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Filing year 2024

THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER

Lancaster, Pennsylvania·EIN 47-4317726·NTEE S30 · Community Improvement & Capacity Building·3
Total revenue
$150k
Total assets
$796k
Total expenses
$237k
Reported officers
11
Mission

ENHANCE THE ECONOMIC WELL-BEING OF LANCASTER COUNTY BY BRINGING TOGETHER BUSINESS RESOURCES, CAPITAL AND GOVERNMENT FOR SELECTIVE, MEASURABLE AND SUSTAINABLE GROWTH.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Pennsylvania.

President
10th to 25th percentile
$24k
$26k
Vice Preside
Vice President
10th to 25th percentile
$8k
$9k

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 9 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 THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
10%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 65%
from 2023

From $14k in 2023 to $24k in 2024.

$14k
2023
$24k
2024
In today's dollarsEst.
Up 60% in real terms$16k to $26k

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 144% from 2023 to 2024, while revenue rose 178%.

$10k in 2023 to $24k in 2024.
  • Vice President pay rose 9% from 2023 to 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 THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER

What does the Chief Executive Officer of THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER earn?

In 2024, the Chief Executive Officer of THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER received $23,734 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Pennsylvania, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER falls between the 10th and 25th percentiles. In 2024, the highest total compensation at THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER equaled 10% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER's revenue and expenses?

In 2024, THE FOUNDATION OF THE ECONOMIC DEVELOPMENT COMPANY OF LANCASTER reported $150k in total revenue and $237k in total expenses on its IRS Form 990.

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