PROVIDE AFFORDABLE HOUSING FACILITIES FOR LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS.
Executive compensation
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Illinois.
| Position | Total |
|---|---|
Director (end 12/2023) Board Member 25th percentile to median | $55k $61k |
Senior Vp, Post-acute and At-home Services/chair Senior Vice President 10th to 25th percentilevs Health Care peers nationwide | $53k $59k |
Director/vp (start 1/2024) Officer (Unspecified) | $50k $55k |
Vp/ceo(start 5/2024)/secretary (start 1/2024) Officer (Unspecified) | $47k $52k |
AVP of Finance/treasurer (start 9/2023) Officer (Unspecified) | $46k $51k |
Cfo, Ascension Living (end 8/2023) 10th to 25th percentile | $35k $38k |
Director/chief Mission Integration Officer Board Member 10th to 25th percentile | $28k $31k |
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 3 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at LAVERNA TERRACE HOUSING CORPORATION equaled 9% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 13%
from 2022
From $49k in 2022 to $55k 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.
Board Member pay rose 13% from 2022 to 2023, while revenue rose 22%.
- Senior Vice President pay rose 106% from 2022 to 2023.
- Chief Financial Officer pay fell 18% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LAVERNA TERRACE HOUSING CORPORATION
What does the Board Member of LAVERNA TERRACE HOUSING CORPORATION earn?
In 2023, the Board Member of LAVERNA TERRACE HOUSING CORPORATION received $55,285 in total compensation. This pay is below the median (the midpoint) for Board Member roles among Health Care organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at LAVERNA TERRACE HOUSING CORPORATION compare with similar nonprofits?
Compared with the same role at Health Care organizations in Illinois, the 2023 pay of the Board Member at LAVERNA TERRACE HOUSING CORPORATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LAVERNA TERRACE HOUSING CORPORATION equaled 9% of the organization's total expenses. The median for health care organizations is 4%.
What are LAVERNA TERRACE HOUSING CORPORATION's revenue and expenses?
In 2023, LAVERNA TERRACE HOUSING CORPORATION reported $571k in total revenue and $616k in total expenses on its IRS Form 990.
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