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Filing year 2024

SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP

Groton, Connecticut·EIN 22-2973506·501(c)(3)
Total revenue
$3.3M
Total assets
$9.8M
Total expenses
$2.3M
Reported officers
30
Mission

VISION: SECTER IS THE LEAD REGIONAL ECONOMIC DEVELOPMENT RESOURCE, STIMULATING GROWTH AND PROSPERITY IN SOUTHEASTERN CONNECTICUT MISSION: MAKING SOUTHEASTERN CONNECTICUT STRONGER AND MORE VIBRANT BY 2030 VALUES: SECTER BELIEVES: -IN SUPPORTING AND MAKING OUR CLIENTS AND COMMUNITIES SUCCESSFUL -OUR BOARD AND STAFF ARE REFLECTIVE OF THE CLIENTS WE SERVE -IN VALUING OUR EMPLOYEES AND REWARDING INTEGRITY, TEAMWORK INNOVATION, AND EXCELLENCE -IN COLLABORATING WITH AND BEING RESPONSIVE TO CLIENTS AND PARTNERS -IN BEING ACCOUNTABLE FISCALLY AND PROFESSIONALLY TO ALL STAKEHOLDERS -IN ADVOCATING FOR OUR CLIENTS, OUR SERVICES, AND OUR COMMUNITY -IN DIVERSITY AND INCLUSIVENESS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
75th to 90th percentile
$169k
$182k
Base
$152k
Bonus
Other
Benefits

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 29 unpaid individuals.

Up 11%
from 2023

From $152k in 2023 to $169k in 2024.

$152k
2023
$169k
2024
In today's dollarsEst.
Up 7% in real terms$170k to $182k

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.

Pay for the position

Chief Executive Officer pay rose 11% from 2023 to 2024, while revenue fell 3%.

$152k in 2023 to $169k in 2024.

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

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

Revenue and expenses over time

SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.4M
$2.8M
2023
$3.3M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP

What does the Chief Executive Officer of SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP earn?

In 2024, the Chief Executive Officer of SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP received $168,621 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP falls between the 75th and 90th percentiles.

What are SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP's revenue and expenses?

In 2024, SOUTHEASTERN CONNECTICUT ENTERPRISE REGION CORP reported $3.3M in total revenue and $2.3M in total expenses on its IRS Form 990.

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