THE PURPOSE OF THIS NON-PROFIT ORGANIZATION IS TO DEVELOP AND IMPLEMENT WORKFORCE DEVELOPMENT STRATEGIES THAT SUPPORT BUSINESS AND INDUSTRY PRIMARILY IN OUR REGION OF VERMONT (CHITTENDEN COUNTY) AND STATEWIDE. THESE STRATEGIES INCLUDE THE LAUNCHVT INITIATIVE.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
President 10th to 25th percentile | $26k $29k |
VP of Finance Vice President 10th to 25th percentile | $7k $7k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 6 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at LAKE CHAMPLAIN OPPORTUNITY FUND INC equaled 15% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 31%
from 2022
From $20k in 2022 to $26k in 2023.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 31% from 2022 to 2023, while revenue rose 46%.
- Vice President pay fell 8% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAKE CHAMPLAIN OPPORTUNITY FUND INC
What does the Chief Executive Officer of LAKE CHAMPLAIN OPPORTUNITY FUND INC earn?
In 2023, the Chief Executive Officer of LAKE CHAMPLAIN OPPORTUNITY FUND INC received $26,127 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LAKE CHAMPLAIN OPPORTUNITY FUND INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Chief Executive Officer at LAKE CHAMPLAIN OPPORTUNITY FUND INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at LAKE CHAMPLAIN OPPORTUNITY FUND INC equaled 15% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are LAKE CHAMPLAIN OPPORTUNITY FUND INC's revenue and expenses?
In 2023, LAKE CHAMPLAIN OPPORTUNITY FUND INC reported $419k in total revenue and $173k in total expenses on its IRS Form 990.
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