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Filing year 2024

THE LUZERNE FOUNDATION

Wilkesbarre, Pennsylvania·EIN 23-2765498·NTEE B82 · Education·3
Total revenue
$7.4M
Total assets
$74.5M
Total expenses
$6.5M
Reported officers
28
Mission

THE LUZERNE FOUNDATION (THE FOUNDATION) IS A COMMUNITY FOUNDATION RECOGNIZED AS A PENNSYLVANIA NON-PROFIT, NON-STOCK CORPORATION THAT HAS BEEN RECOGNIZED BY THE IRS AS A TAX-EXEMPT PUBLIC CHARITY, BY REASON OF BEING AN ORGANIZATION THAT EXISTS TO MAKE OUR REGION A BETTER PLACE TO LIVE, WORK, AND PLAY. THROUGH THE GENEROSITY OF OUR DONORS, THE FOUNDATION SUPPORTS SEVEN KEY AREAS THAT TOGETHER CONSTITUTE A HEALTHY AND SUSTAINABLE COMMUNITY INCLUDING SOCIAL SERVICES, EDUCATION AND SCHOLARSHIP, ARTS AND CULTURE, NEIGHBORHOODS AND COMMUNITY DEVELOPMENT, YOUTH ISSUES, HISTORIC PRESERVATION AND THE ENVIRONMENT, AND HEALTH AND WELLNESS. THE LUZERNE FOUNDATION IS PRIVILEGED TO FACILITATE THE PHILANTHROPY OF VERY SPECIAL PEOPLE WHO UNDERSTAND THAT QUALITY OF LIFE REQUIRES "GIVING BACK" SO OTHERS MIGHT REALIZE THE BEAUTY OF OUR AREA, HAVE ACCESS TO THE ARTS, EDUCATION, HEALTHCARE, AND ENJOY SAFE NEIGHBORHOODS.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

President and CEO
$240k
$259k
Base
$182k
Bonus
$18k
Other
Benefits
$35k
Chief Operating Officer
$107k
$116k
Chief Financial Officer
$14k
$15k

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 25 unpaid individuals.

Browse compensation in Education

Held steady
from 2023

From $241k in 2023 to $240k in 2024.

$241k
2023
$240k
2024
In today's dollarsEst.
Down 4% in real terms$269k to $259k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE LUZERNE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.1M
$6.2M
2023
$7.4M
$6.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Pennsylvania

Comparable education organizations in Pennsylvania pay their highest-earning executive a median of $117,782.

25th percentile
$35k
Median
$117,782
75th percentile
$243k
90th percentile
$419k

These are education sector-wide figures, not this organization's reported pay. Based on 577 organizations across 577 filings (2022 – 2023).

See full Education pay data for Pennsylvania
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