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Filing year 2024

GREATER SOUTHWEST DEVELOPMENT CORP

Chicago, Illinois·EIN 36-2858304·NTEE S410 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$3.4M
Total assets
$17.2M
Total expenses
$2.5M
Reported officers
7
Mission

THE GREATER SOUTHWEST DEVELOPMENT CORPORATION IS THE CATALYST FOR CREATING AND MAINTAINING A VITAL GREATER SOUTHWEST CHICAGO COMMUNITY. EMPOWERING, BUILDING, AND SUSTAINING DEVELOPMENT RAISES THE QUALITY OF LIFE FOR OUR NEIGHBORHOOD RESIDENTS, BUSINESSES AND INDUSTRIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Di
Median to 75th percentile
$171k
$183k
Base
$156k
Bonus
$15k
Other
Benefits

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 2024, the highest total compensation at GREATER SOUTHWEST DEVELOPMENT CORP equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
7%
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.

Up 4%
from 2023

From $164k in 2023 to $171k in 2024.

$164k
2023
$171k
2024
In today's dollarsEst.
Roughly flat in real terms$182k to $183k

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.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue rose 18%.

$164k in 2023 to $171k in 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 GREATER SOUTHWEST DEVELOPMENT CORP

What does the Chief Executive Officer of GREATER SOUTHWEST DEVELOPMENT CORP earn?

In 2024, the Chief Executive Officer of GREATER SOUTHWEST DEVELOPMENT CORP received $170,600 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER SOUTHWEST DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2024 pay of the Chief Executive Officer at GREATER SOUTHWEST DEVELOPMENT CORP falls between the median and the 75th percentile. In 2024, the highest total compensation at GREATER SOUTHWEST DEVELOPMENT CORP equaled 7% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER SOUTHWEST DEVELOPMENT CORP's revenue and expenses?

In 2024, GREATER SOUTHWEST DEVELOPMENT CORP reported $3.4M in total revenue and $2.5M in total expenses on its IRS Form 990.

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