Mount Vernon Nazarene University logo

Mount Vernon Nazarene University

Public charity · Grantmaker Mount Vernon, OH EIN: 31-0725957 Website

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.

Key facts about Mount Vernon Nazarene University

EIN
31-0725957
Latest 990 filing
Form 990, 2025
Total assets
$98,370,027

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$98.4M

-2.6% YoY

Revenue

$69.2M

+13.6% YoY

Net Investment Income

$3.5M

+19.7% YoY

Expenses

$72.0M

+10.4% YoY

About Mount Vernon Nazarene University

Based on IRS filings

Mount Vernon Nazarene University is a public charity focused on Education, based in Mount Vernon, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $98.4M in total assets. Net investment income was $3.5M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Mount Vernon

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grants20201 grants20210 grants20220 grants20230 grants20240 grants2025

From 2020 to 2021, annual grant giving ranged from $6K (2020) to $117K (2021). In 2021 it made 1 grant totaling $117K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M202020212022202320242025
Metric202520242023
Total Assets$98,370,027$101,004,988$104,873,942
Revenue$69,234,477$60,940,732$65,850,690
Expenses$71,980,344$65,171,011$64,990,645
Net Investment Income$3,488,615$2,915,498$2,873,936

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 27, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)

Leadership & Key People

Officers and directors from IRS filings

Mount Vernon Nazarene University is led by Carson Castleman, President & CEO on every filing since 2024; 9 of 38 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Carson Castleman

    President & CEO

    On filings since 2024

    40 hrs/week

    $56K (2024) → $293K (2025)

  • Edward J. Phillips

    Chairperson & Board of Trustees

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Kevin Chaney

    Director of Academic & Curriculum Services

    New on the 2025 filing

    40 hrs/week

    $103K (2025)

  • Amy Kovach

    Vice President for Academic Affairs & CAO

    On filings since 2024

    40 hrs/week

    $131K (2024) → $126K (2025)

  • David Wilson

    Interim Transitional Leader

    On filings since 2024

    40 hrs/week

    $50K (2024) → $0 (2025)

  • Scott L. Campbell

    Vice President for Finance & CFO

    On filings since 2024

    40 hrs/week

    $132K (2024) → $138K (2025)

  • Eric Stetler III

    Vice President of Academic Affairs

    New on the 2025 filing

    40 hrs/week

    $129K (2025)

  • Johnna Vanover

    Vice President of University Marketing & Caps Enrollment

    New on the 2025 filing

    40 hrs/week

    $114K (2025)

  • Jose Oommen Kockalummoottil

    Professor of Electrical & Computer Engineering

    New on the 2025 filing

    40 hrs/week

    $100K (2025)

  • Stephen Spraker

    Vice President for Student Life

    New on the 2025 filing

    40 hrs/week

    $101K (2025)

  • Steve Storck

    Interim CFO

    New on the 2025 filing

    40 hrs/week

    $36K (2025)

  • Adam M. Carr

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Andrew J. Monnin

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bret M. Layton

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Cathy M. Manson

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Christopher M. Weghorst

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • David B. Lutz

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Douglas S. Wyatt

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Douglas W. Boquist

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dwayne P. Mills

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • J. Kevin Dennis

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • James D. Radcliffe

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kari D. Taylor

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Kathy G. Greenich

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Larry J. Hammond

    Secretary & Board of Trustees

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Laura E. Crouch

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mark Maddux

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Paige M. Graves

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Phillip E. Grate

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Robert S. Mahaffey

    Vice Chair, Board of Trustees, Member & Board of Trustees

    On filings since 2024

    2 hrs/week

    No compensation reported

  • Russell T. Bailey

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Samuel S. Barber

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Thomas G. Messenger

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Wendell D. Brown

    Member & Board of Trustees

    On filings since 2024

    1 hr/week

    No compensation reported

  • Colleen Derr

    Vice President for Academic Affairs & CAO

    New on the 2025 filing

    40 hrs/week

    No compensation reported

  • Edward L. Estep

    Member & Board of Trustees

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Kimberly A. Stock

    Member & Board of Trustees

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Terry R. Blosser

    Member & Board of Trustees

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Angela Castleman (2024) — Member & Board of Trustees
  • Former: Daryl L. Blank (2024) — Member & Board of Trustees
  • Former: Henry Spaulding III (2024) — Associate Campus Pastor
  • Former: Henry W. Spaulding (2024) — President & CEO
  • Former: James W. Smith (2024) — Vice President for University Relations
  • Former: Judy Gregg (2024) — Associate Professor of Nursing
  • Former: Melanie Timmerman (2024) — Professor of Bus & Assistant Vice President Ie

Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Carson Castleman — President, CEO: $293KCarson CastlemanPresident, CEO$293KScott L Campbell — VP for Finance, CFO (Thru 1-2025): $138KScott L CampbellVP for Finance, CFO (Thru…$138KEric Stetler III — VP of Academic Affairs: $129KEric Stetler IIIVP of Academic Affairs$129KAmy Kovach — VP for Academic Affairs, Cao (Thru 1-2025): $126KAmy KovachVP for Academic Affairs, Cao…$126KJohnna Vanover — VP of University Marketing & CAPS Enrollment: $114KJohnna VanoverVP of University Marketing &…$114KKevin Chaney — Director of Academic and Curriculum Services: $103KKevin ChaneyDirector of Academic and…$103KStephen Spraker — VP for Student Life: $101KStephen SprakerVP for Student Life$101KJose Oommen Kockalummoottil — Professor of Electrical & Computer Engineering: $100KJose Oommen…Professor of Electrical &…$100KSteve Storck — Interim CFO: $36KSteve StorckInterim CFO$36K

The highest reported compensation on the 2025 filing was $293K, to Carson Castleman (President, CEO). 9 officers or directors reported compensation on that filing.

Frequently asked questions about Mount Vernon Nazarene University

How large is Mount Vernon Nazarene University?

Mount Vernon Nazarene University reported $98.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $69.2M.

What is Mount Vernon Nazarene University?

Mount Vernon Nazarene University is a public charity focused on Education, based in Mount Vernon, OH. It holds $98.4M in total assets as of 2025.

Where does Mount Vernon Nazarene University operate?

Mount Vernon Nazarene University has awarded grants in Ohio.

What is Mount Vernon Nazarene University's EIN?

Mount Vernon Nazarene University's EIN (Employer Identification Number) is 31-0725957. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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