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Filing year 2024

RICHMOND INSTITUTE FOR VETERANS RESEARCH

Richmond, Virginia·EIN 54-1522206·NTEE H990 · Medical Research·501(c)(3)
Total revenue
$5.4M
Total assets
$16M
Total expenses
$5.2M
Reported officers
13
Mission

MEDICAL RESEARCH, EDUCATION AND PATIENT CARE.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.

Principal Investigator
Highest Compensated Employee
25th percentile to median
$145k
$154k
Exec Director
Director (Operational)
25th percentile to median
$122k
$130k
Financial Officer
Officer (Unspecified)
$100k
$106k

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 10 unpaid individuals.

Browse compensation in Medical Research

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RICHMOND INSTITUTE FOR VETERANS RESEARCH equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

This organization (2024)
3%
Sector median
10%
Middle half of sector
4% to 21%

Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 5%
from 2023

From $138k in 2023 to $145k in 2024.

$138k
2023
$145k
2024
In today's dollarsEst.
Up 2% in real terms$151k to $154k

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

Highest Compensated Employee pay rose 5% from 2023 to 2024, while revenue fell 5%.

$138k in 2023 to $145k in 2024.
  • Director (Operational) pay rose 17% 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.

Among peers

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

FAQ

Common questions about RICHMOND INSTITUTE FOR VETERANS RESEARCH

What does the Highest Compensated Employee of RICHMOND INSTITUTE FOR VETERANS RESEARCH earn?

In 2024, the Highest Compensated Employee of RICHMOND INSTITUTE FOR VETERANS RESEARCH received $145,375 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among Medical Research organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at RICHMOND INSTITUTE FOR VETERANS RESEARCH compare with similar nonprofits?

Compared with the same role at Medical Research organizations nationwide, the 2024 pay of the Highest Compensated Employee at RICHMOND INSTITUTE FOR VETERANS RESEARCH falls between the 25th percentile and the median. In 2024, the highest total compensation at RICHMOND INSTITUTE FOR VETERANS RESEARCH equaled 3% of the organization's total expenses. The median for medical research organizations is 10%.

What are RICHMOND INSTITUTE FOR VETERANS RESEARCH's revenue and expenses?

In 2024, RICHMOND INSTITUTE FOR VETERANS RESEARCH reported $5.4M in total revenue and $5.2M in total expenses on its IRS Form 990.

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