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Nonprofit · EIN 62-0476661

TENNESSEE WESLEYAN UNIVERSITY

Tax-exempt · ATHENS, TN 37303

Financials

$38.2M$34.2M2023$38.6M$37.1M2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEE WESLEYAN UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$38,571,636$37,144,375$1,427,261$55,543,770$26,080,988$29,462,782
June 30, 2024990$38,169,336$34,150,125$4,019,211$53,797,589$26,523,704$27,273,885
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,219,743
of which government grants
$308,156
Program service revenue
$32,763,103
Investment income
$826,172
Net gain from sales of assets
$356,378
Other revenue
$762,618

Expenses

Grants and similar amounts paid
$12,852,701
Other salaries and wages
$9,742,577
Salaries, compensation and benefits (total)
$11,824,641
Professional fundraising fees
$0
Legal fees
$8,755
Accounting fees
$86,933
Travel
$621,707
Depreciation
$1,920,254
Program services (functional)
$30,732,983
Management and general (functional)
$6,084,035
Fundraising (functional)
$327,357

Balance sheet and other

Total assets, start of year
$53,797,589
Total assets, end of year
$55,543,770
Total liabilities, end of year
$26,080,988
Net assets, end of year
$29,462,782
Land, buildings and equipment
$27,195,805
Publicly traded securities
$19,620,135
Net assets without donor restrictions
$2,840,391
Net assets with donor restrictions
$26,622,391
Gross receipts
$38,872,571
Employees
419
Volunteers
0
Year formed
1857
State of legal domicile
TN

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.

NameTitleHours / weekCompensationOther / benefits
TYLER S FORRESTPRESIDENT
Officer
40$313,136$18,670
STACY J SWAFFORDASSOCATE PROFESSOR OF BUSI
Officer
40$160,939$8,690
DG WILLHITEVPAA
Officer
40$150,044$12,183
MARTHA G HARRISVP OF FINANCE
Officer
40$123,499$11,644
STEPHANIE SMALLENVP FOR INSTITUTIONAL EFFEC
Officer
40$120,398$10,529
ANNE M MONTGOMERYASSOCIATE PROFESSOR OF BUS
Officer
40$119,482$8,690
LISA D VESSERASSOCIATE PROFESSOR OF NUR
Officer
40$116,713$10,370
SCOTT A MASHBURNVP OF STUDENT LIFE
Officer
40$114,725$11,251
STEDMON D HOPKINSASSISTANT PROFESSOR OF OCC
Officer
40$113,064$10,791
MARTHA E MADDOXPROFESSOR OF BUSINESS ADMINISTRATION
Officer
40$103,659$9,827
HONORABLE JERRI S BRYANTCHANCELLOR
Trustee or director
1$0$0
NAN RILEY JENNEBOARD MEMBER
Trustee or director
1$0$0
ALLEN F CARTERVICE CHAIR
Trustee or director
1$0$0
CHRIS ADAMSBOARD MEMBER
Trustee or director
1$0$0
JEFFREY L CUNNINGHAMBOARD MEMBER
Trustee or director
1$0$0
19 more people on this return
NameTitleHours / weekCompensation
MARILYN MILLERBOARD MEMBER
Trustee or director
1$0
RANDY MULLINSBOARD MEMBER
Trustee or director
1$0
WILLIAM P WEBBBOARD MEMBER
Trustee or director
1$0
BEV LINER STANSELLBOARD MEMBER
Trustee or director
1$0
MARK WHITEBOARD MEMBER
Trustee or director
1$0
JIM WINERBOARD MEMBER
Trustee or director
1$0
PAUL G WILLSONBOARD MEMBER
Trustee or director
1$0
BROOKLYN INGRAM-NELSONBOARD REPRESENTATIVE
Trustee or director
1$0
JACK SEITZBOARD REPRESENTATIVE
Trustee or director
1$0
REV DR VANT HARDAWAYHONORARY TRUSTEE
Trustee or director
1$0
MR RICK LAYSECRETARY
Trustee or director
1$0
THE HONORABLE CARL E COLLOMSBOARD MEMBER
Trustee or director
1$0
REV CHRISTOPHER BLACKBOARD MEMBER
Trustee or director
1$0
ROBERT GOODFRIENDCHAIR
Trustee or director
1$0
SHIRLEY WOODCOCKBOARD MEMBER
Trustee or director
1$0
JASON ROBERTSONBOARD MEMBER
Trustee or director
1$0
MATTHEW PINSONBOARD MEMBER
Trustee or director
1$0
JOHN G REIDBOARD MEMBER
Trustee or director
1$0
DR CLAIRE W TUCKERBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 36 people
NameTitleHours / weekCompensationOther / benefits
TYLER S FORRESTPRESIDENT
Officer
40$310,160$5,627
MARTHA E MADDOXASSOCIATE DEAN GSB
Officer
40$140,927$9,688
DG WILLHITEVPAA
Officer
40$129,384$11,739
SCOTT A MASHBURNVP OF STUDENT LIFE
Officer
40$121,842$11,112
MARTHA G HARRISVP OF FINANCE
Officer
40$117,388$11,214
STACY J SWAFFORDASSOCATE PROFESSOR OF BUSINESS ADMINISTRATION
Officer
40$116,559$3,198
ANNE M MONTGOMERYASSOCIATE PROFESSOR OF BUSINESS ADMINISTRATION
Officer
40$110,876$8,589
STEDMON D HOPKINSASSISTANT PROFESSOR OF OCCUPATIONAL THERAPY
Officer
40$103,605$10,663
LISA D VESSERASSOCIATE PROFESSOR OF NURSING
Officer
40$103,895$10,171
STEPHANIE SMALLENVP FOR INSTITUTIONAL EFFECTIVENESS
Officer
40$96,797$10,220
HONORABLE JERRI S BRYANTCHANCELLOR
Trustee or director
1$0$0
SUSAN BUTTRAMBOARD MEMBER
Trustee or director
1$0$0
ALLEN F CARTERVICE CHAIR
Trustee or director
1$0$0
CHRIS ADAMSBOARD MEMBER
Trustee or director
1$0$0
JEFFREY L CUNNINGHAMBOARD MEMBER
Trustee or director
1$0$0
MARILYN MILLERBOARD MEMBER
Trustee or director
1$0$0
RANDY MULLINSBOARD MEMBER
Trustee or director
1$0$0
WILLIAM P WEBBBOARD MEMBER
Trustee or director
1$0$0
KEN WEBBBOARD MEMBER
Trustee or director
1$0$0
MARK WHITEBOARD MEMBER
Trustee or director
1$0$0
JIM WINERBOARD MEMBER
Trustee or director
1$0$0
PAUL G WILSONBOARD MEMBER
Trustee or director
1$0$0
ALLISON WHITEBOARD REPRESENTATIVE
Trustee or director
1$0$0
JACK SEITZBOARD REPRESENTATIVE
Trustee or director
1$0$0
KEITH ALTSHULERBOARD REPRESENTATIVE
Trustee or director
1$0$0
REV MICKEY RAINWATERDISTRICT SUPERINTENDENT
Trustee or director
1$0$0
REV DR VANT HARDAWAYHONORARY TRUSTEE
Trustee or director
1$0$0
MR RICK LAYSECRETARY
Trustee or director
1$0$0
THE HONORABLE CARL E COLLOMSBOARD MEMBER
Trustee or director
1$0$0
REV CHRISTOPHER BLACKBOARD MEMBER
Trustee or director
1$0$0
ROBERT GOODFRIENDCHAIR
Trustee or director
1$0$0
SHIRLEY WOODCOCKBOARD MEMBER
Trustee or director
1$0$0
JASON ROBERTSONBOARD MEMBER
Trustee or director
1$0$0
MATTHEW PINSONBOARD MEMBER
Trustee or director
1$0$0
JOHN G REIDBOARD MEMBER
Trustee or director
1$0$0
DR CLAIRE W TUCKERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
204 E COLLEGE ST, ATHENS, TN 37303-3604
Principal officer (990 for 2024)
GAIL HARRIS, 204 EAST COLLEGE STREET, ATHENS, TN 37303
Signed the 990
GAIL HARRIS, V.P. FOR FINANCIAL AFFAIRS
Phone
(423) 746-5208
Return prepared by
HENDERSON HUTCHERSON & MCCULLOUGH PLLC

