THE PURPOSE OF THE ORGANIZATION IS TO ENGAGE IN ACTIVE CONTINUOUS MEDICAL RESEARCH TO FURTHER THE UNDERSTANDING OF APPLICATIONS OF NEW MODES OF THERAPY FOR CARDIOVASCULAR DISEASE, DIABETES AND NEUROLOGICAL DISORDERS.
Executive compensation, broken down
Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Medical Research organizations nationwide.
- Base
- $1.1M
- Bonus
- $80k
- Other
- $1k
- Benefits
- $30k
- Base
- $669k
- Bonus
- —
- Other
- $1k
- Benefits
- $25k
- Base
- $187k
- Bonus
- —
- Other
- $1k
- Benefits
- $977
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Board Member / Physician Board Member Above 90th percentile | $1.1M | $80k | $1k | $30k | $1.2M $1.4M |
Physician Highest Compensated Employee Above 90th percentile | $669k | — | $1k | $25k | $703k $776k |
Executive Director - Perc Median to 75th percentilevs Medical Research peers in Illinois | $187k | — | $1k | $977 | $172k $190k |
Board Member / Hshs Svp-chief Strategy Officer Board Member 75th to 90th percentile | — | — | — | — | $117k $129k |
Secretary (began 11/1/23) Secretary (Operational) 25th percentile to median | — | — | — | — | $66k $73k |
Board Member / Hshs SVP & Chief Physician Executive Board President 25th percentile to median | — | — | — | — | $40k $44k |
Board Member 25th percentile to median | — | — | — | — | $29k $32k |
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 5 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at Prairie Education & Research Cooperative equaled 32% of the organization's total expenses. The median for medical research organizations is 10%.
Based on 1,118 medical research organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 41%
from 2022
From $883k in 2022 to $1.2M in 2023.
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.
Board Member pay rose 41% from 2022 to 2023, while revenue fell 2%.
- Highest Compensated Employee pay rose 34% from 2022 to 2023.
- Chief Executive Officer pay rose 5% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Prairie Education & Research Cooperative
What does the Board Member of Prairie Education & Research Cooperative earn?
In 2023, the Board Member of Prairie Education & Research Cooperative received $1,247,266 in total compensation. This pay is in the top 10% for Board Member roles among Medical Research organizations nationwide: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.
How does Board Member pay at Prairie Education & Research Cooperative compare with similar nonprofits?
Compared with the same role at Medical Research organizations nationwide, the 2023 pay of the Board Member at Prairie Education & Research Cooperative falls in the top 10%. In 2023, the highest total compensation at Prairie Education & Research Cooperative equaled 32% of the organization's total expenses. The median for medical research organizations is 10%.
What are Prairie Education & Research Cooperative's revenue and expenses?
In 2023, Prairie Education & Research Cooperative reported $4M in total revenue and $3.9M in total expenses on its IRS Form 990.
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