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Filing year 2023

ACERO CHARTER SCHOOLS INC

Chicago, Illinois·EIN 36-4235934·501(c)(3)
Total revenue
$124.9M
Total assets
$109.6M
Total expenses
$120.3M
Reported officers
20
Mission

TRANSFORMING MINDS THROUGH ACADEMIC EMPOWERMENT AND SUCCESS. ACERO PROVIDES EDUCATIONAL OPPORTUNITIES THAT WILL LAUNCH THE NEXT GENERATION OF EXTRAORDINARY LIFE-LONG LEARNERS, DISCERNERS AND DOERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2023

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

President & Chief Executiv
Above 90th percentile
$325k
$360k
Base
$260k
Bonus
$21k
Other
$2k
Benefits
$22k
Chief Financial and Operating Officer
75th to 90th percentile
$229k
$253k
Base
$180k
Bonus
$11k
Other
Benefits
$24k
Chief Legal Officer
Key Employee
Median to 75th percentile
$213k
$236k
Base
$180k
Bonus
$11k
Other
$1k
Benefits
$7k
Chief Culture Officer
Key Employee
Median to 75th percentile
$212k
$235k
Base
$180k
Bonus
$11k
Other
Benefits
$7k
Chief Education Officer
Key Employee
Median to 75th percentile
$211k
$234k
Base
$159k
Bonus
$23k
Other
Benefits
$17k
School Principal
Highest Compensated Employee
Median to 75th percentile
$186k
$206k
Base
$151k
Bonus
Other
Benefits
$24k
School Principal
Highest Compensated Employee
Median to 75th percentile
$174k
$192k
Base
$146k
Bonus
Other
Benefits
$17k
School Principal
Highest Compensated Employee
Median to 75th percentile
$169k
$187k
Base
$141k
Bonus
$3k
Other
Benefits
$14k
Deputy Chief Operating Officer
Median to 75th percentile
$168k
$186k
Base
$144k
Bonus
Other
Benefits
$24k
School Principal
Highest Compensated Employee
25th percentile to median
$162k
$179k
Base
$149k
Bonus
$2k
Other
Benefits
$384

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 10 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 9%
from 2022

From $299k in 2022 to $325k in 2023.

$299k
2022
$325k
2023
In today's dollarsEst.
Up 5% in real terms$342k to $360k

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 rose 9% from 2022 to 2023, while revenue held roughly steady.

$299k in 2022 to $325k in 2023.
  • Chief Financial Officer pay rose 19% from 2022 to 2023.
  • Key Employee pay rose 8% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

ACERO CHARTER SCHOOLS INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$124.4M
$119.3M
2022
$124.9M
$120.3M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ACERO CHARTER SCHOOLS INC

What does the Chief Executive Officer of ACERO CHARTER SCHOOLS INC earn?

In 2023, the Chief Executive Officer of ACERO CHARTER SCHOOLS INC received $325,442 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ACERO CHARTER SCHOOLS INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at ACERO CHARTER SCHOOLS INC falls in the top 10%.

What are ACERO CHARTER SCHOOLS INC's revenue and expenses?

In 2023, ACERO CHARTER SCHOOLS INC reported $124.9M in total revenue and $120.3M in total expenses on its IRS Form 990.

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