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Filing year 2024

Vincent B and Barbara G Welch Supporting Organization

Ellsworth, Maine·EIN 27-0676659·NTEE T113 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1M
Total assets
$8.5M
Total expenses
$486k
Reported officers
8
Mission

Support the Maine Community Foundation (MCF) and its charitable and educational purposes.

Executive compensation

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.

Mcf President & CEO
10th to 25th percentile
$32k
$35k
Treasurer/mcf CFO (end 10/2024)
10th to 25th percentile
$26k
$29k
Treasurer/mcf CFO (start 12/2024)
10th to 25th percentile
$17k
$18k

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 5 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 Vincent B and Barbara G Welch Supporting Organization equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
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.

Held steady
from 2023

From $32k in 2023 to $32k in 2024.

$32k
2023
$32k
2024
In today's dollarsEst.
Down 2% in real terms$36k to $35k

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 rose 6% from 2023 to 2024, while revenue rose 40%.

$31k in 2023 to $32k in 2024.
  • Chief Financial Officer pay fell 18% from 2023 to 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 Vincent B and Barbara G Welch Supporting Organization

What does the Chief Executive Officer of Vincent B and Barbara G Welch Supporting Organization earn?

In 2024, the Chief Executive Officer of Vincent B and Barbara G Welch Supporting Organization received $32,435 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Vincent B and Barbara G Welch Supporting Organization compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Chief Executive Officer at Vincent B and Barbara G Welch Supporting Organization falls between the 10th and 25th percentiles. In 2024, the highest total compensation at Vincent B and Barbara G Welch Supporting Organization equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are Vincent B and Barbara G Welch Supporting Organization's revenue and expenses?

In 2024, Vincent B and Barbara G Welch Supporting Organization reported $1M in total revenue and $486k in total expenses on its IRS Form 990.

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