VTTEDI BUILDS A BASE OF RESEARCH, ENGINEERING EDUCATION, ADVANCED TESTING, AND TECHNOLOGY TRANSFER THAT SIGNIFICANTLY IMPACTS INDUSTRIAL PRACTICE AND PRODUCTIVITY THROUGH THE DEVELOPMENT OF ADVANCED MATERIALS, INTELLIGENT TIRE TECHNOLOGIES AND VEHICLE DYNAMICS DATA ANALYSIS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.
- Base
- $246k
- Bonus
- —
- Other
- $7k
- Benefits
- $14k
- Base
- $185k
- Bonus
- —
- Other
- $601
- Benefits
- $23k
- Base
- $143k
- Bonus
- —
- Other
- $255
- Benefits
- $8k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director 75th to 90th percentile | $246k | — | $7k | $14k | $295k $322k |
Engineering Director-outreach Ops Key Employee Median to 75th percentile | $185k | — | $601 | $23k | $231k $252k |
Engineer III - Research Scientist Highest Compensated Employee 25th percentile to median | $143k | — | $255 | $8k | $168k $183k |
Board Member Above 90th percentile | — | — | — | — | $158k $173k |
Board Member 75th to 90th percentile | — | — | — | — | $128k $139k |
Engineer III - Research Scientist Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $125k $137k |
Engineer III - Research Scientist Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $125k $137k |
Board Member Median to 75th percentile | — | — | — | — | $71k $78k |
Board Member Median to 75th percentile | — | — | — | — | $70k $77k |
President (vtt) 25th percentile to median | — | — | — | — | $66k $72k |
President 25th percentile to median | — | — | — | — | $61k $66k |
Treasurer (vtt) 25th percentile to median | — | — | — | — | $47k $52k |
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 1 unpaid individual.
Top pay as a share of expenses
In 2023, the highest total compensation at VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 138%
from 2022
From $124k in 2022 to $295k 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.
Chief Executive Officer pay rose 364% from 2022 to 2023, while revenue rose 23%.
- Board Member pay rose 28% from 2022 to 2023.
- Chief Financial Officer pay rose 6% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC
What does the Chief Executive Officer of VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC earn?
In 2023, the Chief Executive Officer of VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC received $294,833 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Education organizations in Virginia, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC compare with similar nonprofits?
Compared with the same role at Education organizations in Virginia, the 2023 pay of the Chief Executive Officer at VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC equaled 5% of the organization's total expenses. The median for education organizations is 7%.
What are VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC's revenue and expenses?
In 2023, VIRGINIA TECH TRANSPORTATION ECONOMIC DEVELOPMENT INC reported $5.6M in total revenue and $5.8M in total expenses on its IRS Form 990.
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