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Filing year 2024

EMPOWER ILLINOIS

Chicago, Illinois·EIN 27-2479414·NTEE B01 · Education·501(c)(3)
Total revenue
$276k
Total assets
$1.1M
Total expenses
$2.6M
Reported officers
12
Mission

WE BELIEVE EVERY CHILD IN THE STATE OF ILLINOIS SHOULD HAVE AN EQUAL OPPORTUNITY FOR A QUALITY EDUCATION. EMPOWER ILLINOIS EXPANDS QUALITY EDUCATION OPTIONS FOR LOW-INCOME AND WORKING FAMILIES OF ILLINOIS, WITH A PARTICULAR EMPHASIS ON K-12 SCHOLARSHIPS AND STUDENT-CENTERED PUBLIC POLICY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Illinois.

CFO
75th to 90th percentile
$223k
$239k
Base
$155k
Bonus
Other
$68k
Benefits
CEO
Median to 75th percentile
$130k
$139k
President
Highest Compensated Employee
Below 10th percentile
$115k
$123k
Director of School & Comms Partnerships
Highest Compensated Employee
Below 10th percentile
$110k
$118k

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 8 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at EMPOWER ILLINOIS equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 34%
from 2023

From $337k in 2023 to $223k in 2024.

$337k
2023
$223k
2024
In today's dollarsEst.
Down 36% in real terms$374k to $239k

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.

Pay for the position

Chief Financial Officer pay rose 3% from 2023 to 2024, while revenue fell 100%.

$216k in 2023 to $223k in 2024.
  • Highest Compensated Employee pay fell 66% 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 EMPOWER ILLINOIS

What does the Chief Financial Officer of EMPOWER ILLINOIS earn?

In 2024, the Chief Financial Officer of EMPOWER ILLINOIS received $222,872 in total compensation. This pay is in the top quarter for Chief Financial Officer roles among Education organizations in Illinois, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at EMPOWER ILLINOIS compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Chief Financial Officer at EMPOWER ILLINOIS falls between the 75th and 90th percentiles. In 2024, the highest total compensation at EMPOWER ILLINOIS equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are EMPOWER ILLINOIS's revenue and expenses?

In 2024, EMPOWER ILLINOIS reported $276k in total revenue and $2.6M in total expenses on its IRS Form 990.

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