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Filing year 2023

ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC

Springfield, Illinois·EIN 47-3603983·NTEE B90 · Education·501(c)(3)
Total revenue
$68k
Total assets
$298k
Total expenses
$33k
Reported officers
8
Mission

MAKING GRANTS TO INDIVIDUAL EDUCATORS AND EDUCATIONAL INSTITUTIONS IN ILLINOIS FOR CHARITABLE AND EDUCATIONAL ACTIVITIES RELATED TO IMPROVING THE DELIVERY OF EDUCATION, FURTHERING EDUCATIONAL OPPORTUNITIES, AND THE DEVELOPMENT OF NEW CURRICULUM OR CREATIVE EDUCATIONAL PROGRAMS.

Executive compensation

Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023

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

President
25th percentile to median
$80k
$89k
Secretary/treasurer
Officer (Unspecified)
$62k
$69k
Vice Chairperson
Board Vice Chair
Median to 75th percentilevs Education peers nationwide
$59k
$65k
President (until 7/14/23)
10th to 25th percentile
$22k
$24k

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 Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC equaled 243% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
243%
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 2%
from 2022

From $82k in 2022 to $80k in 2023.

$82k
2022
$80k
2023
In today's dollarsEst.
Down 6% in real terms$94k to $89k

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 fell 2% from 2022 to 2023, while revenue rose 68%.

$82k in 2022 to $80k in 2023.
  • Board Vice Chair pay rose 52% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC

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

In 2023, the Chief Executive Officer of ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC received $80,294 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Education organizations in Illinois, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

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

Compared with the same role at Education organizations in Illinois, the 2023 pay of the Chief Executive Officer at ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC equaled 243% of the organization's total expenses. The median for education organizations is 7%.

What are ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC's revenue and expenses?

In 2023, ILLINOIS EDUCATION ASSOCIATION FOUNDATION INC reported $68k in total revenue and $33k in total expenses on its IRS Form 990.

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