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Filing year 2024

MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE

Mt Carmel, Illinois·EIN 26-3508977·NTEE S32 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$234k
Total assets
$603k
Total expenses
$113k
Reported officers
6
Mission

TO CREATE A VISION FOR OUR ECONOMIC DEVELOPMENT EFFORTS. TO CREATE A VISION TO THE COMMUNITY.

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 Community Improvement & Capacity Building organizations in Illinois.

President
10th to 25th percentile
$40k
$43k

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 5 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 MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE equaled 35% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
35%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held steady
from 2023

From $40k in 2023 to $40k in 2024.

$40k
2023
$40k
2024
In today's dollarsEst.
Down 3% in real terms$44k to $43k

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 held roughly steady from 2023 to 2024, while revenue rose 80%.

$40k in 2023 to $40k 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.

Among peers

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

FAQ

Common questions about MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE

What does the Chief Executive Officer of MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE earn?

In 2024, the Chief Executive Officer of MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE received $39,600 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE 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 MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE falls between the 10th and 25th percentiles. In 2024, the highest total compensation at MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE equaled 35% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE's revenue and expenses?

In 2024, MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE reported $234k in total revenue and $113k in total expenses on its IRS Form 990.

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