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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Olivet Nazarene University Foundation

Olivet Nazarene University Foundation

Fiscal year ending 2023. Filed on April 4, 2024.

387 S Main St
Bourbonnais, Illinois 60914

Olivet Nazarene University Foundation (EIN: 23-7063419) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Olivet Nazarene University Foundation, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $172,076. The highest compensated employee at Olivet Nazarene University Foundation is Dr Gregg Chenoweth with fiscal year 2023 compensation of $345,269.

Revenue, expenses, and employee compensation

Revenue

$8,245,158

Expenses

$6,071,171

Employee compensation

$9,111
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Gregg Chenoweth
President
$345,269
$0 $305,037 $40,232
Dr David Pickering
Vice President
$190,258
$0 $158,742 $31,516
Dr Stephen Lowe
Vice President
$178,082
$0 $147,650 $30,432
Dr Brian Allen
Vice President
$174,365
$0 $154,955 $19,410
David Vanheemst
Chair, Dept of His
$164,796
$0 $139,181 $25,615
Mr Woody Webb
Vice President
$153,363
$0 $124,868 $28,495
Dr Jay Martinson
Dean Online Learn
$148,475
$0 $120,843 $27,632
Mr Jeffery Stark
Director Grad Pr STCM
$148,321
$0 $124,655 $23,666
Dr Amber Residori
Dean Co of Pro St
$131,111
$0 $123,377 $7,734
Mr Marcus Reddy
Vice President
$130,968
$0 $105,882 $25,086
Mr Dennis Seymour
Information Technology Director
$127,829
$0 $111,090 $16,739

Benchmark Employee Compensation

Non-Employee Board Members

Mr Robby Lalumendre
Vice President, Operations
$133,670
$0 $107,109 $26,561
Mr Matthew Foor
Vice President, Finance
$112,799
$0 $105,520 $7,279
Mr Jason Stephens
Vice President
$74,361
$0 $63,243 $11,118
Mr Don Walker
Director
No compensation reported
Mr Mick McGraw
Director
No compensation reported
Mr Richard Dykhouse
Director
No compensation reported
Mr Harvey Gifford
Director
No compensation reported
George Kalemkarian
Director
No compensation reported
Dr William Slattery
Director
No compensation reported
Mr Dan Rexroth
Vice Chair
No compensation reported
Rev David McCool
Director
No compensation reported
Dr Jeriel A Beard
Director
No compensation reported

Contractors

Fund Evaluation Group
CIO
$173,396

Mission Statement

Receive, administer, and expend funds for religious, educational, charitable, and scientific purposes in connection with promoting and assisting the educational services of Olivet Nazarene University.

Revisions to this organization profile

May 15, 2025:
2024 Olivet Nazarene University Foundation 990 filed
April 4, 2024:
2023 Olivet Nazarene University Foundation 990 filed
October 25, 2022:
2022 Olivet Nazarene University Foundation 990 filed

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