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Filing year 2024

LAND OF LINCOLN ECONOMIC DEVELOPMENT CORPORATION

Springfield, Illinois·EIN 82-4479816·NTEE S41 · Community Improvement & Capacity Building·6
Total revenue
$1.3M
Total assets
$298k
Total expenses
$3.1M
Reported officers
30
Mission

TO PURSUE ECONOMIC PROSPERITY AND GROWTH FOR SANGAMON COUNTY AND THE CITY OF SPRINGFIELD BY CREATING A FINANCIALLY SOUND COMMUNITY ABLE TO ATTRACT NEW BUSINESSES AND SKILLED TALENT, WHILE RETAINING TODAY'S PROFITABLE COMPANIES AND THEIR LOCAL WORKFORCE.

Executive compensation, broken down

Form 990 · Schedule J · 3 reported individuals · Filing year 2024

Executive Director
$214k
$230k
Base
$214k
Bonus
Other
Benefits
Dir. Business Development
highest compensated employee
$123k
$132k
Dir. Marketing & Communications
highest compensated employee
$108k
$116k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 8%
from 2023

From $197k in 2023 to $214k in 2024.

$197k
2023
$214k
2024
In today's dollarsEst.
Up 6% in real terms$217k to $230k

Estimated with BLS CPI-U for the Midwest region, 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

LAND OF LINCOLN ECONOMIC DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.5M
$1.8M
2023
$1.3M
$3.1M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Illinois

Comparable community improvement & capacity building organizations in Illinois pay their highest-earning executive a median of $71,702.

25th percentile
$29k
Median
$71,702
75th percentile
$120k
90th percentile
$222k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 98 organizations across 98 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for Illinois
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