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Filing year 2023

NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC

Beaver, West Virginia·EIN 55-0677640·501(c)(3)
Total revenue
$431k
Total assets
$4.2M
Total expenses
$375k
Reported officers
12
Mission

THE FOUNDAITON'S PURPOSE IS TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER WAY THE WORK AND SERVICES OF NEW RIVER COMMUNITY AND TECHNICAL COLLEGE, AN AGENCY OF THE STATE OF WEST VIGINIA. THE ORGANZATION IS OPERATED TO RECEIVE, HOLD, INVEST, AND ADMINSTER PROPERTY AND TO MAKE EXPENDITURES FOR THE BENEFIT OF NEW RIVER COMMUNITY & TECHNICAL COLLEGE AND ITS STUDENTS AND STAFF.

Executive compensation, broken down

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 nonprofits nationwide, across all sectors.

Executive Di
25th percentile to median
$49k
$53k
Base
$42k
Bonus
Other
Benefits

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 11 unpaid individuals.

Funded by

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

Up 21%
from 2022

From $40k in 2022 to $49k in 2023.

$40k
2022
$49k
2023
In today's dollarsEst.
Up 16% in real terms$46k to $53k

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 rose 21% from 2022 to 2023, while revenue fell 3%.

$40k in 2022 to $49k 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.
Financial trend

Revenue and expenses over time

NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$447k
$187k
2022
$431k
$375k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC

What does the Chief Executive Officer of NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC earn?

In 2023, the Chief Executive Officer of NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC received $48,724 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC falls between the 25th percentile and the median.

What are NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC's revenue and expenses?

In 2023, NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION INC reported $431k in total revenue and $375k in total expenses on its IRS Form 990.

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