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Filing year 2024

NECOG Development Corporation

Aberdeen, South Dakota·EIN 46-0434487·NTEE W60 · Public & Societal Benefit·501(c)(3)
Total revenue
$665k
Total assets
$7M
Total expenses
$111k
Reported officers
8
Mission

To foster economic development, create/retain jobs, stimulate business opportunities, and attract/retrain business in northeast South Dakota through various economic programs and relationships with Federal, State and local officials.

Executive compensation

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.

Director
Board Member
Below 10th percentile
$500
$538
Director
Board Member
Below 10th percentile
$500
$538
Director
Board Member
Below 10th percentile
$500
$538
Chairperson
Board Chair
Below 10th percentile
$300
$323
Secretary/treas
Officer (Unspecified)
$200
$215
Director
Board Member
Below 10th percentile
$200
$215
Vice Chair
Board Vice Chair
Below 10th percentilevs all sectors nationwide
$200
$215

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.

Plus 1 unpaid individual.

Browse compensation in Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NECOG Development Corporation equaled 0.5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
0.5%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Board Member pay fell 20% from 2023 to 2024, while revenue rose 29%.

$625 in 2023 to $500 in 2024.
  • Board Chair pay fell 52% from 2023 to 2024.
  • Board Vice Chair pay fell 62% from 2023 to 2024.

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.

1
MOVE THE MOUNTAIN LEADERSHIP CENTER2024
$118k
2
NECOG Development Corporation2024
$500
Compare compensation across all Public & Societal Benefit organizations
FAQ

Common questions about NECOG Development Corporation

What does the Board Member of NECOG Development Corporation earn?

In 2024, the Board Member of NECOG Development Corporation received $500 in total compensation. This pay is in the bottom 10% for Board Member roles among Public & Societal Benefit organizations nationwide: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Board Member pay at NECOG Development Corporation compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations nationwide, the 2024 pay of the Board Member at NECOG Development Corporation falls in the bottom 10%. In 2024, the highest total compensation at NECOG Development Corporation equaled 0.5% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are NECOG Development Corporation's revenue and expenses?

In 2024, NECOG Development Corporation reported $665k in total revenue and $111k in total expenses on its IRS Form 990.

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