ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
- Tax period
- 2013-06-01 to 2014-05-31
- Filed
- 2015-04-03
- IRS object ID
- 201510939349300121
- Schema version
- 2013v4.0
- 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 L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-04-03T15:00:03-05:00 | ReturnTs |
| Tax Period End | 2014-05-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 WEST WACKER DRIVE | AddressLine1 |
| Address Line2 | SUITE 2600 | AddressLine2 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606061224 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-06-01 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ILLI | BusinessNameControlTxt |
| Phone | 3125673677 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3424 SOUTH STATE STREET | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICIA LAUGHLIN | PersonNm |
| Person Title | VP, FINANCE & ADMINISTRATION | PersonTitleTxt |
| Signature | 2015-04-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
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 | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Address PrincipalOfcrBusinessAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN L ANDERSON | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SUITE 1900 10 W 35TH STREET | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $391,066,730 | 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 | 67 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 63 | VotingMembersIndependentCnt |
| Total Employee | 4412 | TotalEmployeeCnt |
| Total Volunteers | 101 | TotalVolunteersCnt |
| Total Gross UBI | $238,859 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$149,685 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $80,682,566 | PYContributionsGrantsAmt |
| CY Contributions Grants | $62,223,718 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $257,085,470 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $268,163,912 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,166,693 | PYInvestmentIncomeAmt |
| CY Investment Income | $15,664,457 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,810,111 | PYOtherRevenueAmt |
| CY Other Revenue | $113,441 | CYOtherRevenueAmt |
| PY Total Revenue | $350,744,840 | PYTotalRevenueAmt |
| CY Total Revenue | $346,165,528 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $87,805,909 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $93,446,846 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $143,048,590 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $146,505,758 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $121,096 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $92,284 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $9,442,737 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $110,005,084 | PYOtherExpensesAmt |
| CY Other Expenses | $106,983,735 | CYOtherExpensesAmt |
| PY Total Expenses | $340,980,679 | PYTotalExpensesAmt |
| CY Total Expenses | $347,028,623 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $9,764,161 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$863,095 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $564,176,524 | TotalAssetsBOYAmt |
| Total Assets EOY | $581,596,197 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $260,097,092 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $260,006,805 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $304,079,432 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $321,589,392 | NetAssetsOrFundBalancesEOYAmt |
| 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 | $194,901,602 | ExpenseAmt |
| Grant | $93,446,846 | GrantAmt |
| Revenue | $184,883,301 | RevenueAmt |
| Desc | INSTRUCTION SUPPORT:- INSTRUCTION SUPPORTS 34 ACADEMIC MAJORS, MORE THAN 50 MINORS, AND A VARIETY OF SPECIALIZATIONS AND IS MADE UP OF NEARLY 8,000 STUDENTS, INCLUDING 3,046 UNDERGRADUATE, 3,226 GRADUATE, 804 LAW STUDENTS, AND 620 PH.D. CANDIDATES. THE UNIVERSITY OFFERED AND AWARDED 562 BACHELOR, 1,508 MASTER, 293 J.D., AND 78 PH.D. DEGREES DURING THE 2014 ACADEMIC YEAR. THE UNIVERSITY'S SIGNATURE INTERPROFESSIONAL PROJECTS (IPRO) PROGRAM IS A CORE PART OF THE CURRICULUM THAT ENABLES STUDENTS FROM VARIOUS ACADEMIC MAJORS TO WORK TOGETHER TO FIND SOLUTIONS TO REAL-WORLD PROBLEMS FACING REAL WORLD COMPANIES. WHEN THEY GRADUATE, THEY HAVE LEARNED TO "SPEAK THE LANGUAGE" OF OTHER PROFESSIONS AND HAVE LEARNED THAT PROBLEMS CAN BE "FRAMED" FROM MANY DIFFERENT PERSPECTIVES. RECENTLY, IPRO PROJECT TEAMS DESIGNED A REFUELABLE ELECTRIC CAR, BUILT A COMMUNITY FARM, OPTIMIZED REVOLUTIONARY PROSTHETIC DESIGNS FOR AMPUTEES, AND DEVELOPED A STORAGE AND TRACKING SYSTEM FOR EQUIPMENT USED BY VOLUNTEERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,797,272 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $38,550,213 | RevenueAmt |
