Sunday, December 14, 2008

"Non-Profit" New School Paid Its President $457,000 In 2006

The tax-exempt New School University in Manhattan claims to be a “non-profit” institution. Yet according to its Form 990 filing for the year beginning July 1, 2005 and ending June 30, 2006, New School University earned over $3.5 million in dividends and interest from the over $233 million in stocks and bonds which the New School then owned. And the “non-profit” New School University board of trustees paid its president—a former participant in the U.S. War Machine’s immoral military intervention in Viet Nam named Robert Kerrey—an annual salary of $457,329 in 2006.

In 2006, the “non-profit” New School University also paid its then-Provost, Arjun Appandurai, and its executive vice-president, James Murtha, each annual salaries of $360,782. In addition, the New School’s then-Vice-President for Development, Kristin Sorenson, was paid an annual salary of $224,462 in 2006, while the New School’s then-Senior Vice- President for Student Life, Linda Reimer, was paid an annual salary of $224,646 that same year.

New School Vice-President for Human Resources Carol Cantrell was also paid an annual salary of $209,877 in 2006, while an annual salary of $205,877 was paid to New School Vice-President for CEA Nancy Donner Martin that same year. Two other New School Vice-Presidents, Frank Barletta and Sherry Brabham, were also paid annual salaries exceeding $197,000 by the “non-profit” New School University board of trustees in 2006.

The Deans at New School University in 2006 also apparently were paid a lot more by the “non-profit” New School in real wages than clerical workers like myself were paid by the New School Administration when I worked at the New School registrar’s office in the late 1970s. A New School University Dean named Paul Goldberger, for example, was paid an annual salary of $356,618 in 2006, while a New School Dean named Fred Hochberg was paid an annual salary of $265,043 that same year. Another New School Dean named Benjamin Lee was also paid an annual salary of $233,077 in 2006.

In addition, the “non-profit” New School University also paid two of its professors, Professor Claudio Lomnitz and Professor Ann Stolar, annual salaries that exceeded $174,000 in 2006; while a New School professor named Adolph Reed was apparently paid an annual salary by the “non-profit” New School of $215,305 in 2003, according to the Form 990 financial files for the 2002-2003 academic year.

(additional information added on Nov. 23, 2011)
Some more updated figures on salary from form 990 filing for 2009 for the year beginning 7/1/09 and ending 6/30/10:
During 2009-2010 academic year, the "Non-profit" New School paid its president, administrators and some of its professors the following annual salaries:

1. New School President Bob Kerrey was paid an annual salary of $687,812;

2. New School EVP James Murtha was paid an annual salary of $501,770;

3. New School Provost Tim Marshall was paid an annual salary of $427,435;

4. New School SVP Frank Barletta was paid an annual salary of $300,495;

5. New School SVP Carol Cantrell was paid an annual salary of $266,445;

6. New School SVP Shelley Reed was paid an annual salary of $287,232;

7. New School SVP Mary Sanger was paid an annual salary of $246,197;

8. New School VP Lia Gartner was paid an annual salary of $282,490;

9. New School VP Robert Gay was paid an annual salary of $274,470;

10. New School VP Ben Lee was paid an annual salary of $569,900;

11.New School VP Nancy Donner was paid an annual salary of $261,156;

