The purpose of the Government Finance Officers Association ("GFOA") is to advance excellence in state and local government financial management.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 9 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Public & Societal Benefit organizations nationwide.
- Base
- $429k
- Bonus
- $2k
- Other
- $3k
- Benefits
- $29k
- Base
- $359k
- Bonus
- $2k
- Other
- $2k
- Benefits
- $22k
- Base
- $338k
- Bonus
- $2k
- Other
- $353
- Benefits
- $33k
- Base
- $270k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $22k
- Base
- $252k
- Bonus
- $2k
- Other
- $249
- Benefits
- $27k
- Base
- $234k
- Bonus
- $2k
- Other
- $39k
- Benefits
- $19k
- Base
- $248k
- Bonus
- $2k
- Other
- $1k
- Benefits
- $30k
- Base
- $242k
- Bonus
- $2k
- Other
- $352
- Benefits
- $14k
- Base
- $215k
- Bonus
- $2k
- Other
- $199
- Benefits
- $11k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director, CEO 75th to 90th percentilevs Public & Societal Benefit peers in Illinois | $429k | $2k | $3k | $29k | $513k $569k |
Director, Technical Services Center Highest Compensated Employee Above 90th percentile | $359k | $2k | $2k | $22k | $429k $475k |
Deputy Executive Director 75th to 90th percentilevs Public & Societal Benefit peers in Illinois | $338k | $2k | $353 | $33k | $417k $462k |
Chief Administrative Officer Key Employee 75th to 90th percentile | $270k | $2k | $1k | $22k | $333k $369k |
Director, Federal Liaison Highest Compensated Employee 75th to 90th percentile | $252k | $2k | $249 | $27k | $318k $352k |
Consulting Practice Manager Highest Compensated Employee 75th to 90th percentile | $234k | $2k | $39k | $19k | $317k $351k |
Sr. Manager, Research & Consulting Highest Compensated Employee 75th to 90th percentile | $248k | $2k | $1k | $30k | $305k $338k |
Senior Manager, Research Highest Compensated Employee 75th to 90th percentile | $242k | $2k | $352 | $14k | $282k $313k |
Director of Finance 75th to 90th percentile | $215k | $2k | $199 | $11k | $255k $283k |
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 23 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Government Finance Officers Association the United States & Canada equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
Based on 2,608 public & societal benefit organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 7%
from 2022
From $480k in 2022 to $513k in 2023.
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.
Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 9%.
- Highest Compensated Employee pay rose 1% from 2022 to 2023.
- Key Employee pay fell 15% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Government Finance Officers Association the United States & Canada
What does the Chief Executive Officer of Government Finance Officers Association the United States & Canada earn?
In 2023, the Chief Executive Officer of Government Finance Officers Association the United States & Canada received $513,437 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Government Finance Officers Association the United States & Canada compare with similar nonprofits?
Compared with the same role at Public & Societal Benefit organizations in Illinois, the 2023 pay of the Chief Executive Officer at Government Finance Officers Association the United States & Canada falls between the 75th and 90th percentiles. In 2023, the highest total compensation at Government Finance Officers Association the United States & Canada equaled 2% of the organization's total expenses. The median for public & societal benefit organizations is 10%.
What are Government Finance Officers Association the United States & Canada's revenue and expenses?
In 2023, Government Finance Officers Association the United States & Canada reported $21.6M in total revenue and $23.7M in total expenses on its IRS Form 990.
Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.
Learn More About Nonprofit Compensation
Guides to help you understand and use this data
Nonprofit CFO Salary
What nonprofit CFOs earn, what drives the number, and how to use public compensation data in a job search or negotiation.
Read moreNonprofit Executive Director Salary
What nonprofit executive directors earn, what drives the number, and how to use public compensation data whether you are a candidate, a current ED, or a board member.
Read moreHow to Look Up Nonprofit Salaries
Two approaches to finding executive compensation at any tax-exempt organization, from raw IRS filings to searchable databases.
Read more