NonprofitsUniversity Of Mount Olive Inc

Education

University Of Mount Olive Inc

MOUNT OLIVE, NC

Total revenue

$50.6M

Total expenses

$49.0M

Net assets

$83.4M

Grants received

$9.8M

136 grants

EIN

560623936

Tax year

2023

Mission

See schedule o

Financials

FY 2023

Revenue

Contributions & grants$5.7M
Program service revenue$43.4M
Investment income$1.6M
Other revenue
Total revenue$50.6M

Expenses

Grants paid$12.7M
Salaries & benefits$18.0M
Fundraising$741K
Other expenses$18.3M
Total expenses$49.0M
Total assets$101.6M
Net assets$83.4M

People

35 listed

NameRoleCompensation

DR EDWARD CROOM

PRESIDENT

Board

$375K

50 hrs/wk

KENNETH BUCHANAN

CFO/SVP BUSINESS & FINANCE

Board

$177K

50 hrs/wk

ANNE HAMM

EXEC ASST TO PRES/SECRETARY

Board

$50K

50 hrs/wk

ALBERT ELROD

TRUSTEE

Board

1 hrs/wk

BENJAMIN FORREST

TRUSTEE

Board

1 hrs/wk

JOHN HAWKINS

TRUSTEE

Board

1 hrs/wk

SYLVIA HERRING

TRUSTEE

Board

1 hrs/wk

RONNIE HOBGOOD

TRUSTEE

Board

1 hrs/wk

MARK HOBBS

TRUSTEE

Board

1 hrs/wk

BORDEN HOWELL

TRUSTEE

Board

1 hrs/wk

CAROLYN JERNIGAN

TRUSTEE

Board

1 hrs/wk

BOB JOHNSON

TRUSTEE

Board

1 hrs/wk

BOBBY JONES

TRUSTEE

Board

1 hrs/wk

JERILYN LEE

TRUSTEE

Board

1 hrs/wk

DAVID MCPHERSON

TRUSTEE

Board

1 hrs/wk

KIM QUINN

TRUSTEE

Board

1 hrs/wk

J MATTHEW RAST

TRUSTEE

Board

1 hrs/wk

SHANE SMITH

TRUSTEE

Board

1 hrs/wk

DUSK STROUD

TRUSTEE

Board

1 hrs/wk

ROBERT SUTTER

TRUSTEE

Board

1 hrs/wk

JODY TYSON

TRUSTEE

Board

1 hrs/wk

JOSH WHITFIELD

TRUSTEE

Board

1 hrs/wk

CHARLIE YOUNG

TRUSTEE

Board

1 hrs/wk

EARL WORLEY JR

BOARD CHAIR

Board

1 hrs/wk

DONNIE LASSITER

BOARD VICE CHAIR

Board

1 hrs/wk

WESLEY BEDDARD

TRUSTEE

Board

1 hrs/wk

BEVERLY BOYETTE

TRUSTEE

Board

1 hrs/wk

PAMELA BRAXTON

TRUSTEE

Board

1 hrs/wk

PAULA COATES

TRUSTEE

Board

1 hrs/wk

MARY DRUMMOND

TRUSTEE

Board

1 hrs/wk

W DAN SULLIVAN

SVP STUDENT AFFAIRS

Staff

$144K

50 hrs/wk

ELIZABETH CARRERE

EXECUTIVE VP FOR TECHNOLOGY

Staff

$143K

50 hrs/wk

KATHY BEST

DEAN - TILLMAN SCHOOL OF BUSIN

Staff

$129K

50 hrs/wk

TIMOTHY WOODARD

VP FOR ENROLLMENT, MKTG & COMM

Staff

$108K

50 hrs/wk

KENNETH HINES

CHAIR - DEPT OF CHRISTIAN STUD

Staff

$108K

50 hrs/wk

Independent contractors

SODEXO INC AFFILIATES

FOOD SERVICES

$2.8M

ACCENTURE LLP

ADVERTISING

$910K

HIGH STANDARD CLEANING

CLEANING SERVICES

$457K

SUNSTATES SECURITY LLC

SECURITY

$299K

SUNWAY CHARTERS

TRANSPORTATION

$240K

Grants received

Showing 136 of 136

FromAmountPurposeYear
$225K
KORNEGAY ARENA
2024
$179K
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2024
$125K
SCHOLARSHIPS FOR STUDENTS
2024
$90K
For general scholarship support.
2024
$87K
PER ENDOWMENTS SCHOLARSHIPS
2024
$20K
GENERAL PURPOSE
2024
$15K
SMALL GRAIN RESEARCH
2024
$10K
SCHOLARSHIP
2024
$8K
EDUCATIONAL
2024
$1.2M
THRIVING CONGREGATIONS INITIATIVE
2023
$1.2M
CHRISTIAN PARENTING &CAREGIVING INIT
2023
$225K
KORNEGAY ARENA (COMPLETION OF PHASE I)
2023
$225K
HVAC REPLACEMENT IN KORNEGAY ARENA
2023
$168K
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2023
$102K
GENERAL SUPPORT
2023
$102K
GENERAL SUPPORT
2023
$100K
SCHOLARSHIPS FOR STUDENTS
2023
$90K
For general scholarship support.
2023
$74K
PER ENDOWMENTS & SCHOLARSHIPS
2023
$41K
PRIVATE COLLEGES & UNIVERSITIES - SCHOLARSHIPS
2023
$29K
Grants/Scholarships
2023
$24K
PROVIDE SCHOLARSHIP FUNDS
2023
$20K
GENERAL PURPOSE
2023
$13K
PROGRAM SUPPORT
2023
$13K
PROGRAM SUPPORT
2023
$10K
AGRICULTURAL SCHOLARSHIP
2023
$10K
Educational support
2023
$8K
SCHOLARSHIPS
2023
$6K
EDUCATIONAL
2023
$5K
SUPPORT MISSION OF ORGANIZATION
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$3K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2023
