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Filing year 2023

Elizabeth Development Company of New Jersey

Elizabeth, New Jersey·EIN 22-2164287·NTEE S300 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.2M
Total assets
$20.8M
Total expenses
$2.8M
Reported officers
22
Mission

Job creation, attracting & retaining businesses and other economic development activities by providing grants and below-market rate loan programs through Urban Enterprise

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.

Executive Director
Median to 75th percentilevs Community Improvement & Capacity Building peers in New Jersey
$168k
$187k
Base
$168k
Bonus
Other
Benefits
Deputy Exec. Director of Finance and Admin
Median to 75th percentile
$130k
$146k
Director of Neighborhood Revitalization
Key Employee
25th percentile to median
$111k
$124k
Dir Uez & Financial Programs
Key Employee
25th percentile to median
$102k
$114k

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 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 Elizabeth Development Company of New Jersey equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
6%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 18%
from 2022

From $143k in 2022 to $168k in 2023.

$143k
2022
$168k
2023
In today's dollarsEst.
Up 14% in real terms$165k to $187k

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 18% from 2022 to 2023, while revenue fell 43%.

$143k in 2022 to $168k in 2023.
  • Key Employee pay fell 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

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

FAQ

Common questions about Elizabeth Development Company of New Jersey

What does the Chief Executive Officer of Elizabeth Development Company of New Jersey earn?

In 2023, the Chief Executive Officer of Elizabeth Development Company of New Jersey received $167,774 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Jersey, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Elizabeth Development Company of New Jersey compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Jersey, the 2023 pay of the Chief Executive Officer at Elizabeth Development Company of New Jersey falls between the median and the 75th percentile. In 2023, the highest total compensation at Elizabeth Development Company of New Jersey equaled 6% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are Elizabeth Development Company of New Jersey's revenue and expenses?

In 2023, Elizabeth Development Company of New Jersey reported $1.2M in total revenue and $2.8M in total expenses on its IRS Form 990.

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