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Filing year 2023

RUTLAND ECONOMIC DEVELOPMENT CORP

Rutland, Vermont·EIN 03-0264949·6
Total revenue
$1.8M
Total assets
$3.8M
Total expenses
$1.7M
Reported officers
20
Mission

TO USE COLLABORATION, CREATIVITY, AND INGENUITY TO CREATE A REGIONAL ECONOMIC CLIMATE CONDUCIVE TO BUSINESS GROWTH BY RECRUITING TALENT AND BUSINESSES OF ALL KINDS, GROWING AND RETAINING EMPLOYERS, WHILE CREATING A BRIDGE TO COMMUNITY AND CULTURAL ORGANIZATIONS WHICH PROMOTE HEALTHY AND VIBRANT NEIGHBORHOODS AND ENHANCE THE QUALITY OF LIFE IN RUTLAND COUNTY.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Base salaryExecutive compensation
$117k
$130k

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 19 unpaid individuals.

Up 5%
from 2022

From $111k in 2022 to $117k in 2023.

$111k
2022
$117k
2023
In today's dollarsEst.
Up 1% in real terms$129k to $130k

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.

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

Revenue and expenses over time

RUTLAND ECONOMIC DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.1M
$1.2M
2022
$1.8M
$1.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
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