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Filing year 2023

THE ECONOMIC DEVELOPMENT GROUP INC

Buffalo, New York·EIN 22-3781639·NTEE N20 · Recreation & Sports·501(c)(3)
Total revenue
$5.6M
Total assets
$5.4M
Total expenses
$5.1M
Reported officers
19
Mission

THE MISSION OF NORTHLAND WORKING TRAINING CENTER IS TO ADVANCE THE ECONOMIC WELL-BEING OF WESTERN NEW YORK BY DEVELOPING AND MAINTAINING A SKILLED AND DIVERSE WORKFORCE TO MEET THE NEEDS OF THE ADVANCED MANUFACTURING AND ENERGY SECTORS, WHILE PROVIDING OPPORTUNITIES TO JOB SEEKERS AS WELL AS PATHWAYS TO GAINFUL EMPLOYMENT, CAREER ADVANCEMENT AND ECONOMIC SUSTAINABILITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Recreation & Sports organizations nationwide.

President & CEO
Above 90th percentilevs Recreation & Sports peers in New York
$342k
$382k
Base
$315k
Bonus
Other
Benefits
$18k
VP of Enrollment and Organ
Vice President
Above 90th percentile
$129k
$144k
VP of Operations
Vice President
Above 90th percentile
$118k
$132k

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 16 unpaid individuals.

Browse compensation in Recreation & Sports

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE ECONOMIC DEVELOPMENT GROUP INC equaled 7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
7%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 57%
from 2022

From $218k in 2022 to $342k in 2023.

$218k
2022
$342k
2023
In today's dollarsEst.
Up 52% in real terms$251k to $382k

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.

Pay for the position

Chief Executive Officer pay rose 57% from 2022 to 2023, while revenue rose 16%.

$218k in 2022 to $342k in 2023.
  • Vice President pay rose 58% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE ECONOMIC DEVELOPMENT GROUP INC

What does the Chief Executive Officer of THE ECONOMIC DEVELOPMENT GROUP INC earn?

In 2023, the Chief Executive Officer of THE ECONOMIC DEVELOPMENT GROUP INC received $342,131 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Recreation & Sports organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE ECONOMIC DEVELOPMENT GROUP INC compare with similar nonprofits?

Compared with the same role at Recreation & Sports organizations in New York, the 2023 pay of the Chief Executive Officer at THE ECONOMIC DEVELOPMENT GROUP INC falls in the top 10%. In 2023, the highest total compensation at THE ECONOMIC DEVELOPMENT GROUP INC equaled 7% of the organization's total expenses. The median for recreation & sports organizations is 8%.

What are THE ECONOMIC DEVELOPMENT GROUP INC's revenue and expenses?

In 2023, THE ECONOMIC DEVELOPMENT GROUP INC reported $5.6M in total revenue and $5.1M in total expenses on its IRS Form 990.

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