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Nonprofit · EIN 73-0758119

THE OKLAHOMA UNITED METHODIST FOUNDATION INC

Tax-exempt · OKLAHOMA CITY, OK 73118

Financials

$5.1M$3.9M2023$6M$4.2M2024
Revenue Expenses · by fiscal year end
Financials of THE OKLAHOMA UNITED METHODIST FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,970,261$4,223,991$1,746,270$480,116,754$436,667,218$43,449,536
December 31, 2023990$5,133,220$3,940,212$1,193,008$444,911,095$404,407,835$40,503,260
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,059,666
Program service revenue
$2,674,495
Investment income
$2,128,853
Royalties
$107,247
Net gain from sales of assets
$9,955
Other revenue
$107,247

Expenses

Grants and similar amounts paid
$1,392,116
Compensation of officers, directors and key employees
$622,771
Other salaries and wages
$890,672
Salaries, compensation and benefits (total)
$2,116,957
Professional fundraising fees
$0
Legal fees
$225
Accounting fees
$42,550
Occupancy
$78,449
Travel
$101,001
Depreciation
$76,106
Program services (functional)
$3,292,869
Management and general (functional)
$931,122

Balance sheet and other

Total assets, start of year
$444,911,095
Total assets, end of year
$480,116,754
Total liabilities, end of year
$436,667,218
Net assets, end of year
$43,449,536
Land, buildings and equipment
$1,060,355
Net assets without donor restrictions
$26,415,369
Net assets with donor restrictions
$17,034,167
Gross receipts
$6,364,952
Employees
14
Year formed
1944
State of legal domicile
OK

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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
BILLY MEADEPRESIDENT
Officer
40$261,933$51,710
DAVID BATTLESEXECUTIVE VICE-PRESIDENT
Officer
40$230,804$53,714
ALAN HERNDONDIRECTOR OF GIFT PLANNING
Highest-paid employee
40$136,002$43,423
DARRELL CATESCONFERENCE & CHURCH RELATIONS
Highest-paid employee
40$129,384$46,085
JACOB BUSSELLCONTROLLER & TREASURER
Officer
40$129,321$38,083
REV DERREK BELASEBOARD MEMBER
Trustee or director
1$0$0
BARBARA BRAUGHTBOARD CHAIRPERSON
Trustee or director, Officer
1$0$0
REV DAVID BURRISBOARD MEMBER
Trustee or director
1$0$0
REV CAROL COOK MOOREBOARD MEMBER
Trustee or director
1$0$0
ALLEN EVANSBOARD SECRETARY
Trustee or director, Officer
1$0$0
JOE HALLBOARD VICE-CHAIRPERSON
Trustee or director, Officer
1$0$0
DONALD KIMBOARD MEMBER
Trustee or director
1$0$0
LINDA LAMBERTBOARD MEMBER
Trustee or director
1$0$0
STEVE LONGBOARD MEMBER
Trustee or director
1$0$0
REV TISH MALLOYBOARD MEMBER
Trustee or director
1$0$0
7 more people on this return
NameTitleHours / weekCompensation
BISHOP LAURA MERRILLBOARD MEMBER
Trustee or director
1$0
BRIAN ROBERTSBOARD MEMBER
Trustee or director
1$0
KIRK WASHBURNBOARD MEMBER
Trustee or director
1$0
LINDA BRINKWORTHBOARD MEMBER
Trustee or director
0$0
DOUG DOWLERBOARD MEMBER
Trustee or director
0$0
DB GREENBOARD MEMBER
Trustee or director
0$0
JEFF HEDRICKBOARD MEMBER
Trustee or director
0$0
990 for the year ended December 31, 2023: 19 people
NameTitleHours / weekCompensationOther / benefits
BILLY MEADEPRESIDENT
Officer
40$251,903$51,080
DAVID BATTLESEXECUTIVE VICE-PRESIDENT
Officer
40$223,985$53,157
JOSEPH WILEYSENIOR ADVISOR
Highest-paid employee
40$125,897$136,831
ALAN HERNDONDIRECTOR OF GIFT PLANNING
Highest-paid employee
40$126,611$42,664
JACOB BUSSELLCONTROLLER & TREASURER
Officer
40$96,783$28,465
BISHOP JIMMY NUNNBOARD MEMBER
Trustee or director
1$0$0
REV TISH MALLOYBOARD MEMBER
Trustee or director
1$0$0
KIRK WASHBURNBOARD MEMBER
Trustee or director
1$0$0
BRIAN ROBERTSBOARD MEMBER
Trustee or director
1$0$0
STEVE LONGBOARD MEMBER
Trustee or director
1$0$0
REV CAROL COOK MOOREBOARD MEMBER
Trustee or director
1$0$0
ALLEN EVANSBOARD MEMBER
Trustee or director
1$0$0
REV DERREK BELASEBOARD MEMBER
Trustee or director
1$0$0
REV DAVID BURRISBOARD MEMBER
Trustee or director
1$0$0
LINDA LAMBERTBOARD MEMBER
Trustee or director
1$0$0
LESLIE LAREAUBOARD MEMBER
Trustee or director
1$0$0
JOE HALLBOARD VICE-CHAIRPERSON
Trustee or director
1$0$0
DONALD KIMBOARD MEMBER
Trustee or director
1$0$0
BARBARA BRAUGHTBOARD CHAIRPERSON
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
4201 N CLASSEN BLVD, OKLAHOMA CITY, OK 73118-2400
In care of
% BILLY MEADE
Principal officer (990 for 2024)
BILLY MEADE, 4201 N CLASSEN BLVD, Oklahoma City, OK 731182400
Signed the 990
BILLY MEADE, PRESIDENT
Phone
(405) 896-5016
990-N for 2007 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Bill Junk President, 4201 N Classen Blvd, Oklahoma City OK 73118. Mailing address: 4201 N Classen Blvd, Oklahoma City OK 73118. Website: www.okumf.org

