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Filing year 2023

OAKWOOD UNIVERSITY

Huntsville, Alabama·EIN 63-0366652·501(c)(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 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$162k
$177k
Base
$162k
Bonus
Other
Benefits
VP Faculty Development
Vice President
75th to 90th percentile
$145k
$158k
Professor
Highest Compensated Employee
10th to 25th percentile
$114k
$125k
Department Chair
Board Chair
75th to 90th percentile
$110k
$121k
Provost
Officer (Unspecified)
$104k
$114k
Professor
Highest Compensated Employee
Below 10th percentile
$102k
$111k
VP
Vice President
Median to 75th percentile
$98k
$107k
VP
Vice President
Median to 75th percentile
$96k
$105k
Interim VP
Vice President
Median to 75th percentile
$80k
$87k
VP
Vice President
Median to 75th percentile
$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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 7%.

$160k in 2022 to $162k in 2023.
  • Vice President pay rose 1% 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.
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.
FAQ

Common questions about OAKWOOD UNIVERSITY

What does the Chief Executive Officer of OAKWOOD UNIVERSITY earn?

In 2023, the Chief Executive Officer of OAKWOOD UNIVERSITY received $162,147 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at OAKWOOD UNIVERSITY falls between the median and the 75th percentile.

What are OAKWOOD UNIVERSITY's revenue and expenses?

In 2023, OAKWOOD UNIVERSITY reported $71.9M in total revenue and $75.5M in total expenses on its IRS Form 990.

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