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Filing year 2023

REGIONAL DEVELOPMENT COMPANY

Valparaiso, Indiana·EIN 35-1939664·6
Total revenue
$1.1M
Total assets
$885k
Total expenses
$1M
Reported officers
30
Mission

TO HELP SMALL BUSINESSES BECOME AWARE OF SBA 504 LOAN FINANCING.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Executive Director
$189k
$209k
Base
$153k
Bonus
$10k
Other
Benefits
$13k
Employee
highest compensated employee
$136k
$150k
Base
$112k
Bonus
$5k
Other
Benefits
$10k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 28 unpaid individuals.

Down 2%
from 2022

From $193k in 2022 to $189k in 2023.

$193k
2022
$189k
2023
In today's dollarsEst.
Down 5% in real terms$221k to $209k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

REGIONAL DEVELOPMENT COMPANY reported revenue and expenses across 2 filing years.

RevenueExpenses
$953k
$1000k
2022
$1.1M
$1M
2023
Total revenue and total expenses from IRS Form 990 filings.
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