2021-05-14T10:37:43-05:00 2020-06-30 990 2019-07-01 362593545 Erikson Institute ERIK 3127552250 451 North LaSalle Street Chicago IL 606544510 Patricia Lawson VP for Finance and Operations & CFO 2021-05-14 2019 2022-09-23 18:48:47Z Patricia Lawson 451 North LaSalle Street Chicago IL 606544510 27376283 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. 33 32 291 231 0 0 14214178 12038095 8896140 10521440 3120194 1136376 17257 10498 26247769 23706409 2330144 2917316 0 0 15778626 16913174 0 72523 1192814 8120314 7659412 26229084 27562425 18685 -3856016 81810430 79908682 33389107 38853502 48421323 41055180 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 11253840 2622840 7780902 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 the Fall of 2020, Erikson enrolled over 460 students into our Masters and PhD programs, as well as our certificate programs. Upon graduating, Erikson's diverse group of over 3,000 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. 7520264 0 2818294 DIRECT SERVICES: Erikson provides services directly to children and families, as well as consulting and training for the professionals who serve them. Erikson's Center for Children and Families provided intensive mental health services for nearly 640 children and families in the Chicagoland area in 2020 for 6442 hours of treatment-1540 of which were provided pro-bono. In addition to its main clinic located at Erikson's River North campus, CCF has established three satellite clinics in high-need Chicago neighborhoods. CCF also oversees a broad range, immigration-related trauma initiative, the only one of its kind in the state. In addition, our Fussy Baby Network, a service for families struggling with infant care, served 899 families last year, including families with a baby in the NICU. Finally, our Early Childhood Project with the Illinois Department of Children and Family Services has expanded its contract to serve nearly 6,000 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. 2923935 294476 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. Last year, Erikson provided customized childhood trauma-focused learning session for 23 cross-sector leaders working directly with Governor Pritzker's Justice, Equity and Opportunity (JEO) Initiative. Over the past three years alone, nearly 170 individuals have completed our in-depth ECLA leadership programs. Erikson's Early Development Instrument (EDI) Project, a neighborhood-level population measure that gauges the development of young children within the context of their community, recently completed its pilot phase. Erikson's EDI data has allowed our community partners to make great strides for young children and families, including a $1 million increase in Early Childhood Block Grant funding for Greater East St. Louis for preschool expansion and $2.1 million over six years to the Community Foundation of Kankakee River Valley to address childhood trauma and provide resources for families in the county. 21698039 true true false true false false false false true true true false false true true true false true false true false false true true 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 124 0 true 291 true false false false false false true true false false false false false false X 33 32 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 Edward S Loeb Treasurer 3.0 X X 0 0 0 Eric Adelstein Vice Chair and Board Secretary 3.0 X X 0 0 0 John L Hines Board Chair 3.0 X X 0 0 0 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 111499 0 11699 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 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 1.0 X 0 0 0 Susan Stone Trustee 1.0 X 0 0 0 Elenne Song Board Vice Chair 3.0 X 0 0 0 Geoffrey Nagle President 40.0 X 398648 0 52346 Charles Chang VP of Institutional effectiveness and planning 40.0 X 154255 0 55148 Jie-Qi Chen SR VP & DEAN OF FACULTY 40.0 X 223530 0 52573 Maura Daly Chief External Affairs Officer 40.0 X 175503 0 9825 Patricia Lawson VP for Finance & Operations, Chief Financial Officer 40.0 X 208245 0 36631 Gillian McNamee Professor 40.0 X 150994 0 24403 Jonathan Frank Chief Information Officer 40.0 X 153834 0 51308 Linda Gilkerson Professor 40.0 X 140900 0 27049 Marcy Safyer Director Center for Children and Families 40.0 X 134671 0 35614 Patricia Offer Director of Development 40.0 X 131231 0 298 1983310 0 356894 18 true true false 111ORD LLC PO Box 776132 CHICAGO IL 606776132 BUILDING MANAGEMENT 566748 PRESCIENT SOLUTIONS PO Box 5450 CAROL STREAM IL 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551633 576539 718390 964793 712993 3524348 0 0 0 0 0 0 73374 56631 64268 58913 77756 330942 80368536 0 0.9520 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 73374.0, COLUMN B - 56631.0, COLUMN C - 64268.0, COLUMN D - 58913.0, COLUMN E - 77756.0, COLUMN F - 330942.