Skip to main content
Filing year 2023

NICHOLS COLLEGE

Dudley, Massachusetts·EIN 04-2104778·NTEE B420 · Education·501(c)(3)
Total revenue
$61.1M
Total assets
$114.3M
Total expenses
$65.7M
Reported officers
39
Mission

NICHOLS COLLEGE STRIVES TO DEVELOP TOMORROW'S LEADERS THROUGH A DYNAMIC, CAREER-FOCUSED BUSINESS EDUCATION. THE COLLEGE TRANSFORMS STUDENTS INTO SUCCESSFUL GRADUATES WHO RESPOND TO CHALLENGES, ARE EAGER FOR RESPONSIBILITY, AND ASSUME SIGNIFICANT ROLES IN THE GLOBAL ECONOMY. THE NICHOLS EXPERIENCE HAPPENS IN A WELCOMING ENVIRONMENT WHERE STUDENTS ARE ENCOURAGED TO LEARN AND GROW UNDER THE GUIDANCE OF MENTORING FACULTY AND STAFF COMMITTED TO STUDENT SUCCESS.

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 Massachusetts.

President
Above 90th percentile
$591k
$659k
Base
$446k
Bonus
$82k
Other
Benefits
$45k
VP of Advancement
Vice President
Median to 75th percentile
$293k
$327k
Base
$237k
Bonus
$30k
Other
Benefits
$17k
VP for Opertations
Board Vice President
Median to 75th percentile
$226k
$252k
Base
$199k
Bonus
Other
Benefits
$17k
Provost
Highest Compensated Employee
Median to 75th percentile
$219k
$244k
Base
$185k
Bonus
$7k
Other
Benefits
$17k
Faculty
Highest Compensated Employee
Median to 75th percentile
$214k
$239k
Base
$188k
Bonus
Other
Benefits
$17k
VP for Human Resources
Board Vice President
25th percentile to median
$197k
$219k
Base
$171k
Bonus
Other
Benefits
$17k
VP of Athletics
Board Vice President
25th percentile to median
$194k
$216k
Base
$163k
Bonus
$5k
Other
Benefits
$17k
Associate Provost and Accreditation Officer
Highest Compensated Employee
Median to 75th percentile
$186k
$208k
Base
$161k
Bonus
Other
Benefits
$17k
CFO
10th to 25th percentile
$81k
$90k

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 30 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NICHOLS COLLEGE 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.

Down 13%
from 2022

From $676k in 2022 to $591k in 2023.

$676k
2022
$591k
2023
In today's dollarsEst.
Down 15% in real terms$780k to $659k

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 fell 13% from 2022 to 2023, while revenue rose 1%.

$676k in 2022 to $591k in 2023.
  • Vice President pay rose 47% from 2022 to 2023.
  • Board Vice President pay rose 29% 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 NICHOLS COLLEGE

What does the Chief Executive Officer of NICHOLS COLLEGE earn?

In 2023, the Chief Executive Officer of NICHOLS COLLEGE received $590,531 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NICHOLS COLLEGE compare with similar nonprofits?

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

What are NICHOLS COLLEGE's revenue and expenses?

In 2023, NICHOLS COLLEGE reported $61.1M in total revenue and $65.7M in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.