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Filing year 2024

SPEARHEAD CORPORATION

Spearman, Texas·EIN 75-2281974·NTEE N31I · Recreation & Sports·501(c)(3)
Total revenue
$154k
Total assets
$896k
Total expenses
$217k
Reported officers
12
Mission

THE O'LOUGHLIN CENTER'S MISSION IS TO PROVIDE A QUALITY FACILITY AND BROAD-BASED PROGRAMMING TO SERVE ALL OF THE CITIZENS OF THE SURROUNDING AREA IN A MANNER WHICH ENHANCES THEIR QUALITY OF LIFE. THROUGH VISIONARY AND ACTIVE LEADERSHIP THE BOARD WILL ESTABLISH POLICIES AND PROCEDURES THAT PROVIDE LONG-TERM FINANCIAL SECURITY FOR ORGANIZATION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations in Texas.

Executive Di
25th percentile to median
$54k
$57k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at SPEARHEAD CORPORATION equaled 25% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
25%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports 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.

Up 5%
from 2023

From $51k in 2023 to $54k in 2024.

$51k
2023
$54k
2024
In today's dollarsEst.
Up 2% in real terms$56k to $57k

Estimated with BLS CPI-U for the South region, 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 rose 5% from 2023 to 2024, while revenue fell 12%.

$51k in 2023 to $54k 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 SPEARHEAD CORPORATION

What does the Chief Executive Officer of SPEARHEAD CORPORATION earn?

In 2024, the Chief Executive Officer of SPEARHEAD CORPORATION received $53,844 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Recreation & Sports organizations in Texas, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SPEARHEAD CORPORATION compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in Texas, the 2024 pay of the Chief Executive Officer at SPEARHEAD CORPORATION falls between the 25th percentile and the median. In 2024, the highest total compensation at SPEARHEAD CORPORATION equaled 25% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are SPEARHEAD CORPORATION's revenue and expenses?

In 2024, SPEARHEAD CORPORATION reported $154k in total revenue and $217k in total expenses on its IRS Form 990.

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