Skip to content
Nonprofiteer
← STRADA COLLABORATIVE INC

Form 990 for tax year 2022

Filed by STRADA COLLABORATIVE INC.

Totals

Total revenue
$76,931,166
Total expenses
$79,334,560
Contributions and grants received
$21,407,895
Grants paid
$32,238
Program service revenue
$55,127,533
Investment income
$0
Other revenue
$395,738
Total assets, end of year
$58,003,532
Total liabilities, end of year
$15,022,237
Net assets or fund balances, end of year
$42,981,295
Program services expenses (Part IX)
$48,528,977
Management and general expenses
$26,038,919
Fundraising expenses
$4,766,664
Program service expenses (Part III)
$48,528,977

Program services were 61.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • RUTH WATKINS

    BOARD MEMBER

    Total calculated
    $766,596
    From this org
    $0
    From related orgs
    $701,129
    Other
    $65,467
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $431,830 related
    Bonus
    $0 + $245,143 related
    Other
    $0 + $24,156 related
    Deferred
    $0 + $32,700 related
    Nontaxable benefits
    $0 + $32,767 related
    Filer's total
    $0 + $766,596 related

  • LARRY LUTZ CHAIRMAN THRU 4822

    VICE CHAIR (BEG 4/9/22)

    Total calculated
    $883,817
    From this org
    $0
    From related orgs
    $811,517
    Other
    $72,300
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $325,188 related
    Bonus
    $0 + $439,280 related
    Other
    $0 + $47,049 related
    Deferred
    $0 + $32,700 related
    Nontaxable benefits
    $0 + $39,600 related
    Filer's total
    $0 + $883,817 related

  • THOMAS DAWSON

    PRESIDENT AND CHAIRMAN (BEG 4/9/22)

    Total calculated
    $867,722
    From this org
    $0
    From related orgs
    $792,572
    Other
    $75,150
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $300,922 related
    Bonus
    $0 + $418,391 related
    Other
    $0 + $73,259 related
    Deferred
    $0 + $32,700 related
    Nontaxable benefits
    $0 + $42,450 related
    Filer's total
    $0 + $867,722 related

  • DARRYL GRAHAM

    BOARD MEMBER

    Total calculated
    $497,771
    From this org
    $0
    From related orgs
    $440,614
    Other
    $57,157
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,870 related
    Bonus
    $0 + $186,731 related
    Other
    $0 + $21,013 related
    Deferred
    $0 + $32,246 related
    Nontaxable benefits
    $0 + $24,911 related
    Filer's total
    $0 + $497,771 related

  • MICHAEL AUSTIN

    TREASURER

    Total calculated
    $740,789
    From this org
    $0
    From related orgs
    $665,639
    Other
    $75,150
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $267,497 related
    Bonus
    $0 + $318,568 related
    Other
    $0 + $79,574 related
    Deferred
    $0 + $32,700 related
    Nontaxable benefits
    $0 + $42,450 related
    Filer's total
    $0 + $740,789 related

  • JULIE RAGSDALE

    SECRETARY (BEG 4/9/22)

    Total calculated
    $338,758
    From this org
    $0
    From related orgs
    $309,611
    Other
    $29,147
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $212,567 related
    Bonus
    $0 + $50,012 related
    Other
    $0 + $47,032 related
    Deferred
    $0 + $29,147 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $338,758 related

  • CHRISTINA CLARK

    SECRETARY (THRU 4/8/22)

    Total calculated
    $254,912
    From this org
    $0
    From related orgs
    $220,449
    Other
    $34,463
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $62,500 related
    Bonus
    $0 + $108,945 related
    Other
    $0 + $49,004 related
    Deferred
    $0 + $18,058 related
    Nontaxable benefits
    $0 + $16,405 related
    Filer's total
    $0 + $254,912 related

  • RUTH WHITE

    PRESIDENT - ITK

    Total calculated
    $535,131
    From this org
    $518,893
    From related orgs
    $0
    Other
    $16,238
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,193
    Bonus
    $250,473
    Other
    $1,227
    Deferred
    $12,200
    Nontaxable benefits
    $4,038
    Filer's total
    $535,131

  • JAIME NUNEZ

    PRESIDENT - EAW

    Total calculated
    $501,568
    From this org
    $460,753
    From related orgs
    $0
    Other
    $40,815
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,248
    Bonus
    $202,560
    Other
    $945
    Deferred
    $12,200
    Nontaxable benefits
    $28,615
    Filer's total
    $501,568

  • MICHAEL MARRINER

    PRESIDENT - RTN

    Total calculated
    $453,933
    From this org
    $423,398
    From related orgs
    $0
    Other
    $30,535
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $279,654
    Bonus
    $142,967
    Other
    $777
    Deferred
    $12,200
    Nontaxable benefits
    $18,335
    Filer's total
    $453,933

