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Filing year 2023

COUNCIL OF INDEPENDENT COLLEGES IN VIRGINIA INC

Richmond, Virginia·EIN 54-0887849·6
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 · Schedule J · 3 reported individuals · Filing year 2023

$281k
$307k
Base
$248k
Bonus
Other
Benefits
$8k
Health Cons. Ex, Dir.
key employee
$209k
$228k
Base
$174k
Bonus
Other
$300
Benefits
$16k
Dir. of Gov. Relations
highest compensated employee
$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.

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.
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