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Filing year 2024

New Hanover Community Endowment Inc

Wilmington, North Carolina·EIN 85-3563370·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$111.7M
Total assets
$1.5B
Total expenses
$73.8M
Reported officers
24
Mission

To improve the health, education, safety, and economic opportunity of every person in our community.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

President (until 02/28/24)
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in North Carolina
$401k
$425k
Base
$36k
Bonus
Other
$350k
Benefits
$14k
Vice President (until 10/15/24)
Vice President
Above 90th percentile
$255k
$271k
Base
$206k
Bonus
Other
$16k
Benefits
$24k
Treasurer
75th to 90th percentile
$235k
$249k
Base
$205k
Bonus
Other
$5k
Benefits
$16k
Director of Learning
Highest Compensated Employee
Median to 75th percentile
$171k
$181k
Base
$143k
Bonus
Other
$5k
Benefits
$17k
Network Officer
Highest Compensated Employee
25th percentile to median
$143k
$152k
Network Officer
Highest Compensated Employee
25th percentile to median
$136k
$144k
Director of Communications
Director (Operational)
Median to 75th percentile
$135k
$143k
President
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in North Carolina
$89k
$95k

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 16 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at New Hanover Community Endowment Inc equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.5%
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.

Down 7%
from 2023

From $432k in 2023 to $401k in 2024.

$432k
2023
$401k
2024
In today's dollarsEst.
Down 10% in real terms$472k to $425k

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 7% from 2023 to 2024, while revenue rose 53%.

$432k in 2023 to $401k in 2024.
  • Vice President pay fell 7% from 2023 to 2024.
  • Chief Financial Officer pay rose 9% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 New Hanover Community Endowment Inc

What does the Chief Executive Officer of New Hanover Community Endowment Inc earn?

In 2024, the Chief Executive Officer of New Hanover Community Endowment Inc received $400,586 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at New Hanover Community Endowment Inc compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in North Carolina, the 2024 pay of the Chief Executive Officer at New Hanover Community Endowment Inc falls in the top 10%. In 2024, the highest total compensation at New Hanover Community Endowment Inc equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are New Hanover Community Endowment Inc's revenue and expenses?

In 2024, New Hanover Community Endowment Inc reported $111.7M in total revenue and $73.8M in total expenses on its IRS Form 990.

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