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Drake University

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420680460 ✦ Des moines, IA ✦ Designated as a 501(c)(3)

Overview

What is Drake University?

Drake University is a prominent, national, co-educational, independent, and private institution based in Des Moines, Iowa. With approximately 5,000 students, it is accredited by the Higher Learning Commission of the North Central Association of Schools and Colleges. Drake's mission is to offer a superior learning experience that readies students for meaningful personal lives, professional achievements, and accountable global citizenship. The Drake Experience stands out due to collaborative learning among students, faculty, and staff, as well as the harmonious blend of liberal arts and sciences with professional preparation. Drake University employs a staff of around 2800 individuals.


Official website here: www.drake.edu

Is Drake University legitimate?

Drake University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Drake University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,434,823
Professional Fundraising Fees: $261,631
Other Salaries and Wages: $70,802,664

For more financial information, click here


Official website here: www.drake.edu

What is the mission statement of Drake University?

Drake University is dedicated to delivering an exceptional learning experience that readies students for significant personal lives, professional successes, and responsible global citizenship. This commitment is reflected in The Drake Experience, which embodies collaborative learning among students, faculty, and staff, and the fusion of the liberal arts and sciences with professional preparation.


Official website here: www.drake.edu

Who is the CEO of Drake University?

Earl F Martin is the Principal Officer of Drake University.


Official website here: www.drake.edu

What is the revenue of Drake University?

Drake University's revenue in 2022 was $252,974,293.


Official website here: www.drake.edu

Who are the executives of Drake University and what are their salaries?

The average compensation at Drake University during 2022 was $25,329. There are 2,852 employees and 4,571 volunteers at Drake University.

Here are 41 key members and their salaries:

    Darian Devries (Head Coach - Men'S Basketball)
  • Compensation: $627,437
  • Related: $0
  • Other: $38,144

    • Earl Martin (President) [Trustee/Director]
  • Compensation: $450,630
  • Related: $0
  • Other: $154,109

    • Allan Vestal (Professor Of Law)
  • Compensation: $279,176
  • Related: $0
  • Other: $24,536

    • Jerry Anderson (Dean Of Law School)
  • Compensation: $244,262
  • Related: $0
  • Other: $27,636

    • Brian Hardin (Director Of Athletics)
  • Compensation: $244,412
  • Related: $0
  • Other: $25,602

    • John Smith (Vice President & Secretary)
  • Compensation: $198,410
  • Related: $0
  • Other: $44,406

    • Sue Mattison (Provost)
  • Compensation: $215,492
  • Related: $0
  • Other: $26,077

    • Renae Chesnut (Dean, Pharmacy And Health Sciences)
  • Compensation: $210,890
  • Related: $0
  • Other: $19,086

    • Adam Voigts (Cfo & Treasurer)
  • Compensation: $183,939
  • Related: $0
  • Other: $24,192

    • Venessa Kuhlmann-Macro (Chief Administration Officer)
  • Compensation: $167,313
  • Related: $0
  • Other: $23,010

    • Joe Aiello (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Azu (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Doucette (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Fisher (Trustee & Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Golder (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Lang (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Leavitt (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Lesher (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Meyer (Trustee & Vice Chair (Thru 6/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Schickler (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Wallace (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lindsay Whorton (Trustee & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Bernau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Branding (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Bruce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzie Burt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Carr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnnie Carson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marta Codina (Trustee (Effective 10/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Cownie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Ernst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Jacobi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Johansen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Knapp Ii (Trustee (Through 6/30/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathryn Lacy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Mclean (Trustee (Effective 10/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Miles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rudolph D Trebels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ike Vanden Eykel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Zimpleman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.drake.edu

    Where can I find the form 990 for Drake University?

    The Drake University’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.drake.edu

    Learn more at the official website: www.drake.edu

    Mission Statement of Drake University

    Drake University, a reputable institution, is committed to providing an exceptional learning environment that sets students on a path to meaningful personal lives, professional accomplishments, and responsible global citizenship. This Des Moines-based university stands out due to its distinctive collaborative learning culture, where students, faculty, and staff engage in interactive sessions. The Drake Experience transcends the conventional academic setting by integrating the liberal arts and sciences with professional preparation.

    Drake University's mission is geared towards nurturing students to their fullest potential. Through collaborative learning, the university fosters an atmosphere of intellectual curiosity and academic rigor. Students and faculty work together, creating a dynamic learning environment that prepares students for a successful future. This mission extends beyond the classroom as well, with Drake's commitment to fostering responsible global citizenship, instilling in students a sense of social responsibility and a desire to contribute positively to their communities and the world at large.

    Drake University's dedication to its students goes beyond academic excellence. Its innovative approach to education integrates professional preparation with a liberal arts and sciences foundation, ensuring that graduates possess both the necessary skills and knowledge to excel in their chosen fields and make a positive impact on the world. This unique blend of education provides students with a versatile skill set that prepares them for a wide range of professional opportunities.

    Impact

    This information is meant to be a general summary of Drake University. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Drake University's impact is significant in preparing students for meaningful personal lives, professional accomplishments, and responsible global citizenship. Through its exceptional learning environment, collaborative learning approach, and integration of liberal arts and sciences with professional preparation, Drake University equips its approximately 5,000 students with the knowledge, skills, and values necessary to succeed in a diverse and complex world. Located in Des Moines, Iowa, Drake University plays a key role in shaping the future leaders and professionals who will contribute positively to their communities and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,980,915
  • Program Service Revenue: $190,438,490
  • Gross Receipts: $303,857,347

    • Assets and Liabilities:
  • Total Assets: $538,166,489
  • Total Liabilities: $94,289,004
  • Net Assets: $443,877,485
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STUDENT TUITION & FEES

    Revenue

    $167,684,359

    CONTRACT MEALS - FOOD

    Revenue

    $8,899,318

    CONTRACT INCOME - RES

    Revenue

    $8,325,249

    SPORTS INCOME

    Revenue

    $4,399,346

    PARKING FEES

    Revenue

    $548,017

    Organization Details

    Founding Year

    1881

    Principal Officer

    Earl F Martin

    Main Address

    2507 UNIVERSITY AVE, DES MOINES, IA, 50311

    NTEE Category

    Code: B43 - Education

    If you are a representative of Drake University and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.