| Desc | RESEARCH:- RESEARCH AWARDS RECEIVED IN FISCAL YEAR 2014 WERE $37.3 MILLION. IIT RECEIVED AWARDS IN THE AREAS OF SCIENCE, ENGINEERING, TECHNOLOGY, AND MATHEMATICS ALL OF WHICH ARE SYNERGISTIC WITH THE STRATEGIC PLAN. NOTABLY, THE ELECTRICAL AND COMPUTER ENGINEERING DEPARTMENT RECEIVED 16 AWARDS TOTALING $2.1 MILLION AND THE COMPUTER SCIENCE DEPARTMENT RECEIVED 21 AWARDS FOR $2.5 MILLION. ALSO, THE BIOLOGICAL CHEMICAL AND PHYSICAL SCIENCES DEPARTMENT RECEIVED 9 AWARDS FOR $1.3 MILLION, CHEMICAL AND BIOLOGICAL ENGINEERING 14 AWARDS TOTALING $5.8 MILLION, MECHANICAL AEROSPACE AND MATERIAL ENGINEERING 50 AWARDS TOTALING $3.7 MILLION, PHYSICS DEPARTMENT 33 AWARDS TOTALING $4.7 MILLION AND THE INSTITUTE OF PSYCHOLOGY 9 AWARDS FOR $3.4 MILLION. IN ADDITION, THE NATIONAL CENTER FOR FOOD SAFETY AND TECHNOLOGY RECEIVED 17 AWARDS TOTALING $6.3 MILLION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $21,380,309 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $8,445,641 | RevenueAmt |
| Desc | 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 PROVOST'S OFFICE OFFERS SEVERAL PROGRAMS THAT PROVIDE ADVISING AND COUNSELING. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $19,766,454 | $0 | $23,040,916 | STUDENT SERVICES:- THIS PROGRAM PROVIDES HEALTH, ACADEMIC, TRANSITIONAL ASSISTANCE, STUDENT ORIENTATION AND OTHER STUDENT SERVICES INCLUDING THE STUDENT FINANCE CENTER, ADMISSIONS, AND REGISTRATION. IN ADDITION, THESE SERVICES ALSO INCLUDE THE DEAN OF STUDENTS AND STUDENT ACTIVITIES AND MINORITY PROGRAMS. |
| $10,744,911 | $0 | $13,243,842 | AUXILIARY SERVICES:- THIS PROVIDES FOR CAMPUS HOUSING AND DINING FOR THE STUDENTS AND INCLUDES RESIDENCE HALLS AND A DINING ROOM, APARTMENT-STYLE BUILDINGS, FIVE FRATERNITY HOUSES, AND TWO SORORITY HOUSES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $30,511,365 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $36,284,758 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $272,590,548 | 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 |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| 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 | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | 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 |
| IRP Document | 6826 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4412 | 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 | FR | ForeignCountryCd |
| Foreign Country | IN | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 67 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 63 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | 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 | FL | StatesWhereCopyOfReturnIsFldCd |
| 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 | BRIAN LAFFEY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3125673677 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3424 SOUTH STATE STREET TC-4TH FL | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (94 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| ALAN W WENDORF | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| CRAIG J DUCHOSSOIS | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| DAVID J VITALE | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| EDWARD L KAPLAN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| JOHN ANDERSON | ||||||||||
| PRESIDENT | 38.75 | 0.00 | Yes (X) | Yes (X) | $834,571 | $0 | $34,867 | |||
| VICTOR A MORGENSTERN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| A STEVEN CROWN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ADRIAN R NEMCEK | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALVIN L GORMAN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREA L BERRY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANDREW V AGOSTINI | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ANITA M NAGLER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| BERNARD F SERGESKETTER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRUCE C LIIMATAINEN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| BRYAN R DUNN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CARL S SPETZLER PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CAROLE BROWE SEGAL | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DAVID L CROWELL | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DIRK LOHAN FAIA | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DONALD E GOSS | ||||||||||
| TRUSTEE; LEFT BOARD DURING FY14. | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| EDWARD L MONSER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| EFTHIMOS J STOJKA | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELLEN JORDAN REIDY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ELZIE L HIGGINBOTTOM | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ERIC C LARSON | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK H BROD | ||||||||||
| TRUSTEE; LEFT BOARD DURING FY14. | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| GIUSEPPE CALABRESE | ||||||||||
