Nonprofit · EIN 43-0654854
CENTRAL METHODIST UNIVERSITY
Tax-exempt · FAYETTE, MO 65248
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $62,064,522 | $61,713,162 | $351,360 | $169,855,977 | $9,803,649 | $160,052,328 |
| June 30, 2024 | 990 | $56,259,707 | $58,239,566 | -$1,979,859 | $164,860,867 | $10,742,017 | $154,118,850 |
| June 30, 2023 | 990 | $57,521,736 | $57,820,252 | -$298,516 | $162,211,399 | $11,646,405 | $150,564,994 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,691,083
- of which government grants
- $643,008
- Program service revenue
- $52,669,790
- Investment income
- $1,290,767
- Net rental income
- $67,324
- Net gain from sales of assets
- -$2,270
- Other revenue
- $412,882
Expenses
- Grants and similar amounts paid
- $19,454,540
- Compensation of officers, directors and key employees
- $1,619,593
- Other salaries and wages
- $20,260,833
- Salaries, compensation and benefits (total)
- $26,798,954
- Professional fundraising fees
- $0
- Legal fees
- $9,063
- Accounting fees
- $110,761
- Occupancy
- $1,605,606
- Travel
- $1,765,999
- Depreciation
- $3,305,990
- Program services (functional)
- $54,970,785
- Management and general (functional)
- $5,662,390
- Fundraising (functional)
- $1,079,987
Balance sheet and other
- Total assets, start of year
- $164,860,867
- Total assets, end of year
- $169,855,977
- Total liabilities, end of year
- $9,803,649
- Net assets, end of year
- $160,052,328
- Land, buildings and equipment
- $49,104,102
- Publicly traded securities
- $63,760,338
- Net assets without donor restrictions
- $90,985,858
- Net assets with donor restrictions
- $69,066,470
- Gross unrelated business income
- $136,591
- Gross receipts
- $77,338,181
- Employees
- 894
- Volunteers
- 70
- Year formed
- 1902
- State of legal domicile
- MO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROGER DRAKE | PRESIDENT/TRUSTEE Trustee or director, Officer | 40 | $342,170 | $44,086 |
| RITA GULSTAD | VICE PRESIDENT/PROVOST Key employee | 40 | $300,032 | $25,353 |
| WILLIAM SHEEHAN | VP FOR ADVANCEMENT AND ALUMNI RELATIONS Key employee | 40 | $232,624 | $27,376 |
| STEPHANIE BRINK | DEAN OF HEALTH PROFESSIONS Key employee | 40 | $215,000 | $18,726 |
| JULEE SHERMAN | VP FOR FINANCE & ADMINISTR Officer | 40 | $202,367 | $24,437 |
| CHAD GAINES | VP FOR TECHNOLOGY AND PLANNING Key employee | 40 | $188,869 | $23,420 |
| MELISSA MACE | VP FOR ENROLLMENT Key employee | 40 | $171,700 | $14,347 |
| DAVID GORTON | ADMINISTRATOR Highest-paid employee | 40 | $169,707 | $15,083 |
| CARLENA KLUSMEYER | ADMINISTRATOR Highest-paid employee | 40 | $151,922 | $12,847 |
| SALLY HACKMAN | ADMINISTRATOR Highest-paid employee | 40 | $139,340 | $16,462 |
| DORI WAGGONER | ADMINISTRATOR Highest-paid employee | 40 | $132,356 | $17,923 |
| BRAD DIXON | VP OF STUDENT LIFE Highest-paid employee | 40 | $107,033 | $17,794 |
| JACQUE RICHMOND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID ATKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
37 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT BLANTON | TRUSTEE Trustee or director | 1 | $0 |
| MARILYN CAUL | TRUSTEE Trustee or director | 1 | $0 |
| MARK DEMPSEY | TRUSTEE Trustee or director | 1 | $0 |
| DAVID LEMKE | TRUSTEE Trustee or director | 1 | $0 |
| JIM MARCHBANK | TRUSTEE Trustee or director | 1 | $0 |
| BISHOP ROBERT FARR | TRUSTEE Trustee or director | 1 | $0 |
| TED HOUSE | TRUSTEE Trustee or director | 1 | $0 |
| JULIE PARRISH | TRUSTEE Trustee or director | 1 | $0 |
| CLAYTON SMITH | TRUSTEE Trustee or director | 1 | $0 |
| JANET JACOBS | TRUSTEE Trustee or director | 1 | $0 |
| RON KNIGGE | TRUSTEE Trustee or director | 1 | $0 |
| KIRK MEYER | TRUSTEE Trustee or director | 1 | $0 |
| TERRY HENDERSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| NANCY PEACOCK | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| CHRISTINA SHUTT | TRUSTEE Trustee or director | 1 | $0 |
| JIM MATHER | TRUSTEE Trustee or director | 1 | $0 |
| SHARON RUBEY | TRUSTEE Trustee or director | 1 | $0 |
| BRUCE ADDISON | TRUSTEE Trustee or director | 1 | $0 |
| LYNN MINER | TRUSTEE Trustee or director | 1 | $0 |
| FRANK WALLIS | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM WASHBURN | TRUSTEE Trustee or director | 1 | $0 |
| LARRY TUCKER | SECRETARY Trustee or director, Officer | 1 | $0 |
| TERRI SWAN | TRUSTEE Trustee or director | 1 | $0 |
| JAY SHELTON | TRUSTEE Trustee or director | 1 | $0 |
| JW ARNOLD | TRUSTEE Trustee or director | 1 | $0 |
| DEBORAH DODGE | TRUSTEE Trustee or director | 1 | $0 |
| IVAN JAMES III | TRUSTEE Trustee or director | 1 | $0 |
| PAULA JUST | TRUSTEE Trustee or director | 1 | $0 |
| TAD PERRY | TRUSTEE Trustee or director | 1 | $0 |
| ERIC TRELZ | TRUSTEE Trustee or director | 1 | $0 |
| SHELBY ALEXANDER | TRUSTEE Trustee or director | 1 | $0 |
| MELISSA DODD | TRUSTEE Trustee or director | 1 | $0 |
| HADLEY EDWARDS | TRUSTEE Trustee or director | 1 | $0 |
| MARK HARBISON | TRUSTEE Trustee or director | 1 | $0 |
