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Filing year 2023

MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION

South Boston, Virginia·EIN 27-0076588·NTEE S32 · Community Improvement & Capacity Building·501(c)(4)
Total revenue
$19M
Total assets
$143.4M
Total expenses
$19.9M
Reported officers
23
Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO PROMOTING ECONOMIC DEVELOPMENT, LESSENING THE BURDENS OF GOVERNMENT, AND REVITALIZING ECONOMICALLY DISTRESSED RURAL AREAS BY CONSTRUCTION AND OPERATING A PUBLICLY FUNDED FIBER-OPTIC NETWORK FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA. ADDITIONALLY, THE CORPORATION IS BRIDGING THE DIGITAL DIVIDE IN RURAL AREAS WHERE COMMERCIAL PROVIDERS HAVE NOT FOUND IT TO BE ECONOMICALLY FEASIBLE TO INVEST.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2023

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

President &
75th to 90th percentilevs Community Improvement & Capacity Building peers in Virginia
$458k
$500k
Base
$291k
Bonus
$108k
Other
Benefits
$30k
Key Employee
75th to 90th percentile
$304k
$332k
Base
$213k
Bonus
$57k
Other
Benefits
$14k
Key Employee
75th to 90th percentile
$292k
$319k
Base
$197k
Bonus
$45k
Other
Benefits
$31k
Secretary/tr
75th to 90th percentile
$183k
$200k
Base
$118k
Bonus
$35k
Other
Benefits
$19k
Former Key E
Former Officer/director/trustee
Median to 75th percentile
$180k
$197k
Base
$180k
Bonus
Other
Benefits
Highest Cmp
Highest Compensated Employee
25th percentile to medianvs Community Improvement & Capacity Building peers in Virginia
$154k
$168k
Base
$110k
Bonus
$31k
Other
Benefits
$2k
Director
Highest Compensated Employee
25th percentile to medianvs Community Improvement & Capacity Building peers in Virginia
$133k
$145k
Director
Highest Compensated Employee
25th percentile to medianvs Community Improvement & Capacity Building peers in Virginia
$130k
$142k
Highest Cmp
Highest Compensated Employee
10th to 25th percentilevs Community Improvement & Capacity Building peers in Virginia
$120k
$131k
Highest Cmp
Highest Compensated Employee
10th to 25th percentilevs Community Improvement & Capacity Building peers in Virginia
$104k
$114k
Director, Ch
Officer (Unspecified)
$20k
$22k
Director, Vi
Officer (Unspecified)
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$16k
$17k
Director
Board Member
25th percentile to median
$13k
$14k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$11k
$12k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
10th to 25th percentile
$6k
$7k

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.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
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.

Down 30%
from 2022

From $653k in 2022 to $458k in 2023.

$653k
2022
$458k
2023
In today's dollarsEst.
Down 33% in real terms$745k to $500k

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 fell 30% from 2022 to 2023, while revenue rose 9%.

$653k in 2022 to $458k in 2023.
  • Key Employee pay fell 37% from 2022 to 2023.
  • Chief Financial Officer pay rose 25% from 2022 to 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 MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION

What does the Chief Executive Officer of MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION earn?

In 2023, the Chief Executive Officer of MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION received $457,513 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 MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2023 pay of the Chief Executive Officer at MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION's revenue and expenses?

In 2023, MID-ATLANTIC BROADBAND COMMUNITIES CORPORATION reported $19M in total revenue and $19.9M in total expenses on its IRS Form 990.

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