Nonprofit · EIN 56-0543261
MONTREAT COLLEGE
Tax-exempt · MONTREAT, NC 28757
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $42,925,388 | $43,796,854 | -$871,466 | $75,120,046 | $10,326,830 | $64,793,216 |
| June 30, 2024 | 990 | $50,474,167 | $40,105,166 | $10,369,001 | $76,510,444 | $14,105,506 | $62,404,938 |
| June 30, 2023 | 990 | $54,006,517 | $41,975,471 | $12,031,046 | $66,603,165 | $11,812,939 | $54,790,226 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $7,709,897
- of which government grants
- $1,982,924
- Program service revenue
- $33,793,017
- Investment income
- $606,992
- Net gain from sales of assets
- -$1,517,239
- Other revenue
- $815,482
Expenses
- Grants and similar amounts paid
- $13,972,372
- Compensation of officers, directors and key employees
- $602,231
- Other salaries and wages
- $11,416,664
- Salaries, compensation and benefits (total)
- $14,814,223
- Professional fundraising fees
- $0
- Legal fees
- $202,670
- Occupancy
- $758,229
- Travel
- $787,555
- Depreciation
- $1,557,552
- Program services (functional)
- $37,985,417
- Management and general (functional)
- $4,844,694
- Fundraising (functional)
- $966,743
Balance sheet and other
- Total assets, start of year
- $76,510,444
- Total assets, end of year
- $75,120,046
- Total liabilities, end of year
- $10,326,830
- Net assets, end of year
- $64,793,216
- Land, buildings and equipment
- $19,905,999
- Publicly traded securities
- $2,240,493
- Net assets without donor restrictions
- $10,714,189
- Net assets with donor restrictions
- $54,079,027
- Gross receipts
- $44,467,919
- Employees
- 331
- Volunteers
- 60
- Year formed
- 1947
- 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 |
|---|---|---|---|---|
| PAUL MAURER | CEO Officer | 50 | $323,087 | $22,168 |
| JOSE LARIOS | VP ATHLETICS Highest-paid employee | 40 | $190,000 | $21,848 |
| JOHN BEAGHAN | CFO Officer | 40 | $187,492 | $21,457 |
| ANDREW KEITH | VP ADULT AND GRADUATE STUDIES Highest-paid employee | 40 | $185,000 | $15,948 |
| MARK HIJLEH | PROVOST AND VP FOR ACADEMIC AFFAIRS Highest-paid employee | 40 | $180,000 | $12,997 |
| DANIEL BENNETT | VP FOR STUDENT LIFE Highest-paid employee | 40 | $129,900 | $15,948 |
| GARRETT LUCK | VP FOR ADVANCEMENT Highest-paid employee | 40 | $132,884 | $7,987 |
| JEFF HECK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROGER OXENDALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK TOONE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROGER JAMES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE DAVIDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE EFIRD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LE ERWIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE GANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD GRAHAM | TRUSTEE Trustee or director | 1 | $0 |
| TYLER JOHNSON | TRUSTEE Trustee or director | 1 | $0 |
| NED KISER | TRUSTEE Trustee or director | 1 | $0 |
| PHILIP KOSNETT | TRUSTEE Trustee or director | 1 | $0 |
| GEORGE LOGAN | TRUSTEE Trustee or director | 1 | $0 |
| STEVE MCCAY | TRUSTEE Trustee or director | 1 | $0 |
| RICHARD MILAM | TRUSTEE Trustee or director | 1 | $0 |
| JIM MOORE | TRUSTEE Trustee or director | 1 | $0 |
| BILL SHIPLEY | TRUSTEE Trustee or director | 1 | $0 |
| ED SKOUDIS | TRUSTEE Trustee or director | 1 | $0 |
| SUZANNE SLOAN | TRUSTEE Trustee or director | 1 | $0 |
| DAVID SWANSON | TRUSTEE Trustee or director | 1 | $0 |
| LYNNE VEERMAN | TRUSTEE Trustee or director | 1 | $0 |
| YASSER YOUSSEF | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL MAURER | CEO Officer | 50 | $313,144 | $22,144 |
| JOSE LARIOS | VP FOR ENROLLMENT MANAGEMENT AND ATHLETICS Highest-paid employee | 40 | $171,955 | $21,824 |
| JOHN BEAGHAN | CFO Officer | 50 | $173,761 | $16,141 |
| MARK HIJLEH | PROVOST AND VP FOR ACADEMIC AFFAIRS Highest-paid employee | 40 | $150,439 | $21,727 |
| JAMES CLARK | DIRECTOR OF CYBERSECURITY TECHNOLOGY Highest-paid employee | 40 | $149,338 | $792 |
| GARRETT LUCK | VP FOR ADVANCEMENT Highest-paid employee | 40 | $127,699 | $21,614 |
| RHONDA DEVAN | ASSISTANT VP FOR FINANCE & ADMINISTRATION Highest-paid employee | 40 | $130,863 | $13,237 |
| JEFF HECK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROGER OXENDALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK TOONE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BRUCE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE DAVIDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE EFIRD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LE ERWIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE GANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EDWARD GRAHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TYLER JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NED KISER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIP KOSNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE LOGAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEVE MCCAY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD MILAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM MOORE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL SHIPLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ED SKOUDIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUZANNE SLOAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID SWANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNNE VEERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| YASSER YOUSSEF | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL MAURER | CEO Officer | 50 | $311,396 | $58,089 |
