ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
Tax period: 2020-06-01 to 2021-05-31
Filed: 2022-04-12
IRS object ID: 202231029349300328
Schema version: 2020v4.0
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
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-04-12T14:00:19-05:00	ReturnTs
Tax Period End	2021-05-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 West Wacker Drive Suite 2600	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606061224	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362170136	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Illinois Institute of Technology	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ILLI	BusinessNameControlTxt
Phone	3125675850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3424 SOUTH STATE STREET TC-4 FL	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Kenneth Johnston	PersonNm
Person Title	Deputy Controller	PersonTitleTxt
Signature	2022-04-12	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Kenneth	PersonFirstNm
Person Last	Johnston	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	NICOLE BENCIK	PreparerPersonNm
PTIN	P00756195	PTIN
Phone	3128997000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Raj Echambadi	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	SUITE 1900 10 W 35TH STREET	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$908,880,794	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.IIT.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	ActivityOrMissionDesc
Voting Members Governing Body	70	VotingMembersGoverningBodyCnt
Voting Members Independent	69	VotingMembersIndependentCnt
Total Employee	3459	TotalEmployeeCnt
Total Volunteers	91	TotalVolunteersCnt
Total Gross UBI	$1,918	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$111,293,482	PYContributionsGrantsAmt
CY Contributions Grants	$76,594,323	CYContributionsGrantsAmt
PY Program Service Revenue	$283,190,767	PYProgramServiceRevenueAmt
CY Program Service Revenue	$278,867,403	CYProgramServiceRevenueAmt
PY Investment Income	$15,133,129	PYInvestmentIncomeAmt
CY Investment Income	$40,280,660	CYInvestmentIncomeAmt
PY Other Revenue	$849,474	PYOtherRevenueAmt
CY Other Revenue	$822,799	CYOtherRevenueAmt
PY Total Revenue	$410,466,852	PYTotalRevenueAmt
CY Total Revenue	$396,565,185	CYTotalRevenueAmt
PY Grants And Similar Paid	$129,709,267	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$135,498,995	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$148,781,015	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$142,778,358	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$76,422	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$217,062	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$7,194,275	CYTotalFundraisingExpenseAmt
PY Other Expenses	$90,645,881	PYOtherExpensesAmt
CY Other Expenses	$100,149,343	CYOtherExpensesAmt
PY Total Expenses	$369,212,585	PYTotalExpensesAmt
CY Total Expenses	$378,643,758	CYTotalExpensesAmt
PY Revenues Less Expenses	$41,254,267	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$17,921,427	CYRevenuesLessExpensesAmt
Total Assets BOY	$667,676,047	TotalAssetsBOYAmt
Total Assets EOY	$730,458,628	TotalAssetsEOYAmt
Total Liabilities BOY	$248,614,584	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$263,425,341	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$419,061,463	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$467,033,287	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$223,439,051	ExpenseAmt
Grant	$135,498,995	GrantAmt
Revenue	$201,756,674	RevenueAmt
Desc	INSTRUCTION SUPPORT:- Illinois Institute of Technology's (IIT) seven colleges allow students to discover new frontiers in engineering, computing, architecture, business, law, design, and science and human sciences. The school's nationally ranked undergraduate and graduate programs offer exceptional teaching that combines hands-on learning with training in entrepreneurship, design thinking, and technology. The University's emphasis on collaboration and interdisciplinary study and research will prepare students to work across traditional boundaries and to experience a professional future where success knows no limits. Since 1995, the University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle real-world problems, often on behalf of companies and nonprofits that sponsor the projects, using design-centered methodology and innovative thinking. A required academic program, IPRO teaches leadership, creativity, teamwork, design thinking, and project management to prepare students to succeed in a professional work environment. IPRO student teams have explored a range of ambitious topics. These include developing a platform for safe drug disposal, designing a functional retail building that produces as much energy as it uses over the course of a year: net-zero energy, harvesting condensate from HVAC systems to create drinking water for humans, and hundreds more. Every idea needs fuel to be successful. IIT's Idea Shop helps to ignite ideas with cutting-edge tools to enable students to transform their designs, products, and inventions into reality. In this state-of-the-art, rapid-prototyping lab, full-time staff and a diverse group of student workers advise users on equipment use, mechanical and electrical design, embedded systems programming, and much more. As a campus wide resource, students can use the Idea Shop for a class, research project, or their own personal endeavor. Under the College of Architecture is the university's award-winning Design/Build studios that allow students to design and construct full-scale buildings, fulfilling the notion of a "hands-on" education. The projects are entirely designed and built by architecture students at the Illinois Institute of Technology's College of Architecture. These projects are located all over the world. From Chicago, to Germany, to Ghana, to Indonesia, to Chile, and Puerto Rico, students have traveled near and far to perform their designs. Instruction supports over 50 academic majors, more than 75 minors, and a variety of specializations and is made up of almost 6,200 students, including 2,929 undergraduate, 2,457 graduate, 778 law students, and 20 students in continuing education programs. The University offered and awarded 620 bachelor, 1,110 master, 225 J.D., and 89 Ph.D. degrees during the 2021 academic year.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$63,589,786	ExpenseAmt
Revenue	$37,436,204	RevenueAmt
Desc	RESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Our researchers are conducting research that matters in our everyday lives. We are contributing to advances in computation and data, energy and sustainability, deep science and engineering, health and wellness, social justice, and urban futures. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. Research awards received in fiscal year 2021 were $53.1 million. The University received awards in the areas of science, engineering, technology, mathematics, and food safety all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 23 awards totaling $3.3 million and the Computer Science Department also received 23 awards for $5.9 million. The Biomedical Engineering Department received 26 awards for $6.3 million, the Biological Science Department 2 awards for $3.8 million, Mechanical Material and Aerospace Engineering 39 awards totaling $2.6 million, Physics Department 40 awards totaling $3.8 million and the Department of Psychology 13 awards for $1.5 million. In addition, the National Center for Food Safety and Technology received 16 awards totaling $5.1 million and the Office of Research was granted 6 awards for $15.2 million.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$13,739,861	ExpenseAmt
Revenue	$21,814,181	RevenueAmt
Desc	STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation and other student services including the student finance center, admissions, and registration.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmt	RevenueRevenueAmt	DescDesc
$11,537,665	$9,795,086	AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.
