RAEDI'S MISSION IS TO LEAD AND SUPPORT ECONOMIC, COMMUNITY, AND WORKFORCE DEVELOPMENT INITIATIVES THAT GROW, AND DIVERSIFY THE GREATER ROCHESTER AREA ECONOMY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $185k
- Bonus
- —
- Other
- —
- Benefits
- $16k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President 75th to 90th percentile | $185k | — | — | $16k | $214k $231k |
Director of Operations Median to 75th percentile | — | — | — | — | $143k $153k |
Director of Economic Development 25th percentile to median | — | — | — | — | $123k $132k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 20 unpaid individuals.
Up 8%
from 2023
From $198k in 2023 to $214k in 2024.
Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue fell 15%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
ROCHESTER AREA ECONOMIC DEVELOPMENT INC reported revenue and expenses across 2 filing years.
Common questions about ROCHESTER AREA ECONOMIC DEVELOPMENT INC
What does the Chief Executive Officer of ROCHESTER AREA ECONOMIC DEVELOPMENT INC earn?
In 2024, the Chief Executive Officer of ROCHESTER AREA ECONOMIC DEVELOPMENT INC received $214,436 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 ROCHESTER AREA ECONOMIC DEVELOPMENT INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ROCHESTER AREA ECONOMIC DEVELOPMENT INC falls between the 75th and 90th percentiles.
What are ROCHESTER AREA ECONOMIC DEVELOPMENT INC's revenue and expenses?
In 2024, ROCHESTER AREA ECONOMIC DEVELOPMENT INC reported $1.4M in total revenue and $1.4M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit COO Salary
What nonprofit COOs earn, what drives the number, and how to use public compensation data in a job search or board decision.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read more