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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 Public & Societal Benefit Illinois Policy Institute

Illinois Policy Institute

Fiscal year ending 2024. Filed on November 17, 2025.

300 S Riverside Plaza 1650
Chicago, Illinois 60606

Illinois Policy Institute (EIN: 41-2057028) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Illinois Policy Institute, a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $222,795. The highest compensated employee at Illinois Policy Institute is Matthew Paprocki with fiscal year 2024 compensation of $426,417.

Revenue, expenses, and employee compensation

Revenue

$8,092,270

Expenses

$7,481,285

Employee compensation

$2,924,075
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Paprocki
President and Chief Executive Officer
$426,417
$279,426 $108,666 $38,325
Austin Jack
Vice President, External Relations
$224,646
$179,387 $11,450 $33,809
Amy Korte
Executive Vice President
$181,828
$133,196 $42,062 $6,570
James Long
Vice President of Government AFF
$170,868
$77,270 $55,955 $37,643
Christopher Andriesen
Vice President, Operations
$169,342
$91,016 $35,395 $42,931
Hilary Yelvington
Senior Vice President
$163,668
$120,014 $37,899 $5,755

Benchmark Employee Compensation

Non-Employee Board Members

Art Margulis
Treasurer
Craig Manske
Director
Ed Bachrach
Vice Chair
John Tillman
Chair
Mark Miller
Secretary
Richard Weiss
Director
Sara Albrecht
Director
Sherry Street
Director

Contractors

Bearing Tree
Administrative Development and Strateg
$1,593,604
Iron Light Inc.
Marketing and Promotion
$963,190
South Riverside Building LLC
Property Management
$548,853
Robert Isham Jr
Consulting
$125,000
Personalized Marketing Solutions
Marketing and Promotion
$105,143

Mission Statement

THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING, AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS.

Revisions to this organization profile

November 17, 2025:
2024 Illinois Policy Institute 990 filed
November 15, 2024:
2023 Illinois Policy Institute 990 filed
November 15, 2023:
2022 Illinois Policy Institute 990 filed

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