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Filing year 2024

WOLLASTON LUTHERAN FOUNDATION INC

Quincy, Massachusetts·EIN 85-3449732·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.2M
Total assets
$19.7M
Total expenses
$672k
Reported officers
10
Mission

HOLD, INVEST, MANAGE, AND DEPLOY FUNDS FOR THE CHARITABLE PURPOSES OF SUPPORTING PROGRAMS AND ACTIVITIES THAT BENEFIT INDIVIDUALS WHO RESIDE IN AND AROUND QUINCY, MASSACHUSETTS. SUPPORT FOUR NAMED NON-PROFITS, AND OTHERS, WHICH DO THE SAME.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

President/tr
25th percentile to median
$64k
$68k
Director/vic
Officer (Unspecified)
$22k
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 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 WOLLASTON LUTHERAN FOUNDATION INC equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
10%
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.

Up 15%
from 2023

From $56k in 2023 to $64k in 2024.

$56k
2023
$64k
2024
In today's dollarsEst.
Up 11% in real terms$61k to $68k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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 15% from 2023 to 2024, while revenue rose 21%.

$56k in 2023 to $64k 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 WOLLASTON LUTHERAN FOUNDATION INC

What does the Chief Executive Officer of WOLLASTON LUTHERAN FOUNDATION INC earn?

In 2024, the Chief Executive Officer of WOLLASTON LUTHERAN FOUNDATION INC received $63,950 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WOLLASTON LUTHERAN FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at WOLLASTON LUTHERAN FOUNDATION INC falls between the 25th percentile and the median. In 2024, the highest total compensation at WOLLASTON LUTHERAN FOUNDATION INC equaled 10% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are WOLLASTON LUTHERAN FOUNDATION INC's revenue and expenses?

In 2024, WOLLASTON LUTHERAN FOUNDATION INC reported $1.2M in total revenue and $672k in total expenses on its IRS Form 990.

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