$10,305,426	$8,061,187	ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$21,843,091	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$17,856,273	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$322,611,789	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	6542	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3459	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	IN	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (true)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	70	GoverningBodyVotingMembersCnt
Independent Voting Member	69	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	Yes (true)	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Kenneth Johnston	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3125675850	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3424 SOUTH STATE STREET TC-4TH FL	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (98 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
A Steven Crown
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Alan Cramb
President	38.8	1.0	Yes (X)	Yes (X)	$698,824	$0	$49,344
Ellen M Jordan
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Michael P Galvin
Chairman of the Board	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Thomas E Lanctot
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Alan W Wendorf
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Amanda Lannert
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Andrea L Berry
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Anita M Nagler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Brian C Walker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Bruce C Liimatainen
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Bryan R Dunn
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carl S Spetzler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carole Browe Segal
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carter H Eckert
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Craig J Duchossois
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Daniel R Ephraim
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
David J Vitale
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
David L Crowell
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Douglas M Monieson
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Edward L Kaplan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Efthimios J Stojka
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Eric C Larson
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Eric G Vassilatos
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Frank Clark III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Harold Singleton III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Dugan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James E Cowie
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Gagnard
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Hill Jr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jamshyd N Godrej
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jeffrey A Karp
Partial Year Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jenny Niemann
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jimmy A Akintonde
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Joel D Krauss
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John C Walden
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John G Olin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John Krehbiel Jr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John P Calamos Sr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John W Rowe
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Judson B Althoff
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kaarina Koskenalusta
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Karen R Klein
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kathleen Brandenburg
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kevin W Willer
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Marc R Hannah
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mark P Sexton
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin C Jischke
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin Cooper
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mayari Pritzker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael J Graff
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael Palumbo
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Norbert O Kaiser
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Pallavi Verma
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Patrick J Kelly
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Peter M Kelly III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Priscilla Anne Walter
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ralph Wanger
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Richard Neil Levy
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert A Cornog
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert D Hoel
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Potter
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Washlow
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Rohit Prasad
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Rosemarie Mitchell
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
S Christopher Gladwin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Sherrie B Littlejohn
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stephen C Urrutia
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stephen p Keogh
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor A Morgenstern
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor Lo
Partial Year Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victoria L Noonan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec	38.8	0.0		Yes (X)	$276,577	$0	$26,760
Darsh Wasan
Distinguised Professor,ChBE	38.8	0.0		Yes (X)	$308,955	$0	$34,851
Edwin Watts
VP Admnstrn/Facilities/Pub Saf	38.8	0.0		Yes (X)	$301,519	$0	$20,464
Ernest Iseminger
Vice President	38.8	0.0		Yes (X)	$370,972	$0	$40,100
Jess Goode
Vice President, Extn'l Affairs	38.8	0.0		Yes (X)	$237,550	$0	$16,051
Michael Gosz
VP, Enrlmt/Vice Prov/AssocProf	38.8	0.0		Yes (X)	$295,283	$0	$42,005
Michael Horan
VP Finance, CFO, Treasurer	38.8	0.0		Yes (X)	$363,030	$0	$31,953
Ophir Trigalo
Vice Provost, CIO	38.8	0.0		Yes (X)	$297,099	$0	$43,145
Peter Kilpatrick
Provost, SVP Academic Affairs	38.8	0.0		Yes (X)	$463,537	$0	$40,240
Anita Krug
Dean and Professor of Law	38.8	0.0			$341,428	$0	$37,923	Yes (X)
John Bilson
Dean	38.8	0.0			$313,179	$0	$36,876	Yes (X)
Lance Fortnow
Professor and Dean COS	38.8	0.0			$359,303	$0	$46,404	Yes (X)
Natacha DePaola
Kaplan Dean of Engineering	38.8	0.0			$433,071	$0	$49,117	Yes (X)
Reed Kroloff
Dean-Architecture, Rowe Chair	38.8	0.0			$307,157	$0	$7,318	Yes (X)
Robert Brackett
Vice President/Professor	38.8	0.0			$321,320	$0	$37,403	Yes (X)
Chun Liu
Professor/Chair	38.8	0.0			$295,293	$0	$33,360		Yes (X)
Hamid Arastoopour
Director, WISER/Professor	38.8	0.0			$346,751	$0	$37,311		Yes (X)
