Skip to main content
Filing year 2023

EDUCATION DEVELOPMENT CENTER INC

Waltham, Massachusetts·EIN 04-2241718·3
Total revenue
$210.8M
Total assets
$124M
Total expenses
$200.1M
Reported officers
35
Mission

Education Development Center, Inc. (EDC), is a global nonprofit organization that advances lasting solutions to improve education, promote health, and expand economic opportunity. Since 1958, we have been a leader in designing, implementing, and evaluating powerful and innovative programs in more than 80 countries around the world.

Executive compensation, broken down

Form 990 · Schedule J · 13 reported individuals · Filing year 2023

President and CEO
$460k
$507k
Base
$418k
Bonus
Other
Benefits
$2k
C.f.o., C.c.o., Sr. V.p.,treasurer
$425k
$468k
Base
$359k
Bonus
Other
Benefits
$30k
Sr. V.p. U.s. Division
key employee
$393k
$432k
Base
$331k
Bonus
Other
Benefits
$28k
Interim President and CEO Eff May 2 2024
$381k
$419k
Base
$337k
Bonus
Other
Benefits
$11k
Sr. V.p., International Development Division
key employee
$380k
$419k
Base
$335k
Bonus
Other
Benefits
$13k
Sr. V.p., General Counsel, Corporate Secretary
secretary (operational)
$367k
$405k
Base
$310k
Bonus
Other
Benefits
$29k
Senior Vice President
senior vice president
$341k
$375k
Base
$286k
Bonus
Other
Benefits
$29k
Chief of Party
highest compensated employee
$340k
$375k
Base
$280k
Bonus
Other
$20k
Benefits
$10k
Chief of Party
highest compensated employee
$337k
$371k
Base
$255k
Bonus
Other
$32k
Benefits
$24k
Vice President, Director of Operations
$318k
$350k
Base
$265k
Bonus
Other
Benefits
$29k
Senior Vice President
senior vice president
$302k
$333k
Base
$251k
Bonus
Other
Benefits
$28k
Director & Interim Chief Human Resources Officer
key employee
$275k
$303k
Base
$225k
Bonus
Other
Benefits
$28k
Sr Vice President, Portfolio Leader
vice president
$274k
$302k
Base
$224k
Bonus
Other
Benefits
$29k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 22 unpaid individuals.

Up 5%
from 2022

From $440k in 2022 to $460k in 2023.

$440k
2022
$460k
2023
In today's dollarsEst.
Up 1% in real terms$502k to $507k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, 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

EDUCATION DEVELOPMENT CENTER INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$201.5M
$192.6M
2022
$210.8M
$200.1M
2023
Total revenue and total expenses from IRS Form 990 filings.
Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.