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Filing year 2024

ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY

Lancaster, Pennsylvania·EIN 23-6402651·6
Total revenue
$2.2M
Total assets
$3.4M
Total expenses
$1.9M
Reported officers
21
Mission

ENHANCE THE ECONOMIC WELL-BEING OF LANCASTER COUNTY BY BRINGING TOGETHER BUSINESS RESOURCES, CAPITAL AND GOVERNMENT FOR SELECTIVE, MEASURABLE AND SUSTAINABLE GROWTH.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$166k
$179k
Base
$142k
Bonus
Other
Benefits
$3k
Vice Preside
Vice President
Median to 75th percentile
$145k
$157k
Vice Preside
Vice President
Median to 75th percentile
$131k
$141k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Up 16%
from 2023

From $142k in 2023 to $166k in 2024.

$142k
2023
$166k
2024
In today's dollarsEst.
Up 13% in real terms$159k to $179k

Estimated with BLS CPI-U for the Northeast 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 48% from 2023 to 2024, while revenue rose 38%.

$112k in 2023 to $166k in 2024.
  • Vice President pay rose 2% from 2023 to 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.
Financial trend

Revenue and expenses over time

ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.6M
$1.7M
2023
$2.2M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY

What does the Chief Executive Officer of ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY earn?

In 2024, the Chief Executive Officer of ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY received $165,625 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY falls between the median and the 75th percentile.

What are ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY's revenue and expenses?

In 2024, ECONOMIC DEVELOPMENT COMPANY OF LANCASTER COUNTY reported $2.2M in total revenue and $1.9M in total expenses on its IRS Form 990.

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