Rivier University FY2021 filing
Educates students in liberal arts and professional fields to serve the world. For fiscal year 2021 it reported $55.2M in revenue, $49.9M in expenses, and $93.0M in net assets.Pt I
- Founded
- 1947
- Type
- Higher education institution · Colleges & Universities
- Location
- Nashua, NH
- Website
- www.rivier.edu
- Filings
- 5 on file (2020–2021)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Clair Glossner’s $201K as Ft Faculty is at the 37th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Clair Glossner | $200,790 | $199,600 | — | — | — | — |
| Paula Williams | $192,680 | $146,028 | $143,614 | $134,511 | — | $126,117 |
| David Pitts | — | $184,742 | — | — | — | — |
| Ralph Sperry | $181,727 | — | — | — | — | — |
| Douglas Howard | — | — | — | — | $113,216 | $177,849 |
| Brian Ernsting | — | $176,150 | $173,687 | $166,494 | $82,420 | — |
| Dr John Gleason | $148,587 | $156,280 | $163,524 | $165,056 | $156,998 | $144,749 |
| Steven Perrotta | $162,379 | $147,586 | $137,517 | $127,134 | $23,832 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Instructional, academic support, and student services expenses related to providing instructional services for 2,742 undergraduate, graduate, and doctoral students. Instructional programs range from liberal arts to professional studies. Programs such as nursing and education lead to licensure.
For students living beyond a reasonable commuting distance, or students within a reasonable commuting distance who elect to have an in-residence experience, the University provided room and board for an average of 275 students during FY 2020-21.
Early Childhood Center, which functions as a laboratory school for the University's undergraduate and graduate Education Programs, serves the greater Nashua community providing a safe, learning environment for children up to kindergarten age.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 83% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 3% | — | — |
| Revenue growth | 10% | — | — |
| Legal fee ratio | 0.01% | — | — |
| Accounting fee ratio | 0.1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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