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Filing year 2024

SHELLBOURNE INC

Valparaiso, Indiana·EIN 35-1266330·NTEE X22Z · Religion-Related·501(c)(3)
Total revenue
$1.6M
Total assets
$7.8M
Total expenses
$1.7M
Reported officers
9
Mission

TO FOSTER RELIGIOUS AND CULTURAL FORMATION OF MEN AND WOMEN, TO TEACH THE APPLICATION OF CHRISTIAN PRINCIPLES TO EVERYDAY LIFE, AND TO PROMOTE CHRISTIAN MORALS AND BENEVOLENCE.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations in Indiana.

Vp/executive Director (until 11/24)
Officer (Unspecified)
$21k
$23k
Executive Director (starting 11/24)
Below 10th percentile
$9k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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 Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SHELLBOURNE INC equaled 1% of the organization's total expenses. The median for religion-related organizations is 18%.

This organization (2024)
1%
Sector median
18%
Middle half of sector
8% to 34%

Based on 11,129 religion-related 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.

Down 24%
from 2023

From $28k in 2023 to $21k in 2024.

$28k
2023
$21k
2024
In today's dollarsEst.
Down 26% in real terms$31k to $23k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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

Chief Executive Officer pay fell 69% from 2023 to 2024, while revenue rose 14%.

$28k in 2023 to $9k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 SHELLBOURNE INC

What does the Chief Executive Officer of SHELLBOURNE INC earn?

In 2024, the Chief Executive Officer of SHELLBOURNE INC received $8,801 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Religion-Related organizations in Indiana: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SHELLBOURNE INC compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Indiana, the 2024 pay of the Chief Executive Officer at SHELLBOURNE INC falls in the bottom 10%. In 2024, the highest total compensation at SHELLBOURNE INC equaled 1% of the organization's total expenses. The median for religion-related organizations is 18%.

What are SHELLBOURNE INC's revenue and expenses?

In 2024, SHELLBOURNE INC reported $1.6M in total revenue and $1.7M in total expenses on its IRS Form 990.

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