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Filing year 2024

FOSSUM FOUNDATION INC

Fargo, North Dakota·EIN 45-6013302·501(c)(3)
Total revenue
$95k
Total assets
$581k
Total expenses
$99k
Reported officers
8
Mission

To assist in carrying out the purpose of the North Dakota State University Foundation, a nonprofit corporation, organized and existing for the support of North Dakota State University.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Assistant Secretary/treasurer
25th percentile to median
$48k
$52k

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 7 unpaid individuals.

Down 7%
from 2023

From $52k in 2023 to $48k in 2024.

$52k
2023
$48k
2024
In today's dollarsEst.
Down 10% in real terms$58k to $52k

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.

Pay for the position

Chief Financial Officer pay fell 7% from 2023 to 2024, while revenue fell 4%.

$52k in 2023 to $48k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Revenue and expenses over time

FOSSUM FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$99k
$52k
2023
$95k
$99k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FOSSUM FOUNDATION INC

What does the Chief Financial Officer of FOSSUM FOUNDATION INC earn?

In 2024, the Chief Financial Officer of FOSSUM FOUNDATION INC received $48,221 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at FOSSUM FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at FOSSUM FOUNDATION INC falls between the 25th percentile and the median.

What are FOSSUM FOUNDATION INC's revenue and expenses?

In 2024, FOSSUM FOUNDATION INC reported $95k in total revenue and $99k in total expenses on its IRS Form 990.

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