Sunday, May 20, 2018

`Non-Profit' New School U. Paid Its President $1,286,000 Total Compensation in 2015

Tax-Exempt New School U.'s  Building

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, 2014 and ending June 30, 2015, New School University paid its president, David Van Zandt, a total annual compensation of $1,286,270 in 2015. In addition, an annual salary of $175,000 was also paid by New School University to its former president, New School University President Emeritus Robert Kerrey, in 2015.

In 2015, the “non-profit” New School University also paid its Provost, Tim Marshall, a total annual compensation of $549,537, while New School Chief Enrollment and Success Officer Donald Resnick was paid a total annual compensation of $481,378. In addition, the New School’s Chief Legal Officer, Roy Moskowitz, was paid a total annual compensation of $469,437 in 2015, while the New School's Chief Marketing Officer, Anne Adriance, was paid a total annual compensation of $398,763 that same year.

New School Senior Vice-President for Academic Affairs Mary Sanger was also paid a total annual compensation of $372,214 in 2015, while a total annual compensation of $345,131 was paid to New School COO Olatokymbo Shobowale that same year. Four other New School Senior Vice-Presidents or Vice-Presidents--Arand Padmanabhad, Linda Reimer, Carol Cantrell and Lia Gartner--were also paid total annual compensations exceeding $300,000 by the “non-profit” New School University board of trustees in 2015.

The Deans at New School University in 2015 also apparently were paid a lot more by the “non-profit” New School in real wages than New School cafeteria and clerical workers were paid in 2015.. A New School University Dean named Stephanie Browne, for example, was paid a total annual compensation of $410,924 in 2015, while a New School Dean named Joel Towers was paid a total annual compensation of $389,873 that same year. Two other New School Deans--William Milberg and Richard Kessler--were also paid total annual compensations exceeding $320,000 by the "non-profit" New School University board of trustees in 2015.

In addition, the “non-profit” New School University also paid the following New School University professors total annual compensations that exceeded $300,000 in 2015:

1. New School Professor Paul Goldberger was paid a total annual compensation of $437,364 in 2015;

2. New School Professor Benjamin Lee was paid a total annual compensation of $386,554 in 2015;

3. New School Professor Lisa Servon was paid a total annual compensation of $321,643 in 2015; and

4. New School Professor Ann Stoler was paid a total annual compensation of $320,825 in 20r15.

Some of the other New School University administrators or professors who were paid total annual compensations exceeding $130,000 in 2015, according to New School's Form 990 financial filing, were the following individuals:

1.  New School Dean David Scobey was paid a total annual compensation of $286,468 in 2015;

2.  New School Vice-President and Treasurer Steve Stabile was paid a total annual compensation of $284,475 in 2015;

3.  New School Professor Shelly Fox was paid a total annual compensation of $279,096 in 2015;

4.  New School Vice-President Andrew Atzert was paid a total annual compensation of $265,911 in 2015; 

5.  New School Dean Mary Watson was paid a total annual compensation of $242,210 in 2015;

6.  New School Dean Pippin Parker was paid a total annual compensation of $220,243 in 2015;

7.  New School Professor Michael Schober was paid a total annual compensation of $217,384 in 2015;

8.  New School Professor Stefania De Kenessey was paid a total annual compensation of $186,017 in 2015;

9.  New School Vice President Kerry Krunkel was paid a total annual compensation of $174,291 in 2015; and

10.  New School Chief Development Officer Mark Gibbel was paid a total annual compensation of $138,953 in 2015.

Two New School University contracts, valued at over $5 million, were also given, between July 1, 2014 and June 30, 2015, to two firms owned by family members of two members of the New School University board of trustees, according to New School University's Form 990 financial filing.

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