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Filing year 2023

CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP

Montpelier, Vermont·EIN 03-0260892·501(c)(6)
Total revenue
$1.8M
Total assets
$666k
Total expenses
$1.7M
Reported officers
25
Mission

INDUSTRIAL AND COMMERCIAL DEVELOPMENT.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Executive Di
25th percentile to median
$83k
$93k
Prior Exec D
Officer (Unspecified)
$24k
$26k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 23 unpaid individuals.

Down 10%
from 2022

From $93k in 2022 to $83k in 2023.

$93k
2022
$83k
2023
In today's dollarsEst.
Down 13% in real terms$107k to $93k

Estimated with BLS CPI-U for the Northeast region, 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 46% from 2022 to 2023, while revenue rose 320%.

$57k in 2022 to $83k in 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

CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$420k
$451k
2022
$1.8M
$1.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP

What does the Chief Executive Officer of CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP earn?

In 2023, the Chief Executive Officer of CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP received $83,429 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP falls between the 25th percentile and the median.

What are CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2023, CENTRAL VERMONT ECONOMIC DEVELOPMENT CORP reported $1.8M in total revenue and $1.7M in total expenses on its IRS Form 990.

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