TO PROVIDE FOR STUDENT LOANS, SCHOLARSHIPS AND GRANTS FOR INDIVIDUALS ATTENDING MORNINGSIDE COLLEGE, BUENA VISTA UNIVERSITY AND CORNELL COLLEGE.
Executive compensation
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 Education organizations in Iowa.
| Position | Total |
|---|---|
Trustee Board Member Median to 75th percentile | $48k $52k |
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.
Top pay as a share of expenses
In 2024, the highest total compensation at MABEL E SHERMAN EDUCATIONAL FUND equaled 25% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 14%
from 2023
From $56k in 2023 to $48k in 2024.
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.
Board Member pay fell 14% from 2023 to 2024, while revenue rose 20%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
MABEL E SHERMAN EDUCATIONAL FUND reported revenue and expenses across 2 filing years.
What Education executives earn in Iowa
Comparable education organizations in Iowa pay their highest-earning executive a median of $50,700.
These are education sector-wide figures, not this organization's reported pay. Based on 207 organizations across 207 filings (2021 – 2024).
See full Education pay data for Iowa →Common questions about MABEL E SHERMAN EDUCATIONAL FUND
What does the Board Member of MABEL E SHERMAN EDUCATIONAL FUND earn?
In 2024, the Board Member of MABEL E SHERMAN EDUCATIONAL FUND received $48,112 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Iowa, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at MABEL E SHERMAN EDUCATIONAL FUND compare with similar nonprofits?
Compared with the same role at Education organizations in Iowa, the 2024 pay of the Board Member at MABEL E SHERMAN EDUCATIONAL FUND falls between the median and the 75th percentile. In 2024, the highest total compensation at MABEL E SHERMAN EDUCATIONAL FUND equaled 25% of the organization's total expenses. The median for education organizations is 7%.
What are MABEL E SHERMAN EDUCATIONAL FUND's revenue and expenses?
In 2024, MABEL E SHERMAN EDUCATIONAL FUND reported $365k in total revenue and $192k in total expenses on its IRS Form 990.
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