THE MISSION OF THE ORGANIZATION IS TO SERVE LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS IN THE CITY OF OAKLAND, CALIF. BY PROMOTING ECONOMIC DEVELOPMENT AND JOB CREATION IN THOSE COMMUNITIES BY UTILIZING THE NEW MARKET TAX CREDIT PROGRAM (IRC 45D).
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in California.
| Position | Total |
|---|---|
President Median to 75th percentile | $146k |
Director Board Member Above 90th percentile | $137k |
Director Board Member 75th to 90th percentile | $127k |
Director Board Member 75th to 90th percentile | $124k |
Treasurer Median to 75th percentile | $121k |
Secretary Secretary (Operational) Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide | $105k |
Former President Below 10th percentile | $23k |
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at OAKLAND RENAISSANCE NMTC INC equaled 52% 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 32%
from 2022
From $111k in 2022 to $146k in 2023.
Chief Executive Officer pay rose 36% from 2022 to 2023, while revenue fell 23%.
- Board Member pay rose 24% from 2022 to 2023.
- Chief Financial Officer pay rose 34% from 2022 to 2023.
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 OAKLAND RENAISSANCE NMTC INC
What does the Chief Executive Officer of OAKLAND RENAISSANCE NMTC INC earn?
In 2023, the Chief Executive Officer of OAKLAND RENAISSANCE NMTC INC received $145,905 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at OAKLAND RENAISSANCE NMTC INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in California, the 2023 pay of the Chief Executive Officer at OAKLAND RENAISSANCE NMTC INC falls between the median and the 75th percentile. In 2023, the highest total compensation at OAKLAND RENAISSANCE NMTC INC equaled 52% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are OAKLAND RENAISSANCE NMTC INC's revenue and expenses?
In 2023, OAKLAND RENAISSANCE NMTC INC reported $100k in total revenue and $283k in total expenses on its IRS Form 990.
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