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Filing year 2023

ROCKFORD EDUCATION FOUNDATION

Rockford, Michigan·EIN 38-3034696·NTEE B20Z · Education·3
Total revenue
$610k
Total assets
$1.1M
Total expenses
$280k
Reported officers
19
Mission

THE ROCKFORD EDUCATION FOUNDATION (REF) WAS ESTABLISHED IN 1991 TO PROVIDE RESOURCES FOR INCREASED EDUCATIONAL OPPORTUNITIES FOR PEOPLE OF ALL AGES IN THE ROCKFORD COMMUNITY. THE REF IS AN INDEPENDENT, NON-PROFIT CORPORATION, GOVERNED BY A VOLUNTEER BOARD OF TRUSTEES FROM THE COMMUNITY. TEACHERS, STUDENTS, AND COMMUNITY MEMBERS WITH INNOVATIVE IDEAS HAVE RECEIVED GRANTS FOR WIDE-RANGING, EDUCATIONAL PURPOSES. LARGE & MINI GRANTS ARE AWARDED TWICE ANNUALLY BASED ON THE MERIT OF THE REQUEST AND ITS ABILITY TO PROMOTE EDUCATIONAL EXCELLENCE. COMMUNITY IMPACT GRANTS ARE REVIEWED AT TIME OF SUBMISSION AND DETERMINED CASE BY CASE, WHEREAS STUDENT GRANTS CAN BE REVIEWED AND APPROVED DURING THE MONTHLY BOARD MEETINGS. THE REF IS PROUD TO AWARD EDUCATIONAL GRANTS TO THE ROCKFORD COMMUNITY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

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

Executive Di
25th percentile to median
$59k
$66k

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 18 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ROCKFORD EDUCATION FOUNDATION equaled 21% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
21%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

FAQ

Common questions about ROCKFORD EDUCATION FOUNDATION

What does the Chief Executive Officer of ROCKFORD EDUCATION FOUNDATION earn?

In 2023, the Chief Executive Officer of ROCKFORD EDUCATION FOUNDATION received $59,373 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Michigan, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ROCKFORD EDUCATION FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Michigan, the 2023 pay of the Chief Executive Officer at ROCKFORD EDUCATION FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at ROCKFORD EDUCATION FOUNDATION equaled 21% of the organization's total expenses. The median for education organizations is 6%.

What are ROCKFORD EDUCATION FOUNDATION's revenue and expenses?

In 2023, ROCKFORD EDUCATION FOUNDATION reported $610k in total revenue and $280k in total expenses on its IRS Form 990.

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