EIN 36-2191252

Olivet Nazarene University (ONU)

IRS 501(c) type
501(c)(3)
Num. employees
1,867
Year formed
1907
Most recent tax filings
2022-06-01
Description
Olivet Nazarene University is a private, Christian, liberal arts university with additional School of Graduate and Continuing Studies locations in Rolling Meadows and Oak Brook, Illinois, the greater Chicago area and Hong Kong.
Total revenues
$142,248,844
2022
Total expenses
$143,704,720
2022
Total assets
$243,527,041
2022
Num. employees
1,867
2022

Program areas at ONU

Academic support - Awarding financial aid to eligible students.
Auxilliary enterprises - providing dormatories, cafeteria, campus communications, and conference income for students and others.
Instruction of students in a program of higher education.

Who funds Olivet Nazarene University (ONU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$511,750
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$329,554
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$179,625
...and 26 more grants received totalling $1,252,343
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$20,027,548
Department of EducationEDUCATION STABILIZATION FUND$10,151,483
Department of EducationFEDERAL PELL GRANT PROGRAM$4,442,339
...and 5 more federal grants / contracts

Personnel at ONU

NameTitleCompensation
David PickeringExecutive Vice President and Chief Financial Officer$171,246
Dr. David Pickering - ExecutiveExecutive Vice President and Chief Financial
Kathleen LueckemanChief Strategy Officer$155,435
Matthew FoorChief Accounting Officer and Controller
Brian AllenVice President for Institutional Advancement$155,837
...and 15 more key personnel

Financials for ONU

RevenuesFYE 06/2022
Total grants, contributions, etc.$19,689,218
Program services$119,767,579
Investment income and dividends$801,904
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$251,520
Net gain from sale of non-inventory assets$908,895
Net income from fundraising events$-69,675
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$899,403
Total revenues$142,248,844

Form 990s for ONU

Fiscal year endingDate received by IRSFormPDF link
2022-062022-11-15990View PDF
2021-062022-02-03990View PDF
2021-062021-11-16990View PDF
2020-062021-04-12990View PDF
2019-062020-12-18990View PDF
...and 9 more Form 990s

Organizations like ONU

OrganizationLocationRevenue
Canisius CollegeBuffalo, NY$104,179,636
Alvernia UniversityReading, PA$111,427,608
Saint Martin's UniversityLacey, WA$83,647,205
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
University of ScrantonScranton, PA$255,085,812
Le Moyne CollegeSyracuse, NY$160,365,899
St Mary's UniversitySan Antonio, TX$162,157,507
Mercyhurst UniversityErie, PA$162,924,977
Goshen CollegeGoshen, IN$55,570,567
Ferrum CollegeFerrum, VA$48,896,269
Data update history
July 6, 2023
Updated personnel
Identified 1 new personnel
July 4, 2023
Used new vendors
Identified 4 new vendors, including , , , and
June 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 4, 2023
Updated personnel
Identified 2 new personnel
May 22, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1 University Ave
Bourbonnais, IL 60914
Metro area
Kankakee, IL
County
Kankakee County, IL
Website URL
olivet.edu/ 
Phone
(800) 648-1463
Facebook page
OlivetNazareneUniversity 
Twitter profile
@olivetnazareneu 
IRS details
EIN
36-2191252
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1907
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
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