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Filing year 2023

DOWNTOWN DURHAM INC

Durham, North Carolina·EIN 56-1790531·501(c)(6)
Total revenue
$2.1M
Total assets
$1.9M
Total expenses
$2.1M
Reported officers
29
Mission

CREATE AN ENVIRONMENT FOR PRIVATE DEVELOPMENT IN DOWNTOWN DURHAM BY FOCUSING OUR EFFORTS IN FIVE MAIN PROJECT AREAS: ECONOMIC DEVELOPMENT, PARKING, APPEARANCE, SAFETY, PROMOTION.

Executive compensation

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 & CEO
Median to 75th percentile
$152k
$166k

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 28 unpaid individuals.

Up 20%
from 2022

From $127k in 2022 to $152k in 2023.

$127k
2022
$152k
2023
In today's dollarsEst.
Up 14% in real terms$145k 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

Chief Executive Officer pay rose 20% from 2022 to 2023, while revenue rose 7%.

$127k in 2022 to $152k 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

DOWNTOWN DURHAM INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.9M
$1.9M
2022
$2.1M
$2.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about DOWNTOWN DURHAM INC

What does the Chief Executive Officer of DOWNTOWN DURHAM INC earn?

In 2023, the Chief Executive Officer of DOWNTOWN DURHAM INC received $152,063 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DOWNTOWN DURHAM 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 DOWNTOWN DURHAM INC falls between the median and the 75th percentile.

What are DOWNTOWN DURHAM INC's revenue and expenses?

In 2023, DOWNTOWN DURHAM INC reported $2.1M in total revenue and $2.1M in total expenses on its IRS Form 990.

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