THE MISSION OF THE FOUNDATION IS TO CHAMPION EFFORTS THAT PRIORITIZE COMMUNITY GOALS THAT CHALLENGE INEQUITIES AND ADVANCE EXCELLENT, STUDENT-CENTERED PUBLIC EDUCATION FOR ALL NEW ENGLAND YOUTH. THE FOUNDATION IS ORGANIZED AND OPERATED AS A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION TO SUPPORT EDUCATIONAL ORGANIZATIONS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 24 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.
- Base
- $513k
- Bonus
- —
- Other
- $531
- Benefits
- $16k
- Base
- $346k
- Bonus
- —
- Other
- $746
- Benefits
- $517
- Base
- $48k
- Bonus
- —
- Other
- $221k
- Benefits
- $2k
- Base
- $182k
- Bonus
- —
- Other
- $531
- Benefits
- $30k
- Base
- $170k
- Bonus
- —
- Other
- $2k
- Benefits
- $11k
- Base
- $146k
- Bonus
- —
- Other
- $2k
- Benefits
- $11k
- Base
- $135k
- Bonus
- —
- Other
- —
- Benefits
- $14k
- Base
- $129k
- Bonus
- —
- Other
- $312
- Benefits
- $10k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $513k | — | $531 | $16k | $686k $733k |
VP of Finance (until June 2024) Vice President 75th to 90th percentile | $346k | — | $746 | $517 | $348k $371k |
Dir. of Grantmaking (until 1/19/24) Highest Compensated Employee 75th to 90th percentile | $48k | — | $221k | $2k | $279k $298k |
Program Director, Grantmaking Director (Operational) Above 90th percentile | $182k | — | $531 | $30k | $243k $259k |
IT Manager 75th to 90th percentilevs all sectors nationwide | $170k | — | $2k | $11k | $207k $221k |
Sr Manager, Grants & Programs Program Manager Above 90th percentilevs Education peers nationwide | $146k | — | $2k | $11k | $201k $214k |
Chief Financial Officer Median to 75th percentile | $135k | — | — | $14k | $164k $175k |
Senior Program Officer Program Officer Median to 75th percentilevs all sectors nationwide | $129k | — | $312 | $10k | $158k $169k |
Director Board Member 25th percentile to median | — | — | — | — | $39k $42k |
Director Board Member 25th percentile to median | — | — | — | — | $27k $29k |
Director Board Member 25th percentile to median | — | — | — | — | $27k $29k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $24k $26k |
Director Board Member 25th percentile to median | — | — | — | — | $20k $21k |
Director Board Member 25th percentile to median | — | — | — | — | $20k $21k |
Director Board Member 25th percentile to median | — | — | — | — | $20k $21k |
Director Board Member 25th percentile to median | — | — | — | — | $20k $21k |
Director Board Member 10th to 25th percentile | — | — | — | — | $10k $11k |
Clerk Officer (Unspecified) | — | — | — | — | $8k $9k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at NELLIE MAE EDUCATION FOUNDATION INC equaled 2% 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.
Up 37%
from 2023
From $501k in 2023 to $686k in 2024.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 37% from 2023 to 2024, while revenue rose 91%.
- Highest Compensated Employee pay rose 5% from 2023 to 2024.
- Director (Operational) pay rose 9% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NELLIE MAE EDUCATION FOUNDATION INC
What does the Chief Executive Officer of NELLIE MAE EDUCATION FOUNDATION INC earn?
In 2024, the Chief Executive Officer of NELLIE MAE EDUCATION FOUNDATION INC received $686,322 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NELLIE MAE EDUCATION FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at NELLIE MAE EDUCATION FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at NELLIE MAE EDUCATION FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are NELLIE MAE EDUCATION FOUNDATION INC's revenue and expenses?
In 2024, NELLIE MAE EDUCATION FOUNDATION INC reported $40.9M in total revenue and $30M in total expenses on its IRS Form 990.
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