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Nonprofit · EIN 59-1148710

FLORIDA METHODIST FOUNDATION INC

Tax-exempt · LAKELAND, FL 33815

Financials

$8.7M$8.6M2025
Revenue Expenses · by fiscal year end
Financials of FLORIDA METHODIST FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$8,734,178$8,601,184$132,994$270,579,992$254,167,343$16,412,649
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$85,515
Program service revenue
$6,793,785
Investment income
$1,845,439
Net gain from sales of assets
$87,962
Other revenue
$9,439

Expenses

Grants and similar amounts paid
$116,785
Compensation of officers, directors and key employees
$889,353
Other salaries and wages
$539,883
Salaries, compensation and benefits (total)
$1,580,514
Professional fundraising fees
$0
Legal fees
$63,493
Accounting fees
$73,502
Occupancy
$51,382
Travel
$46,887
Depreciation
$108,112
Program services (functional)
$8,056,703
Management and general (functional)
$544,481

Balance sheet and other

Total assets, start of year
$246,347,169
Total assets, end of year
$270,579,992
Total liabilities, end of year
$254,167,343
Net assets, end of year
$16,412,649
Land, buildings and equipment
$1,003,773
Publicly traded securities
$132,107,327
Net assets without donor restrictions
$12,530,334
Net assets with donor restrictions
$3,882,315
Gross receipts
$13,965,626
Employees
14
Volunteers
20
Year formed
1966
State of legal domicile
FL

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REV EDWARD NEWPRESIDENT & CEO
Officer
37.5$160,485$125,477
ELENA NICHOLASDIR. OF DEVELOPMENT
Officer
37.5$141,304$37,049
MARGARET COXCFO
Officer
37.5$152,655$23,447
ANDREW CRASKEVICE PRESIDENT
Officer
37.5$138,053$33,052
SMITH TAMIKACONTROLLER
Highest-paid employee
37.5$106,249$30,325
RONALD COLEMANCHAIRPERSON - THRU 6/25
Trustee or director, Officer
4.3$0$0
BRUCE FORDCHAIR(BEG 7/25),VICE CHAIR (END 6/25)
Trustee or director, Officer
4.3$0$0
KIM CLARKEVICE-CHAIR - AS OF 7/25
Trustee or director, Officer
4.3$0$0
REV DR SHERYL MARKS-WILLIAMSBOARD SECRETARY
Trustee or director, Officer
4.3$0$0
REV DR ROBERT BLEDSOEBOARD MEMBER
Trustee or director
4.3$0$0
DR AMANDA BLOUNTBOARD MEMBER
Trustee or director
4.3$0$0
REV DR MARK CALDWELLBOARD MEMBER
Trustee or director
4.3$0$0
BILL FRYEBOARD MEMBER
Trustee or director
4.3$0$0
LARRY HANNAHBOARD MEMBER
Trustee or director
4.3$0$0
JERRY HARALSONBOARD MEMBER
Trustee or director
4.3$0$0
8 more people on this return
NameTitleHours / weekCompensation
JOSEPH HURTBOARD MEMBER
Trustee or director
4.3$0
PHYLLIS KLOCKBOARD MEMBER - THRU 6/25
Trustee or director
4.3$0
REV RICHARD NUSSELLBOARD MEMBER
Trustee or director
4.3$0
JAMES PREVITEBOARD MEMBER
Trustee or director
4.3$0
EMMA RUFFINBOARD MEMBER
Trustee or director
4.3$0
BEN SIMMONSBOARD MEMBER
Trustee or director
4.3$0
CESAR VILLAFANABOARD MEMBER - THRU 1/26
Trustee or director
4.3$0
REV DR DENNIS VLASSISBOARD MEMBER
Trustee or director
4.3$0

Address and contacts

Address (IRS master file)
450 MARTIN L KING JR AVE, LAKELAND, FL 33815-1522
Principal officer (990 for 2025)
EDWARD NEW, 450 MARTIN L KING JR AVENUE, LAKELAND, FL 33815
Signed the 990
EDWARD NEW, PRESIDENT/CEO
Phone
(863) 904-2970
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE FLORIDA UNITED METHODIST FOUNDATION, INC. (FOUNDATION) IS FORMED EXCLUSIVELY FOR CHARITABLE AND RELIGIOUS PURPOSESAND TO PROMOTE AND SUPPORT THE MISSION OF THE FLORIDA ANNUAL CONFERENCE OF THE UNITEDSEE SCHEDULE O

990 for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION IS A RELATED, BUT SEPARATELY ORGANIZED, ENTITY WITH THE PURPOSE OF SERVING THE FLORIDA ANNUAL CONFERENCE (FAC) OF THE UNITED METHODIST CHURCH. ITS PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. IT SERVES AS A CHANNEL FOR PHILANTHROPIC GIVING TO LOCAL CHURCHES, AGENCIES AND INSTITUTIONS AFFILIATED WITH THE FLORIDA CONFERENCE THROUGH VARIOUS TRUST VEHICLES. IN ADDITION, FUNDS DEPOSITED WITH THE FOUNDATION MAY BE LOANED TO UNITED METHODIST CHURCHES, AGENCIES AND INSTITUTIONS PRIMARILY WITHIN THE FLORIDA CONFERENCE FOR BUILDING AND OTHER CAPITAL PROJECTS. THE NUMBER OF UNITED METHODIST CHURCHES AND OTHER AGENCIES WITH THE FAC BENEFITED IN 2025 WAS 373.
    Expenses $8,056,703 · grants $116,785 · revenue $6,793,785

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-1148710
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$270,579,992
Income (IRS master file)
$13,965,626

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990December 2024–––IRS
990December 2023$7,244,417$7,135,033$235,268,966IRS
990December 2022$5,620,375$5,851,398$262,067,515IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about FLORIDA METHODIST FOUNDATION INC

What is the EIN of FLORIDA METHODIST FOUNDATION INC?
The employer identification number (EIN) of FLORIDA METHODIST FOUNDATION INC is 59-1148710.
Is FLORIDA METHODIST FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to FLORIDA METHODIST FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FLORIDA METHODIST FOUNDATION INC 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 FLORIDA METHODIST FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FLORIDA METHODIST FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FLORIDA METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2025 names EDWARD NEW.
Who are the officers and directors of FLORIDA METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 23 people; 5 received compensation from the organization, the highest $160,485 (REV EDWARD NEW, PRESIDENT & CEO).
How much revenue does FLORIDA METHODIST FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $8,734,178, expenses of $8,601,184 and total assets of $270,579,992 at year end.

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