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UNIVERSITY OF CHICAGO SELF INSURANCE TRUST: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
UNIVERSITY OF CHICAGO SELF INSURANCE TRUST (EIN 36-3020034)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-12
IRS object ID
202341329349307889
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)
Return2023-05-12T20:42:24+00:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363020034EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1University of Chicago Self Insurance TrustBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlUNIVBusinessNameControlTxt
Phone7737021941PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16054 S Drexel AvenueAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60637ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJEE HE KIMPersonNm
Person TitleASSOCIATE VP FOR FINANCEPersonTitleTxt
Phone7738345819PhoneNum
Signature2023-05-12SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJEE HEPersonFirstNm
Person LastKimPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1MARYFRANCES MCCOURTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line16054 S Drexel AvenueAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60637ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$16,607,158GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1979FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionA SELF INSURANCE PROGRAM FOR THE PURPOSE OF SETTLING HEALTH CARE PATIENT CLAIMS ASSERTING PROFESSIONAL NEGLIGENCE AGAINST THE UNIVERSITY OF CHICAGO, THE UNIVERSITY OF CHICAGO MEDICAL CENTER, THEIR EMPLOYEES AND AGENTS.ActivityOrMissionDesc
Voting Members Governing Body0VotingMembersGoverningBodyCnt
Voting Members Independent0VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$20,466,633PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$18,371,002PYInvestmentIncomeAmt
CY Investment Income$16,607,158CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$38,837,635PYTotalRevenueAmt
CY Total Revenue$16,607,158CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$54,682,827PYOtherExpensesAmt
CY Other Expenses$53,799,187CYOtherExpensesAmt
PY Total Expenses$54,682,827PYTotalExpensesAmt
CY Total Expenses$53,799,187CYTotalExpensesAmt
PY Revenues Less Expenses-$15,845,192PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$37,192,029CYRevenuesLessExpensesAmt
Total Assets BOY$366,096,537TotalAssetsBOYAmt
Total Assets EOY$330,604,260TotalAssetsEOYAmt
Total Liabilities BOY$220,104,142TotalLiabilitiesBOYAmt
Total Liabilities EOY$271,044,399TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$145,992,395NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$59,559,861NetAssetsOrFundBalancesEOYAmt
MissionA SELF INSURANCE PROGRAM FOR THE PURPOSE OF SETTLING HEALTH CARE PATIENT CLAIMS ASSERTING PROFESSIONAL NEGLIGENCE AGAINST THE UNIVERSITY OF CHICAGO, THE UNIVERSITY OF CHICAGO MEDICAL CENTER, THEIR EMPLOYEES AND AGENTS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$53,799,187ExpenseAmt
Revenue$0RevenueAmt
DescPAYMENTS FROM THE TRUST FOR SETTLING HEALTH CARE CLAIMS ASSERTING PROFESSIONAL NEGLIGENCE. OTHER PROGRAM SERVICE IF DONE DURING THE YEAR: EXCESS INSURANCE PREMIUMS FOR CLAIMS EXCEEDING THE SELF-INSURED RETENTION. MISCELLANEOUS EXPENSES RELATED TO THE PROGRAM FOR ACTUARIAL SERVICES AND OTHER MISCELLANEOUS EXPENSES.Desc
Total Program Service Expenses$53,799,187TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members0GoverningBodyVotingMembersCnt
Independent Voting Member0IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesfalseMinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JEE HE KIMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7738345819PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16054 S DREXEL AVENUEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60637ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1University of ChicagoBusinessNameLine1Txt
FieldValueIRS element (for citing)
TitleInstitutional TrusteeTitleTxt
Average Hours Per Week0.0AverageHoursPerWeekRt
Institutional TrusteeYes (X)InstitutionalTrusteeInd
Reportable Comp From Org$0ReportableCompFromOrgAmt
Reportable Comp From Rltd Org$0ReportableCompFromRltdOrgAmt
Other Compensation$0OtherCompensationAmt
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SOMMERS SCHWARTZ PC
1 Towne Square 1700SouthfieldMI48076legal fees$8,539,810
