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Filing year 2024

STRATTEC FOUNDATION INC

Milwaukee, Wisconsin·EIN 39-1890894·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$42k
Total assets
$1.9M
Total expenses
$167k
Reported officers
12

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

Secretary (end 8/24)
Secretary (Operational)
Median to 75th percentile
$61k
$66k
Assistant Treasurer (start 8/24)
25th percentile to median
$39k
$42k
Assistant Treasurer (end 8/24)
10th to 25th percentile
$24k
$25k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at STRATTEC FOUNDATION INC equaled 37% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
37%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 6%
from 2023

From $58k in 2023 to $61k in 2024.

$58k
2023
$61k
2024
In today's dollarsEst.
Up 3% in real terms$64k to $66k

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

Pay for the position

Secretary (Operational) pay rose 6% from 2023 to 2024, while revenue rose 17%.

$58k in 2023 to $61k in 2024.
  • Chief Financial Officer pay rose 35% from 2023 to 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 STRATTEC FOUNDATION INC

What does the Secretary (Operational) of STRATTEC FOUNDATION INC earn?

In 2024, the Secretary (Operational) of STRATTEC FOUNDATION INC received $61,114 in total compensation. This pay is above the median (the midpoint) for Secretary (Operational) roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Secretary (Operational) pay at STRATTEC FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Secretary (Operational) at STRATTEC FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at STRATTEC FOUNDATION INC equaled 37% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are STRATTEC FOUNDATION INC's revenue and expenses?

In 2024, STRATTEC FOUNDATION INC reported $42k in total revenue and $167k in total expenses on its IRS Form 990.

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