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Filing year 2023

CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION

Pittsboro, North Carolina·EIN 56-2048401·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$532k
Total assets
$1.3M
Total expenses
$648k
Reported officers
15
Mission

BUILDING ON THE COUNTY'S STRATEGIC LOCATION BETWEEN THE TRIAD AND TRIANGLE, EDC IS POSITIONING CHATHAM AS THE PREFERRED LOCATION FOR EMERGING GROWTH COMPANIES. THE POLICY-DRIVEN APPROACH FOCUSES ON TARGETED ATTRACTION, RETENTION, AND ENTREPRENEURSHIP TO IMPROVE THE LIVES OF COUNTY RESIDENTS. EDC SUPPORTS INFRASTRUCTURE IMPROVEMENTS AND PRESERVATION OF THE COUNTY'S STRONG QUALITY OF PLACE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President
75th to 90th percentile
$153k
$167k
Base
$153k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 14 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
24%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 6%
from 2022

From $163k in 2022 to $153k in 2023.

$163k
2022
$153k
2023
In today's dollarsEst.
Down 10% in real terms$185k to $167k

Estimated with BLS CPI-U for the South 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 fell 6% from 2022 to 2023, while revenue rose 3%.

$163k in 2022 to $153k 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.

Among peers

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

FAQ

Common questions about CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION received $153,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2023 pay of the Chief Executive Officer at CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, CHATHAM COUNTY ECONOMIC DEVELOPMENT CORPORATION reported $532k in total revenue and $648k in total expenses on its IRS Form 990.

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