  • EARL BUFORD

    PRESIDENT - CAEL

    Total calculated
    $410,227
    From this org
    $380,733
    From related orgs
    $0
    Other
    $29,494
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,001
    Bonus
    $94,646
    Other
    $26,086
    Deferred
    $18,300
    Nontaxable benefits
    $11,194
    Filer's total
    $410,227

  • BRIAN MCALLISTER

    COO

    Total calculated
    $402,398
    From this org
    $365,878
    From related orgs
    $0
    Other
    $36,520
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,151
    Bonus
    $142,967
    Other
    $760
    Deferred
    $12,200
    Nontaxable benefits
    $24,320
    Filer's total
    $402,398

  • KAI DREKMEIER

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $365,887
    From this org
    $326,433
    From related orgs
    $0
    Other
    $39,454
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,468
    Bonus
    $111,800
    Other
    $1,165
    Deferred
    $12,200
    Nontaxable benefits
    $27,254
    Filer's total
    $365,887

  • ELENA WEALTY

    CONTROLLER (THRU 9/30/22)

    Total calculated
    $363,397
    From this org
    $244,067
    From related orgs
    $0
    Other
    $119,330
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $136,514
    Bonus
    $0
    Other
    $107,553
    Deferred
    $5,673
    Nontaxable benefits
    $113,657
    Filer's total
    $363,397

  • ARIELLA TENUTA

    CFO

    Total calculated
    $352,191
    From this org
    $335,441
    From related orgs
    $0
    Other
    $16,750
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,453
    Bonus
    $126,582
    Other
    $406
    Deferred
    $10,761
    Nontaxable benefits
    $5,989
    Filer's total
    $352,191

  • STEPHEN AST

    AVP, PARTNER SUCCESS

    Total calculated
    $309,084
    From this org
    $281,124
    From related orgs
    $0
    Other
    $27,960
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,437
    Bonus
    $71,550
    Other
    $1,137
    Deferred
    $11,398
    Nontaxable benefits
    $16,562
    Filer's total
    $309,084

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
STRADA EDUCATION FOUNDATION, INC., A RELATED ENTITY OF STRADA COLLABORATIVE, INC., USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
PART I, LINE 4A:
UNDER A VOLUNTARY TERMINATION AGREEMENT ENTERED INTO BY THE EMPLOYEE AND THE ORGANIZATION OR UPON A QUALIFYING TERMINATION DEFINED AS AN INVOLUNTARY SEPARATION FROM SERVICE OTHER THAN FOR CAUSE, THE EMPLOYEE IS ENTITLED TO SEVERANCE PAY BASED UPON YEARS OF SERVICE. THE TERMS AND CONDITIONS TO RECEIVE SEVERANCE PAYMENTS REQUIRE THE EMPLOYEE TO SIGN A RELEASE OF CLAIMS FORM THAT COVERS ALL SITUATIONS SURROUNDING THE EMPLOYEE'S EMPLOYMENT AND SEPARATION FROM STRADA COLLABORATIVE, INC. A SEVERANCE PAYMENT WAS MADE DURING THE YEAR TO THE FOLLOWING LISTED PERSON IN PART VII: ELENA WEALTY - $91,720
PART I, LINE 4B:
ELIGIBLE EMPLOYEES PARTICIPATE IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN UNDER CODE SECTION 457(F). ANY AMOUNTS ULTIMATELY PAID UNDER THE PLAN TO AN ELIGIBLE EMPLOYEE IS REPORTED AS COMPENSATION ON FORM 990, SCHEDULE J, PART II, COLUMN B IN THE YEAR PAID. PAYMENTS UNDER THE 457(F) PLAN WERE MADE DURING CALENDAR YEAR 2022 TO THE FOLLOWING LISTED PERSONS IN PART VII: LARRY LUTZ - $13,470 THOMAS DAWSON - $18,327 MICHAEL AUSTIN - $2,781
PART I, LINE 7:
ELIGIBLE EMPLOYEES PARTICIPATE IN THE INCENTIVE PAY PROGRAMS BASED ON CERTAIN ELIGIBILITY REQUIREMENTS AND ANY PAYMENTS ARE DETERMINED BY OVERALL ACHIEVEMENT OF ESTABLISHED BUSINESS GOALS FOR EACH DIVISION OF STRADA COLLABORATIVE, INC., ALONG WITH THE EMPLOYEES' ACHIEVEMENT OF PERSONAL GOALS AND OBJECTIVES, AS ASSESSED BY MANAGEMENT AND THE HR TEAM. PAYMENTS UNDER THE INCENTIVE PROGRAMS ARE EVALUATED AND ASSESSED FOR REASONABLENESS AND EQUITY BY THE HR TEAM OF THE PARENT ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349314988

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.