TO BENEFIT THE COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE CITY OF BOSTON. BLDC ACCOMPLISHES THIS BY PROVIDING LONG-TERM FINANCING TO FIRMS AND COMPANIES LOCATED IN THE CITY OF BOSTON, MASSACHUSETTS.
Executive compensation
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Massachusetts.
| Position | Total |
|---|---|
General Counsel Officer (Unspecified) | $64k $71k |
Controller 10th to 25th percentilevs Community Improvement & Capacity Building peers nationwide | $58k $64k |
Treasurer 25th percentile to median | $49k $54k |
General Manager Below 10th percentilevs all sectors nationwide | $48k $53k |
Sr. Manager for Small Business/corporate Financing Officer (Unspecified) | $33k $36k |
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.
Plus 9 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at BOSTON LOCAL DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Up 44%
from 2022
From $45k in 2022 to $64k 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.
Chief Financial Officer pay rose 11% from 2022 to 2023, while revenue fell 12%.
- General Manager pay rose 37% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about BOSTON LOCAL DEVELOPMENT CORPORATION
What does the Controller of BOSTON LOCAL DEVELOPMENT CORPORATION earn?
In 2023, the Controller of BOSTON LOCAL DEVELOPMENT CORPORATION received $57,729 in total compensation. This pay is in the bottom quarter for Controller roles among Community Improvement & Capacity Building organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Controller pay at BOSTON LOCAL DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Controller at BOSTON LOCAL DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at BOSTON LOCAL DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are BOSTON LOCAL DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, BOSTON LOCAL DEVELOPMENT CORPORATION reported $1.7M in total revenue and $1.2M in total expenses on its IRS Form 990.
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