The Tool Library, Inc. promotes borrowing over buying by increasing trust between neighbors and neighborhoods through empowerment by removing economic barriers for individuals and community projects, enhances sustainability by encouraging community involvement to share practical resources and knowledge, reduces waste, and lowers barriers to access.
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 Community Improvement & Capacity Building organizations in New York.
| Position | Total |
|---|---|
Executive Director 25th percentile to median | $55k $60k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 20 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at The Tool Library Inc equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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.
Up 73%
from 2023
From $32k in 2023 to $55k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 73% from 2023 to 2024, while revenue rose 217%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about The Tool Library Inc
What does the Chief Executive Officer of The Tool Library Inc earn?
In 2024, the Chief Executive Officer of The Tool Library Inc received $55,385 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at The Tool Library Inc compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Chief Executive Officer at The Tool Library Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at The Tool Library Inc equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are The Tool Library Inc's revenue and expenses?
In 2024, The Tool Library Inc reported $762k in total revenue and $316k in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more