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Filing year 2024

MELMAC EDUCATION FOUNDATION

Augusta, Maine·EIN 01-0390854·NTEE W600 · Public & Societal Benefit·501(c)(3)
Total revenue
$1.8M
Total assets
$38.7M
Total expenses
$2.2M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 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
$152k
$165k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 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 MELMAC EDUCATION FOUNDATION equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
7%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.4M

Itemized grants

180

Median grant

$2k

RecipientLocationPurposeAmount
GEN USAUGUSTA, MEASPIRE GRANT$220k
GEN USAUGUSTA, MEASPIRE GRANT$190k
JOBS FOR MAINE'S GRADUATESAUGUSTA, MECOLLEGE SUCCESS PROGRAM$150k
GEN USAUGUSTA, MEASPIRE GRANT$77k
JOBS FOR MAINE'S GRADUATESAUGUSTA, MEJMG/MELMAC PARTNERSHIP$58k
COLLEGE BOARDNEW YORK, NYPSAT GRANT$57k
GEN USAUGUSTA, MEASPIRE GRANT$55k
GEN USAUGUSTA, MEASPIRE GRANT$52k
EDUCATE MAINEPORTLAND, MEMAINE SPARK$50k
GEN USAUGUSTA, MEASPIRE GRANT$41k
SOUTHERN MAINE COMMUNITY COLLEGESOUTH PORTLAND, MEPPSS GRANT$25k
GEN USAUGUSTA, MEASPIRE GRANT$24k
UNIVERSITY OF NEW ENGLANDBIDDEFORD, MEPPSS GRANT$23k
CONY HIGH SCHOOLAUGUSTA, MEBRCC GRANT CONTINUOUS$13k
HANCOCK COUNTY TECHNICAL CENTERELLSWORTH, MEBRCC GRANT$11k
EDUCATE MAINEPORTLAND, MEEDUCATION INDICATORS$10k
BELFAST AREA HIGH SCHOOLBELFAST, MEBRCC GRANT$7k
HODGDON HIGH SCHOOLHOULTON, MEBRCC GRANT$7k
MACHIAS MEMORIAL HIGH SCHOOLMACHIAS, MEBRCC GRANT$7k
MT ABRAM HIGH SCHOOLSTRONG, MEBRCC GRANT$7k
MT ARARAT HIGH SCHOOLTOPSHAM, MEBRCC GRANT$7k
OAK HILL HIGH SCHOOLWALES, MEBRCC GRANT$7k
WATERVILLE SENIOR HIGH SCHOOLWATERVILLE, MEBRCC GRANT$7k
ERSKINE ACADEMYSOUTH CHINA, MEBRCC GRANT$7k
FORT FAIRFIELD MIDDLE HIGH SCHOOLFORT FAIRFIELD, MEBRCC GRANT$6k
Compare this foundation's grantees

Up 4%
from 2023

From $147k in 2023 to $152k in 2024.

$147k
2023
$152k
2024
In today's dollarsEst.
Up 1% in real terms$164k to $165k

Estimated with BLS CPI-U for the Northeast 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 4% from 2023 to 2024, while revenue fell 20%.

$147k in 2023 to $152k 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.
Financial trend

Revenue and expenses over time

MELMAC EDUCATION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.3M
$2.8M
2023
$1.8M
$2.2M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Public & Societal Benefit executives earn

Comparable public & societal benefit organizations nationwide pay their highest-earning executive a median of $83,690.

25th percentile
$30k
Median
$83,690
75th percentile
$173k
90th percentile
$325k

These are public & societal benefit sector-wide figures, not this organization's reported pay. Based on 2,612 organizations across 2,612 filings (2021 – 2024).

See full Public & Societal Benefit compensation data
FAQ

Common questions about MELMAC EDUCATION FOUNDATION

What does the Chief Executive Officer of MELMAC EDUCATION FOUNDATION earn?

In 2024, the Chief Executive Officer of MELMAC EDUCATION FOUNDATION received $152,466 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 MELMAC EDUCATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Chief Executive Officer at MELMAC EDUCATION FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at MELMAC EDUCATION FOUNDATION equaled 7% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are MELMAC EDUCATION FOUNDATION's revenue and expenses?

In 2024, MELMAC EDUCATION FOUNDATION reported $1.8M in total revenue and $2.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.