LEVIN & PERCONTI LLP
325 N La Salle Dr Suite 300ChicagoIL60654legal fees$4,250,000
BRENNAN BURTKER LLC
20 N Clark St 1800ChicagoIL60602legal fees$1,726,578
NORTON ROSE FULBRIGHT US LLP
1045 W Fulton MarketChicagoIL60607legal fees$1,159,489
BARTLIT BECK HERMAN PALENCHAR
54 W Hubbard St 300ChicagoIL60654legal fees$1,104,677
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
Total Contributions$0TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,602,172TotalRevenueColumnAmt
Exclusion$16,602,172ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$4,986OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$4,986OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,986TotalRevenueColumnAmt
Exclusion$4,986ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,607,158TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$16,607,158ExclusionAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,398,912TotalAmt
Program Services$4,398,912ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$17,231TotalAmt
Program Services$17,231ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,106,136TotalAmt
Program Services$10,106,136ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CLAIMS PAID$13,101,860$13,101,860
ACTUARIAL ADJUSTMENT-$85,957,507-$85,957,507
MISC$112,132,555$112,132,555

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$53,799,187TotalAmt
Program Services$53,799,187ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$116,021,692BOYAmt
EOY$86,195,037EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$250,074,845BOYAmt
EOY$244,409,223EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$366,096,537BOYAmt
EOY$330,604,260EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$220,104,142BOYAmt
EOY$271,044,399EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$220,104,142BOYAmt
EOY$271,044,399EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$145,992,395BOYAmt
EOY$59,559,861EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$145,992,395BOYAmt
EOY$59,559,861EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$366,096,537BOYAmt
EOY$330,604,260EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$37,192,029ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$49,240,505NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF CHICAGOBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN362177139EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456falseSupportedOrgSectionC456Ind
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (true)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgfalseOperateBenefitNonSuprtOrgInd

Schedule D IRS990ScheduleD

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CLOSELY HELD EQUITIES$89,600,729F
FIXED INCOME$20,502,681F
REAL ASSETS AND ABSOLUTE RET$114,828,197F
PRIVATE DEBT$13,653,476F
CASH EQUIVALENTS$5,824,140F
FieldValueIRS element (for citing)
Total Book Value Securities$244,409,223TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACTUARIALLY DETERMINED LIABILITY$239,308,000
ADVANCE CONTRIBUTION$31,736,399
FieldValueIRS element (for citing)
Total Liability$271,044,399TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 12a PART VI, LINE 12THE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST DOES NOT HAVE OFFICERS OR INDIVIDUAL TRUSTEES. THE UNIVERSITY OF CHICAGO IS THE INSTITUTIONAL TRUSTEE OF THE SELF INSURANCE TRUST. THE UNIVERSITY OF CHICAGO HAS A WRITTEN CONFLICT OF INTEREST POLICY AND THE OFFICERS AND TRUSTEES OF THE UNIVERSITY ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST QUESTIONNAIRES, WHICH INCLUDE ALL RELATED ORGANIZATIONS INCLUDING THE SELF INSURANCE TRUST.
Form 990, Part VI, Line 13 PART VI, LINE 13THE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST DOES NOT HAVE ANY EMPLOYEES. THE UNIVERSITY OF CHICAGO, THE INSTITUTIONAL TRUSTEE, HAS A WRITTEN WHISTLEBLOWER POLICY.
Form 990, Part VI, Line 14 PART VI, LINE 14THE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST DOES NOT HAVE A WRITTEN DOCUMENT RETENTION POLICY. THE UNIVERSITY OF CHICAGO, THE INSTITUTIONAL TRUSTEE, DOES HAVE A WRITTEN DOCUMENT RETENTION POLICY.
Form 990, Part VI, Line 15 PART VI, LINE 15THE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST DOES NOT HAVE ANY EMPLOYEES. THE UNIVERSITY OF CHICAGO IS THE INSTITUTIONAL TRUSTEE. THE UNIVERSITY OF CHICAGO DOES HAVE A PROCESS TO REVIEW AND APPROVE THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY.
Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing bodyTHE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST IS A TRUST TO SETTLE HEALTH CARE CLAIMS ASSERTED BY PATIENTS CLAIMING PROFESSIONAL NEGLIGENCE. THE SELF INSURANCE TRUST DOES NOT HAVE ITS OWN GOVERNING BOARD. THE UNIVERSITY OF CHICAGO IS THE SOLE INSTITUTIONAL TRUSTEE. THE UNIVERSITY OF CHICAGO HAS A GOVERNING BODY AND DOCUMENTED MEETINGS.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyPRIOR TO FILING THE FORM 990, THE DRAFT TAX RETURN WAS PROVIDED TO THE VICE PRESIDENT FOR ADMINISTRATION AND CFO AND TO THE VICE PRESIDENT AND GENERAL COUNSEL OF THE UNIVERSITY OF CHICAGO. THE UNIVERSITY OF CHICAGO IS THE INSTITUTIONAL TRUSTEE OF THE SELF INSURANCE TRUST.
Form 990, Part VI, Line 19 Required documents available to the publicTHE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST'S GOVERNING DOCUMENTS WOULD BE AVAILABLE UPON REQUEST AT THE UNIVERSITY OF CHICAGO. THE SELF INSURANCE TRUST DOES NOT PREPARE AUDITED FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (28 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
UNIVERSITY OF CHICAGO
5801 S ELLIS AVENUECHICAGOIL60637362177139EDUCATION & RESEARCHIL501(c)(3)N/Afalse
ARCH DEVELOPMENT CORPORATION
5555 S WOODLAWN AVENUECHICAGOIL60637363485244TECH TRANSFERIL501(c)(3)falseType IUNIV OF CHICAGO
ASIAN HEALTH COALITION
180 W WASHINGTON ST SUITE 1000CHICAGOIL60602311607193HEALTHCARE ACCESSIBILITYIL501(c)(3)false10UNIV OF CHICAGO
CHAPIN HALL CENTER FOR CHILDREN
1313 E 60TH STREETCHICAGOIL60637362167012POLICY RESEARCH CENTERIL501(c)(3)N/Afalse7
CHICAGO HOME FOR THE INCURABLES
5801 S ELLIS AVENUECHICAGOIL60637362169138SUPP RESEARCHIL501(c)(3)falseType IUNIV OF CHICAGO
CHICAGO TUMOR INSTITUTE
5801 S ELLIS AVENUECHICAGOIL60637237136019SUPP RESEARCHIL501(c)(3)falseType IUNIV OF CHICAGO
COURT THEATRE FUND
5535 S ELLIS AVENUECHICAGOIL60637363203660SUPP THE ARTSIL501(c)(3)falseType IUNIV OF CHICAGO
FERMI RESEARCH ALLIANCE LLC
PO BOX 500BATAVIAIL60510571239010MANAGE LABIL501(c)(3)N/Afalse7
HYMEN MILGROM SUPPORTING ORGANIZATION
33 N LASALLE ST SUITE 2131CHICAGOIL60602466789522SUPP EDUCATION RESEARCHVA501(c)(3)N/AfalseType III-O
LAKE PARK ASSOCIATES
5801 S ELLIS AVENUECHICAGOIL60637366111317PROPERTY HOLDINGIL501(c)(2)falseUNIV OF CHICAGO
NATIONAL OPINION RESEARCH CENTER
55 E MONROE AVENUECHICAGOIL60603362167808SO SCI SURVEYSIL501(c)(3)N/Afalse7
THE JOHN CRERAR FOUNDATION
5730 S ELLIS AVENUECHICAGOIL60637363155157SUPPORT THE LIBRARYIL501(c)(3)N/AfalseType III-O
THE MARINE BIOLOGICAL LABORATORY
7 MBL STREETWOODS HOLEMA02543042104690RESEARCH AND EDUCATIONMA501(c)(3)false7UNIV OF CHICAGO
THE QUADRANGLE CLUB
5801 S ELLIS AVENUECHICAGOIL60637361655190SOCIAL CLUBIL501(c)(7)falseUNIV OF CHICAGO
