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Filing year 2023

SALVE REGINA UNIVERSITY

Newport, Rhode Island·EIN 05-0259080·NTEE B430 · Education·501(c)(3)
Total revenue
$136.8M
Total assets
$223.9M
Total expenses
$139.4M
Reported officers
46
Mission

AS AN ACADEMIC COMMUNITY THAT WELCOMES PEOPLE OF ALL BELIEFS, SALVE REGINA UNIVERSITY, A CATHOLIC INSTITUTION FOUNDED BY THE SISTERS OF MERCY, SEEKS WISDOM AND PROMOTES UNIVERSAL JUSTICE. THE UNIVERSITY, THROUGH TEACHING AND RESEARCH, (SEE SCHEDULE O FOR CONTINUATION) PREPARES MEN AND WOMEN FOR RESPONSIBLE LIVES BY IMPARTING AND EXPANDING KNOWLEDGE, DEVELOPING SKILLS AND CULTIVATING ENDURING VALUES. THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS, STUDENTS DEVELOP THEIR ABILITIES FOR THINKING CLEARLY AND CREATIVELY, ENHANCE THEIR CAPACITY FOR SOUND JUDGMENT, AND PREPARE FOR THE CHALLENGE OF LEARNING THROUGHOUT THEIR LIVES. IN KEEPING WITH THE TRADITIONS OF THE SISTERS OF MERCY, AND RECOGNIZING THAT ALL PEOPLE ARE STEWARDS OF GOD'S CREATION, THE UNIVERSITY ENCOURAGES STUDENTS TO WORK FOR A WORLD THAT IS HARMONIOUS, JUST AND MERCIFUL.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

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

President
Above 90th percentilevs Education peers in Rhode Island
$482k
$538k
Base
$387k
Bonus
Other
$446
Benefits
$68k
VP for Advancement
Board Vice President
75th to 90th percentile
$310k
$347k
Base
$263k
Bonus
Other
$446
Benefits
$25k
VP for Operations/cfo
Vice President
75th to 90th percentile
$290k
$324k
Base
$245k
Bonus
Other
$446
Benefits
$25k
Provost/vp for Academic Affairs
Key Employee
75th to 90th percentile
$281k
$314k
Base
$242k
Bonus
Other
$446
Benefits
$20k
Former VP Administration/cfo
Board Vice President
75th to 90th percentile
$280k
$312k
Base
$243k
Bonus
Other
$446
Benefits
$20k
VP for Strategic Initiatives
Board Vice President
75th to 90th percentile
$262k
$292k
Base
$176k
Bonus
Other
$398
Benefits
$71k
VP for Student Affairs
Board Vice President
75th to 90th percentile
$256k
$286k
Base
$165k
Bonus
Other
$395
Benefits
$78k
VP for Enrollment Management
Board Vice President
Median to 75th percentile
$222k
$247k
Base
$176k
Bonus
Other
$408
Benefits
$30k
Chief Information Officer
Median to 75th percentile
$218k
$243k
Base
$174k
Bonus
Other
$380
Benefits
$30k
Chief of Staff
Key Employee
Median to 75th percentile
$215k
$240k
Base
$168k
Bonus
Other
$398
Benefits
$32k
Vice Provost & Dean of Undergraduate Studies
Highest Compensated Employee
Median to 75th percentile
$204k
$228k
Base
$161k
Bonus
Other
$372
Benefits
$30k
Vice Provost Grad.prof Pgm
Highest Compensated Employee
Median to 75th percentile
$196k
$219k
Base
$160k
Bonus
Other
$374
Benefits
$24k
AVP of Development and Planned Giving
Highest Compensated Employee
Median to 75th percentile
$187k
$209k
Base
$162k
Bonus
Other
$365
Benefits
$11k
AVP Controller
Controller
Median to 75th percentile
$185k
$207k
Base
$171k
Bonus
Other
$383
Benefits
$420
Special Assistant to the President
Former Officer/director/trustee
Median to 75th percentile
$172k
$192k
Base
$148k
Bonus
Other
$337
Benefits
$12k
VP for Mission, Planning and Innovation
Board Vice President
25th percentile to median
$167k
$186k
Base
$152k
Bonus
Other
$386
Benefits
$2k
Chancellor
Officer (Unspecified)
$125k
$139k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 29 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SALVE REGINA UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.3%
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 3%
from 2022

From $467k in 2022 to $482k in 2023.

$467k
2022
$482k
2023
In today's dollarsEst.
Roughly flat in real terms$540k to $538k

Estimated with BLS CPI-U for the Northeast 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 3% from 2022 to 2023, while revenue held roughly steady.

$467k in 2022 to $482k in 2023.
  • Board Vice President pay held roughly steady from 2022 to 2023.
  • Vice President pay rose 20% 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 SALVE REGINA UNIVERSITY

What does the Chief Executive Officer of SALVE REGINA UNIVERSITY earn?

In 2023, the Chief Executive Officer of SALVE REGINA UNIVERSITY received $481,754 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Rhode Island: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Rhode Island, the 2023 pay of the Chief Executive Officer at SALVE REGINA UNIVERSITY falls in the top 10%. In 2023, the highest total compensation at SALVE REGINA UNIVERSITY equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are SALVE REGINA UNIVERSITY's revenue and expenses?

In 2023, SALVE REGINA UNIVERSITY reported $136.8M in total revenue and $139.4M in total expenses on its IRS Form 990.

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