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Filing year 2024

RATE FOUNDATION NFP

Chicago, Illinois·EIN 45-4204135·NTEE B82 · Education·3
Total revenue
$2.7M
Total assets
$1.6M
Total expenses
$2.5M
Reported officers
5
Mission

FOUNDATION WAS CREATED BY GUARANTEED RATE, INC. TO FULFILL CHARITABLE AND BENEVOLENT PURPOSES BY PROVIDING SUPPORT AND ASSISTANCE TO FAMILIES AND PERSONS IN NEED AND AT TIMES OF CRISIS. WITH THE FINANCIAL ASSISTANCE OF PRIVATE DONORS, THE FOUNDATION AND ITS VOLUNTEERS WILL COLLECT MONEY AND ITEMS FOR DONATION AS WELL AS PROVIDE ASSISTANCE IN THE SPONSORSHIP AND ORGANIZATION OF BENEFIT DRIVES. THE FOUNDATION INTENDS TO PROVIDE ASSISTANCE TO THE PUBLIC AT LARGE, BUT WILL FOCUS ITS EFFORTS, BOTH IN FUNDRAISING AND AID DISTRIBUTION, IN THE REAL ESTATE AND MORTGAGE ORIGINATION COMMUNITIES THROUGHOUT THE UNITED STATES. THE COLLECTION AND DISTRIBUTION EFFORTS WILL BENEFIT THE RECIPIENTS, FOSTER A SENSE OF COMMUNITY AND ENCOURAGE CONTINUED CHARITABLE ACTIVITIES.

Reported officers (all unpaid)

No paid executives reported in 2024. RATE FOUNDATION NFP reported 5 unpaid officers and board members on its 990.

Vice President, Director
Treasurer
Secretary
President, Director
Senior Director, Gr Founda
Financial trend

Revenue and expenses over time

RATE FOUNDATION NFP reported revenue and expenses across 2 filing years.

RevenueExpenses
$519k
$677k
2023
$2.7M
$2.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Illinois

RATE FOUNDATION NFP reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Illinois earns a median of $79,978.

25th percentile
$25k
Median
$79,978
75th percentile
$195k
90th percentile
$368k

These are education sector-wide figures, not this organization's reported pay. Based on 362 organizations across 362 filings (2021 – 2023).

See full Education pay data for Illinois
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