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Filing year 2024

VIRGINIA SHIP REPAIR FOUNDATION

Norfolk, Virginia·EIN 54-1186058·3
Total revenue
$713k
Total assets
$1.7M
Total expenses
$456k
Reported officers
16
Mission

PROMOTE WORKFORCE DEVELOPMENT AND OTHER EFFORTS THAT PROMOTE THE VIABILITY OF THE SHIP REPAIR INDUSTRY IN VIRGINIA, RECRUIT, DEVELOP AND EDUCATE THE EXISTING AND FUTURE WORKFORCE OF THE SHIP REPAIR INDUSTRY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
10th to 25th percentile
$30k
$32k

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 15 unpaid individuals.

Up 15%
from 2023

From $26k in 2023 to $30k in 2024.

$26k
2023
$30k
2024
In today's dollarsEst.
Up 12% in real terms$28k to $32k

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 15% from 2023 to 2024, while revenue rose 40%.

$26k in 2023 to $30k 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 SHIP REPAIR FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$508k
$459k
2023
$713k
$456k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about VIRGINIA SHIP REPAIR FOUNDATION

What does the Chief Executive Officer of VIRGINIA SHIP REPAIR FOUNDATION earn?

In 2024, the Chief Executive Officer of VIRGINIA SHIP REPAIR FOUNDATION received $29,700 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at VIRGINIA SHIP REPAIR FOUNDATION 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 SHIP REPAIR FOUNDATION falls between the 10th and 25th percentiles.

What are VIRGINIA SHIP REPAIR FOUNDATION's revenue and expenses?

In 2024, VIRGINIA SHIP REPAIR FOUNDATION reported $713k in total revenue and $456k in total expenses on its IRS Form 990.

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