PeerBasis
Community Improvement · NY

Economic Development Corporation

Economic Development Corporation reported paying Jim Siplon, President/ceo, $167,369 in total compensation (FY 2023).

That places Jim Siplon at approximately the 86th percentile among 103 similarly sized community improvement nonprofits (median $99,633).

$637,594Total revenue (FY 2023)
$167,369Total executive compensation
86thPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for Economic Development Corporation — named comparables, percentiles, methodology, and the 26 CFR 53.4958-6 minutes language a board can use toward the rebuttable presumption.

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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.

OrganizationStateRevenueTotal comp
Greater Gratiot Development Inc MI$634,658 $195,487
Barracks Row Main Street Inc DC$630,490 $93,899
Rva Hampton Roads Mega Region VA$629,166 $172,765
Technology & Entrepreneurship Center Of TX$647,307 $108,997
Watertown Industrial Center NY$625,211 $90,601
Prime Community Housing And Development MD$651,943 $77,121
The Regensis Institute SC$652,488 $224,277
Rising Tide Community Loan Fund PA$652,946 $32,706

View original IRS filings on ProPublica →