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Filing year 2023

FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION

Fayetteville, North Carolina·EIN 81-0801545·NTEE S40 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$1.1M
Total assets
$1.1M
Total expenses
$1M
Reported officers
12
Mission

THE FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED IN DECEMBER 2015 TO ENGAGE IN ECONOMIC DEVELOPMENT ACTIVITIES INTENDED TO REDUCE THE BURDEN ON GOVERNMENT BY INCREASING THE TAX BASE OF THE COMMUNITY AND CREATE NEW JOBS IN THE CITY OF FAYETTEVILLE AND CUMBERLAND COUNTY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

President & CEO
Above 90th percentile
$235k
$257k
Base
$183k
Bonus
$14k
Other
$10k
Benefits
$10k
Executive VP
Executive Vice President
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$123k
$134k

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 10 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 FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
23%
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.

Up 5%
from 2022

From $224k in 2022 to $235k in 2023.

$224k
2022
$235k
2023
In today's dollarsEst.
Roughly flat in real terms$256k to $257k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2022 to 2023, while revenue rose 3%.

$224k in 2022 to $235k in 2023.
  • Executive Vice President pay rose 4% 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 FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION received $235,451 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 FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%. In 2023, the highest total compensation at FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION equaled 23% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, FAYETTEVILLE CUMBERLAND COUNTY ECONOMIC DEVELOPMENT CORPORATION reported $1.1M in total revenue and $1M in total expenses on its IRS Form 990.

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