Henry Perritt
Professor of Law, Dir. of LLM	38.8	0.0			$422,175	$0	$17,877		Yes (X)
Miles Wernick
Motorola Professor/Dir. Md Img	38.8	0.0			$302,691	$0	$37,149		Yes (X)
Mohammad Shahidehpour
Distinguished Bodine Professor	38.8	0.0			$397,871	$0	$47,841		Yes (X)
Harold Krent
Professor of Law and former key employee	38.8	0.0			$304,113	$0	$35,252			Yes (X)
Jafar Saniie
Dept. Chair & Filmer Professor & former highest compensated employee	38.8	0.0			$294,295	$0	$29,992			Yes (X)
Michelangelo Sabatino
Professor & former key employee	38.8	0.0			$264,334	$0	$28,972			Yes (X)
Siva Balasubramanian
Harold L. Stuart Endowed Chair & former highest compensated employee	38.8	0.0			$312,040	$0	$19,795			Yes (X)
Sumanta Acharya
Professor & Department Chair & former highest compensated employee	38.8	0.0			$297,366	$0	$18,517			Yes (X)
Wiel Arets
Professor & former key employee	38.8	0.0			$218,749	$0	$14,287			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$9,144,482	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$880,307	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	357	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Corvias Development LLC
1405 South County Trail	East Greenwich	RI	02818	Construction	$12,863,547
Gilbane Building Company
225 W Wacker Drive	Chicago	IL	60606	Construction	$9,811,624
Chartwells Dining
PO Box 91337	Chicago	IL	606931337	Food service provider	$5,007,626
GCA Services Group
14141 Southwest Freeway	Sugarland	TX	77478	Janitorial service	$3,802,020
SOS Security LLC
PO Box 6373	Parsippany	NJ	07054	Security service	$2,559,296

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	86	CntrctRcvdGreaterThan100KCnt
Fundraising	$46,018	FundraisingAmt
Government Grants	$51,184,196	GovernmentGrantsAmt
All Other Contributions	$25,364,109	AllOtherContributionsAmt
Noncash Contributions	$2,473,256	NoncashContributionsAmt
Total Contributions	$76,594,323	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees	611310	$244,474,542	$244,474,542
Sales/Services of Auxiliary Enterprises	722320	$9,799,157	$9,795,086	$4,071
Student Services	611710	$21,335,157	$21,335,157
Equity Interest on IITRI	541700	$3,258,547	$3,258,547

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$278,867,403	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,411,462	TotalRevenueColumnAmt
Unrelated Business Revenue	-$2,153	UnrelatedBusinessRevenueAmt
Exclusion	$2,413,615	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$912,606	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$71,495	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$841,111	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$841,111	TotalRevenueColumnAmt
Exclusion	$841,111	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$550,095,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$512,225,802	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$37,869,198	SecuritiesAmt
Other	$0	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$37,869,198	TotalRevenueColumnAmt
Exclusion	$37,869,198	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$0	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$46,018	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$18,312	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$18,312	TotalRevenueColumnAmt
Exclusion	-$18,312	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$396,565,185	TotalRevenueColumnAmt
Related Or Exempt Func Income	$278,863,332	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$1,918	UnrelatedBusinessRevenueAmt
Exclusion	$41,105,612	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$135,498,995	TotalAmt
Program Services	$135,498,995	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$7,501,627	TotalAmt
Program Services	$2,512,230	ProgramServicesAmt
Management And General	$2,816,623	ManagementAndGeneralAmt
Fundraising	$2,172,774	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,672,314	TotalAmt
Program Services	$668,926	ProgramServicesAmt
Management And General	$501,694	ManagementAndGeneralAmt
Fundraising	$501,694	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$108,635,367	TotalAmt
Program Services	$90,801,791	ProgramServicesAmt
Management And General	$14,812,334	ManagementAndGeneralAmt
Fundraising	$3,021,242	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$4,913,273	TotalAmt
Program Services	$3,818,453	ProgramServicesAmt
Management And General	$836,129	ManagementAndGeneralAmt
Fundraising	$258,691	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$12,272,133	TotalAmt
Program Services	$9,331,091	ProgramServicesAmt
Management And General	$2,691,791	ManagementAndGeneralAmt
Fundraising	$249,251	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,783,644	TotalAmt
Program Services	$6,209,293	ProgramServicesAmt
Management And General	$1,197,865	ManagementAndGeneralAmt
Fundraising	$376,486	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$150,122	TotalAmt
Program Services	$27,348	ProgramServicesAmt
Management And General	$122,774	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$372,588	TotalAmt
Management And General	$372,588	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$122,000	TotalAmt
Management And General	$122,000	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$217,062	TotalAmt
Fundraising	$217,062	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$647,445	TotalAmt
Management And General	$647,445	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$34,047,590	TotalAmt
Program Services	$28,247,652	ProgramServicesAmt
Management And General	$5,764,886	ManagementAndGeneralAmt
Fundraising	$35,052	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,084,934	TotalAmt
Program Services	$1,070,097	ProgramServicesAmt
Management And General	$14,837	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$3,187,606	TotalAmt
Program Services	$2,038,810	ProgramServicesAmt
Management And General	$1,055,320	ManagementAndGeneralAmt
Fundraising	$93,476	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,143,079	TotalAmt
Program Services	$976,253	ProgramServicesAmt
Management And General	$1,953,842	ManagementAndGeneralAmt
Fundraising	$212,984	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$32,186,553	TotalAmt
Program Services	$24,790,697	ProgramServicesAmt
Management And General	$7,395,856	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$237,124	TotalAmt
Program Services	$184,462	ProgramServicesAmt
Management And General	$45,753	ManagementAndGeneralAmt
Fundraising	$6,909	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$66,659	TotalAmt
Program Services	$15,505	ProgramServicesAmt
Management And General	$2,500	ManagementAndGeneralAmt
Fundraising	$48,654	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$5,582,669	TotalAmt
Program Services	$3,814,635	ProgramServicesAmt
Management And General	$1,768,034	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$18,442,076	TotalAmt
Program Services	$12,605,551	ProgramServicesAmt
Management And General	$5,836,525	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$878,898	TotalAmt
Management And General	$878,898	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

