Skip to main content
Filing year 2024

BUSINESS DEVELOPMENT CORPORATION

South Bend, Indiana·EIN 35-1548607·501(c)(4)
Total revenue
$1M
Total assets
$6.5M
Total expenses
$672k
Reported officers
16
Mission

TO FURTHER ECONOMIC DEVELOPMENT,PRINCIPALLY WITHIN ANY AND ALL COUNTIES LOCATED IN NORTH CENTRAL INDIANA AND SOUTHWEST MICHIGAN.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/co
75th to 90th percentile
$205k
Base
$137k
Bonus
$33k
Other
—
Benefits
—
Accountant/c
Officer (Unspecified)
$102k
President
10th to 25th percentile
$32k

Plus 13 unpaid individuals.

Up 2%
from 2023

From $201k in 2023 to $205k in 2024.

$201k
2023
$205k
2024
Pay for the position

Chief Executive Officer pay rose 2% from 2023 to 2024, while revenue rose 13%.

$201k in 2023 to $205k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$888k
$620k
2023
$1M
$672k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about BUSINESS DEVELOPMENT CORPORATION

What does the Chief Executive Officer of BUSINESS DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of BUSINESS DEVELOPMENT CORPORATION received $204,638 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 BUSINESS DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at BUSINESS DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles.

What are BUSINESS DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, BUSINESS DEVELOPMENT CORPORATION reported $1M in total revenue and $672k in total expenses on its IRS Form 990.

Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.