Community Improvement · NY
The Local Development Corporation
The Local Development Corporation reported paying Val Henry, President/ceo, $190,738 in total compensation (FY 2023).
That places Val Henry at approximately the 94th percentile among 18 similarly sized community improvement nonprofits (median $88,868).
$1,226,111Total revenue (FY 2023)
$190,738Total executive compensation
94thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for The Local Development Corporation — 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 community improvement nonprofits
Compensation is normalized to NY cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Central District Management Association | NY | $1,262,384 | $124,706 |
| Asian American Business Development | NY | $1,188,508 | $114,129 |
| West Side Community Services Inc | NY | $1,182,825 | $94,203 |
| Downtown Albany Restoration Program Inc | NY | $1,162,489 | $166,542 |
| Communitas America Inc | NY | $1,295,827 | $254,577 |
| Alliance For Coney Island Inc | NY | $1,073,096 | $74,802 |
| Cooper Square Community Development Committee Inc | NY | $1,059,931 | $78,120 |
| Long Island City Business Improvement | NY | $1,023,984 | $16,415 |