Totals
- Total revenue
- $120,336,073
- Total expenses
- $107,184,287
- Contributions and grants received
- $10,307,346
- Grants paid
- $41,649,945
- Program service revenue
- $95,005,913
- Investment income
- $14,565,225
- Other revenue
- $457,589
- Total assets, end of year
- $343,621,500
- Total liabilities, end of year
- $21,247,143
- Net assets or fund balances, end of year
- $322,374,357
- Program services expenses (Part IX)
- $97,027,879
- Management and general expenses
- $7,951,231
- Fundraising expenses
- $2,205,177
- Program service expenses (Part III)
- $97,027,879
Program services were 90.5% 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.
-
1c · Fundraising events
$449,380
-
1e · Government grants (contributions)
$229,992
-
1f · All other contributions, gifts and grants
$9,627,974
-
1g · Noncash contributions included above
$1,265,869
-
2a · Program service revenue: Student Tuition
total $79,158,960 · related or exempt $79,158,960
-
2b · Program service revenue: Dormitories
total $8,946,904 · related or exempt $8,946,904
-
2c · Program service revenue: Food Service
total $5,717,213 · related or exempt $5,717,213
-
2d · Program service revenue: Book Store Sales
total $53,046 · related or exempt $53,046
-
2e · Program service revenue: Rental/Housing
total $56,571 · related or exempt $56,571
-
2f · All other program service revenue
total $1,073,219 · related or exempt $1,073,219 · unrelated business $0 · excluded $0
-
3 · Investment income
total $7,465,584 · unrelated business -$29,480 · excluded $7,495,064
-
5 · Royalties
total $3,906 · excluded $3,906
-
6a · Gross rents
real property $38,500
-
6c · Rental income or loss
real property $38,500 · personal property $0
-
6d · Net rental income or loss
total $38,500 · excluded $38,500
-
7a · Gross sales of assets other than inventory
securities $7,099,641
-
7c · Gain or loss
securities $7,099,641 · other assets $0
-
7d · Net gain or loss
total $7,099,641 · excluded $7,099,641
-
8a · Fundraising events: gross income
$449,380
-
8a · Fundraising events: contributions included on line 1c
$449,380
-
8b · Fundraising events: direct expenses
$34,197
-
8c · Net income from fundraising events
total $415,183 · excluded $415,183
-
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.
-
2 · Grants to domestic individuals
total $41,649,945 · program services $41,649,945
-
5 · Compensation of officers, directors and key employees
total $1,535,834 · program services $746,594 · management and general $568,933 · fundraising $220,307
-
7 · Other salaries and wages
total $26,571,723 · program services $23,284,324 · management and general $2,300,807 · fundraising $986,592
-
8 · Pension plan contributions
total $1,636,099 · program services $1,480,245 · management and general $107,299 · fundraising $48,555
-
9 · Other employee benefits
total $4,943,860 · program services $4,285,783 · management and general $562,167 · fundraising $95,910
-
10 · Payroll taxes
total $1,950,463 · program services $1,684,743 · management and general $187,246 · fundraising $78,474
-
11b · Fees: legal
total $95,903 · program services $297 · management and general $95,606
-
11c · Fees: accounting
total $134,919 · management and general $134,919
-
11e · Fees: professional fundraising services
total $18,233 · fundraising $18,233
-
11f · Fees: investment management
total $383,928 · management and general $383,928
-
11g · Fees: other
total $5,503,201 · program services $4,373,487 · management and general $1,079,595 · fundraising $50,119
-
12 · Advertising and promotion
total $392,601 · program services $237,929 · management and general $91,670 · fundraising $63,002
-
13 · Office expenses
total $4,633,993 · program services $4,039,306 · management and general $369,176 · fundraising $225,511
-
14 · Information technology
total $2,507,142 · program services $2,145,446 · management and general $321,826 · fundraising $39,870
-
16 · Occupancy
total $3,592,653 · program services $2,642,845 · management and general $864,039 · fundraising $85,769
-
17 · Travel
total $1,931,263 · program services $1,796,225 · management and general $76,939 · fundraising $58,099
-
19 · Conferences, conventions and meetings
total $700,697 · program services $422,371 · management and general $117,861 · fundraising $160,465
-
20 · Interest
total $394,125 · program services $390,576 · management and general $3,549
-
22 · Depreciation, depletion and amortization
total $5,869,572 · program services $5,655,865 · management and general $189,187 · fundraising $24,520
