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Filing year 2024

OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION

Norfolk, Virginia·EIN 54-1744996·NTEE Z99Z · Unknown·501(c)(3)
Total revenue
$14.4M
Total assets
$89.4M
Total expenses
$3.7M
Reported officers
17
Mission

THE OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION IS A TAX-EXEMPT, NONPROFIT ORGANIZATION CREATED TO RECEIVE, ADMINISTER AND DISTRIBUTE FUNDS AND PROPERTY EXCLUSIVELY IN FURTHERANCE OF THE EDUCATIONAL ACTIVITIES AND OBJECTIVES OF OLD DOMINION UNIVERSITY.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide.

Ex-officio
Board Member
75th to 90th percentile
$71k
$75k
Executive Director
10th to 25th percentile
$43k
$45k
Assistant Treasurer
25th percentile to median
$38k
$41k
Assistant Secretary
Secretary (Operational)
25th percentile to median
$21k
$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 13 unpaid individuals.

Browse compensation in organizationPage.redesign.benchmarkBuilder.ntee.Z

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION equaled 2% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

This organization (2024)
2%
Sector median
9%
Middle half of sector
4% to 20%

Based on 1,569 organizationpage.redesign.benchmarkbuilder.ntee.z organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 11%
from 2023

From $64k in 2023 to $71k in 2024.

$64k
2023
$71k
2024
In today's dollarsEst.
Up 8% in real terms$70k to $75k

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.

Pay for the position

Board Member pay rose 11% from 2023 to 2024, while revenue rose 207%.

$64k in 2023 to $71k in 2024.
  • Chief Executive Officer pay rose 10% from 2023 to 2024.
  • Chief Financial Officer pay rose 5% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION

What does the Board Member of OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION earn?

In 2024, the Board Member of OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION received $71,094 in total compensation. This pay is in the top quarter for Board Member roles among organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION compare with similar nonprofits?

Compared with the same role at organizationPage.redesign.benchmarkBuilder.ntee.Z organizations nationwide, the 2024 pay of the Board Member at OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION equaled 2% of the organization's total expenses. The median for organizationpage.redesign.benchmarkbuilder.ntee.z organizations is 9%.

What are OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION's revenue and expenses?

In 2024, OLD DOMINION UNIVERSITY REAL ESTATE FOUNDATION reported $14.4M in total revenue and $3.7M in total expenses on its IRS Form 990.

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