THE PURPOSE OF THIS CORPORATION IS TO DEVELOP, IMPLEMENT, MANAGE, OPERATE, ENHANCE AND PROMOTE THE GENERAL WELFARE OF THE PEOPLE WITHIN THE DESIGNATED NEWMARKET BUSINESS IMPROVEMENT DISTRICT, THROUGH ACTIVITIES, PROGRAMS, AND SERVICES TO INCLUDE BUT NOT BE LIMITED TO MARKETING, MAINTENANCE, SECURITY, PLANNING AND PHYSICAL IMPROVEMENTS TO THE DISTRICT ALL BEING SUPPLEMENTAL TO THOSE PROVIDED BY THE CITY OF BOSTON.
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 Community Improvement & Capacity Building organizations in Massachusetts.
- Base
- $127k
- Bonus
- $25k
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/clerk Median to 75th percentile | $127k | $25k | — | — | $153k $169k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 26 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC equaled 4% 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.
Up 33%
from 2022
From $115k in 2022 to $153k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 33% from 2022 to 2023, while revenue rose 3%.
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 NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC
What does the Chief Executive Officer of NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC earn?
In 2023, the Chief Executive Officer of NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC received $153,171 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC falls between the median and the 75th percentile. In 2023, the highest total compensation at NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC's revenue and expenses?
In 2023, NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC reported $3.7M in total revenue and $3.6M in total expenses on its IRS Form 990.
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