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Filing year 2024

GREATER LOCKPORT DEVELOPMENT CORPORATION

Lockport, New York·EIN 22-2438263·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$722k
Total assets
$4.6M
Total expenses
$643k
Reported officers
13
Mission

ECONOMIC DEVELOPMENT ASSISTANCE

Executive compensation

Form 990 · Part VII & Schedule J · 2 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.

Vice President
10th to 25th percentile
$15k
$16k
President/ceo (resigned Nov 2024)
Below 10th percentile
$8k
$9k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 11 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 GREATER LOCKPORT DEVELOPMENT CORPORATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
2%
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.

Down 54%
from 2023

From $33k in 2023 to $15k in 2024.

$33k
2023
$15k
2024
In today's dollarsEst.
Down 55% in real terms$37k to $16k

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

Pay for the position

Vice President pay fell 54% from 2023 to 2024, while revenue fell 58%.

$33k in 2023 to $15k in 2024.
  • Chief Executive Officer pay rose 60% 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 GREATER LOCKPORT DEVELOPMENT CORPORATION

What does the Vice President of GREATER LOCKPORT DEVELOPMENT CORPORATION earn?

In 2024, the Vice President of GREATER LOCKPORT DEVELOPMENT CORPORATION received $15,235 in total compensation. This pay is in the bottom quarter for Vice President 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 Vice President pay at GREATER LOCKPORT DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Vice President at GREATER LOCKPORT DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at GREATER LOCKPORT DEVELOPMENT CORPORATION equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER LOCKPORT DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, GREATER LOCKPORT DEVELOPMENT CORPORATION reported $722k in total revenue and $643k in total expenses on its IRS Form 990.

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