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Filing year 2024

SME EDUCATION FOUNDATION

Southfield, Michigan·EIN 38-2746841·NTEE B122 · Education·3
Total revenue
$8M
Total assets
$31.8M
Total expenses
$9.7M
Reported officers
22
Mission

A. TO OPERATE AND ACT EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSE OF THE SOCIETY OF MANUFACTURING ENGINEERS, A TAX-EXEMPT CHARITABLE ORGANIZATION WHICH IS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, (THE "CODE"), AND WHICH IS NOT A PRIVATE FOUNDATION, AS SUCH TERM IS DEFINED IN CODE SECTION 509, PURSUANT TO CODE SECTION 509(A)(2). B. THE SME EDUCATION FOUNDATION'S MISSION IS TO PREPARE THE FUTURE ENGINEERS AND TECHNOLOGISTS FOR MANUFACTURING CAREERS THROUGH OUTREACH PROGRAMS TO ENRICH STUDENTS TO STUDY SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS (STEM) IN ALIGNMENT WITH SME. C. TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3). D. TO RECEIVE AND ADMINISTER ASSETS EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES AS SUCH TERMS ARE USED IN CODE SECTION 501(C)(3).

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

Vp, Sme Education Foundation
vice president
$306k
$323k
Base
$175k
Bonus
$82k
Other
$1k
Benefits
$34k
Director, Education Programs
highest compensated employee
$149k
$157k
Manager, Education Programs
highest compensated employee
$137k
$145k
Director, Institutional Giving
highest compensated employee
$130k
$137k
Executive Director & CEO
$61k
$65k
Chief Financial Officer
$51k
$54k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Education

Up 12%
from 2023

From $272k in 2023 to $306k in 2024.

$272k
2023
$306k
2024
In today's dollarsEst.
Up 9% in real terms$296k to $323k

Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SME EDUCATION FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$13.5M
$6.7M
2023
$8M
$9.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

Comparable education organizations in Michigan pay their highest-earning executive a median of $73,500.

25th percentile
$36k
Median
$73,500
75th percentile
$198k
90th percentile
$424k

These are education sector-wide figures, not this organization's reported pay. Based on 159 organizations across 159 filings (2021 – 2023).

See full Education pay data for Michigan
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