Community Improvement · NC
Lake Norman Community Development
Lake Norman Community Development reported paying Michelle Hoverson, Executive Di, $46,500 in total compensation (FY 2024).
That places Michelle Hoverson at approximately the 24th percentile among 105 similarly sized community improvement nonprofits (median $83,021).
$498,609Total revenue (FY 2024)
$46,500Total executive compensation
24thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Lake Norman Community Development — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable community improvement nonprofits
Compensation is normalized to NC cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Colorado Thrives | CO | $497,226 | $158,346 |
| Rebuilding Together Metro Denver Inc | CO | $501,462 | $103,705 |
| Atlantic Avenue District Management | NY | $503,378 | $88,328 |
| Great River Economic Dev Foundation | IL | $503,489 | $97,716 |
| Downtown Encinitas Mainstreet Assoc | CA | $508,881 | $81,025 |
| Midlands Latino Community Development | NE | $483,552 | $120,885 |
| Avatar Non-profit Inc | FL | $475,621 | $4,546 |
| The Downtown Shareholders Of Kansas | KS | $521,757 | $59,650 |