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Filing year 2023

GREATER STERLING DEVELOPMENT CORPORATION

Sterling, Illinois·EIN 36-3706308·NTEE S31Z · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.1M
Total assets
$9.6M
Total expenses
$1.3M
Reported officers
11
Mission

THE GREATER STERLING DEVELOPMENT CORPORATION (GSDC) WAS CREATED TO COORDINATE AND STREAMLINE ECONOMIC DEVELOPMENT EFFORTS IN THE CITY OF STERLING, WHITESIDE COUNTY AND THE SURROUNDING AREAS.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

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

Executive Director
Median to 75th percentile
$116k
$128k

Teal figures restate each filed amount in 2026 dollars.

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

Plus 10 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at GREATER STERLING DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
9%
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 7%
from 2022

From $108k in 2022 to $116k in 2023.

$108k
2022
$116k
2023
In today's dollarsEst.
Up 3% in real terms$124k to $128k

Estimated with BLS CPI-U for the Midwest region, 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 7% from 2022 to 2023, while revenue rose 31%.

$108k in 2022 to $116k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 STERLING DEVELOPMENT CORPORATION

What does the Chief Executive Officer of GREATER STERLING DEVELOPMENT CORPORATION earn?

In 2023, the Chief Executive Officer of GREATER STERLING DEVELOPMENT CORPORATION received $115,942 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 STERLING DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2023 pay of the Chief Executive Officer at GREATER STERLING DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at GREATER STERLING DEVELOPMENT CORPORATION equaled 9% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are GREATER STERLING DEVELOPMENT CORPORATION's revenue and expenses?

In 2023, GREATER STERLING DEVELOPMENT CORPORATION reported $1.1M in total revenue and $1.3M in total expenses on its IRS Form 990.

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