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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Public & Societal Benefit The Rand Corporation

The Rand Corporation

Fiscal year ending 2023. Filed on August 13, 2024.

1776 Main Street PO Box 2138
PO Box 591
Santa Monica, California 90407

The Rand Corporation (EIN: 95-1958142) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, The Rand Corporation, a 501(c)(3) charitable organization, reported compensation for 14 out of 2,296 total employees. Among the employees shown here, the average compensation is $505,000. The highest compensated employee at The Rand Corporation is Michael Rich with fiscal year 2023 compensation of $1,042,357.

Revenue, expenses, and employee compensation

Revenue

$467,202,380

Expenses

$413,015,979

Employee compensation

$295,033,596
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Rich
President and Chief Executive Officer
$1,042,357
$988,848 No related comp$53,509
Andrew Hoehn
Senior Vice President, Research and Analysis
$582,683
$529,129 No related comp$53,554
Eric Peltz
Senior Vice President, Finance and Operations
$536,183
$464,635 No related comp$71,548
Nancy Staudt
Dean, Pardee RAND Graduate School
$491,989
$443,897 No related comp$48,092
Brandon Baker
Vice President, Development
$487,013
$432,573 No related comp$54,440
Michael J Januzik
Chief Financial Officer and Vice President
$479,169
$418,262 No related comp$60,907
Robert Case
Vice President, General CNSL and CORP SEC
$473,643
$403,263 No related comp$70,380
Michael Weitzenfeld
Vice President and Chief Information Officer
$469,286
$400,431 No related comp$68,855
Jason Matheny
President and CEO (Start 7/5/22)
$467,609
$426,335 No related comp$41,274
Kevin Jack Riley
Vice President, HSRD
$464,073
$404,169 No related comp$59,904
Cheryl Damberg
SR, Economist Principal
$448,840
$376,220 No related comp$72,620
Anita Chandra
Vice President, SEW
$424,301
$376,971 No related comp$47,330

Benchmark Employee Compensation

Non-Employee Board Members

Donald B Rice
Trustee (Part-Year)
$4,200
$4,200 No related compNo other comp
Janet Napolitano
Trustee
$4,200
$4,200 No related compNo other comp
Gerald L Parsky
Trustee (Part-Year)
$4,200
$4,200 No related compNo other comp
Michael Gould
Trustee (Part-Year)
$4,200
$4,200 No related compNo other comp
Lionel C Johnson
Trustee
$3,500
$3,500 No related compNo other comp
Mary E Peters
Trustee
$2,100
$2,100 No related compNo other comp
Philip Lader
Trustee (Part-Year)
$2,100
$2,100 No related compNo other comp
Richard J Danzig
Trustee
$2,100
$2,100 No related compNo other comp
Chuck Hagel
Trustee
$2,100
$2,100 No related compNo other comp
Kenneth Feinberg
Trustee (Part-Year)
$2,100
$2,100 No related compNo other comp
Soledad O'Brien
Trustee
$2,100
$2,100 No related compNo other comp
Carl O Bildt
Trustee
$2,100
$2,100 No related compNo other comp

Contractors

Hitt Contracting Inc.
Building Maintenance
$2,452,644
Universal Protection Service LLC
Security
$2,312,574
Amazon Web Services Inc.
Secure Cloud
$1,494,218
Ernst & Young LLP
Consulting
$1,421,958
Johnson Controls Building Automation System LLC
Building Maintenance
$987,166

Mission Statement

HELP IMPROVE POLICY AND DECISION MAKING THROUGH RESEARCH AND ANALYSIS.

Revisions to this organization profile

May 22, 2025:
2024 The Rand Corporation 990 filed
August 13, 2024:
Amended (originally filed June 26, 2024)2023 The Rand Corporation 990 filed
May 9, 2023:
2022 The Rand Corporation 990 filed

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