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EIN 56-0547498

Belmont Abbey College

IRS 501(c) type
501(c)(3)
Num. employees
612
City
Belmont
State
North Carolina
Year formed
1960
Most recent tax filings
2023-05-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
Belmont Abbey College's mission is to provide an education that will enable their students to lead lives of integrity, succeed professionally, become responsible citizens and be a blessing to themselves and others.
Total revenues
$59,979,946
2023
Total expenses
$54,875,951
2023
Total assets
$49,779,890
2023
Num. employees
612
2023

Program areas at Belmont Abbey College

Instruction - Belmont Abbey College provides education for students in the liberal arts and sciences so that in all things, god may be glorified. In this endeavor, the College is guided by the catholic intellectual tradition and the benedictine spirit of prayer and learning. Exemplifying benedictine hospitality, the College welcomes a diverse body of students and provides them with an education that will enable them to lead lives of integrity, to suceed professionally, to become responsible citizens, and to be a blessing to themselves and to others. During the 2022-2023 academic year the College enrolled approximately 1,570 students.

Who funds Belmont Abbey College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lettie Pate Whitehead FoundationFor General Scholarship Support.$220,000
Luddy Charitable FoundationSupport$200,000
Gaston Memorial Hospital FoundationOperational Support$159,321
...and 44 more grants received totalling $1,330,650

Personnel at Belmont Abbey College

NameTitleCompensation
Placid D Solari OsbChancellor$0
Cheryl TrotterVice President of Human Resources and O$137,110
Andrea TrembathVice President of Finance and Administration
Carolyn HarmonDean of Nursing$130,158
Margaret SmithMarketing Director
...and 13 more key personnel

Financials for Belmont Abbey College

RevenuesFYE 05/2023
Total grants, contributions, etc.$22,399,828
Program services$37,915,628
Investment income and dividends$365,374
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-861,386
Net income from fundraising events$-21,364
Net income from gaming activities$0
Net income from sales of inventory$60,322
Miscellaneous revenues$121,544
Total revenues$59,979,946

Form 990s for Belmont Abbey College

Fiscal year endingDate received by IRSFormPDF link
2023-052024-04-11990View PDF
2022-052023-04-13990View PDF
2021-052022-04-13990View PDF
2020-052021-04-21990View PDF
2019-052021-01-21990View PDF
...and 10 more Form 990s

Organizations like Belmont Abbey College

OrganizationLocationRevenue
University of Portland (UP)Portland, OR$239,874,421
Ursuline CollegePepper Pike, OH$39,987,397
Le Moyne CollegeSyracuse, NY$148,595,597
Chaminade University of HonoluluHonolulu, HI$78,361,559
Mount Aloysius CollegeCresson, PA$49,681,704
Marywood UniversityScranton, PA$116,155,084
Regis CollegeWeston, MA$102,931,828
Hilbert CollegeHamburg, NY$29,331,740
Ave Maria UniversityAve Maria, FL$75,533,917
Saint Francis UniversityLoretto, PA$112,838,960
Data update history
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Updated personnel
Identified 7 new personnel
May 18, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $11,238 from American Online Giving Foundation
December 31, 2023
Received grants
Identified 9 new grant, including a grant for $220,000 from Lettie Pate Whitehead Foundation
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
CatholicChristianReligiousFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
100 Belmont-Mount Holly Rd
Belmont, NC 28012
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Gaston County, NC
Website URL
belmontabbeycollege.edu/ 
Phone
(704) 461-6700
Facebook page
belmontabbey 
Twitter profile
@belmontabbey 
IRS details
EIN
56-0547498
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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