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Filing year 2023

COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC

Richmond, Virginia·EIN 54-0887849·501(c)(6)
Total revenue
$1.1M
Total assets
$989k
Total expenses
$900k
Reported officers
30
Mission

FOSTER AND PROMOTE THE PROGRESS AND GENERAL WELFARE OF ITS MEMBER COLLEGES, WITH SPECIAL CONCERN FOR THE PLURALISTIC NATURE OF THE SYSTEM OF HIGHER EDUCATION IN VIRGINIA.

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.

President
75th to 90th percentile
$281k
$307k
Base
$248k
Bonus
Other
Benefits
$8k
Health Cons. Ex, Dir.
Key Employee
Median to 75th percentile
$209k
$228k
Base
$174k
Bonus
Other
$300
Benefits
$16k
Dir. of Gov. Relations
Highest Compensated Employee
10th to 25th percentile
$124k
$135k

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 27 unpaid individuals.

Down 14%
from 2022

From $327k in 2022 to $281k in 2023.

$327k
2022
$281k
2023
In today's dollarsEst.
Down 18% in real terms$374k to $307k

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 fell 14% from 2022 to 2023, while revenue fell 27%.

$327k in 2022 to $281k in 2023.
  • Key Employee pay rose 19% 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

COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.5M
$1.7M
2022
$1.1M
$900k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC

What does the Chief Executive Officer of COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC earn?

In 2023, the Chief Executive Officer of COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC received $281,285 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 COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA 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 COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC falls between the 75th and 90th percentiles.

What are COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC's revenue and expenses?

In 2023, COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC reported $1.1M in total revenue and $900k in total expenses on its IRS Form 990.

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