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Filing year 2023

Bronx Overall Economic Development Corporation

Bronx, New York·EIN 13-3079387·3
Total revenue
$2.8M
Total assets
$26.3M
Total expenses
$3.8M
Reported officers
18
Mission

Bronx Overall Economic Development Corporation (the "Corporation") is a New York nonprofit organization, organized in 1981. The Corporation was established to promote economic growth in the Bronx, New York by providing loans and grants to businesses located in the Bronx, consulting services to present and future companies, and on-the-job training. The Corporation is funded primarily through governmental and foundation grants and contributions.

Executive compensation, broken down

Form 990 · Schedule J · 5 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
$216k
$242k
Base
$216k
Bonus
Other
Benefits
Chief Financial Officer
Median to 75th percentile
$148k
$166k
Executive Director
Median to 75th percentile
$105k
$118k
Chief Financial Officer
25th percentile to median
$66k
$74k
Vice President
25th percentile to median
$20k
$22k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Up 50%
from 2022

From $144k in 2022 to $216k in 2023.

$144k
2022
$216k
2023
In today's dollarsEst.
Up 45% in real terms$167k to $242k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 429% from 2022 to 2023, while revenue rose 64%.

$41k in 2022 to $216k in 2023.
  • Chief Financial Officer pay rose 3% from 2022 to 2023.
  • Vice President pay held roughly steady 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

Bronx Overall Economic Development Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$2.2M
2022
$2.8M
$3.8M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Bronx Overall Economic Development Corporation

What does the Chief Executive Officer of Bronx Overall Economic Development Corporation earn?

In 2023, the Chief Executive Officer of Bronx Overall Economic Development Corporation received $215,692 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 Bronx Overall Economic Development Corporation compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Bronx Overall Economic Development Corporation falls between the 75th and 90th percentiles.

What are Bronx Overall Economic Development Corporation's revenue and expenses?

In 2023, Bronx Overall Economic Development Corporation reported $2.8M in total revenue and $3.8M in total expenses on its IRS Form 990.

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