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  4. Olivet Nazarene University (ONU)
EIN 36-2191252

Olivet Nazarene University (ONU)

IRS 501(c) type
501(c)(3)
Num. employees
1,880
City
Bourbonnais
State
Illinois
Year formed
1907
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
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
$148,624,413
2023
Total expenses
$142,538,178
2023
Total assets
$252,143,166
2023
Num. employees
1,880
2023

Program areas at ONU

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

Who funds Olivet Nazarene University (ONU)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncGrowth$423,750
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$214,360
Riverside Medical CenterSponsorship$57,000
...and 18 more grants received totalling $860,758

Personnel at ONU

NameTitleCompensation
Dr. David Pickering - ExecutiveExecutive Vice President and Chief Financial
Matt FoorVice President for Finance , Chief Financial Officer
Dennis SeymourChief Info Officer / Chief Information Officer / Human Resources and Bus Serv$111,090
Kathleen LueckemanChief Strategy Officer$155,435
Rob LalumendreVice President of Operations$107,109
...and 14 more key personnel

Financials for ONU

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,006,981
Program services$118,984,585
Investment income and dividends$1,506,622
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$148,288
Net gain from sale of non-inventory assets$-256,851
Net income from fundraising events$-43,453
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,278,241
Total revenues$148,624,413

Form 990s for ONU

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062022-11-15990View PDF
2021-062022-02-03990View PDF
2021-062021-11-16990View PDF
2020-062021-04-12990View PDF
...and 10 more Form 990s

Organizations like ONU

OrganizationLocationRevenue
Le Moyne CollegeSyracuse, NY$148,595,597
Georgetown CollegeGeorgetown, KY$66,932,324
Saint Martin's UniversityLacey, WA$75,811,810
Canisius UniversityBuffalo, NY$99,933,030
Northwestern Media (UNWSP)Saint Paul, MN$124,259,575
University of ScrantonScranton, PA$257,549,602
Alvernia UniversityReading, PA$110,643,942
Molloy UniversityRockville Centre, NY$159,204,626
Elmhurst UniversityElmhurst, IL$139,557,739
Concordia College CorporationMoorhead, MN$93,695,769
Data update history
March 26, 2025
Received grants
Identified 10 new grant, including a grant for $423,750 from National Christian Foundation / Natl Christian Charitable FDN Inc
October 23, 2024
Received grants
Identified 2 new grant, including a grant for $20,000 from American Endowment Foundation
August 9, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 25, 2024
Updated personnel
Identified 11 new personnel
July 13, 2024
Received grants
Identified 2 new grant, including a grant for $2,500 from Marquette Bank Education Foundation
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
ChristianReligiousLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online 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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