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Filing year 2024

IFPA RETIREE VEBA TRUST

Tinley Park, Illinois·EIN 32-6528294·NTEE Y43 · Mutual & Membership Benefit·501(c)(9)
Total revenue
$145k
Total assets
$2.3M
Total expenses
$150k
Reported officers
4
Mission

PROVIDES REIMBURSEMENTS TO ELIGIBLE RETIREES OF THE ILLINOIS FAIR PLAN ASSOCIATION FOR CERTAIN MEDICAL EXPENSES OCCURRED BY THE RETIREES, THEIR SPOUSES, AND DEPENDENT CHILDREN.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Mutual & Membership Benefit organizations nationwide.

Trustee
Board Member
75th to 90th percentile
$87k
$93k

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 3 unpaid individuals.

Browse compensation in Mutual & Membership Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IFPA RETIREE VEBA TRUST equaled 58% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

This organization (2024)
58%
Sector median
4%
Middle half of sector
0.9% to 13%

Based on 1,353 mutual & membership benefit organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 40%
from 2023

From $145k in 2023 to $87k in 2024.

$145k
2023
$87k
2024
In today's dollarsEst.
Down 42% in real terms$160k to $93k

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

Board Member pay fell 40% from 2023 to 2024, while revenue rose 183%.

$145k in 2023 to $87k in 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 IFPA RETIREE VEBA TRUST

What does the Board Member of IFPA RETIREE VEBA TRUST earn?

In 2024, the Board Member of IFPA RETIREE VEBA TRUST received $86,672 in total compensation. This pay is in the top quarter for Board Member roles among Mutual & Membership Benefit organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at IFPA RETIREE VEBA TRUST compare with similar nonprofits?

Compared with the same role at Mutual & Membership Benefit organizations nationwide, the 2024 pay of the Board Member at IFPA RETIREE VEBA TRUST falls between the 75th and 90th percentiles. In 2024, the highest total compensation at IFPA RETIREE VEBA TRUST equaled 58% of the organization's total expenses. The median for mutual & membership benefit organizations is 4%.

What are IFPA RETIREE VEBA TRUST's revenue and expenses?

In 2024, IFPA RETIREE VEBA TRUST reported $145k in total revenue and $150k in total expenses on its IRS Form 990.

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