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Filing year 2023

GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC

Gary, Indiana·EIN 31-0894179·NTEE B82Z · Education·501(c)(3)
Total revenue
$629k
Total assets
$5.8M
Total expenses
$212k
Reported officers
18
Mission

To provide scholarships for college and technical training for students of Gary, Indiana.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Officer Manager
Key Employee
25th percentile to medianvs Education peers nationwide
$74k
$81k
Executive Director
Below 10th percentile
$14k
$15k

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 16 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC equaled 35% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
35%
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.

Among peers

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

FAQ

Common questions about GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC

What does the Key Employee of GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC earn?

In 2023, the Key Employee of GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC received $73,771 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Key Employee at GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC equaled 35% of the organization's total expenses. The median for education organizations is 7%.

What are GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC's revenue and expenses?

In 2023, GARY EDUCATIONAL DEVELOPMENT FOUNDATION INC reported $629k in total revenue and $212k in total expenses on its IRS Form 990.

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