| TRUSTEE; LEFT BOARD DURING FY14. | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| HAROLD SINGLETON III | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES E COWIE | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES HILL JR | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES R GAGNARD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMES W KILEY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JAMSHYD N GODREJ | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFERY A KARP | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOEL D KRAUSS | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN G OLIN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN H KREHBIEL JR | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN P CALAMOS SR | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN TRACY PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JOHN W ROWE | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| JULES F KNAPP | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| KAARINA KOSKENALUSTA | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MADHAVAN NAYAR | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARC R HANNAH PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARTIN C JISCHKE PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARTIN COOPER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL A PULLICK | ||||||||||
| TRUSTEE; LEFT BOARD DURING FY14. | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL J PACILIO | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL P GALVIN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MICHAEL S ALI | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| NORBERT O KAISER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PATRICK J KELLY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL D MCCOY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL F MCKENZIE PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PRISCILLA ANNE WALTER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| RAJ P GUPTA | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| RALPH WANGER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| RICHARD M JAFFEE | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT A CORNOG | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT J POTTER PHD | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT J WASHLOW | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT L GROWNEY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROSEMARIE MITCHELL | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| S CHRISTOPHER GLADWIN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SHERRIE B LITTLEJOHN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS A DEMETRIO | ||||||||||
| TRUSTEE; LEFT BOARD DURING FY14. | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| THOMAS E LANCTOT | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| VICTOR LO | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WALTER NATHAN | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM A VASANTEN JR | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM C BARTHOLOMAY | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM FARROW | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ALAN CRAMB | ||||||||||
| PROVOST | 38.75 | 0.00 | Yes (X) | $492,819 | $0 | $40,999 | ||||
| ANTHONY D'AMATO | ||||||||||
| VICE PRES, GENR'L CNSL & SEC | 38.75 | 0.00 | Yes (X) | $220,731 | $0 | $26,014 | ||||
| BETSY HUGHES | ||||||||||
| VICE PRES, INST ADVANCEMENT | 38.75 | 0.00 | Yes (X) | $327,155 | $0 | $40,999 | ||||
| BRUCE WATTS | ||||||||||
| VP FACILITIES & PUBLIC SAFETY | 38.75 | 0.00 | Yes (X) | $242,438 | $0 | $9,078 | ||||
| DARSH WASAN | ||||||||||
| VICE PRES & MOTOROLA PROFESSOR | 38.75 | 0.00 | Yes (X) | $277,102 | $0 | $34,867 | ||||
| DAVID BAKER | ||||||||||
| VICE PRESIDENT, EXTERNAL AFF | 38.75 | 0.00 | Yes (X) | $226,398 | $0 | $20,131 | ||||
| JEANNE HARTIG | ||||||||||
| VP, MARKETING & COMMUNICATIONS | 38.75 | 0.00 | Yes (X) | $211,787 | $0 | $20,103 | ||||
| LEROY KENNEDY | ||||||||||
| VP, COMMUNITY AFFAIRS & OUTRCH | 38.75 | 0.00 | Yes (X) | $156,665 | $0 | $24,462 | ||||
| OPHIR TRIGALO | ||||||||||
| CHIEF INFORMATION OFFICER | 38.75 | 0.00 | Yes (X) | $251,588 | $0 | $40,999 | ||||
| PATRICIA LAUGHLIN | ||||||||||
| VICE PRES, FINANCE & ADMIN | 38.75 | 0.00 | Yes (X) | $311,352 | $0 | $34,867 | ||||
| ROBERT BRACKETT | ||||||||||
| VICE PRESIDENT/PROFESSOR | 38.75 | 0.00 | Yes (X) | $286,208 | $0 | $28,925 | ||||
| HAROLD KRENT | ||||||||||
| DEAN & PROFESSOR OF LAW | 38.75 | 0.00 | $339,000 | $0 | $40,195 | Yes (X) | ||||
| HARVEY KAHALAS | ||||||||||
| DEAN/PROFESSOR OF MGMT | 38.75 | 0.00 | $431,303 | $0 | $34,867 | Yes (X) | ||||
| NATACHA DEPAOLA | ||||||||||
| DEAN, ARMOUR COLLEGE OF ENGRNG | 38.75 | 0.00 | $406,269 | $0 | $40,999 | Yes (X) | ||||
| RUSSELL BETTS | ||||||||||
| DEAN, COLLEGE OF SCIENCE | 38.75 | 0.00 | $333,223 | $0 | $22,950 | Yes (X) | ||||
