2022-05-13T15:32:04-05:00 2021-06-30 990 2020-07-01 362593545 Erikson Institute ERIK 3127552250 451 North LaSalle Street Chicago IL 606544510 Patricia Lawson VP for Finance and Operations & CFO 2022-05-13 Patricia Lawson 999009999 2020 2022-09-23 18:48:47Z Patricia Lawson 451 North LaSalle Street Chicago IL 606544510 46332707 false X www.erikson.edu X 1966 IL Erikson Institute is the premier independent institution of higher education committed to ensuring that all children have equitable opportunities to reach their potential. 31 30 306 197 0 0 12038095 18407896 10521440 10362820 1136376 4284031 10498 45052 23706409 33099799 2917316 2804014 0 16913174 16413631 72523 65000 986306 7659412 6887115 27562425 26169760 -3856016 6930039 79908682 94916051 38853502 34657995 41055180 60258056 Erikson Institute is the premier independent institution of higher education committed to ensuring that all children have equitable opportunities to reach their potential. Recognized for our groundbreaking work in the field of early childhood, we uniquely prepare child development, education, and social work leaders to improve the lives of young children and their families. Our impact and influence is further amplified through our innovative academic programs, applied research, knowledge creation and distribution, direct service, and field-wide advocacy. Because nothing matters more than a child's early years, Erikson Institute educates, inspires, and provides leadership to serve the needs of children and families so that all can achieve optimal education, social, emotional, and physical well-being. false false 11101828 2741073 8049703 ACADEMICS: Through contemporary master's degree, doctoral degree, and graduate certificate programs, Erikson Institute prepares leaders in child development, social work, and early childhood education. We offer the most comprehensive, interdisciplinary understanding of children and families through classes on campus and online. We also offer programs to help professionals who work with children and families hone their skills, learn new techniques, and earn credits to maintain their professional licenses. In fall 2021, our enrollment stood strong at 468 students, with little attrition resulting from the global COVID-19 pandemic. Nearly half (45%) of Erikson's students are Black, Indigenous, and People of Color (BIPOC). As Erikson continues to extend its reach through increased online programming, over a quarter of our students (26%) are from out of state. Upon graduating, Erikson's diverse group of over 3,200 alumni go on to work across Chicago, the nation, and internationally in a range of professions where their unique understanding of child development serves children and families both directly and indirectly in education, service, and leadership roles. 6994886 0 2327250 DIRECT SERVICES: Erikson provides services directly to children and families, as well as consulting and training for the professionals who serve them. In 2021, a total of 319 families were supported by the early childhood mental health and diagnostic services provided by our Center for Children and Families. Over 4,300 service hours were provided to these families sitewide (in Chicago's River North, Little Village, Humboldt Park, and Austin neighborhoods)-1,031 of which were offered pro-bono. Notably, the Center for Children and Families has remained a constant source of mental health support for the youngest children in communities throughout Chicago during the public health crisis. To provide a continuum of care during the pandemic, the Center for Children and Families adopted a HIPAA compliant video conferencing platform, which continues to be a primary means of serving families sitewide as public health conditions remain unstable. Furthermore, our Early Childhood Project with the Illinois Department of Children and Family Services serves over 4,400 families annually across Illinois. Through this project, Erikson developmental specialists serve children in the child-welfare system due to abuse or neglect and help the State in crucial decision-making that affect the lives of children and families. 2506734 62941 0 RESEARCH, POLICY & LEADERSHIP: Erikson conducts research that bridges theory and practice, generating new knowledge that invigorates our academic courses, services, and programs, and improves life for children and families in Chicago and throughout the nation. Research areas include early childhood math, social emotional learning, literacy, home based childcare, home visiting programs, and technology and media for children and families. Using evidenced-based research, Erikson's Early Childhood Leadership Academy (ECLA) provides early childhood and civic leaders with content knowledge to make the most informed decisions about policy setting and resource allocation. Participants have included some of the state's leading policymakers and community stakeholders, such as Illinois Lt. Governor Juliana Stratton. Erikson's Policy and Leadership Department released the second edition of the Risk and Reach Report in July 2021, which features data that provide a comprehensive, county-by-county analysis of Risk factors that undermine optimal child development for the 916,880 children aged 5 and under in Illinois (7.32% of the state's population) and compares them to the Reach of publicly funded programs and services that support early childhood well-being. The Report is a powerful tool for elected officials and community leaders to build a deeper understanding of the circumstances in their communities and develop action plans to better allocate resources, improve policies, and develop stronger systems so young children can reach their fullest potential. 