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Filing year 2024

ASSOCIATED COLLEGES OF THE MIDWEST

Chicago, Illinois·EIN 36-2600769·501(c)(3)
Total revenue
$2.8M
Total assets
$18.3M
Total expenses
$2.3M
Reported officers
20
Mission

THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM), A CONSORTIUM OF RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION AND STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES AND PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING, PROMOTE EQUITY AND INCLUSION AND CELEBRATE INDIVIDUAL AND COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY AND PRACTICE, AMPLIFY THE EXPERTISE OF FACULTY, STUDENTS, AND STAFF, AND CULTIVATE AN OPEN ENVIRONMENT FOR INNOVATION AND EXCHANGE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

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

President
75th to 90th percentile
$257k
$275k
Base
$219k
Bonus
Other
Benefits
$22k
VP for Strategic Initiatives - Past
Vice President
75th to 90th percentile
$179k
$192k
Base
$147k
Bonus
Other
Benefits
$16k
COO and VP for Administration
Median to 75th percentile
$150k
$161k
Base
$127k
Bonus
Other
Benefits
$9k
President - Past
10th to 25th percentile
$42k
$44k

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 16 unpaid individuals.

Down 11%
from 2023

From $290k in 2023 to $257k in 2024.

$290k
2023
$257k
2024
In today's dollarsEst.
Down 14% in real terms$321k to $275k

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 11% from 2023 to 2024, while revenue rose 66%.

$290k in 2023 to $257k in 2024.
  • Vice President pay rose 7% from 2023 to 2024.
  • Chief Operating Officer pay rose 4% from 2023 to 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

ASSOCIATED COLLEGES OF THE MIDWEST reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.7M
$2.8M
2023
$2.8M
$2.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about ASSOCIATED COLLEGES OF THE MIDWEST

What does the Chief Executive Officer of ASSOCIATED COLLEGES OF THE MIDWEST earn?

In 2024, the Chief Executive Officer of ASSOCIATED COLLEGES OF THE MIDWEST received $257,266 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ASSOCIATED COLLEGES OF THE MIDWEST compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at ASSOCIATED COLLEGES OF THE MIDWEST falls between the 75th and 90th percentiles.

What are ASSOCIATED COLLEGES OF THE MIDWEST's revenue and expenses?

In 2024, ASSOCIATED COLLEGES OF THE MIDWEST reported $2.8M in total revenue and $2.3M in total expenses on its IRS Form 990.

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