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Filing year 2023

REGIONAL DEVELOPMENT CORPORATION

Santa Fe, New Mexico·EIN 74-2805791·NTEE S80 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$1.3M
Total expenses
$1.3M
Reported officers
10
Mission

THE REGIONAL DEVELOPMENT CORPORATION (RDC) IS A PRIVATE NON-PROFIT 501(C) (3) ORGANIZATION DEDICATED TO IMPROVING ECONOMIC DEVELOPMENT IN NORTHERN NEW MEXICO. RDC PROVIDES PRIVATE INVESTMENT OPPORTUNITIES AND TECHNICAL ASSISTANCE TO FACILITATE JOB GROWTH AND DIVERSIFY THE ECONOMIES OF COMMUNITIES IN THE FOLLOWING SEVEN COUNTIES: LOS ALAMOS, MORA, RIO ARRIBA, SANDOVAL, SAN MIGUEL, SANTA FE, TAOS, AND THE MUNICIPALITIES AND NATIVE AMERICAN PUEBLOS THEREIN.

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 Mexico.

Executive Di
25th percentile to median
$61k
$67k

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 9 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at REGIONAL DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
5%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 60%
from 2022

From $152k in 2022 to $61k in 2023.

$152k
2022
$61k
2023
In today's dollarsEst.
Down 61% in real terms$173k to $67k

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.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about REGIONAL DEVELOPMENT CORPORATION

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

In 2023, the Chief Executive Officer of REGIONAL DEVELOPMENT CORPORATION received $61,240 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New Mexico, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Community Improvement & Capacity Building organizations in New Mexico, the 2023 pay of the Chief Executive Officer at REGIONAL DEVELOPMENT CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at REGIONAL DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are REGIONAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, REGIONAL DEVELOPMENT CORPORATION reported $1.1M in total revenue and $1.3M in total expenses on its IRS Form 990.

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