Strada Education Foundation Inc
Indianapolis, IN · EIN 47-3044430 · Community improvement · Rank 2,926 by total revenue
Strada education foundation, inc. ("strada") develops and supports programs, policies, and
Money, Form 990 for tax year 2024
- Total revenue
- $207,660,821
- Total expenses
- $180,502,322
- Total assets
- $1,837,044,236
- Salary base (all salaries and wages)
- $75,153,943
- Salaries, other pay and benefits
- $92,698,459
- Employees
- 1,789
- Salary base per employee
- $42,009
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (31)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Stephen Moret | CEO & PRESIDENT | Board, Officer | 40 | $1,506,974 |
| Ruth Watkins | PRESIDENT, POSTSECONDARY EDUCATION | Officer | 35 | $1,107,495 |
| Larry Lutz | EVP, CORPORATE DEVELOPMENT | Officer | 39 | $756,218 |
| Rhonda Powell | EVP, GEN COUNSEL & CORP SECRETARY | Officer | 39 | $745,002 |
| Thomas Dawson | PRESIDENT, STRADA COLLABORATIVE | Officer | 39 | $728,986 |
| Michael Austin | EVP, CFO, TREASURER | Officer | 39 | $707,916 |
| Gabriella Gomez | EVP, POLICY, ADVOCACY & COMMS | Officer | 40 | $600,708 |
| Aristide Collins Jr | EVP, CAO & CHIEF OF STAFF | Officer | 40 | $558,558 |
| Beth Cobert | PRES AFF & STRAT PSHPS (AS OF 11/24) | Officer | 40 | $219,994 |
| Jonathan Furr | SVP & CHIEF CLEAR OUTCOMES OFFICER | Key employee | 40 | $613,202 |
| Leonard Gurin | SVP, CASH & INVESTMENTS | Key employee | 40 | $532,804 |
| Thomas R Ertel | SVP, CHIEF ACCOUNTING OFFICER | Key employee | 40 | $529,437 |
| Michele Chang | SVP, CHIEF STRATEGY OFFICER | Key employee | 40 | $526,102 |
| Heather McKay | SVP, EMP ENGMT/ED SFW (AS OF 2/24) | Key employee | 40 | $501,292 |
| Justin Draeger | SVP, AFFORDABILITY (AS OF 7/24) | Key employee | 40 | $397,552 |
| Craig Robinson | SVP, QUALITY COACHING (AS OF 7/24) | Key employee | 40 | $336,398 |
| Laura Love | SVP, WRK-BASED LEARNING (AS OF 5/24) | Key employee | 40 | $282,956 |
| Marlene V Coulis | CHAIRMAN | Board | 4 | $115,000 |
| Ernest J Newborn II | BOARD MEMBER | Board | 2 | $97,000 |
| Gerard J Olinger | BOARD MEMBER | Board | 2 | $97,000 |
| Miriam W Strouse | BOARD MEMBER | Board | 2 | $97,000 |
| Nicole T Jenkins | BOARD MEMBER | Board | 2 | $97,000 |
| Sureel A Choksi | BOARD MEMBER | Board | 2 | $97,000 |
| Wade T Dyke | BOARD MEMBER | Board | 2 | $97,000 |
| Aminta H Breaux | BOARD MEMBER | Board | 2 | $85,000 |
| Ardine Williams | BOARD MEMBER | Board | 2 | $85,000 |
| Erik I Moreno | BOARD MEMBER | Board | 2 | $85,000 |
| Michael D King | BOARD MEMBER | Board | 2 | $85,000 |
| Ruben M Flores | BOARD MEMBER | Board | 2 | $85,000 |
| Susan J Ellspermann | BOARD MEMBER | Board | 2 | $85,000 |
| Thomas B Mangas | BOARD MEMBER | Board | 2 | $85,000 |
Top 10 paid people listed
These 10 people received $7,962,073, which is 10.6% of the $75,153,943 salary base shared by 1,789 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Stephen Moret | CEO & PRESIDENT | Board, Officer | 40 | $1,353,225 | $0 | $153,749 | $1,506,974 |
| Ruth Watkins | PRESIDENT, POSTSECONDARY EDUCATION | Officer | 35 | $1,000,590 | $0 | $106,905 | $1,107,495 |
| Larry Lutz | EVP, CORPORATE DEVELOPMENT | Officer | 39 | $673,733 | $0 | $82,485 | $756,218 |
| Rhonda Powell | EVP, GEN COUNSEL & CORP SECRETARY | Officer | 39 | $668,094 | $0 | $76,908 | $745,002 |
| Thomas Dawson | PRESIDENT, STRADA COLLABORATIVE | Officer | 39 | $654,103 | $0 | $74,883 | $728,986 |
| Michael Austin | EVP, CFO, TREASURER | Officer | 39 | $625,297 | $0 | $82,619 | $707,916 |
| David Clayton | SVP, RESEARCH | Highly paid employee | 40 | $557,423 | $0 | $70,263 | $627,686 |
| Jonathan Furr | SVP & CHIEF CLEAR OUTCOMES OFFICER | Key employee | 40 | $544,734 | $0 | $68,468 | $613,202 |
| Gabriella Gomez | EVP, POLICY, ADVOCACY & COMMS | Officer | 40 | $569,186 | $0 | $31,522 | $600,708 |
| Jessica Hinkle | SVP, STRATEGIC INVESTMENTS | Highly paid employee | 40 | $499,859 | $0 | $68,027 | $567,886 |
Sources
- IRS e-file return 202533219349309508 (Form 990, period ending 2024-12-31): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 47-3044430
- Organization website (as filed): www.strada.org