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Filing year 2023

ALVERNIA UNIVERSITY

Reading, Pennsylvania·EIN 23-1522643·501(c)(3)
Total revenue
$109.2M
Total assets
$228.1M
Total expenses
$109.3M
Reported officers
54
Mission

ALVERNIA UNIVERSITY IS A CATHOLIC COMPREHENSIVE UNIVERSITY WITH A LIBERAL ARTS FOUNDATION FOUNDED BY THE BERNARDINE FRANCISCAN SISTERS IN 1958. SEE CONTINUATION ON SCHEDULE O.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 18 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Consulting Executive Director
Above 90th percentile
$632k
Base
$423k
Bonus
$168k
Other
—
Benefits
$12k
President As of July
Above 90th percentile
$415k
Base
$338k
Bonus
$32k
Other
—
Benefits
$19k
Svp, Coo, Secretary
75th to 90th percentile
$278k
Base
$208k
Bonus
$32k
Other
—
Benefits
$18k
Svp, Enrollment Mgmt & Student Affairs
Median to 75th percentile
$252k
Base
$214k
Bonus
$21k
Other
—
Benefits
—
Vp, Chief Operations Office
Vice President
75th to 90th percentile
$241k
Base
$189k
Bonus
$18k
Other
—
Benefits
$18k
Vp, Advancement & Government
Vice President
75th to 90th percentile
$228k
Base
$181k
Bonus
$22k
Other
—
Benefits
$8k
Dean, College of Health Sciences
Key Employee
Median to 75th percentile
$197k
Base
$165k
Bonus
—
Other
—
Benefits
$18k
Vp, Business Affairs
Vice President
75th to 90th percentile
$191k
Base
$154k
Bonus
$14k
Other
—
Benefits
$9k
Vp, Graduate & Adult Education
Vice President
75th to 90th percentile
$190k
Base
$154k
Bonus
$14k
Other
—
Benefits
$9k
Dean, Business Comm. & Leadership
Key Employee
Median to 75th percentile
$189k
Base
$158k
Bonus
—
Other
—
Benefits
$18k
Vp, Mission Diversity & Inclusion
Vice President
75th to 90th percentile
$183k
Base
$141k
Bonus
$12k
Other
—
Benefits
$17k
Associate Provost
Highest Compensated Employee
Median to 75th percentile
$183k
Base
$151k
Bonus
—
Other
—
Benefits
$20k
Dean, College of Humanities & Social Services
Key Employee
Median to 75th percentile
$178k
Base
$150k
Bonus
—
Other
—
Benefits
$16k
Director of Physician Assistant Progam
Highest Compensated Employee
Median to 75th percentile
$177k
Base
$155k
Bonus
—
Other
—
Benefits
$9k
Professor
Highest Compensated Employee
25th percentile to median
$151k
Base
$126k
Bonus
—
Other
—
Benefits
$15k
Associate Professor
Highest Compensated Employee
25th percentile to median
$148k
Professor
Highest Compensated Employee
25th percentile to median
$146k
Svp, Provost As of Aug
10th to 25th percentile
$102k

Plus 36 unpaid individuals.

Funded by

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

Held steady
from 2022

From $630k in 2022 to $632k in 2023.

$630k
2022
$632k
2023
Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 1%.

$630k in 2022 to $632k in 2023.
  • Chief Operating Officer pay rose 3% from 2022 to 2023.
  • Senior Vice President pay rose 1% 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.
Financial trend

Revenue and expenses over time

ALVERNIA UNIVERSITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$110.6M
$104.7M
2022
$109.2M
$109.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ALVERNIA UNIVERSITY

What does the Chief Executive Officer of ALVERNIA UNIVERSITY earn?

In 2023, the Chief Executive Officer of ALVERNIA UNIVERSITY received $631,749 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALVERNIA UNIVERSITY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ALVERNIA UNIVERSITY falls in the top 10%.

What are ALVERNIA UNIVERSITY's revenue and expenses?

In 2023, ALVERNIA UNIVERSITY reported $109.2M in total revenue and $109.3M in total expenses on its IRS Form 990.

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