UCHICAGO RESEARCH BANGLADESH LTD
RESEARCHfalseUCHGO RSCH INTLBG
UCHICAGO RESEARCH INTERNATIONAL LTD
5801 S ELLIS AVENUECHICAGOIL60637262741573RESEARCHIL501(c)(3)falseType IUNIV OF CHICAGO
UNIV OF CHGO BOOTH SCHL OF BUSINESS
EDUCATIONfalseUNIV OF CHICAGOUK
UNIV OF CHGO BOOTH SCHL OF BUSINESS
EDUCATIONfalseUNIV OF CHICAGOSN
UNIV OF CHGO FOUNDATION IN HONG KONG LTD
FUNDRAISINGfalseUNIV OF CHICAGOHK
UNIVERSITY OF CHICAGO CANCER RESEARCH Foundation
5801 S ELLIS AVENUECHICAGOIL60637366056201SUPP RESEARCHIL501(c)(3)falseType IUNIV OF CHICAGO
UNIVERSITY OF CHICAGO CENTER IN PARIS
EDUCATIONfalseUNIV OF CHICAGOFR
UNIVERSITY OF CHICAGO CLOISTERS CLUB
1212 E 59TH STREETCHICAGOIL60637SOCIAL CLUBILfalseUNIV OF CHICAGO
UNIVERSITY OF CHICAGO PROPERTY HOLDING CORP
5801 S ELLIS AVENUECHICAGOIL60637366108743PROPERTY HOLDINGIL501(c)(2)falseUNIV OF CHICAGO
UNIV OF CHICAGO CHARTER SCHOOL CORP
5801 S ELLIS AVENUECHICAGOIL60637364225812EDUCATIONIL501(c)(3)false2UNIV OF CHICAGO
UNIVERSITY OF CHICAGO RETIREE MEDICAL TRUST
5801 S ELLIS AVENUECHICAGOIL60637363999692MEDICAL TRUSTIL501(c)(3)falseType IUNIV OF CHICAGO
UNIVERSITY OF CHICAGO MEDICAL CTR
5841 S MARYLAND AVENUECHICAGOIL60637363488183HOSPITALIL501(c)(3)false3UNIV OF CHICAGO
UNIVERSITY OF CHICAGO TRUST (INDIA)
FUNDRAISINGfalseUNIV OF CHICAGOINL-9 east wing raheja towers mg rBANGALOREkarnatakaIN560001
UCM COMMUNITY HEALTH & HOSPITAL DIVISION INC
208 SOUTH LASALLE STREETCHICAGOIL60604363181170PROMOTE HEALTHY COMMUNITIES & HEALTHCARE SERVICESIL501(c)(3)falseType IIUNIV OF CHICAGO MEDICAL CENTER

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCd
UCHICAGO (BEIJING) CONSULTING COMPANY LTD CHINA
CONSULTINGCHUNIVERSITY OF CHICAGOfalse
UCHICAGO CENTER IN INDIA PRIVATE LIMITED
CONSULTINGINUNIVERSITY OF CHICAGOfalse
SC CURRICULUM INC
SCIENCE CURRICULUMUNIVERSITY OF CHICAGOfalse70 WEST MADISON STCHICAGOIL60603IL
PHOENIX OVERLAY FUND LTD
INVESTINGCJUNIVERSITY OF CHICAGOfalse401 N MICHIGAN AVENUECHICAGOIL60611
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part I SCHEDULE R, PART IFormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OF CHICAGO SELF INSURANCE TRUST IS A RELATED ORGANIZATION OF THE UNIVERSITY OF CHICAGO, A 501(C)(3) ORGANIZATION. FOR PURPOSES OF completeness, THE FOLLOWING INFORMATION IS PROVIDED: THE RELATED ORGANIZATIONS LISTED BELOW ARE DISREGARDED ENTITIES OF THE UNIVERSITY OF CHICAGO: UCHICAGO ARGONNE LLC -68-0628477; 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: MANAGE LAB; LEGAL DOMICILE: ILLINOIS UNIVERSITY OF CHICAGO FOUNDATION LTD - 98-0525557; 5TH FL ALDER CASTLE, 10 NOBLE, LONDON, UNITED KINGDOM PRIMARY ACTIVITY: FUNDRAISING; LEGAL DOMICILE: UNITED KINGDOM THEORY AND COMPUTING SCIENCES BUILDING TRUST - 51-6596577; 