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Filing year 2023

TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION

Ft Mitchell, Kentucky·EIN 61-1125577·501(c)(6)
Total revenue
$3.9M
Total assets
$19.4M
Total expenses
$2.7M
Reported officers
26
Mission

BUILD A WORLD-CLASS ECONOMY IN NORTHERN KENTUCKY THROUGH THE EXPANSION OF EXISTING BUSINESSES AND THE CREATION AND ATTRACTION OF HIGH QUALITY, PRIMARY INDUSTRY EMPLOYERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

President
Above 90th percentile
$339k
$370k
Base
$258k
Bonus
$60k
Other
$10k
Benefits
Vice President of Strategy
Vice President
75th to 90th percentile
$180k
$196k
Base
$158k
Bonus
$13k
Other
$2k
Benefits
Vice President of Economic
Vice President
75th to 90th percentile
$149k
$163k
Employee
Highest Compensated Employee
10th to 25th percentile
$123k
$134k
Employee
Highest Compensated Employee
10th to 25th percentile
$113k
$123k

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 21 unpaid individuals.

Held steady
from 2022

From $339k in 2022 to $339k in 2023.

$339k
2022
$339k
2023
In today's dollarsEst.
Down 4% in real terms$386k to $370k

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 held roughly steady from 2022 to 2023, while revenue fell 2%.

$339k in 2022 to $339k in 2023.
  • Vice President pay held roughly steady from 2022 to 2023.
  • Highest Compensated Employee pay fell 3% 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.
Financial trend

Revenue and expenses over time

TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4M
$2.4M
2022
$3.9M
$2.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION received $338,690 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION falls in the top 10%.

What are TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, TRI-COUNTY ECONOMIC DEVELOPMENT CORPORATION reported $3.9M in total revenue and $2.7M in total expenses on its IRS Form 990.

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