| DAVID POOLE | CHIEF ACADEMIC OFFICER FOR Highest-paid employee | 40 | $155,258 | $21,733 |
| MARK HIJLEH | VP FOR ACADEMIC AFFAIRS Highest-paid employee | 40 | $145,891 | $21,710 |
| JOHN BEAGHAN | CFO Officer | 50 | $136,944 | $12,083 |
| JOSE LARIOS | VP FOR ENROLLMENT & ATHLET Highest-paid employee | 40 | $120,433 | $19,980 |
| JEFF HECK | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| ROGER OXENDALE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MARK TOONE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TYLER JOHNSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NED KISER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID BRUCE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLAIRE EFIRD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EDWARD GRAHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LE ERWIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL SHIPLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHARLIE DAVIDSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYNNE VEERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RICHARD MILAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JIM MOORE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNE GANT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PHILIP KOSNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GEORGE LOGAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SUZANNE SLOAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID SWANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ED SKOUDIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1267, MONTREAT, NC 28757-0016
- Principal officer (990 for 2024)
- PAUL MAURER, PO BOX 1267, MONTREAT, NC 287570121
- Signed the 990
- JOHN W BEAGHAN, CFO
- Phone
- (828) 669-8012
- Website
- WWW.MONTREAT.EDU
- Return prepared by
- SIKICH LLC
Mission
MONTREAT COLLEGE IS AN INDEPENDENT, CHRIST-CENTERED, LIBERAL ARTS INSTITUTION THAT EDUCATES STUDENTS THROUGH INTELLECTUAL INQUIRY, SPIRITUAL FORMATION, AND PREPARATION FOR CALLING AND CAREER.
Program accomplishments
- 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.Expenses $24,013,045 · revenue $34,608,499
- TO PROVIDE SCHOLARSHIPS AND SIMILAR FINANCIAL AID - IN FISCAL YEAR 2025, THERE WERE INSTITUTIONAL AWARDS TO 734 STUDENTS.Expenses $13,972,372 · grants $13,972,372
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
- 56-0543261
- 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
- 1947
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B42Z)
- Assets (IRS master file)
- $75,120,046
- Income (IRS master file)
- $44,467,919
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $42,925,388 | $43,796,854 | $75,120,046 | IRS |
| 990 | June 2024 | $50,474,167 | $40,105,166 | $76,510,444 | IRS |
| 990 | June 2023 | $54,006,517 | $41,975,471 | $66,603,165 | XML |
| 990 | June 2022 | $59,160,491 | $40,102,921 | $53,134,653 | IRS |
| 990 | 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 56-0543261).
Questions about MONTREAT COLLEGE
- What is the EIN of MONTREAT COLLEGE?
- The employer identification number (EIN) of MONTREAT COLLEGE is 56-0543261.
- Is MONTREAT COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1947.
- Are donations to MONTREAT COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTREAT 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 MONTREAT 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 MONTREAT 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 MONTREAT COLLEGE?
- The 990 for the year ended June 30, 2025 names PAUL MAURER.
- Who are the officers and directors of MONTREAT COLLEGE?
- The 990 for the year ended June 30, 2025 lists 29 people; 7 received compensation from the organization, the highest $323,087 (PAUL MAURER, CEO).
- How much revenue does MONTREAT COLLEGE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $42,925,388, expenses of $43,796,854 and total assets of $75,120,046 at year end.
Other nonprofits in MONTREAT
- LADAKH DEVELOPMENT FOUNDATION EIN 20-5666750 · last filed 990-N for 2025
- MONTREAT COLLEGE FOUNDATION INC EIN 56-1324199 · last filed 990 for 2025
- BOYD-GLENN FOUNDATION INC EIN 56-1855689 · last filed 990-PF for 2025
- WILLIAM BLACK LODGE EIN 56-6012462 · last filed 990 for 2024
- PRESBYTERIAN HERITAGE CENTER EIN 56-2462726 · last filed 990 for 2024
- THE SOUTH CAROLINA INN AT MONTREAT EIN 57-0555506 · last filed 990 for 2024
- PEG PARTNERS INC EIN 03-0549950 · last filed 990-EZ for 2024
- MONTREAT CONFERENCE CENTER DEVELOPMENT FOUNDATION INC EIN 56-2151021 · last filed 990 for 2025