Hanover College

Education organization based in Hanover, IN. 853 employees. Exempt under §501(c)(3).

MissionSince its founding in 1827, Hanover College has been committed to providing a true liberal arts education. Hanover College offers 35 Majors of study as well as the opportunity for students to self-design their own major. Hanover also offers 8 Pre-Professional pathways and a

Financial snapshot · TY 2023

$78.9M
Total revenue
$85.9M
Total expenses
$253.3M
Net assets

Financial health · TY 2023

79
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
64
11.5 months of expenses
Program efficiency
100
90.2% spent on programs
Revenue diversity
69
Mix of program fees, grants & contributions

Leadership compensation

$370,644
62th percentile vs. peers
Dewain Lee
VP for Student Affairs (until 8/31/23)
$246,716
56th percentile vs. peers
Carey Adams
PROVOST AND VICE PRESIDENT FOR ACADEMIC AFFAIRS
$204,823
56th percentile vs. peers
Melba Rodriguez
VP FOR ADVANCEMENT
$202,040
56th percentile vs. peers
Kerry Volansky
Associate Provost for Graduate Studies
$190,610
56th percentile vs. peers

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Hanover College Executive Compensation | 990 Data | DoubleNine