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Olivet College

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 381459365 ✦ Olivet, MI ✦ Designated as a 501(c)(3)

Overview

What is Olivet College?

Olivet College is a nonprofit institution based in Olivet, Michigan. They provide financial assistance in various forms to help students afford their undergraduate education. With 831 students benefited, Olivet College is dedicated to delivering a liberal arts education. Their unique approach combines real-world experiences, lectures, and service learning, ensuring a well-rounded education. The institution employs a team of 505 individuals, working together to make higher education more accessible.


Official website here: www.olivetcollege.edu

Is Olivet College legitimate?

Olivet College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olivet College submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,553,335
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,847,500

For more financial information, click here


Official website here: www.olivetcollege.edu

What is the mission statement of Olivet College?

Olivet College is dedicated to providing a unique liberal arts education for its students. This education goes beyond the classroom, allowing students to engage in both curricular and co-curricular programs that blend real-world experiences with lectures and service learning. The institution is committed to helping individuals finance their undergraduate education, as evidenced by the provision of various forms of financial aid, which benefited 831 students.


Official website here: www.olivetcollege.edu

Who is the CEO of Olivet College?

Mark Deruiter is the President of Olivet College.


Official website here: www.olivetcollege.edu

What is the revenue of Olivet College?

Olivet College's revenue in 2022 was $41,045,976.


Official website here: www.olivetcollege.edu

Who are the executives of Olivet College and what are their salaries?

The average compensation at Olivet College during 2022 was $20,596. There are 505 employees and 29 volunteers at Olivet College.

Here are 32 key members and their salaries:

    Dr Steven Corey (President)
  • Compensation: $431,221
  • Related: $0
  • Other: $46,007

    • Mark Deruiter (Vp/Cfo)
  • Compensation: $137,764
  • Related: $0
  • Other: $12,133

    • Maria Davis (Provost)
  • Compensation: $133,276
  • Related: $0
  • Other: $5,538

    • Mark Kellar Left 052022 (Vp Of Admissions)
  • Compensation: $122,548
  • Related: $0
  • Other: $5,238

    • Ryan Shockey (Vp And Chief Of Staff)
  • Compensation: $101,429
  • Related: $0
  • Other: $20,746

    • Vicki Stouffer Start 072021 (Vp Advancement)
  • Compensation: $66,311
  • Related: $0
  • Other: $2,165

    • G Asenath Andrews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Craig Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Burke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Conkin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Dieterle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Margaret Dimond (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Melanie Engels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamey Fitzpatrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hathaway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rod Hathaway (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Heos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Sharon Hobbs (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Timothy Hodge (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise P Hood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Jones (Trustee At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Justin Klamerus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Kolassa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Labrecque (Trustee At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Lothamer (Vice Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Mefford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Rose Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Rosenthaler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr John Schwarz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Shufelt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Wildern (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.olivetcollege.edu

    Where can I find the form 990 for Olivet College?

    The Olivet College’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.olivetcollege.edu

    Learn more at the official website: www.olivetcollege.edu

    Mission Statement of Olivet College

    Olivet College, a nonprofit institution, is dedicated to providing a distinctive liberal arts education. This mission enables students to participate in a well-rounded academic experience, integrating both curricular and co-curricular programs. Real-world experiences, lectures, and service learning are combined, fostering a comprehensive education that goes beyond the classroom.

    To facilitate access to higher education, Olivet College offers financial aid in various forms. These resources assist individuals in financing their undergraduate education. As a result, the institution has successfully benefited 831 students. The financial aid program plays a crucial role in making education more accessible and affordable for a diverse student body.

    Impact

    This information is meant to be a general summary of Olivet College. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Olivet College's impact can be seen through its commitment to providing a unique liberal arts education that combines real-world experiences with lectures and service learning opportunities. Through financial aid in various forms, Olivet College has assisted 831 students in financing their undergraduate education, enabling them to engage in both curricular and co-curricular programs that enhance their knowledge and skills. This institution in Olivet, MI, plays a vital role in shaping the lives of its students and preparing them for success in their future endeavors.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,465,647
  • Program Service Revenue: $31,504,193
  • Gross Receipts: $48,685,179

    • Assets and Liabilities:
  • Total Assets: $55,278,439
  • Total Liabilities: $11,015,775
  • Net Assets: $44,262,664
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $24,411,582

    AUXILLARY REVENUE

    Revenue

    $6,206,649

    ACTIVITIES REVENUE

    Revenue

    $505,845

    MISCELLENOUS PROGRAM REVENUE

    Revenue

    $380,117

    Organization Details

    Founding Year

    1920

    Principal Officer

    Mark Deruiter

    Main Address

    320 SOUTH MAIN STREET, OLIVET, MI, 49076

    NTEE Category

    Code: B42 - Education

    If you are a representative of Olivet College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.