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Filing year 2023

Westminster Educational Foundation Incorporated

Philadelphia, Pennsylvania·EIN 23-2565132·3
Total revenue
$46k
Total assets
$1.5M
Total expenses
$70k
Reported officers
5
Mission

The Foundation was established to solicit gifts through wills, annuities, insurance, and other means, and use the interest and principal to further the educational goals of the Westminster Theological Seminary.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Board Member
75th to 90th percentile
$98k
$109k
Chief Operating Officer
10th to 25th percentile
$29k
$33k
Board Member
Median to 75th percentile
$27k
$30k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Up 9%
from 2022

From $90k in 2022 to $98k in 2023.

$90k
2022
$98k
2023
In today's dollarsEst.
Up 4% in real terms$105k to $109k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 9% from 2022 to 2023, while revenue fell 35%.

$90k in 2022 to $98k in 2023.
  • Chief Operating Officer pay fell 6% 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.
Financial trend

Revenue and expenses over time

Westminster Educational Foundation Incorporated reported revenue and expenses across 2 filing years.

RevenueExpenses
$72k
$67k
2022
$46k
$70k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Westminster Educational Foundation Incorporated

What does the Board Member of Westminster Educational Foundation Incorporated earn?

In 2023, the Board Member of Westminster Educational Foundation Incorporated received $98,172 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at Westminster Educational Foundation Incorporated compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at Westminster Educational Foundation Incorporated falls between the 75th and 90th percentiles.

What are Westminster Educational Foundation Incorporated's revenue and expenses?

In 2023, Westminster Educational Foundation Incorporated reported $46k in total revenue and $70k in total expenses on its IRS Form 990.

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