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Filing year 2024

ILLINOIS POLICY INSTITUTE

Chicago, Illinois·EIN 41-2057028·NTEE W05 · Public & Societal Benefit·501(c)(3)
Total revenue
$8.1M
Total assets
$3.1M
Total expenses
$7.5M
Reported officers
14
Mission

THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING, AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

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

President and CEO
Median to 75th percentilevs Public & Societal Benefit peers in Illinois
$318k
$340k
Base
$279k
Bonus
Other
Benefits
$21k
VP of External Relations
Board Vice President
Median to 75th percentile
$213k
$228k
Base
$179k
Bonus
Other
Benefits
$26k
Executive VP
Executive Vice President
25th percentile to median
$140k
$150k
Base
$133k
Bonus
Other
Benefits
VP Operations
Board Vice President
25th percentile to median
$134k
$143k
Base
$91k
Bonus
Other
Benefits
$27k
Senior Vice President
10th to 25th percentile
$126k
$135k
Base
$120k
Bonus
Other
Benefits
VP of Government Aff
Board Vice President
25th percentile to median
$115k
$123k
Base
$77k
Bonus
Other
Benefits
$19k

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 Public & Societal Benefit

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ILLINOIS POLICY INSTITUTE equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

This organization (2024)
4%
Sector median
10%
Middle half of sector
4% to 22%

Based on 2,608 public & societal benefit 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.

Up 12%
from 2023

From $285k in 2023 to $318k in 2024.

$285k
2023
$318k
2024
In today's dollarsEst.
Up 8% in real terms$315k to $340k

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 Executive Officer pay rose 12% from 2023 to 2024, while revenue rose 9%.

$285k in 2023 to $318k in 2024.
  • Board Vice President pay rose 89% from 2023 to 2024.
  • Executive Vice President pay rose 4% 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 ILLINOIS POLICY INSTITUTE

What does the Chief Executive Officer of ILLINOIS POLICY INSTITUTE earn?

In 2024, the Chief Executive Officer of ILLINOIS POLICY INSTITUTE received $317,751 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Public & Societal Benefit organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ILLINOIS POLICY INSTITUTE compare with similar nonprofits?

Compared with the same role at Public & Societal Benefit organizations in Illinois, the 2024 pay of the Chief Executive Officer at ILLINOIS POLICY INSTITUTE falls between the median and the 75th percentile. In 2024, the highest total compensation at ILLINOIS POLICY INSTITUTE equaled 4% of the organization's total expenses. The median for public & societal benefit organizations is 10%.

What are ILLINOIS POLICY INSTITUTE's revenue and expenses?

In 2024, ILLINOIS POLICY INSTITUTE reported $8.1M in total revenue and $7.5M in total expenses on its IRS Form 990.

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