Since 1902, Franklin University has been a pioneer in meeting the needs of adult students who have the ambition to continue their education in combination with other responsibilities, receiving its status as a tax exempt organization in 1964. As a learner-centered institution of higher education, the four cornerstones of the Franklin educational philosophy are (a) Ensuring academic quality (b) Providing equal access to educational opportunities (c) Adapting to the needs of students (d) Responding to changes in society, professions, and the business community. Franklin continuously seeks and appreciates strategic partner relationships that support our learning environment and experiences of our students. Investments from strategic partners may include contributions for student scholarships as well as contributions to enhance program offerings, facilities, and technology.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 14 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $532k
- Bonus
- $844k
- Other
- $2k
- Benefits
- $15k
- Base
- $269k
- Bonus
- $103k
- Other
- —
- Benefits
- $20k
- Base
- $269k
- Bonus
- $103k
- Other
- —
- Benefits
- $22k
- Base
- $268k
- Bonus
- $103k
- Other
- —
- Benefits
- $15k
- Base
- $246k
- Bonus
- $94k
- Other
- —
- Benefits
- $20k
- Base
- $245k
- Bonus
- $94k
- Other
- —
- Benefits
- $15k
- Base
- $218k
- Bonus
- $83k
- Other
- —
- Benefits
- $10k
- Base
- $218k
- Bonus
- $83k
- Other
- —
- Benefits
- $11k
- Base
- $192k
- Bonus
- $71k
- Other
- $3k
- Benefits
- $20k
- Base
- $203k
- Bonus
- $39k
- Other
- $16k
- Benefits
- $20k
- Base
- $203k
- Bonus
- $41k
- Other
- —
- Benefits
- $16k
- Base
- $161k
- Bonus
- $26k
- Other
- $30k
- Benefits
- $10k
- Base
- $161k
- Bonus
- $27k
- Other
- $9k
- Benefits
- $10k
- Base
- $161k
- Bonus
- $30k
- Other
- $3k
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $532k | $844k | $2k | $15k | $1.4M $1.6M |
Provost and Svp-academic Affairs Key Employee Above 90th percentile | $269k | $103k | — | $20k | $423k $467k |
SVP Global Programs & Strategic Initiatives Senior Vice President 75th to 90th percentile | $269k | $103k | — | $22k | $419k $463k |
Chief of Staff & SVP Administration Senior Vice President 75th to 90th percentile | $268k | $103k | — | $15k | $417k $461k |
SVP and Chief Information Officer Chief Information Officer 75th to 90th percentile | $246k | $94k | — | $20k | $390k $430k |
Treasurer/svp-chief Financial Officer Above 90th percentile | $245k | $94k | — | $15k | $386k $426k |
Vp-strategic Alliances Key Employee 75th to 90th percentile | $218k | $83k | — | $10k | $342k $378k |
Vp-student Affairs Key Employee 75th to 90th percentile | $218k | $83k | — | $11k | $341k $377k |
Vp-campus Services Key Employee 75th to 90th percentile | $192k | $71k | $3k | $20k | $313k $345k |
VP Operations, Franklin Learning Solutions Board Vice President 75th to 90th percentile | $203k | $39k | $16k | $20k | $303k $334k |
Vp-financial Services Highest Compensated Employee 75th to 90th percentile | $203k | $41k | — | $16k | $279k $309k |
Dean, College of Business Highest Compensated Employee 75th to 90th percentile | $161k | $26k | $30k | $10k | $248k $274k |
Dean Doctoral Studies and Academic Research Highest Compensated Employee Median to 75th percentile | $161k | $27k | $9k | $10k | $226k $250k |
Dean, College of Health Highest Compensated Employee Median to 75th percentile | $161k | $30k | $3k | $2k | $216k $238k |
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 24 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 38%
from 2022
From $1M in 2022 to $1.4M in 2023.
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.
Chief Executive Officer pay rose 38% from 2022 to 2023, while revenue rose 8%.
- Key Employee pay rose 11% from 2022 to 2023.
- Senior Vice President pay rose 11% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
FRANKLIN UNIVERSITY reported revenue and expenses across 2 filing years.
Common questions about FRANKLIN UNIVERSITY
What does the Chief Executive Officer of FRANKLIN UNIVERSITY earn?
In 2023, the Chief Executive Officer of FRANKLIN UNIVERSITY received $1,427,101 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FRANKLIN UNIVERSITY compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at FRANKLIN UNIVERSITY falls in the top 10%.
What are FRANKLIN UNIVERSITY's revenue and expenses?
In 2023, FRANKLIN UNIVERSITY reported $94.7M in total revenue and $89.2M in total expenses on its IRS Form 990.
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