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Filing year 2024

STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

Staten Island, New York·EIN 13-3706442·NTEE S30Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$2.3M
Total assets
$2.3M
Total expenses
$2.2M
Reported officers
47
Mission

THE PURPOSE OF THE ORGANIZATION IS TO PLAN AND TO PROMOTE AND, IF NECESSARY, COORDINATE AND EXECUTE PROGRAMS IN STATEN ISLAND, NEW YORK, TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS AND TO IMPROVE THE BUSINESS ENVIRONMENT AND EMPLOYMENT BASE OF STATEN ISLAND.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in New York.

President &
75th to 90th percentile
$257k
$278k
Base
$250k
Bonus
Other
Benefits
$7k
Sr. Vice Pre
Officer (Unspecified)
$184k
$199k
Base
$160k
Bonus
Other
Benefits
$20k
VP Projects
Board Vice President
25th percentile to median
$120k
$130k
Comptroller
Controller
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$92k
$100k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 43 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
12%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 13%
from 2023

From $228k in 2023 to $257k in 2024.

$228k
2023
$257k
2024
In today's dollarsEst.
Up 9% in real terms$256k to $278k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 16% from 2023 to 2024, while revenue fell 6%.

$223k in 2023 to $257k in 2024.
  • Controller pay held roughly steady from 2023 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION

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

In 2024, the Chief Executive Officer of STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION received $257,191 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in New York, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2024 pay of the Chief Executive Officer at STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION equaled 12% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION reported $2.3M in total revenue and $2.2M in total expenses on its IRS Form 990.

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