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THE AMERICAN COLLEGE OF PSYCHIATRISTS INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE AMERICAN COLLEGE OF PSYCHIATRISTS INC (EIN 52-6075346)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-09-14
IRS object ID
202212579349301111
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-09-14T11:57:04-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362663358PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PORTE BROWN LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1845 OAKTON STREETAddressLine1Txt
CityELK GROVE VILLAGECityNm
State AbbreviationILStateAbbreviationCd
ZIP60007ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN526075346EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE AMERICAN COLLEGE OF PSYCHIATRISTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAMERBusinessNameControlTxt
Phone3129388840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 E WACKER DR SUITE 1440AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCRAIG SAMUELSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3129388840PhoneNum
Signature2022-08-24SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCRAIGPersonFirstNm
Person LastSAMUELSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMEGAN ANGLEPreparerPersonNm
PTINP00850733PTIN
Phone8479561040PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCRAIG SAMUELSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 E WACKER DR SUITE 1440AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,776,148GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ACPSYCH.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1963FormationYr
Legal Domicile StateDCLegalDomicileStateCd
Activity Or MissionTHE AMERICAN COLLEGE OF PSYCHIATRISTS IS A NOT-FOR-PROFIT HONORARY ASSOCIATION DEDICATED TO PROVIDING CONTINUING EDUCATION TO ITS MEMBERS, PROMOTING THE LATEST ADVANCES IN THE SPECIALTY AND SUPPORTING THE HIGHEST STANDARDS IN PSYCHIATRY.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$273,150PYContributionsGrantsAmt
CY Contributions Grants$244,811CYContributionsGrantsAmt
PY Program Service Revenue$1,811,940PYProgramServiceRevenueAmt
CY Program Service Revenue$1,549,044CYProgramServiceRevenueAmt
PY Investment Income$165,811PYInvestmentIncomeAmt
CY Investment Income$453,718CYInvestmentIncomeAmt
PY Other Revenue$4,095PYOtherRevenueAmt
CY Other Revenue$4,125CYOtherRevenueAmt
PY Total Revenue$2,254,996PYTotalRevenueAmt
CY Total Revenue$2,251,698CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$644,171PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$708,354CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,146,355PYOtherExpensesAmt
CY Other Expenses$856,768CYOtherExpensesAmt
PY Total Expenses$1,790,526PYTotalExpensesAmt
CY Total Expenses$1,565,122CYTotalExpensesAmt
PY Revenues Less Expenses$464,470PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$686,576CYRevenuesLessExpensesAmt
Total Assets BOY$9,840,990TotalAssetsBOYAmt
Total Assets EOY$11,317,373TotalAssetsEOYAmt
Total Liabilities BOY$114,348TotalLiabilitiesBOYAmt
Total Liabilities EOY$336,357TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,726,642NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,981,016NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE AMERICAN COLLEGE OF PSYCHIATRISTS IS A NOT-FOR-PROFIT HONORARY ASSOCIATION DEDICATED TO PROVIDING CONTINUING EDUCATION TO ITS MEMBERS, PROMOTING THE LATEST ADVANCES IN THE SPECIALTY AND SUPPORTING THE HIGHEST STANDARDS IN PSYCHIATRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$723,694ExpenseAmt
Revenue$1,535,197RevenueAmt
DescEXAMINATIONS: THREE DIFFERENT EXAMINATIONS ARE DEVELOPED, ADMINISTERED, OFFERED AND SOLD TO PSYCHIATRIC RESIDENTS AND PRACTITIONERS FOR STUDYING AND EDUCATIONAL PURPOSES. THE PRITE AND CHILD PRITE ARE EXAMS FOR RESIDENTS AND PIPE IS AN EXAM FOR PRACTICING PSYCHIATRISTS. THE OBJECTIVE OF THIS ACTIVITY IS TO PROVIDE CONTINUING EDUCATION TO COLLEGE MEMBERS, PROMOTE THE LATEST ADVANCES IN THE SPECIALTY, AND SUPPORT THE HIGHEST STANDARDS IN PSYCHIATRY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$237,878ExpenseAmt
Revenue$13,847RevenueAmt
DescMEETINGS: INCLUDES COMMITTEES ON SCIENTIFIC PROGRAMS AND LOCAL PLANNING. ALSO INCLUDES AN ANNUAL EDUCATIONAL SEMINAR WHERE MEMBERS AND EXPERTS IN THE FIELD OF PSYCHIATRY PRESENT THE LATEST RESEARCH AND DEVELOPMENTS IN THE PROFESSION. THE OBJECTIVE OF THIS PROGRAM IS TO PROMOTE THE LATEST ADVANCES IN THE SPECIALTY AND SUPPORT THE HIGHEST STANDARDS IN PSYCHIATRIC PRACTICE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$35,320ExpenseAmt
Revenue$4,125RevenueAmt
DescAWARDS: THE COLLEGE ACKNOWLEDGES OUTSTANDING CONTRIBUTIONS TO PSYCHIATRY MADE BY ITS MEMBERS AND BY MENTAL HEALTH PROFESSIONALS WORLDWIDE.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$42,098ExpenseAmt
