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Filing year 2023

MHC ACADEMIC FOUNDATION

Martinsville, Virginia·EIN 20-8407010·NTEE B114 · Education·501(c)(3)
Total revenue
$763k
Total assets
$14.5M
Total expenses
$284k
Reported officers
7
Mission

TO PROVIDE FINANCIAL AND OTHER SUPPORT FOR THE DISSEMINATION OF EDUCATION IN MARTINSVILLE AND HENRY COUNTY, VIRGINIA, INCLUDING BUT NOT LIMITED TO SUPPORT OF NEW COLLEGE INSTITUTE.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

Executive Dir.
Officer (Unspecified)
$79k
Chairwoman
Board Chair
Below 10th percentile
$1k

Plus 5 unpaid individuals.

Browse compensation in Education →

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MHC ACADEMIC FOUNDATION equaled 28% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
28%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MHC ACADEMIC FOUNDATION

What does the Board Chair of MHC ACADEMIC FOUNDATION earn?

In 2023, the Board Chair of MHC ACADEMIC FOUNDATION received $1,200 in total compensation. This pay is in the bottom 10% for Board Chair roles among Education organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Chair pay at MHC ACADEMIC FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Chair at MHC ACADEMIC FOUNDATION falls in the bottom 10%. In 2023, the highest total compensation at MHC ACADEMIC FOUNDATION equaled 28% of the organization's total expenses. The median for education organizations is 7%.

What are MHC ACADEMIC FOUNDATION's revenue and expenses?

In 2023, MHC ACADEMIC FOUNDATION reported $763k in total revenue and $284k in total expenses on its IRS Form 990.

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