EIN 56-0543261

Montreat College

IRS 501(c) type
501(c)(3)
Num. employees
347
Year formed
1947
Most recent tax filings
2023-06-01
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
$54,006,517
2023
Total expenses
$41,975,471
2023
Total assets
$66,603,165
2023
Num. employees
347
2023

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
Samaritan's PurseMissionary Assist.$856,017
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
...and 40 more grants received totalling $3,814,715

Personnel at Montreat College

NameTitleCompensation
Paul J. MaurerChief Executive Officer / President$311,396
John BeaghanVice President for Finance and Administration$136,944
Sara BaughmanVice President for Marketing and Communications
Garrett LuckVice President for Advancement
Jose LariosVice President for Enrollment Management$120,433
...and 16 more key personnel

Financials for Montreat College

RevenuesFYE 06/2023
Total grants, contributions, etc.$22,573,699
Program services$29,079,674
Investment income and dividends$208,991
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-133,418
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,277,571
Total revenues$54,006,517

Form 990s for Montreat College

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-20990View PDF
2022-062023-05-05990View PDF
2021-062022-05-10990View PDF
2020-062021-05-11990View PDF
2019-062020-08-20990View PDF
...and 9 more Form 990s

Organizations like Montreat College

OrganizationLocationRevenue
Friends UniversityWichita, KS$45,214,355
Presbyterian CollegeClinton, SC$67,335,105
Georgetown CollegeGeorgetown, KY$66,932,324
Chaminade University of HonoluluHonolulu, HI$74,102,364
Ohio Wesleyan University (OWU)Delaware, OH$112,058,713
Wilmington CollegeWilmington, OH$37,880,480
Southern Nazarene University (SNU)Bethany, OK$62,857,791
Marywood UniversityScranton, PA$116,155,084
Le Moyne CollegeSyracuse, NY$148,595,597
Northwestern Media (UNWSP)Saint Paul, MN$124,259,575
Data update history
October 12, 2024
Updated personnel
Identified 9 new personnel
August 26, 2024
Received grants
Identified 8 new grant, including a grant for $100,000 from The Abundant Life Foundation
June 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 2 new personnel
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $93,005 from Community Foundation of Western North Carolina
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousOperates internationallyReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online 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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