THE RAPIDLY EMERGING ANTIVIRAL DRUG DEVELOPMENT INITIATIVE (READDI) IS A NONPROFIT BIOTECHNOLOGY ORGANIZATION DEDICATED TO PREVENTING GLOBAL CATASTROPHES CAUSED BY VIRUSES AND A LEADER IN THE THERAPEUTICS PILLAR OF THE 3-PRONGED PANDEMIC PREPAREDNESS AND RESPONSE STRUCTURE OF IPPS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
- Base
- $266k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
CEO 75th to 90th percentile | $266k | — | — | — | $287k $313k |
Executive VP of Business Executive Vice President 25th percentile to medianvs all sectors nationwide | — | — | — | — | $101k $110k |
Board Member Median to 75th percentile | — | — | — | — | $101k $110k |
Board Member Median to 75th percentile | — | — | — | — | $89k $97k |
Board Member Median to 75th percentile | — | — | — | — | $79k $86k |
Board Member Median to 75th percentile | — | — | — | — | $60k $66k |
Board Member 25th percentile to median | — | — | — | — | $46k $50k |
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 2023, the highest total compensation at READDI INC equaled 52% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Top compensation, year by year
From $95k in 2022 to $287k 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 1110% from 2022 to 2023, while revenue rose 83%.
- Board Member pay rose 7% from 2022 to 2023.
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 READDI INC
What does the Chief Executive Officer of READDI INC earn?
In 2023, the Chief Executive Officer of READDI INC received $286,795 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Medical Research organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at READDI INC compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Chief Executive Officer at READDI INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at READDI INC equaled 52% of the organization's total expenses. The median for medical research organizations is 10%.
What are READDI INC's revenue and expenses?
In 2023, READDI INC reported $1.5M in total revenue and $553k in total expenses on its IRS Form 990.
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