Executive compensation
Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
Pres/dir Unclassified | $340k $361k |
Chairman of the Board Board Chair Above 90th percentile | $240k $255k |
Vice Pres/dir Unclassified | $165k $175k |
Director Unclassified | $15k $16k |
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.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at HAMICO INC equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Grants paid
Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.
Total granted
$1.8M
Itemized grants
51
Median grant
$10k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| CHI MEMORIAL FOUNDATION | CHATTANOOGA, TN | DONATION | $315k |
| BAYLOR SCHOOL | CHATTANOOGA, TN | DONATION | $277k |
| UNITED WAY OF GREATER CHATTANOOGA | CHATTANOOGA, TN | DONATION | $207k |
| UCF HONORS COLLEGE SCHOLARSHIP | CHATTANOOGA, TN | DONATION | $150k |
| CHATTANOOGA CHRISTIAN SCHOOL | CHATTANOOGA, TN | DONATION | $134k |
| BOYS & GIRLS CLUB OF CHATTANOOGA | CHATTANOOGA, TN | DONATION | $80k |
| ON POINT | CHATTANOOGA, TN | DONATION | $78k |
| CHATTANOOGA AREA FOODBANK | CHATTANOOGA, TN | DONATION | $55k |
| ST PETER'S EPISCOPAL SCHOOL | CHATTANOOGA, TN | DONATION | $51k |
| CHILDREN'S ADVOCACY CENTER | CHATTANOOGA, TN | DONATION | $50k |
| LAPAZ CHATTANOOGA | CHATTANOOGA, TN | DONATION | $50k |
| HUMANE EDUCATIONAL SOCIETY | CHATTANOOGA, TN | DONATION | $40k |
| CHATTANOOGA 20 | CHATTANOOGA, TN | DONATION | $35k |
| HABITAT FOR HUMANITY | CHATTANOOGA, TN | DONATION | $30k |
| NORMAL PARK SPARK | CHATTANOOGA, TN | DONATION | $25k |
| PUBLIC EDUCATION FOUNDATION | CHATTANOOGA, TN | DONATION | $25k |
| SISKIN HOSPITAL FOR PHYS REHABILITATION | CHATTANOOGA, TN | DONATION | $25k |
| GIRLS INC | OAK RIDGE, TN | DONATION | $20k |
| A STEP AHEAD FOUNDATION | CHATTANOOGA, TN | DONATION | $20k |
| MAKE A WISH | CHATTANOOGA, TN | DONATION | $17k |
| JUNIOR LEAGUE OF CHATTANOOGA | CHATTANOOGA, TN | DONATION | $15k |
| THE PURSUIT OF HAPPINESS | CHATTANOOGA, TN | DONATION | $15k |
| ARTS BUILD | CHATTANOOGA, TN | DONATION | $13k |
| AUSTIN HATCHER FOUNDATION | CHATTANOOGA, TN | DONATION | $10k |
| SISKIN CHILDREN'S INSTITUTE | CHATTANOOGA, TN | DONATION | $10k |
Up 14%
from 2023
From $298k in 2023 to $340k in 2024.
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.
Board Chair pay rose 60% from 2023 to 2024, while revenue fell 5%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HAMICO INC
What does the Board Chair of HAMICO INC earn?
In 2024, the Board Chair of HAMICO INC received $240,000 in total compensation. This pay is in the top 10% for Board Chair roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Chair pay at HAMICO INC compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board Chair at HAMICO INC falls in the top 10%. In 2024, the highest total compensation at HAMICO INC equaled 9% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are HAMICO INC's revenue and expenses?
In 2024, HAMICO INC reported $4.3M in total revenue and $4M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.
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