Public & Societal Benefit · VA
Andeco Institute
Andeco Institute reported paying Matthew Carpenter, President, $400,000 in total compensation (FY 2023).
That places Matthew Carpenter at approximately the 44th percentile among 39 similarly sized public & societal benefit nonprofits (median $453,586).
$59,053,115Total revenue (FY 2023)
$400,000Total executive compensation
44thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Andeco Institute — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable public & societal benefit nonprofits
Compensation is normalized to VA cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Safe 1 Credit Union | CA | $58,951,487 | $406,117 |
| North Fund | DC | $59,691,513 | $6,107 |
| Corporacion Para La Promocion De | PR | $57,719,154 | $295,177 |
| Edisto Electric Cooperative Inc | SC | $56,517,224 | $496,212 |
| Anabaptist Financial | PA | $56,415,297 | $152,233 |
| Rave Financial Credit Union | TX | $62,195,658 | $540,679 |
| Rushshelby Energy Rural Electric | IN | $55,792,578 | $317,544 |
| Peninsula Generation Cooperative | MI | $62,385,362 | $325,912 |