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Filing year 2023

TENNESSEE TECHNOLOGY DEVELOPMENT CORP

Nashville, Tennessee·EIN 62-1765738·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$13M
Total assets
$32.2M
Total expenses
$12.3M
Reported officers
25
Mission

LAUNCH TENNESSEE IS A 501C3 THAT SUPPORTS THE STARTUP ECOSYSTEM THROUGH CAPITAL, CONNECTIONS AND COMMERCIALIZATION. AS A PUBLIC-PRIVATE PARTNERSHIP, WE ARE UNIQUELY POSITIONED TO PROVIDE DIRECT INVESTMENT, WHILE ALSO SUPPORTING COLLABORATION AMONG FOUNDERS, INVESTORS, RESEARCHERS, THE PRIVATE SECTOR AND GOVERNMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in Tennessee
$273k
$299k
Base
$213k
Bonus
$22k
Other
Benefits
$20k
Finance and Administration Director
75th to 90th percentile
$226k
$247k
Base
$171k
Bonus
$13k
Other
Benefits
$27k
Chief Investment Officer
Key Employee
Median to 75th percentile
$222k
$243k
Base
$169k
Bonus
$17k
Other
Benefits
$21k
Development Director
Median to 75th percentile
$157k
$171k
Base
$135k
Bonus
$10k
Other
Benefits
Marketing Director
Director (Operational)
75th to 90th percentile
$151k
$165k
Base
$125k
Bonus
$8k
Other
Benefits
$9k

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 TENNESSEE TECHNOLOGY DEVELOPMENT CORP equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
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.

Up 26%
from 2022

From $218k in 2022 to $273k in 2023.

$218k
2022
$273k
2023
In today's dollarsEst.
Up 20% in real terms$248k to $299k

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

Chief Executive Officer pay rose 74% from 2022 to 2023, while revenue fell 3%.

$157k in 2022 to $273k in 2023.
  • Chief Financial Officer pay rose 4% from 2022 to 2023.
  • Director (Operational) pay rose 1% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 TENNESSEE TECHNOLOGY DEVELOPMENT CORP

What does the Chief Executive Officer of TENNESSEE TECHNOLOGY DEVELOPMENT CORP earn?

In 2023, the Chief Executive Officer of TENNESSEE TECHNOLOGY DEVELOPMENT CORP received $273,426 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Tennessee: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TENNESSEE TECHNOLOGY DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Tennessee, the 2023 pay of the Chief Executive Officer at TENNESSEE TECHNOLOGY DEVELOPMENT CORP falls in the top 10%. In 2023, the highest total compensation at TENNESSEE TECHNOLOGY DEVELOPMENT CORP equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are TENNESSEE TECHNOLOGY DEVELOPMENT CORP's revenue and expenses?

In 2023, TENNESSEE TECHNOLOGY DEVELOPMENT CORP reported $13M in total revenue and $12.3M in total expenses on its IRS Form 990.

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