-
23 · Insurance
total $225,346 · program services $225,346
-
24a · Other expenses: DUES AND MEMBERSHIPS
total $294,383 · program services $161,874 · management and general $127,741 · fundraising $4,768
-
24b · Other expenses: EQUIPMENT
total $1,180,815 · program services $1,179,327 · management and general $1,195 · fundraising $293
-
24c · Other expenses: CATERING EXPENSE
total $169,048 · program services $97,919 · management and general $32,215 · fundraising $38,914
-
24d · Other expenses: COLLECTION EXPENSE
total $310,653 · management and general $310,653
-
24e · All other expenses
total $557,888 · program services $527,432 · management and general $24,680 · fundraising $5,776
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,499 · end of year $2,179
-
2 · Savings and temporary cash investments
beginning of year $29,788,741 · end of year $32,347,882
-
3 · Pledges and grants receivable
beginning of year $437,291 · end of year $376,580
-
4 · Accounts receivable
beginning of year $2,007,063 · end of year $3,103,947
-
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
-
7 · Other notes and loans receivable
beginning of year $439,666 · end of year $316,687
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$257,894,961
-
10b · Land, buildings and equipment: accumulated depreciation
$123,027,288
-
10c · Land, buildings and equipment, net
beginning of year $135,153,149 · end of year $134,867,673
-
11 · Investments: publicly traded securities
beginning of year $134,362,964 · end of year $146,113,641
-
12 · Investments: other securities
beginning of year $15,178,843 · end of year $14,191,545
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $11,078,454 · end of year $12,301,366
-
17 · Accounts payable and accrued expenses
beginning of year $5,608,498 · end of year $5,408,931
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $341,957 · end of year $189,226
-
20 · Tax-exempt bond liabilities
beginning of year $13,236,419 · end of year $11,961,661
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
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 $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $3,720,743 · end of year $3,687,325
-
27 · Net assets without donor restrictions
beginning of year $138,162,964 · end of year $140,627,325
-
28 · Net assets with donor restrictions
beginning of year $167,382,089 · end of year $181,747,032
Mission and programs · 2024
Mission
THE UNIVERSITY AFFIRMS THE INSTITUTION'S MISSION TO PREPARE STUDENTS FOR FULFILLING LIVES, MEANINGFUL WORK AND RESPONSIBLE CITIZENSHIP. THE UNIVERSITY OF MOUNT UNION OFFERS UNDERGRADUATE AND GRADUATE DEGREES IN A WIDE ARRAY OF ACADEMIC COURSEWORK IN KEEPING WITH THE LIBERAL ARTS TRADITION.
Activities or mission (Part I)
WITH APPROXIMATELY 45 UNDERGRAD MAJORS AND OVER 50 MINORS TO CHOOSE FROM, AS WELL AS MASTER'S AND DOCTORAL PROGRAMS, UNIVERSITY OF MOUNT UNION OFFERS A WIDE ARRAY OF ACADEMIC COURSES.
-
THE LARGEST PROGRAM SERVICE IS UNDERGRADUATE AND GRADUATE EDUCATION BACHELOR'S DEGREES IN ARTS, MUSIC, MUSIC EDUCATION AND SCIENCE ARE OFFERED. THERE ARE 46 MAJORS INCLUDING BUSINESS ADMINISTRATION, EDUCATION, AND SPORTS BUSINESS. MASTER'S DEGREES IN PHYSICIAN ASSISTANT STUDIES, EDUCATIONAL LEADERSHIP, AND BUSINESS ADMINISTRATION. DOCTORATE IN PHYSICAL THERAPY IS OFFERED. TOTAL ENROLMMENT FOR FALL 2024 WAS 2273
Expenses $81,329,508 · Grants $41,649,945 · Revenue $79,329,650
-
AUXILIARY SERVICES IS ONE OF THE LARGEST PROGRAM SERVICES WHICH INCLUDES HOUSING STUDENTS AND PROVIDING CONTRACTED FOOD SERVICES.
Expenses $10,157,418 · Revenue $14,821,410
-
INTERCOLLEGIATE ATHLETCIS IS A PROGRAM SERVICE THAT IS OFFERED TO OUR STUDENTS. THE UNIVERSITY HAS 25 DIFFERENT MEN'S AND WOMEN'S TEAMS AVAILABLE UNDER THE AUTHORITY OF NCAA DIVISION III. IN THE CURRENT YEAR, 845 STUDENTS COMPETED IN AT LEAST ONE SPORT AND THE UNIVERSITY HAS A STEEP TRADITION IN THE OHIO ATHLETIC CONFERENCE, THE THIRD OLDEST CONFERENCE IN THE COUNTRY. MANY OF OUR ATHLETIC TEAMS ARE VERY COMPETITIVE, BOTH WITHIN THE OAC AND ON A NATIONAL STAGE. PROGRAM EXPENSES WITHIN INTERCOLLEGIATE ATHLETICS REPRESENTS COMPENSATION FOR COACHES AND TEAM EXPENSES, WHILE REVENUE ONLY ENCOMPASSES TICKET SALES. AS A DIVISION III SCHOOL, MOUNT UNION OFFERS NO ATHLETIC SCHOLARSHIPS, ALLOWING OUR STUDENTS TO PARTICIPATE IN INTERCOLLEGIATE ATHLETICS AS AN EXTENSION OF THEIR OVERAL LIVING AND LEARNING EXPERIENCE.
Expenses $5,540,953 · Revenue $854,853
As filed on the 2024 return.
