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Filing year 2023

The Economic Club of Chicago

Chicago, Illinois·EIN 30-0748997·NTEE B99 · Education·501(c)(3)
Total revenue
$5.2M
Total assets
$8M
Total expenses
$5.4M
Reported officers
51
Mission

The Economic Club of Chicago connects global leaders across generations and from all backgrounds to foster independent dialogue on the most important issues facing the world.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

President and CEO
Above 90th percentile
$525k
$582k
Base
$378k
Bonus
$100k
Other
Benefits
$34k
Vice President & Chief Financial Officer
75th to 90th percentile
$256k
$284k
Base
$195k
Bonus
$38k
Other
Benefits
$13k
Vice President & Chief Programs Officer
Vice President
Median to 75th percentile
$243k
$269k
Base
$189k
Bonus
$33k
Other
Benefits
$14k
Vice President, Chief Marketing & Engagement Officer
Vice President
Median to 75th percentile
$240k
$266k
Base
$186k
Bonus
$32k
Other
Benefits
$14k
Vice President, Membership
Board Vice President
25th percentile to median
$182k
$202k
Base
$148k
Bonus
$15k
Other
Benefits
$13k
Director of Technology
Highest Compensated Employee
Median to 75th percentile
$180k
$199k
Base
$145k
Bonus
$14k
Other
Benefits
$13k

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 45 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at The Economic Club of Chicago equaled 10% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
10%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2022

From $490k in 2022 to $525k in 2023.

$490k
2022
$525k
2023
In today's dollarsEst.
Up 4% in real terms$561k to $582k

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.

Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue fell 9%.

$490k in 2022 to $525k in 2023.
  • Vice President pay rose 4% from 2022 to 2023.
  • Board Vice President pay rose 13% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 The Economic Club of Chicago

What does the Chief Executive Officer of The Economic Club of Chicago earn?

In 2023, the Chief Executive Officer of The Economic Club of Chicago received $525,496 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education 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 Economic Club of Chicago compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at The Economic Club of Chicago falls in the top 10%. In 2023, the highest total compensation at The Economic Club of Chicago equaled 10% of the organization's total expenses. The median for education organizations is 7%.

What are The Economic Club of Chicago's revenue and expenses?

In 2023, The Economic Club of Chicago reported $5.2M in total revenue and $5.4M in total expenses on its IRS Form 990.

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