| WIEL ARETS | ||||||||||
| DEAN, JOHN & JEANNE ROWE CHAIR | 38.75 | 0.00 | $380,675 | $0 | $0 | Yes (X) | ||||
| HAMID ARASTOOPOUR | ||||||||||
| DIRECTOR, WISER/PROFESSOR | 38.75 | 0.00 | $285,907 | $0 | $37,687 | Yes (X) | ||||
| LORI ANDREWS | ||||||||||
| DIST PROFESSOR OF LAW | 38.75 | 0.00 | $253,040 | $0 | $32,924 | Yes (X) | ||||
| MOHAMMAD SHAHIDEHPOUR | ||||||||||
| PROF/DIR SG CTR/ASCO DIR WISER | 38.75 | 0.00 | $315,055 | $0 | $40,999 | Yes (X) | ||||
| RICHARD KLING | ||||||||||
| CLINICAL PROFESSOR | 38.75 | 0.00 | $265,041 | $0 | $19,954 | Yes (X) | ||||
| VINCENT TURITTO | ||||||||||
| PRITZKER PROF/DIR PRITZKER INS | 38.75 | 0.00 | $266,144 | $0 | $33,380 | Yes (X) | ||||
| DONNA ROBERTSON | ||||||||||
| JOHN & JEANNE ROWE PROFESSOR | 38.75 | 0.00 | $238,963 | $0 | $36,599 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $7,353,434 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $696,865 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 292 | 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/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SODEXO INC AND AFFILIATES | |||||
| 4880 PAYSHERE CIRCLE | CHICAGO | IL | 60674 | FOOD SERVICE | $5,541,599 |
| ABM JANITORIAL MIDWEST INC | |||||
| 75 REMITTANCE DRIVE SUITE 3011 | CHICAGO | IL | 606753011 | JANITORIAL | $2,875,168 |
| APEX3 SECURITY | |||||
| 8750 WEST BRYN MAWR AVE STE 1000 | CHICAGO | IL | 60631 | PUBLIC SAFETY | $2,362,162 |
| CRB FEDERAL LLC | |||||
| 17190 BERNARDO CENTER DRIVE | SAN DIEGO | CA | 92128 | PROPERTY MANAGEMENT | $2,204,949 |
| CDW GOVERNMENT INCORPORATED | |||||
| 75 REMITTANCE DRIVE SUITE 1515 | CHICAGO | IL | 60675 | INTEGRATED IT SOLUTIONS PROVIDER | $1,228,270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 96 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $218,686 | FundraisingAmt |
| Government Grants | $43,575,195 | GovernmentGrantsAmt |
| All Other Contributions | $18,429,837 | AllOtherContributionsAmt |
| Noncash Contributions | $8,124,610 | NoncashContributionsAmt |
| Total Contributions | $62,223,718 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| TUITION AND FEES | 900000 | $231,323,154 | $231,323,154 | |
| SALES & SERVICES OF AUXILIARY ENTERPRISES | 900000 | $13,243,842 | $13,012,664 | $231,178 |
| STUDENT SERVICES | 900000 | $23,040,916 | $23,040,916 | |
| EQUITY INTEREST ON IITRI | 900000 | $556,000 | $556,000 | |
| $0 |
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 | $268,163,912 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,496,352 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $7,681 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,488,671 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,673,173 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,192,274 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $480,899 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $480,899 | TotalRevenueColumnAmt |
| Exclusion | $480,899 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $49,423,000 | SecuritiesAmt |
| Other | $6,023,958 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $38,689,784 | SecuritiesAmt |
| Other | $4,589,069 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,733,216 | SecuritiesAmt |
| Other | $1,434,889 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,168,105 | TotalRevenueColumnAmt |
| Exclusion | $12,168,105 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $62,617 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $218,686 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $430,075 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$367,458 | TotalRevenueColumnAmt |
| Exclusion | -$367,458 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| Total Revenue ColumnTotalRevenueColumnAmt |
|---|
| $0 |
| $0 |
| $0 |
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 | $346,165,528 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $267,932,734 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $238,859 | UnrelatedBusinessRevenueAmt |
| Exclusion | $15,770,217 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,446,846 | TotalAmt |
| Program Services | $93,446,846 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,236,901 | TotalAmt |
| Program Services | $2,601,219 | ProgramServicesAmt |
| Management And General | $2,577,939 | ManagementAndGeneralAmt |
| Fundraising | $2,057,743 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,258 | TotalAmt |
| Program Services | $222,258 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,812,992 | TotalAmt |
| Program Services | $92,564,566 | ProgramServicesAmt |
| Management And General | $17,085,682 | ManagementAndGeneralAmt |
| Fundraising | $4,162,744 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,188,392 | TotalAmt |
| Program Services | $4,827,078 | ProgramServicesAmt |
| Management And General | $1,101,654 | ManagementAndGeneralAmt |
