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Filing year 2023

SAGINAW ECONOMIC DEVELOPMENT CORPORATION

Saginaw, Michigan·EIN 38-2028057·3
Total revenue
$680k
Total assets
$2.5M
Total expenses
$219k
Reported officers
14
Mission

TO CREATE AND RETAIN JOBS AND TO EXPAND AND DIVERSIFY THE ECONOMIC BASE OF THE CITY OF SAGINAW.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Omb Director
Director (Operational)
10th to 25th percentile
$30k
$33k
Econ Dev COO
10th to 25th percentile
$28k
$31k

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 12 unpaid individuals.

Up 8%
from 2022

From $27k in 2022 to $30k in 2023.

$27k
2022
$30k
2023
In today's dollarsEst.
Up 4% in real terms$31k to $33k

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.

Pay for the position

Director (Operational) pay rose 32% from 2022 to 2023, while revenue rose 1320%.

$22k in 2022 to $30k in 2023.
  • Chief Operating Officer pay rose 3% 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.
Financial trend

Revenue and expenses over time

SAGINAW ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$48k
$492k
2022
$680k
$219k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SAGINAW ECONOMIC DEVELOPMENT CORPORATION

What does the Director (Operational) of SAGINAW ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Director (Operational) of SAGINAW ECONOMIC DEVELOPMENT CORPORATION received $29,575 in total compensation. This pay is in the bottom quarter for Director (Operational) roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at SAGINAW ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Director (Operational) at SAGINAW ECONOMIC DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles.

What are SAGINAW ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, SAGINAW ECONOMIC DEVELOPMENT CORPORATION reported $680k in total revenue and $219k in total expenses on its IRS Form 990.

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