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Filing year 2024

INNOVATION CONNECTOR INC

Muncie, Indiana·EIN 35-2216589·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1M
Total assets
$2.7M
Total expenses
$884k
Reported officers
11
Mission

TO BE EAST CENTRAL INDIANA'S PRIMARY SPONSOR BRINGING IN TECHNOLOGICAL FIRMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Indiana.

Executive Director
75th to 90th percentile
$184k
$198k
Base
$115k
Bonus
$10k
Other
$52k
Benefits
Employee
Highest Compensated Employee
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$133k
$143k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at INNOVATION CONNECTOR INC equaled 21% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
21%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 24%
over 2 years

From $148k in 2022 to $184k in 2024.

$148k
2022
$177k
2023
$184k
2024
In today's dollarsEst.
Up 16% in real terms$170k to $198k

Estimated with BLS CPI-U for the Midwest region, 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 24% from 2022 to 2024, while revenue rose 34%.

$148k in 2022 to $184k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 INNOVATION CONNECTOR INC

What does the Chief Executive Officer of INNOVATION CONNECTOR INC earn?

In 2024, the Chief Executive Officer of INNOVATION CONNECTOR INC received $183,655 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INNOVATION CONNECTOR INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2024 pay of the Chief Executive Officer at INNOVATION CONNECTOR INC falls between the 75th and 90th percentiles. In 2024, the highest total compensation at INNOVATION CONNECTOR INC equaled 21% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are INNOVATION CONNECTOR INC's revenue and expenses?

In 2024, INNOVATION CONNECTOR INC reported $1M in total revenue and $884k in total expenses on its IRS Form 990.

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