| Fundraising | $259,660 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,250,098 | TotalAmt |
| Program Services | $5,972,901 | ProgramServicesAmt |
| Management And General | $5,815,907 | ManagementAndGeneralAmt |
| Fundraising | $461,290 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,795,117 | TotalAmt |
| Program Services | $5,309,017 | ProgramServicesAmt |
| Management And General | $1,198,916 | ManagementAndGeneralAmt |
| Fundraising | $287,184 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510,593 | TotalAmt |
| Program Services | $30,069 | ProgramServicesAmt |
| Management And General | $480,524 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $443,525 | TotalAmt |
| Program Services | $5,000 | ProgramServicesAmt |
| Management And General | $438,525 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $240,000 | TotalAmt |
| Management And General | $240,000 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,284 | TotalAmt |
| Fundraising | $92,284 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,933 | TotalAmt |
| Management And General | $22,933 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,439,054 | TotalAmt |
| Program Services | $21,236,737 | ProgramServicesAmt |
| Management And General | $3,789,976 | ManagementAndGeneralAmt |
| Fundraising | $1,412,341 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,948 | TotalAmt |
| Program Services | $106,941 | ProgramServicesAmt |
| Management And General | $57,908 | ManagementAndGeneralAmt |
| Fundraising | $6,099 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,294,838 | TotalAmt |
| Program Services | $5,875,895 | ProgramServicesAmt |
| Management And General | $2,110,335 | ManagementAndGeneralAmt |
| Fundraising | $308,608 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,991,511 | TotalAmt |
| Program Services | $726,512 | ProgramServicesAmt |
| Management And General | $1,213,922 | ManagementAndGeneralAmt |
| Fundraising | $51,077 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,072,094 | TotalAmt |
| Program Services | $36,615,566 | ProgramServicesAmt |
| Management And General | $3,456,528 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,858,370 | TotalAmt |
| Program Services | $2,814,007 | ProgramServicesAmt |
| Management And General | $714,780 | ManagementAndGeneralAmt |
| Fundraising | $329,583 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $341,491 | TotalAmt |
| Program Services | $235,936 | ProgramServicesAmt |
| Management And General | $91,431 | ManagementAndGeneralAmt |
| Fundraising | $14,124 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,446,152 | TotalAmt |
| Management And General | $10,446,152 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,299,873 | TotalAmt |
| Management And General | $13,299,873 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $769,185 | TotalAmt |
| Management And General | $769,185 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | YEAR-END CLOSEOUT/OTHER | Desc |
| Total | $83,168 | TotalAmt |
| Management And General | $83,168 | 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 | $347,028,623 | TotalAmt |
| Program Services | $272,590,548 | ProgramServicesAmt |
| Management And General | $64,995,338 | ManagementAndGeneralAmt |
| Fundraising | $9,442,737 | FundraisingAmt |
Total Joint Costs TotalJointCostsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,919,053 | BOYAmt |
| EOY | $10,165,842 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,343,688 | BOYAmt |
| EOY | $15,961,289 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,290,136 | BOYAmt |
| EOY | $25,158,935 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,283,812 | BOYAmt |
| EOY | $3,589,383 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,618,361 | BOYAmt |
| EOY | $10,079,532 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,115,617 | BOYAmt |
| EOY | $4,892,265 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $472,661,271 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $228,873,004 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $253,035,110 | BOYAmt |
| EOY | $243,788,267 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,296,639 | BOYAmt |
| EOY | $218,864,607 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,950,270 | BOYAmt |
| EOY | $11,292,186 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,241,586 | BOYAmt |
| EOY | $14,797,586 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,082,252 | BOYAmt |
| EOY | $23,006,305 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,176,524 | BOYAmt |
| EOY | $581,596,197 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,140,551 | BOYAmt |
| EOY | $29,906,882 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,427,886 | BOYAmt |
| EOY | $13,113,481 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,340,000 | BOYAmt |
| EOY | $185,570,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,000,000 | BOYAmt |
