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Bethune-Cookman University

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

EIN: 590704726 ✦ Daytona beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bethune-Cookman University?

Bethune-Cookman University, located at 640 Dr. Mary McLeod Bethune Boulevard in Daytona Beach, Florida (ZIP code 32114), is a nonprofit institution dedicated to serving the educational, social, and cultural needs of its students. The university offers undergraduate degrees in 37 major areas across six divisions: School of Business, Education, Liberal Arts, Health Sciences, Science/Mathematics, and Social Sciences. Additionally, they provide three master's degree programs. The mission of Bethune-Cookman University is to cultivate responsible, productive citizens and problem solvers through the promotion of faith, scholarship, creative pursuits, leadership, and community service. The institution employs a total workforce of 864 people.


Official website here: www.cookman.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)

Bethune-Cookman University has achieved a Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. This high score underscores the organization's commitment to maintaining transparency and responsible financial management, particularly as it is based entirely on its Accountability & Finance beacon.

The organization boasts a fully independent board, comprising ten members, which is a strong indicator of good governance. It has also implemented robust financial oversight measures, including an Audit and Oversight Committee, and has no reported issues with asset diversion. Furthermore, the organization's financial practices, such as a program expense ratio of 83.47%, demonstrate a significant commitment to directing funds toward its mission.

While the data does not reveal specific limitations, the absence of concerns regarding governance and financial management speaks to the overall health of the organization. Overall, Bethune-Cookman University is positioned as a responsible and transparent nonprofit, with strong governance practices and a focus on its educational mission.


This AI summary has been generated from information found on Charity Navigator.

Is Bethune-Cookman University legitimate?

Bethune-Cookman University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethune-Cookman 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: $2,826,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,942,697

For more financial information, click here


Official website here: www.cookman.edu

What is the mission statement of Bethune-Cookman University?

Bethune-Cookman University's mission is geared towards addressing the educational, social, and cultural requirements of its student body. The institution strives to produce responsible, productive citizens and problem solvers by promoting faith, scholarship, creative pursuits, leadership, and service. With a diverse range of undergraduate programs in 37 major areas spread across six divisions, including Business, Education, Liberal Arts, Health Sciences, Science/Mathematics, and Social Sciences, students receive a well-rounded education that prepares them for various careers. Additionally, Bethune-Cookman University offers three master's degree programs, further expanding the opportunities for students to advance their knowledge and skills.


Official website here: www.cookman.edu

What is the revenue of Bethune-Cookman University?

Bethune-Cookman University's revenue in 2023 was $102,222,024.


Official website here: www.cookman.edu

Who are the executives of Bethune-Cookman University and what are their salaries?

The average compensation at Bethune-Cookman University during 2023 was $34,171. There are 959 employees and 2 volunteers at Bethune-Cookman University.

Here are 22 key members and their salaries:


Belvin Perry Jr Esquire (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyours Pete Gamble (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennier Adams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey E Branch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deveron Gibbons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Brewer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorenzo Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Crossman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Rhodes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr William Berry (Acting President/Sr. Vp (Beg. 05/23))
  • Compensation: $226,627
  • Related: $0
  • Other: $132
Reginald Theus (Athletics Director/Head Basketball Coach)
  • Compensation: $400,000
  • Related: $0
  • Other: $0
Anthony Jones (Vp Of Enrollment Management)
  • Compensation: $210,000
  • Related: $0
  • Other: $13,357
Terry E Sims (Head Football Coach)
  • Compensation: $206,627
  • Related: $0
  • Other: $11,217
Narendra H Patel (Senior Advisor To The President)
  • Compensation: $186,127
  • Related: $0
  • Other: $13,278
Donovan V Wells (Band Director)
  • Compensation: $181,627
  • Related: $0
  • Other: $19,919
Valencia Gallon-Stubbs (General Counsel)
  • Compensation: $171,627
  • Related: $0
  • Other: $9,935
Herbert Thompson (Dean)
  • Compensation: $156,627
  • Related: $0
  • Other: $21,338
Dr Hiram C Powell (President (End 06/22))
  • Compensation: $327,190
  • Related: $0
  • Other: $22,379
John Pittman (Cfo/Vp Business Affairs (End 07/22))
  • Compensation: $221,627
  • Related: $0
  • Other: $0
Lawrence Drake (Acting President (End 05/23))
  • Compensation: $173,385
  • Related: $0
  • Other: $0
Franklin E Patterson (Vp Of It (End 06/22))
  • Compensation: $221,319
  • Related: $0
  • Other: $5,293


Official website here: www.cookman.edu

Where can I find the form 990 for Bethune-Cookman University?

Bethune-Cookman University's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cookman.edu

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

Mission Statement of Bethune-Cookman University

Bethune-Cookman University, a respected institution dedicated to education, addresses the needs of its diverse student body by fostering their development into responsible, productive citizens and problem solvers. This mission is accomplished through the promotion of faith, scholarship, creative pursuits, leadership, and service.

Established with a commitment to serve, Bethune-Cookman University provides undergraduate education in 37 major areas across six major divisions: School of Business, Education, Liberal Arts, Health Sciences, Science/Mathematics, and Social Sciences. Additionally, the university offers three master's degree programs. By offering a diverse range of academic programs, Bethune-Cookman University empowers its students with the knowledge and skills necessary to make a positive impact on their communities and the world.

Bethune-Cookman University's mission extends beyond the classroom. It fosters a learning environment that nurtures students' growth in faith, intellectually and socially. Students are encouraged to engage in creative endeavors, develop leadership skills, and commit to community service – all essential components of becoming well-rounded, responsible individuals. Through its dedication to these core values, Bethune-Cookman University prepares its students to make a difference in their chosen fields and in the world.

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Impact




October, 2024

Bethune-Cookman University plays a vital role in addressing the educational, social, and cultural needs of its diverse student body. By offering Bachelor of Arts and Bachelor of Science degrees across 37 majors through six major divisions, including Business, Education, Liberal Arts, Health Sciences, Science/Mathematics, and Social Sciences, the university equips students with the knowledge and skills necessary to excel in various fields.

Additionally, the university’s commitment to education extends to graduate studies, offering three master’s degree programs that further enhance academic and professional opportunities for its students. With a mission centered on nurturing responsible and productive citizens, Bethune-Cookman University emphasizes faith, scholarship, creative endeavors, leadership, and service, fostering an environment where students are encouraged to develop not only academically but also personally and socially.

Located in Daytona Beach, Florida, the university is dedicated to promoting an inclusive learning community that empowers individuals to become solution-seekers in today's complex society. Through its programs and initiatives, Bethune-Cookman University significantly contributes to the development of informed and engaged citizens who can positively impact their communities and beyond.




This information is meant to be a general summary of Bethune-Cookman 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.

Revenue
$102,222,024 (2023)
Expenses
$102,226,385 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $610,154
  • Program Service Revenue: $65,797,637
  • Gross Receipts: $102,222,024

Assets and Liabilities:

  • Total Assets: $228,821,796
  • Total Liabilities: $101,388,414
  • Net Assets: $127,433,382

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Programs

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

TUITION & FEES

Revenue

$38,207,280

AUXILIARY ENTERPRISES

Revenue

$25,169,265

OTHER PROGRAM SERVICE REVENUE

Revenue

$2,421,092

Organization Details

Founding Year

1904

Principal Officer

Dr William Berry

NTEE Category

Code: B420 - Education

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