DescPUBLICATIONS: THE COLLEGE PUBLISHES A NEWSLETTER FOR ITS MEMBERS THREE TIMES PER YEAR (ONE PRINTED ISSUE AND TWO ELECTRONIC ISSUES)Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$42,098TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$1,038,990TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRAIG SAMUELSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3129388840PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 E WACKER DRIVE SUITE 1440AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
LARRY R FAULKNER MD
PRESIDENT-ELECT2.00Yes (X)Yes (X)$0$0$0
JACK W BONNER III MD
ARCHIVIST-HISTORIAN2.00Yes (X)$0$0$0
STEVEN S SHARFSTEIN MD
PAST-PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ROBERT N GOLDEN MD
PAST-PRESIDENT2.00Yes (X)Yes (X)$0$0$0
STEVEN I ALTCHULER MD PHD
MEMBER2.00Yes (X)$0$0$0
CHRISTOPHER R THOMAS MD
MEMBER2.00Yes (X)$0$0$0
EUGENE V BERESIN MD
FIRST VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
CAROL A BERNSTEIN MD
TREASURER2.00Yes (X)Yes (X)$0$0$0
DARRELL G KIRCH MD
MEMBER2.00Yes (X)$0$0$0
GAIL E ROBINSON MD
PAST-PRESIDENT2.00Yes (X)Yes (X)$0$0$0
DONNA M NORRIS MD
MEMBER2.00Yes (X)$0$0$0
LAURA ROBERTS MD MA
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
BARBARA S SCHNEIDMAN MD MPH
SECRETARY-GENERAL2.00Yes (X)Yes (X)$0$0$0
ROBERT J BOLAND MD
MEMBER2.00Yes (X)$0$0$0
SYDNEY ZISOOK MD
MEMBER2.00Yes (X)$0$0$0
GEORGE A KEEPERS MD
SECOND VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
CRAIG SAMUELS
EXECUTIVE DIRECTOR40.00Yes (X)$200,855$0$38,308
FieldValueIRS element (for citing)
Total Reportable Comp From Org$200,855TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$38,308TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PROMETRICBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11501 S CLINTON STAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21224ZIPCd
FieldValueIRS element (for citing)
ServicesTEST CONSULTINGServicesDesc
Compensation$259,750CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
Membership Dues$244,811MembershipDuesAmt
Total Contributions$244,811TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
EXAMINATIONS611600$1,535,197$1,535,197
MEETINGS611430$13,847$13,847
FieldValueIRS element (for citing)
Total Program Service Revenue$1,549,044TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$194,403TotalRevenueColumnAmt
Exclusion$194,403ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$783,765SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$524,450SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$259,315SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$259,315TotalRevenueColumnAmt
Exclusion$259,315ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$4,125TotalRevenueColumnAmt
Related Or Exempt Func Income$4,125RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,125OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,251,698TotalRevenueColumnAmt
Related Or Exempt Func Income$1,553,169RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$453,718ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$239,163TotalAmt
Program Services$142,374ProgramServicesAmt
Management And General$96,789ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$299,948TotalAmt
Program Services$178,559ProgramServicesAmt
Management And General$121,389ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$82,653TotalAmt
Program Services$49,203ProgramServicesAmt
Management And General$33,450ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$54,276TotalAmt
Program Services$32,311ProgramServicesAmt
Management And General$21,965ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$32,314TotalAmt
Program Services$19,237ProgramServicesAmt
Management And General$13,077ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,752TotalAmt
Management And General$9,752ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,365TotalAmt
Management And General$30,365ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$25,853TotalAmt
Management And General$25,853ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$345,608TotalAmt
Program Services$336,593ProgramServicesAmt
Management And General$9,015ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,353TotalAmt
Program Services$1,212ProgramServicesAmt
Management And General$11,141ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$44,514TotalAmt
Program Services$27,208ProgramServicesAmt
Management And General$17,306ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$78,182TotalAmt
Program Services$46,541ProgramServicesAmt
Management And General$31,641ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,361TotalAmt
Management And General$1,361ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$15,504TotalAmt
