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Filing year 2024

THE MET DEVELOPMENT INC

Lexington, Kentucky·EIN 83-2503851·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.4M
Total assets
$26.1M
Total expenses
$1.3M
Reported officers
3
Mission

TO ENGAGE IN ECONOMIC DEVELOPMENT BY REVITALIZING A SEVERELY ECONOMICALLY DISTRESSED COMMUNITY.

Reported officers (all unpaid)

No paid executives reported in 2024. THE MET DEVELOPMENT INC reported 3 unpaid officers and board members on its 990.

President
Director
Director
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MET DEVELOPMENT INC equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
7%
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.

Financial trend

Revenue and expenses over time

THE MET DEVELOPMENT INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.4M
$1.3M
2023
$1.4M
$1.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Kentucky

THE MET DEVELOPMENT INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Kentucky earns a median of $65,000.

25th percentile
$27k
Median
$65,000
75th percentile
$120k
90th percentile
$188k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 120 organizations across 120 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Kentucky

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FAQ

Common questions about THE MET DEVELOPMENT INC

What are THE MET DEVELOPMENT INC's revenue and expenses?

In 2024, THE MET DEVELOPMENT INC reported $1.4M in total revenue and $1.3M in total expenses on its IRS Form 990.

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