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Filing year 2024

TURNSTONE DEVELOPMENT CORP

Northlake, Illinois·EIN 36-3105849·NTEE L20 · Housing & Shelter·3
Total revenue
$3M
Total assets
$48.9M
Total expenses
$2M
Reported officers
7
Mission

TO PROVIDE AFFORDABLE HOUSING OPPORTUNITIES FOR FAMILIES IN NEED OF HOUSING ASSISTANCE THROUGHOUT THE UNITED STATES.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2024

Executive Dir.
highest compensated employee
$319k
$341k
Base
$319k
Bonus
Other
Benefits
Office Manager
officer (unspecified)
$123k
$132k
Treasurer
officer (unspecified)
$4k
$4k
Chairman
board chair
$4k
$4k
Director
officer (unspecified)
$4k
$4k
Secretary
officer (unspecified)
$4k
$4k
Director
officer (unspecified)
$4k
$4k

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.

Browse compensation in Housing & Shelter

Climbed 32%
over 2 years

From $242k in 2022 to $319k in 2024.

$242k
2022
$336k
2023
$319k
2024
In today's dollarsEst.
Up 23% in real terms$277k to $341k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

TURNSTONE DEVELOPMENT CORP reported revenue and expenses across 3 filing years.

RevenueExpenses
$8.2M
$1.6M
2022
$4.7M
$1.6M
2023
$3M
$2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in Illinois

Comparable housing & shelter organizations in Illinois pay their highest-earning executive a median of $57,528.

25th percentile
$30k
Median
$57,528
75th percentile
$125k
90th percentile
$157k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 53 organizations across 53 filings (2022 – 2023).

See full Housing & Shelter pay data for Illinois
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