Form 990 for tax year 2023

Filed by OLIVET NAZARENE UNIVERSITY.

Totals

Total revenue: $134,049,375
Total expenses: $136,553,343
Contributions and grants received: $13,423,499
Grants paid: $53,284,025
Program service revenue: $117,504,960
Investment income: $1,967,998
Other revenue: $1,152,918
Total assets, end of year: $241,892,889
Total liabilities, end of year: $128,911,852
Net assets or fund balances, end of year: $112,981,037
Program services expenses (Part IX): $121,656,028
Management and general expenses: $10,961,798
Fundraising expenses: $3,935,517
Program service expenses (Part III): $121,656,028

Program services were 89.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

Dr Gregg Chenoweth

President

Total calculated

$340,996

From this org

$265,165

From related orgs

$0

Other

$75,831

Hours/week

40 + 5 related

Schedule J breakdown matched by us

Base

$253,867

Bonus

$3,370

Other

$7,928

Deferred

$42,266

Nontaxable benefits

$33,565

Filer's total

$340,996
Dr Mark L Hostetler

Secretary

Total calculated

$0

Hours/week

1
Rev Timothy Crump

Chairman

Total calculated

$0

Hours/week

1
Dr Bill Clark Jr

Trustee

Total calculated

$0

Hours/week

1
Dr Cheryl Betz

Trustee

Total calculated

$0

Hours/week

1
Dr Cynthia VanSteenbur

Trustee (part year)

Total calculated

$0

Hours/week

1
Dr David Bartley

Trustee

Total calculated

$5,400

From this org

$5,400

From related orgs

$0

Other

$0

Hours/week

1
Dr Jeffery Crowder

Trustee

Total calculated

$0

Hours/week

1
Dr Larry McKain

Trustee

Total calculated

$0

Hours/week

1
Dr Mark Davisson MD

Trustee (part year)

Total calculated

$0

Hours/week

1
Dr Michael Kitsko

Trustee

Total calculated

$0

Hours/week

1
Dr Ron Blake

Trustee (part year)

Total calculated

$0

Hours/week

1
Dr Stacey Schmidt

Trustee

Total calculated

$2,100

From this org

$2,100

From related orgs

$0

Other

$0

Hours/week

1
Dr Steven Bohall

Trustee

Total calculated

$0

Hours/week

1
Michael Taylor

Trustee

Total calculated

$0

Hours/week

1
Mr Ben Smidt

Trustee

Total calculated

$0

Hours/week

1
Mr Dan Taylor

Trustee (part year)

Total calculated

$0

Hours/week

1
Mr Daniel Garde

Trustee

Total calculated

$0

Hours/week

1
Mr Daniel Hirst

Trustee

Total calculated

$0

Hours/week

1
Mr Darin Brown

Trustee

Total calculated

$0

Hours/week

1
Mr Dewayne Doty

Trustee

Total calculated

$0

Hours/week

1
Mr Doug Jones

Trustee

Total calculated

$0

Hours/week

1
Mr John Harris

Trustee

Total calculated

$0

Hours/week

1
Mr Ken Roat

Trustee

Total calculated

$0

Hours/week

1
Mr Ken Schmidt

Trustee

Total calculated

$0

Hours/week

1
Mr Lowell Short

Trustee

Total calculated

$0

Hours/week

1
Mr Matt McBurnie

Trustee

Total calculated

$0

Hours/week

1
Mr Mel Sayes

Trustee

Total calculated

$0

Hours/week

1
Mr Rick Parks

Trustee

Total calculated

$0

Hours/week

1
Mr Rodney Durr

Trustee

Total calculated

$0

Hours/week

1
Mr Stephen Lyle

Trustee

Total calculated

$0

Hours/week

1
Mr Terry Bate

Trustee

Total calculated

$0

Hours/week

1
Mrs Beth Kring

Trustee

Total calculated

$0

Hours/week

1
Mrs Cheryl Seymour

Trustee

Total calculated

$0

Hours/week

1
Mrs Cheryl Sherwood

Trustee

Total calculated

$0

Hours/week

1
Mrs Darcy Dill

Trustee (part year)

