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Filing year 2023

CHARTER SCHOOLS DEVELOPMENT CORPORATION

Hanover, Maryland·EIN 52-2063496·NTEE B99 · Education·501(c)(3)
Total revenue
$25M
Total assets
$153.8M
Total expenses
$8.9M
Reported officers
20
Mission

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
$531k
Base
$435k
Bonus
$19k
Other
Benefits
$10k
Chief Operating Officer
Above 90th percentilevs Education peers nationwide
$418k
$459k
Base
$287k
Bonus
$75k
Other
Benefits
$37k
Chief Development Officer
Above 90th percentilevs Education peers nationwide
$395k
$434k
Base
$268k
Bonus
$70k
Other
Benefits
$31k
Chief of Staff
Highest Compensated Employee
Above 90th percentile
$333k
$366k
Base
$230k
Bonus
$65k
Other
Benefits
$38k
Vice President
75th to 90th percentilevs Education peers nationwide
$261k
$287k
Base
$173k
Bonus
$45k
Other
Benefits
$30k
Senior Vice President
Median to 75th percentilevs Education peers nationwide
$261k
$287k
Base
$183k
Bonus
$48k
Other
Benefits
$12k
VP of Accounting (outgoing)
Vice President
Median to 75th percentilevs Education peers nationwide
$217k
$238k
Base
$132k
Bonus
$45k
Other
Benefits
$28k
Project Accounting Manager
Project Manager
Median to 75th percentilevs all sectors nationwide
$138k
$151k
Facilities Manager
Highest Compensated Employee
10th to 25th percentile
$137k
$151k
Accounting Manager
Median to 75th percentilevs all sectors nationwide
$136k
$149k
Business Analyst
Highest Compensated Employee
10th to 25th percentile
$132k
$145k
VP of Accounting (incoming)
Vice President
25th percentile to medianvs Education peers nationwide
$56k
$61k
Chair
Board Chair
25th percentile to medianvs Education peers nationwide
$18k
$19k
Director & Secretary
Officer (Unspecified)
$15k
$17k
Vice Chair
Board Vice Chair
25th percentile to medianvs Education peers nationwide
$14k
$16k
Director
Board Member
10th to 25th percentile
$13k
$14k
Director
Board Member
10th to 25th percentile
$13k
$14k
Director
Board Member
10th to 25th percentile
$12k
$13k
Director
Board Member
10th to 25th percentile
$10k
$11k
Director & Treasurer
Officer (Unspecified)
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Baltimore-Columbia-Towson, MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Education

Pay in context

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.

FAQ

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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