The mission of the Maine Development Foundation is to foster sustainable, long-term economic growth for Maine. Its programs stimulate new ideas, help develop Maine's leaders, and provide common ground for solving problems and advancing important issues.
Executive compensation, broken down
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 Community Improvement & Capacity Building organizations in Maine.
- Base
- $171k
- Bonus
- —
- Other
- —
- Benefits
- $23k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO Above 90th percentile | $171k | — | — | $23k | $204k $220k |
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 17 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at Maine Development Foundation equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Down 5%
from 2023
From $215k in 2023 to $204k in 2024.
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.
Chief Executive Officer pay fell 5% from 2023 to 2024, while revenue fell 6%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Maine Development Foundation
What does the Chief Executive Officer of Maine Development Foundation earn?
In 2024, the Chief Executive Officer of Maine Development Foundation received $203,552 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Maine: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Maine Development Foundation compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Maine, the 2024 pay of the Chief Executive Officer at Maine Development Foundation falls in the top 10%. In 2024, the highest total compensation at Maine Development Foundation equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are Maine Development Foundation's revenue and expenses?
In 2024, Maine Development Foundation reported $3M in total revenue and $3M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more