Total calculated

$0

Hours/week

1
Mrs Jennifer Caplinger

Trustee

Total calculated

$0

Hours/week

1
Mrs Jill Rice

Trustee

Total calculated

$0

Hours/week

1
Mrs Lydia Johnson

Trustee (part year)

Total calculated

$0

Hours/week

1
Mrs Phyllis German

Trustee

Total calculated

$0

Hours/week

1
Ms Ashley Dagostino

Trustee

Total calculated

$0

Hours/week

1
Ms Lisa Garvin

Trustee

Total calculated

$0

Hours/week

1
Rev Aaron Gregory

Trustee

Total calculated

$0

Hours/week

1
Rev Andy Albright

Trustee

Total calculated

$0

Hours/week

1
Rev Bradley Dyrness

Trustee

Total calculated

$0

Hours/week

1
Rev Brian Wangler

Trustee

Total calculated

$0

Hours/week

1
Rev Chris DeMott

Trustee

Total calculated

$0

Hours/week

1
Rev Daniel Gilmore

Trustee

Total calculated

$0

Hours/week

1
Rev Daniel Wine

Trustee (part year)

Total calculated

$0

Hours/week

1
Rev Darin Nossett

Trustee

Total calculated

$0

Hours/week

1
Rev David Anderson

Trustee

Total calculated

$0

Hours/week

1
Rev Francis Warren

Trustee

Total calculated

$0

Hours/week

1
Rev Garrett Lee

Trustee

Total calculated

$0

Hours/week

1
Rev H Gordon Smith

Trustee

Total calculated

$0

Hours/week

1
Rev Jim Frye

Trustee

Total calculated

$0

Hours/week

1
Rev Josh Woods

Trustee

Total calculated

$0

Hours/week

1
Rev Kenneth Bushey

Trustee

Total calculated

$0

Hours/week

1
Rev Lloyd Brock

Trustee

Total calculated

$0

Hours/week

1
Rev Mark McCall

Trustee

Total calculated

$0

Hours/week

1
Rev Mike Postell

Trustee

Total calculated

$0

Hours/week

1
Rev Nathan Gray

Trustee

Total calculated

$0

Hours/week

1
Rev Phil Kizzee

Trustee

Total calculated

$0

Hours/week

1
Rev Phillip Edwards

Trustee

Total calculated

$0

Hours/week

1
Rev Rob Prince

Trustee

Total calculated

$0

Hours/week

1
Rev Shawn Evans

Trustee (part year)

Total calculated

$0

Hours/week

1
Rev Tanner Griffin

Trustee (part year)

