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Filing year 2024

MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA

Raleigh, North Carolina·EIN 56-6505336·NTEE B82 · Education·3
Total revenue
$561k
Total assets
$5.7M
Total expenses
$0
Reported officers
4

Executive compensation

Form 990-PF · Schedule J · 4 reported individuals · Filing year 2024

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

Trustee
Board Member
75th to 90th percentile
$106k
$112k
Chairman
Board Chair
25th percentile to medianvs Education peers nationwide
$24k
$26k
Member
Unclassified
$11k
$11k
Member
Unclassified
$5k
$5k

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.

Browse compensation in Education

Climbed 16%
over 2 years

From $91k in 2022 to $106k in 2024.

$91k
2022
$98k
2023
$106k
2024
In today's dollarsEst.
Up 8% in real terms$104k to $112k

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.

Pay for the position

Board Member pay rose 16% from 2022 to 2024, while revenue rose 130%.

$91k in 2022 to $106k in 2024.
  • Board Chair pay rose 6% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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 MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA

What does the Board Member of MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA earn?

In 2024, the Board Member of MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA received $105,976 in total compensation. This pay is in the top quarter for Board Member roles among Education organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2024 pay of the Board Member at MILDRED SHEFFIELD WELLS CHAR TRUST C/O BANK OF AMERICA falls between the 75th and 90th percentiles.

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