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Filing year 2023

FACULTY ASSOCIATES INCORPORATED

Gainesville, Florida·EIN 59-3518156·NTEE B99 · Education·501(c)(3)
Total revenue
$33.7M
Total assets
$35.8M
Total expenses
$28.1M
Reported officers
8
Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY TO SUPPORT THE SERVICE, TEACHING AND RESEARCH MISSION AND GOALS OF THE UNIVERSITY OF FLORIDA AND ITS J. HILLIS MILLER HEALTH CENTER AND THE COLLEGE OF DENTISTRY, ALL AS DETERMINED BY THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, AND IT SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES AND NOT FOR PECUNIARY PROFIT.

Executive compensation

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 Florida.

VP Bus Af (o
Board Vice President
Median to 75th percentile
$114k
$124k
Committee Ch
Board Member
Median to 75th percentile
$54k
$59k
President
25th percentile to median
$50k
$55k
Sec/treas
Officer (Unspecified)
$44k
$48k
Comm Mbr (ou
Board Member
25th percentile to median
$43k
$47k
Vice Preside
Vice President
25th percentile to median
$34k
$37k
Committee Me
Board Member
25th percentile to median
$18k
$20k

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 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FACULTY ASSOCIATES INCORPORATED equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
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.

Down 2%
from 2022

From $116k in 2022 to $114k in 2023.

$116k
2022
$114k
2023
In today's dollarsEst.
Down 7% in real terms$133k to $124k

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

Board Vice President pay fell 2% from 2022 to 2023, while revenue rose 3%.

$116k in 2022 to $114k in 2023.
  • Board Member pay rose 29% from 2022 to 2023.
  • Chief Executive Officer 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 FACULTY ASSOCIATES INCORPORATED

What does the Board Vice President of FACULTY ASSOCIATES INCORPORATED earn?

In 2023, the Board Vice President of FACULTY ASSOCIATES INCORPORATED received $113,652 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among Education organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at FACULTY ASSOCIATES INCORPORATED compare with similar nonprofits?

Compared with the same role at Education organizations in Florida, the 2023 pay of the Board Vice President at FACULTY ASSOCIATES INCORPORATED falls between the median and the 75th percentile. In 2023, the highest total compensation at FACULTY ASSOCIATES INCORPORATED equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are FACULTY ASSOCIATES INCORPORATED's revenue and expenses?

In 2023, FACULTY ASSOCIATES INCORPORATED reported $33.7M in total revenue and $28.1M in total expenses on its IRS Form 990.

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