Macalester prez highest earner among Minnesota private-college presidents

Macalester’s Rosenberg is #1. (The Chronicle of Higher Education)

As a side note to the recent ranking of public-university presidents, Macalester College President Brian Rosenberg topped the most recent Chronicle of Higher Education ranking of the highest-paid presidents among Minnesota private colleges. (Warning: A subscription may be required.)

Not listed in the snapshot above are Pamela Jolicoeur of Concordia College – Moorhead ($185,763), Sister Andrea J. Lee of St. Catherine University ($28,350) and Brother William Mann of Saint Mary’s University of Minnesota ($5,770).

Here’s how the Chronicle compares his pay with that of presidents at what it considers “similar” colleges:

First among equals? (The Chronicle of Higher Education)

Not shown are Marvin Krislov of Oberlin College ($462,058), Thomas W. Ross of Davidson College ($435,437) and Jeffrey Herbst of Colgate University ($282,259).

  • MTJ

    Why is St. John’s not included on the list?

  • afriedrich

    Not sure. It’s not in the database. It may not have filed the necessary paperwork, or may have excluded itself in some other way. I’ll try to make a call, but here are the notes on the data:

    “These data show the compensation received in 2010 by 494 chief
    executives at 481 private, nonprofit colleges in the United States. Data
    for 2009 reflect 519 chief executives at 482 colleges.

    The Chronicle compiled compensation data from the Internal Revenue
    Service’s Form 990, which is filed by most major nonprofit entities. We
    obtained each institution’s form from the college or from GuideStar, an
    organization that posts the documents online.

    Our analysis included private colleges that were classified as
    research, master’s, and baccalaureate institutions by the Carnegie
    Foundation for the Advancement of Teaching, and had at least $50-million
    in expenditures. The data exclude colleges that claimed religious
    exemption from filing the Form 990. The religious affiliation filter
    applies to those cases where the survey included 10 or more colleges of
    the same affiliation.

    Because of changes in the IRS Form 990 during the 2008-9 tax year,
    compensation is reported by calendar year, and revenues and expenditures
    are reported by fiscal year.

    At some colleges, more than one president serves during a calendar
    year. All people who served in the capacity of chief executive were used
    in the analysis, including interim leaders if they served for at least
    six months. Sometimes salary data for a new or interim president may
    include compensation from a previous position at the same college within
    the same year. For analyses that combined or averaged presidential
    compensations, partial-year presidents were excluded.

    Some religious-affiliated colleges offer little or no compensation to their executives as reported on their 990 forms.

    Biographical data and information about presidential tenures were
    obtained from college Web sites, newspaper archives, or university
    offices.

    The Chronicle determines “similar colleges” through an
    algorithm that includes such factors as enrollment size, percentage of
    students receiving Pell Grants, percentage of the student body
    considered to be on track to graduate, admission rate, Carnegie type,
    religious affiliation, whether the institution is a historically black
    college, and SAT scores of the incoming class.”