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Filing year 2023

THREAD CAPITAL INC

Raleigh, North Carolina·EIN 83-1284532·NTEE S19 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$7.2M
Total assets
$16M
Total expenses
$3M
Reported officers
14
Mission

THREAD CAPITAL BELIEVES EVERYONE DESERVES THE CHANCE TO BE SUCCESSFUL. WE GIVE PEOPLE THE TOOLS THEY NEED TO PURSUE THEIR SMALL-BUSINESS DREAMS, AND CREATE A BETTER TOMORROW FOR THEMSELVES, THEIR FAMILIES, AND THEIR COMMUNITIES.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

Executive Director (to Aug '23)
25th percentile to medianvs Community Improvement & Capacity Building peers in North Carolina
$46k
$51k
CFO & Asst Treasurer
25th percentile to median
$36k
$39k
Director
Board Member
Median to 75th percentile
$36k
$39k
COO (from Jul '23)
Below 10th percentile
$13k
$14k

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 10 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 THREAD CAPITAL INC equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
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 $46k in 2022 to $46k in 2023.

$46k
2022
$46k
2023
In today's dollarsEst.
Down 4% in real terms$53k to $51k

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 8% from 2022 to 2023, while revenue rose 138%.

$43k in 2022 to $46k in 2023.
  • Chief Financial Officer pay rose 41% from 2022 to 2023.
  • Board Member pay fell 23% from 2022 to 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 THREAD CAPITAL INC

What does the Chief Executive Officer of THREAD CAPITAL INC earn?

In 2023, the Chief Executive Officer of THREAD CAPITAL INC received $46,366 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THREAD CAPITAL INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2023 pay of the Chief Executive Officer at THREAD CAPITAL INC falls between the 25th percentile and the median. In 2023, the highest total compensation at THREAD CAPITAL INC equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THREAD CAPITAL INC's revenue and expenses?

In 2023, THREAD CAPITAL INC reported $7.2M in total revenue and $3M in total expenses on its IRS Form 990.

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