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Nonprofit · EIN 56-0686603

NORTH CAROLINA WESLEYAN UNIVERSITY

Tax-exempt · ROCKY MOUNT, NC 27804

Financials

$47.5M$52.5M2022$47.4M$50.5M2023$48.5M$52.3M2024
Revenue Expenses · by fiscal year end
Financials of NORTH CAROLINA WESLEYAN UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$48,471,791$52,315,614-$3,843,823$65,927,699$26,711,669$39,216,030
May 31, 2024990$47,392,754$50,472,431-$3,079,677$66,064,047$23,466,725$42,597,322
May 31, 2023990$47,525,427$52,498,420-$4,972,993$60,676,201$16,130,497$44,545,704
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$3,990,255
of which government grants
$463,815
Program service revenue
$43,524,665
Investment income
$632,528
Net rental income
$111,452
Net gain from sales of assets
$159,402
Net income from fundraising events
$17,593
Other revenue
$324,343

Expenses

Grants and similar amounts paid
$19,550,712
Compensation of officers, directors and key employees
$909,785
Other salaries and wages
$11,085,714
Salaries, compensation and benefits (total)
$15,703,824
Professional fundraising fees
$0
Legal fees
$15,299
Accounting fees
$101,209
Occupancy
$3,881,393
Travel
$519,334
Depreciation
$2,057,898
Program services (functional)
$45,141,431
Management and general (functional)
$6,766,536
Fundraising (functional)
$407,647

