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Filing year 2024

TBC-RACING INC

Bethesda, Maryland·EIN 37-2028644·NTEE N60 · Recreation & Sports·501(c)(3)
Total revenue
$1.4M
Total assets
$342k
Total expenses
$1.4M
Reported officers
5
Mission

TBC-RACING IS A VOLUNTEER DIRECTED, NONPROFIT, EDUCATIONAL ORGANIZATION OFFERING ROWING INSTRUCTION TO PEOPLE OF ALL AGES, INCOME AND LEVELS OF PHYSICAL ABILITY. IT SHALL SUPPORT AND PROVIDE ACCESS TO AMATEUR ROWING PROGRAMS IN THE METROPOLITAN WASHINGTON, DC AREA.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

Chairman
Board Chair
Above 90th percentile
$93k
$98k
Board Member
Median to 75th percentile
$38k
$40k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TBC-RACING INC equaled 7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2024)
7%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 178%
over 2 years

From $33k in 2022 to $93k in 2024.

$33k
2022
$92k
2023
$93k
2024
In today's dollarsEst.
Up 161% in real terms$38k to $98k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Chair pay rose 178% from 2022 to 2024, while revenue rose 31%.

$33k in 2022 to $93k in 2024.
  • Board Member pay rose 221% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 TBC-RACING INC

What does the Board Chair of TBC-RACING INC earn?

In 2024, the Board Chair of TBC-RACING INC received $92,500 in total compensation. This pay is in the top 10% for Board Chair roles among Recreation & Sports organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Chair pay at TBC-RACING INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations nationwide, the 2024 pay of the Board Chair at TBC-RACING INC falls in the top 10%. In 2024, the highest total compensation at TBC-RACING INC equaled 7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are TBC-RACING INC's revenue and expenses?

In 2024, TBC-RACING INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.

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