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Filing year 2023

WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA

Worcester, Massachusetts·EIN 56-2522670·NTEE B82 · Education·501(c)(3)
Total revenue
$995k
Total assets
$796k
Total expenses
$614k
Reported officers
14
Mission

TO COLLABORATE WITH THE WORCESTER PUBLIC SCHOOLS TO PROVIDE PROGRAMS AND RESOURCES TO IMPROVE LEARNING AND SUCCESS FOR STUDENTS. WE ARE WORKING TO ELIMINATE BARRIERS TO STUDENTS REACHING THEIR FULL ACADEMIC POTENTIAL BY SUPPORTING RICH OPPORTUNITIES FOR STUDENTS INCLUDING ARTS AND CULTURE, ATHLETICS, AND HEALTH AND WELLNESS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.

Executive Director
Below 10th percentile
$23k
$26k

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 13 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA equaled 4% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
4%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 24%
from 2022

From $19k in 2022 to $23k in 2023.

$19k
2022
$23k
2023
In today's dollarsEst.
Up 20% in real terms$21k to $26k

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 24% from 2022 to 2023, while revenue rose 127%.

$19k in 2022 to $23k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA

What does the Chief Executive Officer of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA earn?

In 2023, the Chief Executive Officer of WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA received $23,077 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA compare with similar nonprofits?

Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA falls in the bottom 10%. In 2023, the highest total compensation at WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA equaled 4% of the organization's total expenses. The median for education organizations is 7%.

What are WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA's revenue and expenses?

In 2023, WORCESTER EDUCATIONAL DEVELOPMENT FOUNDA reported $995k in total revenue and $614k in total expenses on its IRS Form 990.

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