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

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$378,643,758	TotalAmt
Program Services	$322,611,789	ProgramServicesAmt
Management And General	$48,837,694	ManagementAndGeneralAmt
Fundraising	$7,194,275	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,144,758	BOYAmt
EOY	$3,303,015	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$35,606,057	BOYAmt
EOY	$19,380,167	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$8,250,278	BOYAmt
EOY	$8,582,507	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,790,579	BOYAmt
EOY	$4,479,985	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$653,895,286	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$324,250,346	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$315,677,476	BOYAmt
EOY	$329,644,940	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$254,479,292	BOYAmt
EOY	$298,668,140	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$478,865	BOYAmt
EOY	$7,104,453	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$26,004,044	BOYAmt
EOY	$27,974,468	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$22,244,698	BOYAmt
EOY	$31,320,953	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$667,676,047	BOYAmt
EOY	$730,458,628	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$32,017,956	BOYAmt
EOY	$36,194,807	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$11,240,117	BOYAmt
EOY	$12,507,565	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$161,688,999	BOYAmt
EOY	$157,253,000	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$19,775,000	BOYAmt
EOY	$33,075,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$23,892,512	BOYAmt
EOY	$24,394,969	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$248,614,584	BOYAmt
EOY	$263,425,341	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$163,466,890	BOYAmt
EOY	$175,713,701	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$255,594,573	BOYAmt
EOY	$291,319,586	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$419,061,463	BOYAmt
EOY	$467,033,287	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$667,676,047	BOYAmt
EOY	$730,458,628	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$17,921,427	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$22,530,573	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$7,519,824	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$58,277,789	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,052,564	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$84,788,322	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$111,293,482	CurrentTaxYearMinus1YearAmt
Current Tax Year	$76,594,323	CurrentTaxYearAmt
Total	$394,006,480	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$58,277,789	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$63,052,564	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$84,788,322	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$111,293,482	CurrentTaxYearMinus1YearAmt
Current Tax Year	$76,594,323	CurrentTaxYearAmt
Total	$394,006,480	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$34,934,243	SubstantialContributorsTotAmt
Public Support Total170	$359,072,237	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,610,143	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$7,715,863	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,199,534	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,549,097	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,324,068	CurrentTaxYearAmt
Total	$30,398,705	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$45,025	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$56,440	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$32,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$133,465	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$424,538,650	TotalSupportAmt
Gross Receipts Rltd Activities	$1,403,515,560	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.8458	PublicSupportCY170Pct
Public Support PY170	0.8395	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10 Other Income	FormAndLineReferenceDesc
Explanation	DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - , COLUMN B - 45025.0, COLUMN C - 56440.0, COLUMN D - 32000.0, COLUMN E - , COLUMN F - 133465.0;	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$122,000	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$122,000	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY	FormAndLineReferenceDesc
Explanation	THOMSON COBURN WAS RETAINED TO HELP WITH FEDERAL LOBBY REGISTRATION AND DISCLOSURE REQUIREMENTS. IIT WAS REPRESENTED BY NOBLE VENTURES FOR DEVELOPMENT OF LEGISLATIVE STRATEGY AND AS LIAISON WITH THE OFFICE OF THE GOVERNOR AND OTHER STATE AND CITY AGENCIES AS DIRECTED BY IIT. IN ADDITION, IIT'S VICE PRESIDENT AND ASSOCIATE VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING SUCH MATTERS.	ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$255,962,501	BeginningYearBalanceAmt
Contributions	$7,573,000	ContributionsAmt
Investment Earnings Or Losses	$62,334,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,550,000	GrantsOrScholarshipsAmt
Other Expenditures	$14,995,000	OtherExpendituresAmt
End Year Balance	$304,324,501	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$242,994,501	BeginningYearBalanceAmt
Contributions	$18,590,000	ContributionsAmt
Investment Earnings Or Losses	$6,574,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,212,900	GrantsOrScholarshipsAmt
Other Expenditures	$5,983,100	OtherExpendituresAmt
End Year Balance	$255,962,501	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$251,798,501	BeginningYearBalanceAmt
Contributions	$1,349,000	ContributionsAmt
Investment Earnings Or Losses	$2,074,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,065,360	GrantsOrScholarshipsAmt
Other Expenditures	$6,161,640	OtherExpendituresAmt
End Year Balance	$242,994,501	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$243,746,501	BeginningYearBalanceAmt
Contributions	$5,825,000	ContributionsAmt
Investment Earnings Or Losses	$14,727,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,671,397	GrantsOrScholarshipsAmt
Other Expenditures	$6,828,603	OtherExpendituresAmt
End Year Balance	$251,798,501	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$226,847,501	BeginningYearBalanceAmt
Contributions	$2,246,000	ContributionsAmt
Investment Earnings Or Losses	$27,253,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$5,903,690	GrantsOrScholarshipsAmt
Other Expenditures	$6,696,310	OtherExpendituresAmt
End Year Balance	$243,746,501	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.23	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.77	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.0	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,504,134	OtherCostOrOtherBasisAmt
Book Value	$19,504,134	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$502,229,665	OtherCostOrOtherBasisAmt
Depreciation	$254,247,518	DepreciationAmt
Book Value	$247,982,147	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,577,926	OtherCostOrOtherBasisAmt
Depreciation	$4,577,926	DepreciationAmt
