THE MISSION OF THE HAMPTON ROADS ECONCOMIC DEVELOPMENT ALLIANCE IS BUSINESS ATTRACTION--MARKETING VIRGINIA'S HAMPTON ROADS REGION AS THE PREFERRED LOCATION FOR BUSINESS INVESTMENT AND EXPANSION. ALL HREDA INITIATIVES ARE DESIGNED TO SECURE VISITS WITH QUALIFIED BUSINESS PROSPECTS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.
- Base
- $327k
- Bonus
- $64k
- Other
- $13k
- Benefits
- $40k
- Base
- $183k
- Bonus
- —
- Other
- $4k
- Benefits
- $16k
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- $14k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & Above 90th percentile | $327k | $64k | $13k | $40k | $488k $533k |
Chief Bus. D Officer (Unspecified) | $183k | — | $4k | $16k | $205k $224k |
COO Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide | $153k | — | — | $14k | $167k $182k |
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.
Plus 19 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE
What does the Chief Executive Officer of HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE earn?
In 2023, the Chief Executive Officer of HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE received $487,638 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2023 pay of the Chief Executive Officer at HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE falls in the top 10%. In 2023, the highest total compensation at HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE's revenue and expenses?
In 2023, HAMPTON ROADS ECONOMIC DEVELOPMENT ALLIANCE reported $3.6M in total revenue and $4.1M in total expenses on its IRS Form 990.
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