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Filing year 2023

ALMA COLLEGE

Alma, Michigan·EIN 38-1359083·NTEE B420 · Education·501(c)(3)
Total revenue
$90.4M
Total assets
$259.6M
Total expenses
$93M
Reported officers
41
Mission

Alma College's mission is to prepare graduates who think critically, serve generously, lead purposefully and live responsibly as stewards

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 16 reported individuals · Filing year 2023

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

President
Above 90th percentilevs Education peers in Michigan
$480k
$531k
Base
$350k
Bonus
Other
$26k
Benefits
$13k
Chief Operating Officer
75th to 90th percentile
$262k
$289k
Base
$138k
Bonus
Other
$112k
Benefits
$665
Vice President of Advancement
Board Vice President
Median to 75th percentile
$245k
$271k
Base
$97k
Bonus
Other
$134k
Benefits
$7k
Vice President of Finance
Vice President
Median to 75th percentile
$212k
$234k
Base
$174k
Bonus
$9k
Other
Benefits
$14k
Vice President of Student Affairs
Vice President
Median to 75th percentile
$181k
$200k
Base
$145k
Bonus
$8k
Other
$4k
Benefits
$14k
Vice President of Human Resources
Vice President
Median to 75th percentile
$175k
$193k
Base
$160k
Bonus
$8k
Other
$3k
Benefits
$867
Vice President for Communication and Marketing
Vice President
Median to 75th percentile
$161k
$178k
Base
$136k
Bonus
$7k
Other
$2k
Benefits
$5k
Faculty
Highest Compensated Employee
25th percentile to medianvs Education peers in Michigan
$148k
$164k
Chief Information Officer
25th percentile to median
$145k
$160k
Faculty
Highest Compensated Employee
25th percentile to medianvs Education peers in Michigan
$141k
$156k
Head Football Coach
Highest Compensated Employee
25th percentile to medianvs Education peers in Michigan
$139k
$153k
Vice President/director of Athletics
Median to 75th percentilevs Education peers in Michigan
$138k
$153k
Faculty
Highest Compensated Employee
10th to 25th percentilevs Education peers in Michigan
$130k
$144k
Provost
Officer (Unspecified)
$111k
$123k
Chief Operating Officer
10th to 25th percentile
$90k
$100k
Vice President for Advancement
Vice President
10th to 25th percentile
$38k
$42k

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 25 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ALMA COLLEGE equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
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 9%
from 2022

From $529k in 2022 to $480k in 2023.

$529k
2022
$480k
2023
In today's dollarsEst.
Down 13% in real terms$607k to $531k

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

Chief Executive Officer pay fell 9% from 2022 to 2023, while revenue rose 4%.

$529k in 2022 to $480k in 2023.
  • Chief Operating Officer pay rose 6% from 2022 to 2023.
  • Board Vice President pay rose 42% 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 ALMA COLLEGE

What does the Chief Executive Officer of ALMA COLLEGE earn?

In 2023, the Chief Executive Officer of ALMA COLLEGE received $480,366 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 ALMA COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at ALMA COLLEGE falls in the top 10%. In 2023, the highest total compensation at ALMA COLLEGE equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are ALMA COLLEGE's revenue and expenses?

In 2023, ALMA COLLEGE reported $90.4M in total revenue and $93M in total expenses on its IRS Form 990.

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