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Nonprofiteer
← UNIVERSITY OF MOUNT OLIVE INC

Form 990 for tax year 2022

Filed by UNIVERSITY OF MOUNT OLIVE INC.

Totals

Total revenue
$50,389,774
Total expenses
$47,108,899
Contributions and grants received
$8,018,183
Grants paid
$12,284,146
Program services expenses (Part IX)
$39,363,014
Management and general expenses
$7,338,787
Fundraising expenses
$407,098
Program service expenses (Part III)
$39,363,014

Program services were 83.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DR EDWARD CROOM

    PRESIDENT

    Total calculated
    $287,284
    From this org
    $254,150
    From related orgs
    $0
    Other
    $33,134
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $254,150
    Bonus
    $0
    Other
    $0
    Deferred
    $25,500
    Nontaxable benefits
    $7,634
    Filer's total
    $287,284

  • KENNETH BUCHANAN

    CFO/SVP BUSINESS & FINANCE

    Total calculated
    $197,377
    From this org
    $159,211
    From related orgs
    $0
    Other
    $38,166
    Hours/week
    50 + 1 related

    Schedule J breakdown matched by us

    Base
    $159,211
    Bonus
    $0
    Other
    $0
    Deferred
    $27,000
    Nontaxable benefits
    $11,166
    Filer's total
    $197,377

  • TODD TELEMECO

    VP ACADEMIC AFFAIRS

    Total calculated
    $169,160
    From this org
    $152,549
    From related orgs
    $0
    Other
    $16,611
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $152,549
    Bonus
    $0
    Other
    $0
    Deferred
    $5,388
    Nontaxable benefits
    $11,223
    Filer's total
    $169,160

  • KATHY BEST

    DEAN - TILLMAN SCHOOL OF BUSIN

    Total calculated
    $164,211
    From this org
    $123,945
    From related orgs
    $0
    Other
    $40,266
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $123,945
    Bonus
    $0
    Other
    $0
    Deferred
    $25,500
    Nontaxable benefits
    $14,766
    Filer's total
    $164,211

  • W DAN SULLIVAN

    SVP STUDENT AFFAIRS

    Total calculated
    $160,020
    From this org
    $138,445
    From related orgs
    $0
    Other
    $21,575
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $138,445
    Bonus
    $0
    Other
    $0
    Deferred
    $6,620
    Nontaxable benefits
    $14,955
    Filer's total
    $160,020

  • KENNETH HINES

    CHAIR - DEPT OF CHRISTIAN STUD

    Total calculated
    $148,775
    From this org
    $121,101
    From related orgs
    $0
    Other
    $27,674
    Hours/week
    50

  • ELIZABETH CARRERE

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $148,695
    From this org
    $127,783
    From related orgs
    $0
    Other
    $20,912
    Hours/week
    50

  • ANNE HAMM

    EXEC ASST TO PRES/SECRETARY

    Total calculated
    $60,201
    From this org
    $49,234
    From related orgs
    $0
    Other
    $10,967
    Hours/week
    50

  • EARL WORLEY JR

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DONNIE LASSITER

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • WESLEY BEDDARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BEVERLY BOYETTE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAMELA BRAXTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAULA COATES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARY DRUMMOND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ALBERT ELROD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BENJAMIN FORREST

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOHN HAWKINS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SYLVIA HERRING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RONNIE HOBGOOD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARK HOBBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BORDEN HOWELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROLYN JERNIGAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BOB JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BOBBY JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JERILYN LEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DAVID MCPHERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KIM QUINN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • J MATTHEW RAST

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAWRENCE ROUSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SHANE SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DUSK STROUD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT SUTTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JODY TYSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOSH WHITFIELD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT WILKERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CHARLIE YOUNG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A:
THE PRESIDENT OF THE UNIVERSITY IS CONTRACTUALLY OBLIGATED TO LIVE IN HOUSING ADJACENT TO THE UNIVERSITY. SUCH HOUSING IS FOR THE CONVENIENCE OF THE UNIVERSITY; ACCORDINGLY THERE ARE MULTIPLE FUNCTIONS HELD AT THE PRESIDENT'S HOME ANNUALLY. HOUSING VALUE IS APPROXIMATELY $20,000 ANNUALLY AND IS NOT TAXABLE COMPENSATION TO THE PRESIDENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
17 April 2024
IRS schema version
2022v5.0
Source object
202421099349301527

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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