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Filing year 2023

WAKE FOREST INNOVATION QUARTER CDC

Winstonsalem, North Carolina·EIN 20-0177581·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$75k
Total assets
$30.5M
Total expenses
$11k
Reported officers
7
Mission

TO DEVELOP AND IMPROVE A LOW-INCOME COMMUNITY IN DOWNTOWN WINSTON-SALEM, NC, AND ENGAGE IN ECONOMIC AND RELATED DEVELOPMENT OF A RESEARCH PARK.

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 Community Improvement & Capacity Building organizations nationwide.

Director, VP & Treasurer
Vice President
Above 90th percentile
$1M
$1.1M
Base
$611k
Bonus
$228k
Other
$144k
Benefits
$16k
Director & Chair
Board Chair
Above 90th percentile
$326k
$356k
Secretary (to 6/30/23)
Secretary (Operational)
75th to 90th percentile
$109k
$119k
Director & President
25th percentile to medianvs Community Improvement & Capacity Building peers in North Carolina
$56k
$61k
Asst Secretary (to 10/31/23)
Secretary (Operational)
Median to 75th percentile
$43k
$47k

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 2 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at WAKE FOREST INNOVATION QUARTER CDC equaled 9,465% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
9,465%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WAKE FOREST INNOVATION QUARTER CDC

What does the Vice President of WAKE FOREST INNOVATION QUARTER CDC earn?

In 2023, the Vice President of WAKE FOREST INNOVATION QUARTER CDC received $1,019,508 in total compensation. This pay is in the top 10% for Vice President roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Vice President pay at WAKE FOREST INNOVATION QUARTER CDC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Vice President at WAKE FOREST INNOVATION QUARTER CDC falls in the top 10%. In 2023, the highest total compensation at WAKE FOREST INNOVATION QUARTER CDC equaled 9,465% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are WAKE FOREST INNOVATION QUARTER CDC's revenue and expenses?

In 2023, WAKE FOREST INNOVATION QUARTER CDC reported $75k in total revenue and $11k in total expenses on its IRS Form 990.

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