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Filing year 2024

COLAB

Chattanooga, Tennessee·EIN 26-3934828·NTEE A20 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$1.2M
Total assets
$528k
Total expenses
$1.4M
Reported officers
16
Mission

OUR VISION IS TO PUT CHATTANOOGA AT THE FOREFRONT OF CUTTING-EDGE TECHNOLOGIES TO IMPROVE OUR ECOSYSTEM WITH ADVANCES IN SUSTAINABLE MOBILITY, TO BE THE BEST SUSTAINABLE MOBILITY STARTUP ACCELERATOR IN THE WORLD, AND TO BUILD A DIVERSE AND INCLUSIVE FUTURE BY SUPPORTING SCALABLE BUSINESSES IN THE GREATER CHATTANOOGA REGION. CO.LAB IS RECOGNIZED AS A TOP 10 ACCELERATOR IN THE COUNTRY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Tennessee.

Chief Executive Officer
75th to 90th percentile
$225k
$239k
Base
$193k
Bonus
$18k
Other
Benefits
$5k

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 15 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at COLAB equaled 16% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
16%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Climbed 163%
over 2 years

From $86k in 2022 to $225k in 2024.

$86k
2022
$206k
2023
$225k
2024
In today's dollarsEst.
Up 144% in real terms$98k to $239k

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 163% from 2022 to 2024, while revenue rose 55%.

$86k in 2022 to $225k 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.

Among peers

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

FAQ

Common questions about COLAB

What does the Chief Executive Officer of COLAB earn?

In 2024, the Chief Executive Officer of COLAB received $225,038 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Arts, Culture & Humanities organizations in Tennessee, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Arts, Culture & Humanities organizations in Tennessee, the 2024 pay of the Chief Executive Officer at COLAB falls between the 75th and 90th percentiles. In 2024, the highest total compensation at COLAB equaled 16% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are COLAB's revenue and expenses?

In 2024, COLAB reported $1.2M in total revenue and $1.4M in total expenses on its IRS Form 990.

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