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Filing year 2024

ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

Chicago, Illinois·EIN 36-3271510·NTEE A82Z · Arts, Culture & Humanities·3
Total revenue
$517k
Total assets
$1.6M
Total expenses
$445k
Reported officers
25
Mission

TO BUILD THE FUTURE HOSPITALITY INDUSTRY THROUGH CAREER EXPLORATION, WORK FORCE DEVELOPMENT AND SCHOLARSHIPS.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Arts, Culture & Humanities organizations in Illinois.

2nd Vice Chairman
Board Chair
Median to 75th percentilevs Arts, Culture & Humanities peers nationwide
$21k
$22k
Executive Director
Below 10th percentile
$4k
$4k

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 23 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2024)
5%
Sector median
11%
Middle half of sector
5% to 20%

Based on 16,529 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 7%
from 2023

From $19k in 2023 to $21k in 2024.

$19k
2023
$21k
2024
In today's dollarsEst.
Up 3% in real terms$22k to $22k

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

Board Chair pay rose 7% from 2023 to 2024, while revenue rose 6%.

$19k in 2023 to $21k in 2024.
  • Chief Executive Officer pay rose 85% 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 RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC

What does the Board Chair of ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC earn?

In 2024, the Board Chair of ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC received $20,836 in total compensation. This pay is above the median (the midpoint) for Board Chair roles among Arts, Culture & Humanities organizations nationwide, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Chair pay at ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Arts, Culture & Humanities organizations nationwide, the 2024 pay of the Board Chair at ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC equaled 5% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

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

In 2024, ILLINOIS RESTAURANT ASSOCIATION EDUCATIONAL FOUNDATION INC reported $517k in total revenue and $445k in total expenses on its IRS Form 990.

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