EIN 56-0623936

University of Mount Olive

IRS 501(c) type
501(c)(3)
Num. employees
715
Year formed
1951
Most recent tax filings
2022-06-01
Description
The University of Mount Olive is a Christian faith-based, values-centered private institution rooted in the liberal arts tradition. They serve their students, their founding church, and their communities.
Total revenues
$62,113,692
2022
Total expenses
$52,274,279
2022
Total assets
$83,720,864
2022
Num. employees
715
2022

Program areas at University of Mount Olive

Christian faith-based, values-centered private higher education institution rooted in the liberal arts tradition. Student education and related services for approximately 5,000 students, auxiliary enterprises, operation of plant, food services, athletics and student housing.

Who funds University of Mount Olive

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Lilly EndowmentThriving in Ministry Initiative$761,383
Otha E Herring Scholarship Fund IProvide Funding for Scholarships for Residents of Duplin County and the Town of Mount Olive, NC Who Are Full Or Part-Time Students of Mount Olive College$161,294
The North Carolina Foundation for Christian MinistriesPer Endowments$77,435
...and 19 more grants received totalling $1,356,998
Federal funding details
Federal agencyProgram nameAmount
Department of EducationFEDERAL DIRECT STUDENT LOANS$14,273,230
Department of EducationFEDERAL PELL GRANT PROGRAM$4,463,709
Department of EducationEDUCATION STABILIZATION FUND$4,326,925
...and 7 more federal grants / contracts

Personnel at University of Mount Olive

NameTitleCompensation
Kenneth BuchananChief Financial Officer and Senior Vice President for Finance$68,363
Jeremy ShreveVice President Finance and Administration / Vice President Finance and Administrat / Vice President for Finance / Controller$139,450
Ken BuchananVice President for Finance
Timothy WoodardVice President Enrollment , Marketing and Communications$104,612
Jason GipeVice President - Advancement$130,987
...and 16 more key personnel

Financials for University of Mount Olive

RevenuesFYE 06/2022
Total grants, contributions, etc.$16,268,200
Program services$38,784,404
Investment income and dividends$864,261
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$843,961
Net income from fundraising events$-3,617
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,356,483
Total revenues$62,113,692

Form 990s for University of Mount Olive

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-19990View PDF
2021-062022-05-13990View PDF
2020-062021-04-27990View PDF
2019-062020-09-17990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like University of Mount Olive

OrganizationLocationRevenue
Ohio Northern University (ONU)Ada, OH$166,164,613
Anderson University (AU)Anderson, SC$130,183,026
Fresno Pacific University (FPU)Fresno, CA$92,044,682
Oakland City University (OCU)Oakland City, IN$29,434,813
Indiana Wesleyan University (IWU)Marion, IN$212,201,058
Queens University of CharlotteCharlotte, NC$81,135,661
Charleston Southern UniversityCharleston, SC$118,040,499
Chaminade University of HonoluluHonolulu, HI$78,361,559
Northwestern Media (UNWSP)Saint Paul, MN$124,304,779
Saint Francis UniversityLoretto, PA$103,685,117
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Updated personnel
Identified 12 new personnel
June 10, 2023
Used new vendors
Identified 2 new vendors, including , and
May 12, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
Education
Characteristics
ChristianReligiousFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
634 Henderson St
Mount Olive, NC 28365
Metro area
Goldsboro, NC
County
Wayne County, NC
Website URL
umo.edu/ 
Phone
(800) 653-0854
Facebook page
universityofmountolive 
Twitter profile
@officialumo 
IRS details
EIN
56-0623936
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1951
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
Central organization
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