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.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.
| Position | Total |
|---|---|
Executive Director 25th percentile to median | $81k $89k |
President 25th percentile to median | $76k $84k |
VP of Enrollment Management Vice President 10th to 25th percentile | $60k $67k |
Vice President for Finance, CFO 10th to 25th percentile | $46k $51k |
VP of Academic Affairs Vice President 10th to 25th percentile | $36k $40k |
VP of Operations Vice President 10th to 25th percentile | $30k $33k |
VP Institutional Advancement Vice President Below 10th percentile | $20k $23k |
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 17 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Olivet Nazarene University Foundation equaled 1% of the organization's total expenses. The median for education organizations is 7%.
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 101%
from 2022
From $40k in 2022 to $81k in 2023.
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.
Chief Executive Officer pay rose 101% from 2022 to 2023, while revenue rose 12%.
- Vice President pay rose 91% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Olivet Nazarene University Foundation
What does the Chief Executive Officer of Olivet Nazarene University Foundation earn?
In 2023, the Chief Executive Officer of Olivet Nazarene University Foundation received $80,999 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Olivet Nazarene University Foundation 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 Foundation falls between the 25th percentile and the median. In 2023, the highest total compensation at Olivet Nazarene University Foundation equaled 1% of the organization's total expenses. The median for education organizations is 7%.
What are Olivet Nazarene University Foundation's revenue and expenses?
In 2023, Olivet Nazarene University Foundation reported $9.2M in total revenue and $6.4M in total expenses on its IRS Form 990.
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