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Filing year 2023

HEDCO LOCAL DEVELOPMENT CORPORATION

Honolulu, Hawaii·EIN 99-0210565·501(c)(6)
Total revenue
$1.2M
Total assets
$5.2M
Total expenses
$969k
Reported officers
13
Mission

PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF SMALL BUSINESS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President/treasurer
75th to 90th percentile
$209k
$236k
Base
$190k
Bonus
Other
Benefits
$7k
Vice President
75th to 90th percentile
$173k
$195k
Base
$145k
Bonus
Other
Benefits
$17k
Secretary
Secretary (Operational)
75th to 90th percentile
$109k
$123k
Vice President
Median to 75th percentile
$57k
$64k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Urban Hawaii metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 21%
from 2022

From $172k in 2022 to $209k in 2023.

$172k
2022
$209k
2023
In today's dollarsEst.
Up 18% in real terms$200k to $236k

Estimated with Urban Hawaii metro-area CPI-U, 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 rose 21% from 2022 to 2023, while revenue rose 1%.

$172k in 2022 to $209k in 2023.
  • Vice President pay rose 26% from 2022 to 2023.
  • Secretary (Operational) pay rose 22% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

HEDCO LOCAL DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$974k
2022
$1.2M
$969k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HEDCO LOCAL DEVELOPMENT CORPORATION

What does the Chief Executive Officer of HEDCO LOCAL DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of HEDCO LOCAL DEVELOPMENT CORPORATION received $209,361 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HEDCO LOCAL DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at HEDCO LOCAL DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles.

What are HEDCO LOCAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, HEDCO LOCAL DEVELOPMENT CORPORATION reported $1.2M in total revenue and $969k in total expenses on its IRS Form 990.

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