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Charter Schools Development Corporation

Hanover, Maryland·EIN 52-2063496·NTEE B99 · Education·501(c)(3)·Filing year 2023

Charter Schools Development Corporation's highest-paid officer, the President/ceo, was reported at $483,015 for 2023 (IRS Form 990), including base pay and other compensation.

Total revenue
$25M
Total assets
$153.8M
Total expenses
$8.9M
Reported officers
20

CSDC IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) ESTABLISHED TO ASSIST PUBLIC CHARTER SCHOOLS IN THE ACQUISITION AND FINANCING OF EDUCATIONAL FACILITIES AND RELATED CAPITAL IMPROVEMENTS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 20 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Maryland.

President/ceo
Above 90th percentile
$483k
Base
$435k
Bonus
$19k
Other
—
Benefits
$10k
Chief Operating Officer
Above 90th percentilevs Education peers nationwide
$418k
Base
$287k
Bonus
$75k
Other
—
Benefits
$37k
Chief Development Officer
Above 90th percentilevs Education peers nationwide
$395k
Base
$268k
Bonus
$70k
Other
—
Benefits
$31k
Chief of Staff
Highest Compensated Employee
Above 90th percentile
$333k
Base
$230k
Bonus
$65k
Other
—
Benefits
$38k
Vice President
75th to 90th percentilevs Education peers nationwide
$261k
Base
$173k
Bonus
$45k
Other
—
Benefits
$30k
Senior Vice President
Median to 75th percentilevs Education peers nationwide
$261k
Base
$183k
Bonus
$48k
Other
—
Benefits
$12k
VP of Accounting (outgoing)
Vice President
Median to 75th percentilevs Education peers nationwide
$217k
Base
$132k
Bonus
$45k
Other
—
Benefits
$28k
Project Accounting Manager
Median to 75th percentilevs all sectors nationwide
$138k
Facilities Manager
Highest Compensated Employee
10th to 25th percentile
$137k
Accounting Manager
Median to 75th percentilevs all sectors nationwide
$136k
Business Analyst
Highest Compensated Employee
10th to 25th percentile
$132k
VP of Accounting (incoming)
Vice President
25th percentile to medianvs Education peers nationwide
$56k
Chair
Board Chair
25th percentile to medianvs Education peers nationwide
$18k
Director & Secretary
Officer (Unspecified)
$15k
Vice Chair
Board Vice Chair
25th percentile to medianvs Education peers nationwide
$14k
Director
Board Member
10th to 25th percentile
$13k
Director
Board Member
10th to 25th percentile
$13k
Director
Board Member
10th to 25th percentile
$12k
Director
Board Member
10th to 25th percentile
$10k
Director & Treasurer
Officer (Unspecified)
$8k

Browse compensation in Education →

Top pay as a share of expenses

In 2023, the highest total compensation at Charter Schools Development Corporation equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

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

Common questions about Charter Schools Development Corporation

What does the Chief Executive Officer of Charter Schools Development Corporation earn?

In 2023, the Chief Executive Officer of Charter Schools Development Corporation received $483,015 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in Maryland: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Charter Schools Development Corporation compare with similar nonprofits?

Compared with the same role at Education organizations in Maryland, the 2023 pay of the Chief Executive Officer at Charter Schools Development Corporation falls in the top 10%. In 2023, the highest total compensation at Charter Schools Development Corporation equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are Charter Schools Development Corporation's revenue and expenses?

In 2023, Charter Schools Development Corporation reported $25M in total revenue and $8.9M in total expenses on its IRS Form 990.

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