Management And General$15,504ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
TRAVEL$94,990$80,868$14,122
FOOD AND BEVERAGE$88,353$78,718$9,635
POSTAGE$29,994$13,477$16,517
BANK AND CREDIT CARD FE$28,800$28,800

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$51,139TotalAmt
Program Services$32,689ProgramServicesAmt
Management And General$18,450ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,565,122TotalAmt
Program Services$1,038,990ProgramServicesAmt
Management And General$526,132ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,878,943BOYAmt
EOY$1,373,057EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$151,454BOYAmt
EOY$128,836EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$12,250LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,361LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$10,889EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,794,191BOYAmt
EOY$9,788,189EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$16,402BOYAmt
EOY$16,402EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,840,990BOYAmt
EOY$11,317,373EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$111,632BOYAmt
EOY$164,142EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$2,716BOYAmt
EOY$172,215EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$114,348BOYAmt
EOY$336,357EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,726,642BOYAmt
EOY$10,981,016EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,726,642BOYAmt
EOY$10,981,016EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,840,990BOYAmt
EOY$11,317,373EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$686,576ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$567,798NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$282,930CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$265,509CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$270,736CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$273,150CurrentTaxYearMinus1YearAmt
Current Tax Year$244,811CurrentTaxYearAmt
Total$1,337,136TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,681,650CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,744,353CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,775,601CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,811,940CurrentTaxYearMinus1YearAmt
Current Tax Year$1,549,044CurrentTaxYearAmt
Total$8,562,588TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,964,580CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,009,862CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,046,337CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,085,090CurrentTaxYearMinus1YearAmt
Current Tax Year$1,793,855CurrentTaxYearAmt
Total$9,899,724TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,720CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,370CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,816CurrentTaxYearMinus1YearAmt
Current Tax Year$7,370CurrentTaxYearAmt
Total$61,996TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,720CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,370CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,816CurrentTaxYearMinus1YearAmt
Current Tax Year$7,370CurrentTaxYearAmt
Total$61,996TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$9,837,728PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$634,402CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$216,303CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$177,159CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$165,811CurrentTaxYearMinus1YearAmt
Current Tax Year$192,740CurrentTaxYearAmt
Total$1,386,415TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$634,402CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$216,303CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$177,159CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$165,811CurrentTaxYearMinus1YearAmt
Current Tax Year$192,740CurrentTaxYearAmt
Total$1,386,415TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$239CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,540CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,650CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,095CurrentTaxYearMinus1YearAmt
Current Tax Year$4,125CurrentTaxYearAmt
Total$19,649TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,599,221CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,233,705CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,227,146CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,254,996CurrentTaxYearMinus1YearAmt
Current Tax Year$1,990,720CurrentTaxYearAmt
Total$11,305,788TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.87010PublicSupportCY509Pct
Public Support PY5090.85520PublicSupportPY509Pct
