EASTERN MARKET DEVELOPMENT CORPORATION IS A MICHIGAN NON-PROFIT CORPORATION ORGANIZED TO DEVELOP BUSINESSES AND OTHER RESOURCES WITHIN THE EASTERN MARKET DISTRICT.
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 Michigan.
| Position | Total |
|---|---|
CEO (term 12/2024) Below 10th percentile | $11k $12k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Detroit-Warren-Dearborn, MI metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 20 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at EASTERN MARKET DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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.
Chief Executive Officer pay rose 326% from 2023 to 2024, while revenue rose 1688%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about EASTERN MARKET DEVELOPMENT CORPORATION
What does the Chief Executive Officer of EASTERN MARKET DEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of EASTERN MARKET DEVELOPMENT CORPORATION received $11,070 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Michigan: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at EASTERN MARKET DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Michigan, the 2024 pay of the Chief Executive Officer at EASTERN MARKET DEVELOPMENT CORPORATION falls in the bottom 10%. In 2024, the highest total compensation at EASTERN MARKET DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are EASTERN MARKET DEVELOPMENT CORPORATION's revenue and expenses?
In 2024, EASTERN MARKET DEVELOPMENT CORPORATION reported $6.2M in total revenue and $129k in total expenses on its IRS Form 990.
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