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Filing year 2023

CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT

Charlottesville, Virginia·EIN 54-1788499·501(c)(6)
Total revenue
$2.1M
Total assets
$483k
Total expenses
$2.3M
Reported officers
25
Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN THE CHARLOTTESVILLE AND CENTRAL VIRGINIA REGION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President
75th to 90th percentile
$188k
$205k
Base
$145k
Bonus
$10k
Other
$10k
Benefits
$10k

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 24 unpaid individuals.

Up 4%
from 2022

From $181k in 2022 to $188k in 2023.

$181k
2022
$188k
2023
In today's dollarsEst.
Down 1% in real terms$206k to $205k

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 4% from 2022 to 2023, while revenue fell 16%.

$181k in 2022 to $188k in 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

CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.6M
$2.6M
2022
$2.1M
$2.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT

What does the Chief Executive Officer of CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT earn?

In 2023, the Chief Executive Officer of CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT received $187,506 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 CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT falls between the 75th and 90th percentiles.

What are CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT's revenue and expenses?

In 2023, CENTRAL VIRGINIA PARTNERSHIP FOR ECONOMIC DEVELOPMENT reported $2.1M in total revenue and $2.3M in total expenses on its IRS Form 990.

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