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Filing year 2023

FOLSOM COMMUNITY DEVELOPMENT CORPORATION

Folsom, California·EIN 68-0377492·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$381k
Total assets
$770k
Total expenses
$532k
Reported officers
7
Mission

THE ORGANIZATION WILL ENCOURAGE SOUND AND BENEFICIAL ECONOMIC DEVELOPMENT IN THE CITY OF FOLSOM BY DEVELOPING AND MANAGING REAL PROPERTY. THE CORPORATION WILL LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING IN DEVELOPING PUBLIC PROPERTIES. THE CORPORATION WILL PROMOTE SOCIAL WELFARE AND COMBAT COMMUNITY DETERIORATION BY DEVELOPING AND MANAGING DISADVANTAGED REAL PROPERTY IN FOLSOM.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Ceo/president
Median to 75th percentile
$204k
$223k
Base
$204k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 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 FOLSOM COMMUNITY DEVELOPMENT CORPORATION equaled 38% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
38%
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 77%
from 2022

From $115k in 2022 to $204k in 2023.

$115k
2022
$204k
2023
In today's dollarsEst.
Up 70% in real terms$131k to $223k

Estimated with BLS CPI-U for the West 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 77% from 2022 to 2023, while revenue rose 8%.

$115k in 2022 to $204k in 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 FOLSOM COMMUNITY DEVELOPMENT CORPORATION

What does the Chief Executive Officer of FOLSOM COMMUNITY DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of FOLSOM COMMUNITY DEVELOPMENT CORPORATION received $203,607 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOLSOM COMMUNITY DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in California, the 2023 pay of the Chief Executive Officer at FOLSOM COMMUNITY DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at FOLSOM COMMUNITY DEVELOPMENT CORPORATION equaled 38% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FOLSOM COMMUNITY DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, FOLSOM COMMUNITY DEVELOPMENT CORPORATION reported $381k in total revenue and $532k in total expenses on its IRS Form 990.

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