Book Value	$0	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$96,095,907	OtherCostOrOtherBasisAmt
Depreciation	$63,588,355	DepreciationAmt
Book Value	$32,507,552	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$31,487,654	OtherCostOrOtherBasisAmt
Depreciation	$1,836,547	DepreciationAmt
Book Value	$29,651,107	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$329,644,940	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDesc	AmtAmt
Advances from U.S. Government for student loans	$4,081,745
Obligation under split interest	$642,478
Deposits by students & others	$1,947,125
Postretirement benefit obligation	$965,701
Asset retirement obligation	$903,059
Lease liability	$4,317,057
Bond Premium Payable	$13,323,096
Cost of Issuance	-$1,785,292

Field	Value	IRS element (for citing)
Total Liability	$24,394,969	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule D, Part V, Line 4 Intended uses of endowment funds

The purpose of the endowment funds is to facilitate donors' desires to make substantial long-term gifts to the University and to develop a new and significant source of revenue for the University. In doing so, the endowment fund will provide a secure, long-term source of funds to: (a) fund special programs; (b) ensure long-term growth; (c) enhance the University's ability to meet changing community needs; and (d) support the administrative expenses of the University as deemed appropriate.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The University has received a determination letter from the Internal Revenue Service (IRS) stating that they are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code except for tax on unrelated business income. It is management's belief that none of its activities have produced material unrelated business income, and that the University has operated in a manner that qualifies it for tax-exempt status. U.S. generally accepted accounting principles require University management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the University and has concluded that as of May 31, 2021 and 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The University is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The University management believes it is no longer subject to income tax examinations for years prior to 2018.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS. IT ALSO APPEARS ON APPLICATIONS, AND OTHER FORMS, AND IT IS POSTED ON THE UNIVERSITY'S WEBSITE.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	Department of Education:- Federal Supplemental Education Opportunity Grants Federal Direct Loans Federal Work Study Program Federal Pell Grant Program Federal Higher Education- Emergency Relief Funds Illinois Student Assistance Commission:- Illinois Monetary Award Program Grants Grant Program for Descendants of Police, Fire, or Correctional Officers

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	0	2	Program Services	STUDENT RECRUITING.	$412,080
South Asia	3	3	Program Services	FACILITATE DELIVERY OF ON-LINE EDUCATIONAL PROGRAMS AND STUDENT RECRUITING.	$104,491
East Asia and the Pacific	0	3	Program Services	STUDENT RECRUITING AND ON-LINE MAS DEGREE PROGRAM.	$525,363
South America	0	1	Program Services	STUDENT RECRUITING.	$57,837
Central America and the Caribbean			Investments		$7,104,000

Field	Value	IRS element (for citing)
Subtotal Offices	3	SubtotalOfficesCnt
Subtotal Employees	9	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	3	TotalOfficeCnt
Total Employee	9	TotalEmployeeCnt
Subtotal Spent	$8,203,771	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$8,203,771	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule F, Part I, Line 3 DESCRIPTION OF ACTIVITY OUTSIDE UNITED STATES	FormAndLineReferenceDesc
Explanation	EUROPE/SOUTH AMERICA: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF EUROPEAN AND LATIN AMERICAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. SOUTH ASIA: TO FACILITATE IIT'S ABILITY TO DELIVER LONG DISTANCE INTERNET-BASED EDUCATIONAL PROGRAMS TO RESIDENTS OF VARIOUS CITIES IN INDIA AND THE RECRUITMENT OF INDIAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. EAST ASIA AND PACIFIC: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF STUDENTS FROM EAST ASIA AND THE PACIFIC TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. IIT IS ALSO OFFERING ONLINE MAS DEGREES TO STUDENTS IN THIS REGION.	ExplanationTxt

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz LLC
1025 Kirkwood Pkwy SW	Cedar Rapids	IA	52404	PHONE SOLICITING	false	$46,018	$18,312	$27,706
WASHBURN & MCGOLDRICK LLC
24 N Bryn Mawr Avenue Suite 252	Bryn Mawr	PA	19010	CONSULT ON RAISING FUNDS	false	$0	$18,750	-$18,750
ORR Group
3000 K Steet E280	Washington	DC	20007	Review fundraising procedures; provide recommendations.	false	$0	$180,000	-$180,000

Field	Value	IRS element (for citing)
Total Gross Receipts	$46,018	TotalGrossReceiptsAmt
Total Retained By Contractors	$217,062	TotalRetainedByContractorsAmt
Total Net To Organization	-$171,044	TotalNetToOrganizationAmt
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	SC	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	Phonathon	Event1Nm
Gross Receipts Event1	$46,018	GrossReceiptsEvent1Amt
Charitable Contri Event1	$46,018	CharitableContriEvent1Amt
Gross Revenue Event1	$0	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$18,312	OtherDirectExpensesEvent1Amt
Gross Revenue Event2	$0	GrossRevenueEvent2Amt
Gross Revenue Other Events	$0	GrossRevenueOtherEventsAmt
Gross Receipts Total	$46,018	GrossReceiptsTotalAmt
Charitable Contributions Tot	$46,018	CharitableContributionsTotAmt
Gross Revenue Total Events	$0	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$18,312	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$18,312	DirectExpenseSummaryEventsAmt
Net Income Summary	-$18,312	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part I, Line 2b(v) Amounts paid to fundraiser	Washburn & McGoldrick LLC was engaged to increase private philanthropic support for IIT's operating budget, endowment and facilities. All of these resources are intended to enhance the educational purposes of the institution. Washburn & McGoldrick LLC do not at any time have custody or control of contributions. IIT exercises control and approval over the content and volume of any solicitation as Washburn & McGoldrick LLC never conducts solicitations on IIT's behalf. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses. Ruffalo Noel Levitz LLC conducted telephone fundraising campaigns for IIT and provided services to secure pledges and donations to support the educational mission of IIT. Their services related to the concept, design and strategies of the campaign and telephone solicitations to individuals identified on lists supplied by IIT. All funds raised were controlled by IIT. Ruffalo Noel Levitz LLC was paid fees for services provided in conducting the telephone fundraising campaigns. ORR Group was engaged to review the University's current fundraising procedures and to make recommendations for areas of improvement. ORR Group did not at any time solicit, control, or have custody of any fund donations. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses.
Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.	RUFFALO NOEL LEVITZ, LLC-RUFFALO NOEL LEVITZ LLC CONDUCTED TELEPHONE FUNDRAISING CAMPAIGNS FOR IIT AND PROVIDED SERVICES TO SECURE PLEDGES AND DONATIONS TO SUPPORT THE EDUCATIONAL MISSION OF IIT. THEIR SERVICES RELATED TO THE CONCEPT, DESIGN AND STRATEGIES OF THE CAMPAIGN AND TELEPHONE SOLICITATIONS TO INDIVIDUALS IDENTIFIED ON LISTS SUPPLIED BY IIT. ALL FUNDS RAISED WERE CONTROLLED BY IIT. RUFFALO NOEL LEVITZ LLC WAS PAID FEES FOR SERVICES PROVIDED IN CONDUCTING THE TELEPHONE FUNDRAISING CAMPAIGNS.;WASHBURN & MCGOLDRICK LLC-WASHBURN & MCGOLDRICK LLC WAS ENGAGED TO INCREASE PRIVATE PHILANTHROPIC SUPPORT FOR IIT'S OPERATING BUDGET, ENDOWMENT AND FACILITIES. ALL OF THESE RESOURCES ARE INTENDED TO ENHANCE THE EDUCATIONAL PURPOSES OF THE INSTITUTION. WASHBURN & MCGOLDRICK LLC DO NOT AT ANY TIME HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS. IIT EXERCISES CONTROL AND APPROVAL OVER THE CONTENT AND VOLUME OF ANY SOLICITATION AS WASHBURN & MCGOLDRICK LLC NEVER CONDUCTS SOLICITATIONS ON IIT'S BEHALF. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;ORR GROUP-ORR GROUP WAS ENGAGED TO REVIEW THE UNIVERSITY'S CURRENT FUNDRAISING PROCEDURES AND TO MAKE RECOMMENDATIONS FOR AREAS OF IMPROVEMENT. ORR GROUP DID NOT AT ANY TIME SOLICIT, CONTROL, OR HAVE CUSTODY OF ANY FUND DONATIONS. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;
Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses	RUFFALO NOEL LEVITZ, LLC-PAYMENT OF FEES.;WASHBURN & MCGOLDRICK LLC-PAYMENT OF FEES.;ORR GROUP-PAYMENT OF FEES.;

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	7635	RecipientCnt
Cash Grant	$135,498,995	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	THE USE OF GRANT FUNDS IS MONITORED THROUGH A GRANT MANAGEMENT SYSTEM.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (27 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Alan Cramb
President	$672,466	$0	$0	$0	$26,358	$0	$25,650	$0	$23,694	$0	$748,168	$0	$0	$0
Peter Kilpatrick
Provost, SVP Academic Affairs	$440,473	$0	$0	$0	$23,064	$0	$25,650	$0	$14,590	$0	$503,777	$0	$0	$0
Ernest Iseminger
Vice President	$369,730	$0	$0	$0	$1,242	$0	$25,510	$0	$14,590	$0	$411,072	$0	$0	$0
Michael Horan
VP Finance, CFO, Treasurer	$359,466	$0	$0	$0	$3,564	$0	$24,635	$0	$7,318	$0	$394,983	$0	$0	$0
Darsh Wasan
Distinguised Professor,ChBE	$279,909	$0	$26,030	$0	$3,016	$0	$19,089	$0	$15,762	$0	$343,806	$0	$0	$0
Ophir Trigalo
Vice Provost, CIO	$294,777	$0	$0	$0	$2,322	$0	$20,750	$0	$22,395	$0	$340,244	$0	$0	$0
Michael Gosz
VP, Enrlmt/Vice Prov/AssocProf	$292,961	$0	$0	$0	$2,322	$0	$20,086	$0	$21,919	$0	$337,288	$0	$0	$0
Edwin Watts
VP Admnstrn/Facilities/Pub Saf	$297,955	$0	$0	$0	$3,564	$0	$20,309	$0	$155	$0	$321,983	$0	$0	$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec	$275,767	$0	$0	$0	$810	$0	$19,045	$0	$7,715	$0	$303,337	$0	$0	$0
Jess Goode
Vice President, Extn'l Affairs	$236,817	$0	$0	$0	$733	$0	$16,051	$0	$0	$0	$253,601	$0	$0	$0
Natacha DePaola
Kaplan Dean of Engineering	$374,696	$0	$36,553	$0	$21,822	$0	$25,650	$0	$23,467	$0	$482,188	$0	$0	$0
Lance Fortnow
Professor and Dean COS	$356,981	$0	$0	$0	$2,322	$0	$24,667	$0	$21,737	$0	$405,707	$0	$0	$0
Anita Krug
Dean and Professor of Law	$340,186	$0	$0	$0	$1,242	$0	$23,333	$0	$14,590	$0	$379,351	$0	$0	$0
Robert Brackett
Vice President/Professor	$315,630	$0	$0	$0	$5,690	$0	$21,641	$0	$15,762	$0	$358,723	$0	$0	$0
John Bilson
Dean	$307,345	$0	$0	$0	$5,834	$0	$21,114	$0	$15,762	$0	$350,055	$0	$0	$0
Reed Kroloff
Dean-Architecture, Rowe Chair	$284,093	$0	$0	$0	$23,064	$0	$0	$0	$7,318	$0	$314,475	$0	$0	$0
Henry Perritt
Professor of Law, Dir. of LLM	$420,428	$0	$0	$0	$1,747	$0	$12,924	$0	$4,953	$0	$440,052	$0	$0	$0
Mohammad Shahidehpour
Distinguished Bodine Professor	$358,141	$0	$33,238	$0	$6,492	$0	$24,374	$0	$23,467	$0	$445,712	$0	$0	$0
Hamid Arastoopour
Director, WISER/Professor	$321,643	$0	$0	$0	$25,108	$0	$21,394	$0	$15,917	$0	$384,062	$0	$0	$0
Chun Liu
Professor/Chair	$274,551	$0	$0	$0	$20,742	$0	$18,925	$0	$14,435	$0	$328,653	$0	$0	$0
Miles Wernick
Motorola Professor/Dir. Md Img	$222,439	$0	$78,152	$0	$2,100	$0	$15,230	$0	$21,919	$0	$339,840	$0	$0	$0
Sumanta Acharya
Professor & Department Chair & former highest compensated employee	$274,302	$0	$0	$0	$23,064	$0	$18,290	$0	$227	$0	$315,883	$0	$0	$0
Siva Balasubramanian
