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Filing year 2023

Olivet Nazarene University

Bourbonnais, Illinois·EIN 36-2191252·NTEE B430 · Education·501(c)(3)
Total revenue
$134M
Total assets
$241.9M
Total expenses
$136.6M
Reported officers
82
Mission

To provide high-quality academic instruction for the purpose of personal development, career and professional readiness, and the preparation of individuals for lives of service to God and humanity.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$341k
$377k
Base
$254k
Bonus
$3k
Other
$8k
Benefits
$34k
VP of Academic Affairs
Vice President
Median to 75th percentile
$192k
$212k
Base
$150k
Bonus
$3k
Other
$2k
Benefits
$26k
Vice President for Finance, CFO
Median to 75th percentile
$184k
$203k
Base
$130k
Bonus
$3k
Other
$4k
Benefits
$37k
VP of Enrollment Management
Vice President
Median to 75th percentile
$182k
$201k
Base
$117k
Bonus
$3k
Other
$1k
Benefits
$54k
VP for Institutional Advancement
Vice President
Median to 75th percentile
$181k
$199k
Base
$151k
Bonus
$3k
Other
$6k
Benefits
$10k
Chair, History & Political Science
Board Chair
75th to 90th percentilevs Education peers nationwide
$175k
$194k
Base
$82k
Bonus
$3k
Other
$61k
Benefits
$24k
Dean Online Learning
Highest Compensated Employee
Median to 75th percentile
$170k
$188k
Base
$111k
Bonus
$3k
Other
$26k
Benefits
$23k
Dean of Education
Highest Compensated Employee
Median to 75th percentile
$168k
$185k
Base
$80k
Bonus
$3k
Other
$53k
Benefits
$26k
VP of Operations
Vice President
25th percentile to median
$166k
$183k
Base
$131k
Bonus
$3k
Other
$2k
Benefits
$21k
VP of Student Development
Vice President
25th percentile to median
$164k
$181k
Base
$130k
Bonus
$3k
Other
$486
Benefits
$23k
Prof Ug & Grad Ed
Highest Compensated Employee
Median to 75th percentile
$161k
$178k
Base
$77k
Bonus
$3k
Other
$52k
Benefits
$24k
Dean of the College of Professional Studies
Highest Compensated Employee
25th percentile to median
$139k
$153k
Trustee
Board Member
25th percentile to median
$5k
$6k
Trustee
Board Member
10th to 25th percentile
$2k
$2k

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 68 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Olivet Nazarene University equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
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.

Down 1%
from 2022

From $345k in 2022 to $341k in 2023.

$345k
2022
$341k
2023
In today's dollarsEst.
Down 5% in real terms$396k to $377k

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 fell 1% from 2022 to 2023, while revenue fell 10%.

$345k in 2022 to $341k in 2023.
  • Vice President pay rose 1% from 2022 to 2023.
  • Board Chair pay rose 6% 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 Olivet Nazarene University

What does the Chief Executive Officer of Olivet Nazarene University earn?

In 2023, the Chief Executive Officer of Olivet Nazarene University received $340,996 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at Olivet Nazarene University falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Olivet Nazarene University equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are Olivet Nazarene University's revenue and expenses?

In 2023, Olivet Nazarene University reported $134M in total revenue and $136.6M in total expenses on its IRS Form 990.

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