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Filing year 2023

BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC

West Palm Beach, Florida·EIN 59-2169828·6
Total revenue
$3.3M
Total assets
$3.7M
Total expenses
$3.1M
Reported officers
58
Mission

TO CREATE JOBS FOR ALL RESIDENTS THROUGH COUNTYWIDE ECONOMIC DEVELOPMENT PROGRAMS SUCH AS RECRUITMENT, RETENTION, AND EXPANSION OF COMPANIES IN PALM BEACH COUNTY.

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 & CEO
Above 90th percentile
$474k
$522k
Base
$329k
Bonus
$125k
Other
Benefits
$20k
VP of Private Funding
Vice President
Median to 75th percentile
$166k
$183k
Base
$106k
Bonus
$14k
Other
$36k
Benefits
$10k
VP of Business Recruitemen
Vice President
Median to 75th percentile
$127k
$140k
Senior VP of Administratio
Senior Vice President
10th to 25th percentile
$115k
$127k
VP of Economic Development
Vice President
Median to 75th percentile
$111k
$122k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 53 unpaid individuals.

Up 9%
from 2022

From $436k in 2022 to $474k in 2023.

$436k
2022
$474k
2023
In today's dollarsEst.
Up 1% in real terms$517k to $522k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 9% from 2022 to 2023, while revenue fell 2%.

$436k in 2022 to $474k in 2023.
  • Vice President pay rose 8% from 2022 to 2023.
  • Senior Vice President pay fell 15% 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

BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.4M
$3M
2022
$3.3M
$3.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC

What does the Chief Executive Officer of BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC earn?

In 2023, the Chief Executive Officer of BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC received $473,577 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC falls in the top 10%.

What are BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC's revenue and expenses?

In 2023, BUSINESS DEVELOPMENT BOARD OF PALM BEACH COUNTY INC reported $3.3M in total revenue and $3.1M in total expenses on its IRS Form 990.

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