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Filing year 2024

GMDC TWO CORPORATION

Brooklyn, New York·EIN 11-3427959·NTEE S31 · Community Improvement & Capacity Building·501(c)(4)
Total revenue
$4.4M
Total assets
$17.8M
Total expenses
$4.2M
Reported officers
18
Mission

THE ORGANIZATION'S PROGRAMS WORK TO RELIEVE AND REDUCE UNEMPLOYMENT, PROMOTING AND PROVIDING FOR ADDITIONAL EMPLOYMENT OPPORTUNITIES, ENCOURAGING THE CREATION AND MAINTENANCE OF JOB OPPORTUNITIES BY ATTRACTING NEW INDUSTRY AND BY FACILITATING RETENTION OF EXISTING TRADES, PARTICULARY SMALL MANUFACTURERS SUCH AS WOODWORKERS, FURNITURE MAKERS AND FINE ARTISTS BY FINDING AND PROVIDING AFFORDABLE SPACE IN WHICH TO CARRY OUT THEIR SMALL CRAFT BUSINESSES. IN THIS WAY, THE ORGANIZATION IS ATTRACTING NEW INDUSTRY TO A COMMUNITY OR AREA AND LESSENING THE BURDENS OF GOVERNMENT AND ACTING IN THE PUBLIC INTEREST.

Executive compensation

Form 990 · Part VII & Schedule J · 5 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 York.

CEO
10th to 25th percentile
$46k
$50k
Senior Project Manager
Project Manager
25th percentile to medianvs all sectors nationwide
$38k
$41k
Facilities Manager
Highest Compensated Employee
Below 10th percentile
$33k
$36k
Project Manager
25th percentile to medianvs all sectors nationwide
$33k
$35k
CFO
10th to 25th percentile
$22k
$23k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 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 GMDC TWO CORPORATION equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
1%
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 3%
from 2023

From $45k in 2023 to $46k in 2024.

$45k
2023
$46k
2024
In today's dollarsEst.
Down 1% in real terms$50k to $50k

Estimated with New York-Newark-Jersey City, NY-NJ-PA 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

Chief Executive Officer pay rose 3% from 2023 to 2024, while revenue rose 12%.

$45k in 2023 to $46k in 2024.
  • Project Manager pay rose 7% from 2023 to 2024.
  • Highest Compensated Employee pay rose 8% from 2023 to 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 GMDC TWO CORPORATION

What does the Chief Executive Officer of GMDC TWO CORPORATION earn?

In 2024, the Chief Executive Officer of GMDC TWO CORPORATION received $46,192 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GMDC TWO CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Chief Executive Officer at GMDC TWO CORPORATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at GMDC TWO CORPORATION equaled 1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GMDC TWO CORPORATION's revenue and expenses?

In 2024, GMDC TWO CORPORATION reported $4.4M in total revenue and $4.2M in total expenses on its IRS Form 990.

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