BY STRENGTHENING THE WORKFORCE AND IMPROVING THE OVERALL QUALITY OF LIFE FOR THE MEADOWLANDS COMMUNITY. THE FOUNDATION TRUSTEES HAVE IDENTIFIED EDUCATIONAL OUTREACH AS KEY TO ITS MISSION. THE 2040 FOUNDATION WILL HELP PROMOTE AWARENESS AND PROVIDE PROGRAMMING OF ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, LEADERSHIP AND ENTREPRENEURSHIP PROGRAMS TO ENSURE THAT OUR REGION MAINTAINS A HIGH STANDARD OF HUMAN CAPITAL AND ALSO INNOVATES TO MEET THE NEEDS OF GROWING BUSINESSES. THE FOUNDATION IS COMPRISED OF BUSIONESS LEADERS THAT HAVE DEEP ROOTS IN THE REGION AND A STRONG COMMITMENT TO IMPROVING THE AREA FOR THOSE THAT LIVE AND WORK HERE.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in New Jersey.
| Position | Total |
|---|---|
President & CEO Below 10th percentile | $7k $8k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 12 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at MEADOWLANDS REGIONAL 2040 FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 6%.
Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Chief Executive Officer pay fell 59% from 2022 to 2023, while revenue rose 95%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about MEADOWLANDS REGIONAL 2040 FOUNDATION INC
What does the Chief Executive Officer of MEADOWLANDS REGIONAL 2040 FOUNDATION INC earn?
In 2023, the Chief Executive Officer of MEADOWLANDS REGIONAL 2040 FOUNDATION INC received $7,311 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in New Jersey: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MEADOWLANDS REGIONAL 2040 FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in New Jersey, the 2023 pay of the Chief Executive Officer at MEADOWLANDS REGIONAL 2040 FOUNDATION INC falls in the bottom 10%. In 2023, the highest total compensation at MEADOWLANDS REGIONAL 2040 FOUNDATION INC equaled 7% of the organization's total expenses. The median for education organizations is 6%.
What are MEADOWLANDS REGIONAL 2040 FOUNDATION INC's revenue and expenses?
In 2023, MEADOWLANDS REGIONAL 2040 FOUNDATION INC reported $253k in total revenue and $110k in total expenses on its IRS Form 990.
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