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Filing year 2023

JF Maddox Foundation

Hobbs, New Mexico·EIN 75-6023767·NTEE B82 · Education·501(c)(3)
Total revenue
$9.6M
Total assets
$246.1M
Total expenses
$16.7M
Reported officers
11

Executive compensation

Form 990-PF · Part VIII · 11 reported individuals · Filing year 2023

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

CEO
Above 90th percentilevs Education peers in New Mexico
$313k
$342k
CFO & Vice President - Finance / Treasurer (thru 12/23)
75th to 90th percentile
$241k
$264k
Coo/secretary
Board Secretary
Above 90th percentile
$146k
$160k
Vice President - Grant
Board Vice President
25th percentile to median
$137k
$150k
Director
Unclassified
$92k
$101k
Director
Unclassified
$50k
$55k
Director
Unclassified
$50k
$54k
Director
Unclassified
$49k
$54k
Director
Unclassified
$47k
$51k
Director
Unclassified
$47k
$51k
Director
Unclassified
$38k
$42k

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.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at JF Maddox Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
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.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$8.9M

Itemized grants

158

Median grant

$5k

RecipientLocationPurposeAmount
Covenant Health SystemLubbock, TXnew hospital$5.8M
United Way of Lea County IncHobbs, NMCapital Campaign support + Employee matching + warming station + wheelchair basketball tournament + Reading Under the Lights Scholastic Book Purchase$328k
Lovington Mainstreet CorporationLovington, NMNot Vacant Shindig + Smokin' on the Plaza 2023 + Lea Theatre Revitalization$299k
Unity Recovery SolutionsWeatherford, TXWomen's Sober Living Home (Unity House) + general operating support$278k
Golden Apple Foundation For Excellence In TeachingChicago, ILAddressing the Shortage of Highly-Effective Teachers in New Mexico -$200k
Encore Entertainment IncHobbs, NMSouthwest Symphony 2023-2024 Concert Season + Southwest Symphony 40th Anniversary Celebration Social Event + in honor of Cindy Walker$126k
Haverhill Public SchoolsHaverhill, MAHaverhill Promise$88k
City of LovingtonLovington, NMAnimal Spay and Neuter Programs + Renovations of the Harold Runnels Softball Complex & Police Squad Car Purchase & City Training + 2023 Hispanic Heritage Concert Series + Project Fund 4th of July Festival Party in The Park 2023$82k
Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs IncHobbs, NMin memory of Mary Baber + Mike Clampitt + Adult Behind the Child Program + plumbing improvements$80k
Hobbs Jaycees Community Fund IncHobbs, NM2023 Hobbs August Nites$79k
New Mexico Junior CollegeHobbs, NMNJCAA Outdoor Track and Field Championship + 2022-2023 Exhibits at the Western Heritage Museum$72k
Sacramento Methodist AssemblySacramento, NMgeneral operating support + the Family Life Center + in honor of Paul and Sherry Campbell$70k
Troy WhiteHobbs, NM2019 Distinguished Scholar$53k
Daylan FlemmonsBrownfield, TX2018 Distinguished Scholar$52k
Town of TatumTatum, NMPatio$50k
Habitat for Humanity of HobbsHobbs, NMWomen's Shelter Renovations + construction costs + general operating support + 2023 Transitional Shelter Pilot$46k
Wake Forest UniversityWinstonSalem, NCthe law fund and maddox law scholarship$45k
United Way of Greater St Louis IncSaint Louis, MOBJC HealthCare's fundraising campaign$43k
Brooklyn ArreolaLovington, NM2021 Distinguished Scholar$32k
Isaiah's Soup KitchenHobbs, NMfreezers + Air Conditioner Purchase and Installation + general operating support$32k
Mykaylah ThomasHobbs, NMscholarship - 2023 Computer Laptop Recipient + 2022 distinguished scholar$26k
Covenant Village IncGastonia, NCto provide "seed money" to supplement the chaplain program$25k
Eastern New Mexico University FoundationPortales, NMKENW Radio 3000 Watt FM Transmitter$25k
Nor-Lea Hospital DistrictLovington, NMGuardian Angel$25k
Brevin McCoolHobbs, NM2020 Distinguished Scholar$25k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

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

FAQ

Common questions about JF Maddox Foundation

What does the Chief Executive Officer of JF Maddox Foundation earn?

In 2023, the Chief Executive Officer of JF Maddox Foundation received $312,600 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in New Mexico: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in New Mexico, the 2023 pay of the Chief Executive Officer at JF Maddox Foundation falls in the top 10%. In 2023, the highest total compensation at JF Maddox Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are JF Maddox Foundation's revenue and expenses?

In 2023, JF Maddox Foundation reported $9.6M in total revenue and $16.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.