Executive compensation
Form 990-PF · Part VIII · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Manager of Operations Operations Manager 10th to 25th percentile | $37k $40k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 2 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at BRACE COVE FOUNDATION INC equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$192k
Itemized grants
16
Median grant
$1k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| GLOUCESTER PUBLIC SCHOOLS | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $100k |
| HAWC | SALEM, MA | FOR DONEE'S EXEMPT PURPOSE | $70k |
| LIFEBRIDGE NORTH SHORE | SALEM, MA | FOR DONEE'S EXEMPT PURPOSE | $5k |
| WELLSPRING | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $5k |
| ROCKPORT PUBLIC SCHOOL | ROCKPORT, MA | FOR DONEE'S EXEMPT PURPOSE | $4k |
| BIOMIMICRY NEW ENGLAND | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $1k |
| CAPE ANN VERNAL POND TEAM | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $1k |
| GLOUCESTER FRATERNITY CLUB | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $1k |
| SEASIDE SUSTAINABILITY | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $1k |
| TOGETHER GLOUCESTER | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $1k |
| FILMMAKERS COLLABORATIVE | MELROSE, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
| GLOUCESTER MEETING HOUSE FOUNDATION | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
| HAMMOND CASTLE MUSEUM | GLOUCESTER, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
| MAGNOLIA LIBRARY | MAGNOLIA, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
| ROCKPORT EXCHANGE | ROCKPORT, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
| THATCHER ISLAND ASSOCIATION | ROCKPORT, MA | FOR DONEE'S EXEMPT PURPOSE | $500 |
Up 30%
from 2023
From $29k in 2023 to $37k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Operations Manager pay rose 30% from 2023 to 2024, while revenue fell 56%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BRACE COVE FOUNDATION INC
What does the Operations Manager of BRACE COVE FOUNDATION INC earn?
In 2024, the Operations Manager of BRACE COVE FOUNDATION INC received $37,029 in total compensation. This pay is in the bottom quarter for Operations Manager roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Operations Manager pay at BRACE COVE FOUNDATION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Operations Manager at BRACE COVE FOUNDATION INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at BRACE COVE FOUNDATION INC equaled 15% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are BRACE COVE FOUNDATION INC's revenue and expenses?
In 2024, BRACE COVE FOUNDATION INC reported $113k in total revenue and $243k in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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