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Filing year 2023

LANE TECH ALUMNI ASSOCIATION INC

Chicago, Illinois·EIN 36-3450898·3
Total revenue
$368k
Total assets
$955k
Total expenses
$376k
Reported officers
18
Mission

TO CHAMPION THE LIFE-LONG RELATIONSHIP OF LANE TECH GRADUATES TO THEIR ALMA MATER, TO ONE ANOTHER, AND TO THE GREATER COMMUNITY OF LANE TECH. THE LANE TECH ALUMNI ASSOCIATION WILL SET THE GOLD STANDARD FOR A DYNAMIC, INTERGENERATIONAL ALUMNI ORGANIZATION AFFILATED WITH AN URBAN, PUBLIC HIGH SCHOOL. THE LANE TECH ALUMNI ASSOCIATION PROVIDES EXCEPTIONAL MEMBER SERIVCES AND IMPACTFUL PHILANTHROPIC PROGRAMS THAT CREATE MEANINGFUL CONNECTIONS, CELEBRATE THE SCHOOL'S HISTORY AD CULTURE, AND SUPPORT LIFE-LONG LEARNING.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
25th percentile to median
$67k
$74k

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 172%
from 2022

From $25k in 2022 to $67k in 2023.

$25k
2022
$67k
2023
In today's dollarsEst.
Up 164% in real terms$28k to $74k

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.

Pay for the position

Chief Executive Officer pay rose 172% from 2022 to 2023, while revenue fell 2%.

$25k in 2022 to $67k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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

Revenue and expenses over time

LANE TECH ALUMNI ASSOCIATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$375k
$325k
2022
$368k
$376k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LANE TECH ALUMNI ASSOCIATION INC

What does the Chief Executive Officer of LANE TECH ALUMNI ASSOCIATION INC earn?

In 2023, the Chief Executive Officer of LANE TECH ALUMNI ASSOCIATION INC received $66,749 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LANE TECH ALUMNI ASSOCIATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at LANE TECH ALUMNI ASSOCIATION INC falls between the 25th percentile and the median.

What are LANE TECH ALUMNI ASSOCIATION INC's revenue and expenses?

In 2023, LANE TECH ALUMNI ASSOCIATION INC reported $368k in total revenue and $376k in total expenses on its IRS Form 990.

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