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Filing year 2023

Salisbury Wicomico Economic Development Inc

Salisbury, Maryland·EIN 52-0885275·501(c)(4)
Total revenue
$2.4M
Total assets
$1.8M
Total expenses
$2.3M
Reported officers
27
Mission

RESPONSIBLE FOR THE ENHANCEMENT OF THE SOCIO-ECONOMIC ENVIRONMENT OF SALISBURY AND THE WICOMICO COUNTY REGION THROUGH THE PRESERVATION AND CREATION OF PRODUCTIVE EMPLOYMENT OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Executive Dir.
Officer (Unspecified)
$167k
$182k
Base
$162k
Bonus
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

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

Plus 26 unpaid individuals.

Up 6%
from 2022

From $157k in 2022 to $167k in 2023.

$157k
2022
$167k
2023
In today's dollarsEst.
Up 2% in real terms$180k to $182k

Estimated with BLS CPI-U for the South 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

Salisbury Wicomico Economic Development Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$971k
$935k
2022
$2.4M
$2.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Salisbury Wicomico Economic Development Inc

What are Salisbury Wicomico Economic Development Inc's revenue and expenses?

In 2023, Salisbury Wicomico Economic Development Inc reported $2.4M in total revenue and $2.3M in total expenses on its IRS Form 990.

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