ECONOMIC DEVELOPMENT CORPORATION OF UTAH (EDCUTAH) SERVES AS A CATALYST FOR QUALITY JOB GROWTH AND INCREASED CAPITAL INVESTMENT BY ASSISTING IN-STATE COMPANIES TO GROW AND RECRUITING OUT-OF-STATE COMPANIES TO EXPAND AND RELOCATE INTO UTAH.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $200k
- Bonus
- $20k
- Other
- —
- Benefits
- $11k
- Base
- $140k
- Bonus
- $17k
- Other
- —
- Benefits
- $15k
- Base
- $132k
- Bonus
- $12k
- Other
- —
- Benefits
- $12k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & 75th to 90th percentile | $200k | $20k | — | $11k | $235k $258k |
Svp, Strateg Senior Vice President 25th percentile to median | $140k | $17k | — | $15k | $177k $193k |
Svp, Operati Senior Vice President 25th percentile to median | $132k | $12k | — | $12k | $163k $178k |
CFO 25th percentile to median | — | — | — | — | $44k $48k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 28 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at ECONOMIC DEVELOPMENT CORP OF UTAH equaled 8% 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.
Down 8%
from 2022
From $255k in 2022 to $235k in 2023.
Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay fell 8% from 2022 to 2023, while revenue fell 31%.
- Chief Financial Officer pay fell 67% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about ECONOMIC DEVELOPMENT CORP OF UTAH
What does the Chief Executive Officer of ECONOMIC DEVELOPMENT CORP OF UTAH earn?
In 2023, the Chief Executive Officer of ECONOMIC DEVELOPMENT CORP OF UTAH received $235,499 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ECONOMIC DEVELOPMENT CORP OF UTAH compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Chief Executive Officer at ECONOMIC DEVELOPMENT CORP OF UTAH falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ECONOMIC DEVELOPMENT CORP OF UTAH equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are ECONOMIC DEVELOPMENT CORP OF UTAH's revenue and expenses?
In 2023, ECONOMIC DEVELOPMENT CORP OF UTAH reported $2M in total revenue and $2.9M in total expenses on its IRS Form 990.
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