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Filing year 2023

JEWELL EDUCATIONAL FUND

Owosso, Michigan·EIN 38-2958545·NTEE B82 · Education·3
Total revenue
$13.4M
Total assets
$405.3M
Total expenses
$7.4M
Reported officers
8
Mission

JEWELL EDUCATIONAL FUND PROVIDES OPERATIONAL SUPPORT TO BAKER COLLEGE OR ANY OF ITS SUBSIDIARIES FOR FUNDING THE FOLLOWING: SCHOLARSHIPS FOR ACADEMICALLY QUALIFIED STUDENTS AND STUDENTS WITH DEMONSTRATED FINANCIAL NEED, CAPITAL IMPROVEMENTS, EDUCATIONALLY RELATED PROJECTS OF THE COLLEGE OR SUBSIDIARIES, RESEARCH AND TRAINING BY THE COLLEGE'S FACULTY, PARTICIPATION IN JOINT VENTURES WITH OTHER EDUCATIONAL ORGANIZATIONS AND FOR THE COLLEGE'S COMMUNITY PURPOSES.

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2023

President/ceo/board of Regents
$71k
$78k
Treasurer/controller/board of Regents
officer (unspecified)
$47k
$52k
Senior Associate/trustee/board of Regents/secretar
officer (unspecified)
$27k
$30k
Former Board of Regents/president Ceo/trustee
former officer/director/trustee
$18k
$20k

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 Education

Up 37%
from 2022

From $52k in 2022 to $71k in 2023.

$52k
2022
$71k
2023
In today's dollarsEst.
Up 32% in real terms$59k to $78k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

JEWELL EDUCATIONAL FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.7M
$7.3M
2022
$13.4M
$7.4M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $73,500.

25th percentile
$36k
Median
$73,500
75th percentile
$198k
90th percentile
$424k

These are education sector-wide figures, not this organization's reported pay. Based on 159 organizations across 159 filings (2021 – 2023).

See full Education pay data for Michigan
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