Mission

To create and administer permanent charitable endowments to strengthen Methodist ministries in Oklahoma.

990 for the year ended December 31, 2024

Program accomplishments

  • Support for United Methodist Churches and related ministries of the Oklahoma Annual Conference of the United Methodist Church.
    Expenses $362,228 · grants $362,228
  • Provided seminary scholarships for future Oklahoma United Methodist pastors allowing them to begin their ministry career without the burden of student loan debt.
    Expenses $273,289 · grants $273,289
  • Provided $144,000 funds to the Oklahoma United Methodist Circle of Care, Inc. to support foster care ministry and Pearls Hope Transitional Living Program for single mothers. Pearls Hope provides financial, educational, and familial resources to secure and maintain housing on their own. Pearls Hope serves women who are working to improve their lives or the lives of their children after intervention by the OK Department of Human Services. Remaining funds were for general support.
    Expenses $181,208 · grants $181,208
  • Expenses $2,476,144 · grants $575,391 · revenue $2,674,495

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-0758119
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$480,116,754
Income (IRS master file)
$6,364,952

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,970,261$4,223,991$480,116,754XML
990December 2023$5,133,220$3,940,212$444,911,095XML
990December 2022$5,185,917$4,707,280$410,959,651IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2007
Officer: Bill Junk President
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2007≤ $50,000 receipts––e-Postcard

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 73-0758119).

Questions about THE OKLAHOMA UNITED METHODIST FOUNDATION INC

What is the EIN of THE OKLAHOMA UNITED METHODIST FOUNDATION INC?
The employer identification number (EIN) of THE OKLAHOMA UNITED METHODIST FOUNDATION INC is 73-0758119.
Is THE OKLAHOMA UNITED METHODIST FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to THE OKLAHOMA UNITED METHODIST FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE OKLAHOMA UNITED 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 THE OKLAHOMA UNITED METHODIST FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE OKLAHOMA UNITED METHODIST FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE OKLAHOMA UNITED METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2024 names BILLY MEADE.
Who are the officers and directors of THE OKLAHOMA UNITED METHODIST FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 22 people; 5 received compensation from the organization, the highest $261,933 (BILLY MEADE, PRESIDENT).
How much revenue does THE OKLAHOMA UNITED METHODIST FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,970,261, expenses of $4,223,991 and total assets of $480,116,754 at year end.

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