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Filing year 2023

MIAMI RIVER FUND INC

Miami, Florida·EIN 65-0867648·NTEE T113 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.4M
Total assets
$777k
Total expenses
$1.4M
Reported officers
6
Mission

THE MIAMI RIVER COMMISSION WAS CREATED BY STATE OF FLORIDA LEGISLATION AS THE OFFICIAL CLEARINGHOUSE FOR ALL PUBLIC POLICY AND PROJECTS RELATED TO THE MIAMI RIVER AND TO UNITE ALL GOVERNMENTAL AGENCIES, BUSINESSES AND RESIDENTS IN THE AREA TO SPEAK WITH ONE VOICE ON RIVER ISSUES. THE COMMISSION IS TO ASSIST IN THE DEVELOPMENT OF PLANS, PROGRAMS, PROJECTS AND BUDGETS THAT MIGHT SUBSTANTIALLY IMPROVE THE RIVER AREA. THE COMMISSION IS THE PRINCIPLE ADVOCATE AND WATCHDOG TO ENSURE THAT RIVER PROJECTS ARE FUNDED AND IMPLEMENTED IN A PROPER AND TIMELY MANNER.THE MIAMI RIVER FUND, INC. WAS ESTABLISHED TO BE THE FINANCIAL ARM OF THE MIAMI RIVER COMMISSION IN ORDER TO RECEIVE GOVERNMENTAL AND PRIVATE GRANTS TO FURTHER THE SUBSTANTIAL IMPROVEMENT OF THE MIAMI RIVER.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida.

Executive Di
Median to 75th percentile
$112k
$124k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MIAMI RIVER FUND INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
8%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 8%
from 2022

From $104k in 2022 to $112k in 2023.

$104k
2022
$112k
2023
In today's dollarsEst.
Roughly flat in real terms$123k to $124k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue rose 70%.

$104k in 2022 to $112k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MIAMI RIVER FUND INC

What does the Chief Executive Officer of MIAMI RIVER FUND INC earn?

In 2023, the Chief Executive Officer of MIAMI RIVER FUND INC received $112,257 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Florida, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MIAMI RIVER FUND INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Florida, the 2023 pay of the Chief Executive Officer at MIAMI RIVER FUND INC falls between the median and the 75th percentile. In 2023, the highest total compensation at MIAMI RIVER FUND INC equaled 8% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MIAMI RIVER FUND INC's revenue and expenses?

In 2023, MIAMI RIVER FUND INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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