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Filing year 2023

LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION

Elyria, Ohio·EIN 32-0419899·NTEE B90 · Education·501(c)(3)
Total revenue
$13k
Total assets
$791k
Total expenses
$1k
Reported officers
3
Mission

TO ASSIST LORAIN COUNTY COMMUNITY COLLEGE, OTHER OHIO INSTITUTIONS OF HIGHER EDUCATION, REGIONAL HOSPITALS, REGIONAL MUNICIPALITIES, AND REGIONAL ECONOMIC DEVELOPMENT ORGANIZATIONS WITH SUPPORT FOR INNOVATION AND ECONOMIC ACTIVITIES FOR OHIO.

Executive compensation

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 Education organizations in Ohio.

President
25th percentile to median
$43k
$47k
Vice President and Treasur
Board Vice President
25th percentile to median
$42k
$47k

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 1 unpaid individual.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION equaled 3,775% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3,775%
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.

Down 7%
from 2022

From $46k in 2022 to $43k in 2023.

$46k
2022
$43k
2023
In today's dollarsEst.
Down 10% in real terms$52k to $47k

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 fell 7% from 2022 to 2023, while revenue rose 101%.

$46k in 2022 to $43k in 2023.
  • Board Vice President pay rose 2% 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 LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION

What does the Chief Executive Officer of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION earn?

In 2023, the Chief Executive Officer of LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION received $42,622 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Ohio, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Chief Executive Officer at LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION equaled 3,775% of the organization's total expenses. The median for education organizations is 7%.

What are LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION's revenue and expenses?

In 2023, LORAIN COUNTY COMMUNITY COLLEGE INNOVATION FOUNDATION reported $13k in total revenue and $1k in total expenses on its IRS Form 990.

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