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Filing year 2024

Elgin Area Chamber of Commerce

Elgin, Illinois·EIN 36-1035380·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$824k
Total assets
$941k
Total expenses
$736k
Reported officers
22
Mission

The Elgin Area Chamber connects communities through engagement, advocacy, collaboration, and leadership.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

President and CEO
$179k
$191k
Base
$145k
Bonus
$12k
Other
Benefits
$21k
Director of Economic Development
$163k
$175k
Base
$124k
Bonus
$6k
Other
Benefits
$33k
VP Accounting and Operations
vice president
$128k
$137k

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 19 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 2%
from 2023

From $175k in 2023 to $179k in 2024.

$175k
2023
$179k
2024
In today's dollarsEst.
Down 1% in real terms$193k to $191k

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.

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

Revenue and expenses over time

Elgin Area Chamber of Commerce reported revenue and expenses across 2 filing years.

RevenueExpenses
$790k
$726k
2023
$824k
$736k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Illinois

Comparable community improvement & capacity building organizations in Illinois pay their highest-earning executive a median of $71,702.

25th percentile
$29k
Median
$71,702
75th percentile
$120k
90th percentile
$222k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 98 organizations across 98 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Illinois
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