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Filing year 2023

VAN ANDEL EDUCATION INSTITUTE

Grand Rapids, Michigan·EIN 52-2000824·NTEE B24Z · Education·3
Total revenue
$5.7M
Total assets
$11.7M
Total expenses
$7M
Reported officers
12
Mission

OPERATION OF VAN ANDEL INSTITUTE GRADUATE SCHOOL (VAIGS) AND VAN ANDEL EDUCATION INSTITUTE (VAEI).

Executive compensation

Form 990 · Schedule J · 12 reported individuals · Filing year 2023

Chairman / CEO
board chair
$108k
$119k
Chief Strategic Officer - End 7/2024
key employee
$95k
$105k
General Counsel
key employee
$95k
$105k
Cao/cfo
officer (unspecified)
$93k
$103k
Vaei Director
director (operational)
$73k
$81k
Associate Dean of Graduate School
highest compensated employee
$26k
$28k
Director of Enrollment
highest compensated employee
$22k
$24k
Director of Assessment & Pd
highest compensated employee
$20k
$23k
Vaei Trustee
board member
$15k
$16k
Vaei Trustee
board member
$12k
$13k
Vaei Trustee
board member
$10k
$10k
Vaei Trustee
board member
$10k
$10k

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.

Browse compensation in Education

Down 53%
from 2022

From $231k in 2022 to $108k in 2023.

$231k
2022
$108k
2023
In today's dollarsEst.
Down 55% in real terms$265k to $119k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

VAN ANDEL EDUCATION INSTITUTE reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.9M
$5.2M
2022
$5.7M
$7M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $73,500.

25th percentile
$36k
Median
$73,500
75th percentile
$198k
90th percentile
$424k

These are education sector-wide figures, not this organization's reported pay. Based on 159 organizations across 159 filings (2021 – 2023).

See full Education pay data for Michigan
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