The mission of the Bloomfield Development Corporation (BDC) is to build a thriving, diverse community through equitable engagement, with the vision of Bloomfield where everyone can build a home, a business, and a future. The Organization espouses these values:Inclusion: BDC welcomes and values people of all backgrounds, identities, and socioeconomic groups.Livability: BDC advocates for physical accessibility and the overall health of the community.Stewardship: BDC strives to maintain the texture of the neighborhood and embrace Bloomfields historical richness.Transparency: BDC opens their internal processes to the community.Equity: BDC fosters community-oriented development centered on diversity and equal opportunity.Sustainability: BDC efficiently uses resources to maximize benefits to our organization, community, and environment.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2023
| Position | Total |
|---|---|
Former Ex. Dir. Officer (Unspecified) | $62k $69k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 19 unpaid individuals.
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Top pay as a share of expenses
In 2023, the highest total compensation at Bloomfield Development Corporation equaled 25% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Bloomfield Development Corporation
What are Bloomfield Development Corporation's revenue and expenses?
In 2023, Bloomfield Development Corporation reported $276k in total revenue and $247k in total expenses on its IRS Form 990.
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