TO FOSTER ENTREPRENEURIAL ACTIVITY IN THE INFORMATION TECHNOLOGY AND LIFE SCIENCE INDUSTRIES WITHIN FREDERICK COUNTY, MARYLAND.
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 Community Improvement & Capacity Building organizations in Maryland.
| Position | Total |
|---|---|
President/ceo Median to 75th percentile | $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 →
Top pay as a share of expenses
In 2023, the highest total compensation at FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 5%
from 2022
From $157k in 2022 to $150k in 2023.
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.
Chief Executive Officer pay fell 5% from 2022 to 2023, while revenue rose 373%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC
What does the Chief Executive Officer of FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC earn?
In 2023, the Chief Executive Officer of FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC received $150,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Maryland, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Maryland, the 2023 pay of the Chief Executive Officer at FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC falls between the median and the 75th percentile. In 2023, the highest total compensation at FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC's revenue and expenses?
In 2023, FREDERICK INNOVATIVE TECHNOLOGY CENTER I INC reported $7.8M in total revenue and $1.8M in total expenses on its IRS Form 990.
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