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Filing year 2023

NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT

Durham, North Carolina·EIN 56-1579041·501(c)(3)
Total revenue
$12.2M
Total assets
$18.8M
Total expenses
$7.8M
Reported officers
19
Mission

TO STRENGTHEN THE ASSET BASE OF DIVERSE POPULATIONS THROUGH POLICY, EDUCATION AND ECONOMIC OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/ceo
75th to 90th percentile
$197k
$215k
Base
$182k
Bonus
Other
Benefits
$9k
Chief Op Officer
Officer (Unspecified)
$139k
$152k
VP of Finance
Board Vice President
Median to 75th percentile
$130k
$142k
Senior VP Operations
Senior Vice President
25th percentile to median
$128k
$140k
Director
Highest Compensated Employee
Below 10th percentile
$101k
$110k
Chief Financial Offi
Officer (Unspecified)
$60k
$65k

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 13 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

FAQ

Common questions about NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT

What does the Chief Executive Officer of NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT earn?

In 2023, the Chief Executive Officer of NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT received $196,629 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT falls between the 75th and 90th percentiles.

What are NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT's revenue and expenses?

In 2023, NATIONAL INSTITUTE OF MINORITY ECONOMIC DEVELOPMENT reported $12.2M in total revenue and $7.8M in total expenses on its IRS Form 990.

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