Associate executive director vs co-owner

The differences between associate executive directors and co-owners can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both an associate executive director and a co-owner. Additionally, an associate executive director has an average salary of $111,674, which is higher than the $86,704 average annual salary of a co-owner.

The top three skills for an associate executive director include human resources, nursing home and financial management. The most important skills for a co-owner are customer service, financial statements, and business plan.

Associate executive director vs co-owner overview

	Associate Executive Director	Co-Owner
Yearly salary	$111,674	$86,704
Hourly rate	$53.69	$41.68
Growth rate	6%	6%
Number of jobs	93,808	52,915
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 54%
Average age	52	52
Years of experience	-	-

What does an associate executive director do?

An associate executive director spearheads and oversees projects and programs in an organization. Their responsibilities include setting guidelines and objectives, managing budgets and timelines, assessing the workforce's performance, coordinating with managers, researching new business opportunities, building positive relationships with potential business partners, and developing strategies to optimize overall operations. They also make decisions based on extensive research and analysis. Furthermore, an associate executive director must lead and encourage teams to reach goals, all while implementing the company's policies and regulations, developing new ones as necessary.

What does a co-owner do?

A co-owner is responsible for ensuring smooth business operations, searching for the best industrial opportunities to drive revenues and increase profitability. Some of the business co-owners' duties include planning activities for business promotions, monitoring current market trends, establishing a reliable workforce, developing product specifications, managing financial goals and cost estimates, strengthening marketing strategies, and keeping records of business papers and documents. A co-owner should have excellent leadership, communication, and decision-making skills to secure business growth and success.

Associate executive director vs co-owner salary

Associate executive directors and co-owners have different pay scales, as shown below.

	Associate Executive Director	Co-Owner
Average salary	$111,674	$86,704
Salary range	Between $63,000 And $194,000	Between $63,000 And $118,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	Northwell Health	-
Best paying industry	-	-

Differences between associate executive director and co-owner education

There are a few differences between an associate executive director and a co-owner in terms of educational background:

	Associate Executive Director	Co-Owner
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 54%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Associate executive director vs co-owner demographics

Here are the differences between associate executive directors' and co-owners' demographics:

	Associate Executive Director	Co-Owner
Average age	52	52
Gender ratio	Male, 47.8% Female, 52.2%	Male, 53.2% Female, 46.8%
Race ratio	Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.8% Asian, 7.7% White, 76.2% American Indian and Alaska Native, 0.6%	Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 76.8% American Indian and Alaska Native, 0.6%
LGBT Percentage	12%	12%

Differences between associate executive director and co-owner duties and responsibilities

Associate executive director example responsibilities.

Manage paid media campaigns on Facebook & Google.
Facilitate negotiations for commercial, Medicaid manage care contracts to expand provider network.
Manage funding allocation, disbursement, and financial oversight implementing necessary accountability measures as needed.
Lead the facility in implementing person-centered care/hospitality philosophy, electronic medical records, maximization of Medicare reimbursement, and alternative therapies.
Establish and develop relationships with ERP and consulting vendors with the goal of maximizing comparative advantage and cost efficient solution development.
Maintain all necessary licensing and certification (ISDH, JCAHO, AAAHC, Medicare).

Co-owner example responsibilities.

Manage inventory, profit and loss analysis, ROI, staff training and health department standards & safety regulations.
Manage budget and financial operations, including payroll and inventory.
Manage the day to day operation/financial operations of Medicare certify home health agency.
Acquire LLC, zone compliance, city business license and all other necessary documentation for a new business.
Complete all paperwork necessary for LLC, business license, insurance requirements, audits and home improvement license.
Photograph, edit (Photoshop) and upload pictures on website for new items or for products with new look.

Associate executive director vs co-owner skills

Common associate executive director skills

Human Resources, 10%
Nursing Home, 8%
Financial Management, 8%
Direct Supervision, 6%
Community Organizations, 6%
Resident Satisfaction, 4%

Common co-owner skills

Customer Service, 39%
Financial Statements, 13%
Business Plan, 4%
Real Estate, 3%
QuickBooks, 3%
Inventory Control, 3%

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Associate Executive Director
Associate Executive Director vs Co-Owner

Updated January 8, 2025

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