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Filing year 2023

FLORIDA BUSINESS DEVELOPMENT CORP

Tampa, Florida·EIN 65-0179159·NTEE S43 · Community Improvement & Capacity Building·501(c)(4)
Total revenue
$14.6M
Total assets
$38.3M
Total expenses
$12.6M
Reported officers
36
Mission

ASSIST HEALTHY, GROWING SMALL BUSINESSES ACCESS CAPITAL VIA THE SBA 504, COMMUNITY ADVANTAGE AND DIRECT LOAN PROGRAMS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 36 reported individuals · Filing year 2023

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

President and Treasurer
Board President
Above 90th percentile
$613k
$664k
Base
$300k
Bonus
$250k
Other
Benefits
$26k
Executive Vice President
75th to 90th percentile
$421k
$455k
Base
$250k
Bonus
$107k
Other
Benefits
$26k
Executive Vice President
75th to 90th percentile
$413k
$448k
Base
$225k
Bonus
$143k
Other
Benefits
$9k
Senior Vice President
75th to 90th percentile
$367k
$397k
Base
$192k
Bonus
$112k
Other
Benefits
$25k
Senior Vice President
75th to 90th percentile
$340k
$368k
Base
$149k
Bonus
$139k
Other
Benefits
$17k
Key Employee
75th to 90th percentile
$298k
$323k
Base
$170k
Bonus
$74k
Other
Benefits
$22k
Senior Vice President
Median to 75th percentile
$295k
$320k
Base
$167k
Bonus
$75k
Other
Benefits
$26k
Vice President
Above 90th percentile
$274k
$297k
Base
$170k
Bonus
$49k
Other
Benefits
$26k
Vice President
75th to 90th percentile
$217k
$235k
Base
$154k
Bonus
$24k
Other
Benefits
$18k
Key Employee
Median to 75th percentile
$213k
$230k
Base
$127k
Bonus
$38k
Other
Benefits
$26k
Vice President
75th to 90th percentile
$200k
$216k
Base
$132k
Bonus
$22k
Other
Benefits
$26k
Vice President
75th to 90th percentile
$199k
$216k
Base
$100k
Bonus
$59k
Other
Benefits
$18k
Vice President and Secretary
Vice President
75th to 90th percentile
$196k
$212k
Base
$139k
Bonus
$20k
Other
Benefits
$18k
Vice President
75th to 90th percentile
$188k
$204k
Base
$134k
Bonus
$24k
Other
Benefits
$9k
Vice President
75th to 90th percentile
$180k
$194k
Base
$132k
Bonus
$20k
Other
Benefits
$9k
Vice President
75th to 90th percentile
$167k
$180k
Base
$108k
Bonus
$24k
Other
Benefits
$18k
Assistant Secretary
Secretary (Operational)
75th to 90th percentile
$151k
$164k
Base
$93k
Bonus
$19k
Other
Benefits
$26k
Assistant Secretary
Secretary (Operational)
75th to 90th percentile
$140k
$151k
Vice President
Median to 75th percentile
$136k
$147k
Assistant Secretary
Secretary (Operational)
75th to 90th percentile
$124k
$134k
Assistant Vice President
Vice President
Median to 75th percentile
$118k
$128k
Assistant Secretary
Secretary (Operational)
Median to 75th percentile
$101k
$110k
Assistant Secretary
Secretary (Operational)
Median to 75th percentile
$58k
$63k
Assistant Secretary
Secretary (Operational)
25th percentile to median
$39k
$42k
Chairperson
Board Chair
25th percentile to median
$12k
$13k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$10k
$11k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k
Director
Board Member
25th percentile to median
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Tampa-St. Petersburg-Clearwater, FL metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FLORIDA BUSINESS DEVELOPMENT CORP equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
5%
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 2%
from 2022

From $602k in 2022 to $613k in 2023.

$602k
2022
$613k
2023
In today's dollarsEst.
Down 5% in real terms$696k to $664k

Estimated with Tampa-St. Petersburg-Clearwater, FL metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 2% from 2022 to 2023, while revenue rose 9%.

$602k in 2022 to $613k in 2023.
  • Executive Vice President pay fell 13% from 2022 to 2023.
  • Senior Vice President pay fell 3% 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 FLORIDA BUSINESS DEVELOPMENT CORP

What does the Board President of FLORIDA BUSINESS DEVELOPMENT CORP earn?

In 2023, the Board President of FLORIDA BUSINESS DEVELOPMENT CORP received $613,149 in total compensation. This pay is in the top 10% for Board President roles among Community Improvement & Capacity Building organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at FLORIDA BUSINESS DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board President at FLORIDA BUSINESS DEVELOPMENT CORP falls in the top 10%. In 2023, the highest total compensation at FLORIDA BUSINESS DEVELOPMENT CORP equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FLORIDA BUSINESS DEVELOPMENT CORP's revenue and expenses?

In 2023, FLORIDA BUSINESS DEVELOPMENT CORP reported $14.6M in total revenue and $12.6M in total expenses on its IRS Form 990.

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