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Filing year 2024

WIREGRASS ECONOMIC DEVELOPMENT CORPORATION

Enterprise, Alabama·EIN 63-1113305·501(c)(6)
Total revenue
$462k
Total assets
$955k
Total expenses
$455k
Reported officers
28
Mission

TO PROMOTE COMMERCIAL AND INDUSTRIAL GROWTH AND PROSPERITY FOR THE CITY OF ENTERPRISE, COFFEE COUNTY AND GENEVA COUNTY, ALABAMA. THE BOARD WILL PURSUE A PROGRAM WHICH INCLUDES, BUT IS NOT LIMITED TO: (1) ESTABLISH AND MAINTAIN A SUPPORT AND RETENTION PROGRAM FOR EXISTING BUSINESS AND INDUSTRY; (2) WORK TO MAINTAIN A HIGH PER CAPITA INCOME AND CREATE JOBS THAT PAY ABOVE THE AVERAGE WAGE RATES FOR SOUTHEAST ALABAMA; (3) RECRUIT NEW MANUFACTURING AND SERVICE SECTOR JOBS FOR OUR MARKET AREA; (4) WORK TO INCREASE RETAIL SALES WITHIN OUR TRADE AREA ON AN ANNUAL BASIS; AND, ALL OTHER AREAS DEEMED NECESSARY TO PROMOTE ECONOMIC DEVELOPMENT IN SOUTHEAST ALABAMA.

Executive compensation

Form 990 · Part VII & 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.

Executive Director
Median to 75th percentile
$100k
$106k

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 27 unpaid individuals.

Up 5%
from 2023

From $96k in 2023 to $100k in 2024.

$96k
2023
$100k
2024
In today's dollarsEst.
Up 1% in real terms$105k to $106k

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.

Pay for the position

Chief Executive Officer pay rose 5% from 2023 to 2024, while revenue rose 22%.

$96k in 2023 to $100k 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

WIREGRASS ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$377k
$456k
2023
$462k
$455k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about WIREGRASS ECONOMIC DEVELOPMENT CORPORATION

What does the Chief Executive Officer of WIREGRASS ECONOMIC DEVELOPMENT CORPORATION earn?

In 2024, the Chief Executive Officer of WIREGRASS ECONOMIC DEVELOPMENT CORPORATION received $100,320 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 WIREGRASS ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?

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

What are WIREGRASS ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, WIREGRASS ECONOMIC DEVELOPMENT CORPORATION reported $462k in total revenue and $455k in total expenses on its IRS Form 990.

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