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Filing year 2024

FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT

Mattoon, Illinois·EIN 37-1339718·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$627k
Total assets
$610k
Total expenses
$452k
Reported officers
1

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 Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Trustee
Board Member
25th percentile to median
$12k
$13k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

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

$437k

Itemized grants

11

Median grant

$15k

RecipientLocationPurposeAmount
MATTOON SPORTS COMPLEX INCMATTOON, ILUNRESTRICTED GIFT$250k
EASTERN ILLINOIS UNIVERSITY FOUNDATIONCHARLESTON, ILUNRESTRICTED GIFT$50k
YOUTH AND FAMILY CENTERST LOUIS, MOUNRESTRICTED GIFT$50k
BUILD MO HEALTHST LOUIS, MOUNRESTRICTED GIFT$15k
SUMPTER TOWNSHIP PARK FUNDTOLEDO, ILUNRESTRICTED GIFT$15k
URBAN LEAGUE OF METROPOLITAN ST LOUISST LOUIS, MOUNRESTRICTED GIFT$15k
LITTLE THEATRE ON THE SQUARESULLIVAN, ILUNRESTRICTED GIFT$15k
ST JOHNS CHURCH & SCHOOLMATTOON, ILUNRESTRICTED GIFT$8k
ARCOLA FOUNDATION PALACE FUNDARCOLA, ILUNRESTRICTED GIFT$8k
MATTOON HIGH SCHOOLMATTOON, ILUNRESTRICTED GIFT$7k
WOODSTOCK INSTITUTECHICAGO, ILUNRESTRICTED GIFT$5k
Compare this foundation's grantees
Pay for the position

Board Member pay rose 28% from 2023 to 2024.

$9k in 2023 to $12k in 2024.

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 (Under $1M), 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.

FAQ

Common questions about FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT

What does the Board Member of FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT earn?

In 2024, the Board Member of FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT received $12,093 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT falls between the 25th percentile and the median. In 2024, the highest total compensation at FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT's revenue and expenses?

In 2024, FIRST MID BANCSHARES INC FIRST MID WEALTH MANAGEMENT reported $627k in total revenue and $452k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.