Union University

Organization Overview

Union University is located in Jackson, TN. The organization was established in 1968. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 07/2022, Union University employed 1,314 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Union University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 07/2022, Union University generated $103.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $98.1m during the year ending 07/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

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

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNION UNIVERSITY IS A PRIVATE, CHRISTIAN, FOUR-YEAR, COEDUCATIONAL, LIBERAL ARTS-BASED UNIVERSITY OFFERING BACHELOR'S, MASTER'S AND DOCTORAL DEGREES. FOUNDED IN 1823, UNION IS THE OLDEST INSTITUTION AFFILIATED WITH THE SOUTHERN BAPTIST CONVENTION. LOCATED IN JACKSON, TENNESSEE, UNION ALSO HAS EXTENSION CAMPUSES IN GERMANTOWN, MEMPHIS, AND HENDERSONVILLE, TENNESSEE. THE STUDENT BODY IS MADE UP OF 3,100 STUDENTS FROM 46 STATES AND 18 COUNTRIES.


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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Creative Dining Services
Food Service
$3,129,806
Eab Global
Marketing
$356,028
Ellucian Company
Software
$335,178
Elite Contractors
Construction
$247,192
Tennessee Industrial Printing
Print Services
$136,386
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$142,950
Related organizations$0
Government grants $6,230,381
All other contributions, gifts, grants, and similar amounts not included above$7,267,723
Noncash contributions included in lines 1a–1f $243,307
Total Revenue from Contributions, Gifts, Grants & Similar$13,641,054
Total Program Service Revenue$86,302,403
Investment income $1,317,481
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $488,628
Net Income from Fundraising Events -$169,286
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $103,290,604

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