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Filing year 2023

REDMOND ECONOMIC DEVELOPMENT INC

Redmond, Oregon·EIN 94-3059506·501(c)(6)
Total revenue
$313k
Total assets
$326k
Total expenses
$297k
Reported officers
24
Mission

STIMULATE ECONOMIC DEVELOPMENT IN THE LOCAL AREA.

Executive compensation, broken down

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 nonprofits nationwide, across all sectors.

Executive Dir.
Board Member
Above 90th percentile
$152k
$166k
Base
$152k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 23 unpaid individuals.

Down 6%
from 2022

From $162k in 2022 to $152k in 2023.

$162k
2022
$152k
2023
In today's dollarsEst.
Down 10% in real terms$185k to $166k

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

Pay for the position

Board Member pay fell 6% from 2022 to 2023, while revenue rose 12%.

$162k in 2022 to $152k in 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

REDMOND ECONOMIC DEVELOPMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$279k
$290k
2022
$313k
$297k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about REDMOND ECONOMIC DEVELOPMENT INC

What does the Board Member of REDMOND ECONOMIC DEVELOPMENT INC earn?

In 2023, the Board Member of REDMOND ECONOMIC DEVELOPMENT INC received $151,998 in total compensation. This pay is in the top 10% for Board Member roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at REDMOND ECONOMIC DEVELOPMENT INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Member at REDMOND ECONOMIC DEVELOPMENT INC falls in the top 10%.

What are REDMOND ECONOMIC DEVELOPMENT INC's revenue and expenses?

In 2023, REDMOND ECONOMIC DEVELOPMENT INC reported $313k in total revenue and $297k in total expenses on its IRS Form 990.

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