TO PREPARE ALL OF OUR STUDENTS WITH THE FUNDAMENTAL ACADEMIC SKILLS, CRITICAL THINKING ABILITY, AND STRENGTH OF CHARACTER TO EXCEL IN HIGH SCHOOL, COLLEGE, AND A CAREER OF THEIR CHOICE. WE EMPOWERALL OF OUR STUDENTS WITH THE EDUCATION TODAY THAT THEY WILL NEED TO CHANGE THE WORLD TOMORROW.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.
- Base
- $185k
- Bonus
- —
- Other
- —
- Benefits
- $6k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Executive Director Median to 75th percentile | $185k | — | — | $6k | $197k $218k |
Principal Highest Compensated Employee 25th percentile to median | — | — | — | — | $143k $159k |
Chief Operating Officer - Term 25th percentile to median | — | — | — | — | $132k $146k |
Assistant Principal Highest Compensated Employee 10th to 25th percentile | — | — | — | — | $125k $139k |
Managing Director of Operations 10th to 25th percentile | — | — | — | — | $115k $127k |
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 10 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at GREAT LAKES ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education 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 32%
from 2022
From $149k in 2022 to $197k 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 68% from 2022 to 2023, while revenue rose 17%.
- Highest Compensated Employee pay fell 4% from 2022 to 2023.
- Chief Operating Officer pay fell 1% 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 GREAT LAKES ACADEMY INC
What does the Chief Executive Officer of GREAT LAKES ACADEMY INC earn?
In 2023, the Chief Executive Officer of GREAT LAKES ACADEMY INC received $196,662 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at GREAT LAKES ACADEMY INC compare with similar nonprofits?
Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at GREAT LAKES ACADEMY INC falls between the median and the 75th percentile. In 2023, the highest total compensation at GREAT LAKES ACADEMY INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are GREAT LAKES ACADEMY INC's revenue and expenses?
In 2023, GREAT LAKES ACADEMY INC reported $10.5M in total revenue and $10M 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 COO Salary
What nonprofit COOs earn, what drives the number, and how to use public compensation data in a job search or board decision.
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