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Filing year 2024

TITUSVILLE DEVELOPMENT CORPORATION

Birmingham, Alabama·EIN 63-0964639·501(c)(3)
Total revenue
$624k
Total assets
$2.7M
Total expenses
$398k
Reported officers
6
Mission

To empower the community by removing blight inlow income neighborhoods, providing financial education workshops, and offering affordablehousing.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
25th percentile to median
$47k
$50k

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 5 unpaid individuals.

Climbed 13%
over 2 years

From $42k in 2022 to $47k in 2024.

$42k
2022
$47k
2023
$47k
2024
In today's dollarsEst.
Up 5% in real terms$47k to $50k

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 rose 13% from 2022 to 2024, while revenue fell 26%.

$42k in 2022 to $47k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TITUSVILLE DEVELOPMENT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$842k
$572k
2022
$735k
$720k
2023
$624k
$398k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TITUSVILLE DEVELOPMENT CORPORATION

What does the Chief Executive Officer of TITUSVILLE DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of TITUSVILLE DEVELOPMENT CORPORATION received $46,984 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at TITUSVILLE DEVELOPMENT CORPORATION falls between the 25th percentile and the median.

What are TITUSVILLE DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, TITUSVILLE DEVELOPMENT CORPORATION reported $624k in total revenue and $398k in total expenses on its IRS Form 990.

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