TO PROVIDE FINANCIAL SUPPORT TO NORFOLK STATE UNIVERSITY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $153k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director Median to 75th percentile | $153k | — | — | — | $153k $162k |
Director - Non-voting Board Member 10th to 25th percentile | — | — | — | — | $12k $12k |
Director Board Member 10th to 25th percentile | — | — | — | — | $11k $12k |
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 23 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 11%
from 2023
From $137k in 2023 to $153k in 2024.
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 rose 11% from 2023 to 2024, while revenue rose 71%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY
What does the Chief Executive Officer of NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY earn?
In 2024, the Chief Executive Officer of NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY received $152,672 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Executive Officer at NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY falls between the median and the 75th percentile. In 2024, the highest total compensation at NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY's revenue and expenses?
In 2024, NORFOLK STATE UNIVERSITY FOUNDATION INC AND SUBSIDIARY reported $13.4M in total revenue and $7.1M in total expenses on its IRS Form 990.
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