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Filing year 2023

DEVELOPMENT NOW FOR CHICAGO

Chicago, Illinois·EIN 87-3817002·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$81.5M
Total assets
$9M
Total expenses
$81.7M
Reported officers
7
Mission

DEVELOPMENT NOW FOR CHICAGO WAS FORMED TO PROMOTE ECONOMIC DEVELOPMENT AND IMPROVE BUSINESS CONDITIONS IN THE CHICAGO METROPOLITAN AREA BY PROMOTING THE SELECTION OF CHICAGO AS THE SITE OF THE 2024 DEMOCRATIC NATIONAL CONVENTION AND, IF CHICAGO WAS SELECTED, TO SERVE AS THE LOCAL HOST COMMITTEE FOR THE CONVENTION.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Illinois.

Executive Director
25th percentile to median
$88k
$98k

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 6 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DEVELOPMENT NOW FOR CHICAGO equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.1%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DEVELOPMENT NOW FOR CHICAGO

What does the Chief Executive Officer of DEVELOPMENT NOW FOR CHICAGO earn?

In 2023, the Chief Executive Officer of DEVELOPMENT NOW FOR CHICAGO received $88,438 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at DEVELOPMENT NOW FOR CHICAGO compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2023 pay of the Chief Executive Officer at DEVELOPMENT NOW FOR CHICAGO falls between the 25th percentile and the median. In 2023, the highest total compensation at DEVELOPMENT NOW FOR CHICAGO equaled 0.1% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are DEVELOPMENT NOW FOR CHICAGO's revenue and expenses?

In 2023, DEVELOPMENT NOW FOR CHICAGO reported $81.5M in total revenue and $81.7M in total expenses on its IRS Form 990.

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