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Filing year 2023

UND Aerospace Foundation

Grand Forks, North Dakota·EIN 45-0390485·NTEE B11 · Education·501(c)(3)
Total revenue
$37.3M
Total assets
$109.6M
Total expenses
$25.6M
Reported officers
15
Mission

To support the functions of, and to assist in carrying out the purposes of, the John D. Odegard School of Aerospace Sciences of the University of North Dakota.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Chief Executive Officer
Above 90th percentile
$427k
$472k
Base
$317k
Bonus
$42k
Other
Benefits
$27k
Vice President of Business
Board Vice President
75th to 90th percentile
$328k
$362k
Base
$240k
Bonus
$30k
Other
Benefits
$27k
Chief Financial Officer
75th to 90th percentile
$262k
$289k
Base
$193k
Bonus
$18k
Other
Benefits
$26k
Director of Phoenix Flight Operations
Median to 75th percentile
$171k
$189k
Base
$128k
Bonus
Other
Benefits
$27k
Aircraft Sales & Project Manager
Project Manager
75th to 90th percentilevs all sectors nationwide
$165k
$182k
Base
$126k
Bonus
Other
Benefits
$23k
President
25th percentile to median
$55k
$61k
Chair
Board Chair
25th percentile to median
$30k
$33k
Director
Board Member
25th percentile to median
$18k
$20k
Director
Board Member
25th percentile to median
$18k
$20k
Director
Board Member
25th percentile to median
$18k
$20k
Director
Board Member
25th percentile to median
$18k
$20k
Director
Board Member
25th percentile to median
$11k
$12k

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 3 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UND Aerospace Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
2%
Sector median
7%
Middle half of sector
2% to 17%

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 2%
from 2022

From $417k in 2022 to $427k in 2023.

$417k
2022
$427k
2023
In today's dollarsEst.
Down 1% in real terms$478k to $472k

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

Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue rose 63%.

$417k in 2022 to $427k in 2023.
  • Board Vice President pay rose 3% from 2022 to 2023.
  • Chief Financial Officer pay rose 12% from 2022 to 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 UND Aerospace Foundation

What does the Chief Executive Officer of UND Aerospace Foundation earn?

In 2023, the Chief Executive Officer of UND Aerospace Foundation received $426,984 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at UND Aerospace Foundation compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Chief Executive Officer at UND Aerospace Foundation falls in the top 10%. In 2023, the highest total compensation at UND Aerospace Foundation equaled 2% of the organization's total expenses. The median for education organizations is 7%.

What are UND Aerospace Foundation's revenue and expenses?

In 2023, UND Aerospace Foundation reported $37.3M in total revenue and $25.6M in total expenses on its IRS Form 990.

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