THE CORPORATION IS IS ORGANIZED TO RECORD, MAKE STUDIES, TEACH AND EXPLORE THE HISTORY OF THE TEXTILE INDUSTRY IN NORTH ALABAMA. TO PROMOTE AND ADVANCE THE PURPOSES AND OBJECTIVES OF THE CORPORATION, TO RAISE FUNDS AND SUPPORT.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Education organizations in Alabama.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $85k $91k |
Director Director (Operational) 25th percentile to medianvs Education peers nationwide | $77k $82k |
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 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at PROJECT THREADWAYS INC equaled 6% 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 29%
from 2023
From $66k in 2023 to $85k 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.
Director (Operational) pay rose 832% from 2023 to 2024, while revenue rose 738%.
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 PROJECT THREADWAYS INC
What does the Chief Executive Officer of PROJECT THREADWAYS INC earn?
In 2024, the Chief Executive Officer of PROJECT THREADWAYS INC received $85,366 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Alabama, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at PROJECT THREADWAYS INC compare with similar nonprofits?
Compared with the same role at Education organizations in Alabama, the 2024 pay of the Chief Executive Officer at PROJECT THREADWAYS INC falls between the median and the 75th percentile. In 2024, the highest total compensation at PROJECT THREADWAYS INC equaled 6% of the organization's total expenses. The median for education organizations is 7%.
What are PROJECT THREADWAYS INC's revenue and expenses?
In 2024, PROJECT THREADWAYS INC reported $2M in total revenue and $1.4M in total expenses on its IRS Form 990.
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