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Filing year 2024

THE GREATER RICHMOND CHAMBER FOUNDATION

Richmond, Virginia·EIN 51-0252958·NTEE S41 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$335k
Total assets
$712k
Total expenses
$240k
Reported officers
16
Mission

TO ENHANCE GREATER RICHMOND CHAMBER'S ABILITY TO IMPROVE THE BUSINESS ENVIRONMENT AND QUALITY OF LIFE BY SUPPORTING ECONOMIC DEVELOPMENT, REGIONAL COOPERATION, EDUCATION AND LEADERSHIP DEVELOPMENT.

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 Community Improvement & Capacity Building organizations in Virginia.

Chamber CEO
75th to 90th percentile
$440k
$466k
Base
$339k
Bonus
$31k
Other
Benefits
$7k
Ed,treasurer
Officer (Unspecified)
$178k
$189k
Base
$144k
Bonus
$5k
Other
Benefits
$14k
Secretary
Officer (Unspecified)
$132k
$140k

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 13 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE GREATER RICHMOND CHAMBER FOUNDATION equaled 183% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
183%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $68k in 2023 to $440k in 2024.

$68k
2023
$440k
2024
In today's dollarsEst.
Up 531% in real terms$74k to $466k

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 550% from 2023 to 2024, while revenue fell 3%.

$68k in 2023 to $440k in 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 GREATER RICHMOND CHAMBER FOUNDATION

What does the Chief Executive Officer of THE GREATER RICHMOND CHAMBER FOUNDATION earn?

In 2024, the Chief Executive Officer of THE GREATER RICHMOND CHAMBER FOUNDATION received $439,811 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE GREATER RICHMOND CHAMBER FOUNDATION 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 GREATER RICHMOND CHAMBER FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE GREATER RICHMOND CHAMBER FOUNDATION equaled 183% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE GREATER RICHMOND CHAMBER FOUNDATION's revenue and expenses?

In 2024, THE GREATER RICHMOND CHAMBER FOUNDATION reported $335k in total revenue and $240k in total expenses on its IRS Form 990.

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