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Filing year 2023

Research Triangle Foundation of NC

Research Triangle Park, North Carolina·EIN 56-0853674·501(c)(4)
Total revenue
$16.7M
Total assets
$216.6M
Total expenses
$23.5M
Reported officers
26
Mission

TO PROMOTE UNIVERSITY, ACADEMIC, INDUSTRY AND GOVERNMENT COLLABORATIONS LEADING TO THE ESTABLISHMENT AND MAINTENANCE OF RESEARCH, SCIENTIFIC AND TECHNOLOGY-BASED FACILITIES WITHIN THE RESEARCH TRIANGLE AND NORTH CAROLINA, CREATING QUALITY JOBS AND OPPORTUNITIES FOR ITS CITIZENS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$682k
$745k
Base
$493k
Bonus
$102k
Other
$12k
Benefits
$14k
EVP & COO (thru 4/15/2024)
Above 90th percentile
$506k
$552k
Base
$352k
Bonus
$81k
Other
$12k
Benefits
$15k
VP Real Estate
Vice President
Above 90th percentile
$272k
$297k
Base
$200k
Bonus
$30k
Other
$12k
Benefits
$7k
VP Finance & Administration
Vice President
75th to 90th percentile
$238k
$260k
Base
$169k
Bonus
$25k
Other
Benefits
$23k
Senior Director Placemaking
Highest Compensated Employee
25th percentile to median
$162k
$177k
Base
$111k
Bonus
$14k
Other
Benefits
$23k
Accounting Manager
Median to 75th percentile
$142k
$155k
VP Planning & Public Policy
Board Vice President
Median to 75th percentile
$138k
$151k
Director of IT
Chief Information Officer
10th to 25th percentile
$126k
$138k
Former Officer
Former Officer/director/trustee
Median to 75th percentile
$117k
$128k
Base
$77k
Bonus
Other
$25k
Benefits
$7k

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 17 unpaid individuals.

Down 3%
from 2022

From $707k in 2022 to $682k in 2023.

$707k
2022
$682k
2023
In today's dollarsEst.
Down 8% in real terms$806k to $745k

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

Chief Executive Officer pay fell 3% from 2022 to 2023, while revenue fell 47%.

$707k in 2022 to $682k in 2023.
  • Vice President pay rose 4% from 2022 to 2023.
  • Highest Compensated Employee pay rose 4% 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.
Financial trend

Revenue and expenses over time

Research Triangle Foundation of NC reported revenue and expenses across 2 filing years.

RevenueExpenses
$31.8M
$21.8M
2022
$16.7M
$23.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Research Triangle Foundation of NC

What does the Chief Executive Officer of Research Triangle Foundation of NC earn?

In 2023, the Chief Executive Officer of Research Triangle Foundation of NC received $682,079 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Research Triangle Foundation of NC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Research Triangle Foundation of NC falls in the top 10%.

What are Research Triangle Foundation of NC's revenue and expenses?

In 2023, Research Triangle Foundation of NC reported $16.7M in total revenue and $23.5M in total expenses on its IRS Form 990.

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