20603448 true true false true false false false false true true true false false true true true false true false true false false true false false false true true true true false false false false false false false true true false true false false false false false false false false true 12 0 true 306 true false false false false false false false false false false false false X 31 30 true false false false false false false true true false false true true true true true true true false false IL X X Patricia Lawson 3127552250 451 N LaSalle Street Chicago IL 606544510 A Kyle Mack Trustee 1.0 X 0 0 0 Adrienne E White-Faines Trustee 1.0 X 0 0 0 Ashley Netzky Trustee 1.0 X 0 0 0 Barbara T Bowman Trustee 40.0 X 106821 0 14136 Brian Parsonnet Trustee 1.0 X 0 0 0 Cari B Sacks Trustee 1.0 X 0 0 0 Catherine M Adduci Trustee 1.0 X 0 0 0 Diane Goldstick Meagher Trustee 1.0 X 0 0 0 Dianne Wasieleski Trustee 1.0 X 0 0 0 Eve M Tyree Trustee 1.0 X 0 0 0 Ikram Goldman Trustee 1.0 X 0 0 0 Jenni Sorenson Trustee 1.0 X 0 0 0 John L Hines Trustee 3.0 X 0 0 0 Joy Segal Trustee 1.0 X 0 0 0 Judy McCaskey Trustee 1.0 X 0 0 0 Kate Neisser Trustee 1.0 X 0 0 0 Kathy Richland Pick Trustee 1.0 X 0 0 0 Lewis S Ingall Trustee 1.0 X 0 0 0 Lori Laser Trustee 1.0 X 0 0 0 Marjorie Poulos Trustee 1.0 X 0 0 0 Michelle L Collins Trustee 1.0 X 0 0 0 Mitchell J Lederer Trustee 1.0 X 0 0 0 Richard A Chesley Trustee 1.0 X 0 0 0 Sabrina Gracias Trustee 1.0 X 0 0 0 Sandra Perez Sterling Trustee 1.0 X 0 0 0 Sara Crown Star Trustee 1.0 X 0 0 0 Sheryl Bellick Trustee 1.0 X 0 0 0 Shirley Madigan Trustee 1.0 X 0 0 0 Steve Gradman Trustee X 0 0 0 Susan Stone Trustee 1.0 X 0 0 0 Edward S Loeb Treasurer 3.0 X 0 0 0 Elenne Song Board Chair 3.0 X 0 0 0 Eric Adelstein Vice Chair and Board Secretary 3.0 X 0 0 0 Geoffrey Nagle President 40.0 X 373943 0 39421 Charles Chang VP of Institutional effectiveness and planning 40.0 X 165972 0 64943 Jie-Qi Chen SR VP & DEAN OF FACULTY 40.0 X 219215 0 101099 Maura Daly Chief External Affairs Officer 40.0 X 248613 0 35074 Patricia Lawson VP for Finance & Operations, Chief Financial Officer 40.0 X 219709 0 56978 David Behrs Senior Associate Vice President of Enrollment Management 40.0 X 164062 0 35134 Gillian McNamee Professor 40.0 X 143264 0 29272 Linda Gilkerson Professor 40.0 X 145742 0 37067 Marcy Safyer Director Center for Children and Families 40.0 X 185654 0 20494 Tonya Bibbs Associate Professor 40.0 X 155013 0 20447 Andrew Safyer Senior Advisor for Academic Initiatives 40.0 X 148452 0 17809 2276460 0 471874 18 true true false 111ORD LLC PO Box 776132 CHICAGO IL 606776132 BUILDING MANAGEMENT 459712 PRESCIENT SOLUTIONS PO Box 5450 CAROL STREAM IL 60194 IT 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23428687 0 2741073 2741073 26169760 Schedule D, Part V, Line 4 Intended uses of endowment funds The Board of Trustees has designated certain amounts of unrestricted revenues to be classified as funds functioning as endowment. The income on these funds will be used to support ongoing operations. As of June 30, 2021, these funds were established for the following purposes: Facilities $6,359,937, General Operations $11,918,463, Scholarships $161,734. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Institute may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Institute and various positions related to the potential sources of unrelated business taxable income. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities during the periods covered by these financial statements. The Institute files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Non-operating Investment income (loss), net - 12753613 Scholarships netted from revenue - 2741073 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships netted from revenue - 2741073 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY The policy is made available in both employee and student handbooks, as well as on the organization's website and in promotional materials used at recruiting events. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT We receive U.S. Department of Education Federal Direct Student Loans and other governmental assistance. Central America and the Caribbean 0 0 Investments N/A 15764880 0 0 0 0 0 0 15764880 0 15764880 true false true true true false X X X X true PJH & Associates Inc 205 W Wacker Drive Chicago IL 606061444 Special event planning - Fundraising for Erikson's Annual Luncheon false 0 65000 -65000 0 65000 -65000 IL Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. PJH & ASSOCIATES, INC.-CONSULTING AGREEMENT; Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses PJH & ASSOCIATES, INC.