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Filing year 2024

LOCAL 705 BUILDING CORPORATION

Chicago, Illinois·EIN 36-7060755·2
Total revenue
$586k
Total assets
$9.3M
Total expenses
$1M
Reported officers
7
Mission

HOLD AND MANAGE REAL ESTATE, FOR THE PARENT, LOCAL 705 I.B. OF T.

Executive compensation

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

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

Secretary-treasurer
Officer (Unspecified)
$114k
$123k
Recording Secretary
Officer (Unspecified)
$103k
$111k
Trustee
Board Member
75th to 90th percentile
$95k
$102k
President
25th percentile to median
$73k
$78k
Trustee
Board Member
75th to 90th percentile
$73k
$78k
Vice-president
25th percentile to median
$73k
$78k
Trustee
Board Member
Below 10th percentile
$1k
$1k

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.

Up 13%
from 2023

From $102k in 2023 to $114k in 2024.

$102k
2023
$114k
2024
In today's dollarsEst.
Up 9% in real terms$113k to $123k

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 6% from 2023 to 2024, while revenue fell 5%.

$90k in 2023 to $95k in 2024.
  • Chief Executive Officer pay fell 27% 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.
Financial trend

Revenue and expenses over time

LOCAL 705 BUILDING CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$615k
$1.1M
2023
$586k
$1M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LOCAL 705 BUILDING CORPORATION

What does the Board Member of LOCAL 705 BUILDING CORPORATION earn?

In 2024, the Board Member of LOCAL 705 BUILDING CORPORATION received $95,244 in total compensation. This pay is in the top quarter for Board Member roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at LOCAL 705 BUILDING CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Board Member at LOCAL 705 BUILDING CORPORATION falls between the 75th and 90th percentiles.

What are LOCAL 705 BUILDING CORPORATION's revenue and expenses?

In 2024, LOCAL 705 BUILDING CORPORATION reported $586k in total revenue and $1M in total expenses on its IRS Form 990.

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