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Filing year 2023

ROCKFORD UNIVERSITY

Rockford, Illinois·EIN 36-2167842·NTEE B430 · Education·501(c)(3)
Total revenue
$45.8M
Total assets
$65.2M
Total expenses
$43.9M
Reported officers
29
Mission

TO EDUCATE PEOPLE TO LEAD RESPONSIBLE LIVES BY MEANS OF A CURRICULUM GROUNDED IN LIBERAL ARTS LEARNING AND COMPLEMENTED AND EXTENDED BY PROFESSIONAL AND PRACTICAL EXPERIENCE, THROUGH THE TOTAL ACADEMIC AND CO-CURRICULAR EXPERIENCE (MISSION CONTINUED ON SCH. O) ROCKFORD UNIVERSITY STRIVES TO PREPARE STUDENTS FOR FULFILLING LIVES, CAREERS AND PARTICIPATION IN A MODERN AND CHANGING GLOBAL SOCIETY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$277k
$306k
Base
$277k
Bonus
Other
Benefits
VP Student Life & Dean of
Vice President
25th percentile to median
$128k
$141k
VP Advancement (term 04/2024)
Vice President
25th percentile to median
$126k
$139k
VP Finance and CFO
25th percentile to median
$125k
$138k
Provost and VP Academic Affairs
Vice President
25th percentile to median
$99k
$109k
VP Finance and CFO (term 05/2023)
25th percentile to median
$80k
$89k
Provost and VP Academic Affairs
Vice President
10th to 25th percentile
$53k
$58k

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 22 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ROCKFORD UNIVERSITY equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.6%
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 25%
from 2022

From $371k in 2022 to $277k in 2023.

$371k
2022
$277k
2023
In today's dollarsEst.
Down 28% in real terms$425k to $306k

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 fell 25% from 2022 to 2023, while revenue rose 5%.

$371k in 2022 to $277k in 2023.
  • Vice President pay fell 21% from 2022 to 2023.
  • Chief Financial Officer pay fell 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 ROCKFORD UNIVERSITY

What does the Chief Executive Officer of ROCKFORD UNIVERSITY earn?

In 2023, the Chief Executive Officer of ROCKFORD UNIVERSITY received $277,119 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at ROCKFORD UNIVERSITY falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ROCKFORD UNIVERSITY equaled 0.6% of the organization's total expenses. The median for education organizations is 7%.

What are ROCKFORD UNIVERSITY's revenue and expenses?

In 2023, ROCKFORD UNIVERSITY reported $45.8M in total revenue and $43.9M in total expenses on its IRS Form 990.

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