THE CORPORATION SHALL SUPPORT THE DEVELOPMENT, MASTER-PLANNING, PROGRAMMING, BRANDING AND MARKETING, PUBLIC AWARENESS, COMMUNITY-BUILDING AND ECONOMIC GROWTH OF THE NORFOLK INNOVATION CORRIDOR OF NORFOLK, VIRGINIA.
Executive compensation
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 Virginia.
| Position | Total |
|---|---|
Executive Di Below 10th percentile | $20k $22k |
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 52 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at NORFOLK INNOVATION CORRIDOR equaled 11% 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.
Down 27%
from 2022
From $27k in 2022 to $20k in 2023.
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.
Chief Executive Officer pay fell 27% from 2022 to 2023, while revenue rose 29%.
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 NORFOLK INNOVATION CORRIDOR
What does the Chief Executive Officer of NORFOLK INNOVATION CORRIDOR earn?
In 2023, the Chief Executive Officer of NORFOLK INNOVATION CORRIDOR received $20,000 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NORFOLK INNOVATION CORRIDOR compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2023 pay of the Chief Executive Officer at NORFOLK INNOVATION CORRIDOR falls in the bottom 10%. In 2023, the highest total compensation at NORFOLK INNOVATION CORRIDOR equaled 11% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are NORFOLK INNOVATION CORRIDOR's revenue and expenses?
In 2023, NORFOLK INNOVATION CORRIDOR reported $222k in total revenue and $188k in total expenses on its IRS Form 990.
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