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Filing year 2024

STARVED ROCK HOMES DEVELOPMENT CORP

Ottawa, Illinois·EIN 36-2903123·4
Total revenue
$446k
Total assets
$1.7M
Total expenses
$121k
Reported officers
4
Mission

THE MISSION OF STARVED ROCK HOMES DEVELOPMENT CORPORATION (SRHDC) IS TO DEVELOP PARTNERSHIPS IN BOTH THE PUBLIC AND PRIVATE SECTORS FOR THE DEVELOPMENT OF QUALITY, AFFORDABLE HOUSING THOUGHOUT LASALLE COUNTY. THROUGH ITS PARTNERSHIPS WITH LOCAL COMMUNITIES, DEVELOPERS, AND THE ILLINOIS HOUSING DEVELOPMENT AUTHORITY, SRHDC THRIVES TO MEET THE CURRENT HOUSING NEEDS FOR THE RESIDENTS OF LASALLE COUNTY WHILE ALSO KEEPING AN EYE ON WHAT THE FUTURE HOUSING NEEDS WILL BE.

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 nonprofits nationwide, across all sectors.

Secretary/tr
25th percentile to median
$42k
$45k

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 3 unpaid individuals.

Up 28%
from 2023

From $32k in 2023 to $42k in 2024.

$32k
2023
$42k
2024
In today's dollarsEst.
Up 25% in real terms$36k to $45k

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 Financial Officer pay rose 28% from 2023 to 2024, while revenue rose 12%.

$32k in 2023 to $42k 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

STARVED ROCK HOMES DEVELOPMENT CORP reported revenue and expenses across 2 filing years.

RevenueExpenses
$397k
$106k
2023
$446k
$121k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about STARVED ROCK HOMES DEVELOPMENT CORP

What does the Chief Financial Officer of STARVED ROCK HOMES DEVELOPMENT CORP earn?

In 2024, the Chief Financial Officer of STARVED ROCK HOMES DEVELOPMENT CORP received $41,676 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at STARVED ROCK HOMES DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Financial Officer at STARVED ROCK HOMES DEVELOPMENT CORP falls between the 25th percentile and the median.

What are STARVED ROCK HOMES DEVELOPMENT CORP's revenue and expenses?

In 2024, STARVED ROCK HOMES DEVELOPMENT CORP reported $446k in total revenue and $121k in total expenses on its IRS Form 990.

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