NonprofitsOlivet College

Education

Olivet College

OLIVET, MI

Total revenue

$43.0M

Total expenses

$46.9M

Net assets

$42.1M

Grants received

$10.1M

102 grants

EIN

381459365

Tax year

2023

Mission

Provide undergraduate and graduate instruction, both in person and online.

Programs

3 programs

Non-educational events for students - co-curricular programs offered to students. This includes athletics and student life events to enhance the educational experience.

Expenses: $9.3M

Instruction and related support - providing a liberal arts undergraduate education. 851 undergraduate students enrolled in fiscal year 2023-24.

Expenses: $8.1M

Auxiliary - room, board, athletics and spirit store for students obtaining their undergraduate education.

Expenses: $5.4M

Financials

FY 2023

Revenue

Contributions & grants$5.1M
Program service revenue$37.5M
Investment income$442K
Other revenue$31K
Total revenue$43.0M

Expenses

Grants paid$18.2M
Salaries & benefits$15.3M
Fundraising$965K
Other expenses$13.4M
Total expenses$46.9M
Total assets$78.8M
Net assets$42.1M

People

42 listed

NameRoleCompensation

DR STEVEN COREY

PRESIDENT

Board

$414K

40 hrs/wk

PAUL BURKHARDT

PROVOST

Board

$164K

40 hrs/wk

MARK DERUITER

VP/CFO

Board

$152K

40 hrs/wk

VICKI STOUFFER

VP FOR ADVANCEMENT

Board

$142K

40 hrs/wk

RYAN SHOCKEY

VP/CHIEF OF STAFF

Board

$111K

40 hrs/wk

CORNELIUS DARCY

VP ENROLLMENT MANAGEMENT (started 9/2023)

