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Filing year 2023

ECONOMIC DEVELOPMENT CORP OF UTAH

Salt Lake City, Utah·EIN 74-2502619·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$2M
Total assets
$3.5M
Total expenses
$2.9M
Reported officers
32
Mission

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 · Schedule J · 4 reported individuals · Filing year 2023

$235k
$258k
Base
$200k
Bonus
$20k
Other
Benefits
$11k
Svp, Strateg
senior vice president
$177k
$193k
Base
$140k
Bonus
$17k
Other
Benefits
$15k
Svp, Operati
senior vice president
$163k
$178k
Base
$132k
Bonus
$12k
Other
Benefits
$12k

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

Down 8%
from 2022

From $255k in 2022 to $235k in 2023.

$255k
2022
$235k
2023
In today's dollarsEst.
Down 11% in real terms$291k to $258k

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.

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 CORP OF UTAH reported revenue and expenses across 2 filing years.

RevenueExpenses
$3M
$2.9M
2022
$2M
$2.9M
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn

Comparable community improvement & capacity building organizations nationwide pay their highest-earning executive a median of $74,928.

25th percentile
$33k
Median
$74,928
75th percentile
$138k
90th percentile
$234k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 2,512 organizations across 2,512 filings (2021 – 2023).

See full Community Improvement & Capacity Building compensation data
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