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Filing year 2023

MONADNOCK ECONOMIC DEVELOPMENT CORP

Keene, New Hampshire·EIN 02-0395538·NTEE S310 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5.3M
Total assets
$35.8M
Total expenses
$2.2M
Reported officers
11
Mission

PROMOTION OF BUSINESS DEVELOPMENT AND RELOCATIONS TO THE MONADNOCK REGION OF NEW HAMPSHIRE.

Executive compensation

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 nationwide.

Executive Director
Median to 75th percentile
$98k
$109k

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 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 MONADNOCK ECONOMIC DEVELOPMENT CORP equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
4%
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 1%
from 2022

From $96k in 2022 to $98k in 2023.

$96k
2022
$98k
2023
In today's dollarsEst.
Down 2% in real terms$111k to $109k

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.

Pay for the position

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue rose 209%.

$96k in 2022 to $98k 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 MONADNOCK ECONOMIC DEVELOPMENT CORP

What does the Chief Executive Officer of MONADNOCK ECONOMIC DEVELOPMENT CORP earn?

In 2023, the Chief Executive Officer of MONADNOCK ECONOMIC DEVELOPMENT CORP received $97,651 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MONADNOCK ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Chief Executive Officer at MONADNOCK ECONOMIC DEVELOPMENT CORP falls between the median and the 75th percentile. In 2023, the highest total compensation at MONADNOCK ECONOMIC DEVELOPMENT CORP equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MONADNOCK ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2023, MONADNOCK ECONOMIC DEVELOPMENT CORP reported $5.3M in total revenue and $2.2M in total expenses on its IRS Form 990.

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