| JAY JACOBS | TRUSTEE Trustee or director | 1 | $0 |
| JOHN ORSCHELN | TRUSTEE Trustee or director | 1 | $0 |
| KELLIE PLATZ | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 49 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROGER DRAKE | PRESIDENT/TRUSTEE Trustee or director, Officer | 40 | $334,545 | $45,357 |
| RITA GULSTAD | VICE PRESIDENT/PROVOST Key employee | 40 | $287,198 | $24,447 |
| WILLIAM SHEEHAN | VICE PRESIDENT/PROVOST Key employee | 40 | $211,883 | $25,152 |
| JULEE SHERMAN | VP FOR FINANCE & ADMINISTR Officer | 40 | $198,376 | $23,548 |
| STEPHANIE BRINK | ADMINISTRATOR Highest-paid employee | 40 | $198,293 | $14,830 |
| CHAD GAINES | VICE PRESIDENT/PROVOST Key employee | 40 | $186,552 | $22,177 |
| DAVID GORTON | ADMINISTRATOR Highest-paid employee | 40 | $177,026 | $14,363 |
| CARLENA KLUSMEYER | ADMINISTRATOR Highest-paid employee | 40 | $167,828 | $12,138 |
| SALLY HACKMAN | ADMINISTRATOR Highest-paid employee | 40 | $133,519 | $15,713 |
| JOHN FLANDERS | ADMINISTRATOR Highest-paid employee | 40 | $120,976 | $15,949 |
| JACQUE RICHMOND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID ATKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT BLANTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILYN CAUL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK DEMPSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID LEMKE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WEMI DARAMOLA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM MARCHBANK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BISHOP ROBERT FARR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TED HOUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE PARRISH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAYTON SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIM JACKMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANET JACOBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES KIMBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RON KNIGGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIRK MEYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE MISEROCCHI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA NENADAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRY HENDERSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| NANCY PEACOCK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTINA SHUTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM MATHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARON RUBEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUCE ADDISON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNN MINER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANK WALLIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RANDY WASHBURN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH YOUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LARRY TUCKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TERRI SWAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY SHELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JW ARNOLD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH DODGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IVAN JAMES III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAULA JUST | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TAD PERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC TRELZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 51 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROGER DRAKE | PRESIDENT/TRUSTEE Trustee or director, Officer | 40 | $319,212 | $43,247 |
| RITA GULSTAD | VICE PRESIDENT/PROVOST Key employee | 40 | $275,886 | $23,988 |
| JULEE SHERMAN | VP FOR FINANCE & ADMINISTR Officer | 40 | $207,500 | $23,142 |
| JOE PARISI | VICE PRESIDENT/PROVOST Key employee | 40 | $201,957 | $21,468 |
| CHAD GAINES | VICE PRESIDENT/PROVOST Key employee | 40 | $180,755 | $20,677 |
| WILLIAM SHEEHAN | VICE PRESIDENT/PROVOST Key employee | 40 | $169,306 | $21,979 |
| STEPHANIE BRINK | ADMINISTRATOR Highest-paid employee | 40 | $145,678 | $14,514 |
| SALLY HACKMAN | ADMINISTRATOR Highest-paid employee | 40 | $125,616 | $15,504 |
| JEFF SHERMAN | DIRECTOR OF ATHLETICS Highest-paid employee | 40 | $123,681 | $15,812 |
| JOHN FLANDERS | ADMINISTRATOR Highest-paid employee | 40 | $117,753 | $15,708 |
| MARYANN RUSTEMYER | ADMINISTRATOR Highest-paid employee | 40 | $117,648 | $13,996 |
