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Filing year 2024

FEDERAL HILL COMMERCE ASSOCIATION

Providence, Rhode Island·EIN 06-1482194·NTEE S20 · Community Improvement & Capacity Building·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 · Schedule J · 5 reported individuals · Filing year 2024

$187k
$202k
Director
board member
$14k
$15k
Director
board member
$13k
$14k
Secretary
officer (unspecified)
$2k
$3k
Chairman
board chair
$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

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

FEDERAL HILL COMMERCE ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$743k
$759k
2023
$1.6M
$528k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn

Comparable community improvement & capacity building organizations nationwide pay their highest-earning executive a median of $74,928.

25th percentile
$33k
Median
$74,928
75th percentile
$138k
90th percentile
$234k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 2,512 organizations across 2,512 filings (2021 – 2023).

See full Community Improvement & Capacity Building compensation data
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