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Iff

Chicago, IL · EIN 36-3656836 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2025 (tax year 2025) · View the filing · Correct or respond

Iff reported $62.5 million in revenue and $61.5 million in expenses for calendar year 2025. Of every $100 it spent, $92.57 went to program services, $6.53 to management and general costs and $0.90 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 77.7% of the total. The highest compensation it reported for one person was $929,593 (CEO). 68 people received more than $100,000 in reportable compensation. Revenue rose 46% between 2019 and 2025. Source: Form 990, 2025.

Where $100 of spending went

Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $62M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2025 · Form 990, Part VIII · total revenue $63M

The 990 scorecard · same measures for every charity, no grades

2025 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2025Median
Program services
Part IX 25(B) ÷ 25(A)
92.6%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
6.5%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.9%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
13.5%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
2.4%14.9%
Program service revenue share
Part VIII 2g ÷ 12
77.7%11.9%
Highest reported compensation
Part VII-A, columns D–F
$929,593$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.51%1.49%
People paid over $100,000
Part VII, line 2
685
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
37.79.2
Independent voting board members
Part VI 1a–1b
12 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2025 · Form 990, Part III · the three largest programs by expense
$29M expenses · 50.9% of program spending · grants $392K · revenue $42M

Capital Solutions: This program makes affordable loans to nonprofit agencies. Since 1990, the total loan volume reached over $1.96 billion which includes 2,485 loans closed that has leveraged over $6.98 billion in capital. Since 1990, these loans to over 1,372 nonprofits have assisted with the renovation or construction of 44.56 million square feet and created 18,949 child care slots, 160,748 student seats, 864,716 new patients/visits at health care clinics, 23,199 affordable and supportive/special needs housing units, and 4,695 beds. In addition, the loans have helped to employ 94,307 full…

$8.6M expenses · 15.1% of program spending · grants $297K · revenue $3.2M

Community Development Solutions: IFF has worked to strengthen nonprofits and their communities through our expertise in finance, real estate planning and development, and research. IFF will work with local and state government, nonprofit agencies, foundations, and other community groups to help achieve their community development goals by assessing community conditions by analyzing demographic data and trends, inventorying existing community assets, and identifying gaps. IFF also evaluates housing, human services, education, health care, investments, and job environments to provide a…

$8.0M expenses · 14.0% of program spending · grants $76,038 · revenue $2.8M

Real Estate Solutions: This program helps nonprofits make better real estate and space decisions to support growth planning, program changes, and financial and organizational capacity. The goals and objectives of each nonprofit client determine IFF's scope of consulting services, from advising on real estate strategies to solving specific need for additional or new space. Clients choose from a comprehensive menu of fully integrated services based on a proposal tailored to specific needs, all at below market fees. Services provided include feasibility assessments, facilities assessments…

$11M all other programs (line 4d)

Highest reported compensation

2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Director/trustee, officer, 40.00 hrs/week
$906,136$0$23,457$929,593
CFO & Asst. Secretary until 11/10/25
Officer, 40.00 hrs/week
$447,665$0$43,267$490,932
President, Core Business Solutions
Officer, 39.00 hrs/week
$359,282$0$29,948$389,230
President, Social Impact Accelerator
Officer, 40.00 hrs/week
$271,926$0$36,322$308,248
Chief of Staff
Highest compensated employee, 40.00 hrs/week
$251,339$0$30,063$281,402
SVP Cap. Sol., Chief Lending Officer
Highest compensated employee, 40.00 hrs/week
$248,247$0$22,885$271,132
Exec. Director - Eastern Regiom
Highest compensated employee, 40.00 hrs/week
$212,754$0$46,298$259,052
Exec. Director - Chicago Region
Highest compensated employee, 40.00 hrs/week
$234,251$0$15,798$250,049

68 people received more than $100,000 in reportable compensation from Iff (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.2M (Part IX, line 5).

7 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M2019202020212022202320242025$63M$62M
FilingRevenueExpensesProgramsNet assetsTop pay
2025 ⓘ$63M$62M92.6%$193M$929,593
2024 ⓘ$135M$73M95.3%$198M$396,960
2023 ⓘ$103M$96M97.1%$148M$378,017
2022 ⓘ$64M$60M95.5%$145M$368,434
2021 ⓘ$82M$61M95.5%$144M$346,646
2020 ⓘ$67M$49M94.9%$123M$341,613
2019 ⓘ$43M$40M94.0%$105M$315,824

Governance answers, as filed

2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5188
  • Volunteers Part I, line 648

Largest outside contractors

2025 · Form 990, Part VII, Section B · businesses only
The Bridgespan Group Inc
Strategic Plan Consultants
$531,061
Business Enterprise Mapping
Process Improvement Consultants
$254,000
Mastercard International
Data Information
$187,500
Wipfli LLP
IT/Software Consulting
$180,396

Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Iff totaling $5.3M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Iff's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Iff, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in Illinois

Questions people ask

How much of Iff's spending goes to programs?

In calendar year 2025, Iff reported that 92.6% of its $61.5 million in expenses went to program services, 6.5% to management and general and 0.9% to fundraising (Form 990, Part IX).

How much does Iff pay its top executive?

The largest total compensation Iff reported for one person in calendar year 2025 was $929,593, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Iff get its money?

Of $62.5 million in revenue in calendar year 2025, 13.5% came from contributions and grants (including 2.4% from government grants) and 77.7% from program service revenue (Form 990, Part VIII).

Is Iff a registered charity?

The IRS lists EIN 36-3656836 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2025: Form 990 for calendar year 2025, object 202602339349301370 · read the filing
  • 2024: Form 990 for calendar year 2024, object 202522319349301322 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202402299349301950 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202322339349300322 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202222349349301252 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112309349300121 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032329349300918 · read the filing

All filings for EIN 36-3656836: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.