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Filing year 2023

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

Durham, North Carolina·EIN 23-7410301·NTEE B110 · Education·501(c)(3)
Total revenue
$21.7M
Total assets
$53.1M
Total expenses
$18M
Reported officers
22
Mission

TO FOSTER AND PROMOTE THE GROWTH OF HIGHER EDUCATION IN NORTH CAROLINA AND SPECIFICALLY NORTH CAROLINA CENTRAL UNIVERSITY.

Executive compensation, broken down

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 Education organizations in North Carolina.

Vice President/executive Director
Above 90th percentile
$365k
$399k
Base
$287k
Bonus
$65k
Other
Benefits
$6k
Finance Director
75th to 90th percentile
$181k
$198k
Base
$131k
Bonus
$37k
Other
Benefits
$9k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 20 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Up 25%
from 2022

From $292k in 2022 to $365k in 2023.

$292k
2022
$365k
2023
In today's dollarsEst.
Up 20% in real terms$333k to $399k

Estimated with BLS CPI-U for the South 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 25% from 2022 to 2023, while revenue rose 8%.

$292k in 2022 to $365k 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 NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

What does the Chief Executive Officer of NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC earn?

In 2023, the Chief Executive Officer of NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC received $365,456 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Chief Executive Officer at NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC falls in the top 10%. In 2023, the highest total compensation at NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC's revenue and expenses?

In 2023, NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC reported $21.7M in total revenue and $18M in total expenses on its IRS Form 990.

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