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Filing year 2023

STRATEGIC ECONOMIC DEVELOPMENT CORPORATION OF THE MID-WILLAMETTE VALLEY

Salem, Oregon·EIN 93-0810393·6
Total revenue
$1.2M
Total assets
$1M
Total expenses
$4.2M
Reported officers
47
Mission

SEDCOR (STRATEGIC ECONOMIC DEVELOPMENT CORPORATION) IS A NONPROFIT ORGANIZATION WORKING WITH PRIVATE AND PUBLIC PARTNERS TO ENHANCE AND DIVERSIFY THE MID-WILLAMETTE VALLEY ECONOMY. SINCE 1982, SEDCOR HAS BUILT AND STRENGTHENED POSITIVE AND PRODUCTIVE PARTNERSHIPS WITH INDUSTRY LEADERS, NONPROFITS, BUSINESS ADVOCACY GROUPS, COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, STATE AND FEDERAL AGENCIES, LOCAL GOVERNMENTS, AND MORE. SEDCOR'S DRIVE TO GROW AND SHOWCASE ECONOMIC DEVELOPMENT IN MARION, POLK AND YAMHILL COUNTIES IS WITH A SINGULAR FOCUS: BRING TRADED SECTOR JOBS AND WEALTH TO THE LOCAL ECONOMY. SEDCOR'S MISSION IS 'OPPORTUNITY AND IT IS BUILT ON THE FOUNDING VALUES TO: LISTEN FIRST; THINK OUTSIDE THE BOX; ACT WITH AGILITY; AND BUILD TO LAST. THIS IS DONE BY THOUGHTFULLY CULTIVATING RELATIONSHIPS AND COLLABORATING WITH PARTNERS ACROSS SECTORS TO RETAIN AND ATTRACT HIGH VALUE JOBS AND CAPITAL INVESTMENT, WHILE PROVIDING MEMBER SERVICES THAT SUPPORT BUSINESS SUCCESS

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2023

$167k
$182k
Base
$150k
Bonus
Other
Benefits
$17k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 46 unpaid individuals.

Up 8%
from 2022

From $155k in 2022 to $167k in 2023.

$155k
2022
$167k
2023
In today's dollarsEst.
Up 3% in real terms$176k to $182k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

STRATEGIC ECONOMIC DEVELOPMENT CORPORATION OF THE MID-WILLAMETTE VALLEY reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.2M
$1.2M
2022
$1.2M
$4.2M
2023
Total revenue and total expenses from IRS Form 990 filings.
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