ADVANCECT IS A PRIVATE NONPROFIT CORPORATION THAT DRIVES JOB CREATION AND NEW CAPITAL INVESTMENT IN CONNECTICUT THROUGH HIGH-IMPACT ECONOMIC DEVELOPMENT INCLUDING BUSINESS ATTRACTION, RETENTION, AND EXPANSION.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
- Base
- $271k
- Bonus
- —
- Other
- —
- Benefits
- $24k
- Base
- $209k
- Bonus
- —
- Other
- —
- Benefits
- $23k
- Base
- $132k
- Bonus
- —
- Other
- —
- Benefits
- $32k
- Base
- $143k
- Bonus
- —
- Other
- —
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President & CEO 75th to 90th percentile | $271k | — | — | $24k | $295k $319k |
VP Business Development Board Vice President 75th to 90th percentile | $209k | — | — | $23k | $232k $251k |
Vp, Marketing Board Vice President Median to 75th percentile | $132k | — | — | $32k | $164k $177k |
Vp, Research Board Vice President Median to 75th percentile | $143k | — | — | $15k | $158k $170k |
Senior Dir, Business Devel Highest Compensated Employee 25th percentile to median | — | — | — | — | $150k $161k |
VP Operations Board Vice President Median to 75th percentile | — | — | — | — | $146k $157k |
VP Business Development Board Vice President Median to 75th percentile | — | — | — | — | $145k $156k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 22 unpaid individuals.
Up 14%
from 2023
From $260k in 2023 to $295k in 2024.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 14% from 2023 to 2024, while revenue rose 6%.
- Board Vice President pay rose 34% from 2023 to 2024.
- Highest Compensated Employee pay rose 12% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Revenue and expenses over time
THE CONNECTICUT ECONOMIC RESOURCE CENTER INC reported revenue and expenses across 2 filing years.
Common questions about THE CONNECTICUT ECONOMIC RESOURCE CENTER INC
What does the Chief Executive Officer of THE CONNECTICUT ECONOMIC RESOURCE CENTER INC earn?
In 2024, the Chief Executive Officer of THE CONNECTICUT ECONOMIC RESOURCE CENTER INC received $295,118 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE CONNECTICUT ECONOMIC RESOURCE CENTER INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at THE CONNECTICUT ECONOMIC RESOURCE CENTER INC falls between the 75th and 90th percentiles.
What are THE CONNECTICUT ECONOMIC RESOURCE CENTER INC's revenue and expenses?
In 2024, THE CONNECTICUT ECONOMIC RESOURCE CENTER INC reported $5.3M in total revenue and $4.7M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read moreAre Nonprofit Salaries Public?
What IRS Form 990 discloses about executive compensation, who has to report it, and how to look it up.
Read more