Domainnamewire News：ICANN (Internet Corporation for Assigned Names and Numbers) has published its Form 990 tax return for the fiscal year ending June 30, 2024, detailing the organization’s revenue, salaries, and contractor payments.
Revenue Growth but Tax Loss Reported
ICANN’s total tax-based revenue for the fiscal year was $184.8 million, an increase from $163.7 million in the previous year, primarily due to higher investment income. However, the organization reported a tax loss of -$11.9 million.
Salary Increases and Executive Compensation
Total employee salaries rose from $90.8 million to $104.1 million. Six employees had W-2 compensation exceeding $500,000, including:
• John Jeffrey (General Counsel)
• Sally Costerton (Interim President and CEO)
• Gina Villavicencio (SVP, Human Resources)
• Theresa Swinehart (SVP, Global Domains and Strategy)
• Xavier Calvez (CFO)
• James Hedlund (VP, Strategic Programs)
Additionally, Gina Villavicencio received $406,000 in severance pay.
Top Earners Exceed $800,000 in Total Compensation
Three employees earned more than $800,000 when including retirement and nontaxable benefits. Seven other employees had W-2 compensation ranging between $400,000 and $499,000.
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