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Filing year 2023

BEREA COLLEGE

Berea, Kentucky·EIN 61-0444650·NTEE B420 · Education·501(c)(3)
Total revenue
$139.3M
Total assets
$2.1B
Total expenses
$121.4M
Reported officers
52
Mission

BEREA TRANSFORMS THE LIVES OF STUDENTS AND FAMILIES BY ADMITTING STUDENTS OF HIGH PROMISE AND LOW MEANS. CORE TO ITS MISSION OF TRANSFORMING LIVES AND CIRCUMSTANCES, BEREA COLLEGE COVERS ALL COSTS BEYOND WHAT THE STUDENT AID INDEX IN THE FAFSA SPECIFIES ARE THE RESPONSIBILITY OF THE STUDENT AND FAMILY. FURTHERMORE, IT COVERS THESE COSTS WITHOUT PACKAGING LOANS, WHICH IS WHY BEREA STUDENTS HAVE THE LOWEST EDUCATIONAL DEBT IN THE COUNTRY.

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 Education organizations nationwide.

(president Through June 2023) President Emeritus (through June 2024)
Above 90th percentilevs Education peers in Kentucky
$588k
$642k
Base
$471k
Bonus
Other
$26k
Benefits
$64k
Secretary/general Counsel
Secretary (Operational)
Above 90th percentile
$314k
$343k
Base
$270k
Bonus
Other
$4k
Benefits
$18k
President
75th to 90th percentilevs Education peers in Kentucky
$298k
$326k
Base
$236k
Bonus
Other
$645
Benefits
$57k
VP for Alumni, Communications, and Philanthropy
Vice President
75th to 90th percentile
$288k
$314k
Base
$250k
Bonus
Other
$2k
Benefits
$15k
Vice President for Finance
Vice President
75th to 90th percentile
$241k
$263k
Base
$198k
Bonus
Other
$4k
Benefits
$23k
VP for Operations & Sustainability
Vice President
75th to 90th percentile
$240k
$262k
Base
$195k
Bonus
Other
$2k
Benefits
$27k
Provost
Officer (Unspecified)
$227k
$248k
Base
$192k
Bonus
Other
$1k
Benefits
$18k
Dean of Faculty
Officer (Unspecified)
$217k
$237k
Base
$172k
Bonus
Other
$2k
Benefits
$29k
Chair of Nursing
Board Chair
75th to 90th percentile
$216k
$236k
Base
$179k
Bonus
Other
$3k
Benefits
$20k
Chief Information Officer
Median to 75th percentile
$179k
$196k
Base
$138k
Bonus
Other
$599
Benefits
$29k
Senior Associate Vice President for Alumni and Philanthropy
Senior Vice President
25th percentile to median
$179k
$196k
Base
$150k
Bonus
Other
$2k
Benefits
$15k
VP for Diversity Equity Inclusion
Vice President
Median to 75th percentile
$171k
$187k
Base
$134k
Bonus
Other
$1k
Benefits
$26k
Chief Strategy Officer
Officer (Unspecified)
$167k
$182k
Base
$146k
Bonus
Other
$549
Benefits
$9k
Assoc VP for Human Resources
Board Vice President
25th percentile to median
$161k
$176k
Base
$139k
Bonus
Other
$1k
Benefits
$9k
Dean of Labor
Officer (Unspecified)
$158k
$172k
Base
$125k
Bonus
Other
$386
Benefits
$21k
Professor/co-dir of Epg
Highest Compensated Employee
25th percentile to median
$148k
$162k
Professor of Engineering Technologies and Applied Design
Highest Compensated Employee
25th percentile to median
$146k
$159k
Interim Vice President for Student Life
Vice President
Median to 75th percentile
$141k
$154k

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 34 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BEREA 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.

Up 8%
from 2022

From $545k in 2022 to $588k in 2023.

$545k
2022
$588k
2023
In today's dollarsEst.
Up 3% in real terms$622k to $642k

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.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue fell 12%.

$545k in 2022 to $588k in 2023.
  • Secretary (Operational) pay rose 5% from 2022 to 2023.
  • Vice President pay rose 23% 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 BEREA COLLEGE

What does the Chief Executive Officer of BEREA COLLEGE earn?

In 2023, the Chief Executive Officer of BEREA COLLEGE received $588,245 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Kentucky: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

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

What are BEREA COLLEGE's revenue and expenses?

In 2023, BEREA COLLEGE reported $139.3M in total revenue and $121.4M in total expenses on its IRS Form 990.

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