Nonprofit · EIN 56-0530242
MEREDITH COLLEGE
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $86,940,604 | $87,075,385 | -$134,781 | $228,091,942 | $54,571,376 | $173,520,566 |
| June 30, 2024 | 990 | $81,759,597 | $87,593,795 | -$5,834,198 | $219,986,295 | $56,486,135 | $163,500,160 |
| June 30, 2023 | 990 | $85,911,155 | $86,801,715 | -$890,560 | $213,016,312 | $58,277,765 | $154,738,547 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,861,784
- of which government grants
- $287,497
- Program service revenue
- $68,255,631
- Investment income
- $7,782,586
- Net gain from sales of assets
- $5,403,094
- Net income from fundraising events
- $40,603
- Other revenue
- $40,603
Expenses
- Grants and similar amounts paid
- $31,043,908
- Compensation of officers, directors and key employees
- $1,206,139
- Other salaries and wages
- $25,621,529
- Salaries, compensation and benefits (total)
- $34,656,107
- Professional fundraising fees
- $0
- Accounting fees
- $168,548
- Occupancy
- $3,405,059
- Travel
- $432,591
- Depreciation
- $2,600,359
- Program services (functional)
- $73,272,994
- Management and general (functional)
- $11,701,201
- Fundraising (functional)
- $2,101,190
Balance sheet and other
- Total assets, start of year
- $219,986,295
- Total assets, end of year
- $228,091,942
- Total liabilities, end of year
- $54,571,376
- Net assets, end of year
- $173,520,566
- Land, buildings and equipment
- $61,819,299
- Publicly traded securities
- $99,104,846
- Net assets without donor restrictions
- $26,836,303
- Net assets with donor restrictions
- $146,684,263
- Gross unrelated business income
- -$47,582
- Gross receipts
- $114,192,027
- Employees
- 1,128
- Volunteers
- 37
- Year formed
- 1891
- State of legal domicile
- NC
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 |
|---|---|---|---|---|
| DR JO ALLEN | PRESIDENT (THRU 6/30/2024) Former | 40 | $394,501 | $31,946 |
| TAMMI JACKSON | VP FOR BUS/FIN Officer | 40 | $219,431 | $20,365 |
| CHARLES BARTON | VP INST ADV Key employee | 40 | $214,067 | $11,379 |
| N JEAN JACKSON | VP COLLEGE PROGAMS Officer | 40 | $200,931 | $17,145 |
| KIMBERLY BURKE | DEAN Highest-paid employee | 40 | $195,330 | $18,975 |
| MATTHEW POSLUSNY | SENIOR VP/PROVOST (THRU 7/31/24) Key employee | 40 | $166,100 | $16,507 |
| LAURA DAVIDSON | INTERIM PROVOST (7/1/24 - 4/20/25) Key employee | 40 | $156,491 | $15,576 |
| AIMEE SAPP | PRESIDENT (BEGAN 7/1/2024) Officer | 40 | $155,271 | $12,876 |
| ELIZABETH WOLFINGER | DEAN Highest-paid employee | 40 | $155,854 | $8,543 |
| JEFF LANGENDERFER | PROFESSOR Highest-paid employee | 40 | $146,757 | $15,372 |
| BING YU | PROFESSOR Highest-paid employee | 40 | $143,871 | $15,271 |
| PAMELA GALLOWAY | ASSOC VP FOR HR Highest-paid employee | 40 | $150,031 | $8,355 |
| CHARLES A ROYAL III | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ELLA PLYLER FRANTZ | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTIE BISHOP BARBEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
34 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIZABETH TRIPLETT BEAM | TRUSTEE Trustee or director | 1 | $0 |
| DAVID F BRANCH JR | TRUSTEE Trustee or director | 1 | $0 |
| LENA EPPS BROOKER | TRUSTEE Trustee or director | 1 | $0 |
| YVETTE M BROWN | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER LEE CANIPE | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA WHISNANT CEASE | TRUSTEE Trustee or director | 1 | $0 |
| ADRIENNE HINER COLE | TRUSTEE Trustee or director | 1 | $0 |
| JOSEPHINE SMITH COOPER | TRUSTEE Trustee or director | 1 | $0 |
| WILLIAM H CROUCH JR | TRUSTEE Trustee or director | 1 | $0 |
| ANDREA OAKLEY FOX | TRUSTEE Trustee or director | 1 | $0 |
| JENA MUNTZ GALLAGHER | TRUSTEE Trustee or director | 1 | $0 |
| JAMES GAYNOR | TRUSTEE Trustee or director | 1 | $0 |
| LESLIE LANDIS HAYES | TRUSTEE Trustee or director | 1 | $0 |
| ALMA AMMONS HOFFMANN | TRUSTEE Trustee or director | 1 | $0 |
| BRENDA PARKS HUGHES | TRUSTEE Trustee or director | 1 | $0 |
| J HAYDEN JAMES III | TRUSTEE Trustee or director | 1 | $0 |
| PATRICIA ARMSTRONG JOHNSON | TRUSTEE Trustee or director | 1 | $0 |
| CAROLYN SPERRY LEITH | TRUSTEE Trustee or director | 1 | $0 |
| ANN LOWERY | TRUSTEE Trustee or director | 1 | $0 |
| JENNIFER KENNEDY MANN | TRUSTEE Trustee or director | 1 | $0 |
| HARRISON L MARSHALL JR | TRUSTEE Trustee or director | 1 | $0 |
| DEBORAH STANLEY MCNEILL | TRUSTEE Trustee or director | 1 | $0 |
| CAROL LANCASTER MILANO | TRUSTEE Trustee or director | 1 | $0 |
| QUINTALA PARHAM | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER C ROLFE | TRUSTEE Trustee or director | 1 | $0 |
| NANCY PENTECOST SISKA | TRUSTEE Trustee or director | 1 | $0 |
| CLAIRE SULLIVAN SLAUGHTER | TRUSTEE Trustee or director | 1 | $0 |
| SILDA A WALL SPITZER | TRUSTEE Trustee or director | 1 | $0 |
| CHARLES W STUBER JR | TRUSTEE Trustee or director | 1 | $0 |
| FRAN JENNINGS TETER | TRUSTEE Trustee or director | 1 | $0 |
