATTDEAN OF FACULTY
Officer
50$173,270$43,562
KENNISON MONICACHAIR OF NURSING
Highest-paid employee
40$182,263$33,496
LOGSDON PHILLIPCHIEF INFORMATION OFFICER
Officer
40$138,646$40,780
TERESA DAVISSenior Associate Vice President for Alumni and Philanthropy
Highest-paid employee
40$151,818$27,561
MACK DWAYNEVP FOR DIVERSITY EQUITY INCLUSION
Officer
50$134,550$36,845
THOMPSON TERIChief Strategy Officer
Officer
50$146,504$20,375
LAWSON STEVEASSOC VP FOR HUMAN RESOURCES
Highest-paid employee
40$140,525$20,565
ROBINSON COLLISDEAN OF LABOR
Officer
50$125,558$32,076
NORRIS JOHN DAVIDPROFESSOR/CO-DIR OF EPG
Highest-paid employee
40$129,277$19,148
GARY MAHONEYProfessor of Engineering Technologies and Applied Design
Highest-paid employee
40$127,348$18,575
Gus GerassimidesInterim Vice President for Student Life
Officer
50$112,924$28,063
EARP SAMANTHAVICE CHAIR
Trustee or director, Officer
2$0$0
ZEIGLER STEPHANIE BOWLINGCHAIR
Trustee or director, Officer
7$0$0
ALLUMSVICKI ETRUSTEE
Trustee or director
3$0$0
ARMSTRONG CASSIE CHAMBERSTRUSTEE
Trustee or director
2$0$0
ARMSTRONG CELESTETRUSTEE
Trustee or director
2$0$0
BEASON CHARLOTTE FTRUSTEE
Trustee or director
2$0$0
BLADE VANCETRUSTEE
Trustee or director
3$0$0
BONNYMAN ANNE BERRYTRUSTEE
Trustee or director
2$0$0
BRIDY JOSEPH JOHNTRUSTEE
Trustee or director
3$0$0
CAMPBELL STEPHENTRUSTEE
Trustee or director
2$0$0
CHOW DAVID HTRUSTEE
Trustee or director
3$0$0
COMPTON DWAYNETRUSTEE
Trustee or director
2$0$0
CROWE CHARLESTRUSTEE
Trustee or director
2$0$0
DAUGHERTY BILLTRUSTEE
Trustee or director
2$0$0
DEAN DONNA JTRUSTEE
Trustee or director
2$0$0
FLEMING JOHN ETRUSTEE
Trustee or director
2$0$0
FLOWERS MICHAEL DTRUSTEE
Trustee or director
3$0$0
GALLARDO YOLITRUSTEE
Trustee or director
2$0$0
JENKINS SCOTT MVICE CHAIR
Trustee or director
4$0$0
JENNINGS GLENN RTRUSTEE
Trustee or director
2$0$0
JOHNSON SHAWN C DTRUSTEE
Trustee or director
2$0$0
LANE BRENDA WTRUSTEE
Trustee or director
2$0$0
LOWE JR EUGENE YTRUSTEE
Trustee or director
3$0$0
PRIDE MIRIAMTRUSTEE
Trustee or director
2$0$0
RICHARDSON WILLIAM BTRUSTEE
Trustee or director
2$0$0
ROBBINS WILLIAM LTRUSTEE
Trustee or director
2$0$0
ROOP DENNIS RTRUSTEE
Trustee or director
2$0$0
SEABURY II CHARLES WARDTRUSTEE
Trustee or director
2$0$0
SHELTON DAVID ETRUSTEE
Trustee or director
2$0$0
SLOAN DAVIDTRUSTEE
Trustee or director
2$0$0
THOMPSON TYLER STRUSTEE
Trustee or director
3$0$0
TORRES MEGANTRUSTEE
Trustee or director
2$0$0
TUAN ROCKY STRUSTEE
Trustee or director
2$0$0
TUFFOUR EMMANUEL ATRUSTEE
Trustee or director
3$0$0
990 for the year ended June 30, 2023: 51 people
NameTitleHours / weekCompensationOther / benefits
ROELOFS LYLE DPRESIDENT
Officer
60$487,772$57,401
WILSON II JUDGE BSECRETARY/GENERAL COUNSEL
Officer
40$261,237$37,507
BERRY CHADVP FOR ALUMNI, COMMUNICATIONS, AND PHILANTHROPY
Officer
50$202,490$30,456
SINGLETON DERRICKVP FOR OPERATIONS & SUSTAINABILITY
