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Filing year 2023

DREW UNIVERSITY

Madison, New Jersey·EIN 22-1487164·NTEE B420 · Education·501(c)(3)
Total revenue
$117.2M
Total assets
$220.6M
Total expenses
$138.3M
Reported officers
30
Mission

DREW UNIVERSITY, A PHI BETA KAPPA LIBERAL ARTS UNIVERSITY, INCLUDES THE COLLEGE OF LIBERAL ARTS, THE DREW THEOLOGICAL SCHOOL, AND THE CASPERSEN SCHOOL OF GRADUATE STUDIES. CONTINUED ON SCHEDULE O.

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 in New Jersey.

President
Above 90th percentile
$520k
$584k
Base
$450k
Bonus
Other
$19k
Benefits
$27k
Retired President
Highest Compensated Employee
Above 90th percentile
$500k
$561k
Base
$500k
Bonus
Other
Benefits
Vice President, University Advancement
Board Vice President
Above 90th percentilevs Education peers nationwide
$461k
$517k
Base
$335k
Bonus
$75k
Other
$13k
Benefits
$20k
Provost
Key Employee
75th to 90th percentile
$280k
$314k
Base
$239k
Bonus
Other
Benefits
$29k
Assistant Vp, Advancement
Board Vice President
Median to 75th percentilevs Education peers nationwide
$245k
$275k
Base
$223k
Bonus
Other
$996
Benefits
$10k
VP for Campus Life
Board Vice President
Median to 75th percentilevs Education peers nationwide
$234k
$262k
Base
$202k
Bonus
Other
$876
Benefits
$20k
VP for Facilities & Real Estate
Board Vice President
Median to 75th percentilevs Education peers nationwide
$224k
$252k
Base
$206k
Bonus
Other
$1k
Benefits
$7k
Dean
Highest Compensated Employee
Median to 75th percentile
$212k
$238k
Base
$188k
Bonus
Other
Benefits
$15k
Assistant Vp, Advancement
Board Vice President
Median to 75th percentilevs Education peers nationwide
$207k
$232k
Base
$195k
Bonus
Other
$1k
Benefits
Dean
Highest Compensated Employee
Median to 75th percentile
$206k
$231k
Base
$167k
Bonus
Other
$1k
Benefits
$30k

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 20 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DREW UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
0.4%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 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 4%
from 2022

From $540k in 2022 to $520k in 2023.

$540k
2022
$520k
2023
In today's dollarsEst.
Down 7% in real terms$629k to $584k

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

Chief Executive Officer pay fell 4% from 2022 to 2023, while revenue rose 5%.

$540k in 2022 to $520k in 2023.
  • Highest Compensated Employee pay rose 128% from 2022 to 2023.
  • Board Vice President pay rose 1% 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 DREW UNIVERSITY

What does the Chief Executive Officer of DREW UNIVERSITY earn?

In 2023, the Chief Executive Officer of DREW UNIVERSITY received $520,088 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at DREW UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at DREW UNIVERSITY equaled 0.4% of the organization's total expenses. The median for education organizations is 6%.

What are DREW UNIVERSITY's revenue and expenses?

In 2023, DREW UNIVERSITY reported $117.2M in total revenue and $138.3M in total expenses on its IRS Form 990.

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