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Filing year 2023

CHEROKEE FARM DEVELOPMENT CORP

Knoxville, Tennessee·EIN 46-1180603·NTEE B194 · Education·501(c)(3)
Total revenue
$1.6M
Total assets
$2.4M
Total expenses
$1.1M
Reported officers
13
Mission

SUPPORT AND ENHANCE THE UNIVERSITY OF TENNESSEE THROUGH DEVELOPMENT AND OPERATION OF THE UNIVERSITY OF TENNESSEE RESEARCH PARK AT CHEROKEE FARM INNOVATION CAMPUS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

President an
Former Officer/director/trustee
25th percentile to median
$152k
$166k
Base
$134k
Bonus
Other
Benefits
$18k
Vice Preside
Vice President
25th percentile to median
$104k
$114k

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 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHEROKEE FARM DEVELOPMENT CORP equaled 14% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
14%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 23%
from 2022

From $198k in 2022 to $152k in 2023.

$198k
2022
$152k
2023
In today's dollarsEst.
Down 26% in real terms$226k to $166k

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

Vice President pay rose 6% from 2022 to 2023, while revenue rose 43%.

$98k in 2022 to $104k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CHEROKEE FARM DEVELOPMENT CORP

What does the Former Officer/director/trustee of CHEROKEE FARM DEVELOPMENT CORP earn?

In 2023, the Former Officer/director/trustee of CHEROKEE FARM DEVELOPMENT CORP received $152,035 in total compensation. This pay is below the median (the midpoint) for Former Officer/director/trustee roles among Education organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at CHEROKEE FARM DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Former Officer/director/trustee at CHEROKEE FARM DEVELOPMENT CORP falls between the 25th percentile and the median. In 2023, the highest total compensation at CHEROKEE FARM DEVELOPMENT CORP equaled 14% of the organization's total expenses. The median for education organizations is 7%.

What are CHEROKEE FARM DEVELOPMENT CORP's revenue and expenses?

In 2023, CHEROKEE FARM DEVELOPMENT CORP reported $1.6M in total revenue and $1.1M in total expenses on its IRS Form 990.

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