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Filing year 2024

INSTITUTE CAPITAL INC

Durham, North Carolina·EIN 56-2142717·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.3M
Total assets
$41.3M
Total expenses
$2.5M
Reported officers
10
Mission

INSTITUTE CAPITAL, INC. IS A NOT-FOR-PROFIT ORGANIZATION WHOSE PURPOSE IS TO DEVELOP AND/OR PRESERVE AFFORDABLE HOUSING, ENCOURAGE AND STIMULATE COMMUNITY AND ECONOMIC DEVELOPMENT, AND EXPAND ECONOMIC OPPORTUNITIES AND PROVIDE FINANCING FOR COMMUNITY DEVELOPMENT. INSTITUTE CAPITAL INC. IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. DEPARTMENT OF THE TREASURY AND IS SUPPORTED PRIMARILY BY GOVERNMENT GRANTS AND INCOME FROM LOANS. THE ORGANIZATION'S INVESTMENT AREA INCLUDES NORTH CAROLINA, SOUTH CAROLINA, VIRGINIA, WEST VIRGINIA, KENTUCKY, AND THE DC METRO AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

President/ceo
Median to 75th percentilevs Community Improvement & Capacity Building peers in North Carolina
$108k
$114k
Base
$92k
Bonus
Other
Benefits
$10k
V.p. of Finance
Highest Compensated Employee
Below 10th percentile
$23k
$24k
Senior VP Operations
Senior Vice President
Below 10th percentile
$22k
$23k

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 7 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 INSTITUTE CAPITAL INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
4%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $15k in 2023 to $108k in 2024.

$15k
2023
$108k
2024
In today's dollarsEst.
Up 611% in real terms$16k to $114k

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.

Pay for the position

Chief Executive Officer pay rose 632% from 2023 to 2024, while revenue fell 47%.

$15k in 2023 to $108k in 2024.
  • Highest Compensated Employee pay rose 83% from 2023 to 2024.
  • Senior Vice President pay rose 73% 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 INSTITUTE CAPITAL INC

What does the Chief Executive Officer of INSTITUTE CAPITAL INC earn?

In 2024, the Chief Executive Officer of INSTITUTE CAPITAL INC received $107,685 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSTITUTE CAPITAL INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2024 pay of the Chief Executive Officer at INSTITUTE CAPITAL INC falls between the median and the 75th percentile. In 2024, the highest total compensation at INSTITUTE CAPITAL INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are INSTITUTE CAPITAL INC's revenue and expenses?

In 2024, INSTITUTE CAPITAL INC reported $3.3M in total revenue and $2.5M in total expenses on its IRS Form 990.

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