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Filing year 2024

NICOTINE RESOURCE CONSORTIUM INC

Raleigh, North Carolina·EIN 22-2820327·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$4.3M
Total assets
$576k
Total expenses
$4.7M
Reported officers
23
Mission

THE NICOTINE RESOURCE CONSORTIUM, INC (FORMERLY TOBACCO MERCHANTS ASSOCIATION, INC.) WAS FOUNDED IN 1915 TO MANAGE INFORMATION RELEVANT TO THE TOBACCO INDUSTRY. THE ORGANIZATION IS AN INTERNATIONAL TRADE ASSOCIATION DEDICATED TO PROVIDING INDUSTRY INFORMATION TO ITS MEMBERS, WHO INCLUDE PRODUCT MANUFACTURERS, INDUSTRY SUPPLIERS, FINANCIAL INSTITUTIONS, INTERNATIONAL LEAF DEALERS, DISTRIBUTORS, AND RETAILERS INVOLVED IN THE TOBACCO INDUSTRY AND RESPONDS TO PUBLIC INQUIRES FOR TOBACCO INFORMATION FROM THE MEDIA, GOVERNMENT AND ACADEMIC INSTITUTIONS INCLUDING STUDENTS.THE ASSOCIATION DOES NOT LOBBY GOVERNMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

VP Sales and Marketing
Board Vice President
Above 90th percentile
$545k
$579k
Base
$304k
Bonus
$241k
Other
Benefits
President
Above 90th percentilevs Community Improvement & Capacity Building peers in North Carolina
$251k
$267k
Base
$210k
Bonus
Other
Benefits
$35k
Employee
Highest Compensated Employee
Median to 75th percentile
$155k
$165k
Base
$143k
Bonus
Other
Benefits
$7k
CFO
Median to 75th percentile
$148k
$157k
Employee
Highest Compensated Employee
25th percentile to median
$143k
$151k
Employee
Highest Compensated Employee
25th percentile to median
$131k
$139k
Employee
Highest Compensated Employee
10th to 25th percentile
$114k
$121k

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 16 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NICOTINE RESOURCE CONSORTIUM INC equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
12%
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.

Up 4%
from 2023

From $526k in 2023 to $545k in 2024.

$526k
2023
$545k
2024
In today's dollarsEst.
Up 1% in real terms$574k to $579k

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

Board Vice President pay rose 4% from 2023 to 2024, while revenue fell 2%.

$526k in 2023 to $545k in 2024.
  • Chief Executive Officer pay fell 1% from 2023 to 2024.
  • Highest Compensated Employee pay rose 1% from 2023 to 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.

Among peers

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

FAQ

Common questions about NICOTINE RESOURCE CONSORTIUM INC

What does the Board Vice President of NICOTINE RESOURCE CONSORTIUM INC earn?

In 2024, the Board Vice President of NICOTINE RESOURCE CONSORTIUM INC received $545,409 in total compensation. This pay is in the top 10% for Board Vice President roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Vice President pay at NICOTINE RESOURCE CONSORTIUM INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Board Vice President at NICOTINE RESOURCE CONSORTIUM INC falls in the top 10%. In 2024, the highest total compensation at NICOTINE RESOURCE CONSORTIUM INC equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NICOTINE RESOURCE CONSORTIUM INC's revenue and expenses?

In 2024, NICOTINE RESOURCE CONSORTIUM INC reported $4.3M in total revenue and $4.7M in total expenses on its IRS Form 990.

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