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Filing year 2024

ADVANCING RENEWAL MINISTRIES INC

Charlotte, North Carolina·EIN 43-1308351·501(c)(3)
Total revenue
$21k
Total assets
$0
Total expenses
$41k
Reported officers
3

Executive compensation

Form 990-EZ · Part IV · 1 reported individual · Filing year 2024

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

President & CEO
10th to 25th percentile
$30k
$32k

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 2 unpaid individuals.

Fell 8%
over 2 years

From $33k in 2022 to $30k in 2024.

$33k
2022
$25k
2023
$30k
2024
In today's dollarsEst.
Down 15% in real terms$37k to $32k

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 fell 8% from 2022 to 2024, while revenue fell 57%.

$33k in 2022 to $30k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

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

Revenue and expenses over time

ADVANCING RENEWAL MINISTRIES INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$49k
$48k
2022
$46k
$37k
2023
$21k
$41k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ADVANCING RENEWAL MINISTRIES INC

What does the Chief Executive Officer of ADVANCING RENEWAL MINISTRIES INC earn?

In 2024, the Chief Executive Officer of ADVANCING RENEWAL MINISTRIES INC received $30,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ADVANCING RENEWAL MINISTRIES INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ADVANCING RENEWAL MINISTRIES INC falls between the 10th and 25th percentiles.

What are ADVANCING RENEWAL MINISTRIES INC's revenue and expenses?

In 2024, ADVANCING RENEWAL MINISTRIES INC reported $21k in total revenue and $41k in total expenses on its IRS Form 990.

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