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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Illinois Hotel & Lodging Educational Foundation

Illinois Hotel & Lodging Educational Foundation

Fiscal year ending 2024. Filed on September 11, 2025.

17 E Monroe Street 325
Chicago, Illinois 60603

Illinois Hotel & Lodging Educational Foundation (EIN: 36-3809567) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Illinois Hotel & Lodging Educational Foundation, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $358,605. The highest compensated employee at Illinois Hotel & Lodging Educational Foundation is Michael Jacobson with fiscal year 2024 compensation of $358,605.

Revenue, expenses, and employee compensation

Revenue

$159,034

Expenses

$85,589

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Jacobson
President and Chief Executive Officer and Director
$358,605
$0 $358,605 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Andrew Schwebel
Director
Iris Junge
Secretary and Treasurer
Konstantine Drosos
Director
Lan Li
Director
Marc J Gordon
Director
Michael Krause
Director
Nabil Moubayed
Chair
Peter Simoncelli
Director
Pierre-Louis Giaccotto
Director
Rich Cialabrini
Director
Shevket Dardovski
Director
Tommie van
Director

Mission Statement

ILLINOIS HOTEL & LODGING ASSOCIATION EDUCATIONAL FOUNDATION (IHLAEF) IS DEDICATED (SEE SCH O) TO MENTORING FUTURE HOTEL EMPLOYEES AND PROVIDING CONTINUING EDUCATION FOR CURRENT HOSPITALITY INDUSTRY EMPLOYEES.

Revisions to this organization profile

September 11, 2025:
2024 Illinois Hotel & Lodging Educational Foundation 990 filed
August 27, 2024:
2023 Illinois Hotel & Lodging Educational Foundation 990 filed
March 15, 2023:
2022 Illinois Hotel & Lodging Educational Foundation 990 filed

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