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Filing year 2023

SEMA MEMORIAL SCHOLARSHIP FUND

Diamond Bar, California·EIN 95-4131888·NTEE B82 · Education·501(c)(3)
Total revenue
$547k
Total assets
$2.8M
Total expenses
$400k
Reported officers
10
Mission

THE SEMA MEMORIAL SCHOLARSHIP FUND (SMSF) IS DEDICATED TO ACTIVATING THE NEXT GENERATION AUTOMOTIVE WORKFORCE BY PROVIDING FINANCIAL SUPPORT AND CAREER RESOURCES TO STUDENTS, SCHOOLS, EDUCATORS, AND PROGRAMS THAT BENEFIT THE PROFESSIONAL DEVELOPMENT OF YOUNG PROFESSIONALS ENROLLED IN VARIOUS HIGH SCHOOLS, UNIVERSITIES, COLLEGES, AND/OR VOCATIONAL SCHOOLS IN THE UNITED STATES. SEMA CARES AIMS TO BRING THE VOICE AND RESOURCES OF THIS COMMUNITY TOGETHER TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF OTHERS.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

Former Sr. Vp, Ops
Board Vice President
Below 10th percentile
$31k
$35k
Vp, CFO (thru 05/24)
10th to 25th percentile
$31k
$34k
President and CEO
10th to 25th percentile
$31k
$34k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at SEMA MEMORIAL SCHOLARSHIP FUND equaled 8% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
8%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,319 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 50%
from 2022

From $62k in 2022 to $31k in 2023.

$62k
2022
$31k
2023
In today's dollarsEst.
Down 51% in real terms$71k to $35k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay fell 50% from 2022 to 2023, while revenue rose 100%.

$62k in 2022 to $31k in 2023.
  • Chief Executive Officer pay fell 43% 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 SEMA MEMORIAL SCHOLARSHIP FUND

What does the Board Vice President of SEMA MEMORIAL SCHOLARSHIP FUND earn?

In 2023, the Board Vice President of SEMA MEMORIAL SCHOLARSHIP FUND received $31,346 in total compensation. This pay is in the bottom 10% for Board Vice President roles among Education organizations in California: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Vice President pay at SEMA MEMORIAL SCHOLARSHIP FUND compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Board Vice President at SEMA MEMORIAL SCHOLARSHIP FUND falls in the bottom 10%. In 2023, the highest total compensation at SEMA MEMORIAL SCHOLARSHIP FUND equaled 8% of the organization's total expenses. The median for education organizations is 7%.

What are SEMA MEMORIAL SCHOLARSHIP FUND's revenue and expenses?

In 2023, SEMA MEMORIAL SCHOLARSHIP FUND reported $547k in total revenue and $400k in total expenses on its IRS Form 990.

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