Public & Societal Benefit · MA
New Bedford Economic Development
New Bedford Economic Development reported paying Derek Santos, Executive Director, $202,767 in total compensation (FY 2023).
That places Derek Santos at approximately the 54th percentile among 24 similarly sized public & societal benefit nonprofits (median $185,810).
$3,383,460Total revenue (FY 2023)
$202,767Total executive compensation
54thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for New Bedford Economic Development — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.
Build the comparability report →Comparable public & societal benefit nonprofits
Compensation is normalized to MA cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| State Government Leadership Foundation | DC | $3,379,950 | $29,153 |
| The Heartland Institute | IL | $3,350,282 | $354,488 |
| National Forum For Black Public | DC | $3,445,118 | $197,643 |
| Institute For Local Government | CA | $3,484,389 | $244,348 |
| Council On Competitiveness | DC | $3,277,883 | $774,231 |
| Devou Properties Inc | KY | $3,049,144 | $139,840 |
| Institute For Free Speech | DC | $3,727,102 | $211,628 |
| Opensecrets | DC | $3,036,734 | $206,778 |