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Filing year 2023

RANDOLPH-MACON COLLEGE

Ashland, Virginia·EIN 54-0505940·NTEE B420 · Education·501(c)(3)
Total revenue
$101.9M
Total assets
$412.1M
Total expenses
$108.2M
Reported officers
55
Mission

A RANDOLPH-MACON COLLEGE LIBERAL ARTS EDUCATION DEVELOPS THE MIND AND CHARACTER OF EACH STUDENT.

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 Virginia.

President
Above 90th percentile
$553k
$604k
Base
$303k
Bonus
$100k
Other
$8k
Benefits
$55k
VP Admin & Finance, Treasu
Vice President
75th to 90th percentile
$311k
$339k
Base
$177k
Bonus
$78k
Other
$2k
Benefits
$25k
Provost
Key Employee
Median to 75th percentile
$211k
$230k
Base
$189k
Bonus
Other
$414
Benefits
$12k
VP Advancement
Board Vice President
25th percentile to median
$201k
$219k
Base
$176k
Bonus
Other
$5k
Benefits
$11k
Chair & Phy. Asst Prog Dir
Board Chair
75th to 90th percentilevs Education peers nationwide
$187k
$204k
Base
$158k
Bonus
Other
$270
Benefits
$20k
Founding Chair of Nursing
Board Chair
75th to 90th percentilevs Education peers nationwide
$187k
$204k
Base
$153k
Bonus
$25k
Other
$414
Benefits
$725
VP Enrollment
Board Vice President
25th percentile to median
$178k
$194k
Base
$152k
Bonus
Other
Benefits
$19k
VP Student Affairs
Board Vice President
25th percentile to median
$165k
$181k
Base
$125k
Bonus
Other
$774
Benefits
$33k
Asst Professor Economics/business
Highest Compensated Employee
25th percentile to median
$142k
$155k
Assoc. VP Marketing & Comm
Board Vice President
25th percentile to median
$135k
$147k
Exec. Asst to President
10th to 25th percentile
$44k
$48k

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 44 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at RANDOLPH-MACON COLLEGE equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.5%
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 26%
from 2022

From $440k in 2022 to $553k in 2023.

$440k
2022
$553k
2023
In today's dollarsEst.
Up 20% in real terms$502k to $604k

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 26% from 2022 to 2023, while revenue fell 5%.

$440k in 2022 to $553k in 2023.
  • Vice President pay rose 42% from 2022 to 2023.
  • Key Employee pay rose 13% 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 RANDOLPH-MACON COLLEGE

What does the Chief Executive Officer of RANDOLPH-MACON COLLEGE earn?

In 2023, the Chief Executive Officer of RANDOLPH-MACON COLLEGE received $553,437 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RANDOLPH-MACON COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at RANDOLPH-MACON COLLEGE falls in the top 10%. In 2023, the highest total compensation at RANDOLPH-MACON COLLEGE equaled 0.5% of the organization's total expenses. The median for education organizations is 7%.

What are RANDOLPH-MACON COLLEGE's revenue and expenses?

In 2023, RANDOLPH-MACON COLLEGE reported $101.9M in total revenue and $108.2M in total expenses on its IRS Form 990.

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