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Filing year 2023

504 Capital Corporation

Chesapeake, Virginia·EIN 54-1239624·501(c)(6)
Total revenue
$2.7M
Total assets
$4.6M
Total expenses
$2M
Reported officers
9
Mission

To provide SBA Sec. 504 loans.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$336k
$367k
Business Development Officer
Highest Compensated Employee
Median to 75th percentile
$212k
$232k
Underwriter
Highest Compensated Employee
25th percentile to median
$158k
$172k
Operations Officer
Highest Compensated Employee
25th percentile to median
$147k
$161k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 5 unpaid individuals.

Up 13%
from 2022

From $297k in 2022 to $336k in 2023.

$297k
2022
$336k
2023
In today's dollarsEst.
Up 8% in real terms$339k to $367k

Estimated with BLS CPI-U for the South 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 rose 13% from 2022 to 2023, while revenue rose 12%.

$297k in 2022 to $336k in 2023.
  • Highest Compensated Employee pay rose 23% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

504 Capital Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.4M
$1.9M
2022
$2.7M
$2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about 504 Capital Corporation

What does the Chief Executive Officer of 504 Capital Corporation earn?

In 2023, the Chief Executive Officer of 504 Capital Corporation received $336,417 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 504 Capital Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at 504 Capital Corporation falls in the top 10%.

What are 504 Capital Corporation's revenue and expenses?

In 2023, 504 Capital Corporation reported $2.7M in total revenue and $2M in total expenses on its IRS Form 990.

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