12. New School VP Roy Moskowitz was paid an annual salary of $276,408;

13. New School VP Doris Suarez was paid an annual salary of $269,612;

14. New School SVP Kristin Sorenson was paid an annual salary of $239,331;

15. New School SVP Joseph Westphal was paid an annual salary of $360,419;

16. New School SVP Linda Reimer was paid an annual salary of $263,802;

17. New School Dean Linda Dunne was paid an annual salary of $267,462;

18. New School Dean Neil Gordon was paid an annual salary of $247,976;

19. New School Dean Joel Lester was paid an annual salary of $242,883;

20. New School Drama School Director Robert Lupone was paid an annual salary of $218,309;

21. New School Dean Michael Schrober was paid an annual salary of $242,910;

22. New School Dean Lisa Servon was paid an annual salary of $268,968;

23. New School Dean Joel Towers was paid an annual salary of $227,061;

24. New School Dean Jonathan Veitch was paid an annual salary of 154,849;

25. New School Professor Sinom Collins was paid an annual salary of $223,597;

26. New School Professor Paul Goldberger was paid an annual salary of $210,668;

27. New School discharged Professor Ann Stoler was paid an annual salary of $267,945;

28. New School Professor Richard Bernstein was paid an annual salary of $206,730;

29. New School Professor William Bevington was paid an annual salary of $188,532;

30. New School VP Nancy Stier was paid an annual salary of $216,685; and

31. New School Professor Greggory Spence was paid an annual salary of $132,228.

3 comments:

saffo said...

This is great! Do you have sources for this? I'd be interested in finding more updated information about this. If my calculations are right, the top 5 of them combined, their salaries could pay for 60 students annual tuition.

b.f. said...

If you go to the guidestar.com site and register there for free, you're able to view the form 990 irs filings for recent years of tax-exempt, "non-profit" institutions like universities such as the New School. Within the form 990 reports are listed all employees of the "non-profit" university who are paid over $100,000 in annual compensation.
http://www2.guidestar.org/

b.f. said...

Some more updated figures on salary from form 990 filing for 2009 for the year beginning 7/1/09 and ending 6/30/10:
During 2009-2010 academic year, the "Non-profit" New School paid its president, administrators and some of its professors the following annual salaries:

1. New School President Bob Kerrey was paid an annual salary of $687,812;

2. New School EVP James Murtha was paid an annual salary of $501,770;

3. New School Provost Tim Marshall was paid an annual salary of $427,435;

4. New School SVP Frank Barletta was paid an annual salary of $300,495;

5. New School SVP Carol Cantrell was paid an annual salary of $266,445;

6. New School SVP Shelley Reed was paid an annual salary of $287,232;

7. New School SVP Mary Sanger was paid an annual salary of $246,197;

8. New School VP Lia Gartner was paid an annual salary of $282,490;

9. New School VP Robert Gay was paid an annual salary of $274,470;

10. New School VP Ben Lee was paid an annual salary of $569,900;

11.New School VP Nancy Donner was paid an annual salary of $261,156;

12. New School VP Roy Moskowitz was paid an annual salary of $276,408;

13. New School VP Doris Suarez was paid an annual salary of $269,612;

14. New School SVP Kristin Sorenson was paid an annual salary of $239,331;

15. New School SVP Joseph Westphal was paid an annual salary of $360,419;

16. New School SVP Linda Reimer was paid an annual salary of $263,802;

17. New School Dean Linda Dunne was paid an annual salary of $267,462;

18. New School Dean Neil Gordon was paid an annual salary of $247,976;

19. New School Dean Joel Lester was paid an annual salary of $242,883;

20. New School Drama School Director Robert Lupone was paid an annual salary of $218,309;

21. New School Dean Michael Schrober was paid an annual salary of $242,910;

22. New School Dean Lisa Servon was paid an annual salary of $268,968;

23. New School Dean Joel Towers was paid an annual salary of $227,061;

24. New School Dean Jonathan Veitch was paid an annual salary of 154,849;

25. New School Professor Sinom Collins was paid an annual salary of $223,597;

26. New School Professor Paul Goldberger was paid an annual salary of $210,668;

27. New School discharged Professor Ann Stoler was paid an annual salary of $267,945;

28. New School Professor Richard Bernstein was paid an annual salary of $206,730;

29. New School Professor William Bevington was paid an annual salary of $188,532;

30. New School VP Nancy Stier was paid an annual salary of $216,685; and

31. New School Professor Greggory Spence was paid an annual salary of $132,228.