The Corporation is organized exclusively for the charitable, scientific, and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), including, without limitation: to support Arctic higher education efforts of the University of the Arctic, also known as UArctic, and UArctic ry, a cooperative forum of universities, colleges, research institutes and other organizations in matters regarding northern regions, organized and headquartered in Rovaniemi, Finland, including participation by US higher education institutions and their students, faculty and staff, in activities of the University of the Arctic.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations nationwide.
- Base
- $162k
- Bonus
- —
- Other
- —
- Benefits
- $33k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 75th to 90th percentile | $162k | — | — | $33k | $195k $207k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 3 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at UNIVERSITY OF THE ARCTIC FOUNDATION equaled 13% 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.
Up 156%
from 2023
From $76k in 2023 to $195k in 2024.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 156% from 2023 to 2024, while revenue rose 346%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about UNIVERSITY OF THE ARCTIC FOUNDATION
What does the Chief Executive Officer of UNIVERSITY OF THE ARCTIC FOUNDATION earn?
In 2024, the Chief Executive Officer of UNIVERSITY OF THE ARCTIC FOUNDATION received $194,776 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education 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 THE ARCTIC FOUNDATION compare with similar nonprofits?
Compared with the same role at Education organizations nationwide, the 2024 pay of the Chief Executive Officer at UNIVERSITY OF THE ARCTIC FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at UNIVERSITY OF THE ARCTIC FOUNDATION equaled 13% of the organization's total expenses. The median for education organizations is 7%.
What are UNIVERSITY OF THE ARCTIC FOUNDATION's revenue and expenses?
In 2024, UNIVERSITY OF THE ARCTIC FOUNDATION reported $1.7M in total revenue and $1.5M in total expenses on its IRS Form 990.
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