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Filing year 2023

ASSUMPTION UNIVERSITY

Worcester, Massachusetts·EIN 04-2105776·NTEE B420 · Education·501(c)(3)
Total revenue
$127.1M
Total assets
$239.3M
Total expenses
$129.3M
Reported officers
42
Mission

ASSUMPTION UNIVERSITY IS A COMPREHENSIVE, CATHOLIC LIBERAL ARTS INSTITUTION SPONSORED BY THE AUGUSTINIANS OF THE ASSUMPTION. WE AWAKEN IN STUDENTS A SENSE OF WONDER, DISCOVERY, AND PURPOSE, FORMING GRADUATES KNOWN FOR THEIR INTELLECTUAL SERIOUSNESS, THOUGHTFUL CITIZENSHIP, AND DEVOTION TO THE COMMON GOOD. OUR CURRICULAR AND CO-CURRICULAR PROGRAMS PROVIDE STUDENTS WITH AN EDUCATION THAT SHAPES THEIR SOULS, FORMS THEM INTELLECTUALLY, AND PREPARES THEM FOR MEANINGFUL CAREERS. WE ARE A DIVERSE COMMUNITY THAT WELCOMES DIFFERENT POINTS OF VIEW AND EMBRACES ALL WHO SHARE OUR MISSION. ENLIVENED BY THE CATHOLIC AFFIRMATION OF THE HARMONY OF FAITH AND REASON, AND BY THE PURSUIT OF THE TRUTH IN THE COMPANY OF FRIENDS, AN ASSUMPTION EDUCATION TRANSFORMS THE MIND AND HEARTS OF STUDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 15 reported individuals · Filing year 2023

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

President
Above 90th percentile
$498k
$556k
Base
$398k
Bonus
Other
$2k
Benefits
$26k
Former President
Former Officer/director/trustee
75th to 90th percentile
$431k
$481k
Base
Bonus
Other
$431k
Benefits
Treasurer, VP Fin. & Admin
Vice President
Median to 75th percentile
$313k
$350k
Base
$260k
Bonus
Other
$4k
Benefits
$26k
VP Enrollment
Board Vice President
75th to 90th percentile
$278k
$311k
Base
$230k
Bonus
Other
$4k
Benefits
$24k
Professor
Highest Compensated Employee
Median to 75th percentile
$254k
$283k
Base
$76k
Bonus
Other
$160k
Benefits
$10k
Provost
Officer (Unspecified)
$253k
$283k
Base
$205k
Bonus
Other
$2k
Benefits
$28k
Dean
Highest Compensated Employee
Median to 75th percentile
$238k
$266k
Base
$205k
Bonus
Other
$774
Benefits
$24k
Director of Cybersecurity
Highest Compensated Employee
Median to 75th percentile
$236k
$264k
Base
$205k
Bonus
Other
$1k
Benefits
$11k
VP Student Success
Board Vice President
Median to 75th percentile
$214k
$239k
Base
$169k
Bonus
Other
$2k
Benefits
$29k
Dean
Highest Compensated Employee
Median to 75th percentile
$211k
$235k
Base
$171k
Bonus
Other
$180
Benefits
$23k
Dean
Highest Compensated Employee
Median to 75th percentile
$203k
$227k
Base
$186k
Bonus
Other
$270
Benefits
$255
VP Advancement
Board Vice President
25th percentile to median
$196k
$219k
Base
$175k
Bonus
Other
$4k
Benefits
$18k
General Counsel/vp Strategy
Officer (Unspecified)
$169k
$189k
Base
$162k
Bonus
Other
$441
Benefits
$7k
Former Interim Provost
Former Officer/director/trustee
25th percentile to median
$112k
$125k
Base
$103k
Bonus
Other
$515
Benefits
$36
CMO (thru 06/30/23)
Officer (Unspecified)
$84k
$93k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ASSUMPTION UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
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 32%
from 2022

From $732k in 2022 to $498k in 2023.

$732k
2022
$498k
2023
In today's dollarsEst.
Down 34% in real terms$846k to $556k

Estimated with BLS CPI-U for the Northeast 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 32% from 2022 to 2023, while revenue rose 9%.

$732k in 2022 to $498k in 2023.
  • Vice President pay rose 2% from 2022 to 2023.
  • Highest Compensated Employee pay fell 12% 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 ASSUMPTION UNIVERSITY

What does the Chief Executive Officer of ASSUMPTION UNIVERSITY earn?

In 2023, the Chief Executive Officer of ASSUMPTION UNIVERSITY received $498,407 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at ASSUMPTION UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at ASSUMPTION UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are ASSUMPTION UNIVERSITY's revenue and expenses?

In 2023, ASSUMPTION UNIVERSITY reported $127.1M in total revenue and $129.3M in total expenses on its IRS Form 990.

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