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Filing year 2023

NEDC FINANCIAL MANAGEMENT CORPORATION

Newark, New Jersey·EIN 22-2464321·501(c)(3)
Total revenue
$24k
Total assets
$1.5M
Total expenses
$150
Reported officers
3
Mission

TO ACT AS THE PARENT OF A GROUP OF ORGANIZATIONS WHICH ASSIST IN THE DEVELOPMENT OF REDEVELOPMENT AND IMPROVEMENT PROJECTS IN NJ.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
75th to 90th percentile
$178k
$200k
V.president
10th to 25th percentile
$18k
$20k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 1 unpaid individual.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $33k in 2022 to $178k in 2023.

$33k
2022
$178k
2023
In today's dollarsEst.
Up 413% in real terms$39k to $200k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 433% from 2022 to 2023, while revenue rose 105%.

$33k in 2022 to $178k 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.
Financial trend

Revenue and expenses over time

NEDC FINANCIAL MANAGEMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$11k
$150
2022
$24k
$150
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NEDC FINANCIAL MANAGEMENT CORPORATION

What does the Chief Executive Officer of NEDC FINANCIAL MANAGEMENT CORPORATION earn?

In 2023, the Chief Executive Officer of NEDC FINANCIAL MANAGEMENT CORPORATION received $178,000 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NEDC FINANCIAL MANAGEMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at NEDC FINANCIAL MANAGEMENT CORPORATION falls between the 75th and 90th percentiles.

What are NEDC FINANCIAL MANAGEMENT CORPORATION's revenue and expenses?

In 2023, NEDC FINANCIAL MANAGEMENT CORPORATION reported $24k in total revenue and $150 in total expenses on its IRS Form 990.

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