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Filing year 2024

TURNSTONE DEVELOPMENT CORP

Northlake, Illinois·EIN 36-3105849·NTEE L20 · Housing & Shelter·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2024

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

Executive Dir.
Highest Compensated Employee
Above 90th percentile
$319k
$341k
Base
$319k
Bonus
Other
Benefits
Office Manager
Median to 75th percentilevs all sectors nationwide
$123k
$132k
Treasurer
Officer (Unspecified)
$4k
$4k
Chairman
Board Chair
10th to 25th percentilevs Housing & Shelter peers nationwide
$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

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at TURNSTONE DEVELOPMENT CORP equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

This organization (2024)
16%
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.

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.

Pay for the position

Office Manager pay rose 8% from 2023 to 2024, while revenue fell 38%.

$114k in 2023 to $123k in 2024.
  • Board Chair pay held roughly steady from 2022 to 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.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about TURNSTONE DEVELOPMENT CORP

What does the Highest Compensated Employee of TURNSTONE DEVELOPMENT CORP earn?

In 2024, the Highest Compensated Employee of TURNSTONE DEVELOPMENT CORP received $318,591 in total compensation. This pay is in the top 10% for Highest Compensated Employee roles among Housing & Shelter organizations in Illinois: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at TURNSTONE DEVELOPMENT CORP compare with similar nonprofits?

Compared with the same role at Housing & Shelter organizations in Illinois, the 2024 pay of the Highest Compensated Employee at TURNSTONE DEVELOPMENT CORP falls in the top 10%. In 2024, the highest total compensation at TURNSTONE DEVELOPMENT CORP equaled 16% of the organization's total expenses. The median for housing & shelter organizations is 7%.

What are TURNSTONE DEVELOPMENT CORP's revenue and expenses?

In 2024, TURNSTONE DEVELOPMENT CORP reported $3M in total revenue and $2M in total expenses on its IRS Form 990.

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