Meinders School of Business Oklahoma City University
2501 N. Blackwelder Avenue
Oklahoma City OK 73106-1493
Tax Exempt Status Public Supported Charity
Organization Does Business As (DBA) Name(s)
Organization DBA
Meinders School of Business
Mission Statement
The Meinders School of Business prepares graduate and undergraduate students to be socially responsible leaders in a global economy through teaching excellence and faculty scholarship in business practice and the disciplines.  Faculty, staff and students engage with the business community, local government, and regulatory agencies as part of the teaching-learning process.  Oklahoma City University embraces the United Methodist tradition of scholarship and service and welcomes all faiths in a culturally rich community dedicated to student success. Men and women pursue academic excellence through a rigorous curriculum focused on students' intellectual, moral, and spiritual development to prepare them to become effective leaders in service to their communities.
Meinders School of Business
Contact Information
Contact Name Steven Agee
Contact email sagee@okcu.edu
Address 2501 N. Blackwelder Avenue
Oklahoma City, OK 73106 1493
Phone (405) 208-5458
Fax 405-208-5098
County Oklahoma County
Alternate Phone 405 208-5488
How to Give
Donate with Credit Card https://secure.okcu.edu/onlinegiving/
Donate to Endowment http://occf.org/msocu/
Other ways to donate, support or volunteer

Mail checks payable to:  Oklahoma City University, 2501 N. Blackwelder, Oklahoma City, OK, 73106 - Note Meinders School of Business on memo line

Financial Summary
 
 
Projected Revenue $4,140,100.00
Projected Expenses $60,037,588.00
History and Background
Former Names
NameYear
Epworth University1911
Oklahoma Methodist University1919
Oklahoma City College1924
Supported Organization Meinders School of Business
Year Founded 1946
IRS Ruling Year 1959
State Registration Expiration Aug 2020
Statements
Mission
The Meinders School of Business prepares graduate and undergraduate students to be socially responsible leaders in a global economy through teaching excellence and faculty scholarship in business practice and the disciplines.  Faculty, staff and students engage with the business community, local government, and regulatory agencies as part of the teaching-learning process.  Oklahoma City University embraces the United Methodist tradition of scholarship and service and welcomes all faiths in a culturally rich community dedicated to student success. Men and women pursue academic excellence through a rigorous curriculum focused on students' intellectual, moral, and spiritual development to prepare them to become effective leaders in service to their communities.
Background

The Meinders School of Business -The school of business at Oklahoma City University was established in 1946, although a Bachelor of Science in Business (BSB) degree was first offered in 1939-40.  Reflecting the university’s move to fewer required general education hours, allowing additional hours in the business core and majors, the BSB was changed to the Bachelor of Business Administration (BBA) in 2010-11.  The Master of Business Administration (MBA) began in 1962-63; the Master of Science in Accounting (MSA) commenced in 1976-77; and the Master of Science in Energy Management began in January 2012.  In 2002, Herman Meinders executed an agreement with the University to provide all of the funding necessary to acquire the land and construct a new 80,000 square foot building for the school of business.  In recognition of this donation, it was agreed that the project would be named the Meinders School of Business.

The school of business is comprised of three academic departments: Department of Management and Marketing; Department of Economics and Finance and Department of Accounting.

The school of business houses the Student Success Center, the Steven C. Agee Economic Research & Policy Institute (ERPI) and the Tan Sri Dr. Lin Wee Chai International Technology Center.  The Student Success Center provides undergraduate and graduate students with advisory services related to classes, schedules, tracking of student outcomes, and counseling of financial services in conjunction with the University’s Director of Student Financial Services.  The Economic Research & Policy Institute has, as its Executive Director and Associate Director, Ph.D. economists who engage and employ undergraduate and graduate students in conducting economic impact studies, forecasting, modeling, and providing consulting services for businesses, local and state governments, and the Oklahoma Corporation Commission, consistent with the school’s mission.  The Center for Regional Economic Forecasting & Policy analysis as well as the Ronnie K. Irani Center for Data Analytics and the Center for Native American and Urban Studies are also located within the ERPI Center each with their specialized services for businesses.  

