VMI RESEARCH LABS EXISTS TO SERVE AS THE RESEARCH AND DEVELOPMENT ARM OF THE VIRGINIA MILITARY INSTITUTE. ITS PURPOSE IS TO IMPROVE THE EFFECTIVENESS OF AND TO AID DIRECTLY OR INDIRECTLY VMI'S PRIME MISSION - EDUCATION OF THE UNDERGRADUATE STUDENT. CONTINUED ON SCHEDULE O. INTIMATELY BOUND WITH THIS GOAL ARE OTHER BENEFITS INCLUDING: ENHANCING THE REPUTATION OF THE INSTITUTE AS A CONTRIBUTOR TO THE GENERAL BETTERMENT OF THE STATE AND NATION; ALLOWING FACULTY MEMBERS TO WORK CREATIVELY AND INDEPENDENTLY IN THEIR FIELDS OF INTEREST AND REPORT THEREON; ENHANCING THE OPPORTUNITY FOR CADETS TO ASSIST IN RESEARCH ACTIVITY WITH THE FACULTY AND, FINALLY, TO PROVIDE A MEANS OF FINANCIAL ASSISTANCE TO FACULTY AND CADETS IN THE FORM OF PART TIME AND/OR FULL TIME SUMMER EMPLOYMENT.
Executive compensation
Form 990 · Part VII & Schedule J · 3 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 |
|---|---|
Treasurer/contractual Offi 25th percentile to median | $37k $40k |
Director of Research Director (Operational) Below 10th percentile | $7k $7k |
Secretary Secretary (Operational) 10th to 25th percentile | $2k $3k |
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 9 unpaid individuals.
Up 52%
from 2022
From $24k in 2022 to $37k 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 Financial Officer pay rose 52% from 2022 to 2023, while revenue rose 26%.
- Director (Operational) pay held roughly steady from 2022 to 2023.
- Secretary (Operational) pay held roughly steady 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
VMI RESEARCH LABORATORIES reported revenue and expenses across 2 filing years.
Common questions about VMI RESEARCH LABORATORIES
What does the Chief Financial Officer of VMI RESEARCH LABORATORIES earn?
In 2023, the Chief Financial Officer of VMI RESEARCH LABORATORIES received $36,575 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at VMI RESEARCH LABORATORIES compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Financial Officer at VMI RESEARCH LABORATORIES falls between the 25th percentile and the median.
What are VMI RESEARCH LABORATORIES's revenue and expenses?
In 2023, VMI RESEARCH LABORATORIES reported $3.1M in total revenue and $3.1M in total expenses on its IRS Form 990.
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