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Filing year 2024

FEDERAL HILL COMMERCE ASSOCIATION

Providence, Rhode Island·EIN 06-1482194·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.6M
Total assets
$1.2M
Total expenses
$528k
Reported officers
10
Mission

TO FOSTER DEVELOPMENT, PROMOTION AND IMPROVEMENTS OF THE AREAS DESIGNATED WITHIN ITS JURISDICATION.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

President
75th to 90th percentile
$187k
$202k
Director
Board Member
25th percentile to median
$14k
$15k
Director
Board Member
25th percentile to median
$13k
$14k
Secretary
Officer (Unspecified)
$2k
$3k
Chairman
Board Chair
Below 10th percentile
$500
$540

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FEDERAL HILL COMMERCE ASSOCIATION equaled 35% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
35%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building 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.

Up 20%
from 2023

From $156k in 2023 to $187k in 2024.

$156k
2023
$187k
2024
In today's dollarsEst.
Up 16% in real terms$174k to $202k

Estimated with BLS CPI-U for the Northeast 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 2023 to 2024, while revenue rose 119%.

$156k in 2023 to $187k in 2024.
  • Board Member pay rose 45% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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 FEDERAL HILL COMMERCE ASSOCIATION

What does the Chief Executive Officer of FEDERAL HILL COMMERCE ASSOCIATION earn?

In 2024, the Chief Executive Officer of FEDERAL HILL COMMERCE ASSOCIATION received $187,210 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FEDERAL HILL COMMERCE ASSOCIATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at FEDERAL HILL COMMERCE ASSOCIATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at FEDERAL HILL COMMERCE ASSOCIATION equaled 35% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FEDERAL HILL COMMERCE ASSOCIATION's revenue and expenses?

In 2024, FEDERAL HILL COMMERCE ASSOCIATION reported $1.6M in total revenue and $528k in total expenses on its IRS Form 990.

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