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Filing year 2024

THE MAGNIFICENT MILE ASSOCIATION

Chicago, Illinois·EIN 36-2119989·NTEE S41 · Community Improvement & Capacity Building·501(c)(6)
Total revenue
$4.2M
Total assets
$2.2M
Total expenses
$4.2M
Reported officers
116
Mission

TO FOSTER, PROMOTE, MAINTAIN AND ENCOURAGE THE CIVIC, SOCIAL, COMMERCIAL AND INDUSTRIAL WELFARE OF 'THE MAGNIFICENT MILE' IN THE CITY OF CHICAGO.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Illinois.

President & CEO
75th to 90th percentile
$316k
$338k
Base
$316k
Bonus
Other
Benefits
Executive Producer
Unclassified
$152k
$163k
Base
$152k
Bonus
Other
Benefits
Director of Marketing
Director (Operational)
Median to 75th percentilevs Community Improvement & Capacity Building peers nationwide
$144k
$154k
Director of Membership
Unclassified
$113k
$121k

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 112 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE MAGNIFICENT MILE ASSOCIATION equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
8%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 25%
from 2023

From $252k in 2023 to $316k in 2024.

$252k
2023
$316k
2024
In today's dollarsEst.
Up 21% in real terms$280k to $338k

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

Chief Executive Officer pay rose 25% from 2023 to 2024, while revenue rose 19%.

$252k in 2023 to $316k in 2024.
  • Director (Operational) pay rose 31% 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MAGNIFICENT MILE ASSOCIATION

What does the Chief Executive Officer of THE MAGNIFICENT MILE ASSOCIATION earn?

In 2024, the Chief Executive Officer of THE MAGNIFICENT MILE ASSOCIATION received $315,851 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE MAGNIFICENT MILE ASSOCIATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Illinois, the 2024 pay of the Chief Executive Officer at THE MAGNIFICENT MILE ASSOCIATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at THE MAGNIFICENT MILE ASSOCIATION equaled 8% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are THE MAGNIFICENT MILE ASSOCIATION's revenue and expenses?

In 2024, THE MAGNIFICENT MILE ASSOCIATION reported $4.2M in total revenue and $4.2M in total expenses on its IRS Form 990.

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