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Filing year 2023

NELLIE R SHERWOOD TRUST

Cedar Rapids, Iowa·EIN 42-6061621·NTEE Y33Z · Mutual & Membership Benefit·501(c)(3)
Total revenue
$4k
Total assets
$129k
Total expenses
$8k
Reported officers
24
Mission

TO REIMBURSE RETIRED CEDAR RAPIDS COMMUNITY SCHOOL DISTRICT TEACHERS FOR CERTAIN HEALTH/WELLNESS EXPENSES NOT COVERED/REIMBURSED BY INSURANCE.

Executive compensation

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Board Member & President/ceo
Board Member
Above 90th percentile
$119k
$132k
Exec Vp/cfo
Officer (Unspecified)
$78k
$87k
Board Member & Pres/ceo (fr 09/23)
Board Member
75th to 90th percentile
$66k
$73k
Board Member
Median to 75th percentile
$43k
$47k
VP Finance/cfo
Vice President
Median to 75th percentile
$21k
$23k
Board Member
25th percentile to median
$12k
$14k

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.

Plus 18 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NELLIE R SHERWOOD TRUST equaled 1,499% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2023)
1,499%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Sector benchmark

What Mutual & Membership Benefit executives earn

Comparable mutual & membership benefit organizations nationwide pay their highest-earning executive a median of $26,876.

25th percentile
$5k
Median
$26,876
75th percentile
$87k
90th percentile
$209k

These are mutual & membership benefit sector-wide figures, not this organization's reported pay. Based on 1,359 organizations across 1,359 filings (2021 – 2024).

See full Mutual & Membership Benefit compensation data
FAQ

Common questions about NELLIE R SHERWOOD TRUST

What does the Board Member of NELLIE R SHERWOOD TRUST earn?

In 2023, the Board Member of NELLIE R SHERWOOD TRUST received $119,328 in total compensation. This pay is in the top 10% for Board Member roles among Mutual & Membership Benefit organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at NELLIE R SHERWOOD TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2023 pay of the Board Member at NELLIE R SHERWOOD TRUST falls in the top 10%. In 2023, the highest total compensation at NELLIE R SHERWOOD TRUST equaled 1,499% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are NELLIE R SHERWOOD TRUST's revenue and expenses?

In 2023, NELLIE R SHERWOOD TRUST reported $4k in total revenue and $8k in total expenses on its IRS Form 990.

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