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Filing year 2023

Mount Vernon Nazarene University

Mount Vernon, Ohio·EIN 31-0725957·NTEE B430 · Education·501(c)(3)
Total revenue
$60.9M
Total assets
$101M
Total expenses
$65.2M
Reported officers
36
Mission

Mount Vernon Nazarene University is an accredited four-year liberal arts University that confers two- and four-year degrees and graduate degrees in a variety of academic disciplines. In addition, it provides logistical support for the educational and theological efforts of the Church of the Nazarene and other like-minded religious and educational organizations.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Ohio.

President, CEO (retired 5-6-23)
75th to 90th percentile
$290k
$320k
Base
$217k
Bonus
Other
$18k
Benefits
$45k
VP for University Relations (thru 8-2024)
Board Vice President
Median to 75th percentile
$163k
$180k
Base
$113k
Bonus
Other
$6k
Benefits
$40k
VP for Finance, CFO
75th to 90th percentile
$158k
$174k
Base
$132k
Bonus
Other
Benefits
$22k
VP for Academic Affairs, Cao
Vice President
Median to 75th percentile
$154k
$170k
Base
$131k
Bonus
Other
Benefits
$19k
Associate Professor of Nursing
Highest Compensated Employee
25th percentile to median
$130k
$143k
Associate Campus Pastor (thru 12-2024)
Highest Compensated Employee
25th percentile to median
$117k
$129k
Professor of Bus & AVP Ie
Highest Compensated Employee
25th percentile to median
$104k
$114k
President, CEO (beg 10-2023)
25th percentile to median
$62k
$68k
Interim Transitional Leader (thru 9-2024)
Officer (Unspecified)
$50k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Mount Vernon Nazarene University equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $275k in 2022 to $290k in 2023.

$275k
2022
$290k
2023
In today's dollarsEst.
Up 2% in real terms$316k to $320k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue fell 7%.

$275k in 2022 to $290k in 2023.
  • Board Vice President pay fell 6% from 2022 to 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Mount Vernon Nazarene University

What does the Chief Executive Officer of Mount Vernon Nazarene University earn?

In 2023, the Chief Executive Officer of Mount Vernon Nazarene University received $290,119 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Mount Vernon Nazarene University compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Chief Executive Officer at Mount Vernon Nazarene University falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Mount Vernon Nazarene University equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are Mount Vernon Nazarene University's revenue and expenses?

In 2023, Mount Vernon Nazarene University reported $60.9M in total revenue and $65.2M in total expenses on its IRS Form 990.

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