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Filing year 2023

CERRITOS COLLEGE FOUNDATION

Norwalk, California·EIN 95-3387108·NTEE B42I · Education·501(c)(3)
Total revenue
$1.5M
Total assets
$10.3M
Total expenses
$1.5M
Reported officers
21
Mission

THE FOUNDATION SERVES AS A LINK BETWEEN THE COLLEGE, THE PRIVATE SECTOR AND COMMUNITY ORGANIZATIONS TO CREATE PUBLIC AWARENESS OF THE NEEDS OF THE COLLEGE; TO PROMOTE THE COLLEGE TO BUSINESS AND INDUSTRY WITHIN SOUTHEASTERN LOS ANGELES COUNTY; AND TO RAISE FUNDS FOR QUALITY FACILITIES AND PROGRAMS.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in California.

Director
Board Member
Median to 75th percentile
$65k
$72k
Executive Director
10th to 25th percentile
$35k
$39k
Director
Board Member
25th percentile to median
$34k
$38k
Interim Director (until 1/8/24)
Director (Operational)
10th to 25th percentile
$33k
$36k
Secretary (starting 1/9/24)
Officer (Unspecified)
$27k
$30k
Director
Board Member
Below 10th percentile
$791
$874

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 15 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CERRITOS COLLEGE FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 5%
from 2022

From $62k in 2022 to $65k in 2023.

$62k
2022
$65k
2023
In today's dollarsEst.
Up 1% in real terms$71k to $72k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 5% from 2022 to 2023, while revenue fell 14%.

$62k in 2022 to $65k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CERRITOS COLLEGE FOUNDATION

What does the Board Member of CERRITOS COLLEGE FOUNDATION earn?

In 2023, the Board Member of CERRITOS COLLEGE FOUNDATION received $65,020 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at CERRITOS COLLEGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Board Member at CERRITOS COLLEGE FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at CERRITOS COLLEGE FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are CERRITOS COLLEGE FOUNDATION's revenue and expenses?

In 2023, CERRITOS COLLEGE FOUNDATION reported $1.5M in total revenue and $1.5M in total expenses on its IRS Form 990.

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