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Filing year 2024

AISC EDUCATION FOUNDATION INC

Chicago, Illinois·EIN 51-0243833·NTEE B82 · Education·3
Total revenue
$1.4M
Total assets
$6M
Total expenses
$602k
Reported officers
17
Mission

THE FOUNDATION SHALL OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IT SHALL HAVE, WITHOUT LIMITATION, THE FOLLOWING POWERS: SEE CONTINUED MISSION ON SCHEDULE OTO RECEIVE CONTRIBUTIONS, TO ACCEPT, HOLD, INVEST, REINVEST AND ADMINISTER ANY GIFTS, REQUESTS, DEVISES, BENEFITS OR TRUSTS, AND ANY PROPERTY OF ANY KIND WHATSOEVER, BOTH REAL AND PERSONAL, AND TO USE, DISBURSE, OR DISTRIBUTE THE INCOME OR PRINCIPAL THEREOF FOR EDUCATION SCHOLARSHIPS AND FELLOWSHIPS TO FURTHER COMPETENCE, CREATIVITY AND INTEREST IN THE FABRICATED STRUCTURAL STEEL AND ENGINEERING DESIGN INDUSTRIES AND FOR ALL OTHER CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES ALLOWED BY THE INTERNAL REVENUE CODE, AND THE ILLINOIS GENERAL NOT FOR PROFIT LAW.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$45k
$48k

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 16 unpaid individuals.

Browse compensation in Education

Down 38%
from 2023

From $73k in 2023 to $45k in 2024.

$73k
2023
$45k
2024
In today's dollarsEst.
Down 40% in real terms$80k to $48k

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

AISC EDUCATION FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$581k
$490k
2023
$1.4M
$602k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

Comparable education organizations in Illinois pay their highest-earning executive a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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