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Filing year 2023

HOPE CHICAGO INC

Chicago, Illinois·EIN 86-2828908·501(c)(3)
Total revenue
$12.9M
Total assets
$28.1M
Total expenses
$17.5M
Reported officers
33
Mission

HOPE CHICAGO'S MISSION IS TO ELIMINATE BARRIERS TO EDUCATIONAL AND ECONOMIC EQUITY BY PROVIDING ACCESS TO DEBT-FREE POSTSECONDARY EDUCATION TO TENS OF THOUSANDS OF CHICAGO PUBLIC SCHOOL STUDENTS AND THEIR PARENTS, AS WELL AS THE SUPPORT TO COMPLETE THOSE POSTSECONDARY PATHWAYS.

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 nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$485k
$537k
Base
$375k
Bonus
Other
$110k
Benefits
Chief Development Officer
Above 90th percentile
$275k
$305k
Base
$275k
Bonus
Other
Benefits
Cfo/coo
Key Employee
Median to 75th percentile
$238k
$264k
Base
$235k
Bonus
Other
$3k
Benefits
Chief Program Officer
Median to 75th percentile
$189k
$209k
Base
$189k
Bonus
Other
Benefits
Chief Impact Officer
Highest Compensated Employee
Median to 75th percentile
$189k
$209k
Base
$189k
Bonus
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 28 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 2%
from 2022

From $495k in 2022 to $485k in 2023.

$495k
2022
$485k
2023
In today's dollarsEst.
Down 5% in real terms$566k to $537k

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 fell 2% from 2022 to 2023, while revenue rose 20%.

$495k in 2022 to $485k in 2023.
  • Chief Program Officer pay rose 11% from 2022 to 2023.
  • Highest Compensated Employee pay rose 33% from 2022 to 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.
Financial trend

Revenue and expenses over time

HOPE CHICAGO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.7M
$12M
2022
$12.9M
$17.5M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about HOPE CHICAGO INC

What does the Chief Executive Officer of HOPE CHICAGO INC earn?

In 2023, the Chief Executive Officer of HOPE CHICAGO INC received $485,000 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOPE CHICAGO INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at HOPE CHICAGO INC falls in the top 10%.

What are HOPE CHICAGO INC's revenue and expenses?

In 2023, HOPE CHICAGO INC reported $12.9M in total revenue and $17.5M in total expenses on its IRS Form 990.

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