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Filing year 2023

BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC

Bloomfield, New Jersey·EIN 22-1494428·501(c)(3)
Total revenue
$24.7M
Total assets
$0
Total expenses
$34.7M
Reported officers
16
Mission

TO PREPARE STUDENTS TO ATTAIN ACADEMIC, PERSONAL AND PROFESSIONAL EXCELLENCE IN A MULTICULTURAL AND GLOBAL SOCIETY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Former President
Former Officer/director/trustee
Above 90th percentile
$443k
$497k
Base
$202k
Bonus
$134k
Other
$77k
Benefits
Former VP Acad. Affs. & Dean of Fac.
Board Vice President
75th to 90th percentile
$257k
$288k
Base
$100k
Bonus
$87k
Other
$12k
Benefits
$29k
Former VP Finance & Admin.
Board Vice President
Median to 75th percentile
$200k
$224k
Base
$94k
Bonus
$75k
Other
$16k
Benefits
Former VP Advancement
Board Vice President
Median to 75th percentile
$199k
$223k
Base
$92k
Bonus
$76k
Other
$9k
Benefits
$12k
Professor
Highest Compensated Employee
Median to 75th percentile
$187k
$210k
Base
$56k
Bonus
Other
$119k
Benefits
$7k
Professor
Highest Compensated Employee
Median to 75th percentile
$187k
$210k
Base
$56k
Bonus
Other
$111k
Benefits
$15k
Professor
Highest Compensated Employee
Median to 75th percentile
$184k
$207k
Base
$59k
Bonus
Other
$112k
Benefits
$7k
Professor
Highest Compensated Employee
Median to 75th percentile
$181k
$203k
Base
$51k
Bonus
Other
$105k
Benefits
$20k
Professor
Highest Compensated Employee
Median to 75th percentile
$180k
$202k
Base
$60k
Bonus
Other
$114k
Benefits
$152
Student Life, Athl., & Stdnt Affs.
Former Officer/director/trustee
Median to 75th percentile
$148k
$166k
Base
$119k
Bonus
Other
$16k
Benefits
$184
President (as of 07/2023)
25th percentile to median
$63k
$70k
Sr. VP Fin. & Admin. (as of 07/2023)
Vice President
25th percentile to median
$13k
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Down 25%
from 2022

From $588k in 2022 to $443k in 2023.

$588k
2022
$443k
2023
In today's dollarsEst.
Down 28% in real terms$685k to $497k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Highest Compensated Employee pay fell 23% from 2022 to 2023, while revenue fell 56%.

$243k in 2022 to $187k in 2023.
  • Chief Executive Officer pay fell 89% from 2022 to 2023.
  • Vice President pay fell 96% 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

BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$56.6M
$56.5M
2022
$24.7M
$34.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC

What does the Former Officer/director/trustee of BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC earn?

In 2023, the Former Officer/director/trustee of BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC received $442,552 in total compensation. This pay is in the top 10% for Former Officer/director/trustee roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Former Officer/director/trustee at BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC falls in the top 10%.

What are BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC's revenue and expenses?

In 2023, BLOOMFIELD COLLEGE OF MONTCLAIR STATE UNIVERSITY INC reported $24.7M in total revenue and $34.7M in total expenses on its IRS Form 990.

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