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Filing year 2023

VIRGINIA INNOVATION PARTNERSHIP CORPORATION

Herndon, Virginia·EIN 54-1282820·NTEE U41Z · Science & Technology·501(c)(3)
Total revenue
$47.4M
Total assets
$80M
Total expenses
$39.4M
Reported officers
21
Mission

VIPC GROWS AND DIVERSIFIES VIRGINIA'S ECONOMY BY INVESTING IN AND ACCELERATING INNOVATION COMMERCIALIZATION AND ENTREPRENEURSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Science & Technology organizations nationwide.

CIO & VP
Chief Information Officer
75th to 90th percentilevs all sectors nationwide
$376k
$412k
Base
$304k
Bonus
Other
$2k
Benefits
$34k
President & CEO Thru 11/2023
Median to 75th percentilevs Science & Technology peers in Virginia
$332k
$364k
Base
$275k
Bonus
Other
$3k
Benefits
$21k
Chief Tech Officer
Key Employee
Median to 75th percentile
$330k
$362k
Base
$271k
Bonus
Other
$3k
Benefits
$23k
CFO to 2/2024
75th to 90th percentile
$315k
$345k
Base
$268k
Bonus
Other
$2k
Benefits
$12k
VP Commercialization
Board Vice President
Median to 75th percentile
$274k
$301k
Base
$223k
Bonus
Other
$2k
Benefits
$23k
Dir Investment Svcs
Highest Compensated Employee
Median to 75th percentile
$267k
$293k
Base
$216k
Bonus
Other
$2k
Benefits
$23k
VP Marketing
Board Vice President
25th percentile to median
$244k
$268k
Base
$187k
Bonus
Other
$2k
Benefits
$34k
VP Entreprenuerial
Board Vice President
25th percentile to median
$244k
$267k
Base
$187k
Bonus
Other
$920
Benefits
$34k
Dir Investment Svcs
Highest Compensated Employee
Median to 75th percentile
$232k
$254k
Base
$185k
Bonus
Other
$920
Benefits
$23k
Dir Investment Svcs
Highest Compensated Employee
Median to 75th percentile
$223k
$245k
Base
$187k
Bonus
$1k
Other
$814
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Browse compensation in Science & Technology

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VIRGINIA INNOVATION PARTNERSHIP CORPORATION equaled 1.0% of the organization's total expenses. The median for science & technology organizations is 9%.

This organization (2023)
1.0%
Sector median
9%
Middle half of sector
4% to 21%

Based on 1,078 science & technology organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2022

From $361k in 2022 to $376k in 2023.

$361k
2022
$376k
2023
In today's dollarsEst.
Up 1% in real terms$408k to $412k

Estimated with Washington-Arlington-Alexandria, DC-VA-MD-WV metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Information Officer pay rose 7% from 2022 to 2023, while revenue rose 36%.

$352k in 2022 to $376k in 2023.
  • Chief Executive Officer pay fell 8% from 2022 to 2023.
  • Key Employee pay rose 7% 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 VIRGINIA INNOVATION PARTNERSHIP CORPORATION

What does the Chief Information Officer of VIRGINIA INNOVATION PARTNERSHIP CORPORATION earn?

In 2023, the Chief Information Officer of VIRGINIA INNOVATION PARTNERSHIP CORPORATION received $375,827 in total compensation. This pay is in the top quarter for Chief Information 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 Information Officer pay at VIRGINIA INNOVATION PARTNERSHIP CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Information Officer at VIRGINIA INNOVATION PARTNERSHIP CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at VIRGINIA INNOVATION PARTNERSHIP CORPORATION equaled 1.0% of the organization's total expenses. The median for science & technology organizations is 9%.

What are VIRGINIA INNOVATION PARTNERSHIP CORPORATION's revenue and expenses?

In 2023, VIRGINIA INNOVATION PARTNERSHIP CORPORATION reported $47.4M in total revenue and $39.4M in total expenses on its IRS Form 990.

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