Harold L. Stuart Endowed Chair & former highest compensated employee	$277,419	$0	$10,000	$0	$24,621	$0	$19,795	$0	$0	$0	$331,835	$0	$0	$0
Jafar Saniie
Dept. Chair & Filmer Professor & former highest compensated employee	$185,832	$0	$85,488	$0	$22,975	$0	$14,230	$0	$15,762	$0	$324,287	$0	$0	$0
Wiel Arets
Professor & former key employee	$215,259	$0	$0	$0	$3,490	$0	$14,287	$0	$0	$0	$233,036	$0	$0	$0
Harold Krent
Professor of Law and former key employee	$275,049	$0	$6,000	$0	$23,064	$0	$19,996	$0	$15,256	$0	$339,365	$0	$0	$0
Michelangelo Sabatino
Professor & former key employee	$205,860	$0	$57,442	$0	$1,032	$0	$14,112	$0	$14,860	$0	$293,306	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule J, Part I, Line 1a Health or social club dues or initiation fees	FormAndLineReferenceDesc
Explanation	The University provided membership dues for Alan Cramb President, and Peter Kilpatrick Provost, to one business and one civic organization. These memberships are working condition fringe benefits that satisfied a business purpose under the accountable plan rule.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
ILLINOIS FINANCE AUTHORITY
A	861091967	000000000	2019-01-31	$22,278,000	REFUND A PRIOR TAX-EXEMPT ISSUE DATED 7/22/2009 AND FOR FACILITY RENOVATION AND EQUIPMENT.	false	false	false
ILLINOIS FINANCE AUTHORITY
B	861091967	000000000	2018-06-28	$17,972,000	REIMBURSEMENT FOR THE ACQUISITION OF STUDENT RESIDENT FACILITIES.	false	false	false
ILLINOIS FINANCE AUTHORITY
C	861091967	45204E7F9	2019-12-20	$138,525,900	REFUND A PRIOR TAX-EXEMPT ISSUE DATED 3/23/2006 AND TO REIMBURSE ISSUANCE AND REFUNDINGS COSTS.	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$22,278,000	$0	$0	$0	$300,999	$0	$0	$321,404	$21,655,597	$0	2019	Yes (true)	false	Yes (true)	Yes (true)
B	$3,082,000	$0	$17,972,000	$0	$0	$0	$92,573	$0	$0	$17,879,427	$0	$0	2018	false	false	Yes (true)	Yes (true)
C	$2,830,000	$0	$138,525,900	$0	$0	$0	$1,519,760	$0	$0	$0	$137,006,140	$0	2020	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	Yes (true)
B	false	false	false	false	false	false	Yes (true)
C	false	false	false	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	false	false	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false	false	false	Yes (true)	Yes (true)	false	false	false	Yes (true)
C	false	false	false	Yes (true)	false	false	false	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3 All listed bonds on Schedule K.	If the total proceeds of the issue exceeds the issue price of the respective bond, the difference is due to investment earnings. Earnings are included in the total proceeds of each issue.
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/25/2019
Schedule K, Part IV, Line 2c COLUMN B	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/25/2019
Schedule K, Part IV, Line 2c COLUMN C	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/02/2021

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$160,500	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	36	ContributionCnt
Noncash Contributions Rpt F990	$1,946,007	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (7 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Educational hardware for School for Engineering	1	$209,015	Market value
Yes (X)	Lab equipment	1	$109,907	Market value
Yes (X)	Air handling unit	1	$7,810	Market value
Yes (X)	Air flow control valve and fiber optics micro-server	2	$24,141	Market value
Yes (X)	Chiller/buffer tank/precision boiler equipment	3	$10,116	Market value
Yes (X)	Lab management software	1	$2,500	Market value
Yes (X)	Publication fee re: paper on Ventilation Control systems	1	$3,260	Market value

Field	Value	IRS element (for citing)
Form8283 Received	1	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - number of contributions Other - Educational hardware for School for Engineering number of contributions Art - Works of art - Four (4) art installation scupltures number of contributions Other - Lab equipment number of contributions Other - Air handling unit number of contributions Other - Air flow control valve and fiber optics micro-server number of items received Other - Chiller/buffer tank/precision boiler equipment number of contributions Other - Publication fee re: paper on Ventilation Control systems number of contributions	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 11,537,665 including grants of $)(Revenue $ 9,795,086) AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.
