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Filing year 2023

LAVERNA TERRACE HOUSING CORPORATION

Mokena, Illinois·EIN 36-3438977·NTEE E30J · Health Care·501(c)(3)
Total revenue
$571k
Total assets
$4.1M
Total expenses
$616k
Reported officers
10
Mission

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.

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.

Browse compensation in Health Care

Pay in context

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%.

This organization (2023)
9%
Sector median
4%
Middle half of sector
1% to 13%

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.

$49k
2022
$55k
2023
In today's dollarsEst.
Up 10% in real terms$56k to $61k

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

Board Member pay rose 13% from 2022 to 2023, while revenue rose 22%.

$49k in 2022 to $55k in 2023.
  • 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.

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 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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