LEGACY REDEVELOPMENT CORPORATION (LRC) IS A NON-PROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) REVOLVING LOAN FUND WHOSE MISSION IS TO ENHANCE NEIGHBORHOOD VITALITY, FACILITATE A SUSTAINABLE AND ECONOMICALLY DIVERSE COMMUNITY, AND BUILD WEALTH THROUGH THE DESIGN AND IMPLEMENTATION OF INNOVATIVE FINANCE PROGRAMS IN THE CITY OF MILWAUKEE.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Wisconsin.
| Position | Total |
|---|---|
CEO 75th to 90th percentile | $144k $154k |
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 8 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at LEGACY REDEVELOPMENT CORPORATION equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 4%
from 2023
From $137k in 2023 to $144k in 2024.
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.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LEGACY REDEVELOPMENT CORPORATION
What does the Chief Executive Officer of LEGACY REDEVELOPMENT CORPORATION earn?
In 2024, the Chief Executive Officer of LEGACY REDEVELOPMENT CORPORATION received $143,607 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Housing & Shelter organizations in Wisconsin, though not the top 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at LEGACY REDEVELOPMENT CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at LEGACY REDEVELOPMENT CORPORATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at LEGACY REDEVELOPMENT CORPORATION equaled 8% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are LEGACY REDEVELOPMENT CORPORATION's revenue and expenses?
In 2024, LEGACY REDEVELOPMENT CORPORATION reported $2.4M in total revenue and $1.9M in total expenses on its IRS Form 990.
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