Officer
50$188,434$39,772
AMBURGEY JEFFREY SVICE PRESIDENT FOR FINANCE
Officer
50$190,341$36,374
STEELE SCOTTPROVOST
Officer
50$178,414$32,036
KENNISON MONICACHAIR OF NURSING
Highest-paid employee
40$174,762$31,043
SADERHOLM MATTDEAN OF FACULTY
Officer
50$160,045$40,357
BARBOUR CHANNELL (THROUGH MAY 2023)VP FOR STUDENT LIFE
Officer
50$146,456$21,310
DAVIS TERESASENIOR AVP FOR PHILANTHROPY
Highest-paid employee
40$138,026$25,269
LOGSDON PHILLIPCHIEF INFORMATION OFFICER
Highest-paid employee
40$125,239$37,319
MACK DWAYNEVP FOR DIVERSITY EQUITY INCLUSION
Officer
50$120,719$33,682
HACKBERT PETERPROFESSOR/CO-DIR OF EPG
Highest-paid employee
40$142,682$11,394
THOMPSON TERIVP FOR STRATEGIC INITIATIVES
Officer
50$134,435$18,728
LAWSON STEVEASSOC VP FOR HUMAN RESOURCES
Highest-paid employee
40$133,018$19,328
ROBINSON COLLISDEAN OF LABOR
Officer
50$100,201$28,694
GERASSIMIDES GUS (STARTED MAY 2023)VP FOR STUDENT LIFE
Officer
50$93,906$24,067
EARP SAMANTHAVICE CHAIR
Trustee or director, Officer
4$0$0
ZEIGLER STEPHANIE BOWLINGCHAIR
Trustee or director, Officer
7$0$0
ALLUMSVICKI ETRUSTEE
Trustee or director
3$0$0
ARMSTRONG CASSIE CHAMBERSTRUSTEE
Trustee or director
2$0$0
ARMSTRONG CELESTETRUSTEE
Trustee or director
2$0$0
BEASON CHARLOTTE FTRUSTEE
Trustee or director
2$0$0
BLADE VANCETRUSTEE
Trustee or director
3$0$0
BONNYMAN ANNE BERRYTRUSTEE
Trustee or director
2$0$0
BRIDY JOSEPH JOHNTRUSTEE
Trustee or director
3$0$0
CAMPBELL STEPHENTRUSTEE
Trustee or director
2$0$0
CHOW DAVID HTRUSTEE
Trustee or director
3$0$0
COMPTON DWAYNETRUSTEE
Trustee or director
2$0$0
CROWE CHARLESTRUSTEE
Trustee or director
2$0$0
DAUGHERTY BILLTRUSTEE
Trustee or director
2$0$0
DEAN DONNA JTRUSTEE
Trustee or director
2$0$0
FLEMING JOHN ETRUSTEE
Trustee or director
2$0$0
FLOWERS MICHAEL DTRUSTEE
Trustee or director
3$0$0
GALLARDO YOLITRUSTEE
Trustee or director
2$0$0
JENKINS SCOTT MTRUSTEE
Trustee or director
3$0$0
JENNINGS GLENN RTRUSTEE
Trustee or director
2$0$0
JOHNSON SHAWN C DTRUSTEE
Trustee or director
2$0$0
LANE BRENDA WTRUSTEE
Trustee or director
2$0$0
LOWE JR EUGENE YTRUSTEE
Trustee or director
3$0$0
PRIDE MIRIAMTRUSTEE
Trustee or director
2$0$0
RICHARDSON WILLIAM BTRUSTEE
Trustee or director
2$0$0
ROBBINS WILLIAM LTRUSTEE
Trustee or director
2$0$0
ROOP DENNIS RTRUSTEE
Trustee or director
2$0$0
SEABURY II CHARLES WARDTRUSTEE
Trustee or director
2$0$0
SHELTON DAVID ETRUSTEE
Trustee or director
2$0$0
SLOAN DAVIDTRUSTEE
Trustee or director
2$0$0
THOMPSON TYLER STRUSTEE
Trustee or director
3$0$0
TORRES MEGANTRUSTEE
Trustee or director
2$0$0
TUAN ROCKY STRUSTEE
Trustee or director
2$0$0
TUFFOUR EMMANUEL ATRUSTEE
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
CPO 2214, BEREA, KY 40404-0001
Principal officer (990 for 2024)
Cheryl L Nixon, LINCOLN HALL 220, BEREA, KY 40404
Signed the 990
Barry Poynter, Vice President for Finance
Phone
(859) 985-3082
Return prepared by
CROWE LLP

