Skip to main content

Nonprofit · EIN 31-0725957

MOUNT VERNON NAZARENE UNIVERSITY

Tax-exempt · MOUNT VERNON, OH 43050

Financials

$65.9M$65M2022$60.9M$65.2M2023$69.2M$72M2024
Revenue Expenses · by fiscal year end
Financials of MOUNT VERNON NAZARENE UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$69,234,477$71,980,344-$2,745,867$98,370,027$9,908,109$88,461,918
June 30, 2024990$60,940,732$65,171,011-$4,230,279$101,004,988$10,765,523$90,239,465
June 30, 2023990$65,850,690$64,990,645$860,045$104,873,942$12,169,662$92,704,280
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,606,062
of which government grants
$224,726
Program service revenue
$59,685,037
Investment income
$3,488,615
Net rental income
$60,082
Net gain from sales of assets
$2,457,535
Other revenue
$454,763

Expenses

Grants and similar amounts paid
$31,799,219
Compensation of officers, directors and key employees
$599,512
Other salaries and wages
$17,835,076
Salaries, compensation and benefits (total)
$24,025,599
Professional fundraising fees
$0
Legal fees
$92,377
Accounting fees
$73,235
Occupancy
$2,190,515
Travel
$1,303,514
Depreciation
$2,934,073
Program services (functional)
$62,566,060
Management and general (functional)
$8,300,287
Fundraising (functional)
$1,113,997

