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Filing year 2024

PORTAGE ECONOMIC DEVELOPMENT CORPORATION

Portage, Indiana·EIN 31-1131825·3
Total revenue
$127k
Total assets
$124k
Total expenses
$124k
Reported officers
19
Mission

PEDCO SERVES AS A MARKETER/PROMOTER FOR PORTAGE, INDIANA TO OUTSIDE BUSINESSES AND AS A PARTNER IN STRENGTHENING EXISTING BUSINESSES. THROUGH INVESTMENTS FROM COMMUNITY BUSINESSES AND THE CITY OF PORTAGE, PEDCO'S MISSION IS TO ATTRACT NEW BUSINESSES AND ENHANCE THE QUALITY OF LIFE

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
Median to 75th percentile
$98k
$105k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Up 3%
from 2023

From $95k in 2023 to $98k in 2024.

$95k
2023
$98k
2024
In today's dollarsEst.
Down 1% in real terms$105k to $105k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI 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 3% from 2023 to 2024, while revenue rose 13%.

$95k in 2023 to $98k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

PORTAGE ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$112k
$123k
2023
$127k
$124k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PORTAGE ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of PORTAGE ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of PORTAGE ECONOMIC DEVELOPMENT CORPORATION received $97,700 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at PORTAGE ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at PORTAGE ECONOMIC DEVELOPMENT CORPORATION falls between the median and the 75th percentile.

What are PORTAGE ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, PORTAGE ECONOMIC DEVELOPMENT CORPORATION reported $127k in total revenue and $124k in total expenses on its IRS Form 990.

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