THE ALGAE FOUNDATION'S MISSION IS TO PROMOTE THE POWER OF ALGAE TO TRANSFORM HUMAN SOCIETY AND ENVIRONMENT UPON WHICH IT DEPENDS AND TO FACILITATE A FUTURE IN WHICH ALGAE ARE A FUNDAMENTAL SOURCE OF ENERGY, NUTRITION, PRODUCTS, AND ECOLOGICAL SERVICES FOR SUSTAINABLE SOCIETIES GLOBALLY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Environment organizations in Maine.
- Base
- $221k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO Above 90th percentile | $221k | — | — | — | $221k $239k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 7 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at ALGAE FOUNDATION equaled 20% of the organization's total expenses. The median for environment organizations is 11%.
Based on 4,942 environment organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2023
From $202k in 2023 to $221k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue fell 19%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ALGAE FOUNDATION
What does the Chief Executive Officer of ALGAE FOUNDATION earn?
In 2024, the Chief Executive Officer of ALGAE FOUNDATION received $221,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Environment organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ALGAE FOUNDATION compare with similar nonprofits?
Compared with the same role at Environment organizations in Maine, the 2024 pay of the Chief Executive Officer at ALGAE FOUNDATION falls in the top 10%. In 2024, the highest total compensation at ALGAE FOUNDATION equaled 20% of the organization's total expenses. The median for environment organizations is 11%.
What are ALGAE FOUNDATION's revenue and expenses?
In 2024, ALGAE FOUNDATION reported $1.2M in total revenue and $1.1M in total expenses on its IRS Form 990.
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