Listed in Part VII
-
Allen Green
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
April Mason
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Bradley Carman
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
C Reggie Thomas
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Chad Johnson
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Keller
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Edward Kolesar
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Eric Gordon
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Flint Brenton
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gerald Mastroianni
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen Schuler
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Harold Kolenbrander
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Heidi Bartholomew
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
J Lynne Biery
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
James Costanzo
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
James Eismon
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Joel Sassa
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
John Flynn
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Laurence Talley
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Lee Ann Thorn
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Mark Fedor
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Matthew Darrah
Chair - Board of Trustees
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Shaheen-Wires
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Hill
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas Walker
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Rachelle Brown
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Richard Drake
Vice Chair - Board of Trustees
- Total calculated
- $0
- Hours/week
- 1
-
Richard Marabito
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Curry
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Robert Newbold
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Scott Gindlesberger
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Sean Moore
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Stephanie Skitko
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Suzan Goris
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Victor Boschini
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
W Michael Jarrett
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Caitlin Clark
VP for Enrollment
- Total calculated
- $199,201
- From this org
- $153,198
- From related orgs
- $0
- Other
- $46,003
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,905
- Bonus
- $0
- Other
- $5,293
- Deferred
- $12,053
- Nontaxable benefits
- $33,950
- Filer's total
- $199,201
-
Gregory King
President
- Total calculated
- $469,454
- From this org
- $399,134
- From related orgs
- $0
- Other
- $70,320
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $356,277
- Bonus
- $0
- Other
- $42,857
- Deferred
- $58,688
- Nontaxable benefits
- $11,632
- Filer's total
- $469,454
-
John Frazier
VP For Student Affairs
- Total calculated
- $189,688
- From this org
- $174,556
- From related orgs
- $0
- Other
- $15,132
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,980
- Bonus
- $0
- Other
- $1,576
- Deferred
- $13,143
- Nontaxable benefits
- $1,989
- Filer's total
- $189,688
-
Logan Aguiniga
VP For Advancement
- Total calculated
- $166,712
- From this org
- $155,250
- From related orgs
- $0
- Other
- $11,462
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,750
- Bonus
- $0
- Other
- $9,500
- Deferred
- $11,194
- Nontaxable benefits
- $268
- Filer's total
- $166,712
-
Patrick Heddleston
Senior VP & CFO
- Total calculated
- $353,595
- From this org
- $280,994
- From related orgs
- $0
- Other
- $72,601
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $259,169
- Bonus
- $0
- Other
- $21,825
- Deferred
- $41,520
- Nontaxable benefits
- $31,081
- Filer's total
- $353,595
-
William Cunion
VP Academic Affairs
- Total calculated
- $157,183
- From this org
- $157,000
- From related orgs
- $0
- Other
- $183
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,000
- Bonus
- $0
- Other
- $7,000
- Deferred
- $0
- Nontaxable benefits
- $183
- Filer's total
- $157,183
-
Betsy Ekey
Professor, Physician Assistant
- Total calculated
- $149,495
- From this org
- $138,870
- From related orgs
- $0
- Other
- $10,625
- Hours/week
- 40
-
Bryan Boatright
Dean of Graduate, Digital, Continued Learning & Assoc VPAA
- Total calculated
- $172,713
- From this org
- $139,086
- From related orgs
- $0
- Other
- $33,627
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $101,086
- Bonus
- $0
- Other
- $38,000
- Deferred
- $10,819
- Nontaxable benefits
- $22,808
- Filer's total
- $172,713
-
Rodney Dick
Director of Retention | Lecturer, English
- Total calculated
- $136,184
- From this org
- $126,500
- From related orgs
- $0
- Other
- $9,684
- Hours/week
- 40
-
Sandy Madar
VP Academic Affairs/Dean CNHS
- Total calculated
- $222,194
- From this org
- $174,588
- From related orgs
- $0
- Other
- $47,606
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,988
- Bonus
- $0
- Other
- $28,600
- Deferred
- $13,658
- Nontaxable benefits
- $33,948
- Filer's total
- $222,194
-
Sheryl Holt
Director, Physical Therapy
- Total calculated
- $146,299
- From this org
- $135,358
- From related orgs
- $0
- Other
- $10,941
- Hours/week
- 40
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 · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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 Health or social club dues or initiation fees
- THE PRESIDENT AND THE CFO HAVE COUNTRY CLUB DUES PAID BY THE UNIVERSITY FOR BUSINESS ENTERTAINMENT PURPOSES. THE DUES IN COLUMN III ARE TAXABLE FOR PERSONAL USE. USAGE IS DOCUMENTED TO DETERMINE THE PERSONAL VERSUS BUSINESS USE.
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- THE FOLLOWING INDIVIDUALS PARTICIPATE IN A 457(F) PLAN THAT IS CONSIDERED A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. FOR YEAR ENDED JUNE 30, 2025 THE FOLLOWING EMPLOYER CONTRIBUTIONS WERE MADE: GREGORY KING: $30,000 PATRICK HEDDLESTON: $20,000
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.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHARITABLE REMAINDER TRUSTS (12)
Trust · CHARITABLE TR · OH
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 March 2026
- IRS schema version
- 2024v5.1
- Source object
- 202620799349300007
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