ASHBY LEGACY FUND (ALF) IS A COMMUNITY-LED ORGANIZATION THAT INVESTS IN THE PRESERVATION OF ASHBY AS A SPECIAL PLACE TO LIVE FOR GENERATIONS TO COME. THE SPECIFIC PURPOSE OF THE CORPORATION IS EDUCATIONAL AND CHARITABLE.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Minnesota.
| Position | Total |
|---|---|
President 10th to 25th percentile | $24k $26k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 11 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at ASHBY LEGACY FUND equaled 15% of the organization's total expenses. The median for education organizations is 6%.
Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Held steady
from 2023
From $24k in 2023 to $24k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay held roughly steady from 2023 to 2024, while revenue rose 13%.
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 ASHBY LEGACY FUND
What does the Chief Executive Officer of ASHBY LEGACY FUND earn?
In 2024, the Chief Executive Officer of ASHBY LEGACY FUND received $24,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Minnesota, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ASHBY LEGACY FUND compare with similar nonprofits?
Compared with the same role at Education organizations in Minnesota, the 2024 pay of the Chief Executive Officer at ASHBY LEGACY FUND falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ASHBY LEGACY FUND equaled 15% of the organization's total expenses. The median for education organizations is 6%.
What are ASHBY LEGACY FUND's revenue and expenses?
In 2024, ASHBY LEGACY FUND reported $365k in total revenue and $163k in total expenses on its IRS Form 990.
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