THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO CONDUCT, SUPPORT, ENCOURAGE, AND ASSIST THE COMMON GOOD AND WELFARE OF THE CITIZENS OF LAFAYETTE, WEST LAFAYETTE, TIPPECANOE COUNTY AND THE WEST CENTRAL REGION OF INDIANA IT SERVES. IN ADDITION, 1) THE FOUNDATION OPERATES AS A SUPPORTING ORGANIZATION FOR THE SUPPORT AND BENEFIT OF LAFAYETTE-WEST LAFAYETTE DEVELOPMENT CORPORATION (D/B/A GREATER LAFAYETTE COMMERCE) TO SOLICIT FUNDS TO SUPPORT ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS AND PROJECTS OF GREATER LAFAYETTE COMMERCE, 2)TO SOLICIT CHARITABLE CONTRIBUTIONS AND OTHER FUNDS FOR AND TO PROVIDE OTHER BENEFITS FOR THE SUPPORT AND BENEFIT OF AND IN CONJUNCTION WITH ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS AND PROJECTS OF GREATER LAFAYETTE COMMERCE, AND 3)TO COOPERATE, COLLABORATE AND WORK WITH OTHER ORGANIZATIONS INCLUDING, BUT NOT LIMITED TO, GREATER LAFAYETTE COMMERCE TO PURSUE AND ACHIEVE THE PURPOSES SET OUT ABOVE.
Executive compensation
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 Community Improvement & Capacity Building organizations in Indiana.
| Position | Total |
|---|---|
President & 25th percentile to median | $50k $54k |
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 4 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION equaled 0.4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 10%
from 2023
From $46k in 2023 to $50k in 2024.
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.
Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue rose 99%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION
What does the Chief Executive Officer of GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION earn?
In 2024, the Chief Executive Officer of GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION received $50,240 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Indiana, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Indiana, the 2024 pay of the Chief Executive Officer at GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION falls between the 25th percentile and the median. In 2024, the highest total compensation at GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION equaled 0.4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION's revenue and expenses?
In 2024, GREATER LAFAYETTE COMMERCE COMM AND ECONOMIC DEVELOPMENT FOUNDATION reported $12.4M in total revenue and $12.1M in total expenses on its IRS Form 990.
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