Nonprofit · EIN 61-0466713
KENTUCKY WESLEYAN COLLEGE
Tax-exempt · OWENSBORO, KY 42301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $38,770,643 | $36,501,258 | $2,269,385 | $65,756,508 | $16,513,630 | $49,242,878 |
| May 31, 2024 | 990 | $33,738,113 | $35,821,183 | -$2,083,070 | $66,204,925 | $19,644,020 | $46,560,905 |
| May 31, 2023 | 990 | $31,280,678 | $33,093,925 | -$1,813,247 | $65,472,341 | $20,171,526 | $45,300,815 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $4,306,167
- of which government grants
- $233,369
- Program service revenue
- $30,021,757
- Investment income
- $4,341,470
- Royalties
- $1,419
- Net rental income
- $70,148
- Net gain from sales of assets
- $3,443,295
- Net income from fundraising events
- $29,682
- Other revenue
- $101,249
Expenses
- Grants and similar amounts paid
- $15,043,088
- Compensation of officers, directors and key employees
- $1,184,429
- Other salaries and wages
- $6,760,449
- Salaries, compensation and benefits (total)
- $10,004,235
- Professional fundraising fees
- $0
- Legal fees
- $27,401
- Accounting fees
- $120,039
- Occupancy
- $1,979,753
- Travel
- $484,215
- Depreciation
- $1,413,041
- Program services (functional)
- $31,320,809
- Management and general (functional)
- $4,434,990
- Fundraising (functional)
- $745,459
Balance sheet and other
- Total assets, start of year
- $66,204,925
- Total assets, end of year
- $65,756,508
- Total liabilities, end of year
- $16,513,630
- Net assets, end of year
- $49,242,878
- Land, buildings and equipment
- $19,923,828
- Publicly traded securities
- $34,446,692
- Net assets without donor restrictions
- $8,595,626
- Net assets with donor restrictions
- $40,647,252
- Gross receipts
- $51,557,044
- Employees
- 494
- Volunteers
- 33
- Year formed
- 1858
- State of legal domicile
- KY
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM MITZEL | PRESIDENT (END 8/24)/CONSULTANT (END 12/24) Officer | 40 | $181,292 | $23,776 |
| JAMES COUSINS | V.P. AAD (END 8/24)/PRESIDENT (START 9/24) Officer | 40 | $174,797 | $23,572 |
| DAN FRAZIER | V.P. OF FINANCE (END 12/24) Officer | 40 | $162,704 | $23,189 |
| EDMOND KENNY | V.P. OF ADVANCEMENT (END 5/25) Officer | 40 | $111,167 | $21,391 |
| LINDA KELLER | DIRECTOR OF HR Highest-paid employee | 40 | $105,280 | $20,752 |
| MARK SHOOK | V.P. OF ATHLETICS (END 4/25) Officer | 40 | $94,646 | $20,811 |
| SCOTT E KRAMER | V.P. OF EXECUTIVE INITIATI Officer | 40 | $102,628 | $3,597 |
| STEPHANIE SNYDER | INTERIM V.P. OF FINANCE (START 1/25) Officer | 40 | $93,924 | $2,964 |
| MATTHEW RUARK | ASST. V.P. OF ENROLLMENT MGT Officer | 40 | $81,027 | $6,661 |
| LINDSEY CROWE | DIRECTOR OF ONLINE LEARNING Officer | 40 | $75,624 | $9,395 |
| MORGAN RUSSELBURG | V.P. OF STUDENT AFFAIRS (START 9/24) Officer | 40 | $74,159 | $2,600 |
| REBECCA MCQUEEN-RUARK | V.P. OF STUDENT SERVICES (END 6/24) Officer | 40 | $47,665 | $9,529 |
| STEPHEN GERMIC | PROVOST/SR. V.P. OF ACADEMIC AFFAIRS (END 9/24) Officer | 40 | $47,916 | $3,313 |
| SHAWN TOMES | V.P. OF MISSION AND CULTURE (END 6/24) Officer | 40 | $43,979 | $1,393 |
| FRED WRIGHT | TRUSTEE/CHAIR Trustee or director | 1 | $0 | $0 |
24 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEITH SHARBER | TRUSTEE/ VICE CHAIR Trustee or director | 1 | $0 |
| DEBORAH CARTER DEARING | TRUSTEE/SECRETARY Trustee or director | 1 | $0 |
| STEVE DEVINE | TRUSTEE/TREASURER Trustee or director | 1 | $0 |
| SHERRY M FELDPAUSCH | TRUSTEE/IMMEDIATE PAST CHA Trustee or director | 1 | $0 |
| CATHY MEEKS BISHOP | TRUSTEE Trustee or director | 1 | $0 |
| REV DALE CARDEN | TRUSTEE Trustee or director | 1 | $0 |
| DR BC CHILDRESS | TRUSTEE Trustee or director | 1 | $0 |
| NOEL CLAYTON | TRUSTEE Trustee or director | 1 | $0 |
| REV MARK DICKINSON | TRUSTEE Trustee or director | 1 | $0 |
| REV MARK GIBBONS | TRUSTEE Trustee or director | 1 | $0 |
| REV TOM GRIEB | TRUSTEE Trustee or director | 1 | $0 |
| JAMES J GRIFFIN | TRUSTEE Trustee or director | 1 | $0 |
| D TALMAGE HOCKER | TRUSTEE Trustee or director | 1 | $0 |
| JAY IVEY | TRUSTEE Trustee or director | 1 | $0 |
