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Filing year 2024

HOUSING OPPORTUNITY DEVELOPMENT CORP

Skokie, Illinois·EIN 36-3237455·NTEE L20Z · Housing & Shelter·501(c)(3)
Total revenue
$9M
Total assets
$24M
Total expenses
$2.9M
Reported officers
17
Mission

TO PROVIDE LOW-COST AND/OR RENT SUBSIDIZED HOUSING TO LOW/MODERATE INCOME CITIZENS IN THE NORTH SUBURBAN COMMUNITIES OF CHICAGO IN COOK AND LAKE COUNTIES, ILLINOIS

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Illinois.

Executive Director
75th to 90th percentile
$188k
$201k
Base
$188k
Bonus
Other
Benefits
Deputy Director
Highest Compensated Employee
Median to 75th percentile
$120k
$128k

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 15 unpaid individuals.

Browse compensation in Housing & Shelter

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOUSING OPPORTUNITY DEVELOPMENT CORP equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
6%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter 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 3%
from 2023

From $181k in 2023 to $188k in 2024.

$181k
2023
$188k
2024
In today's dollarsEst.
Roughly flat in real terms$201k to $201k

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 3% from 2023 to 2024, while revenue rose 292%.

$181k in 2023 to $188k 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 HOUSING OPPORTUNITY DEVELOPMENT CORP

What does the Chief Executive Officer of HOUSING OPPORTUNITY DEVELOPMENT CORP earn?

In 2024, the Chief Executive Officer of HOUSING OPPORTUNITY DEVELOPMENT CORP received $187,500 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HOUSING OPPORTUNITY DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Illinois, the 2024 pay of the Chief Executive Officer at HOUSING OPPORTUNITY DEVELOPMENT CORP falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HOUSING OPPORTUNITY DEVELOPMENT CORP equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are HOUSING OPPORTUNITY DEVELOPMENT CORP's revenue and expenses?

In 2024, HOUSING OPPORTUNITY DEVELOPMENT CORP reported $9M in total revenue and $2.9M in total expenses on its IRS Form 990.

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