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Filing year 2023

Granite Edvance Corporation

Concord, New Hampshire·EIN 02-0368776·NTEE B820 · Education·501(c)(3)
Total revenue
$63.9M
Total assets
$904.5M
Total expenses
$60.1M
Reported officers
23
Mission

To support New Hampshire students and families in navigating their education and career pathways.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentilevs Education peers in New Hampshire
$535k
$598k
Base
$372k
Bonus
$117k
Other
$300
Benefits
$32k
VP & CFO
75th to 90th percentile
$301k
$336k
Base
$227k
Bonus
$34k
Other
$1k
Benefits
$26k
Former VP & Chief Risk Officer
Board Vice President
Median to 75th percentile
$249k
$278k
Base
$122k
Bonus
$11k
Other
$104k
Benefits
$6k
VP & Chief Strategy/lending Officer
Vice President
75th to 90th percentile
$245k
$273k
Base
$190k
Bonus
$14k
Other
$2k
Benefits
$28k
VP Information Services
Board Vice President
Median to 75th percentile
$213k
$237k
Base
$178k
Bonus
$9k
Other
$840
Benefits
$15k
VP Communications & External Affairs
Board Vice President
Median to 75th percentile
$195k
$218k
Base
$170k
Bonus
$12k
Other
$1k
Benefits
$3k
VP Human Resources
Board Vice President
25th percentile to median
$176k
$196k
Base
$131k
Bonus
$10k
Other
$690
Benefits
$26k
Avp, Business Systems (end 9/2023)
Highest Compensated Employee
Median to 75th percentile
$175k
$195k
Base
$97k
Bonus
$5k
Other
$52k
Benefits
$15k
VP Capital Markets/asset Management
Board Vice President
25th percentile to median
$172k
$192k
Base
$133k
Bonus
$10k
Other
$690
Benefits
$20k
Gen. Counsel/chief Compliance Off.
Officer (Unspecified)
$141k
$158k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Granite Edvance Corporation equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
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.

Up 3%
from 2022

From $517k in 2022 to $535k in 2023.

$517k
2022
$535k
2023
In today's dollarsEst.
Roughly flat in real terms$598k to $598k

Estimated with BLS CPI-U for the Northeast 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 3% from 2022 to 2023, while revenue rose 4%.

$517k in 2022 to $535k in 2023.
  • Chief Financial Officer pay rose 26% from 2022 to 2023.
  • Board Vice President pay rose 24% from 2022 to 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 Granite Edvance Corporation

What does the Chief Executive Officer of Granite Edvance Corporation earn?

In 2023, the Chief Executive Officer of Granite Edvance Corporation received $535,431 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Hampshire: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Granite Edvance Corporation compare with similar nonprofits?

Compared with the same role at Education organizations in New Hampshire, the 2023 pay of the Chief Executive Officer at Granite Edvance Corporation falls in the top 10%. In 2023, the highest total compensation at Granite Edvance Corporation equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are Granite Edvance Corporation's revenue and expenses?

In 2023, Granite Edvance Corporation reported $63.9M in total revenue and $60.1M in total expenses on its IRS Form 990.

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