SRCCO, AS A CONTROLLED AFFILIATE OF THE SEMICONDUCTOR RESEARCH CORPORATION ("SRC"), FUNDS AND OPERATES PROGRAMS OF UNIVERSITY-BASED RESEARCH CENTERS FOCUSED ON MICROELECTRONIC TECHNOLOGY THAT BENEFITS BOTH PRIVATE INDUSTRY AND U.S. DEFENSE CAPABILITIES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $136k
- Bonus
- $139k
- Other
- $10k
- Benefits
- $16k
- Base
- $86k
- Bonus
- $19k
- Other
- $3k
- Benefits
- $2k
- Base
- $78k
- Bonus
- $12k
- Other
- $220
- Benefits
- $16k
- Base
- $87k
- Bonus
- $13k
- Other
- $11k
- Benefits
- $7k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentilevs Community Improvement & Capacity Building peers in North Carolina | $136k | $139k | $10k | $16k | $391k $415k |
VP of Business Development Board Vice President Median to 75th percentile | $86k | $19k | $3k | $2k | $180k $191k |
Chief Accounting Officer Board Member Above 90th percentile | $78k | $12k | $220 | $16k | $178k $189k |
Program Manager Median to 75th percentile | $87k | $13k | $11k | $7k | $146k $155k |
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.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at SRCCO equaled 0.8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 39%
from 2023
From $281k in 2023 to $391k in 2024.
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.
Chief Executive Officer pay rose 39% from 2023 to 2024, while revenue rose 20%.
- Board Vice President pay rose 34% from 2023 to 2024.
- Board Member pay rose 3% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SRCCO
What does the Chief Executive Officer of SRCCO earn?
In 2024, the Chief Executive Officer of SRCCO received $390,871 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at SRCCO compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2024 pay of the Chief Executive Officer at SRCCO falls in the top 10%. In 2024, the highest total compensation at SRCCO equaled 0.8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are SRCCO's revenue and expenses?
In 2024, SRCCO reported $53.5M in total revenue and $50.3M in total expenses on its IRS Form 990.
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