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Filing year 2024

WATERTOWN LOCAL DEVELOPMENT CORPORATION

Watertown, New York·EIN 16-1199439·NTEE S31Z · Community Improvement & Capacity Building·3
Total revenue
$748k
Total assets
$10.2M
Total expenses
$347k
Reported officers
10
Mission

THE ORGANIZATION'S MISSION IS TO FOSTER AN ENVIRONMENT OF COOPERATION BETWEEN THE CITY GOVERNMENT, ECONOMIC DEVELOPMENT AGENCIES AND THE PRIVATE SECTOR WITH THE GOAL OF PROMOTING ECONOMIC EXPANSION AND PROSPERITY IN THE CITY OF WATERTOWN. MOREOVER, THE ORGANIZATION USES FINANCIAL RESOURCES TO LEVERAGE OTHER INVESTMENTS, WITH THE GOAL OF JOB CREATION, RETENTION AND ELIMINATION OF BLIGHT.

Executive compensation

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

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 7 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Down 48%
from 2023

From $162k in 2023 to $84k in 2024.

$162k
2023
$84k
2024
In today's dollarsEst.
Down 50% in real terms$181k to $91k

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.

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.

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