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Filing year 2024

EAST MARKET STREET DEVELOPMENT CORPORATION

Greensboro, North Carolina·EIN 56-2039492·NTEE S20 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$2.6M
Total expenses
$564k
Reported officers
16
Mission

OFFERS COMPREHENSIVE REVITALIZATION SERVICES IN EAST GREENSBORO, NC THAT CREATE AND SUSTAIN ASSETS THROUGH ECONOMIC, BUSINESS AND COMMUNITY DEVELOPMENT SERVICES AND PROGRAMS. THE CORPORATION IS HELPING REBUILD THE BUSINESS COMMUNITY IN EAST GREENSBORO THROUGH TWO OF ITS COMMITTEES, THE BUSINESS DEVELOPMENT COMMITTEE (BDC) AND THE ECONOMIC REVITALIZATION COMMITTEE(ERC).

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
Median to 75th percentile
$100k
$106k

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 15 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EAST MARKET STREET DEVELOPMENT CORPORATION equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
18%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 12%
from 2023

From $89k in 2023 to $100k in 2024.

$89k
2023
$100k
2024
In today's dollarsEst.
Up 9% in real terms$97k to $106k

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 rose 12% from 2023 to 2024, while revenue rose 89%.

$89k in 2023 to $100k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 EAST MARKET STREET DEVELOPMENT CORPORATION

What does the Chief Executive Officer of EAST MARKET STREET DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of EAST MARKET STREET DEVELOPMENT CORPORATION received $100,000 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EAST MARKET STREET DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2024 pay of the Chief Executive Officer at EAST MARKET STREET DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2024, the highest total compensation at EAST MARKET STREET DEVELOPMENT CORPORATION equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are EAST MARKET STREET DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, EAST MARKET STREET DEVELOPMENT CORPORATION reported $1.1M in total revenue and $564k in total expenses on its IRS Form 990.

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