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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 2022. Filed on November 15, 2023.

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 2022 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 $195,601. The highest compensated employee at Illinois Policy Institute is Matthew Paprocki with fiscal year 2022 compensation of $417,178.

Revenue, expenses, and employee compensation

Revenue

$5,289,743

Expenses

$7,796,504

Employee compensation

$2,078,430
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Matthew Paprocki
President
$417,178
$238,021 $155,752 $23,405
Elizabeth Shydlowski
External Relations Officer
$171,432
$97,048 $64,516 $9,868
Amy Korte
Policy Director
$156,185
$92,892 $57,724 $5,569
Adam Schuster
Vice President
$155,256
$87,794 $57,381 $10,081
James Long
Government Affairs Director
$149,891
$71,228 $57,067 $21,596
Hillary Yelvington
Vice President, Communications
$123,663
$84,067 $34,982 $4,614

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
$1,439,877
Iron Light Inc.
Marketing and Promotion
$892,000
Every Door Direct Media
Marketing
$232,627
Personalized Marketing Communications
Marketing and Promotion
$176,128

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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