Balance sheet and other

Total assets, start of year
$101,004,988
Total assets, end of year
$98,370,027
Total liabilities, end of year
$9,908,109
Net assets, end of year
$88,461,918
Land, buildings and equipment
$56,482,632
Publicly traded securities
$33,314,495
Net assets without donor restrictions
$58,354,147
Net assets with donor restrictions
$30,107,771
Gross unrelated business income
$131,545
Gross receipts
$85,192,414
Employees
1,181
Volunteers
50
Year formed
1968
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CARSON CASTLEMANPRESIDENT, CEO
Officer
40$293,309$34,890
SCOTT L CAMPBELLVP FOR FINANCE, CFO (THRU 1-2025)
Officer
40$138,058$25,713
ERIC STETLER IIIVP of Academic Affairs
Highest-paid employee
40$129,085$34,041
AMY KOVACHVP FOR ACADEMIC AFFAIRS, CAO (THRU 1-2025)
Officer
40$125,769$22,196
JOSE OOMMEN KOCKALUMMOOTTILProfessor of Electrical & Computer Engineering
Highest-paid employee
40$100,116$28,929
JOHNNA VANOVERVP of University Marketing & CAPS Enrollment
Highest-paid employee
40$114,007$14,868
STEPHEN SPRAKERVP for Student Life
Highest-paid employee
40$100,880$27,327
KEVIN CHANEYDirector of Academic and Curriculum Services
Highest-paid employee
40$103,121$1,862
Steve StorckInterim CFO
Officer
40$36,000$0
EDWARD J PHILLIPSCHAIRPERSON, BOARD OF TRUSTEES
Trustee or director, Officer
3$0$0
LARRY J HAMMONDSECRETARY, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ROBERT J MAHAFFEYVICE-CHAIR, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ADAM M CARRMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
ANDREW J MONNINMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
BRET M LAYTONMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
24 more people on this return
NameTitleHours / weekCompensation
CATHY M MANSONMEMBER, BOARD OF TRUSTEES (THRU 8-2024)
Trustee or director
1$0
CHRISTOPHER M WEGHORSTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
DAVID B LUTZMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
DOUGLAS S WYATTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
DOUGLAS W BOQUISTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
DWAYNE P MILLSMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
EDWARD L ESTEPMEMBER, BOARD OF TRUSTEES (BEG 10-2024)
Trustee or director
1$0
J KEVIN DENNISMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
JAMES D RADCLIFFEMEMBER, BOARD OF TRUSTEES (THRU 1-2025)
Trustee or director
1$0
KARI D TAYLORMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
KATHY G GREENICHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
KIMBERLY A STOCKMEMBER, BOARD OF TRUSTEES (BEG 8-2024)
Trustee or director
1$0
LAURA E CROUCHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
MARK MADDUXMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
PAIGE M GRAVESMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
PHILLIP E GRATEMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
ROBERT S MAHAFFEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
RUSSELL T BAILEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
SAMUEL S BARBERMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
TERRY R BLOSSERMEMBER, BOARD OF TRUSTEES (BEG 8-2024)
Trustee or director
1$0
THOMAS G MESSENGERMEMBER, BOARD OF TRUSTEES (THRU 8-2024)
Trustee or director
1$0
WENDELL D BROWNMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0
COLLEEN DERRVP FOR ACADEMIC AFFAIRS, CAO (BEG 2-2025)
Officer
40$0
DAVID WILSONINTERIM TRANSITIONAL LEADER (THRU 9-2024)
Officer
40$0
990 for the year ended June 30, 2024: 36 people
NameTitleHours / weekCompensationOther / benefits
HENRY W SPAULDINGPRESIDENT, CEO (RETIRED 5-6-23)
Former
40$234,422$55,697
JAMES W SMITHVP FOR UNIVERSITY RELATIONS (Thru 8-2024)
Highest-paid employee
40$119,157$43,760
SCOTT L CAMPBELLVP FOR FINANCE, CFO
Officer
40$131,820$26,126
AMY KOVACHVP FOR ACADEMIC AFFAIRS, CAO
Officer
40$131,444$22,771
JUDY GREGGASSOCIATE PROFESSOR OF NURSING
Highest-paid employee
40$101,220$28,316
HENRY SPAULDING IIIASSOCIATE CAMPUS PASTOR (THRU 12-2024)
Highest-paid employee
40$104,657$12,172
MELANIE TIMMERMANPROFESSOR OF BUS & AVP IE
Highest-paid employee
40$100,704$2,805
CARSON CASTLEMANPRESIDENT, CEO (BEG 10-2023)
Officer
40$56,385$5,301
DAVID WILSONINTERIM TRANSITIONAL LEADER (THRU 9-2024)
Officer
40$50,000$0
EDWARD J PHILLIPSCHAIRPERSON, BOARD OF TRUSTEES
Trustee or director, Officer
3$0$0
LARRY J HAMMONDSECRETARY, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ROBERT J MAHAFFEYVICE-CHAIR, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ADAM M CARRMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
ANDREW MONNINMEMBER, BOARD OF TRUSTEES (BEG 9-2023)
Trustee or director
–$0$0
ANGELA CASTLEMANMEMBER, BOARD OF TRUSTEES (THRU 8-2023)
Trustee or director
1$0$0
BRET M LAYTONMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
CATHY M MANSONMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
CHRISTOPHER WEGHORSTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DARYL L BLANKMEMBER, BOARD OF TRUSTEES (Thru 5-2024)
Trustee or director
1$0$0
DAVID B LUTZMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DOUGLAS S WYATTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DOUGLAS W BOQUISTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DWAYNE P MILLSMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
J KEVIN DENNISMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
JAMES D RADCLIFFEMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
KARI TAYLORMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
KATHY G GREENICHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
LAURA E CROUCHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
MARK MADDUXMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
PAIGE GRAVESMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
PHILLIP E GRATEMEMBER, BOARD OF TRUSTEES (BEG 11-2023)
Trustee or director
1$0$0
ROBERT S MAHAFFEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
RUSSELL BAILEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
SAMUEL BARBERMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
THOMAS G MESSENGERMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
WENDELL D BROWNMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 32 people
NameTitleHours / weekCompensationOther / benefits
HENRY W SPAULDINGPRESIDENT, CEO
Officer
40$202,652$72,629
JAMES W SMITHVP FOR UNIVERSITY RELATIONS
Highest-paid employee
40$118,656$54,996
SCOTT L CAMPBELLVP FOR FINANCE, CFO
Officer
40$126,543$27,278
B BARNETT COCHRANVP FOR ACADEMIC AFFAIRS, CAO (thru 6/2022)
Officer
40$81,247$7,206
AMY KOVACHVP FOR ACADEMIC AFFAIRS, CAO
Officer
40$65,698$9,629
EDWARD J PHILLIPSCHAIRPERSON, BOARD OF TRUSTEES (Beg 11/2022)
Trustee or director, Officer
3$0$0
LARRY J HAMMONDSECRETARY, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ROBERT J MAHAFFEYVICE-CHAIR, BOARD OF TRUSTEES
Trustee or director, Officer
2$0$0
ADAM M CARRMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
ANGELA L CASTLEMANMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
BRET M LAYTONMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
CATHY M MANSONMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
CHRISTOPHER WEGHORSTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
D GEOFFREY KUNSELMANMEMBER, BOARD OF TRUSTEES (thru 3/2023)
Trustee or director
1$0$0
DARYL L BLANKMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DAVID B LUTZMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
Deborah MonroeMEMBER, BOARD OF TRUSTEES (thru 8/2022)
Trustee or director
1$0$0
DOUGLAS S WYATTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DOUGLAS W BOQUISTMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
DWAYNE P MILLSMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
J KEVIN DENNISMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
JAMES D RADCLIFFEMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
KARI TAYLORMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
KATHY G GREENICHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
LAURA E CROUCHMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
Mark MadduxMEMBER, BOARD OF TRUSTEES (Beg 8/2022)
Trustee or director
1$0$0
PAIGE GRAVESMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
ROBERT S MAHAFFEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
RUSSELL BAILEYMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
SAMUEL BARBERMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
THOMAS G MESSENGERMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0
WENDELL D BROWNMEMBER, BOARD OF TRUSTEES
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
800 MARTINSBURG RD, MOUNT VERNON, OH 43050-9509
Principal officer (990 for 2024)
Carson Castleman, 800 Martinsburg Road, Mount Vernon, OH 43050
Signed the 990
Michaelia Black, VP for Finance, CFO
Phone
(740) 397-9000
Return prepared by
CROWE LLP

