THE MISSION OF THE ORGANIZATION IS TO PROVIDE ECONOMIC DEVELOPMENT LENDING CAPABILITY FOR BUSINESSES IN CHEMUNG, SCHUYLER, STEUBEN AND TIOGA COUNTIES, WHICH FULLY RESPONDS TO THE NEEDS OF THE REGION AND THE OBJECTIVES OF THE CORPORATION.
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 in New York.
| Position | Total |
|---|---|
President Below 10th percentile | $9k $11k |
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.
Plus 22 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at REDEC RELENDING CORPORATION equaled 3% 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.
Chief Executive Officer pay rose 73% from 2022 to 2023, while revenue fell 9%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about REDEC RELENDING CORPORATION
What does the Chief Executive Officer of REDEC RELENDING CORPORATION earn?
In 2023, the Chief Executive Officer of REDEC RELENDING CORPORATION received $9,491 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at REDEC RELENDING CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at REDEC RELENDING CORPORATION falls in the bottom 10%. In 2023, the highest total compensation at REDEC RELENDING CORPORATION equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are REDEC RELENDING CORPORATION's revenue and expenses?
In 2023, REDEC RELENDING CORPORATION reported $358k in total revenue and $369k in total expenses on its IRS Form 990.
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