Skip to main content
Filing year 2023

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC

Frederick, Maryland·EIN 20-1262262·NTEE S300 · Community Improvement & Capacity Building·3
Total revenue
$7.8M
Total assets
$11M
Total expenses
$1.8M
Reported officers
15
Mission

TO FOSTER ENTREPRENEURIAL ACTIVITY IN THE INFORMATION TECHNOLOGY AND LIFE SCIENCE INDUSTRIES WITHIN FREDERICK COUNTY, MARYLAND.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base salaryExecutive compensation
$150k
$164k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 5%
from 2022

From $157k in 2022 to $150k in 2023.

$157k
2022
$150k
2023
In today's dollarsEst.
Down 7% in real terms$178k to $164k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, 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

FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$1.1M
2022
$7.8M
$1.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Maryland

Comparable community improvement & capacity building organizations in Maryland pay their highest-earning executive a median of $105,636.

25th percentile
$62k
Median
$105,636
75th percentile
$175k
90th percentile
$282k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 222 organizations across 222 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Maryland
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.