RAI IS A DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO HOLD TITLE FOR REAL PROPERTY FOR ANOTHER TAX-EXEMPT ORGANIZATION.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in North Carolina.
| Position | Total |
|---|---|
CEO 10th to 25th percentile | $31k $34k |
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 3 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at RAI DEVELOPMENT CORPORATION equaled 26% 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 25%
from 2022
From $25k in 2022 to $31k in 2023.
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.
Chief Executive Officer pay rose 25% from 2022 to 2023, while revenue fell 25%.
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 RAI DEVELOPMENT CORPORATION
What does the Chief Executive Officer of RAI DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of RAI DEVELOPMENT CORPORATION received $31,378 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at RAI DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2023 pay of the Chief Executive Officer at RAI DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at RAI DEVELOPMENT CORPORATION equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are RAI DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, RAI DEVELOPMENT CORPORATION reported $84k in total revenue and $122k in total expenses on its IRS Form 990.
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