Ivan Spencer headed Elim Bible Institute for many years. In 1949, he was succeeded in that position by his son, I. Carlton Spencer, who also led Elim Fellowship for many years. Subsequently, H. David Edwards and Mike Webster each served as president of the institution. Paul Johansson, who was a student at Elim from 1956 to 1959, became the school's president in 1994. In 2006, Jeff Clark, who completed his own studies at Elim in 1978, succeeded Johansson as president. In 2012, Michael Cavanaugh, founder of Elim Gospel Church and a 1976 graduate of Elim, succeeded Jeff Clark as President. In August of 2019, Dr. Fred Antonelli was elected as the new president of Elim Bible Institute and College and installed in May of 2020.