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MERCY SHIPS FOUNDATION
MERCY SHIPS FOUNDATION
TX · Philanthropy & Grantmaking · EIN 752641151
15
Executives Disclosed
$5.2M
Annual Revenue
$278.9M
Total Assets
1.2:1
Internal Pay Ratio
MERCY SHIPS FOUNDATION has 15 executives with disclosed compensation. The highest-paid executive, Don Stephens (Director/Pres. Emeritus), received peak total compensation of $374,979. The sector average for Philanthropy & Grantmaking executives is $213K.
Top Executive Compensation Over Time
Executive Compensation
| Name | Title | Peak Comp. | Latest Comp. | Years | vs. Household |
|---|---|---|---|---|---|
| Don Stephens | Director/Pres. Emeritus | $375K | $300K | 2016–2019 | 5x |
| Fred Grote | CFO OF MERCY SHIPS End: 9/30/23 | $314K | $314K | 2017–2023 | 4.2x |
| Thomas Stogner Part-Year | FORMER CEO | $312K | $312K | 2021–2021 | 4.2x |
| Don Stephens Part Year | Director/Pres. Emeritus | $300K | $300K | 2020–2020 | 4x |
| Tom Stogner | Director/President | $287K | $287K | 2018–2020 | 3.8x |
| Paul Owen | Non-Director Board Secretary End: 7/16/2024 | $268K | $263K | 2021–2024 | 3.6x |
| Nicolas Adame | CFO OF MERCY SHIPS START: 01/08/2024 | $267K | $267K | 2024–2024 | 3.6x |
| Donovan Palmer | Director/CEO (Part Year) | $262K | $262K | 2016–2019 | 3.5x |
| Fred Grote Part-Year | CFO | $244K | $244K | 2021–2021 | 3.2x |
| Vanda Davey Part Year | CFO | $216K | $216K | 2017–2017 | 2.9x |
| Vanda Davey | CFO | $206K | $206K | 2016–2016 | 2.7x |
| Kerry Peterson Part-Year | SECRETARY | $171K | $171K | 2021–2021 | 2.3x |
| Kerry Peterson | Secretary | $160K | $159K | 2016–2020 | 2.1x |
| David Schwab | General Counsel Start: 12/5/2024 | $108K | $0 | 2024–2024 | 1.4x |
| Linda Pruett | ASSISTANT SECRETARY | $80K | $0 | 2022–2024 | 1.1x |
Annual Summary
| Year | Executives | Avg. Comp. | Highest Comp. | Total Payroll |
|---|---|---|---|---|
| 2016 | 4 | $279K | $375K | $838K |
| 2017 | 5 | $279K | $363K | $836K |
| 2018 | 5 | $237K | $283K | $948K |
| 2019 | 5 | $232K | $300K | $1.2M |
| 2020 | 4 | $241K | $300K | $966K |
| 2021 | 4 | $241K | $312K | $964K |
| 2022 | 3 | $259K | $261K | $518K |
| 2023 | 3 | $291K | $314K | $583K |
| 2024 | 4 | $265K | $267K | $530K |
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