VP Finance Salary in Illinois
The VP Finance position in Illinois nonprofit organizations encompasses financial leadership positions managing organizational finances, accounting, budgeting, and fiscal compliance. This benchmark data reflects compensation trends from IRS Form 990 filings for organizations headquartered in Illinois, providing transparent and verifiable salary information for this critical role.
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VP Finance
Illinois
Median Salary
$213,032
Range: $114,975 - $383,215 (10th - 90th percentile)
Based on 175 organizations (511 positions)
Compensation Distribution in Illinois
| P10 | $114,975 |
| P25 | $167,073 |
| Median | $213,032 |
| P75 | $297,343 |
| P90 | $383,215 |
Understanding VP Finance Compensation in Illinois
The VP Finance role is a critical position within nonprofit organizations in Illinois. Compensation for this position varies based on several factors:
- Cost of Living: Illinois's cost of living affects salary expectations, with metropolitan areas typically offering higher compensation.
- Organization Size: Larger nonprofits with bigger budgets typically offer higher compensation packages.
- Sector: Different nonprofit sectors (health, education, social services, etc.) have varying compensation norms.
- Local Market: Competition for talent in Illinois and the density of nonprofit organizations influence salary ranges.
About This Data
This benchmark data is sourced from IRS Form 990 filings submitted by nonprofit organizations in Illinois. Form 990 reports compensation for officers, directors, trustees, key employees earning over $150,000, and the five highest-compensated employees earning over $100,000. For general staff positions not covered by Form 990, we supplement with Bureau of Labor Statistics occupational wage data.
Compare With Other States
Nonprofit compensation can vary significantly by state. Use our interactive tool to compare VP Finance salaries across different states and filter by organization size and sector.
Related Job Titles
This position may also be known as: Vice President of Finance, Vice President Finance, VP of Finance, V.P. Finance, VP - Finance, Vice Pres Finance, SVP Finance, Senior VP Finance.
Related Roles
These positions are in the same peer group and may have similar compensation profiles in Illinois:
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