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Filing year 2024

COTTAGE HEALTH FOUNDATION

Galesburg, Illinois·EIN 37-0661205·NTEE T129 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$7k
Total assets
$2.2M
Total expenses
$55k
Reported officers
6
Mission

COTTAGE HEALTH FOUNDATION IS ORGANIZED TO SUPPORT, BENEFIT OR CARRY OUT THE PROMOTION OF HEALTH AND OTHER CHARITABLE AND EDUCATIONAL PURPOSES THROUGH THE SUPPORT OF THE CHARITABLE ACTIVITIES OF GALESBURG COMMUNITY FOUNDATION.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Chief Executive Officer
10th to 25th percentile
$26k
$28k
Director of Finance & Operations
Below 10th percentile
$15k
$16k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at COTTAGE HEALTH FOUNDATION equaled 48% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
48%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 4%
from 2023

From $25k in 2023 to $26k in 2024.

$25k
2023
$26k
2024
In today's dollarsEst.
Up 1% in real terms$28k to $28k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 4% from 2023 to 2024, while revenue fell 89%.

$25k in 2023 to $26k in 2024.
  • Chief Financial Officer pay rose 2% from 2023 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 COTTAGE HEALTH FOUNDATION

What does the Chief Executive Officer of COTTAGE HEALTH FOUNDATION earn?

In 2024, the Chief Executive Officer of COTTAGE HEALTH FOUNDATION received $26,345 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at COTTAGE HEALTH FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Chief Executive Officer at COTTAGE HEALTH FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at COTTAGE HEALTH FOUNDATION equaled 48% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are COTTAGE HEALTH FOUNDATION's revenue and expenses?

In 2024, COTTAGE HEALTH FOUNDATION reported $7k in total revenue and $55k in total expenses on its IRS Form 990.

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