RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS A REFLECTION OF THE COMMUNITY'S FORWARD-THINKING, PROGRESSIVE AND PASSIONATE CITIZENS AND BUSINESS COMMUNITY. THE AIM OF RAVENNA'S ECONOMIC DEVELOPMENT PROGRAM IS JOB RETENTION, BUSINESS EXPANSION, BUSINESS RECRUITMENT, JOB TRAINING AND THE CREATION OF OPPORTUNITIES FOR LOCAL BUSINESSES TO REACH A GLOBAL MARKETPLACE. THE SUCCESS OF THIS PROGRAM WILL HELP TO ENSURE THAT THE QUALITY OF LIFE FOR RAVENNA RESIDENTS IS MAINTAINED AND ENHANCED, ALLOWING FUTURE GENERATIONS TO ENJOY THE SAME COMMUNITY QUALITIES THAT CURRENT RESIDENTS CHERISH.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
Exectutive D Board Member Median to 75th percentile | $50k $55k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 9 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at RAVENNA ECONOMIC DEVELOPMENT CORP equaled 55% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about RAVENNA ECONOMIC DEVELOPMENT CORP
What does the Board Member of RAVENNA ECONOMIC DEVELOPMENT CORP earn?
In 2023, the Board Member of RAVENNA ECONOMIC DEVELOPMENT CORP received $49,685 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at RAVENNA ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board Member at RAVENNA ECONOMIC DEVELOPMENT CORP falls between the median and the 75th percentile. In 2023, the highest total compensation at RAVENNA ECONOMIC DEVELOPMENT CORP equaled 55% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are RAVENNA ECONOMIC DEVELOPMENT CORP's revenue and expenses?
In 2023, RAVENNA ECONOMIC DEVELOPMENT CORP reported $436k in total revenue and $91k in total expenses on its IRS Form 990.
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