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.
- Base
- $360k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $221k
- Bonus
- —
- Other
- —
- Benefits
- $8k
- Base
- $192k
- Bonus
- $5k
- Other
- —
- Benefits
- $1k
- Base
- $152k
- Bonus
- $15k
- Other
- —
- Benefits
- $24k
- Base
- $157k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $146k
- Bonus
- —
- Other
- —
- Benefits
- $8k
- Base
- $131k
- Bonus
- $5k
- Other
- —
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Chief Executive Officer Above 90th percentile | $360k | — | — | — | $373k $398k |
Sr. VP of Research Board Vice President Above 90th percentilevs Housing & Shelter peers nationwide | $221k | — | — | $8k | $239k $255k |
Chief Financial Officer Above 90th percentile | $192k | $5k | — | $1k | $206k $220k |
Development Director Above 90th percentilevs Housing & Shelter peers nationwide | $152k | $15k | — | $24k | $199k $212k |
Senior Director (until 11/1/24) Highest Compensated Employee Median to 75th percentile | $157k | — | — | — | $161k $172k |
Program Director Director (Operational) 75th to 90th percentilevs Housing & Shelter peers nationwide | $146k | — | — | $8k | $160k $171k |
Director of Talent & Culture Highest Compensated Employee Median to 75th percentile | $131k | $5k | — | $15k | $158k $168k |
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.
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%.
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.
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.
Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 9%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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