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Filing year 2024

ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION

Springfield, Illinois·EIN 23-7289227·NTEE B82 · Education·501(c)(3)
Total revenue
$160k
Total assets
$2M
Total expenses
$98k
Reported officers
21
Mission

PROVIDE GRANT SCHOLARSHIPS TO STUDENTS AND PROMOTE EDUCATION RELATED TO THE REAL ESTATE INDUSTRY.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

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

Foundation Manager
Officer (Unspecified)
$28k
$30k
Treasurer
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 19 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION equaled 29% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
29%
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.

Down 46%
from 2023

From $52k in 2023 to $28k in 2024.

$52k
2023
$28k
2024
In today's dollarsEst.
Down 47% in real terms$57k to $30k

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 Financial Officer pay rose 10% from 2023 to 2024, while revenue rose 42%.

$20k in 2023 to $22k 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 ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION

What does the Chief Financial Officer of ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION earn?

In 2024, the Chief Financial Officer of ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION received $22,200 in total compensation. This pay is in the bottom quarter for Chief Financial Officer roles among Education organizations in Illinois, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Financial Officer pay at ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Illinois, the 2024 pay of the Chief Financial Officer at ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION equaled 29% of the organization's total expenses. The median for education organizations is 7%.

What are ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION's revenue and expenses?

In 2024, ILLINOIS REAL ESTATE EDUCATIONAL FOUNDATION reported $160k in total revenue and $98k in total expenses on its IRS Form 990.

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