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Filing year 2023

Springfield Technical Community College Foundation Inc

Springfield, Massachusetts·EIN 22-2612044·NTEE B41Z · Education·3
Total revenue
$2.3M
Total assets
$8.1M
Total expenses
$347k
Reported officers
25
Mission

HELP COLLEGE MEET ITS GOALS AND COMMITMENT TO PROVIDE SUPERIOR EDUCATION OPPORTUNITIES IN THE COMMUNITY. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH FUNDRAISING, PROMOTING THE COLLEGE AS A COMMUNITY RESOURCE, AND BY SECURING AND MANAGING PRIVATE RESOURCES, PLANNED GIFTS AND DONATIONS TO SUPPORT SPECIAL PROJECTS.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

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

Secretary/college President
10th to 25th percentile
$42k
$47k
Director/assoc. Prof. at Stcc
Board Member
25th percentile to median
$25k
$28k
Director/professor at Stcc
Board Member
Below 10th percentile
$19
$21

Teal figures restate each filed amount in 2026 dollars.

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

Plus 22 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Springfield Technical Community College Foundation Inc equaled 12% of the organization's total expenses. The median for education organizations is 6%.

This organization (2023)
12%
Sector median
6%
Middle half of sector
2% to 15%

Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 32%
from 2022

From $61k in 2022 to $42k in 2023.

$61k
2022
$42k
2023
In today's dollarsEst.
Down 34% in real terms$70k to $47k

Estimated with BLS CPI-U for the Northeast 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 fell 32% from 2022 to 2023, while revenue rose 240%.

$61k in 2022 to $42k in 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 Springfield Technical Community College Foundation Inc

What does the Chief Executive Officer of Springfield Technical Community College Foundation Inc earn?

In 2023, the Chief Executive Officer of Springfield Technical Community College Foundation Inc received $41,692 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Education organizations in Massachusetts, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Springfield Technical Community College Foundation Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at Springfield Technical Community College Foundation Inc falls between the 10th and 25th percentiles. In 2023, the highest total compensation at Springfield Technical Community College Foundation Inc equaled 12% of the organization's total expenses. The median for education organizations is 6%.

What are Springfield Technical Community College Foundation Inc's revenue and expenses?

In 2023, Springfield Technical Community College Foundation Inc reported $2.3M in total revenue and $347k in total expenses on its IRS Form 990.

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