NORTHWEST NAZARENE UNIVERSITY INC

EIN: 820200907 501(c)(3) Education

NAMPA, ID

Total Revenue
$76,143,987
Total Expenses
$70,266,139
Total Assets
$189,613,610
Net Assets
$158,368,104
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
ID
Principal Officer
MARK DEMICHAEL
Phone
2084678525
Tax Period
2024-07-01 to 2025-06-30

NORTHWEST NAZARENE UNIVERSITY INC, founded in 1913, is a mid-sized nonprofit in the Education sector that reported $76.1M in total revenue in fiscal year 2024. Expenses of $70.3M left a modest 8% surplus.

Mission

THE MISSION OF NORTHWEST NAZARENE UNIVERSITY IS THE TRANSFORMATION OF THE WHOLE PERSON. CENTERED IN JESUS CHRIST, THE NNU EDUCATION INSTILLS HABITS OF HEART, SOUL, MIND AND STRENGTH TO ENABLE EACH STUDENT TO BECOME GOD'S CREATIVE AND REDEMPTIVE AGENT IN THE WORLD.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,137,335
Program Service Revenue $59,489,344
Investment Income $6,318,587
Other Revenue $198,721
TOTAL REVENUE $76,143,987

Expense Breakdown

Grants Paid $22,153,231
Salaries & Benefits $26,632,521
Fundraising Expenses $2,483,785
Program Expenses $61,692,267
Other Expenses $21,480,387
TOTAL EXPENSES $70,266,139

Year-over-Year Comparison

2024 2023 Change
Revenue $76,143,987 $76,555,586 0.0%
Expenses $70,266,139 $70,141,009 +0.0%
Net Income $5,877,848 $6,414,577 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
38
Independent Members
38
Employees
879
Volunteers
75

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
7
$750,093
Total Directors
40
$259,468
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL PEARSALL PRESIDENT 50.00
Officer Director
$217,733 $41,735 $259,468
MIKE ZAHARE CHAIR 1.50
Officer Director
$0 $0 $0
JEFF ALEXANDER VICE CHAIR 1.50
Officer Director
$0 $0 $0
JOY STREIGHT SECRETARY 1.50
Officer Director
$0 $0 $0
DARCY ARMSTRONG TRUSTEE 1.00
Director
$0 $0 $0
VIRGIL ASKREN TRUSTEE 1.00
Director
$0 $0 $0
KRISTINA BENEDICK TRUSTEE 1.00
Director
$0 $0 $0
GARY BORGHELLO TRUSTEE 1.00
Director
$0 $0 $0
KEVIN COMPTON TRUSTEE 1.00
Director
$0 $0 $0
RICK DANIELS TRUSTEE 1.50
Director
$0 $0 $0
HEIDI HAGEMEIER TRUSTEE 1.00
Director
$0 $0 $0
STEVE HAMILTON TRUSTEE 1.00
Director
$0 $0 $0
JOHNNY HAMPTON TRUSTEE 1.00
Director
$0 $0 $0
PAM HANDY TRUSTEE 1.00
Director
$0 $0 $0
JOHN HANNA TRUSTEE 1.00
Director
$0 $0 $0
PAUL HARTLEY TRUSTEE 1.00
Director
$0 $0 $0
FRANK HENDERSON TRUSTEE 1.00
Director
$0 $0 $0
PAULA KELLERER TRUSTEE 1.50
Director
$0 $0 $0
JOSEPH LANHAM TRUSTEE 1.50
Director
$0 $0 $0
LAURA LEHMAN TRUSTEE 1.00
Director
$0 $0 $0
JAYME LENKER TRUSTEE 1.00
Director
$0 $0 $0
DENNIS LINNELL TRUSTEE 1.00
Director
$0 $0 $0
DAVE MOWRY TRUSTEE 1.50
Director
$0 $0 $0
MELISSA MOWRY TRUSTEE 1.00
Director
$0 $0 $0
BECCA NOTBOHM TRUSTEE 1.00
Director
$0 $0 $0
MIKE O'NEILL TRUSTEE 1.00
Director
$0 $0 $0
MARIA QUICK TRUSTEE 1.50
Director
$0 $0 $0
BRETT RICKEY TRUSTEE 1.00
Director
$0 $0 $0
DAVID RODES TRUSTEE 1.00
Director
$0 $0 $0
MARK SCHMELZENBACH TRUSTEE 1.00
Director
$0 $0 $0
DALE SHAFER TRUSTEE 1.00
Director
$0 $0 $0
J SCOTT SHAW TRUSTEE 1.00
Director
$0 $0 $0
ROBERT SKINNER TRUSTEE 1.00
Director
$0 $0 $0
BRAD SWARTZENTRUBER TRUSTEE 1.00
Director
$0 $0 $0
BOB WALKER TRUSTEE 1.00
Director
$0 $0 $0
MILLIE WATKINS TRUSTEE 1.00
Director
$0 $0 $0
DAVE WESTMARK TRUSTEE 1.00
Director
$0 $0 $0
EVERETT TUSTIN TRUSTEE 1.00
Director
$0 $0 $0
CHAD WILKS TRUSTEE 1.50
Director
$0 $0 $0
MIKE YOST TRUSTEE 1.00
Director
$0 $0 $0
STEVE EMERSON VP OF FINANCE & OPERATIONS 48.00
Officer
$127,655 $72,004 $199,659
BRADLEY KURTZ-SHAW VP OF ACADEMIC AFFAIRS 50.00
Officer
$138,741 $9,637 $148,378
KELLI LINDLEY VICE PRESIDENT OF EXTERNAL AFFAIRS 50.00
Officer
$123,619 $18,969 $142,588
LINDA VALENZUELA DEAN OF THE SCHOOL OF NURSING 50.00
Highest
$109,245 $10,910 $120,155
LORI FAIRGRIEVE PROFESSOR OF COUNSELOR EDUCATION 50.00
Highest
$111,224 $4,247 $115,471
ELIZABETH LIST PSY.D. PROGRAM DIRECTOR 50.00
Highest
$132,160 $54,629 $186,789
KONYA WEBER ASSOCIATE DEAN; PROFESSOR OF BUSINESS 50.00
Highest
$110,516 $33,233 $143,749
BRENT PETERSON DEAN OF THE SCHOOL OF THEOLOGY 50.00
Highest
$143,444 $60,009 $203,453
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 $76,143,987 $70,266,139 $189,613,610 $5,877,848
2024 $76,555,586 $70,141,009 $178,517,335 $6,414,577
2023 $65,659,156 $66,420,204 $165,106,489 $-761,048
2022 $80,181,650 $65,819,752 $159,125,103 $14,361,898
2021 $68,926,923 $62,189,323 $167,062,709 $6,737,600
2020 $62,049,602 $59,434,375 $150,539,904 $2,615,227
2019 $61,540,342 $58,373,912 $142,945,517 $3,166,430
2018 $58,596,314 $56,988,784 $126,845,059 $1,607,530
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