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Filing year 2023

IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR

El Centro, California·EIN 33-0873809·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$925k
Total assets
$453k
Total expenses
$953k
Reported officers
9
Mission

THE IMPERIAL VALLEY ECONOMIC DEVELOPMENT CORPORATION'S MISSION IS MARKETING OF IMPERIAL COUNTY AS A REGION TO ATTRACT NEW BUSINESS AND INDUSTRY. INCREASING CAPITAL INVESTMENT, LOCAL COMMERCE, EMPLOYMENT AND TAX REVENUE. MAINTAINING A FINANCIALLY SOUND, INDEPENDENT, PRIVATE SECTOR MARKETING ORGANIZATION FOR IMPERIAL COUNTY

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

CEO
Median to 75th percentile
$176k
$192k
Base
$176k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 8 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
18%
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.

Up 28%
from 2022

From $137k in 2022 to $176k in 2023.

$137k
2022
$176k
2023
In today's dollarsEst.
Up 22% in real terms$157k to $192k

Estimated with BLS CPI-U for the West 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 28% from 2022 to 2023, while revenue rose 17%.

$137k in 2022 to $176k in 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR

What does the Chief Executive Officer of IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR earn?

In 2023, the Chief Executive Officer of IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR received $175,560 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in California, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in California, the 2023 pay of the Chief Executive Officer at IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR falls between the median and the 75th percentile. In 2023, the highest total compensation at IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR's revenue and expenses?

In 2023, IMPERIAL VALLEY ECONOMIC DEVELOPMENT COR reported $925k in total revenue and $953k in total expenses on its IRS Form 990.

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