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Filing year 2024

KALAMAZOO FOUNDATION FOR EXCELLENCE

Kalamazoo, Michigan·EIN 82-2587771·NTEE W11 · Public & Societal Benefit·501(c)(3)
Total revenue
$44.9M
Total assets
$516.9M
Total expenses
$21.4M
Reported officers
23
Mission

THE MISSION OF THE KALAMAZOO FOUNDATION FOR EXCELLENCE IS TO SUPPORT THE GOALS OF THE CITY OF KALAMAZOO, FUND ASPIRATIONAL INVESTMENTS IN THE CITY, AND EMPOWER KALAMAZOO RESIDENTS TO ACHIEVE THE LIVES THEY WANT FOR THEMSELVES AND THEIR FAMILIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Executive Director
Median to 75th percentile
$165k
$178k
Base
$153k
Bonus
Other
Benefits
$13k

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 22 unpaid individuals.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at KALAMAZOO FOUNDATION FOR EXCELLENCE equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.8%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit 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 5%
from 2023

From $157k in 2023 to $165k in 2024.

$157k
2023
$165k
2024
In today's dollarsEst.
Up 2% in real terms$174k to $178k

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

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 536%.

$157k in 2023 to $165k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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.

1
Peninsula Generation Cooperative2024
$314k
2
KALAMAZOO FOUNDATION FOR EXCELLENCE2024
$165k
See full Executive Director compensation rankings across Public & Societal Benefit
FAQ

Common questions about KALAMAZOO FOUNDATION FOR EXCELLENCE

What does the Chief Executive Officer of KALAMAZOO FOUNDATION FOR EXCELLENCE earn?

In 2024, the Chief Executive Officer of KALAMAZOO FOUNDATION FOR EXCELLENCE received $165,467 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Public & Societal Benefit organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at KALAMAZOO FOUNDATION FOR EXCELLENCE compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at KALAMAZOO FOUNDATION FOR EXCELLENCE falls between the median and the 75th percentile. In 2024, the highest total compensation at KALAMAZOO FOUNDATION FOR EXCELLENCE equaled 0.8% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are KALAMAZOO FOUNDATION FOR EXCELLENCE's revenue and expenses?

In 2024, KALAMAZOO FOUNDATION FOR EXCELLENCE reported $44.9M in total revenue and $21.4M in total expenses on its IRS Form 990.

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