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Filing year 2024

CENTER CITY DEVELOPMENT CORPORATION

Richmond, Indiana·EIN 31-1210665·NTEE S200 · Community Improvement & Capacity Building·3
Total revenue
$82k
Total assets
$471k
Total expenses
$108k
Reported officers
9
Mission

TO PROMOTE THE REVITALIZATION OF DOWNTOWN RICHMOND THROUGH LOANS, CONSULTING ON IMPROVEMENTS, AND SPECIAL EVENTS TO INCREASE FOOT TRAFFIC.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Indiana.

Executive Director
Below 10th percentile
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at CENTER CITY DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
7%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay fell 89% from 2023 to 2024, while revenue fell 46%.

$70k in 2023 to $7k in 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about CENTER CITY DEVELOPMENT CORPORATION

What does the Chief Executive Officer of CENTER CITY DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of CENTER CITY DEVELOPMENT CORPORATION received $7,364 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTER CITY DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2024 pay of the Chief Executive Officer at CENTER CITY DEVELOPMENT CORPORATION falls in the bottom 10%. In 2024, the highest total compensation at CENTER CITY DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CENTER CITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, CENTER CITY DEVELOPMENT CORPORATION reported $82k in total revenue and $108k in total expenses on its IRS Form 990.

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