| THOMAS C MAJOR | TRUSTEE Trustee or director | 1 | $0 |
| MARK MARSH | TRUSTEE Trustee or director | 1 | $0 |
| DONNA MEADOR | TRUSTEE Trustee or director | 1 | $0 |
| GREG RISCH | TRUSTEE Trustee or director | 1 | $0 |
| DR CHARLES SCHERTZINGER | TRUSTEE Trustee or director | 1 | $0 |
| DR CATHERINE SHERRARD | TRUSTEE Trustee or director | 1 | $0 |
| REV JAY F SMITH | TRUSTEE Trustee or director | 1 | $0 |
| REV KEITH SWITZER | TRUSTEE Trustee or director | 1 | $0 |
| SAM TAYLOR | TRUSTEE Trustee or director | 1 | $0 |
| HEATH WILLIAMS | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended May 31, 2024: 36 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM MITZEL | PRESIDENT Officer | 40 | $245,295 | $23,773 |
| DAN FRAZIER | V.P. OF FINANCE Officer | 40 | $160,688 | $20,941 |
| JAMES COUSINS | V.P. ACADEMIC AFFAIRS DIVI Officer | 40 | $136,173 | $19,971 |
| EDDIE KENNY | V.P. OF ADVANCEMENT Officer | 40 | $109,777 | $19,165 |
| REBECCA MCQUEEN-RUARK | V.P OF STUDENT LIFE Officer | 40 | $93,716 | $18,563 |
| SCOTT E KRAMER | V.P. OF EXECUTIVE INITIATI Officer | 40 | $101,216 | $3,549 |
| MARK SHOOK | V.P. OF ATHLETICS Officer | 40 | $82,934 | $18,224 |
| STUART JONES | V.P. OF ADMISSIONS (END 07/23) Officer | 40 | $77,511 | $6,242 |
| SHAWN TOMES | V.P. OF M&C Officer | 40 | $58,358 | $1,947 |
| FRED WRIGHT | TRUSTEE/CHAIR Trustee or director | 1 | $0 | $0 |
| KEITH SHARBER | TRUSTEE/ VICE CHAIR Trustee or director | 1 | $0 | $0 |
| DEBORAH CARTER DEARING | TRUSTEE/SECRETARY Trustee or director | 1 | $0 | $0 |
| STEVE DEVINE | TRUSTEE/TREASURER Trustee or director | 1 | $0 | $0 |
| SHERRY M FELDPAUSCH | TRUSTEE/IMMEDIATE PAST CHAIR Trustee or director | 1 | $0 | $0 |
| CATHY MEEKS BISHOP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DALE CARDEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BC CHILDRESS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NOEL CLAYTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK DICKINSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA DORMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KELLY FRANK | TRUSTEE (END 09/23) Trustee or director | 1 | $0 | $0 |
| MARK GIBBONS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TOM GRIEB | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES J GRIFFIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAROLD L HALL II | TRUSTEE (END 02/24) Trustee or director | 1 | $0 | $0 |
| D TALMAGE HOCKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS C MAJOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK MARSH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA MEADOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG RISCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J CHARLES SCHERTZINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROLAND SHELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATHERINE SHERRARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY F SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH SWITZER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF WHITE | TRUSTEE/TREASURER (END 02/24) Trustee or director | 1 | $0 | $0 |
990 for the year ended May 31, 2023: 34 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TOM MITZEL | PRESIDENT Officer | 40 | $249,712 | $24,655 |
| DAN FRAZIER | V.P. OF FINANCE Officer | 40 | $154,902 | $20,730 |
| JAMES COUSINS | V.P. ACADEMIC AFFAIRS DIVISION Officer | 40 | $132,207 | $19,560 |
| EDDIE KENNY | V.P. OF ADVANCEMENT Officer | 40 | $110,604 | $18,798 |
| SCOTT E KRAMER | V.P. OF EXECUTIVE INITIATIVES Officer | 40 | $110,561 | $4,702 |
| REBECCA MCQUEEN-RUARK | V.P OF STUDENT LIFE Officer | 40 | $91,475 | $17,317 |
| MATT RUARK | V.P. OF ADMISSIONS/FINANCAL AID Officer | 40 | $97,205 | $5,183 |
| MARK SHOOK | V.P. OF ATHLETICS Officer | 40 | $82,956 | $17,617 |
| SHAWN TOMES | V.P. OF M&C Officer | 40 | $59,871 | $2,543 |
| CATHY MEEKS BISHOP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DALE CARDEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BC CHILDRESS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NOEL CLAYTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH CARTER DEARING | TRUSTEE/SECRETARY Trustee or director | 1 | $0 | $0 |
