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Filing year 2023

TEMPLE ECONOMIC DEVELOPMENT CORPORATION

Temple, Texas·EIN 74-2504998·501(c)(6)
Total revenue
$17.6M
Total assets
$65.4M
Total expenses
$6.6M
Reported officers
17

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

President
Above 90th percentile
$374k
$408k
Base
$374k
Bonus
Other
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 16 unpaid individuals.

Down 32%
from 2022

From $549k in 2022 to $374k in 2023.

$549k
2022
$374k
2023
In today's dollarsEst.
Down 35% in real terms$627k to $408k

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 fell 32% from 2022 to 2023, while revenue rose 467%.

$549k in 2022 to $374k in 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

TEMPLE ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.1M
$2.2M
2022
$17.6M
$6.6M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TEMPLE ECONOMIC DEVELOPMENT CORPORATION

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

In 2023, the Chief Executive Officer of TEMPLE ECONOMIC DEVELOPMENT CORPORATION received $373,550 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

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

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at TEMPLE ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%.

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

In 2023, TEMPLE ECONOMIC DEVELOPMENT CORPORATION reported $17.6M in total revenue and $6.6M in total expenses on its IRS Form 990.

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