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Filing year 2024

EAST LAKE INITIATIVE

Birmingham, Alabama·EIN 27-1941412·NTEE L80 · Housing & Shelter·501(c)(3)
Total revenue
$1.3M
Total assets
$2.3M
Total expenses
$887k
Reported officers
11
Mission

EAST LAKE INITIATIVE (ELI) STRATEGICALLY PARTNERS TO PROVIDE HOLISTIC COMMUNITY DEVELOPMENT WITHIN JEFFERSON COUNTY. WE BELIEVE THAT A HOLISTIC PROGRAM, FOCUSED ON CREATING A BETTER CIRCUMSTANCE IN MULTIPLE AREAS OF EACH INDIVIDUAL'S LIFE CAN RESULT IN LONG TERM CHANGE. WE HAVE COMMITTED TO BE IN RELATIONSHIP WITH THE FAMILIES OF JEFFERSON COUNTY FOR A MINIMUM OF 25 YEARS.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Alabama.

Chief Operating Officer
Median to 75th percentilevs Housing & Shelter peers nationwide
$74k
$78k
Executive Director
Median to 75th percentile
$59k
$62k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 9 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EAST LAKE INITIATIVE equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
8%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

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

Up 14%
from 2023

From $65k in 2023 to $74k in 2024.

$65k
2023
$74k
2024
In today's dollarsEst.
Up 10% in real terms$71k to $78k

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

Pay for the position

Chief Operating Officer pay rose 14% from 2023 to 2024, while revenue fell 1%.

$65k in 2023 to $74k in 2024.
  • Chief Executive Officer pay rose 8% 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.

Among peers

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

FAQ

Common questions about EAST LAKE INITIATIVE

What does the Chief Operating Officer of EAST LAKE INITIATIVE earn?

In 2024, the Chief Operating Officer of EAST LAKE INITIATIVE received $73,747 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among Housing & Shelter organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at EAST LAKE INITIATIVE compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations nationwide, the 2024 pay of the Chief Operating Officer at EAST LAKE INITIATIVE falls between the median and the 75th percentile. In 2024, the highest total compensation at EAST LAKE INITIATIVE equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are EAST LAKE INITIATIVE's revenue and expenses?

In 2024, EAST LAKE INITIATIVE reported $1.3M in total revenue and $887k in total expenses on its IRS Form 990.

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