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Organizations Education University of Mount Olive Inc

University of Mount Olive Inc

Fiscal year ending 2024. Filed on May 9, 2025.

634 Henderson Street
Mount Olive, North Carolina 28365

University of Mount Olive Inc (EIN: 56-0623936) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, University of Mount Olive Inc, a 501(c)(3) charitable organization, reported compensation for 8 out of 650 total employees. Among the employees shown here, the average compensation is $176,529. The highest compensated employee at University of Mount Olive Inc is Dr Edward Croom with fiscal year 2024 compensation of $377,406.

Revenue, expenses, and employee compensation

Revenue

$50,616,977

Expenses

$49,017,880

Employee compensation

$17,992,759
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dr Edward Croom
President
$377,406
$375,357 No related comp$2,049
Kenneth Buchanan
Cfo/Svp Business and Finance
$219,144
$177,107 No related comp$42,037
Kathy Best
DEAN - Tillman School of Busin
$170,948
$129,193 No related comp$41,755
W Dan Sullivan
Senior Vice President Student Affairs
$170,844
$144,488 No related comp$26,356
Elizabeth Carrere
Executive Vice President for Technology
$151,587
$143,201 No related comp$8,386
Kenneth Hines
Chair - DEPT of Christian STUD
$130,925
$107,698 No related comp$23,227
Timothy Woodard
Vice President for Enrollment, MKTG and COMM
$130,357
$107,850 No related comp$22,507
Anne Hamm
EXEC ASST to Pres/Secretary
$61,017
$50,148 No related comp$10,869

Benchmark Employee Compensation

Non-Employee Board Members

Albert Elrod
Trustee
Benjamin Forrest
Trustee
Beverly Boyette
Trustee
Bob Johnson
Trustee
Bobby Jones
Trustee
Borden Howell
Trustee
Carolyn Jernigan
Trustee
Charlie Young
Trustee
David McPherson
Trustee
Donnie Lassiter
Board Vice Chair
Dusk Stroud
Trustee
Earl Worley Jr
Board Chair

Contractors

Sodexo Inc & Affiliates
Food
$2,820,757
Accenture LLP
Advertising
$910,084
High Standard Cleaning
Cleaning
$457,454
Sunstates Security LLC
Security
$298,830
Sunway Charters
Transportation
$239,773

Mission Statement

UNIVERSITY OF MOUNT OLIVE, INC. IS A CHRISTIAN FAITH-BASED, VALUES CENTERED PRIVATE INSTITUTION ROOTED IN THE LIBERAL ARTS TRADITION. WE SERVE OUR STUDENTS, OUR FOUNDING CHURCH, AND OUR COMMUNITIES.

Revisions to this organization profile

May 9, 2025:
2024 University of Mount Olive Inc 990 filed
April 18, 2024:
2023 University of Mount Olive Inc 990 filed
April 19, 2023:
2022 University of Mount Olive Inc 990 filed

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Other organizations also named University of Mount Olive

The University of Mount Olive Foundation
Mount Olive, North Carolina