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Filing year 2024

BUSINESS FOR A FAIR MINIMUM WAGE INC

Silver Spring, Maryland·EIN 82-5423675·NTEE S41 · Community Improvement & Capacity Building·501(c)(4)
Total revenue
$394k
Total assets
$2k
Total expenses
$401k
Reported officers
5
Mission

TO EDUCATE ABOUT THE BUSINESS CASE FOR A HIGHER MINIMUM WAGE, AND TO ORGANIZE AND PUBLICIZE BUSINESS SUPPORT FOR RAISING THE MINIMUM WAGE AND OTHER FAIR EMPLOYMENT POLICIES.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

President & CEO
Median to 75th percentilevs Community Improvement & Capacity Building peers in Maryland
$149k
$158k
Director
Officer (Unspecified)
$17k
$18k
Director
Board Member
25th percentile to median
$7k
$7k
Director
Board Member
10th to 25th percentile
$3k
$3k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at BUSINESS FOR A FAIR MINIMUM WAGE INC equaled 37% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
37%
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.

Down 11%
from 2023

From $168k in 2023 to $149k in 2024.

$168k
2023
$149k
2024
In today's dollarsEst.
Down 14% in real terms$184k to $158k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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 11% from 2023 to 2024, while revenue fell 21%.

$168k in 2023 to $149k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 BUSINESS FOR A FAIR MINIMUM WAGE INC

What does the Chief Executive Officer of BUSINESS FOR A FAIR MINIMUM WAGE INC earn?

In 2024, the Chief Executive Officer of BUSINESS FOR A FAIR MINIMUM WAGE INC received $149,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BUSINESS FOR A FAIR MINIMUM WAGE INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Maryland, the 2024 pay of the Chief Executive Officer at BUSINESS FOR A FAIR MINIMUM WAGE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at BUSINESS FOR A FAIR MINIMUM WAGE INC equaled 37% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are BUSINESS FOR A FAIR MINIMUM WAGE INC's revenue and expenses?

In 2024, BUSINESS FOR A FAIR MINIMUM WAGE INC reported $394k in total revenue and $401k in total expenses on its IRS Form 990.

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