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.
| Position | Total |
|---|---|
Executive Dir. Officer (Unspecified) | $79k $86k |
Chairwoman Board Chair Below 10th percentile | $1k $1k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
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%.
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.
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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Guides to help you understand and use this data
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Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
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Read moreHow to Benchmark Nonprofit Executive Compensation
A step-by-step approach to using IRS Form 990 data for compensation benchmarking and peer comparison.
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