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Filing year 2024

University of Southern Maine Foundation

Portland, Maine·EIN 04-3350930·NTEE T50 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$14.3M
Total assets
$58.6M
Total expenses
$7.4M
Reported officers
28
Mission

To actively build and steward resources in support of the University of Southern Maine's mission of education, research, and public service and to educate the public about the activities and programs of the University of Southern Maine.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President & CEO (thru 9/30/24)
75th to 90th percentile
$203k
$219k
Base
$164k
Bonus
Other
Benefits
$24k
President & CEO
Median to 75th percentile
$184k
$198k
Base
$160k
Bonus
Other
Benefits
$11k
Executive Director
Median to 75th percentile
$159k
$172k
Base
$121k
Bonus
Other
Benefits
$28k

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 Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at University of Southern Maine Foundation equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking 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 16%
from 2023

From $241k in 2023 to $203k in 2024.

$241k
2023
$203k
2024
In today's dollarsEst.
Down 19% in real terms$269k to $219k

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.

Pay for the position

Chief Executive Officer pay fell 16% from 2023 to 2024, while revenue rose 60%.

$241k in 2023 to $203k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 Southern Maine Foundation

What does the Chief Executive Officer of University of Southern Maine Foundation earn?

In 2024, the Chief Executive Officer of University of Southern Maine Foundation received $202,500 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at University of Southern Maine Foundation compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Executive Officer at University of Southern Maine Foundation falls between the 75th and 90th percentiles. In 2024, the highest total compensation at University of Southern Maine Foundation equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are University of Southern Maine Foundation's revenue and expenses?

In 2024, University of Southern Maine Foundation reported $14.3M in total revenue and $7.4M in total expenses on its IRS Form 990.

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