Totals
- Total revenue
- $206,749,413
- Total expenses
- $188,591,934
- Contributions and grants received
- $11,885,021
- Grants paid
- $69,989,803
- Program service revenue
- $186,648,296
- Investment income
- $8,210,549
- Other revenue
- $5,547
- Total assets, end of year
- $337,905,658
- Total liabilities, end of year
- $29,717,894
- Net assets or fund balances, end of year
- $308,187,764
- Program services expenses (Part IX)
- $169,669,053
- Management and general expenses
- $16,211,046
- Fundraising expenses
- $2,711,835
- Program service expenses (Part III)
- $169,669,053
Program services were 90.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$848,180
-
1f · All other contributions, gifts and grants
$11,036,841
-
1g · Noncash contributions included above
$990,767
-
2a · Program service revenue: TUITION AND FEES
total $152,330,566 · related or exempt $152,330,566
-
2b · Program service revenue: AUXILIARY FEES
total $32,251,643 · related or exempt $32,251,643
-
2c · Program service revenue: OTHER PROGRAM REVENUE
total $2,066,087 · related or exempt $2,066,087
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $5,800,781 · excluded $5,800,781
-
6a · Gross rents
real property $5,547
-
6c · Rental income or loss
real property $5,547 · personal property $0
-
6d · Net rental income or loss
total $5,547 · excluded $5,547
-
7a · Gross sales of assets other than inventory
securities $32,606,239 · other assets $201,735
-
7b · Less cost or other basis and sales expenses
securities $30,397,772 · other assets $434
-
7c · Gain or loss
securities $2,208,467 · other assets $201,301
-
7d · Net gain or loss
total $2,409,768 · excluded $2,409,768
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $69,989,803 · program services $69,989,803
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $1,963,392 · program services $561,466 · management and general $1,170,049 · fundraising $231,877
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $43,957,385 · program services $40,598,884 · management and general $2,314,851 · fundraising $1,043,650
-
8 · Pension plan contributions
total $4,899,577 · program services $4,177,568 · management and general $592,301 · fundraising $129,708
-
9 · Other employee benefits
total $11,519,554 · program services $9,640,085 · management and general $1,580,157 · fundraising $299,312
-
10 · Payroll taxes
total $3,340,721 · program services $2,848,428 · management and general $403,853 · fundraising $88,440
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $20,139 · program services $0 · management and general $20,139 · fundraising $0
-
11c · Fees: accounting
total $76,300 · program services $0 · management and general $76,300 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $50,000 · fundraising $50,000
-
11f · Fees: investment management
total $167,997 · program services $0 · management and general $167,997 · fundraising $0
-
11g · Fees: other
total $12,368,649 · program services $12,315,935 · management and general $49,878 · fundraising $2,836
-
12 · Advertising and promotion
total $530,861 · program services $493,903 · management and general $2,462 · fundraising $34,496
-
13 · Office expenses
total $13,401,014 · program services $9,416,398 · management and general $3,373,498 · fundraising $611,118
-
14 · Information technology
total $1,566,919 · program services $1,551,898 · management and general $5,664 · fundraising $9,357
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $11,338,702 · program services $6,907,310 · management and general $4,429,711 · fundraising $1,681
-
17 · Travel
total $1,392,259 · program services $1,212,571 · management and general $112,627 · fundraising $67,061
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $1,593,093 · program services $1,317,620 · management and general $133,174 · fundraising $142,299
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $8,452,367 · program services $7,633,575 · management and general $818,792 · fundraising $0
