Mount Carmel College of Nursing
Mount Carmel College of Nursing reported $22.3 million in revenue and $20.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $87.72 went to program services, $11.52 to management and general costs and $0.76 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 75.6% of the total. Government grants made up 11.8%. The highest compensation it reported for one person was $1,898,656 (FORMER OFFICER). Revenue fell 3% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $20MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.8% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.04 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 15.4% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 11.8% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 75.6% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,898,656 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 9.37% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 33.7 | 13.3 |
| Independent voting board members Part VI 1a–1b | 10 of 13 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEstablished in 1903 and located in columbus, ohio, the Mount Carmel College of Nursing (mccn) is a specialized institution with a focus on education in the health professions. Mccn offers a bachelor of science in nursing, a master of science, graduate certificate programs, and a doctor of nursing practice. Mccn ranks among the largest baccalaureate nursing programs in ohio. Through affiliation with Mount Carmel hospitals, mccn provides clinical experiences at four large acute-care hospitals, a drug/substance abuse center, a nursing/rehabilitation center, and a psychiatric facility. Mccn…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER OFFICER Former, 0.00 hrs/week | $0 | $1,593,270 | $305,386 | $1,898,656 |
| DIRECTOR; MOUNT CARMEL CEO Director/trustee, officer, 2.00 hrs/week | $0 | $842,723 | $60,742 | $903,465 |
| MOUNT CARMEL CFO Officer, 2.00 hrs/week | $0 | $549,581 | $33,956 | $583,537 |
| DIRECTOR; PRESIDENT Director/trustee, officer, 50.00 hrs/week | $0 | $384,628 | $14,079 | $398,707 |
| ACADEMIC DEAN Highest compensated employee, 40.00 hrs/week | $0 | $217,921 | $91,086 | $309,007 |
| SECRETARY; MT CARMEL ASSOC COUNSEL Officer, 2.00 hrs/week | $0 | $264,982 | $29,542 | $294,524 |
| DIRECTOR, FINANCE OPERATIONS Highest compensated employee, 40.00 hrs/week | $0 | $185,388 | $46,243 | $231,631 |
| ASSOCIATE DEAN Highest compensated employee, 40.00 hrs/week | $0 | $168,690 | $59,359 | $228,049 |
0 people received more than $100,000 in reportable compensation from Mount Carmel College of Nursing (Part VII, line 2). Compensation of current officers, directors and key employees totaled $399K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b13 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 611
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ASSESSMENT TECHNOLOGIES INSTITUTE LLC Virtual learning services | $402,793 |
| LIMBACH COMPANY LLC Construction services | $215,402 |
| NAI OHIO EQUITIES LLC Maintenance services | $115,822 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Mount Carmel College of Nursing totaling $66,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Mount Carmel College of Nursing's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mount Carmel College of Nursing, you can publish a response that is linked from this page.
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Of every $100 Mount Carmel College of Nursing spent in FY2025, $87.72 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Summit SchoolUpper Nyack, NY · revenue $22M · programs 90.3% · FY2025
- Hillel Day School of Metro DetroitFarmington Hills, MI · revenue $22M · programs 70.8% · FY2025
- Early Learning Coalition of Marion CountyOcala, FL · revenue $22M · programs 95.6% · FY2025
- University of the PeopleWilmington, DE · revenue $22M · programs 84.4% · FY2025
- New Paradigm for EducationDetroit, MI · revenue $22M · programs 77.2% · FY2025
Questions people ask
How much of Mount Carmel College of Nursing's spending goes to programs?
In the fiscal year ending June 30, 2025, Mount Carmel College of Nursing reported that 87.7% of its $20.3 million in expenses went to program services, 11.5% to management and general and 0.8% to fundraising (Form 990, Part IX).
How much does Mount Carmel College of Nursing pay its top executive?
The largest total compensation Mount Carmel College of Nursing reported for one person in the fiscal year ending June 30, 2025 was $1,898,656, for the role of FORMER OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mount Carmel College of Nursing get its money?
Of $22.3 million in revenue in the fiscal year ending June 30, 2025, 15.4% came from contributions and grants (including 11.8% from government grants) and 75.6% from program service revenue (Form 990, Part VIII).
Is Mount Carmel College of Nursing a registered charity?
The IRS lists EIN 31-1308555 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349306078 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349303816 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349306925 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341309349305769 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349301957 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349302757 · read the filing
All filings for EIN 31-1308555: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.