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Filing year 2023

OLIVET COLLEGE

Olivet, Michigan·EIN 38-1459365·NTEE B420 · Education·501(c)(3)
Total revenue
$43M
Total assets
$78.8M
Total expenses
$46.9M
Reported officers
42
Mission

TO PROVIDE A UNIQUE LIBERAL ARTS EDUCATION ALLOWING STUDENTS TO ENGAGE IN BOTH CURRICULAR AND CO CURRICULAR PROGRAMS THAT COMBINE REAL WORLD EXPERIENCES WITH LECTURES AND SERVICE LEARNING.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 11 reported individuals · Filing year 2023

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

President
Above 90th percentile
$457k
$505k
Base
$411k
Bonus
Other
$2k
Benefits
$27k
Provost
Officer (Unspecified)
$177k
$196k
Base
$164k
Bonus
Other
Benefits
$6k
Vp/cfo
Officer (Unspecified)
$165k
$182k
Base
$151k
Bonus
Other
$1k
Benefits
$6k
VP for Advancement
Vice President
Median to 75th percentilevs Education peers nationwide
$154k
$171k
Base
$141k
Bonus
Other
$1k
Benefits
$6k
Faculty
Highest Compensated Employee
25th percentile to median
$141k
$156k
Faculty
Highest Compensated Employee
10th to 25th percentile
$130k
$144k
Assoc. Provost
Highest Compensated Employee
10th to 25th percentile
$129k
$143k
Vp/chief of Staff
Officer (Unspecified)
$115k
$127k
Program Director, Counseling
Director (Operational)
Median to 75th percentilevs Education peers nationwide
$115k
$127k
Faculty
Highest Compensated Employee
Below 10th percentile
$111k
$122k
VP Enrollment Management (started 9/2023)
Vice President
25th percentile to medianvs Education peers nationwide
$65k
$72k

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 31 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OLIVET COLLEGE equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
1.0%
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 13%
from 2022

From $404k in 2022 to $457k in 2023.

$404k
2022
$457k
2023
In today's dollarsEst.
Up 9% in real terms$463k to $505k

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 13% from 2022 to 2023, while revenue rose 11%.

$404k in 2022 to $457k in 2023.
  • Vice President pay rose 1% from 2022 to 2023.
  • Highest Compensated Employee pay rose 10% 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 OLIVET COLLEGE

What does the Chief Executive Officer of OLIVET COLLEGE earn?

In 2023, the Chief Executive Officer of OLIVET COLLEGE received $457,320 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at OLIVET COLLEGE falls in the top 10%. In 2023, the highest total compensation at OLIVET COLLEGE equaled 1.0% of the organization's total expenses. The median for education organizations is 7%.

What are OLIVET COLLEGE's revenue and expenses?

In 2023, OLIVET COLLEGE reported $43M in total revenue and $46.9M in total expenses on its IRS Form 990.

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