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Filing year 2024

WAYNE ECONOMIC DEVELOPMENT COUNCIL INC

Wooster, Ohio·EIN 34-1686471·4
Total revenue
$647k
Total assets
$329k
Total expenses
$598k
Reported officers
22
Mission

TO MAXIMIZE THE DEVELOPMENT AND UTILIZATION OF THE HUMAN AND ECONOMIC RESOURCES OF THE WAYNE COUNTY GEORGRAPHICAL AREA IN ORDER TO CREATE OR PRESERVE JOBS AND EMPLOYMENT OPPORTUNITIES AND IMPROVE THE WELFARE OF PEOPLE OF THE AREA.

Executive compensation, broken down

Form 990 · 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.

President
Median to 75th percentile
$165k
$178k
Base
$143k
Bonus
Other
Benefits
$11k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Up 4%
from 2023

From $159k in 2023 to $165k in 2024.

$159k
2023
$165k
2024
In today's dollarsEst.
Up 2% in real terms$175k to $178k

Estimated with BLS CPI-U for the Midwest 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 4% from 2023 to 2024, while revenue fell 10%.

$159k in 2023 to $165k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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

WAYNE ECONOMIC DEVELOPMENT COUNCIL INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$716k
$626k
2023
$647k
$598k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WAYNE ECONOMIC DEVELOPMENT COUNCIL INC

What does the Chief Executive Officer of WAYNE ECONOMIC DEVELOPMENT COUNCIL INC earn?

In 2024, the Chief Executive Officer of WAYNE ECONOMIC DEVELOPMENT COUNCIL INC received $165,394 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WAYNE ECONOMIC DEVELOPMENT COUNCIL INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at WAYNE ECONOMIC DEVELOPMENT COUNCIL INC falls between the median and the 75th percentile.

What are WAYNE ECONOMIC DEVELOPMENT COUNCIL INC's revenue and expenses?

In 2024, WAYNE ECONOMIC DEVELOPMENT COUNCIL INC reported $647k in total revenue and $598k in total expenses on its IRS Form 990.

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