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Filing year 2023

OAKWOOD UNIVERSITY

Huntsville, Alabama·EIN 63-0366652·3
Total revenue
$71.9M
Total assets
$106.7M
Total expenses
$75.5M
Reported officers
60
Mission

OAKWOOD UNIVERSITY, A HISTORICALLY BLACK SEVENTH-DAY ADVENTIST INSTITUTION OF HIGHER LEARNING, PROVIDES QUALITY CHRISTIAN EDUCATION THAT EMPHASIZES ACADEMIC EXCELLENCE; PROMOTES HARMONIOUS DEVELOPMENT OF MIND, BODY AND SPIRIT; AND PREPARES LEADERS IN SERVICE FOR GOD AND HUMANITY.

Executive compensation, broken down

Form 990 · Schedule J · 10 reported individuals · Filing year 2023

$162k
$177k
Base
$162k
Bonus
Other
Benefits
VP Faculty Development
vice president
$145k
$158k
Professor
highest compensated employee
$114k
$125k
Department Chair
board chair
$110k
$121k
Provost
officer (unspecified)
$104k
$114k
Professor
highest compensated employee
$102k
$111k
VP
vice president
$98k
$107k
VP
vice president
$96k
$105k
Interim VP
vice president
$80k
$87k
VP
vice president
$53k
$58k

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 50 unpaid individuals.

Up 2%
from 2022

From $160k in 2022 to $162k in 2023.

$160k
2022
$162k
2023
In today's dollarsEst.
Down 3% in real terms$182k to $177k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

OAKWOOD UNIVERSITY reported revenue and expenses across 2 filing years.

RevenueExpenses
$67.3M
$77M
2022
$71.9M
$75.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
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