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Filing year 2024

GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC

Lake City, Florida·EIN 04-3709254·NTEE L80 · Housing & Shelter·3
Total revenue
$100k
Total assets
$989k
Total expenses
$103k
Reported officers
6
Mission

The purpose for which this corporation is organized is for educational, scientific and socio-economic, community revitalization and any other such matters not inconsistent withnot for profit.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Florida.

Executive Director
Below 10th percentile
$10k
$11k
Administrative Assistant
Key Employee
Below 10th percentilevs Housing & Shelter peers nationwide
$8k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South 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 Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
10%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Held roughly steady
over 2 years

From $10k in 2022 to $10k in 2024.

$10k
2022
$10k
2023
$10k
2024
In today's dollarsEst.
Down 7% in real terms$12k to $11k

Estimated with BLS CPI-U for the South 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 held roughly steady from 2022 to 2024, while revenue fell 47%.

$10k in 2022 to $10k in 2024.
  • Key Employee pay held roughly steady from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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 GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC

What does the Chief Executive Officer of GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC earn?

In 2024, the Chief Executive Officer of GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC received $10,200 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in Florida: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Florida, the 2024 pay of the Chief Executive Officer at GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC falls in the bottom 10%. In 2024, the highest total compensation at GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC equaled 10% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC's revenue and expenses?

In 2024, GREATER LAKE CITY COMMUNITY DEVELOPMENT CORP INC reported $100k in total revenue and $103k in total expenses on its IRS Form 990.

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