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Filing year 2024

HEMPSTEAD CO ECON DEVELOP CORP

Hope, Arkansas·EIN 71-0638559·501(c)(6)
Total revenue
$230k
Total assets
$670k
Total expenses
$237k
Reported officers
5
Mission

INDUSTRIAL & ECONOMIC DEVELOPMENT

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 nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$91k
$96k

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.

Up 20%
from 2023

From $76k in 2023 to $91k in 2024.

$76k
2023
$91k
2024
In today's dollarsEst.
Up 17% in real terms$83k to $96k

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 rose 20% from 2023 to 2024, while revenue rose 7%.

$76k in 2023 to $91k in 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.
Financial trend

Revenue and expenses over time

HEMPSTEAD CO ECON DEVELOP CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$215k
$169k
2023
$230k
$237k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HEMPSTEAD CO ECON DEVELOP CORP

What does the Chief Executive Officer of HEMPSTEAD CO ECON DEVELOP CORP earn?

In 2024, the Chief Executive Officer of HEMPSTEAD CO ECON DEVELOP CORP received $90,892 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HEMPSTEAD CO ECON DEVELOP CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at HEMPSTEAD CO ECON DEVELOP CORP falls between the median and the 75th percentile.

What are HEMPSTEAD CO ECON DEVELOP CORP's revenue and expenses?

In 2024, HEMPSTEAD CO ECON DEVELOP CORP reported $230k in total revenue and $237k in total expenses on its IRS Form 990.

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