WE ARE A DYNAMIC LEARNING COMMUNITY WHERE STUDENTS ENTER WITH A PROMISE AND LEAVE WITH A PURPOSE.
Executive compensation, broken down
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 Virginia.
- Base
- $193k
- Bonus
- —
- Other
- $1k
- Benefits
- $6k
- Base
- $153k
- Bonus
- —
- Other
- $61
- Benefits
- $310
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Median to 75th percentile | $193k | — | $1k | $6k | $200k $219k |
Provost Officer (Unspecified) | $153k | — | $61 | $310 | $153k $167k |
VP Enrollment and Marketing Board Vice President 25th percentile to median | — | — | — | — | $144k $158k |
VP for Institutional Advancement Board Vice President 25th percentile to median | — | — | — | — | $126k $138k |
VP of Student Affairs Board Vice President 10th to 25th percentile | — | — | — | — | $116k $126k |
Asst VP of Academic Affair Board Vice President 10th to 25th percentile | — | — | — | — | $115k $125k |
Former VP for Business and Finance Vice President 25th percentile to median | — | — | — | — | $82k $89k |
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 17 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at FERRUM COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.
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 20%
from 2022
From $251k in 2022 to $200k in 2023.
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.
Chief Executive Officer pay fell 20% from 2022 to 2023, while revenue fell 1%.
- Board Vice President pay rose 5% from 2022 to 2023.
- Vice President pay fell 46% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FERRUM COLLEGE
What does the Chief Executive Officer of FERRUM COLLEGE earn?
In 2023, the Chief Executive Officer of FERRUM COLLEGE received $200,294 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FERRUM COLLEGE compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at FERRUM COLLEGE falls between the median and the 75th percentile. In 2023, the highest total compensation at FERRUM COLLEGE equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.
What are FERRUM COLLEGE's revenue and expenses?
In 2023, FERRUM COLLEGE reported $43.2M in total revenue and $47.7M in total expenses on its IRS Form 990.
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