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Filing year 2024

SOUTH SHORE ECONOMIC DEVELOPMENT CORP

Rockland, Massachusetts·EIN 23-7362584·4
Total revenue
$274k
Total assets
$241k
Total expenses
$224k
Reported officers
27
Mission

THE ORGANIZATION WORKS CLOSELY WITH THE SOUTH SHORE CHAMBER OF COMMERCE, A RELATED PARTY TO PROMOTE A STRONGER REGIONAL ECONOMY AND TO PROMOTE COMMUNITY DEVELOPMENT FOR SUSTAINABLE GROWTH.

Executive compensation

Form 990 · 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.

Chamber Vice President
Vice President
25th percentile to median
$30k
$32k
Chamber Director of Development
Below 10th percentile
$30k
$32k
President & Treasurer
Below 10th percentile
$7k
$8k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 24 unpaid individuals.

Pay for the position

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue fell 33%.

$7k in 2023 to $7k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Financial trend

Revenue and expenses over time

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

RevenueExpenses
$411k
$420k
2023
$274k
$224k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTH SHORE ECONOMIC DEVELOPMENT CORP

What does the Vice President of SOUTH SHORE ECONOMIC DEVELOPMENT CORP earn?

In 2024, the Vice President of SOUTH SHORE ECONOMIC DEVELOPMENT CORP received $30,346 in total compensation. This pay is below the median (the midpoint) for Vice President roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Vice President pay at SOUTH SHORE ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Vice President at SOUTH SHORE ECONOMIC DEVELOPMENT CORP falls between the 25th percentile and the median.

What are SOUTH SHORE ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2024, SOUTH SHORE ECONOMIC DEVELOPMENT CORP reported $274k in total revenue and $224k in total expenses on its IRS Form 990.

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