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Filing year 2024

THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION

Chesapeake, Virginia·EIN 27-2529017·501(c)(3)
Total revenue
$1.5M
Total assets
$18.3M
Total expenses
$919k
Reported officers
16
Mission

SEVACF ENHANCES THE QUALITY OF THE LIFE IN SOUTH HAMPTON ROADS BY CONNECTING PEOPLE WHO CARE WITH CAUSES LARGE AND SMALL, MANAGING CHARITABLE FUNDS, AND PROVIDING GRANTS AND SCHOLARSHIPS FOR (CONTINUED ON SCHEDULE O)

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 nonprofits nationwide, across all sectors.

CEO
25th percentile to median
$67k
$71k

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 15 unpaid individuals.

Funded by

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

Down 17%
from 2023

From $81k in 2023 to $67k in 2024.

$81k
2023
$67k
2024
In today's dollarsEst.
Down 19% in real terms$88k to $71k

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 fell 17% from 2023 to 2024, while revenue rose 469%.

$81k in 2023 to $67k 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.
Financial trend

Revenue and expenses over time

THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$268k
$1.2M
2023
$1.5M
$919k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION

What does the Chief Executive Officer of THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION earn?

In 2024, the Chief Executive Officer of THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION received $67,400 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION falls between the 25th percentile and the median.

What are THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION's revenue and expenses?

In 2024, THE SOUTHEAST VIRGINIA COMMUNITY FOUNDATION reported $1.5M in total revenue and $919k in total expenses on its IRS Form 990.

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