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Filing year 2023

NOR-LEA FOUNDATION INC

Lovington, New Mexico·EIN 90-0914800·NTEE E11 · Health Care·501(c)(3)
Total revenue
$239k
Total assets
$1.4M
Total expenses
$41k
Reported officers
7
Mission

THE NOR-LEA FOUNDATION'S MISSION IS TO PROVIDE OR GENERATE FUNDING AND RESOURCES FOR DISTANT FUTURE IMPROVEMENTS OF THE DISTRICT'S FACILITIES AND TO PROVIDE SUSTAINABILITY FOR THE FUTURE OF THE NOR-LEA HOSPITAL DISTRICT.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations nationwide.

Board Member
25th percentile to median
$51k
$56k
Secretary/treasurer
Officer (Unspecified)
$33k
$36k

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 5 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NOR-LEA FOUNDATION INC equaled 123% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
123%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 58%
from 2022

From $32k in 2022 to $51k in 2023.

$32k
2022
$51k
2023
In today's dollarsEst.
Up 51% in real terms$37k to $56k

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

Board Member pay rose 154% from 2022 to 2023, while revenue rose 13%.

$20k in 2022 to $51k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 NOR-LEA FOUNDATION INC

What does the Board Member of NOR-LEA FOUNDATION INC earn?

In 2023, the Board Member of NOR-LEA FOUNDATION INC received $51,152 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Health Care organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NOR-LEA FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Health Care organizations nationwide, the 2023 pay of the Board Member at NOR-LEA FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at NOR-LEA FOUNDATION INC equaled 123% of the organization's total expenses. The median for health care organizations is 4%.

What are NOR-LEA FOUNDATION INC's revenue and expenses?

In 2023, NOR-LEA FOUNDATION INC reported $239k in total revenue and $41k in total expenses on its IRS Form 990.

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