Skip to main content
Filing year 2023

RURAL ECONOMIC DEVELOPMENT CENTER INC

Raleigh, North Carolina·EIN 56-1552375·NTEE S320 · Community Improvement & Capacity Building·3
Total revenue
$60.7M
Total assets
$247.4M
Total expenses
$0
Reported officers
35
Mission

THE MISSION OF THE ORGANIZATION IS TO DEVELOP, IMPLEMENT AND PROMOTE SOUND ECONOMIC STRATEGIES THAT IMPROVE THE QUALITY OF LIFE OF RURAL NORTH CAROLINIANS, WITH A SPECIAL FOCUS ON INDIVIDUALS WITH LOW TO MODERATE INCOMES AND COMMUNITIES WITH LIMITED RESOURCES.

Executive compensation, broken down

Form 990 · Schedule J · 12 reported individuals · Filing year 2023

Base salaryBonusOther compensationBenefits
Base salaryBonusOther compensationBenefitsExecutive compensation
$286k
Exec Dir, Thread Capital (to Aug '23)
officer (unspecified)
$284k
Cfo/asst Treasurer
$234k
Chief Programs Officer
key employee
$232k
Exec Dir, Cornersquare Llc
highest compensated employee
$219k
Dir of Internal Compliance and Audit
officer (unspecified)
$176k
Dir of Lending and Client Support
highest compensated employee
$161k
Product Manager
highest compensated employee
$155k
Controller
highest compensated employee
$153k
Sbc Dir of Operations
highest compensated employee
$151k
COO (from Jul '23)
$125k
Assistant Secretary
secretary (operational)
$97k

Plus 23 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 1%
from 2022

From $282k in 2022 to $286k in 2023.

$282k
2022
$286k
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.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Create free account
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.