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Filing year 2024

THE BLACK BELT COMMUNITY FOUNDATION INC

Selma, Alabama·EIN 63-1270745·NTEE T31 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11.5M
Total assets
$26.3M
Total expenses
$14M
Reported officers
20
Mission

TO ENSURE ALL BLACK BELT RESIDENTS LIVE AND WORK IN HEALTHY, PROSPEROUS, INCLUSIVE, EDUCATED, CREATIVE AND GIVING COMMUNITIES. WE SERVE TWELVE COUNTIES: BULLOCK, CHOCTAW, DALLAS, GREENE, HALE, LOWNDES, MACON, MARENGO, PERRY, PICKENS, SUMTER, AND WILCOX. EACH OF THESE COUNTIES IS CONSIDERED A "PERSISTENT POVERTY COUNTY" AS IDENTIFIED THROUGH THE CENSUS. PERSISTENT POVERTY COUNTIES ARE THOSE WHERE 20% OR MORE OF THE COUNTY RESIDENTS WERE POOR, MEASURED BY THE 1980, 1990, 2000 CENSUSES, AND THE 200-11 AMERICAN COMMUNITY SURVEY. ADDITIONALLY, BBCF OFTENTIMES INVESTS IN THE FOLLOWING 13 STATES: ALABAMA, ARKANSAS, FLORIDA, GEORGIA, KENTUCKY, LOUISIANA, MISSISSIPPI, NORTH CAROLINA, SOUTH CAROLINA, TENNESSEE, TEXAS, VIRGINIA, AND WEST VIRGINIA.

Executive compensation, broken down

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 Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Alabama
$353k
$374k
Base
$251k
Bonus
$74k
Other
Benefits
$15k
Chief of Staff
Highest Compensated Employee
25th percentile to median
$123k
$131k
Chief Community Engagement Officer
Highest Compensated Employee
10th to 25th percentile
$121k
$128k

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 17 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE BLACK BELT COMMUNITY FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 61%
from 2023

From $220k in 2023 to $353k in 2024.

$220k
2023
$353k
2024
In today's dollarsEst.
Up 56% in real terms$240k to $374k

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 61% from 2023 to 2024, while revenue fell 64%.

$220k in 2023 to $353k in 2024.
  • Highest Compensated Employee pay fell 5% 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 THE BLACK BELT COMMUNITY FOUNDATION INC

What does the Chief Executive Officer of THE BLACK BELT COMMUNITY FOUNDATION INC earn?

In 2024, the Chief Executive Officer of THE BLACK BELT COMMUNITY FOUNDATION INC received $352,947 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Alabama: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE BLACK BELT COMMUNITY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Alabama, the 2024 pay of the Chief Executive Officer at THE BLACK BELT COMMUNITY FOUNDATION INC falls in the top 10%. In 2024, the highest total compensation at THE BLACK BELT COMMUNITY FOUNDATION INC equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE BLACK BELT COMMUNITY FOUNDATION INC's revenue and expenses?

In 2024, THE BLACK BELT COMMUNITY FOUNDATION INC reported $11.5M in total revenue and $14M in total expenses on its IRS Form 990.

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