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Filing year 2024

GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION

Reading, Pennsylvania·EIN 81-4279395·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3M
Total assets
$2.6M
Total expenses
$3M
Reported officers
21
Mission

TO SERVE BERKS COUNTY BUSINESSES, FOSTER ECONOMIC DEVELOPMENT AND GROWTH, AND BUSINESS SUPPORT THROUGH COMBINED MANAGEMENT AND COORDINATION OF ACTIVITIES AND RESOURCES OF GBDF AND GRCCI.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

CEO
75th to 90th percentile
$211k
$228k
Base
$185k
Bonus
Other
Benefits
$15k
VP of Development
Board Vice President
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$193k
$208k
Base
$168k
Bonus
Other
Benefits
$15k
CFO
75th to 90th percentile
$182k
$197k
Base
$165k
Bonus
Other
Benefits
$7k

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 18 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 READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
7%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 35%
from 2023

From $323k in 2023 to $211k in 2024.

$323k
2023
$211k
2024
In today's dollarsEst.
Down 37% in real terms$360k to $228k

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

Chief Executive Officer pay fell 35% from 2023 to 2024, while revenue fell 2%.

$323k in 2023 to $211k in 2024.
  • Board Vice President pay rose 3% from 2023 to 2024.
  • Chief Financial Officer pay rose 3% 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 READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION received $211,143 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Pennsylvania, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION reported $3M in total revenue and $3M in total expenses on its IRS Form 990.

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