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Filing year 2023

Downtown Statesville Development Corporation Inc

Statesville, North Carolina·EIN 56-1371833·NTEE S20Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$334k
Total assets
$356k
Total expenses
$306k
Reported officers
18
Mission

DOWNTOWN STATESVEILLE DEVELOPMENT CORPORATION, INC. IS A NONPROFIT ORGANIZATION THAT EXISTS TO PROVIDE LEADERSHIP DEDICATED TO THE HISTORIC PRESERVATION AND ENHANCEMENT OF DOWNTOWN STATESVILLE. OUR ORGANIZATION PROMOTES DOWNTOWN AS THE PRIMARY CENTER FOR ECONOMIC GROWTH OPPORTUNITIES, SOCIAL EXPERIENCES AND CULTURAL ARTS IN STATESVILLE.

Executive compensation

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

Executive Dir.
Officer (Unspecified)
$64k
$70k

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 17 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 Downtown Statesville Development Corporation Inc equaled 21% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
21%
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 39%
from 2022

From $104k in 2022 to $64k in 2023.

$104k
2022
$64k
2023
In today's dollarsEst.
Down 41% in real terms$119k to $70k

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.

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 Downtown Statesville Development Corporation Inc

What are Downtown Statesville Development Corporation Inc's revenue and expenses?

In 2023, Downtown Statesville Development Corporation Inc reported $334k in total revenue and $306k in total expenses on its IRS Form 990.

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