TO STIMULATE NEW ECONOMIC DEVELOPMENT IN ONE OF BOSTON'S MOST UNDERDEVELOPED NEIGHBORHOODS, AS WELL AS TO LOCATE A NEW BOSTON PUBLIC SCHOOLS ("BPS") HEADQUARTERS IN THE DEMOGRAPHIC CENTER OF BOSTON'S SCHOOL POPULATION. THE MOST SIGNIFICANT ACTIVITIES HAVE BEEN TO ACQUIRE THE SITE, FINANCE, CONSTRUCT AND LEASE A 215,000 SQUARE FOOT BUILDING IN DUDLEY SQUARE IN BOSTON, MA, TO BE LEASED TO THE CITY OF BOSTON AND OCCUPIED BY BPS.
Executive compensation
Form 990 · Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Massachusetts.
| Position | Total |
|---|---|
Treasurer/chief of Operations Officer (Unspecified) | $31k $34k |
President/cfo, Collector-treas Below 10th percentile | $27k $30k |
Secretary/cheif of Economic Op Officer (Unspecified) | $12k $13k |
1st Asst. Collector-treasurer Below 10th percentile | $10k $11k |
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.
Top pay as a share of expenses
In 2023, the highest total compensation at FERDINAND BUILDING DEVELOPMENT CORPORATION equaled 1,762% of the organization's total expenses. The median for education organizations is 6%.
Based on 24,392 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 4%
from 2022
From $30k in 2022 to $31k in 2023.
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.
Chief Financial Officer pay rose 173% from 2022 to 2023, while revenue rose 43%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about FERDINAND BUILDING DEVELOPMENT CORPORATION
What does the Chief Executive Officer of FERDINAND BUILDING DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of FERDINAND BUILDING DEVELOPMENT CORPORATION received $27,099 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Massachusetts: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at FERDINAND BUILDING DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Education organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at FERDINAND BUILDING DEVELOPMENT CORPORATION falls in the bottom 10%. In 2023, the highest total compensation at FERDINAND BUILDING DEVELOPMENT CORPORATION equaled 1,762% of the organization's total expenses. The median for education organizations is 6%.
What are FERDINAND BUILDING DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, FERDINAND BUILDING DEVELOPMENT CORPORATION reported $234k in total revenue and $2k in total expenses on its IRS Form 990.
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