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Filing year 2023

REGIONAL DEVELOPMENT FUNDING CORPORATION

Pittsburgh, Pennsylvania·EIN 25-1348148·NTEE S430 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.5M
Total assets
$16.1M
Total expenses
$1.2M
Reported officers
34
Mission

TO CREATE ECONOMIC DEVELOPMENT BY FINANCING PROJECTS THAT RETAIN AND/OR CREATE QUALITY JOBS AND CONTRIBUTES TO COMMUNITY REVITALIZATION.

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 Community Improvement & Capacity Building organizations in Pennsylvania.

Executive Director
Above 90th percentile
$275k
$307k
Base
$240k
Bonus
Other
Benefits
$35k
Deputy Director
Highest Compensated Employee
75th to 90th percentilevs Community Improvement & Capacity Building peers nationwide
$200k
$224k
Base
$177k
Bonus
Other
Benefits
$23k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 32 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 FUNDING CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
24%
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.

Up 2%
from 2022

From $270k in 2022 to $275k in 2023.

$270k
2022
$275k
2023
In today's dollarsEst.
Down 2% in real terms$312k to $307k

Estimated with BLS CPI-U for the Northeast 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 2% from 2022 to 2023, while revenue rose 26%.

$270k in 2022 to $275k in 2023.
  • Highest Compensated Employee pay rose 1% 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.

Among peers

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

FAQ

Common questions about REGIONAL DEVELOPMENT FUNDING CORPORATION

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

In 2023, the Chief Executive Officer of REGIONAL DEVELOPMENT FUNDING CORPORATION received $274,700 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at Community Improvement & Capacity Building organizations in Pennsylvania, the 2023 pay of the Chief Executive Officer at REGIONAL DEVELOPMENT FUNDING CORPORATION falls in the top 10%. In 2023, the highest total compensation at REGIONAL DEVELOPMENT FUNDING CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are REGIONAL DEVELOPMENT FUNDING CORPORATION's revenue and expenses?

In 2023, REGIONAL DEVELOPMENT FUNDING CORPORATION reported $1.5M in total revenue and $1.2M in total expenses on its IRS Form 990.

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