This research brief examines administrator perspectives on institutional mission and priorities, while taking note of regional differences in perspectives. In addition, this brief presents other dimensions of the institutional context such as the factors that keep administrators engaged and satisfied in their positions. Given the challenges and opportunities facing community colleges, it is particularly important to understand administrative priorities, as well as factors that affect administrators' satisfaction levels. Research findings include: (1) Administrators indicated that academic transfer, workforce preparation, and lifelong learning remain the mission of community colleges, with an increased emphasis on workforce development and technology usage forecasted for the future; (2) Administrators advocated a more comprehensive mission based on changing constituent needs and a more focused mission because of future funding challenges, reflecting the continuing conflict in institutional priorities; (3) Administrators rated the following external issues as very high in importance at their institutions: state financial support for programs and teaching, linkages with business and industry, and meeting community needs; (4) The most pressing internal issues, according to administrators, were student retention, creation of new program delivery systems, and student recruitment and marketing; and (5) A majority of surveyed administrators indicated that technology support for instructional and administrative processes was of very high importance at their institutions. (Contains 3 tables and 6 figures.)