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Filing year 2024

VIRGINIA ASSOCIATION OF COMMUNITY BANKS

Richmond, Virginia·EIN 54-1094907·6
Total revenue
$805k
Total assets
$471k
Total expenses
$900k
Reported officers
16
Mission

TO PROVIDE UNDILUTED ADVOCACY, TARGETED EDUCATION AND QUALITY COLLABORATION FOR VIRGINIA'S COMMUNITY BANKS.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President & CEO (thru Dec 2024)
75th to 90th percentile
$184k
$195k
Base
$184k
Bonus
Other
Benefits
President & CEO (beg Oct 2024)
25th percentile to median
$59k
$62k

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 14 unpaid individuals.

Up 2%
from 2023

From $180k in 2023 to $184k in 2024.

$180k
2023
$184k
2024
In today's dollarsEst.
Roughly flat in real terms$196k to $195k

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 2% from 2023 to 2024, while revenue rose 11%.

$180k in 2023 to $184k 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

VIRGINIA ASSOCIATION OF COMMUNITY BANKS reported revenue and expenses across 2 filing years.

RevenueExpenses
$727k
$778k
2023
$805k
$900k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VIRGINIA ASSOCIATION OF COMMUNITY BANKS

What does the Chief Executive Officer of VIRGINIA ASSOCIATION OF COMMUNITY BANKS earn?

In 2024, the Chief Executive Officer of VIRGINIA ASSOCIATION OF COMMUNITY BANKS received $183,987 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VIRGINIA ASSOCIATION OF COMMUNITY BANKS compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at VIRGINIA ASSOCIATION OF COMMUNITY BANKS falls between the 75th and 90th percentiles.

What are VIRGINIA ASSOCIATION OF COMMUNITY BANKS's revenue and expenses?

In 2024, VIRGINIA ASSOCIATION OF COMMUNITY BANKS reported $805k in total revenue and $900k in total expenses on its IRS Form 990.

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