PeerBasis
Community Improvement · WI

The Greater Beloit Economic Development

The Greater Beloit Economic Development reported paying Drew Pennington, President/ceo, $40,293 in total compensation (FY 2024).

That places Drew Pennington at approximately the 35th percentile among 155 similarly sized community improvement nonprofits (median $48,212).

$161,789Total revenue (FY 2024)
$40,293Total executive compensation
35thPercentile vs. peers

Setting executive pay for this board?

Generate a board-ready comparability report for The Greater Beloit Economic Development — 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 WI cost of living (BEA Regional Price Parities); each organization's reported figure is on its linked 990.

OrganizationStateRevenueTotal comp
Sac Economic & Tourism Development IA$161,772 $68,542
Wilmington Works Inc VT$161,614 $41,008
Brewery District Community Urban Redeveloment Corporation OH$162,110 $64,258
Abayomi Community Development MI$162,260 $59,299
Acres Home Chamber For Business And TX$161,208 $23,667
Main Street Martinsburg Inc WV$160,986 $69,777
Cambridge Main Street Inc MD$164,326 $60,248
Willow Apts Group Home Inc KY$164,382 $59,687

View original IRS filings on ProPublica →