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Filing year 2024

INDUSTRIAL COUNCIL OF NEARWEST CHICAGO

Chicago, Illinois·EIN 36-3312341·3
Total revenue
$8.8M
Total assets
$30.2M
Total expenses
$10.2M
Reported officers
21
Mission

STRENGTHEN COMPANIES IN THE KINZIE INDUSTRIAL CORRIDOR AND FACILITATE ECONOMIC AND COMMUNITY DEVELOPMENT BY PROVIDING SERVICES AND INCUBATOR SPACE.

Executive compensation, broken down

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

Executive Director
$203k
$218k
Base
$197k
Bonus
Other
Benefits
$6k
Chief Strategy and Incubation
highest compensated employee
$162k
$174k
Base
$159k
Bonus
Other
Benefits
$4k
Chief Facilities Officer
highest compensated employee
$115k
$123k
Chief Workforce Development
highest compensated employee
$113k
$121k

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 17 unpaid individuals.

Up 4%
from 2023

From $197k in 2023 to $203k in 2024.

$197k
2023
$203k
2024
In today's dollarsEst.
Roughly flat in real terms$218k to $218k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

INDUSTRIAL COUNCIL OF NEARWEST CHICAGO reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.6M
$9.8M
2023
$8.8M
$10.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
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