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Filing year 2023

ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC

Panama City, Florida·EIN 45-4008525·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$768k
Total assets
$384k
Total expenses
$823k
Reported officers
29
Mission

THE BAY ECONOMIC DEVELOPMENT ALLIANCE (EDA) IS A PUBLIC/PRIVATE NOT-FOR- PROFIT ORGANIZATION DEDICATED TO CREATING NEW QUALITY JOBS WHICH INCREASE THE WEALTH IN THE COMMUNITY WHILE SUSTAINING AND GROWING THE EXISTING ECONOMIC BASE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

President
75th to 90th percentile
$168k
$183k
Base
$168k
Bonus
Other
Benefits
Vice Preside
Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$132k
$144k

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 27 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 ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC equaled 20% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
20%
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.

Up 6%
from 2022

From $158k in 2022 to $168k in 2023.

$158k
2022
$168k
2023
In today's dollarsEst.
Up 1% in real terms$181k to $183k

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 6% from 2022 to 2023, while revenue rose 4%.

$158k in 2022 to $168k 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 ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC

What does the Chief Executive Officer of ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC earn?

In 2023, the Chief Executive Officer of ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC received $167,660 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Florida, the 2023 pay of the Chief Executive Officer at ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC equaled 20% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC's revenue and expenses?

In 2023, ECONOMIC DEVELOPMENT ALLIANCE OF BAY COUNTY INC reported $768k in total revenue and $823k in total expenses on its IRS Form 990.

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