The general purpose for which the Visionary Ventures NFP Corporation is formed is to operate exclusively for such charitable and educational purposes as will qualify it as an exempt organization within the meaning of Section 501 c 3 of the code but not limited to fostering the creation and preservation of low income and mixed income housing, providing training and technical assistance in low income communities to help support job creation and economic growth in underserved areas, leveraging public and private investments for economic and community development, and making of distributions to exempt organizations qualified under that section or corresponding section fo any future federal tax code.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations in Illinois.
| Position | Total |
|---|---|
Executive Director Below 10th percentile | $14k $15k |
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 5 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at VISIONARY VENTURES NFP CORPORATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about VISIONARY VENTURES NFP CORPORATION
What does the Chief Executive Officer of VISIONARY VENTURES NFP CORPORATION earn?
In 2024, the Chief Executive Officer of VISIONARY VENTURES NFP CORPORATION received $13,900 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Housing & Shelter organizations in Illinois: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.
How does Chief Executive Officer pay at VISIONARY VENTURES NFP CORPORATION compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations in Illinois, the 2024 pay of the Chief Executive Officer at VISIONARY VENTURES NFP CORPORATION falls in the bottom 10%. In 2024, the highest total compensation at VISIONARY VENTURES NFP CORPORATION equaled 6% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are VISIONARY VENTURES NFP CORPORATION's revenue and expenses?
In 2024, VISIONARY VENTURES NFP CORPORATION reported $216k in total revenue and $219k in total expenses on its IRS Form 990.
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