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Filing year 2024

NCMIC FOUNDATION INC

Clive, Iowa·EIN 68-0570762·NTEE H199 · Medical Research·501(c)(3)
Total revenue
$842k
Total assets
$15.1M
Total expenses
$1.1M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Director
Unclassified
$2k
$2k
Director
Unclassified
$2k
$2k
Director
Unclassified
$2k
$2k
Director
Unclassified
$2k
$2k
Director
Unclassified
$2k
$2k
Director
Unclassified
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NCMIC FOUNDATION INC equaled 0.1% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
0.1%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

27

Median grant

$10k

RecipientLocationPurposeAmount
YALE UNIVERSITYNew Haven, CTAWARD$236k
BAKKEN CENTER FOR SPIRITUALITY & HEALING UNIVERSITY OF MINNESOTAMINNEAPOLIS, MNREASEARCH GRANT$200k
UNIVERSITY OF PITTSBURGHPITTSBURGH, PARESEARCH GRANT$185k
DUKE UNIVERSITYCHARLOTTE, NCRESEARCH GRANT$65k
THE NEW ZEALAND CHIROPRACTIC EDUCATION TRUST BOARDAUCKLAND, NZRESEARCH GRANT$50k
ST LUKES UNIVERSITY HEALTH NETWORKBETHLEHEM, PARESEARCH GRANT$40k
WORLD SPINE CAREHuntington Beach, CARESEARCH GRANT$40k
NORTHWESTERN HEALTH SCIENCES UNIVERSITYMINNEAPOLIS, MNRESEARCH GRANT$35k
USF BUSINESS PAYMENTSATLANTA, GARESEARCH GRANT$25k
CBP NONPROFIT INCEAGLE, IDRESEARCH GRANT$25k
CCGPP ATTN SUZI ANDERSONMOLALLA, ORRESEARCH GRANT$20k
PARKER UNIVERSITY OFFICE OF INSTITUTIONAL ADVANCDALLAS, TXRESEARCH GRANT$20k
CANADIAN MEMORIAL CHIROPRACTIC COLLEGETORONTO, CARESEARCH GRANT$12k
APHA CHC SECTIONWASHINGTON, DCAWARD$9k
CAMPBELLSVILLE UNIVERSITYCAMPBELLSVILLE, KYRESEARCH GRANT$5k
COMMUNITY WELLNESS CENTERCINCINNATI, OHFELLOWSHIP$5k
DARTMOUTH COLLEGE FINANCIAL AID OFFICEHANOVER, NHFELLOWSHIP$5k
EDWARD VIA COLLEGE OF OSTEOPATHIC MEDICINESPARTANBURG, SCRESEARCH GRANT$5k
RUTGERS THE STATE UNIVERSITY OF NEW JERSEYPISCATAWAY, NJFELLOWSHIP$5k
SOTO-USA RESEARCHSANTA MONICA, CARESEARCH GRANT$5k
UNIVERSITY OF ARIZONA COLLEGE OF MEDICINE-PHOENIX OFFICE OF FINANCIAL AIDPHOENIX, AZFELLOWHIP$5k
UNIVERSITY OF GEORGIAALANTA, GAFELLOWSHIP$4k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

NCMIC FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$408k
$1.3M
2023
$842k
$1.1M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Medical Research executives earn

Comparable medical research organizations nationwide pay their highest-earning executive a median of $120,264.

25th percentile
$48k
Median
$120,264
75th percentile
$252k
90th percentile
$466k

These are medical research sector-wide figures, not this organization's reported pay. Based on 1,118 organizations across 1,118 filings (2020 – 2024).

See full Medical Research compensation data
FAQ

Common questions about NCMIC FOUNDATION INC

What are NCMIC FOUNDATION INC's revenue and expenses?

In 2024, NCMIC FOUNDATION INC reported $842k in total revenue and $1.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.