| STEVE DEVINE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA DORMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SHERRY M FELDPAUSCH | TRUSTEE/CHAIR Trustee or director | 1 | $0 | $0 |
| KELLY FRANK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARK GIBBONS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TOM GRIEB | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES J GRIFFIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HAROLD L HALL II | TRUSTEE Trustee or director | 1 | $0 | $0 |
| D TALMAGE HOCKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS C MAJOR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ELIZABETH MAUZY-MARTIN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG RISCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| J CHARLES SCHERTZINGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH SHARBER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROLAND SHELTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CATHERINE SHERRARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAY F SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH SWITZER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFF WHITE | TRUSTEE/TREASURER Trustee or director | 1 | $0 | $0 |
| FRED WRIGHT | TRUSTEE/VICE CHAIR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 FREDERICA ST, OWENSBORO, KY 42301-6057
- In care of
- % STEPHANIE L SNYDER
- Principal officer (990 for 2024)
- STEPHANIE SNYDER, 3000 FREDERICA STREET, OWENSBORO, KY 42301
- Signed the 990
- STEPHANIE SNYDER, CONTROLLER
- Phone
- (270) 852-3111
- Website
- WWW.KWC.EDU
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
FOSTER A LIBERAL ARTS EDUCATION THAT NOURISHES, STIMULATES AND PREPARES FUTURE LEADERS INTELLECTUALLY, SPIRITUALLY AND PHYSICALLY TO ACHIEVE SUCCESS IN LIFE
Program accomplishments
- KENTUCKY WESLEYAN COLLEGE, IN PARTNERSHIP WITH THE UNITED METHODIST CHURCH, PROVIDES INSTRUCTION AND RELATED ACTIVITIES TO STUDENTS BY OFFERING A QUALITY LIBERAL ARTS EDUCATION AND OPPORTUNITIES FOR PERSONAL GROWTH AND LEADERSHIP.Expenses $31,320,809 · grants $15,043,088 · revenue $30,021,757
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 61-0466713
- 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
- 1956
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $65,756,508
- Income (IRS master file)
- $51,557,044
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $38,770,643 | $36,501,258 | $65,756,508 | XML |
| 990 | May 2024 | $33,738,113 | $35,821,183 | $66,204,925 | XML |
| 990 | May 2023 | $31,280,678 | $33,093,925 | $65,472,341 | XML |
| 990-T | May 2023 | – | – | – | IRS |
| 990 | May 2022 | $34,478,846 | $31,664,599 | $66,922,709 | IRS |
| 990-T | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 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 61-0466713).
Questions about KENTUCKY WESLEYAN COLLEGE
- What is the EIN of KENTUCKY WESLEYAN COLLEGE?
- The employer identification number (EIN) of KENTUCKY WESLEYAN COLLEGE is 61-0466713.
- Is KENTUCKY WESLEYAN COLLEGE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
- Are donations to KENTUCKY WESLEYAN COLLEGE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KENTUCKY WESLEYAN 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 KENTUCKY WESLEYAN COLLEGE due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENTUCKY WESLEYAN COLLEGE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of KENTUCKY WESLEYAN COLLEGE?
- The 990 for the year ended May 31, 2025 names STEPHANIE SNYDER.
- Who are the officers and directors of KENTUCKY WESLEYAN COLLEGE?
- The 990 for the year ended May 31, 2025 lists 39 people; 14 received compensation from the organization, the highest $181,292 (TOM MITZEL, PRESIDENT (END 8/24)/CONSULTANT (END 12/24)).
- How much revenue does KENTUCKY WESLEYAN COLLEGE have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $38,770,643, expenses of $36,501,258 and total assets of $65,756,508 at year end.
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