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Filing year 2024

STRAFFORD ECONOMIC DEVELOPMENT CORPORATION

Dover, New Hampshire·EIN 04-3367947·NTEE S400 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$18.2M
Total expenses
$940k
Reported officers
10
Mission

THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF MAINTAINING, IMPROVING, AND REVITALIZING THE LOCAL ECONOMIC AND INDUSTRIAL BASE AND TO ENSURE THE RETENTION AND CREATION OF HIGH QUALITY EMPLOYMENT OPPORTUNITIES FOR THE RESIDENTS OF THE COMMUNITY.

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 Community Improvement & Capacity Building organizations nationwide.

Executive Di
75th to 90th percentile
$198k
$211k
Base
$192k
Bonus
Other
Benefits

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 9 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 STRAFFORD ECONOMIC DEVELOPMENT CORPORATION equaled 21% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
21%
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.

Up 10%
from 2023

From $180k in 2023 to $198k in 2024.

$180k
2023
$198k
2024
In today's dollarsEst.
Up 6% in real terms$199k to $211k

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.

Pay for the position

Chief Executive Officer pay rose 10% from 2023 to 2024, while revenue fell 55%.

$180k in 2023 to $198k 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.

Among peers

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

FAQ

Common questions about STRAFFORD ECONOMIC DEVELOPMENT CORPORATION

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

In 2024, the Chief Executive Officer of STRAFFORD ECONOMIC DEVELOPMENT CORPORATION received $197,760 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at STRAFFORD ECONOMIC DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at STRAFFORD ECONOMIC DEVELOPMENT CORPORATION equaled 21% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

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

In 2024, STRAFFORD ECONOMIC DEVELOPMENT CORPORATION reported $1.1M in total revenue and $940k in total expenses on its IRS Form 990.

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