| SHELBY ALEXANDER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID ATKINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BOB ANDERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT BLANTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARILYN CAUL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK DEMPSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT COURTNEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WEMI DARAMOLA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DOUG BURTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BISHOP FARR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TED HOUSE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JULIE PARRISH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAYTON SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIM JACKMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JANET JACOBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM KIMBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RON KNIGGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KIRK MEYER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MIKE MISEROCCHI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA NENADAL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRY HENDERSON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| NANCY PEACOCK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| KELLIE PLATZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JACQUE RICHMOND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NICOLE SCOTT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHARON RUBEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRUCE ADDISON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHY VIETH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRANK WALLIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RANDY WASHBURN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH YOUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LARRY TUCKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TERRI SWAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY SHELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JW ARNOLD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH DODGE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IVAN JAMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PAULA JUST | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TAD PERRY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC TRELZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 411 CENTRAL METHODIST SQ, FAYETTE, MO 65248-1104
- In care of
- % JULEE SHERMAN
- Principal officer (990 for 2024)
- JULEE SHERMAN, 411 CENTRAL SQUARE, FAYETTE, MO 65248
- Signed the 990
- JULEE SHERMAN, VP FINANCE AND ADMINISTRATION
- Phone
- (660) 248-6203
- Website
- WWW.CENTRALMETHODIST.EDU
- Return prepared by
- WILLIAMS-KEEPERS LLC
Mission
CENTRAL METHODIST UNIVERSITY FOSTERS A DIVERSE AND CARING COMMUNITY, EMPOWERING STUDENTS TO BECOME LIFELONG LEARNERS, COMMITTED TO ACADEMIC EXCELLENCE, PREPARED TO ENGAGE IN A COMPLEX WORLD.
Program accomplishments
- SCHOLARSHIP PROGRAMS AND STUDENT FINANCIAL ASSISTANCE - SCHOLARSHIPS ARE AWARDED TO OVER 90% OF FULL-TIME STUDENTSExpenses $19,454,540 · grants $19,454,540
- HIGHER EDUCATION STUDENT SERVICES FOR ACTIVITIES THAT CONTRIBUTE TO THE STUDENT EXPERIENCEExpenses $7,842,030
- HIGHER EDUCATION INSTRUCTION AND RESEARCH EXPENDITURES TO OPERATE INSTITUTION FOR OVER 3,800 STUDENTSExpenses $22,924,999 · revenue $46,069,588
- HIGHER EDUCATION AUXILIARY EXPENSES - EXPENSES FOR ROOM AND BOARD FOR OVER 600 STUDENTS LIVING ON CAMPUSExpenses $4,749,216 · revenue $6,876,493
- EDUCATIONAL DELIVERY, GENERAL/OTHER ACADEMIC SUPPORT - MISCELLANEOUS OTHER SUPPORT FOR EDUCATIONAL PROGRAMS
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 43-0654854
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1976
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $169,855,977
- Income (IRS master file)
- $77,338,181
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $62,064,522 | $61,713,162 | $169,855,977 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $56,259,707 | $58,239,566 | $164,860,867 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $57,521,736 | $57,820,252 | $162,211,399 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $63,159,586 | $58,540,825 | $157,110,392 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 43-0654854).
Questions about CENTRAL METHODIST UNIVERSITY
- What is the EIN of CENTRAL METHODIST UNIVERSITY?
- The employer identification number (EIN) of CENTRAL METHODIST UNIVERSITY is 43-0654854.
- Is CENTRAL METHODIST UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to CENTRAL METHODIST UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTRAL METHODIST UNIVERSITY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CENTRAL METHODIST UNIVERSITY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CENTRAL METHODIST UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CENTRAL METHODIST UNIVERSITY?
- The 990 for the year ended June 30, 2025 names JULEE SHERMAN.
- Who are the officers and directors of CENTRAL METHODIST UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 52 people; 12 received compensation from the organization, the highest $342,170 (ROGER DRAKE, PRESIDENT/TRUSTEE).
- How much revenue does CENTRAL METHODIST UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $62,064,522, expenses of $61,713,162 and total assets of $169,855,977 at year end.
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