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Filing year 2023

SUWANNEE RIVER ECONOMIC COUNCIL INC

Live Oak, Florida·EIN 59-1101989·501(c)(3)
Total revenue
$10.6M
Total assets
$12.1M
Total expenses
$10.6M
Reported officers
29
Mission

TO FURTHER THE EDUCATIONAL, HOUSING, TRANSPORTATION, ECONOMIC AND SOCIAL DEVELOPMENT OF THE CITIZENS OF FLORIDA PRIMARILY WITHIN THE TEN COUNTIES SERVED BY THE SUWANNEE RIVER ECONOMIC COUNCIL, INC. THESE COUNTIES ARE BRADFORD, COLUMBIA, DIXIE, GILCHRIST, HAMILTON, LAFAYETTE, MADISON, SUWANNEE, TAYLOR AND UNION. THIS INCLUDES:1. ADMINISTERING THE PROGRAMS OF THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY AND OTHER APPROPRIATE AGENCIES IN THE PRIMARILY AFOREMENTIONED TEN COUNTY AREA.2. WORKING WITH THE THREE SIGNIFICANT GROUPS IN THE COMMUNITY; THAT IS, THE POOR, THE PUBLIC SECTOR AND THE PRIVATE SECTOR, TO SEEK OUT, IDENTIFY AND ELIMINATE THE CAUSE OF POVERTY WITHIN THE COMMUNITY.3. MAKING THE ENTIRE COMMUNITY MORE RESPONSIVE TO THE NEEDS AND INTERESTS OF THE POOR BY MOBILIZING AVAILABLE RESOURCES.4. PLANNING AND DEVELOPING A SYSTEM OF PRIORITIES AMONG PROJECTS, ACTIVITIES AND AREAS AS NEEDED FOR THE MOST EFFECTIVE AND EFFICIENT USES OF RESOURCES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

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

Executive Director
Median to 75th percentile
$165k
$180k
Base
$136k
Bonus
Other
Benefits
$11k
Director of Finance
Median to 75th percentile
$138k
$151k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 27 unpaid individuals.

Funded by

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

Up 2%
from 2022

From $162k in 2022 to $165k in 2023.

$162k
2022
$165k
2023
In today's dollarsEst.
Down 3% in real terms$185k to $180k

Estimated with BLS CPI-U for the South 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 2% from 2022 to 2023, while revenue fell 7%.

$162k in 2022 to $165k in 2023.
  • Chief Financial Officer pay rose 13% 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

SUWANNEE RIVER ECONOMIC COUNCIL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.4M
$11.1M
2022
$10.6M
$10.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SUWANNEE RIVER ECONOMIC COUNCIL INC

What does the Chief Executive Officer of SUWANNEE RIVER ECONOMIC COUNCIL INC earn?

In 2023, the Chief Executive Officer of SUWANNEE RIVER ECONOMIC COUNCIL INC received $164,951 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SUWANNEE RIVER ECONOMIC COUNCIL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SUWANNEE RIVER ECONOMIC COUNCIL INC falls between the median and the 75th percentile.

What are SUWANNEE RIVER ECONOMIC COUNCIL INC's revenue and expenses?

In 2023, SUWANNEE RIVER ECONOMIC COUNCIL INC reported $10.6M in total revenue and $10.6M in total expenses on its IRS Form 990.

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