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Filing year 2023

ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION

Urbana, Illinois·EIN 37-6046462·501(c)(5)
Total revenue
$18.8M
Total assets
$17.2M
Total expenses
$18.2M
Reported officers
22
Mission

TEACHING BUSINESS ANALYSIS AND ACCOUNTING SKILLS TO FARM OPERATORS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 22 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

VP of Innovation
Board Vice President
75th to 90th percentile
$288k
$318k
Base
$260k
Bonus
$4k
Other
Benefits
CEO
75th to 90th percentile
$281k
$310k
Base
$193k
Bonus
$53k
Other
Benefits
$11k
Regional VP
Board Vice President
75th to 90th percentile
$253k
$279k
Base
$192k
Bonus
$28k
Other
Benefits
$11k
Field Staff
Highest Compensated Employee
Median to 75th percentile
$178k
$197k
Base
$152k
Bonus
$994
Other
Benefits
$11k
Regional VP
Board Vice President
Median to 75th percentile
$166k
$183k
Base
$142k
Bonus
$100
Other
Benefits
$11k
VP Region 1
Board Vice President
Median to 75th percentile
$158k
$175k
Base
$128k
Bonus
$7k
Other
Benefits
$11k
Field Staff
Highest Compensated Employee
25th percentile to median
$151k
$167k
Base
$129k
Bonus
$10k
Other
Benefits
Treasurer
Median to 75th percentile
$136k
$150k
President
Below 10th percentile
$7k
$7k
Vice President
10th to 25th percentile
$6k
$7k
Director
Board Member
25th percentile to median
$6k
$6k
Director
Board Member
25th percentile to median
$5k
$6k
Secretary
Officer (Unspecified)
$5k
$6k
Director
Board Member
25th percentile to median
$5k
$5k
Director
Board Member
10th to 25th percentile
$4k
$5k
Director
Board Member
10th to 25th percentile
$4k
$4k
Director (thru 09/23)
Board Member
10th to 25th percentile
$4k
$4k
Director (from 09/23)
Board Member
10th to 25th percentile
$4k
$4k
Director (thru 09/23)
Board Member
10th to 25th percentile
$3k
$4k
Director (from 09/23)
Board Member
10th to 25th percentile
$2k
$2k
Director (from 09/23)
Board Member
10th to 25th percentile
$2k
$2k
Vice President (thru 09/23)
Vice President
Below 10th percentile
$1k
$1k

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.

FAQ

Common questions about ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION

What does the Board Vice President of ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION earn?

In 2023, the Board Vice President of ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION received $287,774 in total compensation. This pay is in the top quarter for Board Vice President roles among nonprofits nationwide, across all sectors, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Board Vice President at ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION falls between the 75th and 90th percentiles.

What are ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION's revenue and expenses?

In 2023, ILLINOIS FARM BUSINESS FARM MANAGEMENT ASSOCIATION reported $18.8M in total revenue and $18.2M in total expenses on its IRS Form 990.

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