Skip to main content
Filing year 2023

WHARTON ECONOMIC DEVELOPMENT CORP

Wharton, Texas·EIN 76-0573917·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$2.2M
Total expenses
$591k
Reported officers
9
Mission

TO DEVELOP A POSITIVE CLIMATE FOR BUSINESSES AND INDUSTRIAL GROWTH AND INVESTMENT; ASSIST IN THE CREATION OF JOBS; INCREASE THE TAX BASE OF THE VARIOUS TAXING ENTITIES; DIVERSIFY THE LOCAL ECONOMY TO MAKE IT MORE IMPERVIOUS TO STATE AND NATIONAL ECONOMIC RECESSION; AND MAKE PLANS AND TAKE NECESSARY ACTIONS TO INSURE THAT ALL NECESSARY INFRASTRUCTURE IS IN PLACE TO ALLOW FOR PROPER DEVELOPMENT OF WHARTON, TEXAS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Former Exec
Board Member
75th to 90th percentile
$104k
$114k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 8 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 WHARTON ECONOMIC DEVELOPMENT CORP equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
18%
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 7%
from 2022

From $97k in 2022 to $104k in 2023.

$97k
2022
$104k
2023
In today's dollarsEst.
Up 2% in real terms$111k to $114k

Estimated with BLS CPI-U for the South 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.

FAQ

Common questions about WHARTON ECONOMIC DEVELOPMENT CORP

What does the Board Member of WHARTON ECONOMIC DEVELOPMENT CORP earn?

In 2023, the Board Member of WHARTON ECONOMIC DEVELOPMENT CORP received $104,000 in total compensation. This pay is in the top quarter for Board Member roles among Community Improvement & Capacity Building organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at WHARTON ECONOMIC DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2023 pay of the Board Member at WHARTON ECONOMIC DEVELOPMENT CORP falls between the 75th and 90th percentiles. In 2023, the highest total compensation at WHARTON ECONOMIC DEVELOPMENT CORP equaled 18% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are WHARTON ECONOMIC DEVELOPMENT CORP's revenue and expenses?

In 2023, WHARTON ECONOMIC DEVELOPMENT CORP reported $1.1M in total revenue and $591k in total expenses on its IRS Form 990.

Free, forever
Build lists. Save your benchmarks.
A free Lucido account lets you build lists of nonprofits and save your search filters. No credit card.
Already a member? Sign in
Build a benchmark

Compare any role, sector, or revenue band

Build your own benchmark from millions of reported positions.