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METHODIST UNIVERSITY INC

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Public IRS 990 nonprofit record

METHODIST UNIVERSITY INC

EIN 56-0657294 · Professional Societies & Associations - Education (B03)

What they do

THE PURPOSE of METHODIST UNIVERSITY is to PROVIDE AN UNDERGRADUATE and GRADUATE EDUCATION FIRMLY GROUNDED IN THE LIBERAL ARTS TRADITION, THAT NURTURES MORAL VALUES & ETHICAL DECISION-MAKING; to PROVIDE DISTINCTIVE PROFESSIONAL & GRADUATE PROGRAMS THAT COMPLEMENT THE EDUCATIONAL PURSUITS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $88.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders38 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.94%of revenue went to mission work88.5% of expenses · Program services
0.95%of revenue went to fundraising1.1% of expenses
$90.32spent for every $100 of revenueRevenue covered expenses this year.
9.43%of revenue went to management and office costs10.4% of expenses
$1.84in assets for every $1 spent this yearSome assets cannot be spent right away.
10.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $389,021 for STANLEY WEARDEN (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$91,298,028
Mission workProgram services$72,986,71579.94% of revenue88.5% of expenses
ManagementOffice and general costs$8,609,1649.43% of revenue10.4% of expenses
FundraisingAsking for donations$868,5190.95% of revenue1.1% of expenses
Revenue left after expensesReported annual surplus$8,833,6309.68% of revenueShown in gray on the chart
Total expenses$82,464,39890.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 88.5% mission · 10.4% management · 1.1% fundraisingTotal expenses: 90.32% of revenue
2023Expense mix: 88.8% mission · 10.1% management · 1.1% fundraisingTotal expenses: 94.68% of revenue
2022Expense mix: 88.8% mission · 10.0% management · 1.1% fundraisingTotal expenses: 96.96% of revenue
2021Expense mix: 89.9% mission · 9.3% management · 0.8% fundraisingTotal expenses: 83.29% of revenue
2020Expense mix: 90.7% mission · 8.5% management · 0.8% fundraisingTotal expenses: 86.40% of revenue
2019Expense mix: 89.6% mission · 9.9% management · 0.5% fundraisingTotal expenses: 102.02% of revenue
2018Expense mix: 90.1% mission · 9.5% management · 0.4% fundraisingTotal expenses: 100.69% of revenue
2017Expense mix: 90.3% mission · 9.0% management · 0.7% fundraisingTotal expenses: 99.78% of revenue

Money in and money out

Revenue$91,298,028
Expenses$82,464,398
Annual surplus $8,833,630 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$72,986,715 · 88.5% of expenses
Management and office costs$8,609,164 · 10.4% of expenses
Fundraising$868,519 · 1.1% of expenses
See all reported dollar amounts
Revenue$91,298,028
Expenses$82,464,398
Assets$151,459,933
Income$116,106,418
Contributions$9,992,946
Mission work (program services)$72,986,715
Fundraising$868,519
Management and general$8,609,164
Executive compensation (total)$3,734,224
Stocks and bonds$49,250,916
Accounting fees$88,923
Investing fees$192,122
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
STANLEY WEARDENPRESIDENT · 40 hrs/week $389,021Base $372,544 · Other $16,477
SUZANNE B MALLEYPROVOST · 40 hrs/week $263,363Base $250,264 · Other $13,099
RICHARD G SWANSONVP INST ADVANCEMENT · 40 hrs/week $228,100Base $211,679 · Other $16,421
JASON GREENECHIEF INFORMATION OFFICER · 40 hrs/week $223,292Base $205,001 · Other $18,291
SHEILA C KINSEYVP PLAN&ADMIN / CHIEF OF STAFF · 40 hrs/week $193,710Base $161,990 · Other $31,720
DAWN F AUSBORNCHIEF FINANCIAL OFFICER · 40 hrs/week $189,629Base $175,516 · Other $14,113
APRIL MARTINDIR OF PA STUDIES & ASST PROF · 40 hrs/week $162,742Base $150,523 · Other $12,219
MEREDITH P GRONSKIDEAN COLLEGE HEALTH & HUMAN SCIENCES · 40 hrs/week $156,564Base $140,955 · Other $15,609
RICKY D LOWEVP ENROLLMENT SERVICES · 40 hrs/week $152,621Base $147,246 · Other $5,375
TAT W CHANDEAN COLLEGE BUSINESS · 40 hrs/week $145,944Base $141,716 · Other $4,228
JERLINDA ROSSCHAIR & ASSOC PROF HEALTH SYSTEM SCIENCE · 40 hrs/week $145,825Base $140,789 · Other $5,036
RICHARD S LEE IVCHIEF FACILITIES OFFICER · 40 hrs/week $145,535Base $135,128 · Other $10,407

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (38)

STANLEY WEARDENPRESIDENT

SUZANNE B MALLEYPROVOST

RICHARD G SWANSONVP INST ADVANCEMENT

JASON GREENECHIEF INFORMATION OFFICER

SHEILA C KINSEYVP PLAN&ADMIN / CHIEF OF STAFF

DAWN F AUSBORNCHIEF FINANCIAL OFFICER

APRIL MARTINDIR OF PA STUDIES & ASST PROF

MEREDITH P GRONSKIDEAN COLLEGE HEALTH & HUMAN SCIENCES

RICKY D LOWEVP ENROLLMENT SERVICES

TAT W CHANDEAN COLLEGE BUSINESS

JERLINDA ROSSCHAIR & ASSOC PROF HEALTH SYSTEM SCIENCE

RICHARD S LEE IVCHIEF FACILITIES OFFICER

WILLIAM H WALKERVP STUDENT AFFAIRS

KELLI W TAYLORVP MISSION INTEGRATION

DAVID R EAVENSONVP FOR ATHLETICS

MRS JO BETH JOHNSONTRUSTEE

DR MARY LYNN BRYANTRUSTEE

THE HONORABLE JOHN W BROWNTREASURER OF THE BOARD

DR RAKESH GUPTACHAIR OF THE BOARD

DR WILLIAM SCHAEFERTRUSTEE

MR ANDREW SHUCKTRUSTEE

MR CHARLES B HOLMESTRUSTEE

MR D KEITH ALLISONTRUSTEE

MR EARL D LEAKETRUSTEE

MR ELTON STANLEYTRUSTEE

REV GILLIAM P GIL WISETRUSTEE

MS MARGARET HIGHSMITH DICKSONTRUSTEE

MR IRA M STEINGOLD ESQTRUSTEE

MRS JENNIFER CLEVELAND ELAMSECRETARY OF THE BOARD

MR WILLIAM R WEST SRTRUSTEE

MR WALSON METZGERTRUSTEE

MR TIMOTHY S RICHARDSONVICE-CHAIR OF THE BOARD

MR SCOTT W WEATHINGTONTRUSTEE

MR ROBERT HINESTRUSTEE

MR PETER M BROOMETRUSTEE

MR JOHN W JAY WYATT IIITRUSTEE

MR JOHN MAC HEALYTRUSTEE

MR J DANIEL HIGHSMITH SRTRUSTEE

About this charity

Recognized since
January 2009
Location
5400 RAMSEY ST, FAYETTEVILLE, NC 28311-1420
County
Cumberland
In care of
% DAWN AUSBORN
Primary officer
DAWN F AUSBORN, CFO

How to reach them

WebsiteVisit the charity’s website Phone(910) 630-7000

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
BDO USA
NTEE classification
Professional Societies & Associations - Education (B03)
IRS tax category
Professional Societies & Associations

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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