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Filing year 2023

GRACELAND UNIVERSITY

Lamoni, Iowa·EIN 42-0707114·NTEE B430 · Education·501(c)(3)
Total revenue
$46.8M
Total assets
$117.5M
Total expenses
$57M
Reported officers
31
Mission

SEE SCHEDULE OTHE PRIMARY MISSION OF GRACELAND UNIVERSITY IS TO BE A LEARNING COMMUNITY, WHERE STUDENTS DEVELOP THEIR POTENTIAL FOR MEANINGFUL AND PRODUCTIVE LIVES THROUGH INTELLECTUAL, PHYSICAL, SOCIAL AND SPIRITUAL GROWTH. THIS MISSION IS GUIDED BY THE BELIEF THAT THE CURRICULUM OF GRACELAND UNIVERSITY SHOULD BE FIRMLY ROOTED IN THE BEST LIBERAL ARTS TRADITION, ENHANCED BY PRACTICAL EXPERIENCES THAT PREPARE STUDENTS FOR SUCCESSFUL CAREERS. AS AN INSTITUTION DEDICATED TO THE WORTH OF ALL PERSONS, AS A PART OF ITS MISSION, GRACELAND UNIVERSITY ENDEAVORS TO FOSTER CHRISTIAN VALUES IN HARMONY WITH THE COMMUNITY OF CHRIST, ITS SPONSORING CHURCH. TO ACHIEVE ITS MISSION, GRACELAND UNIVERSITY RELIES UPON AN INSIGHTFUL AND INSPIRED ADMINISTRATION, A COMPETENT AND DEDICATED FACULTY, A COMPASSIONATE AND CARING STAFF, AND INQUIRING STUDENTS COMMITTED TO PARTICIPATE IN THE PROCESS OF LIFE-LONG LEARNING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President
75th to 90th percentilevs Education peers in Iowa
$383k
$423k
Base
$315k
Bonus
Other
$30k
Benefits
$21k
VP - Academic Affairs
Vice President
Median to 75th percentile
$177k
$195k
Base
$122k
Bonus
Other
$22k
Benefits
$30k
Director Dpt Program
Director (Operational)
Median to 75th percentile
$150k
$165k
VP - Institutional Advance
Vice President
Median to 75th percentile
$146k
$161k
Dean School of Nursing
Highest Compensated Employee
10th to 25th percentile
$130k
$143k
VP - Enrollment
Vice President
25th percentile to median
$126k
$139k
Professor of Nursing
Highest Compensated Employee
10th to 25th percentile
$118k
$130k
Dpt Professor
Highest Compensated Employee
10th to 25th percentile
$118k
$130k
Dpt Professor
Highest Compensated Employee
Below 10th percentile
$107k
$118k
VP - Student Life
Vice President
25th percentile to median
$89k
$98k
Trustee
Board Member
75th to 90th percentilevs Education peers in Iowa
$66k
$73k

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 20 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GRACELAND UNIVERSITY equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 41%
from 2022

From $650k in 2022 to $383k in 2023.

$650k
2022
$383k
2023
In today's dollarsEst.
Down 43% in real terms$746k to $423k

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.

Pay for the position

Chief Executive Officer pay fell 41% from 2022 to 2023, while revenue fell 7%.

$650k in 2022 to $383k in 2023.
  • Vice President pay rose 23% from 2022 to 2023.
  • Director (Operational) pay rose 7% 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 GRACELAND UNIVERSITY

What does the Chief Executive Officer of GRACELAND UNIVERSITY earn?

In 2023, the Chief Executive Officer of GRACELAND UNIVERSITY received $383,345 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Iowa, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Iowa, the 2023 pay of the Chief Executive Officer at GRACELAND UNIVERSITY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at GRACELAND UNIVERSITY equaled 0.7% of the organization's total expenses. The median for education organizations is 7%.

What are GRACELAND UNIVERSITY's revenue and expenses?

In 2023, GRACELAND UNIVERSITY reported $46.8M in total revenue and $57M in total expenses on its IRS Form 990.

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