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Filing year 2023

RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC

Norfolk, Virginia·EIN 54-0354660·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$901k
Total assets
$24.6M
Total expenses
$1.7M
Reported officers
24
Mission

TO ASSIST IN REFORMING TRADE ISSUES; TO CULTIVATE A FEELING OF FRATERNITY AMONG COMPETITIVE BUSINESS ESTABLISHMENTS; TO ASSIST IN FURTHER DIGNIFYING THE RETAIL INDUSTRY AND ENHANCING ITS COMMUNITY PRESTIGE; TO PROMOTE THE EXPANSION OF VIRGINIA'S RETAIL INDUSTRY; TO TAKE AN ACTIVE AND ENERGETIC INTEREST IN ALL ADMINISTRATIVE AFFAIRS OF OUR NATIONAL, STATE AND LOCAL GOVERNMENTS; TO ASSIST IN THE FURTHERANCE OF SUCH AIMS, OBJECTS AND PURPOSES, AS IN THE DISCRETION OF THE BOARD OF DIRECTORS MAY AT ANY TIME DEEMED ADVISABLE AND LEGITIMATE FOR THE BEST INTERESTS OF THE RETAIL COMMUNITY AND THE MEMBERS OF THIS CORPORATION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.

Director Emeritus
Board Member
Above 90th percentilevs Community Improvement & Capacity Building peers nationwide
$220k
$241k
Base
$195k
Bonus
Other
$2k
Benefits
$1k
President /ceo
Median to 75th percentile
$186k
$203k
Base
$172k
Bonus
Other
$9k
Benefits
$5k
Secretary
Officer (Unspecified)
$51k
$56k
Secretary
Officer (Unspecified)
$28k
$30k

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 20 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
13%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC

What does the Board Member of RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC earn?

In 2023, the Board Member of RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC received $220,378 in total compensation. This pay is in the top 10% for Board Member roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board Member at RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC falls in the top 10%. In 2023, the highest total compensation at RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC equaled 13% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC's revenue and expenses?

In 2023, RETAIL MERCHANTS ASSOCIATION OF TIDEWATER VIRGINIA INC reported $901k in total revenue and $1.7M in total expenses on its IRS Form 990.

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