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Filing year 2024

GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION

Grand Island, Nebraska·EIN 47-6028912·501(c)(6)
Total revenue
$1.5M
Total assets
$12.1M
Total expenses
$631k
Reported officers
10
Mission

TO FURTHER GENERAL BUSINESS INTEREST.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Median to 75th percentile
$161k
$173k
Base
$161k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Down 10%
from 2023

From $178k in 2023 to $161k in 2024.

$178k
2023
$161k
2024
In today's dollarsEst.
Down 12% in real terms$197k to $173k

Estimated with BLS CPI-U for the Midwest 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 fell 10% from 2023 to 2024, while revenue rose 111%.

$178k in 2023 to $161k 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.
Financial trend

Revenue and expenses over time

GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$714k
$514k
2023
$1.5M
$631k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION received $160,811 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION falls between the median and the 75th percentile.

What are GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, GRAND ISLAND AREA ECONOMIC DEVELOPMENT CORPORATION reported $1.5M in total revenue and $631k in total expenses on its IRS Form 990.

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