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.
- Base
- $291k
- Bonus
- $108k
- Other
- —
- Benefits
- $30k
- Base
- $213k
- Bonus
- $57k
- Other
- —
- Benefits
- $14k
- Base
- $197k
- Bonus
- $45k
- Other
- —
- Benefits
- $31k
- Base
- $118k
- Bonus
- $35k
- Other
- —
- Benefits
- $19k
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- —
- Base
- $110k
- Bonus
- $31k
- Other
- —
- Benefits
- $2k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & 75th to 90th percentilevs Community Improvement & Capacity Building peers in Virginia | $291k | $108k | — | $30k | $458k $500k |
Key Employee 75th to 90th percentile | $213k | $57k | — | $14k | $304k $332k |
Key Employee 75th to 90th percentile | $197k | $45k | — | $31k | $292k $319k |
Secretary/tr 75th to 90th percentile | $118k | $35k | — | $19k | $183k $200k |
Former Key E Former Officer/director/trustee Median to 75th percentile | $180k | — | — | — | $180k $197k |
Highest Cmp Highest Compensated Employee 25th percentile to medianvs Community Improvement & Capacity Building peers in Virginia | $110k | $31k | — | $2k | $154k $168k |
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 →
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%.
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.
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 fell 30% from 2022 to 2023, while revenue rose 9%.
- 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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
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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