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Filing year 2023

Institute for Workforce Excellence Inc

Indianapolis, Indiana·EIN 30-0279390·NTEE J22 · Employment·501(c)(3)
Total revenue
$687k
Total assets
$1.3M
Total expenses
$1.4M
Reported officers
6
Mission

THE INSTITUTE FOR WORKFORCE EXCELLENCE IS DEDICATED TO HELPING INDIANA ATTRACT, DEVELOP AND RETAIN HOOSIER TALENT NEEDED TO DRIVE A HIGHLY SKILLED AND EQUITABLE WORKFORCE.

Executive compensation, broken down

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 Employment organizations nationwide.

Board Member, Vice Chair (end 1/5/24)
Board Chair
75th to 90th percentile
$59k
$65k
Board Member
Median to 75th percentile
$36k
$40k
Base
$10k
Bonus
$8k
Other
Benefits

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 4 unpaid individuals.

Browse compensation in Employment

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Institute for Workforce Excellence Inc equaled 4% of the organization's total expenses. The median for employment organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
3% to 16%

Based on 3,624 employment 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.

Down 2%
from 2022

From $60k in 2022 to $59k in 2023.

$60k
2022
$59k
2023
In today's dollarsEst.
Down 6% in real terms$69k to $65k

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

Board Chair pay fell 2% from 2022 to 2023, while revenue fell 40%.

$60k in 2022 to $59k in 2023.
  • Board Member pay rose 100% 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 Institute for Workforce Excellence Inc

What does the Board Chair of Institute for Workforce Excellence Inc earn?

In 2023, the Board Chair of Institute for Workforce Excellence Inc received $58,919 in total compensation. This pay is in the top quarter for Board Chair roles among Employment organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at Institute for Workforce Excellence Inc compare with similar nonprofits?

Compared with the same role at Employment organizations nationwide, the 2023 pay of the Board Chair at Institute for Workforce Excellence Inc falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Institute for Workforce Excellence Inc equaled 4% of the organization's total expenses. The median for employment organizations is 7%.

What are Institute for Workforce Excellence Inc's revenue and expenses?

In 2023, Institute for Workforce Excellence Inc reported $687k in total revenue and $1.4M in total expenses on its IRS Form 990.

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