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Filing year 2023

SOMERSET FOUNDATION INC

Somerset, Kentucky·EIN 45-3081613·NTEE P40 · Human Services·501(c)(3)
Total revenue
$1.1M
Total assets
$1.1M
Total expenses
$377k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2023. SOMERSET FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

President
Treasurer
Secretary
Vice Preside

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$140k

Itemized grants

4

Median grant

$20k

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Human Services executives earn in Kentucky

SOMERSET FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in Kentucky earns a median of $65,364.

25th percentile
$36k
Median
$65,364
75th percentile
$113k
90th percentile
$167k

These are human services sector-wide figures, not this organization's reported pay. Based on 293 organizations across 293 filings (2021 – 2024).

See full Human Services pay data for Kentucky
FAQ

Common questions about SOMERSET FOUNDATION INC

What are SOMERSET FOUNDATION INC's revenue and expenses?

In 2023, SOMERSET FOUNDATION INC reported $1.1M in total revenue and $377k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.