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Filing year 2023

NYBDC LOCAL DEVELOPMENT CORPORATION

Albany, New York·EIN 26-4032355·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$7.8M
Total assets
$50.7M
Total expenses
$8.4M
Reported officers
21

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

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

Prsident
Officer (Unspecified)
$310k
$346k
Base
$310k
Bonus
Other
Benefits
Vice President
75th to 90th percentile
$178k
$198k
Base
$178k
Bonus
Other
Benefits
Vice President
Median to 75th percentile
$135k
$150k
Vice President
Median to 75th percentile
$130k
$145k
Assistant Vice President
Vice President
Median to 75th percentile
$119k
$133k
Vice President
Median to 75th percentile
$116k
$130k
Vice President
Median to 75th percentile
$115k
$129k
Vice President
Median to 75th percentile
$98k
$110k
Vice President
25th percentile to median
$69k
$77k
Director
Officer (Unspecified)
$2k
$2k
Director
Officer (Unspecified)
$2k
$2k
Director
Officer (Unspecified)
$2k
$2k
Director
Officer (Unspecified)
$2k
$2k
Director
Officer (Unspecified)
$2k
$2k
Director
Officer (Unspecified)
$1k
$2k
Director
Officer (Unspecified)
$1k
$1k
Director
Officer (Unspecified)
$1k
$1k

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 4 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 NYBDC LOCAL DEVELOPMENT CORPORATION 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.

Funded by

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

Up 10%
from 2022

From $282k in 2022 to $310k in 2023.

$282k
2022
$310k
2023
In today's dollarsEst.
Up 6% in real terms$326k to $346k

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

Vice President pay rose 20% from 2022 to 2023, while revenue fell 37%.

$148k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NYBDC LOCAL DEVELOPMENT CORPORATION

What does the Vice President of NYBDC LOCAL DEVELOPMENT CORPORATION earn?

In 2023, the Vice President of NYBDC LOCAL DEVELOPMENT CORPORATION received $177,584 in total compensation. This pay is in the top quarter for Vice President roles among Community Improvement & Capacity Building organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at NYBDC LOCAL DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Vice President at NYBDC LOCAL DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at NYBDC LOCAL DEVELOPMENT CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are NYBDC LOCAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, NYBDC LOCAL DEVELOPMENT CORPORATION reported $7.8M in total revenue and $8.4M in total expenses on its IRS Form 990.

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