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Filing year 2023

ALBION COLLEGE

Albion, Michigan·EIN 38-1359081·NTEE B420 · Education·501(c)(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 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Prior President (severance Pay)
Above 90th percentile
$351k
$388k
Base
$345k
Bonus
Other
Benefits
$7k
VP of Student Development
Vice President
75th to 90th percentilevs Education peers nationwide
$311k
$344k
Base
$280k
Bonus
Other
Benefits
$9k
VP of Institutional Advancement
Vice President
75th to 90th percentilevs Education peers nationwide
$310k
$342k
Base
$265k
Bonus
Other
Benefits
$22k
Chief Financial Officer
Above 90th percentile
$249k
$275k
Base
$245k
Bonus
Other
Benefits
$4k
Interim President
75th to 90th percentile
$238k
$263k
Base
$206k
Bonus
Other
Benefits
$32k
President
75th to 90th percentile
$220k
$244k
Base
$188k
Bonus
Other
Benefits
$11k
VP of Enrollment
Vice President
Median to 75th percentilevs Education peers nationwide
$197k
$218k
Base
$169k
Bonus
Other
Benefits
$9k
Interim Provost
Highest Compensated Employee
Median to 75th percentile
$190k
$210k
Base
$162k
Bonus
Other
Benefits
$9k
VP of Belonging & Culture
Vice President
Median to 75th percentilevs Education peers nationwide
$178k
$196k
Base
$141k
Bonus
Other
Benefits
$22k
Professor, Econ & Management
Highest Compensated Employee
Median to 75th percentile
$174k
$192k
Base
$153k
Bonus
Other
Benefits
$9k
Assistant VP of Advancement
Board Vice President
25th percentile to medianvs Education peers nationwide
$164k
$182k
Base
$124k
Bonus
Other
Benefits
$25k
Asst. Professor, Econ & Management
Highest Compensated Employee
25th percentile to median
$142k
$157k
Professor, Physics
Highest Compensated Employee
25th percentile to median
$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

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ALBION COLLEGE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Vice President pay rose 46% from 2022 to 2023, while revenue fell 3%.

$214k in 2022 to $311k in 2023.
  • Chief Financial Officer pay rose 24% from 2022 to 2023.
  • Highest Compensated Employee pay rose 17% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALBION COLLEGE

What does the Chief Executive Officer of ALBION COLLEGE earn?

In 2023, the Chief Executive Officer of ALBION COLLEGE received $351,398 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALBION COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at ALBION COLLEGE falls in the top 10%. In 2023, the highest total compensation at ALBION COLLEGE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are ALBION COLLEGE's revenue and expenses?

In 2023, ALBION COLLEGE reported $100.6M in total revenue and $122M in total expenses on its IRS Form 990.

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