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Filing year 2023

16 TECH COMMUNITY CORPORATION

Indianapolis, Indiana·EIN 81-0853467·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$32.5M
Total assets
$155M
Total expenses
$14.3M
Reported officers
23
Mission

TO CREATE AN INCLUSIVE INNOVATION COMMUNITY. THE 16 TECH INNOVATION DISTRICT WILL FOSTER AND ENHANCE ECONOMIC DEVELOPMENT, TALENT ATTRACTION, DEVELOPMENT AND RETENTION AS AN ACCESSIBLE ENTREPRENEURIAL ECOSYSTEM THAT CATALYZES THE GROWTH OF COMPANIES AND DIVERSE TALENT THAT WILL TRANSFORM INDUSTRIES, CAREERS, AND OUR FUTURE ECONOMY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President and CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Indiana
$441k
$487k
Base
$350k
Bonus
$57k
Other
Benefits
$12k
Chief Financial Officer
75th to 90th percentile
$244k
$269k
Base
$187k
Bonus
Other
Benefits
$34k
Chief Operating Officer
75th to 90th percentile
$241k
$266k
Base
$185k
Bonus
$9k
Other
Benefits
$24k
Director of Business Devel
Highest Compensated Employee
75th to 90th percentile
$217k
$240k
Base
$154k
Bonus
$15k
Other
Benefits
$35k
Controller
Median to 75th percentile
$161k
$178k
Base
$120k
Bonus
$10k
Other
Benefits
$12k
Secretary
Officer (Unspecified)
$132k
$146k
Director
Board Member
75th to 90th percentile
$78k
$86k
Vice Chair
Board Vice Chair
Above 90th percentile
$68k
$75k
Chair
Board Chair
Below 10th percentile
$1k
$2k
Director
Board Member
Below 10th percentile
$104
$115

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at 16 TECH COMMUNITY CORPORATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
3%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 2%
from 2021

From $452k in 2021 to $441k in 2023.

$452k
2021
$441k
2023
In today's dollarsEst.
Down 13% in real terms$560k to $487k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 2% from 2021 to 2023, while revenue fell 26%.

$452k in 2021 to $441k in 2023.
  • Highest Compensated Employee pay rose 6% from 2021 to 2023.
  • Board Member pay rose 31% from 2021 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about 16 TECH COMMUNITY CORPORATION

What does the Chief Executive Officer of 16 TECH COMMUNITY CORPORATION earn?

In 2023, the Chief Executive Officer of 16 TECH COMMUNITY CORPORATION received $441,272 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 16 TECH COMMUNITY CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2023 pay of the Chief Executive Officer at 16 TECH COMMUNITY CORPORATION falls in the top 10%. In 2023, the highest total compensation at 16 TECH COMMUNITY CORPORATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are 16 TECH COMMUNITY CORPORATION's revenue and expenses?

In 2023, 16 TECH COMMUNITY CORPORATION reported $32.5M in total revenue and $14.3M in total expenses on its IRS Form 990.

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