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Filing year 2023

NORTHWESTERN MICHIGAN COLLEGE FOUNDATION

Traverse City, Michigan·EIN 38-2376475·NTEE B42I · Education·501(c)(3)
Total revenue
$5.7M
Total assets
$65M
Total expenses
$5.4M
Reported officers
31
Mission

TO ASSIST NORTHWESTERN MICHIGAN COLLEGE TO REALIZE ITS MISSION AND VISION BY SECURING NEW RESOURCES, MAXIMIZING RETURN ON EXISTING RESOURCES, ACTING AS AMBASSADORS TO THE COMMUNITY, COMPLEMENTING AND RESOURCING THE WORK OF THE COLLEGE'S TRUSTEES IN SHAPING NMC'S FUTURE.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Michigan.

Second Vice-chair
Officer (Unspecified)
$49k
$55k
Nmc Faculty Representative
Board Member
Median to 75th percentile
$48k
$53k
Nmc Faculty Representative
Board Member
Median to 75th percentile
$41k
$45k
Nmc Faculty Representative
Board Member
Median to 75th percentile
$32k
$36k
Executive Director
10th to 25th percentile
$31k
$34k

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 26 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NORTHWESTERN MICHIGAN COLLEGE FOUNDATION equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.9%
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 3%
from 2022

From $48k in 2022 to $49k in 2023.

$48k
2022
$49k
2023
In today's dollarsEst.
Down 1% in real terms$55k to $55k

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.

Pay for the position

Board Member pay rose 9% from 2022 to 2023, while revenue rose 42%.

$44k in 2022 to $48k in 2023.
  • Chief Executive Officer pay rose 10% from 2022 to 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 NORTHWESTERN MICHIGAN COLLEGE FOUNDATION

What does the Board Member of NORTHWESTERN MICHIGAN COLLEGE FOUNDATION earn?

In 2023, the Board Member of NORTHWESTERN MICHIGAN COLLEGE FOUNDATION received $48,053 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Education organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at NORTHWESTERN MICHIGAN COLLEGE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Board Member at NORTHWESTERN MICHIGAN COLLEGE FOUNDATION falls between the median and the 75th percentile. In 2023, the highest total compensation at NORTHWESTERN MICHIGAN COLLEGE FOUNDATION equaled 0.9% of the organization's total expenses. The median for education organizations is 7%.

What are NORTHWESTERN MICHIGAN COLLEGE FOUNDATION's revenue and expenses?

In 2023, NORTHWESTERN MICHIGAN COLLEGE FOUNDATION reported $5.7M in total revenue and $5.4M in total expenses on its IRS Form 990.

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