Newly released tax documents reveal Webster University President Elizabeth Stroble received a $75,000 bonus during the 2013 tax year, which began on Jan. 1 and ended Dec. 31. These forms obtained by The Journal on April 16, showed that university Provost Julian Schuster received a $45,000 bonus. The tax documents, known as the 990 tax forms, revealed the earnings of the top 10 current and former Webster administrators.
Stroble earned $500,174 total which included her salary, bonus, reportable compensation, retirement and nontaxable benefits. While her base salary increased by $5,219, Stroble’s bonus decreased by $10,000 from the previous fiscal year. Schuster’s compensation totaled $357,177. His base salary increased by $2,145 while his bonus was consistent from the previous fiscal year.
Susan Polgar, head coach and grandmaster of the Susan Polgar Institute for Chess Excellence (SPICE), received total compensation of $280, 626, including a $75,000 bonus.
Greg Gunderson, the university’s chief financial officer received total compensation of $221,448. Gunderson and Laura Rein, then the university’s secretary, did not receive bonuses like they had during the previous fiscal year. However, both received higher base salaries. Rein’s base increased by $3,403 while Gunderson’s increased $11,605.
According to the College and University Professional Association for Human Resources, the salary increase of senior administrators of private institutions rose nationally by 2.3 percent. According to Webster’s tax documents, Stroble’s base salary increased one percent while Schuster’s base salary increased by 0.8 percent.
The only administrator whose salary increase was above the national average was Gunderson’s at 6.6 percent.
The tax forms show Benjamin Akande, dean of the George Walker School of Business and Technology, received total compensation of $282,116, a slight dip from the previous year. Neil George, Webster’s former chancellor, received total compensation of $244,609.