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Filing year 2024

PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION

Carmel, New York·EIN 16-1513649·501(c)(6)
Total revenue
$184k
Total assets
$426k
Total expenses
$140k
Reported officers
13
Mission

COUNTY-BASED ECONOMIC DEVELOPMENT CORPORATION

Executive compensation

Form 990 · Part VII & 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.

President
Median to 75th percentile
$95k
$103k

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 12 unpaid individuals.

Up 3%
from 2023

From $92k in 2023 to $95k in 2024.

$92k
2023
$95k
2024
In today's dollarsEst.
Down 1% in real terms$103k to $103k

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 3% from 2023 to 2024, while revenue rose 5%.

$92k in 2023 to $95k 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

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

RevenueExpenses
$176k
$138k
2023
$184k
$140k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION

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

In 2024, the Chief Executive Officer of PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION received $95,000 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 PUTNAM COUNTY 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 PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION falls between the median and the 75th percentile.

What are PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, PUTNAM COUNTY ECONOMIC DEVELOPMENT CORPORATION reported $184k in total revenue and $140k in total expenses on its IRS Form 990.

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