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 43150069 500 257310 0 2032602 0 41375277 47069141 1000000 2152036 0 7071108 0 43150069 45598656 0 3997496 0 2527011 0 47069141 39204944 4121500 5247616 0 2975404 0 45598656 43965581 70600 -2091187 0 2740050 0 39204944 0.39 0.52 0.09 false false 0 2692677 2692677 0 27299163 13036347 14262816 0 0 0 0 0 4201363 0 4201363 0 788809 0 788809 21945665 0 0 Private Equity and Hedge Funds 14465620 F 14465620 0 Interest Rate Swap Agreement 8255658 Deferred Compensation plan payable 904863 Refundable advance 2917695 12078216 X 21880064 -399706 0 0 1675560 1275854 20604210 479359 2622840 3102199 23706409 24764968 0 0 0 0 0 24764968 0 2797457 2797457 27562425 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, 2019, these funds were established for the following purposes: Facilities $4,972,687, 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 2(d) Other revenues in audited financial statements not in form 990 Investment income - 1725810 Loss Luncheon - 124367 Other luncheon expenses - -174617 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Scholarships - 2622840 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Scholarships - 2622840 Luncheon direct expenses - 174617 true true true true true true true 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 11906753 East Asia and the Pacific 0 0 Program Services PROFESSIONAL DEVELOPMENT 10728 0 0 0 0 0 0 11917481 0 11917481 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 1428450 72523 1355927 1428450 72523 1355927 IL ANNUAL LUNCHEON 1278958 1228708 50250 0 0 118994 40250 10000 5373 0 0 1278958 1228708 50250 0 0 118994 40250 10000 5373 174617 -124367 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 259887 Early math research Chapin Hall 1313 E 60th Street Chicago IL 60637 23250 Mindfulness and other Replenishment Practices to Improve Young Children's Stress Levels, Self-Regulation and Productive Engagement in School Ounce of Prevention Fund 33 W Monroe Street Suite 2400 Chicago IL 60603 11339 Early math research 2 1 Student Scholarships 453 2622840 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 373648 0 25000 0 0 0 19000 0 33346 0 450994 0 0 0 Charles Chang VP of Institutional effectiveness and planning 154255 0 0 0 0 0 25000 0 30148 0 209403 0 0 0 Jie-Qi Chen SR VP & DEAN OF FACULTY 223530 0 0 0 0 0 25000 0 27573 0 276103 0 0 0 Maura Daly Chief External Affairs Officer 175503 0 0 0 0 0 9479 0 346 0 185328 0 0 0 Patricia Lawson VP for Finance & Operations, Chief Financial Officer 208245 0 0 0 0 0 24998 0 11633 0 244876 0 0 0 Jonathan Frank Chief Information Officer 153834 0 0 0 0 0 18126 0 33182 0 205142 0 0 0 Linda Gilkerson Professor 140900 0 0 0 0 0 23219 0 3830 0 167949 0 0 0 Gillian McNamee Professor 148494 0 2500 0 0 0 11420 0 12983 0 175397 0 0 0 Marcy Safyer Director Center for Children and Families 134671 0 0 0 0 0 14280 0 21334 0 170285 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 6 322729 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, Eric Adelstein, 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 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 12c Conflict of interest policy All Trustees, Officers and Key employees are required to complete Erikson's Conflict of Interest policy on an annual basis and must disclosure all interests and relationships that may hold potential for raising conflict issues on the annual disclosure statement. The Chairperson of the Trusteeship Committee reviews disclosure statements and communicates all potential conflicts with the Board Chair. If a potential for conflict is found to exist, the Trusteeship Committee will prepare a written recommendation for the Executive Committee on how best to minimize the effect of the conflict upon the activities of the Institute and the trustee, officer or key employee affected. The Executive Committee will make a final, written determination as to the handling of the conflict issue. 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 - Total Revenue: 77756, Related or Exempt Function Revenue: 77756, Unrelated Business Revenue: 0, Revenue Excluded from Tax Under Sections 512, 513, or 514: 0; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Loss from Luncheon - 124366; Interest rate swap fair value adjustment - -2755428; 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 BONA FIDE 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.