VIRGINIA TECH REAL ESTATE FOUNDATION, INC. (VTREF) WAS ORGANIZED SOLELY FOR THE BENEFIT OF VIRGINIA TECH AND VIRGINIA TECH FOUNDATION INC. VTREF IS TO ENGAGE IN MATTERS PERTAINING TO CERTAIN REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
Director Board Member Above 90th percentile | $376k $411k |
Secretary (thru 05/2024) Secretary (Operational) Median to 75th percentile | $68k $74k |
Assistant Secretary (as of 05/2024) Secretary (Operational) Median to 75th percentile | $39k $43k |
President 10th to 25th percentile | $37k $40k |
Treasurer 25th percentile to median | $32k $35k |
Secretary (as of 05/2024) Secretary (Operational) 25th percentile to median | $12k $13k |
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.
Top compensation, year by year
From $84k in 2022 to $376k in 2023.
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.
Board Member pay rose 348% from 2022 to 2023, while revenue rose 1%.
- Chief Executive Officer pay rose 10% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
VIRGINIA TECH REAL ESTATE FOUNDATION INC reported revenue and expenses across 2 filing years.
Common questions about VIRGINIA TECH REAL ESTATE FOUNDATION INC
What does the Board Member of VIRGINIA TECH REAL ESTATE FOUNDATION INC earn?
In 2023, the Board Member of VIRGINIA TECH REAL ESTATE FOUNDATION INC received $376,205 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at VIRGINIA TECH REAL ESTATE FOUNDATION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at VIRGINIA TECH REAL ESTATE FOUNDATION INC falls in the top 10%.
What are VIRGINIA TECH REAL ESTATE FOUNDATION INC's revenue and expenses?
In 2023, VIRGINIA TECH REAL ESTATE FOUNDATION INC reported $21.3M in total revenue and $17.9M in total expenses on its IRS Form 990.
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