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Filing year 2023

DOWNTOWN SANFORD INC

Sanford, North Carolina·EIN 56-1472402·3
Total revenue
$390k
Total assets
$99k
Total expenses
$379k
Reported officers
15
Mission

TO MANAGE THE DEVELOPMENT OF DOWNTOWN SANFORD AS THE PRIMARY ECONOMIC, CULTURAL, AND SOCIAL CENTER OF THE COMMUNITY; TO EDUCATE THE COMMUNITY ON THE UNIQUE ASSETS AND HISTORICAL SIGNIFICANCE OF THE DOWNTOWN AREA; AND TO PROMOTE AND STIMULATE THE IMPROVEMENT OF THESE ASSETS.

Executive compensation

Form 990 · 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.

Executive Di
25th percentile to median
$63k
$69k

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 14 unpaid individuals.

Up 27%
from 2021

From $50k in 2021 to $63k in 2023.

$50k
2021
$63k
2023
In today's dollarsEst.
Up 12% in real terms$62k to $69k

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 27% from 2021 to 2023, while revenue rose 21%.

$50k in 2021 to $63k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2021 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 SANFORD INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$323k
$306k
2021
$390k
$379k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about DOWNTOWN SANFORD INC

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

In 2023, the Chief Executive Officer of DOWNTOWN SANFORD INC received $63,471 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DOWNTOWN SANFORD 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 SANFORD INC falls between the 25th percentile and the median.

What are DOWNTOWN SANFORD INC's revenue and expenses?

In 2023, DOWNTOWN SANFORD INC reported $390k in total revenue and $379k in total expenses on its IRS Form 990.

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