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Filing year 2024

ALGIERS ECONOMIC DEVELOPMENT FOUNDATION

New Orleans, Louisiana·EIN 72-1275640·NTEE S31 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$319k
Total assets
$140k
Total expenses
$308k
Reported officers
16
Mission

The mission of AEDF is to build a sustainable, business-friendly environment that grows investments and jobs in Westbank New Orleans through advocacy, marketing, and business development, recruitment, and retention.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Louisiana.

Former Executive Director
25th percentile to median
$72k
$76k

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 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ALGIERS ECONOMIC DEVELOPMENT FOUNDATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
23%
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.

Held roughly steady
over 2 years

From $71k in 2022 to $72k in 2024.

$71k
2022
$74k
2023
$72k
2024
In today's dollarsEst.
Down 6% in real terms$81k to $76k

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.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2024, while revenue rose 15%.

$71k in 2022 to $72k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 ALGIERS ECONOMIC DEVELOPMENT FOUNDATION

What does the Chief Executive Officer of ALGIERS ECONOMIC DEVELOPMENT FOUNDATION earn?

In 2024, the Chief Executive Officer of ALGIERS ECONOMIC DEVELOPMENT FOUNDATION received $72,042 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Louisiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALGIERS ECONOMIC DEVELOPMENT FOUNDATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Louisiana, the 2024 pay of the Chief Executive Officer at ALGIERS ECONOMIC DEVELOPMENT FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at ALGIERS ECONOMIC DEVELOPMENT FOUNDATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ALGIERS ECONOMIC DEVELOPMENT FOUNDATION's revenue and expenses?

In 2024, ALGIERS ECONOMIC DEVELOPMENT FOUNDATION reported $319k in total revenue and $308k in total expenses on its IRS Form 990.

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