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Filing year 2023

ALBION COLLEGE

Albion, Michigan·EIN 38-1359081·NTEE B420 · Education·3
Total revenue
$100.6M
Total assets
$261.9M
Total expenses
$122M
Reported officers
33
Mission

ALBION COLLEGE IS AN UNDERGRADUATE, LIBERAL ARTS INSTITUTION COMMITTED TO ACADEMIC EXCELLENCE. WE ARE LEARNING-CENTERED AND RECOGNIZE THAT VALUABLE LEARNING TAKES PLACE IN AND OUTSIDE OF THE CLASSROOM, ON AND OFF THE CAMPUS.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
Prior President (severance Pay)
$351k
$388k
VP of Student Development
vice president
$311k
$344k
VP of Institutional Advancement
vice president
$310k
$342k
Chief Financial Officer
$249k
$275k
Interim President
$238k
$263k
$220k
$244k
VP of Enrollment
vice president
$197k
$218k
Interim Provost
highest compensated employee
$190k
$210k
VP of Belonging & Culture
vice president
$178k
$196k
Professor, Econ & Management
highest compensated employee
$174k
$192k
Assistant VP of Advancement
vice president
$164k
$182k
Asst. Professor, Econ & Management
highest compensated employee
$142k
$157k
Professor, Physics
highest compensated employee
$141k
$155k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Browse compensation in Education

Down 23%
from 2022

From $455k in 2022 to $351k in 2023.

$455k
2022
$351k
2023
In today's dollarsEst.
Down 26% in real terms$522k to $388k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ALBION COLLEGE reported revenue and expenses across 2 filing years.

RevenueExpenses
$103.9M
$124.4M
2022
$100.6M
$122M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $75,210.

25th percentile
$30k
Median
$75,210
75th percentile
$144k
90th percentile
$278k

These are education sector-wide figures, not this organization's reported pay. Based on 520 organizations across 520 filings (2021 – 2024).

See full Education pay data for Michigan
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