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Filing year 2024

OLD MONTEREY BUSINESS ASSOCIATION

Monterey, California·EIN 77-0097315·501(c)(4)

OLD MONTEREY BUSINESS ASSOCIATION's highest-paid officer, the Executive Di, was reported at $82,292 for 2024 (IRS Form 990), including base pay and other compensation. Reported CEO pay ranged from $77,292 to $82,292 between 2023 and 2024.

Total revenue
$362k
Total assets
$337k
Total expenses
$352k
Reported officers
16
Mission

THE ASSOCIATION PROMOTES THE CENTRAL COMMERCIAL CORE OF MONTEREY TO MAKE VISITORS AND RESIDENTS AWARE OF THE RICH HISTORY OF THE CITY. MONTEREY WAS THE FIRST CAPITOL OF CALIFORNIA AND ITS OLDEST BUILDINGS DISPLAY THE ARCHITECTURE OF EARLY CALIFORNIA, BEFORE IT BECAME A STATE, AND ARE FULLY INCORPORATED INTO THE DOWNTOWN AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Di
25th percentile to median
$82k

Plus 15 unpaid individuals.

Up 6%
from 2023

From $77k in 2023 to $82k in 2024.

$77k
2023
$82k
2024
Pay for the position

Chief Executive Officer pay rose 6% from 2023 to 2024, while revenue rose 2%.

$77k in 2023 to $82k in 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.
Financial trend

Revenue and expenses over time

OLD MONTEREY BUSINESS ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$356k
$307k
2023
$362k
$352k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about OLD MONTEREY BUSINESS ASSOCIATION

What does the Chief Executive Officer of OLD MONTEREY BUSINESS ASSOCIATION earn?

In 2024, the Chief Executive Officer of OLD MONTEREY BUSINESS ASSOCIATION received $82,292 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at OLD MONTEREY BUSINESS ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at OLD MONTEREY BUSINESS ASSOCIATION falls between the 25th percentile and the median.

What are OLD MONTEREY BUSINESS ASSOCIATION's revenue and expenses?

In 2024, OLD MONTEREY BUSINESS ASSOCIATION reported $362k in total revenue and $352k in total expenses on its IRS Form 990.

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