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Filing year 2023

REGIONAL DEVELOPMENT COMPANY

Valparaiso, Indiana·EIN 35-1939664·501(c)(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 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
75th to 90th percentile
$189k
$209k
Base
$153k
Bonus
$10k
Other
—
Benefits
$13k
Employee
Highest Compensated Employee
25th percentile to median
$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.

Pay for the position

Chief Executive Officer pay fell 2% from 2022 to 2023, while revenue rose 10%.

$193k in 2022 to $189k in 2023.
  • Highest Compensated Employee pay rose 3% from 2022 to 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

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.
FAQ

Common questions about REGIONAL DEVELOPMENT COMPANY

What does the Chief Executive Officer of REGIONAL DEVELOPMENT COMPANY earn?

In 2023, the Chief Executive Officer of REGIONAL DEVELOPMENT COMPANY received $188,819 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at REGIONAL DEVELOPMENT COMPANY compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at REGIONAL DEVELOPMENT COMPANY falls between the 75th and 90th percentiles.

What are REGIONAL DEVELOPMENT COMPANY's revenue and expenses?

In 2023, REGIONAL DEVELOPMENT COMPANY reported $1.1M in total revenue and $1M in total expenses on its IRS Form 990.

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