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Filing year 2024

EDC FINANCE CORPORATION

Lancaster, Pennsylvania·EIN 23-2491931·4
Total revenue
$2M
Total assets
$2.7M
Total expenses
$1.3M
Reported officers
15
Mission

TO FACILITATE THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF LANCASTER COUNTY AND ACT AS AN INDUSTRIAL DEVELOPMENT CORPORATION PURSUANT TO THE PA INDUSTRIAL DEVELOPMENT AUTHORITY ACT AND ADMINISTER FUNDS AVAILABLE UNDER THE SMALL BUSINESS FIRST FUND AND SMALL BUSINESS SBA 504 PROGRAM.

Executive compensation

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
10th to 25th percentile
$24k
$26k
Vice Preside
Vice President
25th percentile to median
$8k
$9k
Vice Preside
Vice President
25th percentile to median
$6k
$7k

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 12 unpaid individuals.

Up 65%
from 2023

From $14k in 2023 to $24k in 2024.

$14k
2023
$24k
2024
In today's dollarsEst.
Up 60% in real terms$16k to $26k

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 144% from 2023 to 2024, while revenue rose 56%.

$10k in 2023 to $24k in 2024.
  • Vice President pay rose 9% 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

EDC FINANCE CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.1M
2023
$2M
$1.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about EDC FINANCE CORPORATION

What does the Chief Executive Officer of EDC FINANCE CORPORATION earn?

In 2024, the Chief Executive Officer of EDC FINANCE CORPORATION received $23,734 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at EDC FINANCE CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at EDC FINANCE CORPORATION falls between the 10th and 25th percentiles.

What are EDC FINANCE CORPORATION's revenue and expenses?

In 2024, EDC FINANCE CORPORATION reported $2M in total revenue and $1.3M in total expenses on its IRS Form 990.

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