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Filing year 2023

MONMOUTH UNIVERSITY INC

West Long Branch, New Jersey·EIN 21-0634584·NTEE B430 · Education·501(c)(3)
Total revenue
$282.6M
Total assets
$472.1M
Total expenses
$264.2M
Reported officers
55
Mission

SEE SCHEDULE OMONMOUTH UNIVERSITY IS A COMPREHENSIVE INSTITUTION OF HIGHER EDUCATION COMMITTED TO EXCELLENCE AND INTEGRITY IN TEACHING, SCHOLARSHIP AND SERVICE. THROUGH ITS OFFERINGS IN LIBERAL ARTS, SCIENCES, AND PROFESSIONAL PROGRAMS, MONMOUTH UNIVERSITY EDUCATES AND PREPARES STUDENTS TO REALIZE THEIR POTENTIAL AS LEADERS AND TO BECOME ENGAGED CITIZENS IN A DIVERSE AND INCREASINGLY INTERDEPENDENT WORLD.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 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 New Jersey
$1M
$1.2M
Base
$567k
Bonus
$275k
Other
$3k
Benefits
$158k
Head Mens Basketball Coach
Highest Compensated Employee
Above 90th percentilevs Education peers in New Jersey
$646k
$725k
Base
$507k
Bonus
Other
$70k
Benefits
$42k
Former VP for Finance
Board Vice President
Above 90th percentile
$422k
$473k
Base
$159k
Bonus
Other
$213k
Benefits
$32k
Dean of Business School
Highest Compensated Employee
75th to 90th percentilevs Education peers in New Jersey
$381k
$428k
Base
$294k
Bonus
Other
$22k
Benefits
$41k
VP Enrollment Management & Marketing
Vice President
75th to 90th percentile
$340k
$381k
Base
$272k
Bonus
Other
$1k
Benefits
$44k
VP / Information Management
Vice President
75th to 90th percentile
$331k
$371k
Base
$244k
Bonus
Other
$10k
Benefits
$57k
Former VP for Student Services
Board Vice President
75th to 90th percentile
$327k
$367k
Base
$141k
Bonus
Other
$172k
Benefits
$983
Director / Polling Institute
Highest Compensated Employee
75th to 90th percentilevs Education peers in New Jersey
$308k
$346k
Base
$250k
Bonus
Other
$2k
Benefits
$36k
VP University Advancement
Vice President
75th to 90th percentile
$305k
$342k
Base
$269k
Bonus
Other
Benefits
$14k
Head Football Coach
Highest Compensated Employee
75th to 90th percentilevs Education peers in New Jersey
$302k
$339k
Base
$232k
Bonus
Other
$20k
Benefits
$30k
VP and General Counsel
Vice President
75th to 90th percentile
$302k
$338k
Base
$265k
Bonus
Other
$753
Benefits
$14k
Director Urban Coast Institute
Highest Compensated Employee
75th to 90th percentilevs Education peers in New Jersey
$296k
$332k
Base
$245k
Bonus
Other
$10k
Benefits
$20k
& Sr. VP Acad. Aff. (as of 04/2024)
Vice President
75th to 90th percentile
$295k
$331k
Base
$232k
Bonus
Other
$1k
Benefits
$42k
Sch. of Humanities & Social Sciences
Key Employee
75th to 90th percentilevs Education peers in New Jersey
$294k
$330k
Base
$235k
Bonus
Other
$19k
Benefits
$21k
& Sr. VP Acad. Aff. (thru 07/2023)
Vice President
75th to 90th percentile
$293k
$329k
Base
$193k
Bonus
Other
$72k
Benefits
$10k
Associate Provost
Key Employee
75th to 90th percentilevs Education peers in New Jersey
$281k
$316k
Base
$217k
Bonus
Other
$2k
Benefits
$44k
Professor
Former Officer/director/trustee
Median to 75th percentile
$253k
$284k
Base
$229k
Bonus
Other
$4k
Benefits
$2k
Associate VP Human Resources
Board Vice President
Median to 75th percentile
$237k
$266k
Base
$194k
Bonus
Other
$504
Benefits
$26k
Campus Planning / Facilities
Officer (Unspecified)
$219k
$246k
Base
$189k
Bonus
Other
$553
Benefits
$14k
VP for Student Life
Vice President
Median to 75th percentile
$217k
$244k
Base
$174k
Bonus
Other
$2k
Benefits
$27k
Associate VP Finance and Budgets
Board Vice President
Median to 75th percentile
$207k
$233k
Base
$186k
Bonus
Other
$759
Benefits
$6k
Associate VP and Controller
Controller
75th to 90th percentile
$207k
$232k
Base
$190k
Bonus
Other
$508
Benefits
$1k
Professor
Former Officer/director/trustee
Median to 75th percentile
$170k
$191k
Base
$150k
Bonus
Other
$1k
Benefits
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 32 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MONMOUTH UNIVERSITY INC equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.4%
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 10%
from 2022

From $939k in 2022 to $1M in 2023.

$939k
2022
$1M
2023
In today's dollarsEst.
Up 6% in real terms$1.1M to $1.2M

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 10% from 2022 to 2023, while revenue rose 3%.

$939k in 2022 to $1M in 2023.
  • Highest Compensated Employee pay rose 5% from 2022 to 2023.
  • Vice President pay fell 18% 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 MONMOUTH UNIVERSITY INC

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

In 2023, the Chief Executive Officer of MONMOUTH UNIVERSITY INC received $1,029,009 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at MONMOUTH UNIVERSITY INC falls in the top 10%. In 2023, the highest total compensation at MONMOUTH UNIVERSITY INC equaled 0.4% of the organization's total expenses. The median for education organizations is 7%.

What are MONMOUTH UNIVERSITY INC's revenue and expenses?

In 2023, MONMOUTH UNIVERSITY INC reported $282.6M in total revenue and $264.2M in total expenses on its IRS Form 990.

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