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Filing year 2023

REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC

Durango, Colorado·EIN 84-1125631·501(c)(6)
Total revenue
$3.3M
Total assets
$16.2M
Total expenses
$3M
Reported officers
28
Mission

TO IMPROVE ECONOMIC CONDITIONS IN SOUTHWEST COLORADO THROUGH ADMINISTRATION OF PROGRAMS AND DEVELOPMENT GRANTS.

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 nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$132k
$144k

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 27 unpaid individuals.

Held steady
from 2022

From $131k in 2022 to $132k in 2023.

$131k
2022
$132k
2023
In today's dollarsEst.
Down 3% in real terms$149k to $144k

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

Chief Executive Officer pay rose 1% from 2022 to 2023, while revenue fell 7%.

$131k in 2022 to $132k 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

REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.5M
$2.1M
2022
$3.3M
$3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC

What does the Chief Executive Officer of REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC earn?

In 2023, the Chief Executive Officer of REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC received $131,862 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 REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC falls between the median and the 75th percentile.

What are REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC's revenue and expenses?

In 2023, REGION 9 ECONOMIC DEVELOPMENT DISTRICT OF SW COLORADO INC reported $3.3M in total revenue and $3M in total expenses on its IRS Form 990.

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