The school of business also is home to the Chickasaw National Resource Center. We have twelve (12) Bloomberg Terminals in the business school to train our students in the sophisticated use of the Bloomberg's and better prepare them for job opportunities upon graduation.  Undergraduate students in our Investment Club are provided $100,000 in real money at the beginning of each academic year to make decisions about an equity investment portfolio.   
 
The school of business has both an Executive Advisory Board and a Student Advisory Board.  The Executive Advisory Board consists of approximately forty community and business leaders in the metropolitan area and the Student Advisory Board consists of both undergraduate and graduate students from the school of business. Both boards provide the Dean with input, suggestions and advice on a wide array of subjects involving the mission of the school, its strategic plan and tactical actions,  assistance on attracting new students, retaining existing students, establishing internships, and funding of business school programs and activities.  Both boards meet twice a semester and discuss issues relevant to their interests and to the school of business.  These boards are important stakeholders and are highly involved in the effort by the school to build continuous improvement.
Impact The Meinders School of Business received worldwide recognition in 2014 by being accredited by the AACSB, International (Association to Accredit Collegiate Schools of Business).  In 2019 Meinders received an extension of accreditation by the AACSB Continuous Improvement Review Committee.  Out of nearly 16,000 business schools worldwide, only 820 have been accredited by AACSB, placing the Meinders School of Business in the top 4.5% of all business schools globally.  In 2019, U.S. News & World Report ranked the Meinders School of Business at OCU as one of the best online graduate business programs in the United States.  
Needs Undergraduate and graduate student scholarships is the principal need for the Meinders School of Business.  Endowed faculty chairs is also a principal need.  Contributions to the Dean's Excellence Fund provides the Dean with flexibility in funding student scholarships, faculty research, and attendance at conference proceedings.
Area Served
Area Served
Geographic Area Served
Oklahoma City
Oklahoma - Statewide
National
International
Our students are from a diverse background. We have many Oklahomans but also attract students from around the United States and multiple different countries.
Service Categories
Secondary Organizational Category Education/Graduate & Professional Schools
Programs
Description

Business students from around the world come to the Meinders School of Business with a common goal: to become exceptional leaders in business.  The Meinders School of Business is accredited by the Association to Advance Collegiate Schools of Business (AACSB International) and ranks in the top 5% of business schools in the world. Students in the Meinders School of Business receive a higher level of learning and engagement inside the classroom, offering a unique environment built around the success of each individual.

The Meinders School of Business offers the following Undergraduate Programs:
Bachelor of Business Administration (BBA) in Business Administration, Accounting, Economics, Finance and Marketing as well as a
Bachelor of Science (BS) in Software Engineering. 
Strategy
Population Served Adults
Description

As a graduate student at the Meinders School of Business, students learn from a faculty that is highly regarded for their scholarship, and innovative and dedicated teaching. Because we understand the value of networking and making connections as a part of your graduate studies, we provide opportunities for students to advance their careers through connections with faculty, alumni and leaders in the community. The Meinders School of Business graduate programs are designed to enable working professionals to meet the demands of their career and other commitments while earning a highly-respected degree in one of these five graduate degree programs:

Master of Business Administration (MBA)
Master of Science in Accounting (MSA)
Master of Science in Energy Management (MS)
Master of Science in Energy Legal Studies (MS) 
Strategy
Population Served Adults
CEO/Executive Director
CEO/Executive Director Steven Agee
Start Date Nov 2010
Email sagee@okcu.edu
Experience

