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Filing year 2023

NEWMARKET BUSINESS IMPROVEMENT DISTRICT INC

Boston, Massachusetts·EIN 87-4519402·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.7M
Total assets
$1.2M
Total expenses
$3.6M
Reported officers
27
Mission

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.

President/clerk
Median to 75th percentile
$153k
$169k
Base
$127k
Bonus
$25k
Other
Benefits

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

Pay in context

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%.

This organization (2023)
4%
Sector median
14%
Middle half of sector
6% to 28%

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.

$115k
2022
$153k
2023
In today's dollarsEst.
Up 28% in real terms$132k to $169k

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.

Pay for the position

Chief Executive Officer pay rose 33% from 2022 to 2023, while revenue rose 3%.

$115k in 2022 to $153k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

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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