| CAROL BOYD TILLMAN | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD A URQUHART III | TRUSTEE Trustee or director | 1 | $0 |
| DAVID L WARREN | TRUSTEE Trustee or director | 1 | $0 |
| DAVID R WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JO ALLEN | PRESIDENT Officer | 40 | $385,027 | $44,181 |
| TAMMI JACKSON | VP FOR BUS/FIN Officer | 40 | $202,998 | $18,391 |
| N JEAN JACKSON | VP COLLEGE PROGAMS Officer | 40 | $199,007 | $16,264 |
| KIMBERLY BURKE | DEAN Highest-paid employee | 40 | $190,338 | $17,080 |
| CHARLES BARTON | VP INST ADV Key employee | 40 | $196,769 | $10,419 |
| MATTHEW POSLUSNY | SENIOR VP & PROVOST Key employee | 40 | $187,511 | $16,328 |
| ELIZABETH WOLFINGER | DEAN Highest-paid employee | 40 | $153,087 | $7,778 |
| BING YU | PROFESSOR Highest-paid employee | 40 | $144,531 | $14,128 |
| JEFF LANGENDERFER | PROFESSOR Highest-paid employee | 40 | $143,423 | $14,362 |
| K EAVES MCLENNAN | VP MARKETING/COMMUNICATION Highest-paid employee | 40 | $136,879 | $14,951 |
| PAMELA GALLOWAY | DIRECTOR OF HR Highest-paid employee | 40 | $139,281 | $8,141 |
| CHARLES ROYAL | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ELLA FRANTZ | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTIE BARBEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID BRANCH JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LENA EPPS BROOKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR YVETTE BROWN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR LEE CANIPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATTY CEASE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADRIENNE COLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JO COOPER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL CROUCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREA OAKLEY FOX | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENA GALLAGHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES GAYNOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESLIE HAYES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALMA AMMONS HOFFMANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENDA HUGHES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICIA JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN LOWERY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENN MANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HARRISON MARSHALL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH STANLEY MCNEILL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL MILANO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| QUINTALA PARHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS ROLFE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY SISKA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE SLAUGHTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SILDA WALL SPITZER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHUCK STUBER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRAN TETER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA THAGARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL TILLMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD URQUHART | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR DAVID WARREN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 46 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR JO ALLEN | PRESIDENT Officer | 40 | $365,068 | $42,555 |
| N JEAN JACKSON | VP COLLEGE PROGAMS Officer | 40 | $198,378 | $16,110 |
| MATTHEW POSLUSNY | SENIOR VP & PROVOST Key employee | 40 | $198,402 | $16,078 |
| CHARLES BARTON | VP INST ADV Key employee | 40 | $200,208 | $10,419 |
| KIMBERLY BURKE | DEAN Highest-paid employee | 40 | $190,491 | $16,807 |
| TAMMI JACKSON | VP FOR BUS/FIN Officer | 40 | $182,259 | $17,076 |
| JEFFREY HOWLETT | CIO Highest-paid employee | 40 | $155,450 | $15,170 |
| ELIZABETH WOLFINGER | DEAN Highest-paid employee | 40 | $151,588 | $8,378 |
| KRISTIE OGILVIE | DEAN/PROFESSOR Highest-paid employee | 40 | $155,063 | $4,221 |
| BING YU | PROFESSOR Highest-paid employee | 40 | $140,387 | $13,785 |
| K EAVES MCLENNAN | VP MARKETING/COMMUNICATIONS Officer | 40 | $130,723 | $14,266 |
| DR YVETTE BROWN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES ROYAL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN LEITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH TRIPPLETT BEAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID BRANCH JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LENA EPPS BROOKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR LEE CANIPE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATTY CEASE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADRIENNE COLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL CROUCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREA OAKLEY FOX | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELLA FRANTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENA GALLAGHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES GAYNOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LESLIE HAYES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALMA AMMONS HOFFMANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEX HOLMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENDA HUGHES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICIA JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANN LOWERY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENN MANN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH STANLEY MCNEILL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| QUINTALA PARHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARAH PARKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LISA POOLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRIS ROLFE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE SLAUGHTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SILDA WALL SPITZER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHUCK STUBER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| FRAN TETER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA THAGARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL TILLMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD URQUHART | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DR DAVID WARREN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3800 HILLSBOROUGH ST, RALEIGH, NC 27607-5237
- Principal officer (990 for 2024)
- DR AIMEE SAPP, 3800 HILLSBOROUGH STREET, RALEIGH, NC 27607
- Signed the 990
- DR TAMMI D JACKSON, VICE PRESIDENT FOR BUSINESS & FINAN
- Phone
- (919) 760-8600
- Website
- WWW.MEREDITH.EDU
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
MEREDITH COLLEGE, GROUNDED IN THE LIBERAL ARTS AND COMMITTED TO PROFESSIONAL PREPARATION, EDUCATES AND INSPIRES STUDENTS TO LIVE WITH INTEGRITY AND PROVIDE LEADERSHIP FOR THE NEEDS, OPPORTUNITIES AND CHALLENGES OF SOCIETY.
Program accomplishments
- MEREDITH COLLEGE CHALLENGES STUDENTS TO DISCOVER WHAT MAKES THEM STRONG, BUILD ON THOSE STRENGTHS, AND PREPARE TO MAKE A POSITIVE IMPACT ON THE WORLD. WITH MORE THAN 90 MAJORS AND MINORS, OVER 30 GRADUATE AND CERTIFICATE PROGRAMS, AND STRONGPOINTS, A POWERFUL STRENGTHS-FOCUSED PERSONAL COACHING INITIATIVE, IT'S NO WONDER U.S. NEWS, THE PRINCETON REVIEW, AND NICHE HAVE ALL NAMED MEREDITH A "BEST COLLEGE."Expenses $65,030,555 · grants $31,043,908 · revenue $58,733,197
- AUXILIARY ENTERPRISES: THE COLLEGE PROVIDES A NUMBER OF SERVICES THAT SUPPORT LEARNING, BUILD COMMUNITY AND ENHANCE THE OVERALL QUALITY OF STUDENT LIFE. THESE INCLUDE, BUT ARE NOT LIMITED TO, RESIDENTIAL HOUSING, APARTMENTS, DINING, CAMPUS STORE AND MAIL SERVICES.Expenses $8,242,439 · revenue $9,522,434
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
- 56-0530242
- 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
- 1942
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B430)
- Assets (IRS master file)
- $228,091,942
- Income (IRS master file)
- $114,192,027
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $86,940,604 | $87,075,385 | $228,091,942 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $81,759,597 | $87,593,795 | $219,986,295 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $85,911,155 | $86,801,715 | $213,016,312 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $93,593,801 | $89,348,298 | $208,277,395 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 56-0530242).
Questions about MEREDITH COLLEGE
- What is the EIN of MEREDITH COLLEGE?
- The employer identification number (EIN) of MEREDITH COLLEGE is 56-0530242.
- Is MEREDITH COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to MEREDITH COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEREDITH COLLEGE 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 MEREDITH COLLEGE 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 MEREDITH COLLEGE 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 MEREDITH COLLEGE?
- The 990 for the year ended June 30, 2025 names DR AIMEE SAPP.
- Who are the officers and directors of MEREDITH COLLEGE?
- The 990 for the year ended June 30, 2025 lists 49 people; 12 received compensation from the organization, the highest $394,501 (DR JO ALLEN, PRESIDENT (THRU 6/30/2024)).
- How much revenue does MEREDITH COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $86,940,604, expenses of $87,075,385 and total assets of $228,091,942 at year end.
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- NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC EIN 56-6049503 · last filed 990 for 2025
- NORTH CAROLINA PARTNERSHIP FOR CHILDREN INC EIN 56-1850485 · last filed 990 for 2025
- THALES ACADEMY EIN 20-8920342 · last filed 990 for 2025
- NC STUDENT AID ASSOCIATION INC EIN 56-0650623 · last filed 990 for 2025
- RAVENSCROFT SCHOOL INC EIN 56-6001583 · last filed 990 for 2025
- NC STATE ENGINEERING FOUNDATION INC EIN 56-6046987 · last filed 990 for 2025
- SHAW UNIVERSITY EIN 56-0530235 · last filed 990 for 2025