Steven C. Agee, Ph.D. is the Dean of the Meinders School of Business.  Dr. Agee earned a B.B.A. from the University of Oklahoma in 1975, a Master's Degree in Economics from the University of Kansas in 1979, and a Ph.D. in Economics from the University of Kansas in 1982.  Dr. Agee started XAE Corporation, a privately owned oil & natural gas exploration company in 1982, and served as its President and COO for twenty-four years.  XAE sold to Canaan Resources in 2006.  Dr. Agee joined the faculty of the Meinders School of Business in 2008, and became Dean on November 1, 2010.  Dr. Agee also served six years on the Board of the Federal Reserve Bank of Kansas City, Oklahoma City Branch, with the last three years as Chairman of this Board.  Dr. Agee has served on many philanthropic boards in Oklahoma including the Oklahoma City Philharmonic Society, Allied Arts, the Oklahoma City Community Foundation, and El Sistema Oklahoma.  While running XAE Corporation, Dr. Agee also served on the Oklahoma Independent Petroleum Association Board and the Oklahoma Energy Resources Board; the latter for which he served three years as Chairman.  Dr. Agee served on the Board of the Economic Club of Oklahoma as well as one year as its President.   

Senior Staff
NameTitle
Michael WilliamsAssociate Dean for Academic Affairs and Accreditation
Staff
Number of Full-time Staff 30
Number of Part-time Staff 0
Number of Contract Staff 0
Number of Volunteers 75
Staff Retention Rate 94
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Staff Demographics - Gender
Male 17
Female 13
Organizational Plans
Fundraising Plan Yes
Communication Plan Under Development
Strategic Plan Yes
Management Succession Plan Yes
Organization Policies and Procedures Yes
External Assessments and Accreditations
Assessment/AccreditationYear
Higher Learning Commission of North Central Association of Colleges and Schools - 10 Year Accreditation2011
Board Chair
Name Mr. Paul E. McLaughlin
Company Affiliation Attorney
Term July 2019 to July 2023
Board of Directors
List Current as of July 01, 2019
Board of Directors List
NameAffiliationStatus
Ms. Louise BassVoting
The Reverend Derrek BelaseOklahoma Conference of the United Methodist ChurchExofficio
Dr. Henry W. Browne Jr.Voting
Mr. Phillip BuseyThe Busey Group of CompaniesVoting
Dr. Emmanuel E. EdemVoting
Ms. Tricia EverestVoting
Mr. Jason ForemanVoting
Dr. Gerald L. GambleVoting
Dr. Jane Jayroe GambleVoting
Mr. Jack GolsenLSB IndustriesVoting
Ms. Norman Gravley-QuinnVoting
Mr. Mo GrotjohnHCM InvestmentsVoting
Mr. Nicholas Harroz, IIIVoting
Dr. Gary B. HomseyVoting
Mr. Joe R. Homsey Jr.Voting
Mr. Michael "Mickey" S. HomseyVoting
Mrs. Ann JohnstoneVoting
Mr. Bill JunkVoting
Dr. Lou C. KerrVoting
Dr. Donald H. KimVoting
Dr. Ann LacyNonVoting
Dr. Kurt LeichterNonVoting
Mrs. Cathy J. LeichterMarketing ChallengeVoting
Ms. Jenee Naifeh ListerVoting
Dr. Robert LongVoting
Dr. Judy LoveLoves Travel Stops & Country Stores, Inc.Voting
Mr. Paul E. McLaughlinVoting
Mr. William MeeVoting
Dr. Herman MeindersHCM InvestmentsVoting
Dr. Ronald J. NorickVoting
Bishop James "Jimmy" NunnVoting
Mr. Richard ParryVoting
Dr. George RandallVoting
Reverend Shannon RodenbergOklahoma Conference of the United Methodist ChurchExofficio
Mr. Patrick T. RooneyVoting
Ms. Meg SalyerVoting
Mr. T.W. ShannonBank2Voting
Dr. William F. ShdeedVoting
Dr. Jeanne Hoffman SmithVoting
Ms. Sally Nichols StarlingVoting
Mrs. LaVetra Stevenson, Staff Council PresidentOklahoma City UniversityExofficio
Mr. Trae Trousdale, Student Government Association PresidentOklahoma City UniversityExofficio
Dr. Jerry B. VannattaVoting
