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Filing year 2023

UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION

New York, New York·EIN 13-3808669·NTEE S310 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$5M
Total assets
$82.9M
Total expenses
$4.8M
Reported officers
21
Mission

TO SUSTAIN THE ECONOMIC REVITALIZATION OF ALL COMMUNITIES IN UPPER MANHATTAN THROUGH JOB CREATION, CORPORATE ALLIANCES, STRATEGIC INVESTMENTS, AND SMALL BUSINESS ASSISTANCE.

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 Community Improvement & Capacity Building organizations in New York.

CEO
Above 90th percentile
$437k
$491k
Base
$301k
Bonus
Other
$1k
Benefits
$45k
SVP & Chief Lending Officer
Senior Vice President
25th percentile to medianvs Community Improvement & Capacity Building peers nationwide
$200k
$225k
Base
$183k
Bonus
Other
$2k
Benefits
$6k
SVP & Chief Program Officer
Chief Program Officer
Median to 75th percentilevs all sectors nationwide
$193k
$217k
Base
$159k
Bonus
Other
$430
Benefits
$26k
CFO
75th to 90th percentile
$190k
$213k
Base
$150k
Bonus
Other
$2k
Benefits
$30k
Senior Commercial Lending Officer
Highest Compensated Employee
25th percentile to median
$127k
$142k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
9%
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.

Up 10%
from 2022

From $397k in 2022 to $437k in 2023.

$397k
2022
$437k
2023
In today's dollarsEst.
Up 6% in real terms$462k to $491k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, 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 10% from 2022 to 2023, while revenue fell 16%.

$397k in 2022 to $437k in 2023.
  • Senior Vice President pay rose 1% from 2022 to 2023.
  • Chief Financial Officer pay rose 45% 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 UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION

What does the Chief Executive Officer of UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION received $437,487 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building 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 UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in New York, the 2023 pay of the Chief Executive Officer at UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION falls in the top 10%. In 2023, the highest total compensation at UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, UPPER MANHATTAN EMPOWERMENT ZONE DEVELOPMENT CORPORATION reported $5M in total revenue and $4.8M in total expenses on its IRS Form 990.

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