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OH & Hattie Lachenmeyer Development Trust

Cushing, Oklahoma·EIN 73-1118154·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)·Filing year 2024

* Sector derived from filing type (Form 990-PF), not IRS-assigned

OH & Hattie Lachenmeyer Development Trust's highest-paid officer, the Director, was reported at $25,836 for 2024 (IRS Form 990), including base pay and other compensation. Reported Director pay ranged from $25,836 to $52,344 between 2023 and 2024.

Total revenue
$44k
Total assets
$561k
Total expenses
$90k
Reported officers
3

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Oklahoma.

Director
Unclassified
$26k
Director
Unclassified
$26k
Trustee
Board Member
Below 10th percentile
$2k

Browse compensation in Philanthropy, Voluntarism & Grantmaking →

Top pay as a share of expenses

In 2024, the highest total compensation at OH & Hattie Lachenmeyer Development Trust equaled 29% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
29%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$0

Itemized grants

0

Down 51%
from 2023

From $52k in 2023 to $26k in 2024.

$52k
2023
$26k
2024
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

Common questions about OH & Hattie Lachenmeyer Development Trust

What does the Board Member of OH & Hattie Lachenmeyer Development Trust earn?

In 2024, the Board Member of OH & Hattie Lachenmeyer Development Trust received $1,981 in total compensation. This pay is in the bottom 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Oklahoma: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at OH & Hattie Lachenmeyer Development Trust compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Oklahoma, the 2024 pay of the Board Member at OH & Hattie Lachenmeyer Development Trust falls in the bottom 10%. In 2024, the highest total compensation at OH & Hattie Lachenmeyer Development Trust equaled 29% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are OH & Hattie Lachenmeyer Development Trust's revenue and expenses?

In 2024, OH & Hattie Lachenmeyer Development Trust reported $44k in total revenue and $90k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.