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Filing year 2024

Fremont Area Community Foundation

Fremont, Michigan·EIN 38-1443367·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$15.2M
Total assets
$306.7M
Total expenses
$12.9M
Reported officers
18
Mission

TO ENHANCE THE QUALITY OF LIFE FOR ALL PEOPLE OF NEWAYGO COUNTY AND SURROUNDING COMMUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

President and CEO
Above 90th percentile
$325k
$349k
Base
$248k
Bonus
Other
Benefits
$17k
Vice President and Chief Financial Officer
75th to 90th percentile
$212k
$228k
Base
$158k
Bonus
Other
Benefits
$16k
Vice President and Chief Philanthropy Officer
Board Vice President
75th to 90th percentile
$175k
$188k
Base
$135k
Bonus
Other
Benefits
$19k

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 15 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Fremont Area Community Foundation 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.

Funded by

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

Up 8%
from 2023

From $300k in 2023 to $325k in 2024.

$300k
2023
$325k
2024
In today's dollarsEst.
Up 5% in real terms$332k to $349k

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 Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 2%.

$300k in 2023 to $325k in 2024.
  • Board Vice President pay rose 9% from 2023 to 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.

Among peers

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

FAQ

Common questions about Fremont Area Community Foundation

What does the Chief Executive Officer of Fremont Area Community Foundation earn?

In 2024, the Chief Executive Officer of Fremont Area Community Foundation received $324,856 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Fremont Area Community Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Chief Executive Officer at Fremont Area Community Foundation falls in the top 10%. In 2024, the highest total compensation at Fremont Area Community Foundation equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Fremont Area Community Foundation's revenue and expenses?

In 2024, Fremont Area Community Foundation reported $15.2M in total revenue and $12.9M in total expenses on its IRS Form 990.

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