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Posts tagged ‘John Coverdale’

10
Jun

Executive Compensation at Seton Hall University

Seton Hall University (Seton Hall) – one of the countries leading Catholic universities – is located in South Orange, NJ (main campus), Newark, NJ (law school), Clifton and Nutley, NJ (College of Nursing and School of Health and Medical Sciences),  and Hackensack (School of Medicine).  10,000 students (6,000 undergraduate and 4,000 graduate) attend Seton Hall. Undergraduate tuition, room, board, and fees total about $60,000 annually or $240,000 for four years.

In 2017, Seton Hall reported total revenue of $415 million, of which $343 million (83% of revenue) came from program services (tuition, room and board, fees, and medical residency program). The remaining revenue primarily came from contributions, gains on the sale of assets, athletics, parking, and government grants.

Expenses totaled $399 million (including $17 million in depreciation) including $133 million in grants.  The $16 million in unspent revenue along with $14 million in net unrealized gains on investments allowed net assets (often referred to as the endowment) to increase from $420 million at the beginning of the year to $450 million at year-end. Read more »