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Filing year 2023

MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE

Mattoon, Illinois·EIN 37-1255778·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$151k
Total assets
$895k
Total expenses
$257k
Reported officers
2

Executive compensation

Form 990-PF · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Trustee
Board Member
25th percentile to median
$11k
$13k
Trustee
Board Member
10th to 25th 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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
4%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay rose 18% from 2022 to 2023, while revenue rose 45%.

$10k in 2022 to $11k in 2023.

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.

FAQ

Common questions about MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE

What does the Board Member of MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE earn?

In 2023, the Board Member of MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE received $11,319 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2023 pay of the Board Member at MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE falls between the 25th percentile and the median. In 2023, the highest total compensation at MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE equaled 4% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE's revenue and expenses?

In 2023, MERCEDES L HOAG CHARITABLE TRUST FIRST MID WEALTH MGMT CO TRUSTEE reported $151k in total revenue and $257k in total expenses on its IRS Form 990.

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