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Filing year 2024

CANAAN DEVELOPMENT FOUNDATION

Urbana, Illinois·EIN 37-1358034·NTEE B21Z · Education·3
Total revenue
$211k
Total assets
$0
Total expenses
$211k
Reported officers
5
Mission

To partner with community in providing a value-based approach to rehabilitating victims of substance abuse and to bring education to those lacking access to crucial economic and social resources.

Executive compensation

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

Director
board member
$51k
$55k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Education

Climbed 32%
over 2 years

From $39k in 2022 to $51k in 2024.

$39k
2022
$47k
2023
$51k
2024
In today's dollarsEst.
Up 24% in real terms$45k to $55k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

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

Revenue and expenses over time

CANAAN DEVELOPMENT FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$229k
$229k
2022
$195k
$195k
2023
$211k
$211k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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