$2K
EDUCATION
2023
$1K
SCHOLARSHIP
2023
$700K
SEE PART IV
2022
$250K
HENDERSON BUILDING FULL HVAC REPLACEMENT
2022
$164K
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2022
$150K
GENERAL SUPPORT
2022
$102K
GENERAL SUPPORT
2022
$80K
For general scholarship support.
2022
$65K
SCHOLARSHIPS FOR STUDENTS
2022
$50K
EDUCATION
2022
$31K
PROVIDE SCHOLARSHIP FUNDS
2022
$30K
EDUCATIONAL
2022
$20K
GENERAL PURPOSE
2022
$20K
Grants/Scholarships
2022
$13K
PROGRAM SUPPORT
2022
$13K
PROGRAM SUPPORT
2022
$10K
Educational Support
2022
$5K
STAFF DISCRETIONARY - GREATEST NEED
2022
$5K
EDUCATION
2022
$5K
Provide funds for higher educational purposes
2022
$3K
SUPPORT MISSION OF ORGANIZATION
2022
$3K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2022
$2K
Education
2022
$1K
GENERAL FUND
2022
$500
EMPLOYEE MATCHING GIFT DONATION
2022
$100
GENERAL SUPPORT
2022
$761K
THRIVING IN MINISTRY INITIATIVE
2021
$161K
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2021
$65K
SCHOLARSHIPS FOR STUDENTS OF THE UNIVERSITY OF MOUNT OLIVE
2021
$64K
For general scholarship support.
2021
$61K
Scholarships/Grants
2021
$52K
GENERAL SUPPORT
2021
$50K
EDUCATION
2021
$32K
PROVIDE SCHOLARSHIP FUNDS
2021
$21K
GENERAL PURPOSE
2021
$8K
EDUCATIONAL
2021
$6K
Provide funds for higher educational purposes
2021
$3K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2021
$3K
SUPPORT MISSION OF ORGANIZATION
2021
$2K
Program Support
2021
$2K
CHARITABLE
2021
$150
GENERAL FUND
2021
$204K
GENERAL SUPPORT
2020
$200K
THRIVING IN MINISTRY INITIATIVE
2020
$174K
PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2020
$150K
GRANT TO FUND SCHOLARSHIPS AND OPERATING EXPENSES RELATED TO HOMEGROWN TEACHERS ACADEMY
2020
$65K
SCHOLARSHIPS FOR STUDENTS OF THE UNIVERSITY OF MOUNT OLIVE
2020
$56K
Scholarships/Grants
2020
$55K
For general scholarship support.
2020
$50K
EDUCATION
2020
$38K
THRIVING IN MINISTRY INITIATIVE
2020
$22K
GENERAL PURPOSE
2020
$19K
PROVIDE SCHOLARSHIP FUNDS
2020
$12K
SCHOLARSHIPS
2020
$7K
Provide funds for higher educational purposes
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$3K
SUPPORT MISSION OF ORGANIZATION
2020
$2K
TO SUPPORT THE MISSION OF THE ORGANIZATION
2020
$2K
Education
2020
$2K
CHARITABLE
2020
$2K
PROGRAM SUPPORT
2020
$2K
PROGRAM SUPPORT
2020
$650
EMPLOYEE MATCHING GIFTS
2020
$200
GENERAL FUND
2020
$187K
PROVIDE SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
2019
$100K
GENERAL SUPPORT
2019
$77K
Scholarships/Grants
2019
$75K
UNRESTRICTED GENERAL SUPPORT
2019
$3K
SUPPORT MISSION OF ORGANIZATION
2019
$1K
Program Support
2019
$100K
GENERAL SUPPORT
2018
$16K
PROVIDE SCHOLARSHIP FUNDS
2018
$6K
For grant recipient's exempt purposes
2018
$5K
PROGRAM SUPPORT
2018
$3K
SUPPORT THE MISSION OF ORGANIZATION
2018
$1K
General Support
2018
$100K
APARTMENT BUILDING RENOVATIONS
2017
$50K
NURSING SCHOLARSHIPS
2017
$27K
PROVIDE SCHOLARSHIP FUNDS
2017
$22K
SCHOLARSHIPS/GRANTS
2017
$8K
GENERAL PURPOSE
2017
$2K
General Support
2017

Funded by

$9.8M from 45 funders · 136 grants · 2017–2024

Lilly Endowment Inc

$3.5M · 5 grants · 2020–2023

Otha E Herring Scholars Fund I

$1.0M · 6 grants · 2019–2024

Mount Olive Pickle Company

$761K · 7 grants · 2018–2024

Charles A Cannon Trust No 1

$705K · 4 grants · 2022–2024

The Golden Leaf Inc

$700K · 1 grant · 2022

Bryan Foundation Inc Co First Citizens

$420K · 5 grants · 2020–2024

Lettie Pate Whitehead Foundation Inc

$379K · 5 grants · 2020–2024

The Cannon Foundation Inc

$325K · 2 grants · 2017–2023

Details

EIN560623936
NTEE codeB420
Subsection03
Ruling date1959-10
Formed1951
Employees650
Volunteers235
UNIVERSITY OF MOUNT OLIVE INC — Mission, Financials & Grants Received | Grantivo