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.
- Base
- $75k
- Bonus
- —
- Other
- $36
- Benefits
- $9k
- Base
- $62k
- Bonus
- —
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Treasurer Median to 75th percentile | $75k | — | $36 | $9k | $94k $104k |
Secretary Secretary (Operational) Median to 75th percentilevs Education peers nationwide | $62k | — | — | $2k | $67k $74k |
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.
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%.
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.
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.
Chief Financial Officer pay rose 7% from 2022 to 2023, while revenue fell 17%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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