Mission
TO ENCOURAGE, STIMULATE, EXTEND, AND PROMOTE ALL LOCALLY OWNED INDEPENDENT BUSINESSES IN CENTRAL VIRGINIA.
Executive compensation, broken down
Form 990 · Schedule J · 3 reported individuals · Filing year 2024
President/ceo
$201k
$213k
- Base
- $180k
- Bonus
- —
- Other
- —
- Benefits
- $7k
Vice President
vice president
$97k
$103k
Secretary/treasurer
$83k
$88k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President/ceo | $180k | — | — | $7k | $201k $213k |
Vice President vice president | — | — | — | — | $97k $103k |
Secretary/treasurer | — | — | — | — | $83k $88k |
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 2023
From $206k in 2023 to $201k in 2024.
$206k
2023
$201k
2024
$206k
2023
$201k
2024
In today's dollarsEst.
Down 5% in real terms$225k to $213k
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.
Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend
Revenue and expenses over time
RETAIL MERCHANTS ASSOCIATION reported revenue and expenses across 2 filing years.
RevenueExpenses
$2.1M
$1.2M
2023
$1.4M
$1.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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