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Filing year 2023

ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC

Raleigh, North Carolina·EIN 46-4840814·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$42.1M
Total assets
$38.7M
Total expenses
$40.7M
Reported officers
25
Mission

OUR MISSION IS TO IMPROVE THE ECONOMIC WELL-BEING AND QUALITY OF LIFE FOR ALL NORTH CAROLINIANS. WE DO THIS BY COLLABORATING WITH STATE, REGIONAL, LOCAL, AND PRIVATE-SECTOR PARTNERS IN NEW BUSINESS RECRUITMENT, EXISTING EMPLOYER SUPPORT, INTERNATIONAL TRADE AND EXPORT ASSISTANCE, SMALL BUSINESS START-UP COUNSELING, AND TOURISM PROMOTION.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

CEO
Above 90th percentilevs Community Improvement & Capacity Building peers in North Carolina
$463k
$506k
Base
$301k
Bonus
$100k
Other
Benefits
$17k
COO
75th to 90th percentile
$216k
$236k
Base
$179k
Bonus
$21k
Other
Benefits
$6k
VP Business Recruitment
Board Vice President
Median to 75th percentile
$198k
$216k
Base
$163k
Bonus
$21k
Other
Benefits
$6k
VP Marketing
Board Vice President
Median to 75th percentile
$178k
$194k
Base
$148k
Bonus
$15k
Other
Benefits
$7k
VP Tourism
Board Vice President
Median to 75th percentile
$176k
$192k
Base
$142k
Bonus
$14k
Other
Benefits
$12k
Director Business Recruitmnt
Highest Compensated Employee
Median to 75th percentile
$166k
$181k
Base
$127k
Bonus
$22k
Other
Benefits
$17k
Director Finance
Median to 75th percentile
$163k
$178k
Base
$129k
Bonus
$15k
Other
Benefits
$13k

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 18 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 PARTNERSHIP OF NORTH CAROLINA INC equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
1%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

1
ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC2023
$463k
2
SRCCO2024
$391k
3
RURAL ECONOMIC DEVELOPMENT CENTER INC2023
$286k
See full Executive Director compensation rankings across Community Improvement & Capacity Building
FAQ

Common questions about ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC

What does the Chief Executive Officer of ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC earn?

In 2023, the Chief Executive Officer of ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC received $463,029 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in North Carolina: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in North Carolina, the 2023 pay of the Chief Executive Officer at ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC falls in the top 10%. In 2023, the highest total compensation at ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC's revenue and expenses?

In 2023, ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA INC reported $42.1M in total revenue and $40.7M in total expenses on its IRS Form 990.

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