TO STIMULATE AND SUPPORT ECONOMIC AND HOUSING DEVELOPMENT WITHIN THE COMMUNITIES OF THE CITY OF WATERBURY.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $171k
- Bonus
- —
- Other
- —
- Benefits
- —
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
VP of Operations Board Vice President Median to 75th percentile | $171k | — | — | — | $171k $191k |
Project Manager 25th percentile to medianvs all sectors nationwide | — | — | — | — | $115k $129k |
CFO 25th percentile to median | — | — | — | — | $87k $98k |
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 22 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2023, the highest total compensation at WATERBURY DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 18%
from 2022
From $145k in 2022 to $171k in 2023.
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.
Board Vice President pay rose 18% from 2022 to 2023, while revenue fell 11%.
- Project Manager pay rose 3% from 2022 to 2023.
- Chief Financial Officer pay rose 22% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about WATERBURY DEVELOPMENT CORPORATION
What does the Board Vice President of WATERBURY DEVELOPMENT CORPORATION earn?
In 2023, the Board Vice President of WATERBURY DEVELOPMENT CORPORATION received $170,899 in total compensation. This pay is above the median (the midpoint) for Board Vice President roles among Community Improvement & Capacity Building organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.
How does Board Vice President pay at WATERBURY DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board Vice President at WATERBURY DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at WATERBURY DEVELOPMENT CORPORATION equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are WATERBURY DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, WATERBURY DEVELOPMENT CORPORATION reported $3.3M in total revenue and $3.5M in total expenses on its IRS Form 990.
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