Hillsdale College
Hillsdale, MI · EIN 38-1374230 · Education · Rank 1,568 by total revenue
Hillsdale college is a private liberal arts college with approximately 1,500 students. founded in 1844, the college remains, in the words of its articles of association, "grateful to god for the inestimable blessings resulting from the prevalence of civil and religious liberty and intelligent piety" in our nation, and dedicated to "the diffusion of sound learning" that is "essential to the perpetuity of these blessings."
Money, Form 990 for tax year 2024
- Total revenue
- $423,688,130
- Total expenses
- $292,735,155
- Total assets
- $2,265,227,618
- Salary base (all salaries and wages)
- $71,154,954
- Salaries, other pay and benefits
- $89,966,133
- Employees
- 2,350
- Salary base per employee
- $30,279
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (43)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Larry P Arnn | PRESIDENT | Board, Officer | 40 | $1,325,414 |
| Richard P Pewe | VP OF ADMIN. AFFAIRS & SECRETARY | Officer | 40 | $364,976 |
| Patrick H Flannery | VP FOR FINANCE & TREASURER-PART YEAR | Officer | 40 | $307,299 |
| Patrick L Sajak | CHAIRMAN OF THE BOARD | Board, Officer | 4.5 | None reported |
| Stephen A Van Andel | VICE CHAIRMAN OF THE BOARD | Board, Officer | 4.5 | None reported |
| William J Brodbeck | TRUSTEE, CHAIRMAN EMERITUS | Board, Officer | 1 | None reported |
| John Cervini | EVP FOR INST. ADVANCEMENT | Key employee | 40 | $617,108 |
| Robert Norton | VP & GENERAL COUNSEL | Key employee | 40 | $454,620 |
| Bill Gray | VP FOR INST. ADVANCEMENT | Key employee | 40 | $399,447 |
| Christopher Van Orman | PROVOST | Key employee | 40 | $373,429 |
| Alice H Hanley | TRUSTEE | Board | 1 | None reported |
| Bruce C Sanborn | TRUSTEE | Board | 1 | None reported |
| Brian S Wesbury | TRUSTEE | Board | 1 | None reported |
| Chris Chocola | TRUSTEE | Board | 1 | None reported |
| Christopher F Bachelder | TRUSTEE | Board | 1 | None reported |
| Cleves R Delp | TRUSTEE | Board | 1 | None reported |
| Daniel S Peters | TRUSTEE | Board | 1 | None reported |
| David A Durell | TRUSTEE | Board | 1 | None reported |
| David R Hough | TRUSTEE | Board | 1 | None reported |
| Donna R Ecton | TRUSTEE | Board | 1 | None reported |
| Gregory C Schuler | TRUSTEE | Board | 1 | None reported |
| James J Meeks | TRUSTEE | Board | 1 | None reported |
| Jeffrey H Coors | TRUSTEE | Board | 1 | None reported |
| Jessica A Faubert | TRUSTEE | Board | 1 | None reported |
| Kurt D Grindstaff | TRUSTEE | Board | 1 | None reported |
| Mark L Johnson | TRUSTEE | Board | 1 | None reported |
| Nena C Moss | TRUSTEE | Board | 1 | None reported |
| Nersi H Nazari | TRUSTEE | Board | 1 | None reported |
| R Mark Hamlin Jr | TRUSTEE | Board | 1 | None reported |
| Richard E Hunter | TRUSTEE | Board | 1 | None reported |
| Ronald C Nolan | TRUSTEE | Board | 1 | None reported |
| Ronald D Robson | TRUSTEE | Board | 1 | None reported |
| S Gunnar Klarr | TRUSTEE | Board | 1 | None reported |
| Thomas N Jordan Jr | TRUSTEE | Board | 1 | None reported |
| Thomas C Shafer | TRUSTEE | Board | 1 | None reported |
| Tobias W Buck | TRUSTEE | Board | 1 | None reported |
| William A Nolan III | TRUSTEE | Board | 1 | None reported |
| William L Fraim | TRUSTEE | Board | 1 | None reported |
| Julie R Teel | TRUSTEE | Board | 1 | None reported |
| Rebekah A Mercer | TRUSTEE | Board | 1 | None reported |
| Kyriakos Tsakopoulos | TRUSTEE | Board | 1 | None reported |
| Wayne R Nelson | TRUSTEE - PART YEAR | Board | 1 | None reported |
| Charles S McIntyre III | TRUSTEE - PART YEAR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $4,996,535, which is 7.0% of the $71,154,954 salary base shared by 2,350 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Larry P Arnn | PRESIDENT | Board, Officer | 40 | $1,226,266 | $0 | $99,148 | $1,325,414 |
| John Cervini | EVP FOR INST. ADVANCEMENT | Key employee | 40 | $550,844 | $0 | $66,264 | $617,108 |
| Robert Norton | VP & GENERAL COUNSEL | Key employee | 40 | $389,870 | $0 | $64,750 | $454,620 |
| Doug Banbury | VP FOR ADMISSIONS & BUS DEVELOPMENT | Highly paid employee | 40 | $341,943 | $0 | $61,894 | $403,837 |
| Matthew Spalding | VP FOR DC OPS & DEAN OF VASOG | Highly paid employee | 40 | $333,787 | $0 | $68,099 | $401,886 |
| Bill Gray | VP FOR INST. ADVANCEMENT | Key employee | 40 | $340,811 | $0 | $58,636 | $399,447 |
| Christopher Van Orman | PROVOST | Key employee | 40 | $325,502 | $0 | $47,927 | $373,429 |
| Richard P Pewe | VP OF ADMIN. AFFAIRS & SECRETARY | Officer | 40 | $300,477 | $0 | $64,499 | $364,976 |
| David Whalen | ASSOCIATE VP FOR CURRICULUM | Highly paid employee | 40 | $269,065 | $0 | $59,454 | $328,519 |
| Matt Schlientz | ASSOCIATE VP OF PROGRAMS | Highly paid employee | 40 | $270,041 | $0 | $57,258 | $327,299 |
Sources
- IRS e-file return 202631359349308808 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 38-1374230
- Organization website (as filed): www.hillsdale.edu