-PAYMENT FOR PROFESSIONAL FUNDRAISING, EVENT PLANNING AND AND EXECUTION OF ERIKSON'S ANNUAL LUNCHEON.; true SRI International 333 Ravenswood Avenue Menlo Park CA 94025 501(c)(3) 59031 Early math research 1 0 Student Scholarships 504 2741073 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Scholarship funds can be used for tuition, books and living expenses. In general they are applied first to tuition and balances sent to students. It is reviewed every school term and is monitored in compliance with student aid protocols. All payments are monitored and approved by Student Services and Finance before payment is applied or paid to the student. All students receiving scholarships have been selected on a non-discretionary basis. The student loan program is audited every year in compliance with federal single audit standards X X X false false false false false false false false false Geoffrey Nagle President 373943 0 0 0 0 0 19500 0 19921 0 413364 0 0 0 Charles Chang VP of Institutional effectiveness and planning 165972 0 0 0 0 0 25679 0 39264 0 230915 0 0 0 Jie-Qi Chen SR VP & DEAN OF FACULTY 219215 0 0 0 0 0 51581 0 49518 0 320314 0 0 0 Maura Daly Chief External Affairs Officer 248613 0 0 0 0 0 17403 0 17671 0 283687 0 0 0 Patricia Lawson VP for Finance & Operations, Chief Financial Officer 219709 0 0 0 0 0 26000 0 30978 0 276687 0 0 0 Linda Gilkerson Professor 145742 0 0 0 0 0 25744 0 11323 0 182809 0 0 0 Gillian McNamee Professor 143264 0 0 0 0 0 11039 0 18233 0 172536 0 0 0 Marcy Safyer Director Center for Children and Families 88987 0 0 0 96667 0 8984 0 11510 0 206148 0 0 0 David Behrs Senior Associate Vice President of Enrollment Management 164062 0 0 0 0 0 11550 0 23584 0 199196 0 0 0 Tonya Bibbs Associate Professor 155013 0 0 0 0 0 6297 0 14150 0 175460 0 0 0 Andrew Safyer Senior Advisor for Academic Initiatives 83452 0 0 0 65000 0 8538 0 9271 0 166261 0 0 0 A Illinois Finance Authority 861091967 000000000 2017-06-29 30500000 Refund prior issue (12/12/07) false false false A 5500000 30872000 372000 30500000 2009 true false true true A 0.0 A false false true true true true The Northern Trust 20.4 false false false false false A true Schedule K, Part IV, Line 2c (a) Issuer Name: Illinois Finance Authority (a) Issuer Name: Illinois Finance Authority Date the Rebate Computation was Performed: 06/29/2017 Note regarding the rebate computation: Since the bond proceeds have been spent, a spending exception was met, and the debt service fund was operated on a bona fide basis, no further rebate calculations are necessary. Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: Illinois Finance Authority On June 29, 2017, the Institute entered into a bond trust agreement with the Illinois Finance Authority to issue Illinois Finance Authority Revenue Refunding Bonds, Series 2017A and Series 2017B (used to redeem $30,500,000 of outstanding Adjustable Rate Demand Educational Facility Revenue Bonds, Series 2007). The Institute incurred $372,000 of issuance costs which were part of the Total Proceeds of Issue of 30,872,000. Schedule K, Part IV, Line 2c COLUMN A Issuer name: Illinois Finance Authority The calculation for computing no rebate due was performed on 09/14/2017 Barbara Bowman Co-founder and Salaried Board member Reportable compensation false X 3 305013 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - Number of contributors of stock. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons Mitchell Lederer and Cari Sacks - Business relationship, John Hines, Lori Laser - Business relationship, Sabrina Gracias and Kate Neisser - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 was reviewed by the President, Chief Financial Officer and members of the Audit Committee. Lastly it was distributed to Erikson's board members before it was filed with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Form 990 was reviewed by the Interim President and Chief Financial Officer and members of the Audit Committee. Lastly it was distributed to Erikson's board members before it was filed with the IRS. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee is charged with recommending to the board the President's compensation, including salary and benefits. The Executive Committee reviews a compensation survey of similar positions at educational institutions comparable to Erikson, located within the general metropolitan area. The President reviews the compensation of officers and key employees of Erikson. These reviews are conducted annually. Form 990, Part VI, Line 19 Required documents available to the public Erikson Institute makes its governing documents, conflict of interest policy and tax returns available for public inspection upon written request. This inspection takes place at its corporate offices at 451 N LaSalle Street, Chicago, IL. The Financial Statements and Tax Returns are also available the Institute's website at www. erikson.edu Form 990, Part VII, Section A, Line 1a, Column (D) Compensation of Officers, Directors, Trustee Reportable compensation for Barbara T. Bowman represents income earned as a Professor and not as a Trustee of the Organization. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous revenue - Total Revenue: 14133, Related or Exempt Function Revenue: 14133, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Form 990, Part IX, Line 11e Professional Fundraising Services The Fundraising Consultant assisted in the planning, preparation and prospecting associated Erikson's annual fall fundraising event. The Fundraising Consultant did not collect any donations on behalf of Erikson. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Interest rate swap fair value adjustment - 2119604; Schedule K, Part IV, Line 2c Supplemental Information on Tax-Exempt Bonds (A) ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/29/2017 NOTE REGARDING THE REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONAFIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. Schedule K, Part IV, Line 2c Arbitrage ISSUER NAME: ILLINOIS FINANCE AUTHORITY THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 09/14/2017 Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED - NUMBER OF CONTRIBUTORS OF STOCK.