TO EFFICIENTLY PROVIDE UNIQUE CAPITAL AND SERVICES TO SMALL BUSINESSES LOCATED IN RI, MA AND CT; HELPING THEM ACQUIRE EQUIPMENT AND COMMERCIAL REAL ESTATE TO GROW THEIR BUSINESSES.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $197k
- Bonus
- $187k
- Other
- $800
- Benefits
- $15k
- Base
- $129k
- Bonus
- $32k
- Other
- —
- Benefits
- $1k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $197k | $187k | $800 | $15k | $414k $463k |
VP Commercia Board Vice President Median to 75th percentile | $129k | $32k | — | $1k | $170k $190k |
AVP Portfoli Highest Compensated Employee 25th percentile to median | — | — | — | — | $148k $166k |
Director Board Member Below 10th percentile | — | — | — | — | $800 $893 |
Director Board Member Below 10th percentile | — | — | — | — | $800 $893 |
Director Board Member Below 10th percentile | — | — | — | — | $800 $893 |
Director Board Member Below 10th percentile | — | — | — | — | $800 $893 |
Director Board Member Below 10th percentile | — | — | — | — | $600 $670 |
Director Board Member Below 10th percentile | — | — | — | — | $600 $670 |
Director Board Member Below 10th percentile | — | — | — | — | $600 $670 |
Director Board Member Below 10th percentile | — | — | — | — | $600 $670 |
Chairman Board Chair Below 10th percentile | — | — | — | — | $400 $447 |
Director Board Member Below 10th percentile | — | — | — | — | $400 $447 |
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.
Down 1%
from 2022
From $420k in 2022 to $414k in 2023.
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.
Chief Executive Officer pay fell 1% from 2022 to 2023, while revenue rose 6%.
- Board Member pay held roughly steady from 2022 to 2023.
- Board Chair pay held roughly steady from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC reported revenue and expenses across 2 filing years.
Common questions about OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC
What does the Chief Executive Officer of OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC earn?
In 2023, the Chief Executive Officer of OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC received $414,466 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC falls in the top 10%.
What are OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC's revenue and expenses?
In 2023, OCEAN STATE BUSINESS DEVELOPMENT AUTHORITY INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.
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