THE SPECIFIC PURPOSE OF THIS CORPORATION SHALL BE TO FOSTER ECONOMIC DEVELOPMENT, CREATE OR PRESERVE JOB AND EDUCATION OPPORTUNITIES, TRAIN, STIMULATE GROWTH, EXPANSION AND MODERNIZATIN OF SMALL BUSINESSES.
Executive compensation
Form 990 · 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 New Jersey.
| Position | Total |
|---|---|
President Median to 75th percentile | $99k $107k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 4 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 community improvement & capacity building 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 EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION received $98,670 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2024 pay of the Chief Executive Officer at EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2024, the highest total compensation at EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, EASTERN AMERICAN ECONOMIC DEVELOPMENT CORPORATION reported $407k in total revenue and $560k in total expenses on its IRS Form 990.
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