Balance sheet and other

Total assets, start of year
$66,064,047
Total assets, end of year
$65,927,699
Total liabilities, end of year
$26,711,669
Net assets, end of year
$39,216,030
Land, buildings and equipment
$41,768,468
Publicly traded securities
$11,805,309
Net assets without donor restrictions
$25,110,723
Net assets with donor restrictions
$14,105,307
Gross unrelated business income
$306,750
Gross receipts
$48,483,362
Employees
648
Volunteers
62
Year formed
1956
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MR EVAN D DUFFPRESIDENT
Officer
40$300,211$35,225
MR JOSEPH H LANE JRPROVOST AND SVP OF ACADEMI
Officer
40$168,261$30,005
MS SUZANNE P BRACKETTSVP-ADMINISTRATION
Officer
40$155,500$17,278
MR JOHN M THOMPSONHEAD MEN'S BASKETBALL COAC
Highest-paid employee
40$119,465$26,419
MR MARK H HINSONVP OF ADVANCEMENT
Officer
40$118,464$15,342
MS CRYSTAL P OSTHEIMDIRECTOR OF NURSING & INITIATIVES
Highest-paid employee
40$116,700$16,653
MR AARON V DENTONVP OF ATHLETICS
Officer
40$123,738$8,416
MS KATIE M FARRELLDEAN OF ADULT AND PROFESSIONAL STUDIES
Highest-paid employee
40$104,800$24,614
MR JEFFREY W SEARSDIRECTOR OF CAMPUS SAFETY
Highest-paid employee
40$103,624$19,131
MR MEIR MAGALPROFESSOR - EXERCISE SCIENCE
Highest-paid employee
40$108,313$13,210
MS CYNTHIA W EDWARDSCHIEF ENGAGEMENT OFFICER
Officer
40$69,177$12,132
MR OSCAR A RODRIGUEZDEAN OF TRADITIONAL ENROLLMENT
Officer
40$15,022$698
MR PAUL A BAUERCHARIMAN
Trustee or director
5$0$0
MR JOE SHEARINVICE CHAIRMAN
Trustee or director
5$0$0
DR DANIEL L CROCKERPAST CHAIRMAN
Trustee or director
5$0$0
19 more people on this return
NameTitleHours / weekCompensation
MR JOHN A TURNAGESECRETARY
Trustee or director
5$0
MR MARION BARNESTRUSTEE
Trustee or director
5$0
MR VERNON T BRADLEY JRTRUSTEE
Trustee or director
5$0
MR ARNOLD GORDON-BRAYTRUSTEE
Trustee or director
5$0
MR DAN L BELLTRUSTEE
Trustee or director
5$0
MR HARRY BYNUMTRUSTEE
Trustee or director
5$0
MS BETH MURPHYTRUSTEE
Trustee or director
5$0
MS JANICE BRYANT HOWROYDTRUSTEE
Trustee or director
5$0
MR KEVIN JONESTRUSTEE
Trustee or director
5$0
MR TW KINGTRUSTEE
Trustee or director
5$0
MR JEROME MATRUSTEE
Trustee or director
5$0
MR BAXTER MYERSTRUSTEE
Trustee or director
5$0
MR LLOYD NELSONTRUSTEE
Trustee or director
5$0
DR LAWANDA PEACETRUSTEE
Trustee or director
5$0
MS TERRI SHARPETRUSTEE
Trustee or director
5$0
MR WAYNE SOUSATRUSTEE
Trustee or director
5$0
MR ROGER TAYLORTRUSTEE
Trustee or director
5$0
MR THOMAS WINSTEADTRUSTEE
Trustee or director
5$0
MR DAVID JOYNEREX OFFICIO
Trustee or director
5$0
990 for the year ended May 31, 2024: 32 people
NameTitleHours / weekCompensationOther / benefits
MR EVAN D DUFFPRESIDENT
Officer
40$293,762$34,353
MR JOSEPH H LANE JRPROVOST AND SVP OF ACADEMI
Officer
40$168,262$29,133
MS SUZANNE P BRACKETTSVP-ADMINISTRATION
Officer
40$155,000$16,930
MR JOHN M THOMPSONHEAD MEN'S BASKETBALL COAC
Highest-paid employee
40$117,375$25,547
MR MARK H HINSONSR EXECUTIVE OF PHILANTHRO
Officer
40$118,592$14,850
MR AARON V DENTONVP OF ATHLETICS
Officer
40$123,737$8,068
MR MEIR MAGALPROFESSOR
Highest-paid employee
40$106,563$12,863
MR MICHAEL E DREWVP OF ENROLLMENT
Officer
40$112,027$7,009
MR PAUL A BAUERCHARIMAN
Trustee or director
5$0$0
MR VERNON T BRADLEY JRTRUSTEE
Trustee or director
5$0$0
MR ARNOLD GORDON-GRAYTRUSTEE
Trustee or director
5$0$0
MR DAN L BELLTRUSTEE
Trustee or director
5$0$0
MR HARRY BYNUMTRUSTEE
Trustee or director
5$0$0
MS BETH MURPHYTRUSTEE
Trustee or director
5$0$0
DR DANIEL L CROCKERPAST CHAIRMAN
Trustee or director
5$0$0
MS LESLIE HALLTRUSTEE
Trustee or director
5$0$0
MS JANICE BRYANT HOWROYDTRUSTEE
Trustee or director
5$0$0
MR KEVIN JONESTRUSTEE
Trustee or director
5$0$0
MR TW KINGTRUSTEE
Trustee or director
5$0$0
MR BAXTER MYERSTRUSTEE
Trustee or director
5$0$0
DR LAWANDA PEACETRUSTEE
Trustee or director
5$0$0
MS TERRI SHARPETRUSTEE
Trustee or director
5$0$0
MR JOE SHEARINVICE CHAIRMAN
Trustee or director
5$0$0
MR ROGER TAYLORTRUSTEE
Trustee or director
5$0$0
MR JOHN A TURNAGESECRETARY
Trustee or director
5$0$0
MS CONSTANCE WILLIAMSTRUSTEE
Trustee or director
5$0$0
MR THOMAS WINSTEADTRUSTEE
Trustee or director
5$0$0
REV ISMAEL RUIZ-MILLANEX OFFICIO
Trustee or director
5$0$0
MR MARION BARNESTRUSTEE
Trustee or director
5$0$0
MR JEROME MATRUSTEE
Trustee or director
5$0$0
MR LLOYD NELSONTRUSTEE
Trustee or director
5$0$0
MR WAYNE SOUSATRUSTEE
Trustee or director
5$0$0
990 for the year ended May 31, 2023: 33 people
NameTitleHours / weekCompensationOther / benefits
MR EVAN D DUFFPRESIDENT
Officer
40$272,216$31,896
MS SUZANNE P BRACKETTSVP-ADMINISTRATION
Officer
40$150,833$18,334
MR JOHN M THOMPSONHEAD MEN'S BASKETBALL COAC
Highest-paid employee
40$115,373$23,503
MR AARON V DENTONVP OF ATHLETICS
Officer
40$122,434$7,272
MR MARK H HINSONSR EXECUTIVE OF PHILANTHROPIC ENGAGEMENT
Officer
40$110,838$13,680
MS WENDY W ACHILLESASSOCIATE PROFESSOR - ACCOUNTING
Highest-paid employee
40$116,007$5,348
MR MICHAEL E DREWVP OF ENROLLMENT
Officer
40$111,100$6,944
MR JOSEPH H LANE JRPROVOST AND SVP OF ACADEMIC AFFAIRS
Officer
40$103,831$13,504
MS MOLLY A WYATTINTERIM PROVOST
Officer
40$99,760$12,896
MS GENA MESSER-KNODEVISITING ASSISTANT PROFESSOR- BUSINESS
Highest-paid employee
40$101,913$5,032
MR FRANKLIN E COATSVICE PRESIDENT - ADVANCEM
Officer
40$65,130$5,037
MR PAUL A BAUERVICE CHARIMAN
Trustee or director
5$0$0
MR VERNON T BRADLEY JRTRUSTEE
Trustee or director
5$0$0
MR ARNOLD GORDON-GRAYTRUSTEE
Trustee or director
5$0$0
MR DAN L BELLTRUSTEE
Trustee or director
5$0$0
MR THOMAS A BETTS JRTRUSTEE
Trustee or director
5$0$0
MR HARRY BYNUMTRUSTEE
Trustee or director
5$0$0
MS BETH MURPHYTRUSTEE
Trustee or director
5$0$0
DR DANIEL L CROCKERCHAIRMAN
Trustee or director
5$0$0
MR TED W GOSSETTTRUSTEE
Trustee or director
5$0$0
MS LESLIE HALLTRUSTEE
Trustee or director
5$0$0
MS JANICE BRYANT HOWROYDTRUSTEE
Trustee or director
5$0$0
MR KEVIN JONESTRUSTEE
Trustee or director
5$0$0
MR TW KINGTRUSTEE
Trustee or director
5$0$0
MR BAXTER MYERSTRUSTEE
Trustee or director
5$0$0
DR LAWANDA PEACETRUSTEE
Trustee or director
5$0$0
MS TERRI SHARPETRUSTEE
Trustee or director
5$0$0
MR JOE SHEARINTRUSTEE
Trustee or director
5$0$0
MR ROGER TAYLORTRUSTEE
Trustee or director
5$0$0
MR JOHN A TURNAGESECRETARY
Trustee or director
5$0$0
MS CONSTANCE WILLIAMSTRUSTEE
Trustee or director
5$0$0
MR THOMAS WINSTEADTRUSTEE
Trustee or director
5$0$0
REV ISMAEL RUIZ-MILLANEX OFFICIO
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
3400 N WESLEYAN BLVD, ROCKY MOUNT, NC 27804-8699
Principal officer (990 for 2024)
SUZANNE BRACKETT, 3400 N WESLEYAN BLVD, ROCKY MOUNT, NC 278048677
Signed the 990
SUZANNE BRACKETT, VP OF ADMIN & CFO
Phone
(252) 985-5100
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