| EOY | $14,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,188,655 | BOYAmt |
| EOY | $17,416,442 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,097,092 | BOYAmt |
| EOY | $260,006,805 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,730,059 | BOYAmt |
| EOY | $66,405,343 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,655,673 | BOYAmt |
| EOY | $47,999,200 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $201,693,700 | BOYAmt |
| EOY | $207,184,849 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $304,079,432 | BOYAmt |
| EOY | $321,589,392 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $564,176,524 | BOYAmt |
| EOY | $581,596,197 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$863,095 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,250,079 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $8,122,976 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| 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 |
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 | $240,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $240,000 | 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, Description of the activities reported on Lines 1a through 1i | FormAndLineReferenceDesc |
| Explanation | HOLLAND & KNIGHT REPRESENTED THE ILLINOIS INSTITUTE OF TECHNOLOGY BEFORE THE FEDERAL GOVERNMENT ON ISSUES RELATED TO FUNDING VARIOUS RESEARCH PROGRAMS WHILE ALL CIRCO INC PROVIDED STATE REPRESENTATION TO SUPPORT THE UNIVERSITY'S CAPITAL PROJECTS. IN ADDITION, IIT'S VICE PRESIDENT AND ASSISTANT VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL AND STATE OFFICIALS REGARDING SUCH MATTERS. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $221,908,302 | BeginningYearBalanceAmt |
| Contributions | $5,620,000 | ContributionsAmt |
| Investment Earnings Or Losses | $23,554,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,676,028 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,923,773 | OtherExpendituresAmt |
| Administrative Expenses | $2,500,000 | AdministrativeExpensesAmt |
| End Year Balance | $239,982,501 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $198,412,763 | BeginningYearBalanceAmt |
| Contributions | $4,754,000 | ContributionsAmt |
| Investment Earnings Or Losses | $29,442,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,621,416 | GrantsOrScholarshipsAmt |
| Other Expenditures | $6,079,045 | OtherExpendituresAmt |
| End Year Balance | $221,908,302 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $209,463,145 | BeginningYearBalanceAmt |
| Contributions | $10,130,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$8,180,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,853,838 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,146,544 | OtherExpendituresAmt |
| End Year Balance | $198,412,763 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $180,039,329 | BeginningYearBalanceAmt |
| Contributions | $16,875,000 | ContributionsAmt |
| Investment Earnings Or Losses | $25,097,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $7,863,412 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,684,772 | OtherExpendituresAmt |
| End Year Balance | $209,463,145 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $174,911,000 | BeginningYearBalanceAmt |
| Contributions | $8,014,000 | ContributionsAmt |
| Investment Earnings Or Losses | $26,465,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $10,471,823 | GrantsOrScholarshipsAmt |
| Other Expenditures | $18,878,848 | OtherExpendituresAmt |
| End Year Balance | $180,039,329 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.23000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.77000 | PrmnntEndowmentBalanceEOYPct |
| 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 | $24,165,463 | OtherCostOrOtherBasisAmt |
| Book Value | $24,165,463 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $361,564,692 | OtherCostOrOtherBasisAmt |
| Depreciation | $171,989,363 | DepreciationAmt |
| Book Value | $189,575,329 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,434,047 | OtherCostOrOtherBasisAmt |
| Depreciation | $56,883,641 | DepreciationAmt |
| Book Value | $25,550,406 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,497,069 | OtherCostOrOtherBasisAmt |
| Book Value | $4,497,069 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $243,788,267 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| ADVANCES FROM U.S. GOVERNMENT FOR STUDENT LOANS | $8,117,287 |
| OBLIGATION UNDER SPLIT INTEREST | $864,276 |
| DEPOSITS BY STUDENTS & OTHERS | $2,234,108 |
| POSTRETIREMENT BENEFIT OBLIGATION | $2,978,727 |
| ASSET RETIREMENT OBLIGATION | $3,222,044 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $17,416,442 | 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 COMMUNITY 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 | INCOME TAXES 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, 2014, 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 2008. |
