Mission
ILLINOIS HOTEL & LODGING ASSOCIATION EDUCATIONAL FOUNDATION (IHLAEF) IS DEDICATED TO MENTORING FUTURE HOTEL EMPLOYEES AND PROVIDING CONTINUING EDUCATION FOR CURRENT HOSPITALITY INDUSTRY EMPLOYEES.
Public Charity
ILLINOIS HOTEL & LODGING EDUCATIONAL FOUNDATION
ILLINOIS HOTEL & LODGING EDUCATIONAL FOUNDATION is a nonprofit organization categorized as Public Charity based in CHICAGO, IL. Its most recent IRS filing (2024) reports revenue of $159K, expenses of $86K, total assets of $494K. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $94K.
EIN: 363809567
CHICAGO, IL
Scholarships & Student Financial Aid
NTEE: B82
Latest filing: 2024
Total Revenue$159K
Total Expenses$86K
Total Assets$494K
Grant Records5
Funding Total$94K
Filing Years2020–2024
Where $100 goes at Illinois Hotel & Lodging Educational Foundation
How Illinois Hotel & Lodging Educational Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$94
The illinois hotel & lodging association educational foundation (ihlaef) is the not-for-profit, 501(c)(3) educational arm of the illinois hotel & lodging association (ihla)
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL ASSISTANCE
$46,603
Contribution
$14,488
CHARITABLE CONTRIBUTION
$10,000
Contribution
$12,521
CHARITABLE CONTRIBUTION
$10,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
DIRECTOR
Andrew Schwebel
SECRETARY/TREASURER
Iris Junge
DIRECTOR
Konstantine Drosos
DIRECTOR
Lan Li
DIRECTOR
Marc J Gordon
PRESIDENT & CEO/DIRECTOR
Michael Jacobson
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $159K | $86K | $494K |
| 2023 | $84K | $73K | $407K |
| 2022 | $40K | $34K | $378K |
| 2021 | $72K | $36K | $393K |
| 2020 | $29K | $54K | $345K |
Between 2020 and 2024, reported annual revenue grew from $29K to $159K (+450%), with total assets most recently reported at $494K.
Interactive year-over-year charts and full filing details available with membership.