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Filing year 2023

JERSEY CITY ECONOMIC DEVELOPMENT CORP

Jersey City, New Jersey·EIN 22-2304615·NTEE S310 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.8M
Total assets
$7.5M
Total expenses
$4.1M
Reported officers
14
Mission

TO PROMOTE, ENCOURAGE AND ASSIST IN THE INDUSTRIAL, COMMERCIAL AND ECONOMIC DEVELOPMENT OF THE CITY OF JERSEY CITY, THEREBY INCREASING THE COMMERCIAL/TRADE OF THE CITY CREATING GREATER EMPLOYMENT OPPORTUNITIES AND BROADENING THE TAX BASE.

Executive compensation

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

Development Dir
Officer (Unspecified)
$99k
$111k
Dir.of Business
Officer (Unspecified)
$99k
$111k
Senior Assoc.
Officer (Unspecified)
$77k
$87k
Financial Admin
Officer (Unspecified)
$61k
$68k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 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 JERSEY CITY ECONOMIC DEVELOPMENT CORP equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
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.

Up 5%
from 2022

From $95k in 2022 to $99k in 2023.

$95k
2022
$99k
2023
In today's dollarsEst.
Up 1% in real terms$110k to $111k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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 JERSEY CITY ECONOMIC DEVELOPMENT CORP

What are JERSEY CITY ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2023, JERSEY CITY ECONOMIC DEVELOPMENT CORP reported $3.8M in total revenue and $4.1M in total expenses on its IRS Form 990.

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