IT IS BCDC'S MISSION TO BE THE LENDER OF CHOICE FOR SMALL BUSINESSES, BY INVESTING RESOURCES; BOTH MONETARILY AND PROFESSIONALLY, THAT OFFER CREATIVE FINANCING SOLUTIONS TO PROVIDE POSITIVE ECONOMIC IMPACT WITHIN THE COMMUNITIES WE SERVE.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $212k
- Bonus
- $134k
- Other
- $17k
- Benefits
- $39k
- Base
- $300k
- Bonus
- $45k
- Other
- —
- Benefits
- $34k
- Base
- $163k
- Bonus
- $45k
- Other
- —
- Benefits
- $14k
- Base
- $175k
- Bonus
- $13k
- Other
- —
- Benefits
- $34k
- Base
- $131k
- Bonus
- $76k
- Other
- —
- Benefits
- $825
- Base
- $140k
- Bonus
- $56k
- Other
- —
- Benefits
- $909
- Base
- $130k
- Bonus
- $11k
- Other
- —
- Benefits
- $33k
- Base
- $135k
- Bonus
- $20k
- Other
- —
- Benefits
- $3k
- Base
- $105k
- Bonus
- $10k
- Other
- —
- Benefits
- $28k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive VP / SVP Marketing Executive Vice President 75th to 90th percentile | $212k | $134k | $17k | $39k | $457k $503k |
President and CEO Above 90th percentile | $300k | $45k | — | $34k | $410k $452k |
SVP Marketing Senior Vice President Median to 75th percentile | $163k | $45k | — | $14k | $242k $267k |
CFO 75th to 90th percentile | $175k | $13k | — | $34k | $241k $266k |
VP Marketing Vice President 75th to 90th percentile | $131k | $76k | — | $825 | $228k $251k |
VP Marketing Vice President 75th to 90th percentile | $140k | $56k | — | $909 | $216k $238k |
VP Servicing Vice President 75th to 90th percentile | $130k | $11k | — | $33k | $188k $207k |
VP Underwriting Vice President 75th to 90th percentile | $135k | $20k | — | $3k | $173k $191k |
VP Closing Vice President 75th to 90th percentile | $105k | $10k | — | $28k | $154k $170k |
VP Underwriting Vice President 75th to 90th percentile | — | — | — | — | $140k $154k |
VP Underwriting Vice President 75th to 90th percentile | — | — | — | — | $134k $148k |
Director Board Member Median to 75th percentile | — | — | — | — | $18k $20k |
Chairwoman Board Chair 25th percentile to median | — | — | — | — | $14k $15k |
Vice Chairman Board Vice Chair 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $14k $15k |
Director Board Member 25th percentile to median | — | — | — | — | $7k $8k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Director Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Director Until 03/24 Board Member 25th percentile to median | — | — | — | — | $5k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Down 2%
from 2022
From $468k in 2022 to $457k in 2023.
Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Executive Vice President pay fell 2% from 2022 to 2023, while revenue rose 9%.
- Chief Executive Officer pay rose 9% from 2022 to 2023.
- Senior Vice President pay fell 2% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
BAY COLONY DEVELOPMENT CORP reported revenue and expenses across 2 filing years.
Common questions about BAY COLONY DEVELOPMENT CORP
What does the Executive Vice President of BAY COLONY DEVELOPMENT CORP earn?
In 2023, the Executive Vice President of BAY COLONY DEVELOPMENT CORP received $456,828 in total compensation. This pay is in the top quarter for Executive Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Executive Vice President pay at BAY COLONY DEVELOPMENT CORP compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Executive Vice President at BAY COLONY DEVELOPMENT CORP falls between the 75th and 90th percentiles.
What are BAY COLONY DEVELOPMENT CORP's revenue and expenses?
In 2023, BAY COLONY DEVELOPMENT CORP reported $5M in total revenue and $4.1M in total expenses on its IRS Form 990.
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