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Filing year 2024

Montrose Community Foundation

Montrose, Colorado·EIN 84-1128761·501(c)(3)
Total revenue
$2.2M
Total assets
$7.2M
Total expenses
$1.7M
Reported officers
9
Mission

The Mission and Purpose of the Montrose Community Foundation is to: * Seek and Embrace Innovative Ideas * Connect Charitable Donors to Community Causes * Promote Worthwhile Community Projects and Partnerships

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
25th percentile to median
$60k
$64k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 149%
from 2023

From $24k in 2023 to $60k in 2024.

$24k
2023
$60k
2024
In today's dollarsEst.
Up 142% in real terms$26k to $64k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 149% from 2023 to 2024, while revenue rose 28%.

$24k in 2023 to $60k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Montrose Community Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$1.3M
2023
$2.2M
$1.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Montrose Community Foundation

What does the Chief Executive Officer of Montrose Community Foundation earn?

In 2024, the Chief Executive Officer of Montrose Community Foundation received $60,115 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Montrose Community Foundation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Montrose Community Foundation falls between the 25th percentile and the median.

What are Montrose Community Foundation's revenue and expenses?

In 2024, Montrose Community Foundation reported $2.2M in total revenue and $1.7M in total expenses on its IRS Form 990.

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