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Filing year 2024

TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION

Daytona Beach, Florida·EIN 27-3203032·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$1.3M
Total assets
$1.6M
Total expenses
$1.1M
Reported officers
52
Mission

THE PRIMARY MISSION OF THE ORGANIZATION IS TO EXPAND VOLUSIA COUNTY'S ECONOMIC BASE CREATING A COMPETITIVELY SUSTAINABLE AND DIVERSIFIED ECONOMY.

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 in Florida.

CEO
75th to 90th percentile
$237k
$251k
Base
$218k
Bonus
Other
$7k
Benefits

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 51 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 TEAM VOLUSIA 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 5%
from 2023

From $226k in 2023 to $237k in 2024.

$226k
2023
$237k
2024
In today's dollarsEst.
Up 2% in real terms$247k to $251k

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 5% from 2023 to 2024, while revenue rose 4%.

$226k in 2023 to $237k 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 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION

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

In 2024, the Chief Executive Officer of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION received $236,554 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Florida, though not the top 10% of comparable filings. Based on IRS Form 990 data.

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

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

What are TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION reported $1.3M in total revenue and $1.1M in total expenses on its IRS Form 990.

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