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Filing year 2023

INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC

Clearwater, Florida·EIN 90-0348486·NTEE S40 · Community Improvement & Capacity Building·3
Total revenue
-$31k
Total assets
$12.7M
Total expenses
$1.5M
Reported officers
5
Mission

THE INSTITUTE'S MISSION IS ECONOMIC DEVELOPMENT THROUGH THE COMMERCIALIZATION AND FUNDING OF NEW DISCOVERIES GENERATED FROM FLORIDA INNOVATION BUSINESSES. SUCCESS IS MEASURED BY THE NUMBER OF NEW VENTURES AND JOBS THAT ARE CREATED, AND THE AMOUNT OF CAPITAL COMPANIES RAISE.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

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

Executive Di
Median to 75th percentile
$90k
$97k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Tampa-St. Petersburg-Clearwater, FL metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
6%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $90k in 2022 to $90k in 2023.

$90k
2022
$90k
2023
In today's dollarsEst.
Down 6% in real terms$104k to $97k

Estimated with Tampa-St. Petersburg-Clearwater, FL 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 held roughly steady from 2022 to 2023.

$90k in 2022 to $90k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

What Community Improvement & Capacity Building executives earn in Florida

Comparable community improvement & capacity building organizations in Florida pay their highest-earning executive a median of $55,000.

25th percentile
$29k
Median
$55,000
75th percentile
$125k
90th percentile
$233k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 77 organizations across 77 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Florida
FAQ

Common questions about INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC

What does the Chief Executive Officer of INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC earn?

In 2023, the Chief Executive Officer of INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC received $90,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Florida, the 2023 pay of the Chief Executive Officer at INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC falls between the median and the 75th percentile. In 2023, the highest total compensation at INSTITUTE FOR COMMERCIALIZATION OF FLORIDA TECHNOLOGY INC equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

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