Mission

BEREA TRANSFORMS THE LIVES OF STUDENTS AND FAMILIES BY ADMITTING STUDENTS OF HIGH PROMISE AND LOW MEANS. CORE TO ITS MISSION OF TRANSFORMING LIVES AND CIRCUMSTANCES, BEREA COLLEGE COVERS ALL COSTS BEYOND WHAT THE STUDENT AID INDEX IN THE FAFSA SPECIFIES ARE THE RESPONSIBILITY OF THE STUDENT AND FAMILY. FURTHERMORE, IT COVERS THESE COSTS WITHOUT PACKAGING LOANS, WHICH IS WHY BEREA STUDENTS HAVE THE LOWEST EDUCATIONAL DEBT IN THE COUNTRY.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION - EXPENDITURES OF ACADEMIC DEPARTMENTS AND OTHER INSTRUCTION ACTIVITIES BENEFITING APPROXIMATELY 1,500 STUDENTS.
    Expenses $37,358,765 · revenue $494,125
  • Student Services - STUDENT SUPPORT SERVICES SUCH AS ADMISSIONS, STUDENT LIFE, HEALTH SERVICES, LABOR PROGRAM, AND FINANCIAL AID.
    Expenses $19,089,695 · revenue $1,819,563
  • Residence Halls and/Food Service - RESIDENCE HALLS AND DINING SERVICE FOR STUDENTS.
    Expenses $14,318,983 · revenue $11,826,959
  • Academic Support - INCLUDES EXPENDITURES FOR THE ACADEMIC VICE PRESIDENT AND DEAN OF FACULTY'S OFFICE, LIBRARY, MEDIA SERVICES, STUDENT LAPTOP COMPUTER PROGRAM, AND OTHER RELATED ACTIVITIES THAT SUPPORT THE INSTRUCTIONAL MISSION OF THE COLLEGE.
    Expenses $12,599,014 · revenue $1,343,198
  • Public Service - Aligned with its mission, Berea College has a commitment to engage with Appalachian communities through a variety of in-reach and outreach programs. 1) Private, state, and federal funding supports Grow Appalachia's mission to address food insecurity in central Appalachia. 2) Brushy Fork Leadership Institute supports emerging leaders in rural communities funded through Berea College, contract revenue, and private funding. 3) The Appalachian Fund sub-grants monies from Berea College's Appalachian Fund endowment each year to improve the health, education, and general welfare of people living in Appalachia.
    Expenses $6,758,837 · grants $924,539 · revenue $850,477
  • Student Industries - STUDENT INDUSTRIES COST OF OPERATIONS (EXCLUDING COST OF SALES) WHICH PROVIDE LABOR OPPORTUNITIES FOR STUDENTS.
    Expenses $5,597,443 · revenue $4,998,139
  • Student Aid - EXPENDITURES FOR SCHOLARSHIPS, GRANTS AND AWARDS TO STUDENTS. EXPENSES REPORTED INCLUDE PRIMARILY DIRECT STUDENT AID TO ASSIST WITH ROOM AND BOARD, BOOKS AND SUPPLIES. IN ADDITION, ALL DEGREE-SEEKING BEREA COLLEGE STUDENTS RECEIVE A FULL-TUITION SCHOLARSHIP, ALSO KNOWN AS A COST OF EDUCATION SCHOLARSHIP, THAT IS FUNDED PRIMARILY FROM THE SPENDABLE RETURN FROM THE ENDOWMENT. THE AMOUNT OF FULL-TUITION SCHOLARSHIPS FOR THE FISCAL YEAR WAS $81,550,120. THESE EXPENSES ARE PRIMARILY INCLUDED IN THE AREAS OF INSTRUCTION, STUDENT SERVICES, ACADEMIC SUPPORT, ETC.
    Expenses $4,142,041 · grants $4,142,041 · revenue $3,500,000

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
61-0444650
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
1953
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$2,281,399,170
Income (IRS master file)
$301,705,868

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$212,253,438$129,898,158$2,281,399,170IRS
990-TJune 2025–––IRS
990June 2024$139,250,388$121,442,033$2,105,673,831IRS
990-TJune 2024–––IRS
990June 2023$157,457,303$134,094,613$1,976,552,784XML
990-TJune 2023–––IRS
990June 2022$243,070,272$155,512,051$1,868,201,097IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 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 61-0444650).

Questions about BEREA COLLEGE

What is the EIN of BEREA COLLEGE?
The employer identification number (EIN) of BEREA COLLEGE is 61-0444650.
Is BEREA COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
Are donations to BEREA COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BEREA COLLEGE 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 BEREA COLLEGE 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 BEREA COLLEGE 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 BEREA COLLEGE?
The 990 for the year ended June 30, 2025 names Cheryl L Nixon.
Who are the officers and directors of BEREA COLLEGE?
The 990 for the year ended June 30, 2025 lists 47 people; 18 received compensation from the organization, the highest $430,956 (NIXON CHERYL L, PRESIDENT).
How much revenue does BEREA COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $212,253,438, expenses of $129,898,158 and total assets of $2,281,399,170 at year end.

Other nonprofits in BEREA

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