-
23 · Insurance
total $961,319 · program services $1,726 · management and general $959,593 · fundraising $0
-
24a · Other expenses: STUDENT FEES
total $825,507 · program services $825,507 · management and general $0 · fundraising $0
-
24b · Other expenses: STUDY ABROAD PROGRAM
total $116,149 · program services $116,149 · management and general $0 · fundraising $0
-
24c · Other expenses: BAD DEBT
total $60,227 · program services $60,227 · management and general $0 · fundraising $0
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $40,790 · end of year $20,994
-
2 · Savings and temporary cash investments
beginning of year $33,206,931 · end of year $27,348,518
-
4 · Accounts receivable
beginning of year $2,354,356 · end of year $2,506,432
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $1,317,744 · end of year $1,198,624
-
9 · Prepaid expenses and deferred charges
beginning of year $1,698,495 · end of year $2,125,787
-
10a · Land, buildings and equipment: cost or other basis
$378,870,573
-
10b · Land, buildings and equipment: accumulated depreciation
$161,567,217
-
10c · Land, buildings and equipment, net
beginning of year $181,286,146 · end of year $217,303,356
-
11 · Investments: publicly traded securities
beginning of year $99,714,914 · end of year $85,483,088
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $1,540,851 · end of year $1,516,468
-
15 · Other assets
beginning of year $280,296 · end of year $402,391
-
17 · Accounts payable and accrued expenses
beginning of year $16,737,125 · end of year $14,275,913
-
19 · Deferred revenue
beginning of year $2,580,088 · end of year $2,560,228
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $9,112,580 · end of year $8,198,412
-
25 · Other liabilities
beginning of year $4,651,271 · end of year $4,683,341
-
27 · Net assets without donor restrictions
beginning of year $193,306,443 · end of year $241,469,904
-
28 · Net assets with donor restrictions
beginning of year $95,053,016 · end of year $66,717,860
Mission and programs · 2023
Mission
CEDARVILLE UNIVERSITY TRANSFORMS LIVES THROUGH EXCELLENT EDUCATION AND INTENTIONAL DISCIPLESHIP IN SUBMISSION TO BIBLICAL AUTHORITY. THE UNIVERSITY ACHIEVES ITS MISSION BY ACCOMPLISHING PORTRAIT STATEMENTS WHICH REFLECT CHARACTERISTICS OF A CEDARVILLE UNIVERSITY GRADUATE.
Activities or mission (Part I)
CEDARVILLE UNIVERSITY TRANSFORMS LIVES THROUGH EXCELLENT EDUCATION AND INTENTIONAL DISCIPLESHIP IN SUBMISSION TO BIBLICAL AUTHORITY.
-
STUDENT AID: EXCELLENCE IS EXPECTED FROM EVERYONE AT CEDARVILLE. WE PROVIDE STUDENTS IN EACH OF OUR 175 AREAS OF STUDY THE RESOURCES AND SUPPORT NECESSARY TO MEET OUR COMMUNITY'S HIGH STANDARDS FOR ACADEMIC ACHIEVEMENT. GRADUATES EMERGE FROM CEDARVILLE WELL-PREPARED TO SUCCEED IN A HIGHLY COMPETITIVE PROFESSIONAL ENVIRONMENT. AS A RESULT, WE ARE TAKING OUR WELL-EARNED PLACE AS ONE OF THE NATION'S BEST COLLEGES.
Expenses $69,989,803 · Grants $69,989,803
-
INSTRUCTION AND ACADEMIC SUPPORT: LOCATED IN SOUTHWEST OHIO, CEDARVILLE UNIVERSITY IS AN ACCREDITED, CHRIST-CENTERED, BAPTIST INSTITUTION WITH AN ENROLLMENT OF 6,384 UNDERGRADUATE, GRADUATE AND ONLINE STUDENTS IN MORE THAN 175 AREAS OF STUDY. FOUNDED IN 1887, CEDARVILLE IS RECOGNIZED NATIONALLY FOR ITS AUTHENTIC CHRISTIAN COMMUNITY, RIGOROUS ACADEMIC PROGRAMS, STRONG GRADUATION AND RETENTION RATES, ACCREDITED PROFESSIONAL AND HEALTH SCIENCE OFFERINGS AND HIGH STUDENT ENGAGEMENT RANKING.
Expenses $69,392,402 · Revenue $154,201,778
-
AUXILIARY SERVICES: CEDARVILLE IS COMMITTED TO THE DEVELOPMENT OF THE WHOLE PERSON. FROM OUR STUDENT LIFE INITIATIVES TO OUR CURRICULUM DESIGN, ALL OF OUR STRUCTURES AND STRATEGIES HAVE BEEN DEVELOPED TO PRODUCE GRADUATES WHO WILL POSSESS THE EXPERTISE AND CHARACTER NEEDED TO ENGAGE THEIR PROFESSIONAL, SOCIAL AND POLITICAL SPHERES-OF-INFLUENCE WITH TRUTH FROM GOD'S UNCHANGING WORD.
