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Filing year 2024

THE SEA GLASS INITIATIVE INC

Foley, Alabama·EIN 93-2583146·NTEE L20 · Housing & Shelter·501(c)(3)
Total revenue
$233k
Total assets
$72k
Total expenses
$180k
Reported officers
8
Mission

THE SEA GLASS INITIATIVE, INC. (THE ENTITY) IS A NONPROFIT ORGANIZATION DEDICATED TO THE MISSION TO UNITE THE COMMUNITY THROUGH COMPASSION TO END AND PREVENT HOMELESSNESS IN BALDWIN COUNTY. THIS IS ACCOMPLISHED BY OPERATING HIGH-QUALITY PROGRAMS THAT PROVIDE HOPE, STABILITY, AND MOST IMPORTANTLY, EQUAL ACCESS TO HOUSING FOR EVERY INDIVIDUAL.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.

Vice Preside
Vice President
Median to 75th percentile
$53k
$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 7 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE SEA GLASS INITIATIVE INC equaled 30% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
30%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE SEA GLASS INITIATIVE INC

What does the Vice President of THE SEA GLASS INITIATIVE INC earn?

In 2024, the Vice President of THE SEA GLASS INITIATIVE INC received $53,308 in total compensation. This pay is above the median (the midpoint) for Vice President roles among Housing & Shelter organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at THE SEA GLASS INITIATIVE INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Vice President at THE SEA GLASS INITIATIVE INC falls between the median and the 75th percentile. In 2024, the highest total compensation at THE SEA GLASS INITIATIVE INC equaled 30% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are THE SEA GLASS INITIATIVE INC's revenue and expenses?

In 2024, THE SEA GLASS INITIATIVE INC reported $233k in total revenue and $180k in total expenses on its IRS Form 990.

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