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Filing year 2024

LANTERN NETWORK

Alton, Illinois·EIN 47-1971599·NTEE X21 · Religion-Related·3
Total revenue
$1.1M
Total assets
$1.1M
Total expenses
$887k
Reported officers
12
Mission

To catalyze business and benevolence into a movement to help a depressed city thrive in all aspects of life.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Religion-Related organizations nationwide.

Treasure/secretary/ Board Member
Board Member
75th to 90th percentilevs Religion-Related peers in Illinois
$65k
$69k
Post Commons Manager
Key Employee
Median to 75th percentile
$56k
$59k
Post Commons Kitchen Manager
Key Employee
25th percentile to median
$39k
$41k
Post Commons Employee
Key Employee
25th percentile to median
$36k
$38k
Post Event Manager/barista
Key Employee
25th percentile to median
$24k
$25k
Event Manager
Key Employee
25th percentile to median
$23k
$24k
Lantern Staff
Key Employee
10th to 25th percentile
$21k
$22k
Manager
Key Employee
10th to 25th percentile
$19k
$20k
Financial Director
25th percentile to median
$18k
$19k

Teal figures restate each filed amount in 2026 dollars.

Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Religion-Related

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LANTERN NETWORK equaled 7% of the organization's total expenses. The median for religion-related organizations is 17%.

This organization (2024)
7%
Sector median
17%
Middle half of sector
8% to 34%

Based on 10,667 religion-related organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 3%
from 2023

From $63k in 2023 to $65k in 2024.

$63k
2023
$65k
2024
In today's dollarsEst.
Roughly flat in real terms$69k to $69k

Estimated with St. Louis, MO-IL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 3% from 2023 to 2024, while revenue rose 35%.

$63k in 2023 to $65k in 2024.
  • Key Employee pay rose 1% from 2023 to 2024.
  • Chief Financial Officer pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LANTERN NETWORK

What does the Board Member of LANTERN NETWORK earn?

In 2024, the Board Member of LANTERN NETWORK received $65,400 in total compensation. This pay is in the top quarter for Board Member roles among Religion-Related organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LANTERN NETWORK compare with similar nonprofits?

Compared with the same role at Religion-Related organizations in Illinois, the 2024 pay of the Board Member at LANTERN NETWORK falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LANTERN NETWORK equaled 7% of the organization's total expenses. The median for religion-related organizations is 17%.

What are LANTERN NETWORK's revenue and expenses?

In 2024, LANTERN NETWORK reported $1.1M in total revenue and $887k in total expenses on its IRS Form 990.

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