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Filing year 2024

RICHARD BENNETT TRUST

Suffolk, Virginia·EIN 54-6068391·3
Total revenue
$394k
Total assets
$14.6M
Total expenses
$263k
Reported officers
5
Mission

AID TO INDIVIDUALS AND ORGANIZATIONS IN THE VICINITY WHERE THE TRUST IS MAINTAINED.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

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

Secretary-treasurer
Officer (Unspecified)
$18k
$19k
Trustee
Board Member
10th to 25th percentile
$2k
$2k
Chairman
Board Chair
10th to 25th percentile
$2k
$2k
Vice-chairman
Board Member
10th to 25th percentile
$2k
$2k
Trustee
Board Member
10th to 25th percentile
$2k
$2k

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.

Held steady
from 2023

From $18k in 2023 to $18k in 2024.

$18k
2023
$18k
2024
In today's dollarsEst.
Down 3% in real terms$20k to $19k

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

Board Member pay held roughly steady from 2023 to 2024, while revenue fell 7%.

$2k in 2023 to $2k in 2024.
  • Board Chair pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

RICHARD BENNETT TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$423k
$260k
2023
$394k
$263k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RICHARD BENNETT TRUST

What does the Board Member of RICHARD BENNETT TRUST earn?

In 2024, the Board Member of RICHARD BENNETT TRUST received $1,500 in total compensation. This pay is in the bottom quarter for Board Member roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at RICHARD BENNETT TRUST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at RICHARD BENNETT TRUST falls between the 10th and 25th percentiles.

What are RICHARD BENNETT TRUST's revenue and expenses?

In 2024, RICHARD BENNETT TRUST reported $394k in total revenue and $263k in total expenses on its IRS Form 990.

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