The Foundation for Maine's Community Colleges is dedicated to ensuring that the State's seven community colleges have the resources they need to provide a high quality, affordable, and accessible college education for Maine people.
Executive compensation, broken down
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 Education organizations in Maine.
- Base
- $119k
- Bonus
- —
- Other
- $31k
- Benefits
- $89
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Median to 75th percentile | $119k | — | $31k | $89 | $160k $172k |
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 10 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at The Foundation for Maine's Community Colleges equaled 4% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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 6%
from 2023
From $150k in 2023 to $160k in 2024.
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.
Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue fell 29%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about The Foundation for Maine's Community Colleges
What does the Chief Executive Officer of The Foundation for Maine's Community Colleges earn?
In 2024, the Chief Executive Officer of The Foundation for Maine's Community Colleges received $159,639 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Maine, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at The Foundation for Maine's Community Colleges compare with similar nonprofits?
Compared with the same role at Education organizations in Maine, the 2024 pay of the Chief Executive Officer at The Foundation for Maine's Community Colleges falls between the median and the 75th percentile. In 2024, the highest total compensation at The Foundation for Maine's Community Colleges equaled 4% of the organization's total expenses. The median for education organizations is 7%.
What are The Foundation for Maine's Community Colleges's revenue and expenses?
In 2024, The Foundation for Maine's Community Colleges reported $981k in total revenue and $3.7M in total expenses on its IRS Form 990.
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