AVERETT UNIVERSITY PREPARES STUDENTS TO SERVE AND LEAD AS CATALYSTS FOR POSITIVE CHANGE. AVERETT FULFILLS THIS MISSION BY EDUCATING STUDENTS FROM DIVERSE BACKGROUNDS, CULTURES AND NATIONS THROUGH LIBERAL ARTS-BASED UNDERGRADUATE AND GRADUATE PROGRAMS IN A PERSONAL, COLLEGIAL, INTERDISCIPLINARY ENVIRONMENT.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $322k
- Bonus
- —
- Other
- —
- Benefits
- $8k
- Base
- $247k
- Bonus
- —
- Other
- —
- Benefits
- $15k
- Base
- $174k
- Bonus
- $5k
- Other
- —
- Benefits
- $18k
- Base
- $178k
- Bonus
- —
- Other
- —
- Benefits
- $18k
- Base
- $177k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $133k
- Bonus
- —
- Other
- —
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $322k | — | — | $8k | $349k $381k |
Former VP Finance/coo Vice President 75th to 90th percentile | $247k | — | — | $15k | $277k $303k |
CIO Chief Information Officer Median to 75th percentilevs Education peers nationwide | $174k | $5k | — | $18k | $208k $227k |
VP Advancement Board Vice President Median to 75th percentile | $178k | — | — | $18k | $207k $226k |
VP Admissions Board Vice President 25th percentile to median | $177k | — | — | $14k | $200k $219k |
VP Student Engagement Board Vice President 25th percentile to median | $133k | — | — | $11k | $153k $167k |
VP of Athletics Board Vice President 25th percentile to median | — | — | — | — | $129k $141k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 28 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at AVERETT UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.
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.
Held steady
from 2022
From $349k in 2022 to $349k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue fell 1%.
- Chief Information Officer pay held roughly steady from 2022 to 2023.
- Board Vice President pay rose 8% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about AVERETT UNIVERSITY
What does the Chief Executive Officer of AVERETT UNIVERSITY earn?
In 2023, the Chief Executive Officer of AVERETT UNIVERSITY received $349,120 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at AVERETT UNIVERSITY compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at AVERETT UNIVERSITY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at AVERETT UNIVERSITY equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.
What are AVERETT UNIVERSITY's revenue and expenses?
In 2023, AVERETT UNIVERSITY reported $54.3M in total revenue and $63.6M in total expenses on its IRS Form 990.
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