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Filing year 2024

WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION

Worcester, Massachusetts·EIN 04-3265642·NTEE A99 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$5.7M
Total assets
$8M
Total expenses
$1.1M
Reported officers
19
Mission

SUPPORT THE CHARITABLE PURPOSES OF THE WORCESTER REGIONAL CHAMBER OF COMMERCE (THE CHAMBER) BY: 1) DEVELOPING AND DELIVERING RELEVANT PROGRAMS AND SERVICES TO THE CHAMBER, ITS AFFILIATES, LOCAL BUSINESS COMMUNITY AND GENERAL PUBLIC; AND 2) LESSENING THE BURDENS OF GOVERNMENT BY COMBATTING COMMUNITY DETERIORATION AND ENABLING ECONOMIC DEVELOPMENT BY SUPPORTING DISTRESSED AREAS WITHIN THE SERVICE AREAS OF THE CHAMBER.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations nationwide.

Executive Vice President
Below 10th percentile
$14k
$15k
VP Membership Development & Finance
Board Vice President
10th to 25th percentile
$2k
$3k
President
Below 10th percentilevs Arts, Culture & Humanities peers in Massachusetts
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
1%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $13k in 2023 to $14k in 2024.

$13k
2023
$14k
2024
In today's dollarsEst.
Roughly flat in real terms$15k to $15k

Estimated with BLS CPI-U for the Northeast 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 held roughly steady from 2023 to 2024, while revenue rose 181%.

$2k in 2023 to $2k 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.

Among peers

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

FAQ

Common questions about WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION

What does the Executive Vice President of WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION earn?

In 2024, the Executive Vice President of WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION received $13,873 in total compensation. This pay is in the bottom 10% for Executive Vice President roles among Arts, Culture & Humanities organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Executive Vice President pay at WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Executive Vice President at WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION falls in the bottom 10%. In 2024, the highest total compensation at WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION equaled 1% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

What are WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION's revenue and expenses?

In 2024, WORCESTER REGIONAL STRATEGIC OPPORTUNITIES FOUNDATION reported $5.7M in total revenue and $1.1M in total expenses on its IRS Form 990.

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