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Filing year 2023

GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC

Jamaica, New York·EIN 11-2563026·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$594k
Total assets
$5M
Total expenses
$437k
Reported officers
39
Mission

SEE SCHEDULE OGREATER JAMAICA LOCAL DEVELOPMENT COMPANY, INC. ("GJLDC") WORKING IN CONJUNCTION WITH ITS AFFILIATE COMPANY, THE GREATER JAMAICA DEVELOPMENT CORPORATION ("GJDC"), PROVIDES FINANCIAL AND RELATED TECHNICAL ASSISTANCE TO QUALIFYING SMALL BUSINESSES AND/OR ENTREPRENEURS IN GJLDC'S TARGET MARKET. THE OBJECTIVE OF THE FINANCING IS TO PROMOTE ENTREPRENEURSHIP, CREATE NEW JOBS, RETAIN EXISTING JOBS, AND PROMOTE COMMUNITY REVITALIZATION AND/OR STABILIZATION.THIS SUPPORT INCLUDES, BUT IS NOT LIMITED TO, - NAVIGATING GOVERNMENTAL REGULATIONS - ACCESSING TRAINING GRANTS - LOAN PACKAGING - ADVOCACY

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

President & CEO
10th to 25th percentile
$51k
$58k
Assistant Treasurer/cfo
25th percentile to median
$38k
$43k
Chief Administrative Officer
Officer (Unspecified)
$35k
$40k
Assistant Secretary
Secretary (Operational)
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$31k
$35k
Dir. of Business Service
Highest Compensated Employee
Below 10th percentile
$15k
$16k

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 34 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 GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
12%
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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC

What does the Chief Executive Officer of GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC earn?

In 2023, the Chief Executive Officer of GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC received $51,290 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 GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC falls between the 10th and 25th percentiles. In 2023, the highest total compensation at GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC's revenue and expenses?

In 2023, GREATER JAMAICA LOCAL DEVELOPMENT COMPANY INC reported $594k in total revenue and $437k in total expenses on its IRS Form 990.

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