SEE SCHEDULE OINNOVATION WORKS' MISSION IS TO INCREASE THE SUCCESS RATE OF THE REGION'S TECHNOLOGY AND TECHNOLOGY ADOPTING COMPANIES THROUGH DIRECT INVESTMENT, BUSINESS ASSISTANCE, AND INFRASTRUCTURE DEVELOPMENT. UNDERLYING IW'S MISSION IS THE BELIEF THAT INNOVATION IS A KEY ENGINE OF GROWTH FOR THE SOUTHWESTERN PENNSYLVANIA REGION. ACTIVITIES UNDERTAKEN BY INNOVATION WORKS IN PURSUIT OF THIS MISSION HAVE RESULTED IN SIGNIFICANT COMMUNITY DEVELOPMENT BENEFITS, INCLUDING CREATION OF JOBS, ATTRACTION OF INVESTMENT, AND INCREASED COMPETITIVE ADVANTAGE FOR COMPANIES LOCATED IN SOUTHWESTERN PENNSYLVANIA.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $396k
- Bonus
- $128k
- Other
- —
- Benefits
- $12k
- Base
- $259k
- Bonus
- $62k
- Other
- $110
- Benefits
- $15k
- Base
- $225k
- Bonus
- $29k
- Other
- —
- Benefits
- $18k
- Base
- $181k
- Bonus
- $50k
- Other
- $606
- Benefits
- $19k
- Base
- $170k
- Bonus
- $47k
- Other
- $572
- Benefits
- $19k
- Base
- $172k
- Bonus
- $35k
- Other
- —
- Benefits
- $23k
- Base
- $167k
- Bonus
- $52k
- Other
- —
- Benefits
- $25k
- Base
- $164k
- Bonus
- $42k
- Other
- $551
- Benefits
- $18k
- Base
- $158k
- Bonus
- $32k
- Other
- $536
- Benefits
- $27k
- Base
- $158k
- Bonus
- $31k
- Other
- $501
- Benefits
- $332
- Base
- $144k
- Bonus
- $26k
- Other
- —
- Benefits
- $329
- Base
- $123k
- Bonus
- $34k
- Other
- $459
- Benefits
- $5k
- Base
- $129k
- Bonus
- $19k
- Other
- $413
- Benefits
- $430
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $396k | $128k | — | $12k | $576k |
Former VP & COO Former Officer/director/trustee 75th to 90th percentile | $259k | $62k | $110 | $15k | $344k |
VP & Csoo Vice President Above 90th percentile | $225k | $29k | — | $18k | $299k |
VP Business Dev. & Treasurer Vice President Above 90th percentile | $181k | $50k | $606 | $19k | $272k |
VP HR & Inclusion Vice President Above 90th percentile | $170k | $47k | $572 | $19k | $257k |
Portfolio Executive Highest Compensated Employee 75th to 90th percentile | $172k | $35k | — | $23k | $252k |
Former President & CEO Former Officer/director/trustee 75th to 90th percentile | $167k | $52k | — | $25k | $246k |
VP of Communication & Community Dev. Vice President Above 90th percentile | $164k | $42k | $551 | $18k | $244k |
Portfolio Executive Highest Compensated Employee 75th to 90th percentile | $158k | $32k | $536 | $27k | $237k |
Sr. Legal Counsel Highest Compensated Employee Median to 75th percentile | $158k | $31k | $501 | $332 | $208k |
Director of Accelerator Programs Highest Compensated Employee Median to 75th percentile | $144k | $26k | — | $329 | $187k |
Secretary & Controller 75th to 90th percentile | $123k | $34k | $459 | $5k | $177k |
Portfolio Executive Highest Compensated Employee 25th percentile to median | $129k | $19k | $413 | $430 | $163k |
Plus 10 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 2%
from 2022
From $566k in 2022 to $576k in 2023.
Chief Executive Officer pay rose 2% from 2022 to 2023, while revenue fell 16%.
- Vice President pay rose 18% from 2022 to 2023.
- Highest Compensated Employee pay rose 3% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
INNOVATION WORKS INC reported revenue and expenses across 2 filing years.
Common questions about INNOVATION WORKS INC
What does the Chief Executive Officer of INNOVATION WORKS INC earn?
In 2023, the Chief Executive Officer of INNOVATION WORKS INC received $576,041 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at INNOVATION WORKS INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at INNOVATION WORKS INC falls in the top 10%.
What are INNOVATION WORKS INC's revenue and expenses?
In 2023, INNOVATION WORKS INC reported $13.2M in total revenue and $16.6M in total expenses on its IRS Form 990.
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