TO SHARE THE LOVE OF JESUS THROUGH OUR ACTIONS AND WORDS BY HELPING FAMILIES IN NEED OF HOME REPAIR. TOGETHER WITH VOLUNTEERS, CHURCHES AND BUSINESSES WE IMPACT OUR COMMUNITY TO GLORIFY GOD THROUGH SERVICE TO OTHERS.
Executive compensation
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Virginia.
| Position | Total |
|---|---|
President 25th percentile to median | $77k $81k |
Secretary Officer (Unspecified) | $23k $25k |
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 5 unpaid individuals.
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Top pay as a share of expenses
In 2024, the highest total compensation at THE 516 PROJECT INC equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 4%
from 2023
From $80k in 2023 to $77k 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 fell 4% from 2023 to 2024, while revenue rose 6%.
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 THE 516 PROJECT INC
What does the Chief Executive Officer of THE 516 PROJECT INC earn?
In 2024, the Chief Executive Officer of THE 516 PROJECT INC received $76,650 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE 516 PROJECT INC compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Virginia, the 2024 pay of the Chief Executive Officer at THE 516 PROJECT INC falls between the 25th percentile and the median. In 2024, the highest total compensation at THE 516 PROJECT INC equaled 17% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are THE 516 PROJECT INC's revenue and expenses?
In 2024, THE 516 PROJECT INC reported $456k in total revenue and $445k in total expenses on its IRS Form 990.
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