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Filing year 2024

MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK

Paris, Illinois·EIN 37-6185245·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$147k
Total assets
$2.4M
Total expenses
$137k
Reported officers
1

Executive compensation

Form 990-PF · Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois.

Trustee
Board Member
Median to 75th percentile
$24k
$26k

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.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

This organization (2024)
18%
Sector median
8%
Middle half of sector
3% to 18%

Based on 5,862 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Up 3%
from 2023

From $23k in 2023 to $24k in 2024.

$23k
2023
$24k
2024
In today's dollarsEst.
Roughly flat in real terms$26k to $26k

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

Board Member pay rose 3% from 2023 to 2024, while revenue rose 6%.

$23k in 2023 to $24k 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.
Financial trend

Revenue and expenses over time

MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK reported revenue and expenses across 2 filing years.

RevenueExpenses
$139k
$189k
2023
$147k
$137k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Illinois

Comparable philanthropy, voluntarism & grantmaking organizations in Illinois pay their highest-earning executive a median of $29,176.

25th percentile
$11k
Median
$29,176
75th percentile
$80k
90th percentile
$184k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,034 organizations across 1,034 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Illinois
FAQ

Common questions about MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK

What does the Board Member of MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK earn?

In 2024, the Board Member of MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK received $24,082 in total compensation. This pay is above the median (the midpoint) for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Illinois, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board Member pay at MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Illinois, the 2024 pay of the Board Member at MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK falls between the median and the 75th percentile. In 2024, the highest total compensation at MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK equaled 18% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 8%.

What are MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK's revenue and expenses?

In 2024, MCCLAIN SCHOLARSHIP TRUST PROSPECT BANK reported $147k in total revenue and $137k in total expenses on its IRS Form 990.

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