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Filing year 2023

GOODWIN UNIVERSITY INC

East Hartford, Connecticut·EIN 06-1627882·NTEE B42 · Education·501(c)(3)
Total revenue
$66.6M
Total assets
$308.5M
Total expenses
$70.6M
Reported officers
34
Mission

THE MISSION OF GOODWIN UNIVERSITY IS TO EDUCATE A DIVERSE STUDENT POPULATION IN A DYNAMIC ENVIRONMENT THAT ALIGNS EDUCATION, COMMERCE AND COMMUNITY. OUR INNOVATIVE PROGRAMS OF STUDY PREPARE STUDENTS FOR PROFESSIONAL CAREERS WHILE PROMOTING LIFELONG LEARNING AND CIVIC RESPONSIBILITY. AS A NURTURING COLLEGE COMMUNITY WE CHALLENGE STUDENTS, FACULTY, STAFF AND ADMINISTRATION TO FULLY REALIZE THEIR HIGHEST ACADEMIC, PROFESSIONAL AND PERSONAL POTENTIAL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 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 Connecticut
$800k
$893k
Base
$635k
Bonus
$140k
Other
$440
Benefits
$16k
CFO
Median to 75th percentilevs Education peers in Connecticut
$323k
$361k
Base
$254k
Bonus
$20k
Other
$440
Benefits
$42k
VP of Economic and Strategy
Board Vice President
75th to 90th percentile
$303k
$339k
Base
$276k
Bonus
$20k
Other
$440
Benefits
$590
VP Enrollment Services
Board Vice President
75th to 90th percentile
$298k
$332k
Base
$261k
Bonus
$30k
Other
$440
Benefits
$90
VP of Facilities & IT
Board Vice President
75th to 90th percentile
$250k
$279k
Base
$224k
Bonus
$20k
Other
$429
Benefits
$90
VP Human Resources
Board Vice President
Median to 75th percentile
$243k
$271k
Base
$182k
Bonus
$20k
Other
$352
Benefits
$36k
Provost & Dean of Faculty
Highest Compensated Employee
Median to 75th percentilevs Education peers in Connecticut
$221k
$247k
Base
$200k
Bonus
$15k
Other
$330
Benefits
$90
VP of Inst Effectiveness
Board Vice President
Median to 75th percentile
$186k
$207k
Base
$156k
Bonus
$20k
Other
$275
Benefits
$5k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 26 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GOODWIN UNIVERSITY INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1%
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.

Up 45%
from 2022

From $552k in 2022 to $800k in 2023.

$552k
2022
$800k
2023
In today's dollarsEst.
Up 40% in real terms$637k to $893k

Estimated with BLS CPI-U for the Northeast 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 rose 45% from 2022 to 2023, while revenue rose 2%.

$552k in 2022 to $800k in 2023.
  • Chief Financial Officer pay rose 11% from 2022 to 2023.
  • Board Vice President pay rose 9% 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 GOODWIN UNIVERSITY INC

What does the Chief Executive Officer of GOODWIN UNIVERSITY INC earn?

In 2023, the Chief Executive Officer of GOODWIN UNIVERSITY INC received $799,502 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Connecticut: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Connecticut, the 2023 pay of the Chief Executive Officer at GOODWIN UNIVERSITY INC falls in the top 10%. In 2023, the highest total compensation at GOODWIN UNIVERSITY INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are GOODWIN UNIVERSITY INC's revenue and expenses?

In 2023, GOODWIN UNIVERSITY INC reported $66.6M in total revenue and $70.6M in total expenses on its IRS Form 990.

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