UNION UNIVERSITY

EIN: 620516509 501(c)(3) Education

JACKSON, TN

Total Revenue
$113,725,836
Total Expenses
$99,401,156
Total Assets
$242,370,249
Net Assets
$216,531,143
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1925
Legal Domicile
TN
Principal Officer
SAMUEL DUB OLIVER
Phone
7316681818
Tax Period
2024-08-01 to 2025-07-31

UNION UNIVERSITY, founded in 1925, is a major nonprofit in the Education sector that reported $113.7M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $99.4M left a modest 13% surplus.

Mission

UNION UNIVERSITY PROVIDES CHRIST-CENTERED EDUCATION THAT PROMOTES EXCELLENCE AND CHARACTER DEVELOPMENT IN SERVICE TO CHURCH AND SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $80,144,848 Revenue: $74,383,774

UNION UNIVERSITY IS A PRIVATE, CHRISTIAN, FOUR-YEAR, COEDUCATIONAL, LIBERAL ARTS-BASED UNIVERSITY OFFERING BACHELOR'S, MASTER'S, AND DOCTORAL DEGREES, AND IS FOSTERED BY THE TENNESSEE BAPTIST...

Read more

UNION UNIVERSITY IS A PRIVATE, CHRISTIAN, FOUR-YEAR, COEDUCATIONAL, LIBERAL ARTS-BASED UNIVERSITY OFFERING BACHELOR'S, MASTER'S, AND DOCTORAL DEGREES, AND IS FOSTERED BY THE TENNESSEE BAPTIST CONVENTION. FOUNDED IN 1823 AND LOCATED IN JACKSON, TENNESSEE, UNION ALSO HAS EXTENSION CAMPUSES IN GERMANTOWN, AND HENDERSONVILLE, TENNESSEE. THE STUDENT BODY IS MADE UP OF 2,700 STUDENTS FROM 46 STATES AND 8 COUNTRIES.

Program 2
Expenses: $11,400,352 Revenue: $16,755,075

HIGHER EDUCATION AUXILIARY ENTERPRISES SUCH AS STUDENT HOUSING AND MEAL PLAN SALES. RESIDENCE LIFE IS UNIQUELY ARRANGED IN APARTMENT-STYLE HOUSING WITH THE VAST MAJORITY OF OUR HOUSING FEATURING A...

Read more

HIGHER EDUCATION AUXILIARY ENTERPRISES SUCH AS STUDENT HOUSING AND MEAL PLAN SALES. RESIDENCE LIFE IS UNIQUELY ARRANGED IN APARTMENT-STYLE HOUSING WITH THE VAST MAJORITY OF OUR HOUSING FEATURING A PRIVATE BEDROOM FOR EACH INDIVIDUAL STUDENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,206,285
Program Service Revenue $91,359,651
Investment Income $4,575,406
Other Revenue $3,584,494
TOTAL REVENUE $113,725,836

Expense Breakdown

Grants Paid $30,060,556
Salaries & Benefits $42,505,516
Fundraising Expenses $936,768
Program Expenses $91,545,200
Other Expenses $26,745,134
TOTAL EXPENSES $99,401,156

Year-over-Year Comparison

2024 2023 Change
Revenue $113,725,836 $104,790,662 +0.1%
Expenses $99,401,156 $94,752,486 +0.0%
Net Income $14,324,680 $10,038,176 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
27
Independent Members
26
Employees
1174
Volunteers
29

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$579,263
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF PERKINS CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOSH DOUGAN VICE CHAIRMAN 1.00
Officer Director
$0 $0 $0
KAY GRIFFIN SECRETARY 1.00
Officer Director
$0 $0 $0
CHUCK BAKER TRUSTEE 1.00
Director
$0 $0 $0
TRENT BULLOCK TRUSTEE 1.00
Director
$0 $0 $0
JAKE BYNUM TRUSTEE 1.00
Director
$0 $0 $0
BILL DEMENT TRUSTEE 1.00
Director
$0 $0 $0
ADAM DOOLEY TRUSTEE 1.00
Director
$0 $0 $0
JIM FARMER TRUSTEE 1.00
Director
$0 $0 $0
GIL FLETCHER TRUSTEE 1.00
Director
$0 $0 $0
DAVID GUTHRIE TRUSTEE 1.00
Director
$0 $0 $0
OMAR L HAMADA TRUSTEE 1.00
Director
$0 $0 $0
JAY HARDWICK TRUSTEE 1.00
Director
$0 $0 $0
ROBYN HARI TRUSTEE 1.00
Director
$0 $0 $0
NORM HILL TRUSTEE 1.00
Director
$0 $0 $0
BRANDON JAMES TRUSTEE 1.00
Director
$0 $0 $0
ROD JAMES TRUSTEE 1.00
Director
$0 $0 $0
KYLAN MANN TRUSTEE 1.00
Director
$0 $0 $0
ROB RASH TRUSTEE 1.00
Director
$0 $0 $0
LISA ROGERS TRUSTEE 1.00
Director
$0 $0 $0
DAVID SHERZER TRUSTEE 1.00
Director
$0 $0 $0
HARRY SMITH TRUSTEE 1.00
Director
$0 $0 $0
BRIAN TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
GARY TAYLOR TRUSTEE 1.00
Director
$0 $0 $0
JOSHUA TRENT TRUSTEE 1.00
Director
$0 $0 $0
CHERIE WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
RAMONA YATES TRUSTEE 1.00
Director
$0 $0 $0
WARREN NUNN TRUSTEE (PART YEAR) 1.00
Director
$0 $0 $0
LINDA SHOAF TRUSTEE (PART YEAR) 1.00
Director
$0 $0 $0
SAMUEL DUB OLIVER PRESIDENT & CEO 40.00
Officer
$289,949 $122,163 $412,112
RICK TAPHORN CFO/VP BUS AFFAIRS 40.00
Officer
$125,616 $41,535 $167,151
MARK CAMPBELL WOMEN'S BASKETBALL COACH & ATH. DIRECTOR 40.00
Highest
$167,544 $87,887 $255,431
DAVID KUHL PROF - SCH OF PHARMACY 40.00
Highest
$160,855 $72,088 $232,943
ANDREW MARTIN PROF - SCH OF PHARMACY 40.00
Highest
$135,998 $106,703 $242,701
JOHN CARBONELL AVP - HR 40.00
Highest
$112,702 $108,647 $221,349
DANIEL SLATER DEAN - SCH OF BUSINESS 40.00
Highest
$154,100 $67,365 $221,465
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $113,725,836 $99,401,156 $242,370,249 $14,324,680
2024 $104,790,662 $94,752,486 $219,146,327 $10,038,176
2023 $102,176,523 $95,382,990 $202,249,840 $6,793,533
2022 $103,290,604 $98,095,312 $193,669,100 $5,195,292
2021 $102,279,913 $92,443,205 $196,250,850 $9,836,708
2020 $89,960,505 $90,838,837 $182,799,113 $-878,332
2019 $107,085,757 $91,196,389 $182,594,388 $15,889,368
2018 $92,307,673 $89,408,240 $175,177,912 $2,899,433
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare UNION UNIVERSITY with other nonprofits in Tennessee and across the country.