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Filing year 2023

MGHPCC HOLYOKE INC

Holyoke, Massachusetts·EIN 45-2257442·NTEE T11 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$146k
Total assets
$50.2M
Total expenses
$1.9M
Reported officers
11
Mission

TO OWN AND LEASE A FACILITY WHICH WILL HOUSE A HIGH PERFORMANCE COMPUTING CENTER TO SUPPORT, ASSIST, ENHANCE, AND ADVANCE THE SCIENTIFIC RESEARCH ACTIVITIES OF ITS MEMBER UNIVERSITIES.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2023

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

Treasurer
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$340k
$380k
Director
Board Member
Above 90th percentile
$73k
$82k
Director
Board Member
75th to 90th percentile
$62k
$69k
Director (from 10/1/23)
Board Member
75th to 90th percentile
$48k
$54k
Former Director
Former Officer/director/trustee
25th percentile to medianvs Philanthropy, Voluntarism & Grantmaking peers nationwide
$45k
$51k
Director (through 9/30/23)
Board Member
75th to 90th percentile
$40k
$45k
President
25th percentile to median
$39k
$44k
Director (through 6/21/24)
Board Member
75th to 90th percentile
$39k
$44k
Clerk
Officer (Unspecified)
$35k
$39k

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 2 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MGHPCC HOLYOKE INC equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2023)
18%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 47%
from 2022

From $232k in 2022 to $340k in 2023.

$232k
2022
$340k
2023
In today's dollarsEst.
Up 42% in real terms$268k to $380k

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 Financial Officer pay rose 47% from 2022 to 2023, while revenue held roughly steady.

$232k in 2022 to $340k in 2023.
  • Board Member pay fell 15% from 2022 to 2023.
  • Former Officer/director/trustee pay fell 33% 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 MGHPCC HOLYOKE INC

What does the Chief Financial Officer of MGHPCC HOLYOKE INC earn?

In 2023, the Chief Financial Officer of MGHPCC HOLYOKE INC received $340,076 in total compensation. This pay is in the top 10% for Chief Financial Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Financial Officer pay at MGHPCC HOLYOKE INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Chief Financial Officer at MGHPCC HOLYOKE INC falls in the top 10%. In 2023, the highest total compensation at MGHPCC HOLYOKE INC equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are MGHPCC HOLYOKE INC's revenue and expenses?

In 2023, MGHPCC HOLYOKE INC reported $146k in total revenue and $1.9M in total expenses on its IRS Form 990.

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