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Filing year 2024

ILLINOIS BUSINESS EDUCATION ASSOCIATION

Sherman, Illinois·EIN 37-6057589·NTEE B60 · Education·501(c)(3)
Total revenue
$129k
Total assets
$1.3M
Total expenses
$73k
Reported officers
16

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

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

Executive Di
Below 10th percentile
$8k
$9k
Executive Di
Below 10th percentile
$3k
$3k
Webmaster
Unclassified
$300
$323
Treasurer
Board Treasurer
Below 10th percentilevs Education peers nationwide
$300
$323

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 12 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ILLINOIS BUSINESS EDUCATION ASSOCIATION equaled 11% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
11%
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.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$11k

Itemized grants

1

Median grant

$11k

Pay for the position

Chief Executive Officer pay fell 46% from 2023 to 2024, while revenue rose 36%.

$15k in 2023 to $8k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ILLINOIS BUSINESS EDUCATION ASSOCIATION

What does the Chief Executive Officer of ILLINOIS BUSINESS EDUCATION ASSOCIATION earn?

In 2024, the Chief Executive Officer of ILLINOIS BUSINESS EDUCATION ASSOCIATION received $8,000 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Education organizations in Illinois: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ILLINOIS BUSINESS EDUCATION ASSOCIATION compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Chief Executive Officer at ILLINOIS BUSINESS EDUCATION ASSOCIATION falls in the bottom 10%. In 2024, the highest total compensation at ILLINOIS BUSINESS EDUCATION ASSOCIATION equaled 11% of the organization's total expenses. The median for education organizations is 7%.

What are ILLINOIS BUSINESS EDUCATION ASSOCIATION's revenue and expenses?

In 2024, ILLINOIS BUSINESS EDUCATION ASSOCIATION reported $129k in total revenue and $73k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.