Community Improvement · NJ
Latin American Economic Development
Latin American Economic Development reported paying Raymond Lamboy, President & Ceo, $117,378 in total compensation (FY 2024).
That places Raymond Lamboy at approximately the 60th percentile among 40 similarly sized community improvement nonprofits (median $94,946).
$494,539Total revenue (FY 2024)
$117,378Total executive compensation
60thPercentile vs. peers
Setting executive pay for this board?
Generate a board-ready comparability report for Latin American 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 community improvement nonprofits
Compensation is normalized to NJ cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.
| Organization | State | Revenue | Total comp |
|---|---|---|---|
| Beta Group | MN | $489,970 | $116,939 |
| Pollylabs Foundation | NY | $489,188 | $72,469 |
| South Dakota Development Corporation | SD | $505,928 | $130,949 |
| Macomb County Community Dispute | MI | $466,668 | $125,967 |
| Mnsbir Inc | MN | $464,536 | $164,215 |
| Marietta Welcome Center Inc | GA | $458,815 | $74,729 |
| Sync Space Entrepreneur Center | TN | $456,808 | $143,139 |
| Boomin University | TN | $455,664 | $41,907 |