Expenses $18,722,188 · Revenue $32,647,818
-
STUDENT SERVICES: AT CEDARVILLE, WE ARE A COMMUNITY OF BELIEVERS ACCOUNTABLE TO ONE ANOTHER, CALLED TO REFLECT THE CHARACTER OF JESUS CHRIST AND TO BE OBEDIENT TO HIS WORD. WE WILL BE FAITHFUL IN OUR SUPPORT FOR THE LOCAL CHURCH AND IN OUR PRACTICE OF SPIRITUAL DISCIPLINES. WE WILL PRACTICE BIBLICAL PRINCIPLES OF ENCOURAGEMENT, EXHORTATION, AND RECONCILIATION. WE COMMIT OURSELVES TO INTEGRITY, KINDNESS, PURITY, AND SELF-CONTROL AND TO CONTINUAL GROWTH IN SCHOLARSHIP, LEADERSHIP, AND SERVICE.
Expenses $11,564,660
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Corey AbneyDR COREY ABNEY
TRUSTEE - SECRETARY
- Total calculated
- $22,150
- From this org
- $22,150
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mr Daniel PetekMR DANIEL PETEK
TRUSTEE - VICE CHAIRMAN
- Total calculated
- $52,125
- From this org
- $52,125
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mr Robert WynaldaMR ROBERT WYNALDA
TRUSTEE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Mr Timothy KnightMR TIMOTHY KNIGHT
TRUSTEE - TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Deforia LaneDR DEFORIA LANE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Dominic McKinleyDR DOMINIC MCKINLEY
TRUSTEE
- Total calculated
- $11,904
- From this org
- $11,904
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Dr Don LoughDR DON LOUGH
TRUSTEE
- Total calculated
- $1,749
- From this org
- $1,749
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Dr Hayes WickerDR HAYES WICKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr James HiltonDR JAMES HILTON
TRUSTEE
- Total calculated
- $8,909
- From this org
- $8,909
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Dr Jason DuesingDR JASON DUESING
TRUSTEE
- Total calculated
- $27,332
- From this org
- $27,332
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Lt Col David CarrLT COL DAVID CARR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Daniel GreenMR DANIEL GREEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr David DykemaMR DAVID DYKEMA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Evan EnglishMR EVAN ENGLISH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Jonathan PriceMR JONATHAN PRICE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Kenneth David BaneMR KENNETH DAVID BANE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Nathan LinoMR NATHAN LINO
TRUSTEE
- Total calculated
- $34,931
- From this org
- $34,931
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Mr Paul DavisMR PAUL DAVIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mr Warren JenkinsMR WARREN JENKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mrs Connie JenkinsMRS CONNIE JENKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Brian WhiteREV BRIAN WHITE
TRUSTEE
- Total calculated
- $8,188
- From this org
- $8,188
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Rev Jeffory WillettsREV JEFFORY WILLETTS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Joel WayneREV JOEL WAYNE
TRUSTEE
- Total calculated
- $16,188
- From this org
- $16,188
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1
-
Rev Randy PattenREV RANDY PATTEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev William BernhardREV WILLIAM BERNHARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Christopher Cross
VP of Athletics
- Total calculated
- $120,468
- From this org
- $110,178
- From related orgs
- $0
- Other
- $10,290
- Hours/week
- 40
-
Christopher SohnCHRISTOPHER SOHN
VP OF BUSINESS CFO
- Total calculated
- $255,105
- From this org
- $217,097
- From related orgs
- $0
- Other
- $38,008
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,225
- Bonus
- $0
- Other
- $872
- Deferred
- $20,971
- Nontaxable benefits
- $17,037
- Filer's total
- $255,105
-
Janice SuppleeJANICE SUPPLEE
VP MARKETING
- Total calculated
- $183,007
- From this org
- $164,435
- From related orgs
- $0
- Other
- $18,572
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $163,723
- Bonus
- $0
- Other
- $712
- Deferred
- $15,441
- Nontaxable benefits
- $3,131
- Filer's total
- $183,007
-
Jonathan WoodJONATHAN WOOD
VP STUDENT LIFE
- Total calculated
- $205,098
- From this org
- $132,850
- From related orgs
- $0
- Other
- $72,248
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,282
