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Filing year 2024

OAK GROVE DEVELOPMENT CORPORATION

Champaign, Illinois·EIN 27-1636147·NTEE L21 · Housing & Shelter·501(c)(3)
Total revenue
$7.4M
Total assets
$14.8M
Total expenses
$9k
Reported officers
8
Mission

To create, preserve, revitalize and pursue affordable housing and community development opportunities that serve a diverse mix of households, to entertain, through partnerships or through consultative services, affordable housing activity throughout the State of Connecticut, to seek to promote a viable and dynamic community through leadership and collaborative activities, and to focus on maintaining and managing quality housing and providing residential services that afford our residents the opportunity to achieve personal growth and financial independence.

Reported officers (all unpaid)

No paid executives reported in 2024. OAK GROVE DEVELOPMENT CORPORATION reported 8 unpaid officers and board members on its 990.

CEO
Vice President
Director
President
Director
Director
Director
Resident Advisr
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at OAK GROVE DEVELOPMENT CORPORATION equaled 986% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2023)
986%
Sector median
7%
Middle half of sector
3% to 16%

Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.

Financial trend

Revenue and expenses over time

OAK GROVE DEVELOPMENT CORPORATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.6M
$2k
2023
$7.4M
$9k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Illinois

OAK GROVE DEVELOPMENT CORPORATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Illinois earns a median of $66,520.

25th percentile
$32k
Median
$66,520
75th percentile
$158k
90th percentile
$231k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 248 organizations across 248 filings (2022 – 2024).

See full Housing & Shelter pay data for Illinois

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FAQ

Common questions about OAK GROVE DEVELOPMENT CORPORATION

What are OAK GROVE DEVELOPMENT CORPORATION's revenue and expenses?

In 2024, OAK GROVE DEVELOPMENT CORPORATION reported $7.4M in total revenue and $9k in total expenses on its IRS Form 990.

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