Mission

TENNESSEE WESLEYAN UNIVERSITY SEEKS WITHIN THE FRAMEWORK OF THE JUDEO-CHRISTIAN TRADITION TO PROVIDE FOR STUDENTS THE HIGHEST QUALITY EDUCATIONAL EXPERIENCE; TO PROMOTE PERSONAL RESPONSIBILITY, INTEGRITY, AND PURPOSE; AND TO PREPARE STUDENTS FOR A LIFE OF LEADERSHIP AND SERVICE IN AN EVER-CHANGING GLOBAL COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTIONAL - ENROLLED AND EDUCATED OVER 1000 STUDENTS.
    Expenses $22,894,688 · grants $12,852,701 · revenue $33,525,721
  • ACADEMIC SUPPORT - INCLUDES THE FUNDS SPENT IN SUPPORT OF THE COLLEGE'S LIBRARY AND OTHER SIMILAR ACTIVITIES.
    Expenses $557,100
  • STUDENT SERVICES - INCLUDES THE FUNDS ASSOCIATED WITH THE SUPPORT OF THE COLLEGE'S STUDENTS ACADEMICS AND RELATED STUDENT ACTIVITIES.
    Expenses $7,281,195

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-0476661
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
1940
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B42Z)
Assets (IRS master file)
$55,543,770
Income (IRS master file)
$38,872,571

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$38,571,636$37,144,375$55,543,770IRS
990-TJune 2025–––IRS
990June 2024$38,169,336$34,150,125$53,797,589XML
990-TJune 2024–––IRS
990June 2023$36,772,295$33,912,764$49,178,861IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––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 62-0476661).

Questions about TENNESSEE WESLEYAN UNIVERSITY

What is the EIN of TENNESSEE WESLEYAN UNIVERSITY?
The employer identification number (EIN) of TENNESSEE WESLEYAN UNIVERSITY is 62-0476661.
Is TENNESSEE WESLEYAN UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1940.
Are donations to TENNESSEE WESLEYAN UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TENNESSEE WESLEYAN 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 TENNESSEE WESLEYAN 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 TENNESSEE WESLEYAN 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 TENNESSEE WESLEYAN UNIVERSITY?
The 990 for the year ended June 30, 2025 names GAIL HARRIS.
Who are the officers and directors of TENNESSEE WESLEYAN UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 34 people; 10 received compensation from the organization, the highest $313,136 (TYLER S FORREST, PRESIDENT).
How much revenue does TENNESSEE WESLEYAN UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $38,571,636, expenses of $37,144,375 and total assets of $55,543,770 at year end.

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