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Filing year 2023

University of Akron Research Foundation

Akron, Ohio·EIN 34-1972453·NTEE B02 · Education·501(c)(3)
Total revenue
$3.1M
Total assets
$11.3M
Total expenses
$3.3M
Reported officers
12
Mission

To benefit The University of Akron through administration of certain research activities and management of intellectual property. Promote economic development in Northeast Ohio by licensing technologies to start up companies.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Treasurer
Median to 75th percentile
$94k
$104k
Base
$75k
Bonus
Other
$36
Benefits
$9k
Secretary
Secretary (Operational)
Median to 75th percentilevs Education peers nationwide
$67k
$74k
Base
$62k
Bonus
Other
Benefits
$2k
Chairman
Board Chair
Median to 75th percentilevs Education peers nationwide
$65k
$72k
President
Board President
75th to 90th percentile
$36k
$40k

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 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at University of Akron Research Foundation equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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.

Down 14%
from 2022

From $110k in 2022 to $94k in 2023.

$110k
2022
$94k
2023
In today's dollarsEst.
Down 17% in real terms$126k to $104k

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 Financial Officer pay rose 7% from 2022 to 2023, while revenue fell 17%.

$88k in 2022 to $94k in 2023.
  • Secretary (Operational) pay fell 39% from 2022 to 2023.
  • Board Chair pay rose 3% 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 University of Akron Research Foundation

What does the Chief Financial Officer of University of Akron Research Foundation earn?

In 2023, the Chief Financial Officer of University of Akron Research Foundation received $94,227 in total compensation. This pay is above the median (the midpoint) for Chief Financial Officer roles among Education organizations in Ohio, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at University of Akron Research Foundation compare with similar nonprofits?

Compared with the same role at Education organizations in Ohio, the 2023 pay of the Chief Financial Officer at University of Akron Research Foundation falls between the median and the 75th percentile. In 2023, the highest total compensation at University of Akron Research Foundation equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are University of Akron Research Foundation's revenue and expenses?

In 2023, University of Akron Research Foundation reported $3.1M in total revenue and $3.3M in total expenses on its IRS Form 990.

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