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Filing year 2023

SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION

Santa Ana, California·EIN 95-3560326·501(c)(3)
Total revenue
$3.5M
Total assets
$8.5M
Total expenses
$3.2M
Reported officers
22
Mission

TO BENEFIT THE COMMUNITIES SOUTHLAND SERVES BY STIMULATING EMPLOYMENT AND PRIVATE INVESTMENT, EXPANDING THE TAX BASE, AND INCREASING BUSINESS OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 19 reported individuals · Filing year 2023

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

President
Above 90th percentile
$353k
Base
$328k
Bonus
—
Other
—
Benefits
$8k
Loan Officer
Highest Compensated Employee
75th to 90th percentile
$332k
Base
$310k
Bonus
—
Other
—
Benefits
$15k
Vice President
75th to 90th percentile
$234k
Base
$212k
Bonus
—
Other
—
Benefits
$11k
Vice President
75th to 90th percentile
$232k
Base
$224k
Bonus
—
Other
—
Benefits
$1k
Loan Officer
Highest Compensated Employee
Median to 75th percentile
$177k
Base
$158k
Bonus
—
Other
—
Benefits
$14k
Vice President
75th to 90th percentile
$156k
Base
$140k
Bonus
—
Other
—
Benefits
$8k
Loan Officer
Highest Compensated Employee
25th percentile to median
$151k
Base
$137k
Bonus
—
Other
—
Benefits
$9k
Vice President
75th to 90th percentile
$135k
Underwriter
Officer (Unspecified)
$123k
Director
Board Member
Below 10th percentile
$300
Director
Board Member
Below 10th percentile
$300
Secretary/ Treasurer
Officer (Unspecified)
$300
Director
Board Member
Below 10th percentile
$300
Director
Board Member
Below 10th percentile
$200
Chairman
Board Chair
Below 10th percentile
$200
Director
Board Member
Below 10th percentile
$200
Director
Board Member
Below 10th percentile
$200
Director
Board Member
Below 10th percentile
$200
Director
Board Member
Below 10th percentile
$100

Plus 3 unpaid individuals.

Down 5%
from 2022

From $372k in 2022 to $353k in 2023.

$372k
2022
$353k
2023
Pay for the position

Chief Executive Officer pay rose 3% from 2022 to 2023, while revenue fell 6%.

$342k in 2022 to $353k in 2023.
  • Highest Compensated Employee pay fell 11% from 2022 to 2023.
  • Vice President pay rose 2% 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

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

RevenueExpenses
$3.7M
$3.3M
2022
$3.5M
$3.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION received $352,864 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%.

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

In 2023, SOUTHLAND ECONOMIC DEVELOPMENT CORPORATION reported $3.5M in total revenue and $3.2M in total expenses on its IRS Form 990.

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