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Filing year 2023

DAVENPORT UNIVERSITY

Grand Rapids, Michigan·EIN 38-1945965·NTEE B420 · Education·501(c)(3)
Total revenue
$119.1M
Total assets
$144.1M
Total expenses
$123.2M
Reported officers
24
Mission

DAVENPORT UNIVERSITY PREPARES INDIVIDUALS AND ORGANIZATIONS TO EXCEL IN THE KNOWLEDGE-DRIVEN ENVIRONMENT OF THE 21ST CENTURY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

President
Above 90th percentilevs Education peers in Michigan
$917k
$1M
Base
$378k
Bonus
$150k
Other
$45k
Benefits
$33k
EVP for Quality & Effectiveness
Executive Vice President
75th to 90th percentile
$403k
$445k
Base
$190k
Bonus
$60k
Other
$19k
Benefits
$32k
EVP Enrollment & Student Services
Executive Vice President
75th to 90th percentile
$387k
$428k
Base
$175k
Bonus
$58k
Other
$18k
Benefits
$39k
EVP for Academics & Provost
Executive Vice President
Median to 75th percentile
$364k
$402k
Base
$200k
Bonus
$64k
Other
$19k
Benefits
$14k
EVP for Advancement
Executive Vice President
Median to 75th percentile
$362k
$400k
Base
$176k
Bonus
$59k
Other
$24k
Benefits
$39k
EVP for Marketing & Commun
Executive Vice President
Median to 75th percentile
$338k
$373k
Base
$163k
Bonus
$56k
Other
$24k
Benefits
$32k
Former Interim Treas/sec/evp Finance and CFO
Former Officer/director/trustee
75th to 90th percentile
$307k
$339k
Base
Bonus
Other
$265k
Benefits
$569
VP - Admissions & Strat Pt
Board Vice President
75th to 90th percentile
$256k
$282k
Base
$181k
Bonus
$14k
Other
$6k
Benefits
$39k
Dean - Maine College of Business/college of Tech
Highest Compensated Employee
75th to 90th percentilevs Education peers in Michigan
$231k
$255k
Base
$181k
Bonus
$14k
Other
$6k
Benefits
$14k
Treas/sec/evp for Finance and CFO
75th to 90th percentilevs Education peers in Michigan
$203k
$224k
Base
$146k
Bonus
Other
$17k
Benefits
$28k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 14 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DAVENPORT UNIVERSITY equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.7%
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 6%
from 2022

From $970k in 2022 to $917k in 2023.

$970k
2022
$917k
2023
In today's dollarsEst.
Down 9% in real terms$1.1M to $1M

Estimated with BLS CPI-U for the Midwest 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 6% from 2022 to 2023, while revenue held roughly steady.

$970k in 2022 to $917k in 2023.
  • Executive Vice President pay fell 1% 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.

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 DAVENPORT UNIVERSITY

What does the Chief Executive Officer of DAVENPORT UNIVERSITY earn?

In 2023, the Chief Executive Officer of DAVENPORT UNIVERSITY received $916,841 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at DAVENPORT UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at DAVENPORT UNIVERSITY equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are DAVENPORT UNIVERSITY's revenue and expenses?

In 2023, DAVENPORT UNIVERSITY reported $119.1M in total revenue and $123.2M in total expenses on its IRS Form 990.

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