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Filing year 2024

INITIATIVE FOR A COMPETITIVE INNER CITY INC

Roxbury, Massachusetts·EIN 13-3772904·NTEE L50 · Housing & Shelter·501(c)(3)
Total revenue
$9.9M
Total assets
$13.7M
Total expenses
$7.9M
Reported officers
30
Mission

ICIC DRIVES INCLUSIVE ECONOMIC PROSPERITY IN UNDER-RESOURCED COMMUNITIES THROUGH INNOVATIVE RESEARCH AND PROGRAMS TO CREATE JOBS, INCOME, AND WEALTH FOR LOCAL RESIDENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Massachusetts.

Chief Executive Officer
Above 90th percentile
$373k
$398k
Base
$360k
Bonus
Other
Benefits
Sr. VP of Research
Board Vice President
Above 90th percentilevs Housing & Shelter peers nationwide
$239k
$255k
Base
$221k
Bonus
Other
Benefits
$8k
Chief Financial Officer
Above 90th percentile
$206k
$220k
Base
$192k
Bonus
$5k
Other
Benefits
$1k
Development Director
Above 90th percentilevs Housing & Shelter peers nationwide
$199k
$212k
Base
$152k
Bonus
$15k
Other
Benefits
$24k
Senior Director (until 11/1/24)
Highest Compensated Employee
Median to 75th percentile
$161k
$172k
Base
$157k
Bonus
Other
Benefits
Program Director
Director (Operational)
75th to 90th percentilevs Housing & Shelter peers nationwide
$160k
$171k
Base
$146k
Bonus
Other
Benefits
$8k
Director of Talent & Culture
Highest Compensated Employee
Median to 75th percentile
$158k
$168k
Base
$131k
Bonus
$5k
Other
Benefits
$15k
Program Director
Director (Operational)
75th to 90th percentilevs Housing & Shelter peers nationwide
$144k
$154k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INITIATIVE FOR A COMPETITIVE INNER CITY INC equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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.

Up 1%
from 2023

From $369k in 2023 to $373k in 2024.

$369k
2023
$373k
2024
In today's dollarsEst.
Down 2% in real terms$407k to $398k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 9%.

$369k in 2023 to $373k in 2024.
  • Board Vice President pay fell 1% from 2023 to 2024.
  • Chief Financial Officer pay rose 1% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about INITIATIVE FOR A COMPETITIVE INNER CITY INC

What does the Chief Executive Officer of INITIATIVE FOR A COMPETITIVE INNER CITY INC earn?

In 2024, the Chief Executive Officer of INITIATIVE FOR A COMPETITIVE INNER CITY INC received $373,300 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Housing & Shelter organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INITIATIVE FOR A COMPETITIVE INNER CITY INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Massachusetts, the 2024 pay of the Chief Executive Officer at INITIATIVE FOR A COMPETITIVE INNER CITY INC falls in the top 10%. In 2024, the highest total compensation at INITIATIVE FOR A COMPETITIVE INNER CITY INC equaled 5% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are INITIATIVE FOR A COMPETITIVE INNER CITY INC's revenue and expenses?

In 2024, INITIATIVE FOR A COMPETITIVE INNER CITY INC reported $9.9M in total revenue and $7.9M in total expenses on its IRS Form 990.

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