Chicago Development Fund Salary

As of April 2026, the average annual salary for employees at Chicago Development Fund in the United States is $90,734. This translates to an approximate hourly wage of $44. Salaries at Chicago Development Fund typically range from $79,347 to $103,819 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Chicago Development Fund

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Is Chicago Development Fund’s Pay Competitive? Salary Benchmarking Analysis

How does Chicago Development Fund's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Downtown Partnership of Colorado Springs Co $85,217
-6.1%
Downtown Partnership of Colorado Springs Co focuses strategically on recruiting and training entry-level apprentices.
Burton Public Library $81,694
-10.0%
Burton Public Library operates with a leaner overhead structure, impacting base wage offers.
Catholic Charities of Cortland County $84,194
-7.2%
Normalized for lower cost-of-living zones where Catholic Charities of Cortland County primarily operates.
Village of Baltimore $81,525
-10.1%
Village of Baltimore may offer non-monetary perks in lieu of competitive base salaries.
Edu., Gov't. & Nonprofit Industry $115,341
+27.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Chicago Development Fund

Considering a career at Chicago Development Fund? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
There is a strong sense of purpose in the work, but limited engagement from leadership. Ideal for those seeking stability, not stimulation. Engaging, well-informed team with great attention to detail. Professional development opportunities are well-structured and accessible.
The inclusive culture respects diversity and promotes mutual understanding. Benefits are excellent, including paid leave and medical coverage. What stands out most is the shared passion for education - from the maintenance staff to the superintendent, everyone believes in our mission. Schedules are predictable, and vacation time is respected. Ensured we met all requirements effortlessly. This orga...
If you’re looking for a place where your work has lasting value and you're treated respectfully, this is a great fit. That said, the people are friendly, and the mission is meaningful. Truly a pleasure to engage with for both long- and short-term projects. Despite serving thousands of students, it maintains a personal touch. People care about each other here.

Chicago Development Fund Overview

Website
www.chicagodevelopmentfund.org
Founded In
2005
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
121 N La Salle St Chicago Illinois IL 60602
Revenue
<$5 Million
Phone Number
+1 3124244254
Social Media
About Chicago Development Fund
Founded in July 2005 by the City of Chicago, the Chicago Development Fund (CDF) is a non-profit corporation that provides capital to qualifying projects and businesses in low-income areas of Chicago through the use of New Markets Tax Credits (NMTCs). CDF was been awarded $238 million in NMTCs by the United States Department of the Treasury in four allocations starting in 2006. The activities of th

What Benefits Does Chicago Development Fund Offer Beyond Salary?

A competitive compensation package is more than just a salary. Chicago Development Fund offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Chicago Development Fund.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Chicago Development Fund, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Chicago Development Fund salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Chicago Development Fund

1. What is the estimated average total compensation at Chicago Development Fund?

Salary.com estimates that the average total compensation package at Chicago Development Fund, which can include base salary, potential bonuses, and benefits, is around $90,734 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Chicago Development Fund pay compared to Downtown Partnership of Colorado Springs Co?

The average annual salary at Chicago Development Fund is $90,734, or an hourly wage of $44, in comparison to Downtown Partnership of Colorado Springs Co which pays $85,217 per year or $41 per hour.

3. Do salaries differ significantly between departments at Chicago Development Fund?

Yes, salaries often differ between departments at Chicago Development Fund due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Chicago Development Fund?

Salary progression from an entry-level to a senior role at Chicago Development Fund can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Chicago Development Fund in Chicago is fair given the local cost of living?

To determine if a salary offer from Chicago Development Fund in Chicago is fair, first compare the gross salary to our data for similar roles at Chicago Development Fund and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.

6. Are promotions at Chicago Development Fund usually accompanied by a significant salary increase?

Yes, promotions at Chicago Development Fund are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.