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Filing year 2023

COMMONWEALTH CORPORATION FOUNDATION

Boston, Massachusetts·EIN 27-3112781·NTEE T11 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$449k
Total assets
$1.6M
Total expenses
$449k
Reported officers
12
Mission

TO SUPPORT AND FURTHER THE CHARITABLE AND EDUCATION PURPOSES OF COMMONWEALTH CORPORATION.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

President/ceo (until 4/23)
25th percentile to median
$47k
$52k

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 11 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at COMMONWEALTH CORPORATION FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
10%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 81%
from 2022

From $26k in 2022 to $47k in 2023.

$26k
2022
$47k
2023
In today's dollarsEst.
Up 74% in real terms$30k to $52k

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.

Pay for the position

Chief Executive Officer pay rose 81% from 2022 to 2023, while revenue rose 118%.

$26k in 2022 to $47k 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 COMMONWEALTH CORPORATION FOUNDATION

What does the Chief Executive Officer of COMMONWEALTH CORPORATION FOUNDATION earn?

In 2023, the Chief Executive Officer of COMMONWEALTH CORPORATION FOUNDATION received $46,979 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COMMONWEALTH CORPORATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at COMMONWEALTH CORPORATION FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at COMMONWEALTH CORPORATION FOUNDATION equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are COMMONWEALTH CORPORATION FOUNDATION's revenue and expenses?

In 2023, COMMONWEALTH CORPORATION FOUNDATION reported $449k in total revenue and $449k in total expenses on its IRS Form 990.

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