Lake Park Associates acquires, sells, holds, manages and leases real property for the benefit of The University of Chicago.
Executive compensation
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
VP & Secretary Vice President 75th to 90th percentile | $208k $230k |
Vice President Median to 75th percentile | $67k $74k |
President 25th percentile to median | $63k $70k |
VP & Treasurer Vice President Median to 75th percentile | $59k $66k |
Director Board Member Median to 75th percentile | $42k $47k |
Director Board Member Median to 75th percentile | $39k $43k |
President 10th to 25th percentile | $38k $42k |
Asst Secretary Secretary (Operational) Median to 75th percentile | $24k $26k |
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.
Top compensation, year by year
From $64k in 2022 to $208k in 2023.
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.
Vice President pay rose 222% from 2022 to 2023, while revenue fell 21%.
- Chief Executive Officer pay rose 24% from 2022 to 2023.
- Board Member pay rose 7% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Revenue and expenses over time
Lake Park Associates Inc reported revenue and expenses across 2 filing years.
Common questions about Lake Park Associates Inc
What does the Vice President of Lake Park Associates Inc earn?
In 2023, the Vice President of Lake Park Associates Inc received $207,793 in total compensation. This pay is in the top quarter for Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at Lake Park Associates Inc compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Vice President at Lake Park Associates Inc falls between the 75th and 90th percentiles.
What are Lake Park Associates Inc's revenue and expenses?
In 2023, Lake Park Associates Inc reported $7.3M in total revenue and $10.1M in total expenses on its IRS Form 990.
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