EIN 56-0543261

Montreat College

IRS 501(c) type
501(c)(3)
Num. employees
314
Year formed
1947
Most recent tax filings
2022-06-01
Description
Montreat College is an independent, Christ-centered, liberal arts institution that educates students through intellectual inquiry, spiritual formation, and preparation for calling and career.
Total revenues
$59,160,491
2022
Total expenses
$40,102,921
2022
Total assets
$53,134,653
2022
Num. employees
314
2022

Program areas at Montreat College

The College provides a broad, rigorous liberal arts curriculum with an emphasis on traditional and selected undergraduate and graduate professional degree programs, including degree programs for adult learners and programs at geographically distant locations. Ourstatements of mission, vision and faith have formed the following educational objectives at Montreat college.1.that students will develop an informed, biblical world view including the following:- the sovereignty of god over all creation and knowledge;- a lifestyle of christian service to others and the community;- the recognition of the intrinsic worth of self and all persons;- a genuine critical openness to the ideas and beliefs of others;- the formation of values and ethical reasoning;- an appreciation for what is beautiful, true and good in the arts and literature;-a respect for and attitude of stewardship toward the whole of creation;- an understanding of the past and its interconnectedness with the present and future.2. That students will demonstrate effective written and oral communication skills.3. That students will demonstrate critical thinking and problem-solving skills.4. That students will demonstrate essential computer information systems skills.5. That students will demonstrate competency in their academic majors.6. That students will develop interpersonal and team skills and an understanding and appreciation of their personal strengths and weaknesses.7. That students will become reflective and responsible citizens, effective leaders, and committed laity.
To provide scholarships and similar financial aidin tax year 2021, there were institutional awards to 728 students.

Who funds Montreat College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dogwood Health TrustThis Grant Will Support Montreat Colleges Carolina Cyber Center Program That Targets Low-Income, Unemployed and Underemployed Individuals Throughout Our Region.$628,001
The Generosity TrustIn Furtherance of Foundation's Purposes$357,261
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$269,441
...and 38 more grants received totalling $3,123,485

Personnel at Montreat College

NameTitleCompensation
Paul MaurerChief Executive Officer / President$264,544
John W BeaghanChief Financial Officer$0
Adam BrickerExecutive Director Carolina Cyber Center / Executive Director of Carolina Cyber CTR.$169,543
Eugene John TruschelPast Chief Financial Officer$136,870
Jack HeinenPast Administration / Vice President Finance and Chief Financial Officer / Vice President and Chief Financial Officer$121,200
...and 9 more key personnel

Financials for Montreat College

RevenuesFYE 06/2022
Total grants, contributions, etc.$28,763,176
Program services$28,375,092
Investment income and dividends$302,395
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$176,118
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,543,710
Total revenues$59,160,491

Form 990s for Montreat College

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-05990View PDF
2021-062022-05-10990View PDF
2020-062021-05-11990View PDF
2019-062020-08-20990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Montreat College

OrganizationLocationRevenue
Saint Francis UniversityLoretto, PA$112,838,960
Westminster Theological Seminary (WTS)Glenside, PA$33,728,567
Wheaton CollegeWheaton, IL$231,489,050
MidAmerica Nazarene University (MNU)Olathe, KS$63,656,687
Northwest UniversityKirkland, WA$53,966,388
John Brown University (JBU)Siloam Springs, AR$80,358,451
Millsaps CollegeJackson, MS$59,398,163
Lewis UniversityRomeoville, IL$192,384,198
Berea CollegeBerea, KY$243,070,272
Albion CollegeAlbion, MI$122,939,198
Data update history
January 1, 2024
Received grants
Identified 15 new grant, including a grant for $628,001 from Dogwood Health Trust
October 26, 2023
Received grants
Identified 30 new grant, including a grant for $553,441 from National Christian Foundation / Natl Christian Charitable FDN Inc
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 6, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousOperates internationallyReceives government fundingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
PO Box 1267
Montreat, NC 28757
Metro area
Asheville, NC
County
Buncombe County, NC
Website URL
montreat.edu/ 
Phone
(828) 669-8012
Facebook page
montreatcollege 
Twitter profile
@montreatcollege 
IRS details
EIN
56-0543261
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1947
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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