NORTH CAROLINA WESLEYAN UNIVERSITY, A PRIVATE INSTITUTION AFFILIATED WITH THE UNITED METHODIST CHURCH, PREPARES STUDENTS FOR PROFESSIONAL ADVANCEMENT, LIFE-LONG LEARNING, AND RESPONSIBLE PARTICIPATION IN THEIR COMMUNITIES.

990 for the year ended May 31, 2025

Program accomplishments

  • INSTRUCTIONAL SERVICES TO UNIVERSITY STUDENTS
    Expenses $44,846,004 · grants $19,550,712 · revenue $43,517,882
  • PUBLIC SERVICE - OPERATED THE DUNN CENTER FOR THE PERFORMING ARTS, OPEN TO THE COMMUNITY AND EASTERN NORTH CAROLINA.
    Expenses $295,427

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 yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
56-0686603
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
1961
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$65,927,699
Income (IRS master file)
$48,483,362

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$48,471,791$52,315,614$65,927,699XML
990-TMay 2025–––IRS
990May 2024$47,392,754$50,472,431$66,064,047XML
990-TMay 2024–––IRS
990May 2023$47,525,427$52,498,420$60,676,201XML
990-TMay 2023–––IRS
990May 2022$57,107,518$54,948,077$65,274,015IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990May 2020–––IRS
990May 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 56-0686603).

Questions about NORTH CAROLINA WESLEYAN UNIVERSITY

What is the EIN of NORTH CAROLINA WESLEYAN UNIVERSITY?
The employer identification number (EIN) of NORTH CAROLINA WESLEYAN UNIVERSITY is 56-0686603.
Is NORTH CAROLINA WESLEYAN UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to NORTH CAROLINA WESLEYAN UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTH CAROLINA 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 NORTH CAROLINA WESLEYAN UNIVERSITY 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 NORTH CAROLINA WESLEYAN UNIVERSITY 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 NORTH CAROLINA WESLEYAN UNIVERSITY?
The 990 for the year ended May 31, 2025 names SUZANNE BRACKETT.
Who are the officers and directors of NORTH CAROLINA WESLEYAN UNIVERSITY?
The 990 for the year ended May 31, 2025 lists 34 people; 12 received compensation from the organization, the highest $300,211 (MR EVAN D DUFF, PRESIDENT).
How much revenue does NORTH CAROLINA WESLEYAN UNIVERSITY have?
On its 990 for the year ended May 31, 2025 it reported revenue of $48,471,791, expenses of $52,315,614 and total assets of $65,927,699 at year end.

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