To invest in people and property through the development, maintenance, and improvement of quality mixed-income housing and related supportive services for persons of very low and moderate income in the North Town area.
Executive compensation
Form 990 · Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Illinois.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $66k $71k |
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 6 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Near North Development Corporation equaled 14% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,789 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Down 3%
from 2023
From $68k in 2023 to $66k in 2024.
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.
Chief Executive Officer pay fell 3% from 2023 to 2024, while revenue fell 9%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Near North Development Corporation
What does the Chief Executive Officer of Near North Development Corporation earn?
In 2024, the Chief Executive Officer of Near North Development Corporation received $66,492 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Housing & Shelter organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at Near North Development Corporation compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Illinois, the 2024 pay of the Chief Executive Officer at Near North Development Corporation falls between the median and the 75th percentile. In 2024, the highest total compensation at Near North Development Corporation equaled 14% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are Near North Development Corporation's revenue and expenses?
In 2024, Near North Development Corporation reported $540k in total revenue and $469k in total expenses on its IRS Form 990.
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