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Filing year 2023

ST OLAF COLLEGE

Northfield, Minnesota·EIN 41-0693979·NTEE B420 · Education·501(c)(3)
Total revenue
$299.9M
Total assets
$1.2B
Total expenses
$272.6M
Reported officers
42
Mission

ST. OLAF COLLEGE CHALLENGES STUDENTS TO EXCEL IN THE LIBERAL ARTS, EXAMINE FAITH AND VALUES, AND EXPLORE MEANINGFUL VOCATION IN AN INCLUSIVE, GLOBALLY ENGAGED COMMUNITY NOURISHED BY LUTHERAN TRADITION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2023

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

Former President
Former Officer/director/trustee
Above 90th percentile
$805k
$890k
Base
$741k
Bonus
Other
$10k
Benefits
$25k
President
Above 90th percentilevs Education peers in Minnesota
$375k
$414k
Base
$310k
Bonus
Other
$6k
Benefits
$44k
Provost and Dean of the College
Officer (Unspecified)
$297k
$328k
Base
$258k
Bonus
Other
$255
Benefits
$15k
General Counsel
Officer (Unspecified)
$270k
$298k
Base
$246k
Bonus
Other
$255
Benefits
$2k
VP for Advancement
Vice President
75th to 90th percentile
$265k
$293k
Base
$231k
Bonus
Other
$2k
Benefits
$10k
VP for Enrollment
Vice President
75th to 90th percentile
$264k
$291k
Base
$224k
Bonus
Other
$3k
Benefits
$15k
Dean of Admissions and Financial Aid
Highest Compensated Employee
75th to 90th percentilevs Education peers in Minnesota
$211k
$233k
Base
$170k
Bonus
Other
$1k
Benefits
$24k
VP for Student Life
Vice President
Median to 75th percentile
$208k
$230k
Base
$168k
Bonus
Other
Benefits
$24k
Chief Information Officer
Median to 75th percentile
$192k
$212k
Base
$167k
Bonus
Other
Benefits
$9k
Asst VP for Advancement
Board Vice President
25th percentile to median
$179k
$198k
Base
$161k
Bonus
Other
$753
Benefits
$3k
Former VP for Human Resources
Vice President
Median to 75th percentile
$178k
$196k
Base
$150k
Bonus
Other
$4k
Benefits
$9k
Chief Marketing Officer
Highest Compensated Employee
Median to 75th percentilevs Education peers in Minnesota
$174k
$192k
Base
$158k
Bonus
Other
$322
Benefits
$2k
Asst VP and Controller
Controller
Median to 75th percentile
$170k
$188k
Base
$134k
Bonus
Other
$501
Benefits
$24k
Asst VP for Budget and Auxiliaries
Board Vice President
25th percentile to median
$167k
$185k
Base
$146k
Bonus
Other
$6k
Benefits
$3k
Secretary
Secretary (Operational)
75th to 90th percentile
$166k
$184k
Base
$135k
Bonus
Other
$4k
Benefits
$15k
Associate Provost
Officer (Unspecified)
$146k
$161k
Former VP and CFO
Former Officer/director/trustee
25th percentile to median
$135k
$149k
Base
$114k
Bonus
Other
$4k
Benefits
$6k
Interim VP for Equity and Inclusion
Vice President
25th percentile to median
$118k
$131k
VP and CFO
25th percentile to medianvs Education peers in Minnesota
$102k
$113k

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 23 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ST OLAF COLLEGE 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.

Climbed 37%
over 2 years

From $589k in 2021 to $805k in 2023.

$589k
2021
$584k
2022
$805k
2023
In today's dollarsEst.
Up 22% in real terms$729k to $890k

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 36% from 2021 to 2023, while revenue rose 2%.

$589k in 2021 to $375k in 2023.
  • Vice President pay rose 4% from 2021 to 2023.
  • Highest Compensated Employee pay rose 17% from 2021 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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 ST OLAF COLLEGE

What does the Former Officer/director/trustee of ST OLAF COLLEGE earn?

In 2023, the Former Officer/director/trustee of ST OLAF COLLEGE received $805,495 in total compensation. This pay is in the top 10% for Former Officer/director/trustee roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at ST OLAF COLLEGE compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Former Officer/director/trustee at ST OLAF COLLEGE falls in the top 10%. In 2023, the highest total compensation at ST OLAF COLLEGE equaled 0.3% of the organization's total expenses. The median for education organizations is 7%.

What are ST OLAF COLLEGE's revenue and expenses?

In 2023, ST OLAF COLLEGE reported $299.9M in total revenue and $272.6M in total expenses on its IRS Form 990.

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