Form 990, Part III, Line 4d Description of other program services	(Expenses $ 10,305,426 including grants of $)(Revenue $ 8,061,187) ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	As stated in Article 5, Section 5 of the organizations By-Laws, there shall be an Executive Committee of the Board of Trustees. With the caveat that the Board of Trustees may override the Executive Committee and except as otherwise provided in Article 5, Section 6, the Board of Trustees delegates to the Executive Committee all the powers vested in the Board of Trustees by law or by these Bylaws in the management of the property, business and affairs of the corporation. The Executive Committee shall include, as ex officio members, the Chair of the Board, the immediate past Chair, any Vice Chairs, the Chairs of all committees listed in Article 5, Sections 3 and 4, and the President. If the Chair of the Board of the IIT Alumni Association is a regularly elected or life trustee, then that individual shall be an ex officio member of the Executive Committee for the term of his or her office as Chair of the Board of the IIT Alumni Association. Up to eight additional members of the Executive Committee shall be annually elected for three-year terms by the Board of Trustees from the regularly elected members of the Board.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	James Cowie and James Dugan - Business relationship, Patrick J. Kelly and Craig J. Duchossois - Business relationship, Victor A. Morgenstern and Anita M. Nagler - Business relationship, Eric C. Larson and Craig J. Duchossois - Business relationship, Kevin W. Willer, Craig J. Duchossois, A. Steven Crown, and Carole Browne Segal - Business relationship, S. Christopher Gladwin and James Dugan - Business relationship, James Gagnard and Efthimos J. Stojka - Business relationship, Richard N. Levy and Kevin Willer - Business relationship
Form 990, Part VI, Line 4 Significant changes to organizational documents	The bylaws were amended to adjust the size of the Board so that it is consistent with current circumstances and applicable Illinois law.
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED BY THE INTERIM VP FINANCE, CFO & TREASURER, INTERIM CONTROLLER, ASSOCIATE CONTROLLER, AND BY THE INTERIM VP GENERAL COUNSEL & SECRETARY. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW. WHEN THIS REVEIW IS COMPLETED, IT IS PUT ON A TRUSTEE WEBSITE GIVING ALL THE TRUSTEES THE OPPORTUNITY TO REVIEW. ONCE ALL REVIEWS ARE COMPLETED, THE VP FINANCE, CFO & TREASURER SIGNS THE FORM 990.
Form 990, Part VI, Line 12c Conflict of interest policy	ON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. GENERAL COUNSEL MONITORS THE EMPLOYEES AND TRUSTEES THAT HAVE REVIEWED THE POLICY AND DOCUMENTS THE CONFLICT OF INTEREST INSTANCES.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE BOARD OF TRUSTEES HAS ESTABLISHED AN INDEPENDENT COMPENSATION COMMITTEE THAT IS RESPONSIBLE FOR RECOMMENDING THE PRESIDENT'S (CEO) SALARY. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING SELECTED UNIVERSITIES HAVING SIMILAR STUDENT ENROLLMENTS AND PROGRAMS. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE COMMITTEE AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE COMMITTEE MAY RECOMMEND AN ADJUSTMENT TO THE PRESIDENT'S SALARY. AFTER THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION COMMITTEE RECOMMENDATIONS, IT VOTES TO APPROVE THE COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	The authority to recommend the annual salaries of the Vice Presidents and other senior officers is delegated to an independent Compensation Committee by the Board of Trustees. The Committee, with input from the President, obtains comparative analyses and studies from the Human Resource department with respect to compensation of similar organizations to ensure that the University's compensation is comparable. After the Executive Committee reviews the compensation committee recommendations, it votes to approve the compensation.
Form 990, Part VI, Line 19 Required documents available to the public	FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE LOCATED ON THE ILLINOIS INSTITUTE OF TECHNOLOGY'S WEBSITE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	CHANGE IN ASSET RETIREMENT OBLIGATION, NET - 186620; OUT OF PERIOD EXPENSE ACCRUAL - -1065161; CUMULATIVE EFFECT OF CHANGE IN LEASE ACCOUNTING - 3118109; RESTRUCTURING EXPENSES - -535484; UNREAL. GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST - 5607566; CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS - 208174;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	IIT RESEARCH INSTITUTE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 WEST 35TH STREET	AddressLine1Txt
Address Line2	4th FL	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
EIN	362169122	EIN
Primary Activities	RESEARCH	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	11	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (true)	ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	Address Line2ForeignAddress/AddressLine2Txt	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct
PERPETUAL TRUST (7) BENEFICIAL INTEREST IN DONOR TRUSTS
C/O IIT 3424 SOUTH STATE STREET	TC-4 FL	CHICAGO	IL	60616	DISTRIBUTION OF TRUST ASSETS TO BENEFICIARIES	IL	NA	Trust	false
ILLINOIS INSTITUTE OF TECHNOLOGY (INDIA) PRIVATE LTD
					FACILITATES EDUCATIONAL PROGRAMS		ILLINOIS INSTITUTE OF TECHNOLOGY	C Corporation	Yes (true)	677 16th Main 6th Cross 3rd Block	Koramangala Behind BDA complex	BENGALORE	IN	560034	IN	$587,502	$171,646	1

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (true)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (true)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (5 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
IIT India
P	$169,491	FMV
IIT Research Institute
A	$297,550	FMV
IIT Research Institute
J	$297,550	FMV
IIT Research Institute
L	$149,982	FMV
IIT Research Institute
Q	$1,594,111	FMV