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Filing year 2023

Innovia Foundation

Spokane, Washington·EIN 91-0941053·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$35.1M
Total assets
$256.3M
Total expenses
$19M
Reported officers
19
Mission

Innovia is a community foundation formed for the benefit of the communities within their region of operation. Innovia seeks to partner with people and other organizations who want to make the world better by addressing our region's problems, helping those in need and identifying and responding to our region's greatest opportunities.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

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

Chief Executive Officer
Above 90th percentile
$335k
$367k
Base
$244k
Bonus
$57k
Other
Benefits
$11k
Chief Strategy Officer
Officer (Unspecified)
$199k
$218k
Base
$139k
Bonus
$25k
Other
Benefits
$21k
Chief Financial & Operating Officer
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$198k
$217k
Base
$145k
Bonus
$27k
Other
Benefits
$11k
Executive Director of Launchnw
Median to 75th percentile
$175k
$192k
Base
$128k
Bonus
$12k
Other
Benefits
$31k
Chief Community Investment Officer
Officer (Unspecified)
$155k
$170k
Base
$115k
Bonus
$18k
Other
Benefits
$12k
Director of Launchnw (until 11/23)
Highest Compensated Employee
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$136k
$149k
And Community Impact
Highest Compensated Employee
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$134k
$147k
Director
Board Member
25th percentile to median
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Innovia Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
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 11%
from 2022

From $301k in 2022 to $335k in 2023.

$301k
2022
$335k
2023
In today's dollarsEst.
Up 7% in real terms$344k to $367k

Estimated with BLS CPI-U for the West 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 11% from 2022 to 2023, while revenue fell 22%.

$301k in 2022 to $335k in 2023.
  • Chief Financial Officer pay rose 7% from 2022 to 2023.
  • Highest Compensated Employee pay fell 8% 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 Innovia Foundation

What does the Chief Executive Officer of Innovia Foundation earn?

In 2023, the Chief Executive Officer of Innovia Foundation received $334,937 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Washington: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Innovia Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Washington, the 2023 pay of the Chief Executive Officer at Innovia Foundation falls in the top 10%. In 2023, the highest total compensation at Innovia Foundation equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Innovia Foundation's revenue and expenses?

In 2023, Innovia Foundation reported $35.1M in total revenue and $19M in total expenses on its IRS Form 990.

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