Investment Income CY0.12260InvestmentIncomeCYPct
Investment Income PY0.13710InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$12,250InvestmentCostOrOtherBasisAmt
Depreciation$1,361DepreciationAmt
Book Value$10,889BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,889TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,793,643TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$567,798NetUnrealizedGainsInvstAmt
Revenue Not Reported$567,798RevenueNotReportedAmt
Revenue Subtotal$2,225,845RevenueSubtotalAmt
Investment Expenses Not Incld$25,853InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$25,853RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,251,698TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,539,269TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,539,269ExpensesSubtotalAmt
Investment Expenses Not Incld2$25,853InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$25,853ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,565,122TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS ADOPTED THE PROVISION OF ASC TOPIC 740, INCOME TAXES, RELATING TO THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF ILLINOIS. MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCRAIG SAMUELSPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$200,855BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$38,308DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$239,163TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THE COLLEGE HAS SEVEN CLASSES OF MEMBERSHIP AND SUCH MEMBERS SHALL BE BY INVITATION ONLY. MEMBERS, FELLOWS, CHARTER FELLOWS, FOUNDING FELLOWS, MEMBERS EMERITI, AND FELLOWS EMERITI ALL HAVE VOTING RIGHTS ON ALL MATTERS VOTED ON BY THE MEMBERSHIP. HONORARY FELLOWS DO NOT HAVE VOTING RIGHTS AND ARE NOT CONSIDERED ACTIVE MEMBERS. FELLOWS, CHARTER FELLOWS, AND FOUNDING FELLOWS ARE ALLOWED TO HOLD AN ELECTIVE OFFICE AND BE A MEMBER OF THE BOARD OF REGENTS.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS, FELLOWS, CHARTER FELLOWS, FOUNDING FELLOWS, MEMBERS EMERITI, AND FELLOWS EMERITI ALL HAVE VOTING RIGHTS ON ALL MATTERS VOTED ON BY THE MEMBERSHIP. THE BOARD OF REGENTS IS ELECTED BY THE MEMBERS ENTITLED TO VOTE IN PERSON OR BY PROXY AT THE ANNUAL BUSINESS MEETING OF THE MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7BMEMBERS, FELLOWS, CHARTER FELLOWS, FOUNDING FELLOWS, MEMBERS EMERITI, AND FELLOWS EMERITI ALL HAVE VOTING RIGHTS ON ALL MATTERS VOTED ON BY THE MEMBERSHIP. VOTING CONSISTS OF THE ELECTION OFFICERS AND BYLAWS CHANGES. AN ANNUAL MEETING IS HELD EVERY YEAR AT WHICH THERE IS A BUSINESS MEETING OF THE MEMBERSHIP WHO ARE ENTITLED TO VOTE ON MATTERS BEFORE THE MEMBERSHIP IN ACCORDANCE WITH THE BYLAWS. THE MEMBERSHIP ELECTS THE MEMBERS OF THE BOARD OF REGENTS WHO ARE AUTHORIZED TO MAKE DECISIONS ON BEHALF OF THE MEMBERSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD DESIGNATED THE EXECUTIVE DIRECTOR TO PERFORM AN INITIAL REVIEW OF THE FORM 990. AFTER WHICH IT IS PROVIDED TO THE BOARD OF REGENTS FOR REVIEW AND A FORUM IS PROVIDED TO COMMENT AND ASK QUESTIONS VIA EMAIL BEFORE THE FORM IS FILED. THE BOARD OF REGENTS WILL CONVENE ON A CONFERENCE CALL IF DEEMED NECESSARY.
FORM 990, PART VI, SECTION B, LINE 12CAT THE BEGINNING OF THE ANNUAL MEETING OF THE BOARD OF REGENTS, THE EXECUTIVE DIRECTOR DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND EACH MEMBER REVIEWS AND COMPLETES A STATEMENT WHICH IS SUBMITTED BACK TO THE EXECUTIVE DIRECTOR. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES IF AT ANY TIME THEY DETERMINE AN ISSUE FOR DISCUSSION OR VOTE IS A POTENTIAL CONFLICT OF INTEREST FOR THE MEMBER TO PARTICIPATE.
FORM 990, PART VI, SECTION B, LINE 15ATHE PERSONNEL SUB-COMMITTEE MEETS ANNUALLY NEAR THE ANNIVERSARY DATE OF THE EXECUTIVE DIRECTOR'S EMPLOYMENT AND DISCUSSES THE EXECUTIVE DIRECTOR'S PERFORMANCE AND POTENTIAL FUTURE SALARY INCREASES. THE SUB-COMMITTEE UTILIZES COMPARABLE DATA TO ASSIST IN DETERMINING THE SALARY OF THE EXECUTIVE DIRECTOR. THE SALARY IS SET BY CONTRACT AND ALLOWS FOR ANNUAL INCREASES AT THE DISCRETION OF THE COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING AND OTHER SIGNIFICANT DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S OFFICE AT 111 E. WACKER DR. #1440, CHICAGO, IL 60601.
FORM 990, PART IX, LINE 11GPROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 53,175. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 53,175. PROFESSIONAL SERVICES & CONSULT: PROGRAM SERVICE EXPENSES 283,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 283,418. ACCREDITATION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,900. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,900. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,115. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,115.