Total calculated

$0

Hours/week

1
Rev Terry Armstrong

Trustee

Total calculated

$0

Hours/week

1
Rev Tim Fisher

Trustee

Total calculated

$0

Hours/week

1
Rev Tim Kellerman

Trustee

Total calculated

$0

Hours/week

1
Rev Travis Myers

Trustee

Total calculated

$0

Hours/week

1
Rev Wesley Ball

Trustee

Total calculated

$0

Hours/week

1
Dr Brian Allen

VP for Institutional Advancement

Total calculated

$180,587

From this org

$160,154

From related orgs

$0

Other

$20,433

Hours/week

40 + 5 related

Schedule J breakdown matched by us

Base

$150,975

Bonus

$3,370

Other

$5,809

Deferred

$10,568

Nontaxable benefits

$9,865

Filer's total

$180,587
Dr Stephen Lowe

VP of Academic Affairs

Total calculated

$191,657

From this org

$155,220

From related orgs

$0

Other

$36,437

Hours/week

40 + 1 related

Schedule J breakdown matched by us

Base

$149,528

Bonus

$3,370

Other

$2,322

Deferred

$10,526

Nontaxable benefits

$25,911

Filer's total

$191,657
Mr Jason Stephens

VP of Student Development

Total calculated

$163,673

From this org

$133,978

From related orgs

$0

Other

$29,695

Hours/week

40

Schedule J breakdown matched by us

Base

$130,122

Bonus

$3,370

Other

$486

Deferred

$6,784

Nontaxable benefits

$22,911

Filer's total

$163,673
Mr Marcus Reddy

VP of Enrollment Management

Total calculated

$182,082

From this org

$121,759

From related orgs

$0

Other

$60,323

Hours/week

40 + 1 related

Schedule J breakdown matched by us

Base

$117,147

Bonus

$3,370

Other

$1,242

Deferred

$6,266

Nontaxable benefits

$54,057

Filer's total

$182,082
Mr Matthew Foor

Vice President for Finance, CFO

Total calculated

$183,556

From this org

$137,494

From related orgs

$0

Other

$46,062

Hours/week

45 + 5 related

Schedule J breakdown matched by us

Base

$130,168

Bonus

$3,370

Other

$3,956

Deferred

$9,112

Nontaxable benefits

$36,950

Filer's total

$183,556
Mr Robby Lalumendre

VP of Operations

Total calculated

$166,047

From this org

$136,384

From related orgs

$0

Other

$29,663

Hours/week

45 + 1 related

Schedule J breakdown matched by us

Base

$131,079

Bonus

$3,370

Other

$1,935

Deferred

$9,063

Nontaxable benefits

$20,600

Filer's total

$166,047
Dr Amber Residori

Dean of the College of Professional Studies

Total calculated

$138,704

From this org

$130,932

From related orgs

$0

Other

$7,772

Hours/week

50
Dr David VanHeemst

Chair, History & Political Science

Total calculated

$175,433

From this org

$145,855

From related orgs

$0

Other

$29,578

Hours/week

50

Schedule J breakdown matched by us

Base

$81,865

Bonus

$3,370

Other

$60,620

Deferred

$5,731

Nontaxable benefits

$23,847

Filer's total

$175,433
Dr Jay Martinson

Dean Online Learning

Total calculated

$170,458

From this org

$139,828

From related orgs

$0

Other

$30,630

Hours/week

50

Schedule J breakdown matched by us

Base

$110,550

Bonus

$3,370

Other

$25,908

Deferred

$7,739

Nontaxable benefits

$22,891

Filer's total

$170,458
Dr Kelly Brown

Prof UG & Grad Ed

Total calculated

$161,390

From this org

$132,143

From related orgs

$0

Other

$29,247

Hours/week

50

Schedule J breakdown matched by us

Base

$77,143

Bonus

$3,370

Other

$51,630

Deferred

$5,400

Nontaxable benefits

$23,847

Filer's total

$161,390
Dr Lance Kilpatrick

Dean of Education

Total calculated

$167,585

From this org

$136,206

From related orgs

$0

Other

$31,379

Hours/week

50

Schedule J breakdown matched by us

Base

$79,626

Bonus

$3,370

Other

$53,210

Deferred

$5,574

Nontaxable benefits

$25,805

Filer's total

$167,585

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, and on a Form 990-PF Part VIII's — 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 · Travel for companions
1a · Tax indemnification and gross-up payments
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 · Compensation survey or study
3 · Approval by the board or compensation committee
7 · Other non-fixed payments

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
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Travel for companions: The travel for companions is for the President's wife and VP for Institutional Advancement's wife. The travel is for a bona fide business purpose and is not treated as taxable compensation.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments: Officers and highest compensated employees received a gross-up payment to cover the portion of the tax liability associated with the bonuses received. This is included in taxable compensation.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use: Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. This is not included in taxable compensation. The President met the qualifications for and received a ministerial housing allowance during the tax year.
Schedule J, Part I, Line 7 Non-fixed payments: The organization made nonfixed payments in the form of discretionary bonuses.

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.

Olivet Nazarene University Foundation

501(c)(3) · Support students and programs of Olivet Nazarene University · IL · controlled entity

Directly controlled by Olivet Nazarene University

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

ONU SGCS Payroll LLC

Process of payroll for out of state employees · IL · income $0 · assets $0

Directly controlled by Olivet Nazarene University

Provenance

Return type: form_990
Tax year: 2023
Filed: 15 May 2025
IRS schema version: 2023v6.0
Source object: 202521359349303442

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

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