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Filing year 2023

ALLOY DEVELOPMENT CO INC

Cincinnati, Ohio·EIN 31-1061640·501(c)(4)
Total revenue
$5.3M
Total assets
$6.4M
Total expenses
$5.1M
Reported officers
22
Mission

SERVE AS A COMPREHENSIVE DRIVING FORCE PROMOTING ECONOMIC DEVELOPMENT IN HAMILTON COUNTY, GREATER CINCINNATI AND THE STATE OF OHIO.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
75th to 90th percentile
$280k
$310k
Base
$198k
Bonus
$32k
Other
$1k
Benefits
$39k
Senior Vp, Economic Development
Senior Vice President
25th percentile to median
$203k
$224k
Base
$180k
Bonus
$4k
Other
$1k
Benefits
$10k
Vice President, Commercial Capital
Vice President
75th to 90th percentile
$194k
$214k
Base
$127k
Bonus
$21k
Other
$572
Benefits
$38k
Vice President, Economic Development
Vice President
75th to 90th percentile
$170k
$188k
Base
$133k
Bonus
$2k
Other
$2k
Benefits
$28k
Senior Vp, Finance & Human Resources
Senior Vice President
25th percentile to median
$167k
$185k
Base
$133k
Bonus
$4k
Other
$572
Benefits
$24k
Loan Officer
Highest Compensated Employee
25th percentile to median
$163k
$180k
Base
$101k
Bonus
$46k
Other
$1k
Benefits
$8k
Industrial Development Project Manager
Project Manager
Median to 75th percentile
$144k
$159k
Senior Credit Manager
Highest Compensated Employee
10th to 25th percentile
$127k
$140k
Loan Officer
Highest Compensated Employee
10th to 25th percentile
$125k
$138k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 13 unpaid individuals.

Up 8%
from 2022

From $260k in 2022 to $280k in 2023.

$260k
2022
$280k
2023
In today's dollarsEst.
Up 4% in real terms$298k to $310k

Estimated with BLS CPI-U for the Midwest 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 8% from 2022 to 2023, while revenue fell 20%.

$260k in 2022 to $280k in 2023.
  • Vice President pay rose 31% from 2022 to 2023.
  • Highest Compensated Employee pay rose 9% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ALLOY DEVELOPMENT CO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$6.5M
$6.4M
2022
$5.3M
$5.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ALLOY DEVELOPMENT CO INC

What does the Chief Executive Officer of ALLOY DEVELOPMENT CO INC earn?

In 2023, the Chief Executive Officer of ALLOY DEVELOPMENT CO INC received $280,265 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ALLOY DEVELOPMENT CO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ALLOY DEVELOPMENT CO INC falls between the 75th and 90th percentiles.

What are ALLOY DEVELOPMENT CO INC's revenue and expenses?

In 2023, ALLOY DEVELOPMENT CO INC reported $5.3M in total revenue and $5.1M in total expenses on its IRS Form 990.

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