As an ordained United Methodist Elder I am going to have to disagree. The UMC teaches the Real Presence of Jesus in the Eucharist, not just in the congregation or in the ubiquity of Jesus. Please read the UMC’s official statement here:
gbod.org/worship/thm-bygc.pdf
See, especially, the following quotes from the UMC’s official statement:
“Christ is present through the community gathered in Jesus’ name (Matthew 18:20), through the Word proclaimed and enacted, and through the elements of bread and wine shared (1 Corinthians 11:23-26). The divine presence is a living reality and can be experienced by participants; it is not a remembrance of the Last Supper and the Crucifixion only.”
“Christ’s presence in the sacrament is a promise to the church and is not dependent upon recognition of this presence by individual members of the congregation. Holy Communion always offers grace. We are reminded of what God has done for us in the past, experience what God is doing now as we partake, and anticipate what God will do in the future work of salvation.”
“The Christian church has struggled through the centuries to understand just how Christ is present in the Eucharist. Arguments and divisions have occurred over the matter. The Wesleyan tradition affirms the reality of Christ’s presence, although it does not claim to be able to explain it fully.”
“Our tradition asserts the real, personal, living presence of Jesus Christ. For United Methodists, the Lord’s Supper is anchored in the life of the historical Jesus of Nazareth, but is not primarily a remembrance or memorial. We do not embrace the medieval doctrine of transubstantiation, although we do believe that the elements are essential tangible means through which God works. We understand the divine presence in temporal and relational terms. In the Holy Meal of the church, the past, present, and future of the living Christ come together by the power of the Holy Spirit so that we may receive and embody Jesus Christ as God’s saving gift for the whole world.”
And, going outside the church’s statement to the liturgy itself, the United Methodist Church’s official Eucharistic ritual (Word and Table 1) contains the following epeclesis (consecration) prayer following the Words of Institution:
“Pour out your Holy Spirit on us gathered here, and on these gifts of bread and wine. Make them be for us the body and blood of Christ, that we may be for the world the body of Christ, redeemed by his blood.”