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Filing year 2023

PALACIOS MARINE AGRICULTURAL RESEARCH INC

Corpus Christi, Texas·EIN 84-5079866·NTEE U21 · Science & Technology·501(c)(3)
Total revenue
$3.2M
Total assets
$4.3M
Total expenses
$2.9M
Reported officers
11

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

Former Executive Director
Former Officer/director/trustee
75th to 90th percentilevs all sectors nationwide
$222k
$243k
Base
$222k
Bonus
Other
Benefits
Director of Operat.
Highest Compensated Employee
10th to 25th percentile
$144k
$157k
Director
Board Member
75th to 90th percentile
$138k
$151k
Chief Executive Officer
25th percentile to median
$116k
$127k

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 7 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at PALACIOS MARINE AGRICULTURAL RESEARCH INC equaled 8% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
8%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 3%
from 2022

From $215k in 2022 to $222k in 2023.

$215k
2022
$222k
2023
In today's dollarsEst.
Down 1% in real terms$245k to $243k

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

Highest Compensated Employee pay rose 3% from 2022 to 2023, while revenue rose 22%.

$140k in 2022 to $144k in 2023.
  • Board Member pay rose 23% from 2022 to 2023.
  • Chief Executive Officer pay fell 46% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 PALACIOS MARINE AGRICULTURAL RESEARCH INC

What does the Former Officer/director/trustee of PALACIOS MARINE AGRICULTURAL RESEARCH INC earn?

In 2023, the Former Officer/director/trustee of PALACIOS MARINE AGRICULTURAL RESEARCH INC received $222,078 in total compensation. This pay is in the top quarter for Former Officer/director/trustee roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Former Officer/director/trustee pay at PALACIOS MARINE AGRICULTURAL RESEARCH INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Former Officer/director/trustee at PALACIOS MARINE AGRICULTURAL RESEARCH INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at PALACIOS MARINE AGRICULTURAL RESEARCH INC equaled 8% of the organization's total expenses. The median for science & technology organizations is 9%.

What are PALACIOS MARINE AGRICULTURAL RESEARCH INC's revenue and expenses?

In 2023, PALACIOS MARINE AGRICULTURAL RESEARCH INC reported $3.2M in total revenue and $2.9M in total expenses on its IRS Form 990.

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