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Filing year 2024

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC)

Bethlehem, Pennsylvania·EIN 23-2798276·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$3.3M
Total assets
$5.9M
Total expenses
$3.3M
Reported officers
39
Mission

THE MISSION OF THE LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS TO MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY AND TO CREATE PARTNERSHIPS TO SUPPORT THE RECRUITMENT, GROWTH AND RETENTION OF EMPLOYERS, AND THE CREATION OF JOBS FOR PEOPLE OF ALL SKILL AND EDUCATION LEVELS.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

$339k
$367k
Base
$277k
Bonus
$27k
Other
Benefits
$18k
Exec VP & Chief of Staff
vice president
$183k
$198k
Base
$149k
Bonus
$8k
Other
Benefits
$18k
VP of Reg Ptps & Talent St
vice president
$157k
$169k
Base
$129k
Bonus
$2k
Other
Benefits
$18k
VP of Bus Dvlpmt & Attract
vice president
$155k
$168k
Base
$128k
Bonus
$2k
Other
Benefits
$18k
VP Mktg, Comm & Research
vice president
$152k
$164k
Base
$127k
Bonus
$6k
Other
Benefits
$11k

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 34 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 13%
from 2023

From $302k in 2023 to $339k in 2024.

$302k
2023
$339k
2024
In today's dollarsEst.
Up 9% in real terms$337k to $367k

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.

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

Revenue and expenses over time

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC) reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.3M
$3.1M
2023
$3.3M
$3.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Pennsylvania

Comparable community improvement & capacity building organizations in Pennsylvania pay their highest-earning executive a median of $72,840.

25th percentile
$33k
Median
$72,840
75th percentile
$137k
90th percentile
$234k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 138 organizations across 138 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Pennsylvania
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