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Filing year 2023

CENTERBOARD INC

Lynn, Massachusetts·EIN 04-3019658·501(c)(3)
Total revenue
$55.9M
Total assets
$40.7M
Total expenses
$47M
Reported officers
15
Mission

(CONTINUED FROM PAGE 1) WE WORK WITH LOCAL RESIDENTS, BUSINESSES, AND ELECTED OFFICIALS TO INCREASE ECONOMIC OPPORTUNITY IN THE COMMUNITY. THROUGH THESE EFFORTS, WE SERVE OVER 1,500 PEOPLE EACH YEAR.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

CEO
75th to 90th percentile
$259k
$285k
Base
$192k
Bonus
$21k
Other
Benefits
$39k
COO
75th to 90th percentile
$237k
$261k
Base
$179k
Bonus
$20k
Other
Benefits
$31k
Dir of Hsg P
Highest Compensated Employee
25th percentile to median
$144k
$158k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Funded by

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

Up 18%
from 2022

From $219k in 2022 to $259k in 2023.

$219k
2022
$259k
2023
In today's dollarsEst.
Up 14% in real terms$251k to $285k

Estimated with Boston-Cambridge-Newton, MA-NH 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 rose 18% from 2022 to 2023, while revenue rose 113%.

$219k in 2022 to $259k in 2023.
  • Chief Operating Officer pay rose 20% 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

CENTERBOARD INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$26.2M
$22.9M
2022
$55.9M
$47M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CENTERBOARD INC

What does the Chief Executive Officer of CENTERBOARD INC earn?

In 2023, the Chief Executive Officer of CENTERBOARD INC received $258,951 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTERBOARD INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CENTERBOARD INC falls between the 75th and 90th percentiles.

What are CENTERBOARD INC's revenue and expenses?

In 2023, CENTERBOARD INC reported $55.9M in total revenue and $47M in total expenses on its IRS Form 990.

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