PROVIDE FUNDING FOR SCHOLARSHIPS FOR RESIDENTS OF DUPLIN COUNTY AND THE TOWN OF MOUNT OLIVE, NC WHO ARE FULL OR PART-TIME STUDENTS OF MOUNT OLIVE COLLEGE
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.
| Position | Total |
|---|---|
Trustee Board Member 25th percentile to median | $32k $34k |
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 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at OTHA E HERRING SCHOLARS FUND I equaled 15% of the organization's total expenses. The median for education organizations is 6%.
Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Climbed 68%
over 2 years
From $19k in 2022 to $32k in 2024.
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.
Board Member pay rose 68% from 2022 to 2024, while revenue fell 72%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Revenue and expenses over time
OTHA E HERRING SCHOLARS FUND I reported revenue and expenses across 3 filing years.
What Education executives earn in North Carolina
Comparable education organizations in North Carolina pay their highest-earning executive a median of $98,060.
These are education sector-wide figures, not this organization's reported pay. Based on 365 organizations across 365 filings (2021 – 2023).
See full Education pay data for North Carolina →Common questions about OTHA E HERRING SCHOLARS FUND I
What does the Board Member of OTHA E HERRING SCHOLARS FUND I earn?
In 2024, the Board Member of OTHA E HERRING SCHOLARS FUND I received $32,486 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Education organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at OTHA E HERRING SCHOLARS FUND I compare with similar nonprofits?
Compared with the same role at Education organizations in North Carolina, the 2024 pay of the Board Member at OTHA E HERRING SCHOLARS FUND I falls between the 25th percentile and the median. In 2024, the highest total compensation at OTHA E HERRING SCHOLARS FUND I equaled 15% of the organization's total expenses. The median for education organizations is 6%.
What are OTHA E HERRING SCHOLARS FUND I's revenue and expenses?
In 2024, OTHA E HERRING SCHOLARS FUND I reported $223k in total revenue and $213k in total expenses on its IRS Form 990.
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