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Filing year 2023

Virginia Maritime Association

Norfolk, Virginia·EIN 54-0238120·501(c)(6)
Total revenue
$2.8M
Total assets
$2.7M
Total expenses
$3.3M
Reported officers
44
Mission

Promote, protect, and encourage the interests of the commercial shipping in the ports of Virginia.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Secretary
Secretary (Operational)
Above 90th percentile
$392k
$428k
Base
$331k
Bonus
$49k
Other
Benefits
VP Finance & Adm
Board Vice President
75th to 90th percentile
$264k
$289k
Base
$207k
Bonus
$27k
Other
Benefits
VP Industry & Govt Affairs
Board Vice President
Median to 75th percentile
$212k
$231k
Base
$176k
Bonus
$27k
Other
Benefits
Director of IT
Chief Information Officer
Median to 75th percentile
$202k
$221k
Base
$178k
Bonus
$15k
Other
Benefits
Director
Board Member
75th to 90th percentile
$60k
$66k

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 39 unpaid individuals.

Down 13%
from 2022

From $451k in 2022 to $392k in 2023.

$451k
2022
$392k
2023
In today's dollarsEst.
Down 17% in real terms$515k to $428k

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 20% from 2022 to 2023, while revenue rose 11%.

$221k in 2022 to $264k in 2023.
  • Chief Information Officer pay rose 2787% 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.
Financial trend

Revenue and expenses over time

Virginia Maritime Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$2.4M
2022
$2.8M
$3.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Virginia Maritime Association

What does the Secretary (Operational) of Virginia Maritime Association earn?

In 2023, the Secretary (Operational) of Virginia Maritime Association received $391,586 in total compensation. This pay is in the top 10% for Secretary (Operational) roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Secretary (Operational) pay at Virginia Maritime Association compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Secretary (Operational) at Virginia Maritime Association falls in the top 10%.

What are Virginia Maritime Association's revenue and expenses?

In 2023, Virginia Maritime Association reported $2.8M in total revenue and $3.3M in total expenses on its IRS Form 990.

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