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Filing year 2024

LTC INC

Muncie, Indiana·EIN 31-1190460·3
Total revenue
$195k
Total assets
$1.1M
Total expenses
$187k
Reported officers
5
Mission

PROVIDE AFFORDABLE HOUSING FOR DISABLED INDIVIDUALS

Executive compensation

Form 990 · Schedule J · 4 reported individuals · Filing year 2024

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

President
25th percentile to median
$61k
$66k
Treasurer
Officer (Unspecified)
$61k
$65k
Vice President
25th percentile to median
$35k
$38k
Secretary
Officer (Unspecified)
$30k
$32k

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 1 unpaid individual.

Fell 62%
over 2 years

From $161k in 2022 to $61k in 2024.

$161k
2022
$56k
2023
$61k
2024
In today's dollarsEst.
Down 64% in real terms$184k to $66k

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.

Pay for the position

Chief Executive Officer pay fell 62% from 2022 to 2024, while revenue rose 4%.

$161k in 2022 to $61k in 2024.
  • Vice President pay rose 27% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 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

LTC INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$187k
$206k
2022
$195k
$185k
2023
$195k
$187k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LTC INC

What does the Chief Executive Officer of LTC INC earn?

In 2024, the Chief Executive Officer of LTC INC received $61,499 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LTC INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at LTC INC falls between the 25th percentile and the median.

What are LTC INC's revenue and expenses?

In 2024, LTC INC reported $195k in total revenue and $187k in total expenses on its IRS Form 990.

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