ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION IS ORGANIZED AS A CHARITABLE AND EDUCATIONAL ORGANIZATION THAT EXISTS TO SERVE THE COMMUNITY, THROUGH PROGRAMS TO ASSIST LOW-INCOME, DISABLED, ELDERLY, AND INDIVIDUALS AND FAMILIES IN NEED. IVEDC ACTS TO RECEIVE, PLAN, COORDINATE, AND ADMINISTER FEDERAL, STATE, LOCAL AND PRIVATE RESOURCES TOWARDS EDUCATION, EMPLOYMENT AND TRAINING, HOUSING, ENERGY, FOOD AND NUTRITION, DEVELOPMENTAL TRAINING, TRANSPORTATION, RESOURCE COORDINATION, AND OTHER SUCH RELATED NEEDS. IVEDC SHALL BE A CATALYST AND ADVOCATE FOR THE INTEREST OF ITS CLIENTS IN ORDER TO IMPROVE LIVES AND ENRICH COMMUNITIES.
Executive compensation
Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Human Services organizations in Illinois.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $109k $120k |
CFO 25th percentile to median | $107k $117k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 21 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION equaled 0.9% of the organization's total expenses. The median for human services organizations is 8%.
Based on 26,698 human services 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 15%
from 2022
From $95k in 2022 to $109k in 2023.
Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Chief Executive Officer pay rose 15% from 2022 to 2023, while revenue fell 11%.
- Chief Financial Officer pay rose 16% 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 ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION
What does the Chief Executive Officer of ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION earn?
In 2023, the Chief Executive Officer of ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION received $109,419 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Human Services organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Human Services organizations in Illinois, the 2023 pay of the Chief Executive Officer at ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION equaled 0.9% of the organization's total expenses. The median for human services organizations is 8%.
What are ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION's revenue and expenses?
In 2023, ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION reported $12.9M in total revenue and $12.3M in total expenses on its IRS Form 990.
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