TO EXPAND THE TAX BASE AND PROVIDE JOBS FOR THE MARTINSVILLE/HENRY COUNTY BY ENCOURAGING EXPANSION OF LOCAL BUSINESSES AND INDUSTRIES AND BY RECRUITING NEW BUSINESSES TO LOCATE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.
- Base
- $272k
- Bonus
- $30k
- Other
- $12k
- Benefits
- $18k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $272k | $30k | $12k | $18k | $368k $391k |
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 8 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP 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 15%
from 2023
From $321k in 2023 to $368k in 2024.
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.
Chief Executive Officer pay rose 15% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
What Community Improvement & Capacity Building executives earn in Virginia
Comparable community improvement & capacity building organizations in Virginia pay their highest-earning executive a median of $110,738.
These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 335 organizations across 335 filings (2021 – 2024).
See full Community Improvement & Capacity Building pay data for Virginia →Common questions about MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP
What does the Chief Executive Officer of MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP earn?
In 2024, the Chief Executive Officer of MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP received $368,464 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2024 pay of the Chief Executive Officer at MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP falls between the 75th and 90th percentiles. In 2024, the highest total compensation at MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP equaled 15% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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