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: RESEARCH BUILDING; LEGAL DOMICILE: ILLINOIS UCHICAGO TRADING - 30-0517735, 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: INVESTING; LEGAL DOMICILE: ILLINOIS MAROON INVESTMENTS LLC - 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: HOLDING COMPANY; LEGAL DOMICILE: DELAWARE UCHICAGO IMPACT LLC - 61-1682394; 1307 E. 60TH STREET, CHICAGO, IL 60637 PRIMARY ACTIVITY: EDUCATION; LEGAL DOMICILE: ILLINOIS Harper Court Holdings, LLC - 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: HOLDING COMPANY: LEGAL DOMICILE: ILLINOIS LPA MANAGEMENT LLC - 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: PROPERTY MANAGEMENT: LEGAL DOMICILE: ILLINOIS 6014 Cottage Grove LPA Holdings LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Property Holding Company Legal Domicile: Illinois Center for Research in Securities Prices LLC - 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Securities Research and Data Legal Domicile: Illinois Harper Court Holdings 2, LLC- 5801 S. Ellis Avenue, Chicago, IL 60637 Primary Activity: Holding Company Legal Domicile: Illinois FOR PURPOSES OF COMPLETENESS, PLEASE NOTE THE FOLLOWING: THE ENTITIES LISTED BELOW ARE DISREGARDED ENTITIES OF THE UNIVERSITY OF CHICAGO MEDICAL CENTER: UCMC COMMUNITY PHYSICIANS LLC, 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 38-3865637; PRIMARY ACTIVITY: PHYSICIAN SERVICES; LEGAL DOMICILE: ILLINOIS UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK LLC, 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 47-4222269; PRIMARY ACTIVITY: HEALTHCARE; LEGAL DOMICILE: ILLINOIS UCM GLOBAL LLC, 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 32-0579811; PRIMARY ACTIVITY: INTERNATIONAL MEDICAL CONSULTING; LEGAL DOMICILE: ILLINOIS ALSO NOTE: THE UNIVERSITY OF CHICAGO MEDICAL CENTER IS A LESS THAN 50% MEMBER IN A JOINT VENTURE WITH UCMC/SCH ONCOLOGY JV LLC, A TAX EXEMPT ENTITY, 1850 SILVER CROSS BLVD, NEW LENOX, IL 60451, EIN: 32-2436795 AND THE UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK, LLC, A DISREGARDED ENTITY OF THE UNIVERSITY OF CHICAGO MEDICAL CENTER, IS THE SOLE MEMBER OF THE FOLLOWING RELATED ENTITIES: UCM CARE NETWORK MEDICAL GROUP INC. 5841 S. MARYLAND AVE., CHICAGO, IL 60637 EIN: 47-4221241; PRIMARY ACTIVITY: HEALTHCARE; LEGAL DOMICILE: ILLINOIS UNIVERSITY OF CHICAGO MEDICINE CARE NETWORK AFFILIATED PHYSICIANS LLC, 5841 S. MARYLAND, CHICAGO, IL 60637, EIN: 47-4233918; PRIMARY ACTIVITY: HEALTHCARE; LEGAL DOMICILE: ILLINOIS THE FOLLOWING ENTITY IS A DISREGARDED ENTITY OF UCHICAGO RESEARCH INTERNATIONAL, A RELATED ENTITY: UCHICAGO RESEARCH BANGLADESH LLC, 5801 S. ELLIS AVENUE, CHICAGO, IL 60637 PRIMARY ACTIVITY: SUPPORT RESEARCH; LEGAL DOMICILE: ILLINOISExplanationTxt