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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Wilmington Business Development

Wilmington Business Development

Fiscal year ending 2020. Filed on November 12, 2020.

P O Box 1698
Wilmington, North Carolina 28402

Wilmington Business Development (EIN: 56-0636999) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Wilmington Business Development, a 501(c)(6) business league, reported compensation for 2 out of 5 total employees. Among the employees shown here, the average compensation is $288,397. The highest compensated employee at Wilmington Business Development is R Scott Satterfield with fiscal year 2020 compensation of $432,892.

Revenue, expenses, and employee compensation

Revenue

$1,079,262

Expenses

$1,070,537

Employee compensation

$806,232
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

R Scott Satterfield
Chief Executive Officer and Secretary
$432,892
$373,506 No related comp$59,386
Billy King
Business Development Director
$143,902
$127,812 No related comp$16,090

Benchmark Employee Compensation

Non-Employee Board Members

Bill Cherry
Chair
Bill Saffo
Director ex officio
David Williams
Director ex officio
Fred Samz
Treasurer
Jack Barto
Director
John Elliot
Former Ex-Officio Director
Julia Olsen-Boseman
Former Ex-Officio Director
Lauren Henderson
Director
Michael McWhorter
Director
Michael Youngblood
Director
Mitch Keel
Director
Patricia Kusek
Director ex officio

Mission Statement

THE ORGANIZATION'S MISSION IS TO ENCOURAGE, SOLICIT, ADVERTISE AND PROMOTE THE LOCATION AND OPERATION OF INDUSTRIAL AND MANUFACTURING ESTABLISHMENTS WITHIN THE TRADE AREAS OF THE CITY OF WILMINGTON, AND NEW HANOVER AND PENDER COUNTIES, N.C.

Revisions to this organization profile

February 26, 2025:
2024 Wilmington Business Development 990 filed
December 22, 2023:
2023 Wilmington Business Development 990 filed
November 28, 2022:
2022 Wilmington Business Development 990 filed

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