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Filing year 2023

MALONE UNIVERSITY

Canton, Ohio·EIN 34-0737794·NTEE B420 · Education·501(c)(3)
Total revenue
$43M
Total assets
$66.9M
Total expenses
$43.8M
Reported officers
36
Mission

THE MISSION OF MALONE UNIVERSITY IS TO PROVIDE STUDENTS WITH AN EDUCATION BASED ON BIBLICAL FAITH IN ORDER TO DEVELOP MEN AND WOMEN IN INTELLECTUAL MATURITY, WISDOM, AND CHRISTIAN FAITH WHO ARE COMMITTED TO SERVING THE CHURCH, COMMUNITY, AND THE WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$247k
$273k
Base
$132k
Bonus
$48k
Other
Benefits
$52k
Former President (end 06/22)
Former Officer/director/trustee
Median to 75th percentilevs Education peers nationwide
$208k
$230k
Base
$182k
Bonus
Other
$26k
Benefits
VP Finance & Business Affairs
Vice President
Median to 75th percentile
$168k
$186k
Base
$133k
Bonus
$13k
Other
Benefits
$624
VP Advancement
Vice President
Median to 75th percentile
$126k
$140k
Provost
Officer (Unspecified)
$122k
$135k
VP Student Development
Vice President
Median to 75th percentile
$108k
$119k
VP Enrollment & Marketing
Vice President
Median to 75th percentile
$99k
$109k
Trustee
Board Member
25th percentile to median
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$1k
$1k

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 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MALONE UNIVERSITY equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.6%
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 4%
from 2022

From $257k in 2022 to $247k in 2023.

$257k
2022
$247k
2023
In today's dollarsEst.
Down 7% in real terms$294k to $273k

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 rose 6% from 2022 to 2023, while revenue fell 5%.

$234k in 2022 to $247k in 2023.
  • Former Officer/director/trustee pay fell 19% from 2022 to 2023.
  • 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 MALONE UNIVERSITY

What does the Chief Executive Officer of MALONE UNIVERSITY earn?

In 2023, the Chief Executive Officer of MALONE UNIVERSITY received $246,794 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Chief Executive Officer at MALONE UNIVERSITY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MALONE UNIVERSITY equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

What are MALONE UNIVERSITY's revenue and expenses?

In 2023, MALONE UNIVERSITY reported $43M in total revenue and $43.8M in total expenses on its IRS Form 990.

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