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Filing year 2024

FOUR CORNERS ECONOMIC DEVELOPMENT INC

Farmington, New Mexico·EIN 45-5412749·NTEE S40 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$795k
Total assets
$288k
Total expenses
$807k
Reported officers
6
Mission

SUPPORTING AND BUILDING ECONOMICALLY VIBRANT BUSINESSES AND COMMUNITIES IN THE FOUR CORNERS REGION THROUGH EFFECTIVE PARTNERSHIPS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Executive Di
Above 90th percentile
$202k
$215k
Base
$170k
Bonus
$27k
Other
Benefits
Interim Exec
Officer (Unspecified)
$7k
$7k

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 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FOUR CORNERS ECONOMIC DEVELOPMENT INC equaled 25% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
25%
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 28%
from 2023

From $158k in 2023 to $202k in 2024.

$158k
2023
$202k
2024
In today's dollarsEst.
Up 24% in real terms$173k to $215k

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 28% from 2023 to 2024, while revenue rose 10%.

$158k in 2023 to $202k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 FOUR CORNERS ECONOMIC DEVELOPMENT INC

What does the Chief Executive Officer of FOUR CORNERS ECONOMIC DEVELOPMENT INC earn?

In 2024, the Chief Executive Officer of FOUR CORNERS ECONOMIC DEVELOPMENT INC received $202,224 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Mexico: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOUR CORNERS ECONOMIC DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New Mexico, the 2024 pay of the Chief Executive Officer at FOUR CORNERS ECONOMIC DEVELOPMENT INC falls in the top 10%. In 2024, the highest total compensation at FOUR CORNERS ECONOMIC DEVELOPMENT INC equaled 25% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FOUR CORNERS ECONOMIC DEVELOPMENT INC's revenue and expenses?

In 2024, FOUR CORNERS ECONOMIC DEVELOPMENT INC reported $795k in total revenue and $807k in total expenses on its IRS Form 990.

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