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.

990 for the year ended June 30, 2025

Program accomplishments

  • The University is a four-year institution of higher education offering the degrees of Associate in Arts, Associate in Applied Science, Bachelor of Arts, Bachelor of Science, Masters of Business Administration, Masters of Science in Management, Master of Arts in Education, and such other Baccalaureate and Graduate degrees as may be authorized by the Board of Trustees of the University, and permitted by the State of Ohio and the Higher Learning Commission; Member - North Central Association. For the year ended June 30, 2025, the University conferred 395 undergraduate and graduate degrees. Average enrollment head count was 2,048 students.
    Expenses $62,491,943 · grants $31,799,219 · revenue $59,852,888
  • The University provides logistical and facility support for like-minded religious and educational organizations. Organizations historically served include The North Central Ohio District Church of the Nazarene, the National Christian School Athletic Association, the YMCA Great Lakes Leaders Training School, area primary and secondary schools, local first responder organizations and many others.
    Expenses $74,117 · revenue $65,695

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-0725957
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1963
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$98,370,027
Income (IRS master file)
$85,192,414

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$69,234,477$71,980,344$98,370,027XML
990-TJune 2025–––IRS
990June 2024$60,940,732$65,171,011$101,004,988IRS
990-TJune 2024–––IRS
990June 2023$65,850,690$64,990,645$104,873,942XML
990-TJune 2023–––IRS
990June 2022$63,465,382$64,716,074$102,841,076IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990May 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-0725957).

Questions about MOUNT VERNON NAZARENE UNIVERSITY

What is the EIN of MOUNT VERNON NAZARENE UNIVERSITY?
The employer identification number (EIN) of MOUNT VERNON NAZARENE UNIVERSITY is 31-0725957.
Is MOUNT VERNON NAZARENE UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
Which annual return does MOUNT VERNON NAZARENE UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MOUNT VERNON NAZARENE UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MOUNT VERNON NAZARENE UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MOUNT VERNON NAZARENE UNIVERSITY?
The 990 for the year ended June 30, 2025 names Carson Castleman.
Who are the officers and directors of MOUNT VERNON NAZARENE UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 39 people; 9 received compensation from the organization, the highest $293,309 (CARSON CASTLEMAN, PRESIDENT, CEO).
How much revenue does MOUNT VERNON NAZARENE UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $69,234,477, expenses of $71,980,344 and total assets of $98,370,027 at year end.

Other nonprofits in MOUNT VERNON

All nonprofits in MOUNT VERNON · Ohio · Education