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Filing year 2024

WEST CENTRAL DEVELOPMENT CORPORATION

Perrysburg, Ohio·EIN 20-5542830·NTEE S12 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.7M
Total assets
$7.2M
Total expenses
$963k
Reported officers
7
Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND SUSTAINABLE JOB GROWTH THROUGH FINANCING OF VIABLE SMALL BUSINESSES BY BEING AN AGENT OF THE GOVERNMENT, A PARTNER FOR COMMUNITY BANKS AND A CHAMPION FOR BUSINESSES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Ohio.

Coo/secretary/treasurer
Officer (Unspecified)
$230k
$248k
Base
$211k
Bonus
Other
Benefits
$11k
President/ceo
75th to 90th percentile
$209k
$225k
Base
$185k
Bonus
Other
Benefits
$16k

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 5 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WEST CENTRAL DEVELOPMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
24%
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 62%
from 2023

From $142k in 2023 to $230k in 2024.

$142k
2023
$230k
2024
In today's dollarsEst.
Up 57% in real terms$157k to $248k

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 73% from 2023 to 2024, while revenue fell 15%.

$121k in 2023 to $209k 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WEST CENTRAL DEVELOPMENT CORPORATION

What does the Chief Executive Officer of WEST CENTRAL DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of WEST CENTRAL DEVELOPMENT CORPORATION received $209,268 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WEST CENTRAL DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Ohio, the 2024 pay of the Chief Executive Officer at WEST CENTRAL DEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at WEST CENTRAL DEVELOPMENT CORPORATION equaled 24% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are WEST CENTRAL DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, WEST CENTRAL DEVELOPMENT CORPORATION reported $1.7M in total revenue and $963k in total expenses on its IRS Form 990.

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