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Filing year 2023

OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION

Wheeling, West Virginia·EIN 55-0461336·501(c)(6)
Total revenue
$15.9M
Total assets
$68.6M
Total expenses
$8.7M
Reported officers
53
Mission

TO CREATE BUSINESS OPPORTUNITIES IN WEST VIRGINIA BY GENERATING NEW JOBS AND STIMULATING THE ECONOMY.

Executive compensation, broken down

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.

Secretary
Highest Compensated Employee
25th percentile to median
$150k
$164k
Base
$150k
Bonus
Other
Benefits
Asst Secretary, Finance
Secretary (Operational)
75th to 90th percentile
$146k
$159k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 51 unpaid individuals.

Up 4%
from 2022

From $144k in 2022 to $150k in 2023.

$144k
2022
$150k
2023
In today's dollarsEst.
Roughly flat in real terms$164k to $164k

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

Pay for the position

Highest Compensated Employee pay rose 4% from 2022 to 2023, while revenue rose 39%.

$144k in 2022 to $150k in 2023.
  • Secretary (Operational) pay rose 12% 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.
Financial trend

Revenue and expenses over time

OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.4M
$7.8M
2022
$15.9M
$8.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION

What does the Highest Compensated Employee of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION earn?

In 2023, the Highest Compensated Employee of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION received $150,324 in total compensation. This pay is below the median (the midpoint) for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Highest Compensated Employee at OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION falls between the 25th percentile and the median.

What are OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION reported $15.9M in total revenue and $8.7M in total expenses on its IRS Form 990.

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