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Filing year 2023

THE MONTGOMERY INSTITUTE

Meridian, Mississippi·EIN 64-0932080·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$402k
Total assets
$2.2M
Total expenses
$204k
Reported officers
7
Mission

THE CORPORATION IS A NONPROFIT CORPORATION ORGANIZED FOR THE FOLLOWING EXCLUSIVELY CHARITABLE, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW (REFERRED TO IN THESE ARTICLES OF INCORPORATION AS THE "CODE"): TO EDUCATE, TRAIN, AND INFORM CITIZEN LEADERS WHO WILL THEN BE ABLE TO INSTIGATE, NURTURE, PROMOTE, COORDINATE, AND ASSIST IN THE FORMATION, DIRECTION, AND EXECUTION OF UNDERTAKINGS LEADING TO THE UPBUILDING OF COMMUNITIES IN THE EASTERN PORTION OF MISSISSIPPI AND WESTERN PORTION OF ALABAMA, WITH EMPHASIS ON ACTIVITIES THAT REVITALIZE OR STABILIZE LOW- OR MODERATE-INCOME GEOGRAPHIES AND DISTRESSED OR UNDERSERVED NONMETROPOLITAN MIDDLE-INCOME GEOGRAPHIES DESIGNATED BY THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, FEDERAL DEPOSIT INSURANCE CORPORATION, AND OFFICE OF THE COMPTROLLER OF THE CURRENCY. IN ACCORDANCE WITH THIS PURPOSE, T

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President
25th percentile to median
$52k
$57k

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 6 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 THE MONTGOMERY INSTITUTE equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
26%
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.

Held steady
from 2022

From $52k in 2022 to $52k in 2023.

$52k
2022
$52k
2023
In today's dollarsEst.
Down 4% in real terms$59k to $57k

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 held roughly steady from 2022 to 2023, while revenue rose 48%.

$52k in 2022 to $52k in 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 THE MONTGOMERY INSTITUTE

What does the Chief Executive Officer of THE MONTGOMERY INSTITUTE earn?

In 2023, the Chief Executive Officer of THE MONTGOMERY INSTITUTE received $52,000 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Mississippi, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE MONTGOMERY INSTITUTE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Mississippi, the 2023 pay of the Chief Executive Officer at THE MONTGOMERY INSTITUTE falls between the 25th percentile and the median. In 2023, the highest total compensation at THE MONTGOMERY INSTITUTE equaled 26% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE MONTGOMERY INSTITUTE's revenue and expenses?

In 2023, THE MONTGOMERY INSTITUTE reported $402k in total revenue and $204k in total expenses on its IRS Form 990.

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