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Filing year 2023

NEBRASKA ECONOMIC DEVELOPMENT CORPORATION

Lincoln, Nebraska·EIN 47-0721052·NTEE S20Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.3M
Total assets
$6.9M
Total expenses
$1.6M
Reported officers
12
Mission

FURTHERING THE ECONOMIC DEVELOPMENT AND SOCIAL WELFARE OF NEBRASKA AND ITS ENVIRONS WITH SPECIFIC EMPHASIS ON THE AREA BY PROMOTING AND ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL BUSINESS CONCERNS IN SUCH AREA. THE PRINCIPAL OBJECTIVES COMMUNITY BY FOSTERING INCREASED EMPLOYMENT OPPORTUNITIES AND EXPANSION OF BUSINESS AND INDUSTRY FOR THE CITIZENS OF THE AREA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Executive Di
Above 90th percentilevs Community Improvement & Capacity Building peers in Nebraska
$264k
$292k
Base
$244k
Bonus
Other
Benefits
$5k
Chief Credit
Highest Compensated Employee
75th to 90th percentile
$255k
$281k
Base
$232k
Bonus
Other
Benefits
$14k
VP Lending
Board Vice President
75th to 90th percentile
$236k
$261k
Base
$209k
Bonus
Other
Benefits
$7k
President of
Highest Compensated Employee
75th to 90th percentile
$218k
$241k
Base
$189k
Bonus
Other
Benefits
$16k
Vice Chair
Board Vice Chair
Median to 75th percentile
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$16k
$18k
Director
Board Member
25th percentile to median
$12k
$13k
Chair
Board Chair
25th percentile to median
$11k
$12k

Teal figures restate each filed amount in 2026 dollars.

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

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at NEBRASKA ECONOMIC DEVELOPMENT CORPORATION equaled 16% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
16%
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 2%
from 2022

From $259k in 2022 to $264k in 2023.

$259k
2022
$264k
2023
In today's dollarsEst.
Down 2% in real terms$297k to $292k

Estimated with BLS CPI-U for the Midwest 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 2% from 2022 to 2023, while revenue rose 3%.

$259k in 2022 to $264k in 2023.
  • Highest Compensated Employee pay rose 15% from 2022 to 2023.
  • Board Vice President pay rose 78% from 2022 to 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 NEBRASKA ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of NEBRASKA ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of NEBRASKA ECONOMIC DEVELOPMENT CORPORATION received $263,963 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Nebraska: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEBRASKA ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Nebraska, the 2023 pay of the Chief Executive Officer at NEBRASKA ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%. In 2023, the highest total compensation at NEBRASKA ECONOMIC DEVELOPMENT CORPORATION equaled 16% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NEBRASKA ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, NEBRASKA ECONOMIC DEVELOPMENT CORPORATION reported $2.3M in total revenue and $1.6M in total expenses on its IRS Form 990.

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