Board

$61K

40 hrs/wk

DR DARLENE LEE

TRUSTEE

Board

2 hrs/wk

DR JOHN SCHWARZ

TRUSTEE

Board

2 hrs/wk

DR JUSTIN KLAMERUS

TRUSTEE

Board

2 hrs/wk

DR STEPHEN BURTON

TRUSTEE

Board

2 hrs/wk

G ASENATH ANDREWS

TRUSTEE

Board

2 hrs/wk

JAMES ROSE JR

TRUSTEE

Board

2 hrs/wk

JAMEY FITZPATRICK

TRUSTEE

Board

2 hrs/wk

JASON CONKIN

TRUSTEE

Board

2 hrs/wk

JOHN JONES

TRUSTEE AT-LARGE

Board

2 hrs/wk

KAREN PRESTON

TRUSTEE

Board

2 hrs/wk

KAY KOSSEN

TRUSTEE

Board

2 hrs/wk

LINDA HARLESTON-EATON

TRUSTEE AT-LARGE

Board

2 hrs/wk

MIKE DIETERLE

TRUSTEE

Board

2 hrs/wk

PAMELA HEOS

TRUSTEE

Board

2 hrs/wk

ROD HATHAWAY

TRUSTEE

Board

2 hrs/wk

DR MARGARET DIMOND

VICE CHAIR

Board

2 hrs/wk

SARAH JENNINGS

TRUSTEE

Board

2 hrs/wk

SUE TOPPING

TRUSTEE

Board

2 hrs/wk

THOMAS BURKE

TRUSTEE

Board

2 hrs/wk

VERONICA MURFF

TRUSTEE

Board

2 hrs/wk

SARA WALLACE

TRUSTEE

Board

2 hrs/wk

DR SHARON HOBBS

SECRETARY

Board

2 hrs/wk

DR TIMOTHY HODGE

CHAIR

Board

2 hrs/wk

JEFF WILDERN

TREASURER

Board

3 hrs/wk

ALBERT ROSENTHALER

TRUSTEE

Board

2 hrs/wk

AUDRA CARSON

TRUSTEE

Board

2 hrs/wk

BREANNA O'KEEFE

TRUSTEE

Board

2 hrs/wk

CHUCK MEFFORD

TRUSTEE

Board

2 hrs/wk

DAVID LABRECQUE

TRUSTEE AT-LARGE

Board

2 hrs/wk

DENISE P HOOD

TRUSTEE

Board

2 hrs/wk

DR ALYSSA KENISTON

TRUSTEE

Board

2 hrs/wk

PHILLIP REED

FACULTY

Staff

$135K

40 hrs/wk

KIRK HENDERSHOTT-KRAETZER

FACULTY

Staff

$129K

40 hrs/wk

KAREN CHANEY

ASSOC. PROVOST

Staff

$111K

40 hrs/wk

DENNIS FRANK

PROGRAM DIRECTOR, COUNSELING

Staff

$111K

40 hrs/wk

BARRY POULSON

FACULTY

Staff

$110K

40 hrs/wk

Independent contractors

CHARTWELLS DINING SERVICES

FOOD SERVICE

$2.6M

TL CONTRACTING

CONSTRUCTION

$435K

Presidio Networked Solutions Group LLC

IT TECHNOLOGY

$395K

DK's Complete Home Improvement LLC

CONTRACTOR

$307K

GORDON CONSTRUCTIONS SERVICES

CONSTRUCTION

$250K

Grants received

Showing 102 of 102

FromAmountPurposeYear
$45K
THE UNIVERSITY OF OLIVET COLLEGIATE RECOVERY PROGRAM,OLIVET COLLEGE COLLEGIATE RECOVERY PROGRAM
2024
$25K
GENERAL SUPPORT
2024
$10K
GENERAL SUPPORT
2024
$750
For the general purposes or other charitable purposes of the organization.
2024
$400
GENERAL EXEMPT PURPOSE
2024
$900K
For grant recipient's exempt purposes
2023
$354K
EDUCATION
2023
$30K
OLIVET COLLEGE COLLEGIATE RECOVERY PROGRAM
2023
$10K
GENERAL SUPPORT
2023
$5K
COMMUNITY SUPPORT
2023
$3K
Program Support
2023
$3K
COMMUNITY SUPPORT
2023
$2K
Matching Grant
2023
$2K
Educational assistance
2023
$400
GENERAL EXEMPT PURPOSE
2023
$52
MATCHING GIFTS
2023
Unrestricted
2023
$540K
For grant recipient's exempt purposes
2022
$310K
EDUCATION
2022
$150K
GENERAL OPERATIONS
2022
$100K
CAPITAL CAMPAIGN
2022
$22K
MATCHING GRANT
2022
$10K
TO PROVIDE SUPPORT AT THE DISCRETION OF THE PRESIDENT
2022
$10K
GENERAL PURPOSE
2022
$10K
GENERAL SUPPORT
2022
$7K
GENERAL OPERATING SUPPORT
2022
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$6K
GENERAL SUPPORT
2022
$5K
CHARITABLE DONATION
2022
$3K
Program Support
2022
$2K
Educational assistance
2022
$1K
Unrestricted
2022
$750
For the general purposes or other charitable purposes of the organization.
2022
$500
GENERAL EXEMPT PURPOSE
2022
$500
MATCHING GIFTS
2022
$776K
For grant recipient's exempt purposes
2021
$776K
For grant recipient's exempt purposes
2021
$304K
EDUCATION
2021
$150K
CAPITAL CAMPAIGN
2021
$10K
GENERAL SUPPORT
2021
$2K
Program Support
2021
$2K
GENERAL OPERATING SUPPORT
2021
$1K
Unrestricted
2021
$440K
EDUCATION
2020
$255K
For grant recipient's exempt purposes
2020
$133K
GENERAL OPERATIONS
2020
$20K
PROGRAM SUPPORT
2020
$16K
Scholarships
2020
$10K
GENERAL SUPPORT
2020
$9K
GENERAL SUPPORT
2020
$7K
Scholarship Support
2020
$3K
Educational assistance
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$1K
SCHOLARSHIPS
2020
$500
Unrestricted
2020
$250
GENERAL EXEMPT PURPOSE
2020
$1.0M
For grant recipient's exempt purposes
2019
$303K
EDUCATION
2019
$9K
GENERAL SUPPORT
2019
$7K
Education
2019
$5K
Educational Assistance
2019
$1.0M
For grant recipient's exempt purposes
2018
$184K
EDUCATION
2018
$50K
FOR BSN PROGRAM (2018-19 SCHOOL YEAR)
2018
$25K
BOARD GRANT
2018
$11K
GENERAL PURPOSE
2018
$4K
Educational assistance
2018
$500
Unrestricted
2018
$1.0M
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$292K
EDUCATION
2017
$53K
Scholarships
2017
$3K
Matching Grant
2017

Funded by

$10.1M from 39 funders · 102 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$6.3M · 8 grants · 2017–2023

Michigan Colleges Alliance

$2.2M · 7 grants · 2017–2023

Community Foundation For Southeast

$651K · 4 grants · 2020–2024

The Steven F & Melinda I Roznowski

$250K · 2 grants · 2021–2022

Children's Hospital Of Michigan

$75K · 2 grants · 2023–2024

Lansing Promise

$69K · 2 grants · 2017–2020

American Endowment Foundation

$56K · 4 grants · 2020–2024

Champions Of Love Foundation Inc

$50K · 1 grant · 2022

Details

EIN381459365
NTEE codeB420
Subsection03
Ruling date1952-10
Formed1920
Employees588
Volunteers31
OLIVET COLLEGE — Mission, Financials & Grants Received | Grantivo