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Filing year 2023

Lenoir-Rhyne University

Hickory, North Carolina·EIN 56-0556753·NTEE B420 · Education·501(c)(3)
Total revenue
$83.7M
Total assets
$291.4M
Total expenses
$90.1M
Reported officers
38
Mission

PROVIDE EDUCATIONAL PROGRAMS AND CONFER UNDERGRADUATE DEGREES IN APPROXIMATELY 60 ACADEMIC PROGRAMS OF STUDY. THE UNIVERSITY OFFERS 57 DIFFERENT PROGRAMS OF STUDY FOR UNDERGRADUATES AND 24 DIFFERENT PROGRAMS FOR GRADUATE DEGREES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

President
Above 90th percentile
$784k
$856k
Base
$424k
Bonus
Other
$270k
Benefits
$17k
Provost & VP Academic Affairs
Vice President
75th to 90th percentile
$274k
$299k
Base
$212k
Bonus
Other
$3k
Benefits
$15k
VP Business & Finance
Vice President
75th to 90th percentile
$246k
$269k
Base
$193k
Bonus
Other
$240
Benefits
$25k
VP Advancement, Marketing&comm
Vice President
75th to 90th percentile
$245k
$268k
Base
$192k
Bonus
Other
$4k
Benefits
$17k
VP Mission Engagement & Innova
Vice President
75th to 90th percentile
$244k
$267k
Base
$210k
Bonus
Other
$792
Benefits
$14k
Vice President of Dei
Vice President
Median to 75th percentile
$180k
$197k
Base
$165k
Bonus
Other
$552
Benefits
VP Athletics
Vice President
Median to 75th percentile
$173k
$189k
Base
$128k
Bonus
$8k
Other
$360
Benefits
$24k
Astp of Pa/program Director
Highest Compensated Employee
Median to 75th percentile
$155k
$169k
Base
$117k
Bonus
Other
$552
Benefits
$25k
Head Football Coach
Highest Compensated Employee
Median to 75th percentile
$153k
$167k
Base
$125k
Bonus
Other
$240
Benefits
$16k
Dean of the Business School
Highest Compensated Employee
25th percentile to median
$149k
$163k
Asst Provost Undergraduate Edu
Highest Compensated Employee
25th percentile to median
$136k
$149k
Dean Education & Humanities
Highest Compensated Employee
25th percentile to median
$125k
$136k

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 26 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Lenoir-Rhyne University equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
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.

Up 57%
from 2022

From $500k in 2022 to $784k in 2023.

$500k
2022
$784k
2023
In today's dollarsEst.
Up 50% in real terms$571k to $856k

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

Chief Executive Officer pay rose 57% from 2022 to 2023, while revenue fell 15%.

$500k in 2022 to $784k in 2023.
  • Vice President pay rose 20% from 2022 to 2023.
  • Highest Compensated Employee pay fell 4% 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 Lenoir-Rhyne University

What does the Chief Executive Officer of Lenoir-Rhyne University earn?

In 2023, the Chief Executive Officer of Lenoir-Rhyne University received $783,969 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Lenoir-Rhyne University compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Chief Executive Officer at Lenoir-Rhyne University falls in the top 10%. In 2023, the highest total compensation at Lenoir-Rhyne University equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are Lenoir-Rhyne University's revenue and expenses?

In 2023, Lenoir-Rhyne University reported $83.7M in total revenue and $90.1M in total expenses on its IRS Form 990.

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