ORGANIZATION PROVIDES LOW-COST, FLEXIBLE FINANCING TO NON-PROFIT AND FOR-PROFIT COMMUNITY DEVELOPMENT ORGANIZATIONS FOR THE REVITALIZATION OF LOW AND MODERATE INCOME NEIGHBORHOODS THROUGHOUT METROPOLITAN CHICAGO.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.
- Base
- $317k
- Bonus
- $40k
- Other
- $128
- Benefits
- $34k
- Base
- $315k
- Bonus
- $35k
- Other
- $128
- Benefits
- $15k
- Base
- $225k
- Bonus
- $30k
- Other
- $128
- Benefits
- $21k
- Base
- $200k
- Bonus
- $24k
- Other
- $128
- Benefits
- $15k
- Base
- $179k
- Bonus
- $23k
- Other
- $128
- Benefits
- $24k
- Base
- $187k
- Bonus
- $22k
- Other
- $128
- Benefits
- $14k
- Base
- $178k
- Bonus
- $15k
- Other
- $128
- Benefits
- $24k
- Base
- $165k
- Bonus
- $19k
- Other
- $65
- Benefits
- $15k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Interim President and COO Above 90th percentilevs Community Improvement & Capacity Building peers in Illinois | $317k | $40k | $128 | $34k | $410k $439k |
President Above 90th percentilevs Community Improvement & Capacity Building peers in Illinois | $315k | $35k | $128 | $15k | $384k $411k |
Chief Financial Officer Above 90th percentile | $225k | $30k | $128 | $21k | $289k $310k |
Chief Risk Officer & VP Po Board Vice President 75th to 90th percentile | $200k | $24k | $128 | $15k | $250k $268k |
EVP of Ext. Relations Executive Vice President Median to 75th percentile | $179k | $23k | $128 | $24k | $237k $253k |
VP Lending Operations Board Vice President 75th to 90th percentile | $187k | $22k | $128 | $14k | $234k $251k |
VP Econ. Development Board Vice President Median to 75th percentile | $178k | $15k | $128 | $24k | $228k $244k |
Opportunity Zones Consorti Highest Compensated Employee 75th to 90th percentilevs Community Improvement & Capacity Building peers in Illinois | $165k | $19k | $65 | $15k | $210k $225k |
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 22 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at THE CHICAGO COMMUNITY LOAN FUND equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
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.
Down 38%
from 2023
From $660k in 2023 to $410k 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 38% from 2023 to 2024, while revenue rose 20%.
- Chief Financial Officer pay fell 35% from 2023 to 2024.
- Board Vice President pay fell 40% from 2023 to 2024.
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 THE CHICAGO COMMUNITY LOAN FUND
What does the Chief Executive Officer of THE CHICAGO COMMUNITY LOAN FUND earn?
In 2024, the Chief Executive Officer of THE CHICAGO COMMUNITY LOAN FUND received $409,623 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE CHICAGO COMMUNITY LOAN FUND 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 CHICAGO COMMUNITY LOAN FUND falls in the top 10%. In 2024, the highest total compensation at THE CHICAGO COMMUNITY LOAN FUND equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are THE CHICAGO COMMUNITY LOAN FUND's revenue and expenses?
In 2024, THE CHICAGO COMMUNITY LOAN FUND reported $18.8M in total revenue and $10.9M in total expenses on its IRS Form 990.
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