THE PURPOSE OF THE ORGANIZATION IS TO SERVE AS A REAL ESTATE DEVELOPMENT AND FINANCING NON-PROFIT CORPORATION TO STRENGTHEN THE CORE ASSETS OF THE DOWNTOWN ERIE AND DRIVE REVITALIZATION ACROSS THE REGION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $129k
- Bonus
- $60k
- Other
- —
- Benefits
- $660
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Former CEO Former Officer/director/trustee 75th to 90th percentile | $129k | $60k | — | $660 | $216k $241k |
Controller Median to 75th percentile | — | — | — | — | $142k $159k |
CEO Median to 75th percentilevs Community Improvement & Capacity Building peers in Pennsylvania | — | — | — | — | $124k $138k |
Direc of Ope Officer (Unspecified) | — | — | — | — | $105k $118k |
Experience D Officer (Unspecified) | — | — | — | — | $95k $106k |
Food & Bever Officer (Unspecified) | — | — | — | — | $92k $103k |
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.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at ERIE DOWNTOWN DEVELOPMENT CORPORATION equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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.
Common questions about ERIE DOWNTOWN DEVELOPMENT CORPORATION
What does the Former Officer/director/trustee of ERIE DOWNTOWN DEVELOPMENT CORPORATION earn?
In 2023, the Former Officer/director/trustee of ERIE DOWNTOWN DEVELOPMENT CORPORATION received $215,911 in total compensation. This pay is in the top quarter for Former Officer/director/trustee roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Former Officer/director/trustee pay at ERIE DOWNTOWN DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Former Officer/director/trustee at ERIE DOWNTOWN DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ERIE DOWNTOWN DEVELOPMENT CORPORATION equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are ERIE DOWNTOWN DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, ERIE DOWNTOWN DEVELOPMENT CORPORATION reported $1.6M in total revenue and $2.6M in total expenses on its IRS Form 990.
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