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Receive, administer, and expend funds for religious, educational, charitable, and scientific purposes in connection with promoting and assisting the educational services of Olivet Nazarene University.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$9.2M
Program Spending
89%
of total expenses go to program services
Total Contributions
$4.4M
Total Expenses
▼$6.4M
Total Assets
$192.8M
Total Liabilities
▼$123.9M
Net Assets
$68.9M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$1.6M
Fundraising
▼N/A
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $2.5M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
Olivet Nazarene University36-2191252 | Bourbonnais, IL | $2.5M | Cash | Organizational Support and Scholarships |
| Total | $2.5M | |||
Bourbonnais, IL
$2.5M
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
1
Clean Audits
1
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2017 | Clean | Unmodified (Clean) | $115M | No | 2017-10-03 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$115M
Tax Year 2023 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: SOUNK
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $9.2M | $4.4M | $6.4M | $192.8M | $68.9M |
| 2022IRS e-File | $8.2M | $3.5M | $6.1M | $193M | $58.9M |
| 2021 | $10.5M | $3.3M | $5.7M | $194.9M | $58M |
| 2020 | $7.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2023)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Dr Gregg Chenoweth | President | 5 | $0 | $265.2K | $75.8K | $341K |
| Dr Stephen Lowe | VP Of Academic Affairs | 1 | $0 | $155.2K | $36.4K | $191.7K |
| Mr Matthew Foor | Vice President For Finance, CFO | 5 | $0 | $137.5K | $46.1K | $183.6K |
| Mr Marcus Reddy | VP Of Enrollment Management | 1 | $0 | $121.8K | $60.3K | $182.1K |
| Dr Brian Allen | VP Institutional Advancement | 5 | $0 | $160.2K | $20.4K | $180.6K |
| Mr Robby Lalumendre | VP Of Operations | 1 | $0 | $136.4K | $29.7K | $166K |
| Mr Woody Webb | Executive Director | 5 | $0 | $48.4K | $81K | $129.4K |
| Mr Barry Huebner | Secretary | 1 | $0 | $0 | $0 | $0 |
| Mr Dan Rexroth | Vice Chairman | 1 | $0 | $0 | $0 | $0 |
| Mr Mel Sayes | Chairman | 1 | $0 | $0 | $0 | $0 |
Dr Gregg Chenoweth
President
$341K
Hrs/Wk
5
Compensation
$0
Related Orgs
$265.2K
Other
$75.8K
Dr Stephen Lowe
VP Of Academic Affairs
$191.7K
Hrs/Wk
1
Compensation
$0
Related Orgs
$155.2K
Other
$36.4K
Mr Matthew Foor
Vice President For Finance, CFO
$183.6K
Hrs/Wk
5
Compensation
$0
Related Orgs
$137.5K
Other
$46.1K
Mr Marcus Reddy
VP Of Enrollment Management
$182.1K
Hrs/Wk
1
Compensation
$0
Related Orgs
$121.8K
Other
$60.3K
Dr Brian Allen
VP Institutional Advancement
$180.6K
Hrs/Wk
5
Compensation
$0
Related Orgs
$160.2K
Other
$20.4K
Mr Robby Lalumendre
VP Of Operations
$166K
Hrs/Wk
1
Compensation
$0
Related Orgs
$136.4K
Other
$29.7K
Mr Woody Webb
Executive Director
$129.4K
Hrs/Wk
5
Compensation
$0
Related Orgs
$48.4K
Other
$81K
Mr Barry Huebner
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Dan Rexroth
Vice Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Mel Sayes
Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr William Slattery | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Christopher Shride | Director | 1 | $0 | $0 | $0 | $0 |
| Mr David Mccool | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Don Walker | Director | 1 | $0 | $0 | $0 | $0 |
| Mr George Kalemkarian | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Harvey Gifford | Director |
Dr William Slattery
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Christopher Shride
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr David Mccool
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $2.2M |
| $5.4M |
| $179.6M |
| $45.1M |
| 2019 | $8.8M | $3.9M | $5.2M | $179.7M | $42.4M |
| 2018 | $10.1M | $3.9M | $5.1M | $176.1M | $37.5M |
| 2017 | $3.6M | $2.1M | $2.2M | $169.3M | $33.2M |
| 2016 | $4.4M | $3.1M | $1.9M | $40.5M | $29.5M |
| 2015 | $5M | $1.4M | $1.6M | $40.1M | $28.4M |
| 2014 | $3.4M | $1.6M | $940.5K | $40.4M | $28M |
| 2013 | $3.6M | $1.8M | $1.3M | $36M | $23.1M |
| 2012 | $2.8M | $1.7M | $1.4M | $34.1M | $20.3M |
| 2011 | $2.7M | $1.4M | $1.3M | $24.3M | $19.9M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Mr Jeriel A Beard | Director | 1 | $0 | $0 | $0 | $0 |
| Mr John Workman | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Kevin Sims | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Mick Mcgraw | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Richard Dykhouse | Director | 1 | $0 | $0 | $0 | $0 |
| Mr Tim Crump | Director | 1 | $0 | $0 | $0 | $0 |
| Mrs Beth Pennington | Director | 1 | $0 | $0 | $0 | $0 |
| Mrs Jill Bowling | Director | 1 | $0 | $0 | $0 | $0 |
Mr Don Walker
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr George Kalemkarian
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Harvey Gifford
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Jeriel A Beard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr John Workman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Kevin Sims
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Mick Mcgraw
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Richard Dykhouse
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mr Tim Crump
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mrs Beth Pennington
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mrs Jill Bowling
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0