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Filing year 2024

ASCENSION ECONOMIC DEVELOPMENT CORPORATION

Gonzales, Louisiana·EIN 30-0340663·501(c)(6)
Total revenue
$595k
Total assets
$1.3M
Total expenses
$536k
Reported officers
15
Mission

AEDC IS RESPONSIBLE FOR IMPLEMENTING ECONOMIC DEVELOPMENT PROGRAMS TO THE BENEFIT OF THE CITIZENS OF ASCENSION PARISH, LOUISIANA.

Executive compensation, broken down

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 nonprofits nationwide, across all sectors.

President & CEO
75th to 90th percentile
$177k
$188k
Base
$159k
Bonus
Other
Benefits
$11k

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 14 unpaid individuals.

Up 18%
from 2023

From $150k in 2023 to $177k in 2024.

$150k
2023
$177k
2024
In today's dollarsEst.
Up 15% in real terms$164k to $188k

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 18% from 2023 to 2024, while revenue rose 11%.

$150k in 2023 to $177k 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.
Financial trend

Revenue and expenses over time

ASCENSION ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$537k
$480k
2023
$595k
$536k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ASCENSION ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of ASCENSION ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of ASCENSION ECONOMIC DEVELOPMENT CORPORATION received $177,339 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 ASCENSION ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ASCENSION ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles.

What are ASCENSION ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, ASCENSION ECONOMIC DEVELOPMENT CORPORATION reported $595k in total revenue and $536k in total expenses on its IRS Form 990.

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