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Filing year 2024

KEN LACHANCE FUND INC

Schaumburg, Illinois·EIN 81-1504097·NTEE P20 · Human Services·3
Total revenue
$159k
Total assets
$521k
Total expenses
$280k
Reported officers
4
Mission

THE FUND IS ORGANIZED AND OPERATED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO CURRENT AND FORMER EMPLOYEES OF CONVERGINT TECHNOLOGIES LLC (CONVERGINT) WHO ARE IN FINANCIAL NEED OR DISTRESS. THE FUND EXISTS TO ADDRESS TEMPORARY OR SHORT TERM NEED AND DISTRESS NOT CHRONIC SITUATIONS.

Reported officers (all unpaid)

No paid executives reported in 2024. KEN LACHANCE FUND INC reported 4 unpaid officers and board members on its 990.

Chairperson
Treasurer
Secretary
Director
Financial trend

Revenue and expenses over time

KEN LACHANCE FUND INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$178k
$205k
2023
$159k
$280k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Illinois

KEN LACHANCE FUND INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable human services organization in Illinois earns a median of $82,960.

25th percentile
$33k
Median
$82,960
75th percentile
$165k
90th percentile
$258k

These are human services sector-wide figures, not this organization's reported pay. Based on 274 organizations across 274 filings (2021 – 2023).

See full Human Services pay data for Illinois
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