General James L. WadeNonVoting
Mrs. Kathy WilliamsCommunity VolunteerVoting
Rev. David M. WilsonVoting
Board Demographics - Gender
Male 30
Female 16
Standing Committees
Membership
Academic Affairs
Executive
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Strategic Planning / Strategic Direction
Finance
Audit
Board Governance
Trusteeship
Investment
Student Affairs
Comments on Board & Governance
CEO/Executive Director/Board Comments We have a student advisory board as well which is made up of undergraduate and graduate OCU students from the Meinders School of Business.
Current Fiscal Year
Fiscal Year July 01, 2019-June 30, 2020
Current Year Budgeted Total Income $4,140,100
Current Year Budgeted Total Expenses $60,037,588
Financial Documents
IRS Letter of Determination
Prior Three Years' Financial History
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201820172016
Total Revenue$110,323,295$117,476,314$90,094,492
Total Expenses$107,068,245$104,070,869$102,505,388
Revenue Less Expenses$3,255,050$13,405,445($12,410,896)
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201820172016
Contributions$4,494,958$8,323,562$4,976,731
Foundation and
Corporation Contributions
------
Government Contributions$414,838$388,006$345,323
Federal------
State------
Local------
Unspecified$414,838$388,006$345,323
Individual Contributions------
------
$87,169,124$88,860,676$87,906,698
Investment Income, Net of Losses$3,681,047$1,640,307$2,984,766
Unrealized Gain/Loss$13,027,158$16,563,974($7,838,722)
Membership Dues------
Special Events$243,032$240,074$203,939
Revenue In-Kind--$11,060--
Other$1,293,138$1,448,655$1,515,757
Expense Allocation
Fiscal Year201820172016
Program Expense$100,019,480$97,002,860$85,617,549
Administration Expense$5,490,184$5,227,812$15,460,825
Fundraising Expense$1,558,581$1,840,197$1,427,014
Payments to Affiliates------
Total Revenue/Total Expenses1.031.130.88
Program Expense/Total Expenses93%93%84%
Fundraising Expense/Contributed Revenue35%22%29%
Assets and Liabilities
Fiscal Year201820172016
Total Assets$292,256,592$282,529,640$275,186,056
Current Assets$1,669,056$5,555,345$3,037,842
Long-Term Liabilities$49,803,554$51,128,623$52,380,948
Current Liabilities$42,219,805$34,422,834$39,232,370
Total Net Assets$200,233,233$196,978,183$183,572,738
Solvency
Short Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities0.040.160.08
Long Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets17%18%19%
Funding Sources
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar AmountEarned Revenue $87,169,124Earned Revenue $88,860,676Earned Revenue $87,906,698
Second Highest Funding Source & Dollar AmountRealized & Unrealized Gains/(Losses) $13,027,158Realized & Unrealized Gains/(Loss) $16,563,974Contributions $4,976,731
Third Highest Funding Source & Dollar AmountContributions $4,494,958Contributions $8,323,562Investment Income $2,984,766
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 5 %
Credit Line? Yes
Reserve Fund? Yes
Capital Campaign
Currently in a Capital Campaign? No
Comments on Financials
Foundation Staff Comments
All prior year financial information is from the IRS Form 990s.
 
Contributions may include foundations and corporations when the breakout was not available.
 
The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff.
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.
Address 2501 N. Blackwelder Avenue
Oklahoma City, OK 73106 1493
Primary Phone 405 208-5458
Contact Email sagee@okcu.edu
Give to Endowment http://occf.org/msocu/
CEO/Executive Director Steven Agee
Board Chair Mr. Paul E. McLaughlin
Board Chair Company Affiliation Attorney