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Filing year 2024

51ST STREET WATER ASSOCIATION

Orland Park, Illinois·EIN 36-3943624·12
Total revenue
$611k
Total assets
$629k
Total expenses
$493k
Reported officers
3
Mission

ASSOCIATION PROVIDES DOMESTIC WATER SERVICE TO MEMBER COMPANIES, FOR WHICH MEMBERS PAY ASSESSMENTS BASED ON THEIR USAGE. EXPENSES ARE PRIMARILY INCURRED FOR MAINTENANCE OF THE WATER SYSTEM AND PAYMENTS TO THE CITY OF CHICAGO FOR WATER PURCHASED AND TRANSMITTED TO MEMBER COMPANIES.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
10th to 25th percentile
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 2 unpaid individuals.

Down 23%
from 2023

From $23k in 2023 to $18k in 2024.

$23k
2023
$18k
2024
In today's dollarsEst.
Down 26% in real terms$26k to $19k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 23% from 2023 to 2024, while revenue rose 55%.

$23k in 2023 to $18k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

51ST STREET WATER ASSOCIATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$394k
$365k
2023
$611k
$493k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about 51ST STREET WATER ASSOCIATION

What does the Chief Executive Officer of 51ST STREET WATER ASSOCIATION earn?

In 2024, the Chief Executive Officer of 51ST STREET WATER ASSOCIATION received $18,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at 51ST STREET WATER ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at 51ST STREET WATER ASSOCIATION falls between the 10th and 25th percentiles.

What are 51ST STREET WATER ASSOCIATION's revenue and expenses?

In 2024, 51ST STREET WATER ASSOCIATION reported $611k in total revenue and $493k in total expenses on its IRS Form 990.

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