Overview
What is Central Methodist University?
Central Methodist University is a vibrant educational institution located in Fayette, Missouri, with a strong commitment to supporting its students. With a diverse and caring community, they strive to empower students to become lifelong learners, dedicated to academic excellence, and prepared to engage with the complexities of the world. Scholarship programs and financial assistance are a significant part of their mission, with over 90% of full-time students receiving scholarships. The university fosters an inclusive environment and boasts a team of 945 employees.
Official website here: www.centralmethodist.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Central Methodist University has achieved a high score of 96% on Charity Navigator, primarily reflecting its strong performance in accountability and finance. The rating indicates that the organization is well-managed, with a clear commitment to transparency and responsible financial practices, as evidenced by its accountability score of 96.
The nonprofit's strengths include an independent board of members, with 97% of the board being independent, ensuring diverse perspectives in governance. Additionally, it has robust financial oversight mechanisms, such as a fully compliant audit and oversight committee, and no evidence of material diversion of assets. High program expense ratios further demonstrate a focus on delivering services rather than administrative costs.
While the organization shows strong financial health with a low liabilities-to-assets ratio, it remains essential for stakeholders to continually monitor its performance and ensure sustained accountability. Overall, Central Methodist University exemplifies a commitment to ethical governance and efficient use of resources in support of its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Central Methodist University legitimate?
Central Methodist University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Methodist 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,141,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,720,755
For more financial information, click here
Official website here: www.centralmethodist.edu
What is the mission statement of Central Methodist University?
Central Methodist University nurtures a diverse and compassionate learning community, inspiring students to grow into lifelong learners. Committed to academic excellence, the university empowers its students to engage with the complexities of the world, prepared for future challenges. Scholarship programs and financial assistance are available for over 90% of full-time students, ensuring access to higher education despite financial constraints. Through this supportive environment, Central Methodist University fosters intellectual growth and personal development.
Official website here: www.centralmethodist.edu
Who is the CEO of Central Methodist University?
Julee Sherman is the Trustee of Central Methodist University.
Official website here: www.centralmethodist.edu
What is the revenue of Central Methodist University?
Central Methodist University's revenue in 2022 was $63,159,586.
Official website here: www.centralmethodist.edu
Who are the executives of Central Methodist University and what are their salaries?
The average compensation at Central Methodist University during 2022 was $19,960. There are 945 employees and 75 volunteers at Central Methodist University.
Here are 48 key members and their salaries:
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- Other: $13,781
Official website here: www.centralmethodist.edu
Where can I find the form 990 for Central Methodist University?
Central Methodist University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralmethodist.edu
Learn more at the official website: www.centralmethodist.edu
Mission Statement of Central Methodist University
Central Methodist University, a vibrant academic community, is dedicated to nurturing a diverse and compassionate environment where students thrive as lifelong learners. Committed to academic excellence, the university empowers its students to engage effectively in a complex world.
The mission of Central Methodist University is multifaceted. It begins by fostering a caring and inclusive community where students feel supported in their academic pursuits. The university's commitment to this environment enables students to develop essential skills, broaden their perspectives, and prepare for a successful future.
Moreover, Central Methodist University provides substantial scholarship programs and student financial assistance. This commitment ensures that over 90% of full-time students receive scholarships, making higher education more accessible and affordable. By removing financial barriers, the university allows students to focus on their academics and fully participate in the university experience.
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Impact
October, 2024
Central Methodist University has a significant impact on the educational landscape by fostering a diverse and caring community that empowers students to become lifelong learners. Located in Fayette, MO, the university is dedicated to promoting academic excellence and preparing graduates to engage with the complexities of the modern world.
A hallmark of Central Methodist University is its commitment to accessibility, as more than 90% of full-time students receive scholarships and financial assistance. This robust support system not only alleviates the financial burden on students but also enhances their ability to focus on their studies and personal growth. Through its programs and initiatives, the university cultivates an environment where students can thrive academically and personally, thus contributing positively to society across various fields.
This information is meant to be a general summary of Central Methodist University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,190,862
- Program Service Revenue: $48,813,128
- Gross Receipts: $69,862,529
Assets and Liabilities:
- Total Assets: $157,110,392
- Total Liabilities: $10,380,375
- Net Assets: $146,730,017
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$42,036,408
RESIDENCE HALLS
Revenue
$3,320,838
DINING HALL
Revenue
$3,235,669
BOOKSTORE
Revenue
$220,213
Organization Details
Founding Year
1902
Phone
(660) 248-6203Principal Officer
Julee Sherman
Main Address
411 CENTRAL SQUARE, FAYETTE, MO, 652481104
Website
www.centralmethodist.eduNTEE Category
Code: B420 - Education
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