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Filing year 2024

NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION

Chicago, Illinois·EIN 23-7034689·501(c)(3)
Total revenue
$2.2M
Total assets
$26.5M
Total expenses
$1.9M
Reported officers
15
Mission

THE PRIMARY FUNCTION OF THE FOUNDATION IS TO DEVELOP PRIVATE SUPPORT ON BEHALF OF THE UNIVERSITY, TO PROMOTE THE UNIVERSITY'S MISSION AND TO RECEIVE AND ADMINISTER CONTRIBUTIONS. IN THIS WAY, THE FOUNDATION PLAYS A VITAL ROLE IN ENSURING THAT THE UNIVERSITY REMAINS HIGHLY AFFORDABLE, WHILE RETAINING THE HIGHEST ACADEMIC STANDARDS. PRIVATE CONTRIBUTIONS, WHEN ADDED TO STATE RESOURCES, ADD AN EXTRA DIMENSION OF SUPPORT THAT OTHERWISE WOULD NOT BE POSSIBLE.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

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

Executive Director
10th to 25th percentile
$22k
$24k

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 14 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 13%
from 2023

From $20k in 2023 to $22k in 2024.

$20k
2023
$22k
2024
In today's dollarsEst.
Up 9% in real terms$22k to $24k

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 13% from 2023 to 2024, while revenue fell 40%.

$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.
Financial trend

Revenue and expenses over time

NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.7M
$2.1M
2023
$2.2M
$1.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION

What does the Chief Executive Officer of NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION earn?

In 2024, the Chief Executive Officer of NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION received $22,456 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION falls between the 10th and 25th percentiles.

What are NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION's revenue and expenses?

In 2024, NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION reported $2.2M in total revenue and $1.9M in total expenses on its IRS Form 990.

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NORTHEASTERN ILLINOIS UNIVERSITY FOUNDATION | Chicago, IL | Lucido