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Filing year 2023

KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION

Kalamazoo, Michigan·EIN 38-2307720·NTEE B41I · Education·501(c)(3)
Total revenue
$1.9M
Total assets
$27.6M
Total expenses
$790k
Reported officers
24
Mission

THE KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION SERVES TO SUPPORT AND BENEFIT THE KALAMAZOO VALLEY COMMUNITY COLLEGE, ITS STUDENTS, FACULTY, STAFF AND ENTITIES. THE FOUNDATION STRIVES TO BE A WELL RECOGNIZED, MANAGED, GROWING, COMMUNITY-BASED FOUNDATION MEETING THE NEEDS OF THE COLLEGE THROUGH CHARITABLE FUND-RAISING AND ETHICAL FINANCIAL MANAGEMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

Ex-officio Trustee
Board Member
Median to 75th percentile
$29k
$32k
Assistant Treasurer
10th to 25th percentile
$17k
$19k
Executive Director of the Foundation
Below 10th percentile
$5k
$5k

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 21 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 2%
from 2022

From $28k in 2022 to $29k in 2023.

$28k
2022
$29k
2023
In today's dollarsEst.
Down 2% in real terms$32k to $32k

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 Member pay rose 2% from 2022 to 2023, while revenue fell 73%.

$28k in 2022 to $29k in 2023.
  • Chief Financial Officer pay rose 2% from 2022 to 2023.
  • Chief Executive Officer pay fell 84% 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 KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION

What does the Board Member of KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION earn?

In 2023, the Board Member of KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION received $28,861 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Board Member at KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION's revenue and expenses?

In 2023, KALAMAZOO VALLEY COMMUNITY COLLEGE FOUNDATION reported $1.9M in total revenue and $790k in total expenses on its IRS Form 990.

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