- Bonus
- $0
- Other
- $568
- Deferred
- $24,303
- Nontaxable benefits
- $47,945
- Filer's total
- $205,098
-
Scott Van LooSCOTT VAN LOO
VP ENROLLMENT MGMT
- Total calculated
- $257,991
- From this org
- $215,902
- From related orgs
- $0
- Other
- $42,089
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,033
- Bonus
- $0
- Other
- $869
- Deferred
- $20,216
- Nontaxable benefits
- $21,873
- Filer's total
- $257,991
-
Thomas MachTHOMAS MACH
VP ACADEMICS
- Total calculated
- $259,504
- From this org
- $215,657
- From related orgs
- $0
- Other
- $43,847
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $214,785
- Bonus
- $0
- Other
- $872
- Deferred
- $20,774
- Nontaxable benefits
- $23,073
- Filer's total
- $259,504
-
Thomas WhiteTHOMAS WHITE
PRESIDENT
- Total calculated
- $450,342
- From this org
- $362,223
- From related orgs
- $0
- Other
- $88,119
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $361,015
- Bonus
- $0
- Other
- $1,208
- Deferred
- $51,891
- Nontaxable benefits
- $36,228
- Filer's total
- $450,342
-
William SmallwoodWILLIAM SMALLWOOD
VP ADVANCEMENT
- Total calculated
- $231,877
- From this org
- $199,019
- From related orgs
- $0
- Other
- $32,858
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $198,154
- Bonus
- $0
- Other
- $865
- Deferred
- $19,644
- Nontaxable benefits
- $13,214
- Filer's total
- $231,877
-
Aleda ChenALEDA CHEN
PROFESSOR OF PHARMACY SCIENCE
- Total calculated
- $155,053
- From this org
- $141,334
- From related orgs
- $0
- Other
- $13,719
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,699
- Bonus
- $0
- Other
- $635
- Deferred
- $13,719
- Nontaxable benefits
- $0
- Filer's total
- $155,053
-
Jason GrahameJASON GRAHAME
DIRECTOR OF PA PROGRAM
- Total calculated
- $227,952
- From this org
- $151,208
- From related orgs
- $0
- Other
- $76,744
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,480
- Bonus
- $0
- Other
- $728
- Deferred
- $14,476
- Nontaxable benefits
- $62,268
- Filer's total
- $227,952
-
Jeffery BatesJEFFERY BATES
PROF OF PHARM SCIENCE
- Total calculated
- $218,565
- From this org
- $175,924
- From related orgs
- $0
- Other
- $42,641
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,189
- Bonus
- $0
- Other
- $735
- Deferred
- $16,462
- Nontaxable benefits
- $26,179
- Filer's total
- $218,565
-
Justin ColeJUSTIN COLE
PROF OF PHARM SCIENCE
- Total calculated
- $181,336
- From this org
- $141,305
- From related orgs
- $0
- Other
- $40,031
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $140,675
- Bonus
- $0
- Other
- $630
- Deferred
- $13,852
- Nontaxable benefits
- $26,179
- Filer's total
- $181,336
-
Seth HammanSETH HAMMAN
PROF OF CYBER OPERATIONS
- Total calculated
- $203,393
- From this org
- $164,924
- From related orgs
- $0
- Other
- $38,469
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,414
- Bonus
- $0
- Other
- $510
- Deferred
- $16,596
- Nontaxable benefits
- $21,873
- Filer's total
- $203,393
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 · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1a · Personal services (maid, chauffeur, chef)
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Compensation survey or study
- 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 Housing allowance or residence for personal use
- THE UNIVERSITY'S PRESIDENT IS PROVIDED WITH A UNIVERSITY OWNED HOUSE THAT IS SERVICED BY OUR CUSTODIAL, GROUNDS, AND MAINTENANCE DEPARTMENTS. THIS BENEFIT QUALIFIES AS NON-TAXABLE HOUSING PROVIDED FOR THE CONVENIENCE OF THE EMPLOYER, UNDER IRC SECTION 119.
- Schedule J, Part I, Line 1a Health or social club dues or initiation fees
- HEALTH/SOCIAL CLUB DUES ARE PAID ON BEHALF OF THE VP FOR ENROLLMENT MANAGEMENT AND THE PRESIDENT. THE BENEFIT IS INCLUDED IN TAXABLE COMPENSATION.
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.
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.
-
CEDAR CARE LLC
PHARMACY · OH · income -$7,293 · assets $0
Directly controlled by CEDARVILLE
-
IN PROGRESS LLC
MANAGE PROP. · OH · income $35,937 · assets $1,123,127
Directly controlled by CEDARVILLE
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUSTS (17)
Trust · CHARITABLE TRUSTS · OH
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403139349302575
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.