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Filing year 2024

LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION

Danforth, Illinois·EIN 36-2735789·501(c)(3)
Total revenue
$11M
Total assets
$5.7M
Total expenses
$10.6M
Reported officers
12
Mission

TO PROVIDE THE HIGHEST QUALITY OF CARE TO THOSE IN THEIR GOLDEN YEARS.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

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

Administrato
Highest Compensated Employee
10th to 25th percentile
$123k
$132k
LPN
Highest Compensated Employee
10th to 25th percentile
$105k
$113k
LPN
Highest Compensated Employee
10th to 25th percentile
$103k
$111k

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 9 unpaid individuals.

Up 13%
from 2023

From $109k in 2023 to $123k in 2024.

$109k
2023
$123k
2024
In today's dollarsEst.
Up 10% in real terms$120k to $132k

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

Highest Compensated Employee pay rose 13% from 2023 to 2024, while revenue rose 16%.

$109k in 2023 to $123k in 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

LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$9.6M
$10.1M
2023
$11M
$10.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION

What does the Highest Compensated Employee of LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION earn?

In 2024, the Highest Compensated Employee of LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION received $122,942 in total compensation. This pay is in the bottom quarter for Highest Compensated Employee roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Highest Compensated Employee at LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION falls between the 10th and 25th percentiles.

What are LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, LUTHERAN HOME FOR THE AGED DEVELOPMENT CORPORATION reported $11M in total revenue and $10.6M in total expenses on its IRS Form 990.

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