Overview
What is Spartanburg Methodist College?
Spartanburg Methodist College, a private, church-related institution located at 1750 Powell Mill Road, Spartanburg, SC 29301, offers higher education to around 1000 students in the liberal arts tradition. The campus, rooted in the United Methodist connection, is dedicated to academic excellence, intellectual exploration, social awareness, and character development. Students at SMC have the opportunity to pursue associate and baccalaureate degrees and transfer to a senior college or enter the workforce upon graduation. The curriculum encompasses traditional liberal arts and career-focused options. The College provides a supportive learning environment, with a competent faculty, financial assistance, work-study positions, and special programs to cater to diverse student needs. SMC aims to be the college of choice, fostering community, respecting individuality, and encouraging students to reach their full potential.
Official website here: www.smcsc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Spartanburg Methodist College has received an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization scored a perfect 100% for its majority independent board members and has demonstrated transparency in its financial practices, which is evident from its comprehensive audit and oversight measures.
With a program expense ratio of 78.72%, the college allocates a substantial portion of its resources to its programs, reflecting its dedication to fulfilling its mission. The absence of any material diversion of assets further reinforces the organization's integrity and responsible management of funds.
However, while the scores indicate robust financial health and governance practices, no specific user feedback or testimonials have been provided to gauge the overall impact of the college's programs on its community. Nonetheless, the high accountability rating is a positive sign for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Spartanburg Methodist College legitimate?
Spartanburg Methodist College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Spartanburg Methodist College 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: $1,433,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,773,022
For more financial information, click here
Official website here: www.smcsc.edu
What is the mission statement of Spartanburg Methodist College?
Spartanburg Methodist College is dedicated to providing a values-oriented and student-centered education within the Christian tradition. This private institution offers associate and baccalaureate degrees, encouraging academic excellence and intellectual exploration for residential and commuting students. The college aims to prepare students for further study at a senior college or for entering the workforce by offering a range of academic programs, leadership opportunities, and athletics. Students are respected as individuals with unique needs and encouraged to reach their full potential in an environment of community and caring. The college offers various support programs, financial assistance, and distance learning options to ensure access to higher education for a wide variety of students.
Official website here: www.smcsc.edu
Who is the CEO of Spartanburg Methodist College?
Scott Cochran is the Principal Officer of Spartanburg Methodist College.
Official website here: www.smcsc.edu
What is the revenue of Spartanburg Methodist College?
Spartanburg Methodist College's revenue in 2023 was $26,405,067.
Official website here: www.smcsc.edu
Who are the executives of Spartanburg Methodist College and what are their salaries?
The average compensation at Spartanburg Methodist College during 2023 was $29,756. There are 343 employees and 63 volunteers at Spartanburg Methodist College.
Here are 30 key members and their salaries:
- Compensation: $256,090
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- Other: $28,089
- Compensation: $161,550
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- Other: $11,341
- Compensation: $120,290
- Related: $0
- Other: $20,292
- Compensation: $120,215
- Related: $0
- Other: $10,395
- Compensation: $126,000
- Related: $0
- Other: $1,575
- Compensation: $97,957
- Related: $0
- Other: $20,665
- Compensation: $105,191
- Related: $0
- Other: $13,368
- Compensation: $78,793
- Related: $0
- Other: $26,351
- Compensation: $81,459
- Related: $0
- Other: $8,965
- Compensation: $78,559
- Related: $0
- Other: $3,913
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Official website here: www.smcsc.edu
Where can I find the form 990 for Spartanburg Methodist College?
Spartanburg Methodist College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.smcsc.edu
Learn more at the official website: www.smcsc.edu
Mission Statement of Spartanburg Methodist College
Spartanburg Methodist College, a private residential institution, is dedicated to providing students with associate and baccalaureate degrees within the United Methodist Connection. The institution's mission is to offer a values-oriented education in a student-centered atmosphere that encourages academic excellence, intellectual exploration, social awareness, and character development within the liberal arts tradition.
At Spartanburg Methodist College, the academic program is designed to cater to a diverse range of students. Students have the flexibility to transfer to a four-year college or university for continued study or enter the workforce upon graduation. The curriculum covers both the basic liberal arts and transfer program as well as career track and baccalaureate degree options. With a competent and dedicated faculty, distance learning options, financial assistance, work-study positions, and special support programs, the college provides opportunities for higher education to motivated students.
Spartanburg Methodist College strives to be the college of choice for residential and commuting students seeking the advantages of a church-related organization. In an environment of community and caring, the college respects each student as an individual with unique needs and encourages them to reach their fullest potential. Through relevant and challenging academic programs, campus leadership opportunities, and strong athletic programs, Spartanburg Methodist College aims to prepare students for the senior college experience and lifelong learning.
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Impact
October, 2024
Spartanburg Methodist College (SMC) significantly impacts higher education by offering a transformative learning environment that emphasizes both academic excellence and character development. With a commitment to a values-oriented and student-centered atmosphere rooted in the Christian tradition, SMC prepares approximately 1,000 students for future success in their academic and professional endeavors.
The college provides a diverse range of associate and baccalaureate degree programs, ensuring that students have the flexibility to either continue their education at a four-year institution or enter the workforce directly after graduation. The rigorous liberal arts curriculum not only develops critical thinking and intellectual exploration but also instills a strong sense of social awareness, fostering well-rounded individuals ready to contribute positively to society.
Through individualized support such as dedicated faculty, financial assistance, work-study opportunities, and special programs, SMC empowers students from various backgrounds to access higher education. Its commitment to community and care creates an immersive educational experience where each student is recognized as an individual, encouraging them to reach their fullest potential. SMC’s holistic approach to education not only equips students with the necessary skills for their careers but also inspires a lifelong passion for learning and personal growth.
This information is meant to be a general summary of Spartanburg Methodist College. 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 2023.
- Investment Income: $456,173
- Program Service Revenue: $22,837,511
- Gross Receipts: $26,623,269
Assets and Liabilities:
- Total Assets: $55,722,776
- Total Liabilities: $8,756,549
- Net Assets: $46,966,227
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$17,853,765
Auxiliary
Revenue
$4,861,428
Transcripts
Revenue
$7,987
Organization Details
Founding Year
1911
Phone
(864) 587-4259Principal Officer
Scott Cochran
Main Address
1750 Powell Mill Road, Spartanburg, SC, 29301
Website
www.smcsc.eduNTEE Category
Code: B410 - Education
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