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 6a, Financial aid or assistance from a governmental agency | DEPARTMENT OF EDUCATION:- -FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS -FEDERAL DIRECT LOANS -FEDERAL WORK STUDY PROGRAM -FEDERAL PERKINS LOAN PROGRAM -FEDERAL PELL GRANT PROGRAM 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 (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 1 | 1 | PROGRAM SERVICES | CLASS INSTRUCTION AND RECRUITING. | $226,750 |
| SOUTH ASIA | 1 | 1 | PROGRAM SERVICES | CLASS INSTRUCTION AND RECRUITING. | $161,204 |
| EAST ASIA AND THE PACIFIC | 2 | PROGRAM SERVICES | CONSULTANT FOR RECRUITING. | $305,409 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Spent | $693,363 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE F, PART I, LINE 3, DESCRIPTION OF ACTIVITY OUTSIDE UNITED STATES | EUROPE: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF FRENCH AND EUROPEAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY AND TO WELCOME VISITING STUDENTS FROM THE UNIVERSITY. SOUTH ASIA: TO FACILITATE IIT'S ABILITY TO DELIVER LONG DISTANCE INTERNET-BASED EDUCATIONAL PROGRAMS TO RESIDENTS OF VARIOUS CITIES IN INDIA. EAST ASIA AND PACIFIC: IIT HAS ENGAGED A CONSULTANT MAINLY FOR THE RECRUITMENT OF STUDENTS FOR THE CHICAGO CAMPUS. |
| Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements | EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH ASIA: ACCRUAL |
| Schedule F, Part I, Line 3, Method to account for expenditures on org.'s financial statements | EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL SOUTH ASIA: ACCRUAL |
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 |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt | Gross ReceiptsGrossReceiptsAmt |
|---|---|---|---|---|---|---|---|---|
| WASHBURN & MCGOLDRICK INC | ||||||||
| 950 NEW LOUDON ROAD SUITE 210 | LATHAM | NY | 12110 | CONSULT ON RAISING FUNDS | false | $67,590 | -$67,590 | |
| ARIA COMMUNICATIONS CORPORATION | ||||||||
| 717 WEST ST GERMAIN STREET | ST CLOUD | MN | 56301 | PHONE SOLICITING | false | $24,694 | $5,339 | $30,033 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $30,033 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $92,284 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$62,251 | TotalNetToOrganizationAmt |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | LAW ALUMNI DINNER | NameOfEvent1Amt |
| Gross Receipts Event1 | $165,370 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $121,710 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $43,660 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $12,831 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $89,418 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $2,850 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $48,328 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | MIES BENEFIT DINNER | NameOfEvent2Amt |
| Gross Receipts Event2 | $70,478 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $62,148 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $8,330 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $42,239 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $42,629 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $45,455 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $34,828 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $10,627 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $57,764 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $66,210 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $67,806 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $281,303 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $218,686 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $62,617 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $70,595 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $197,867 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $2,850 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $158,763 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $430,075 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$367,458 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART I, LINE 2B(V), AMOUNTS PAID TO FUNDRAISER | FormAndLineReferenceDesc |
| Explanation | WASHBURN & MCGOLDRICK WAS ENGAGED TO INCREASE PRIVATE PHILANTHROPIC SUPPORT FOR IIT'S OPERATING BUDGET, ENDOWMENT AND FACILITIES. THEY 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 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. ARIA COMMUNICATIONS CORPORATION CONDUCTED A TELEPHONE FUNDRAISING CAMPAIGN FOR IIT WHEREBY ARIA AGREED TO PROVIDE CONSULTATION RELATED TO THE CONCEPT, DESIGN AND STRATEGIES OF THE CAMPAIGN, TELEPHONE SOLICITATIONS TO INDIVIDUALS IDENTIFIED ON LISTS SUPPLIED BY IIT, AND DIRECT MAILINGS TO CERTAIN INDIVIDUALS. ARIA CHARGES FEES FOR SERVICES PROVIDED IN CONDUCTING THE TELEPHONE FUNDRAISING CAMPAIGNS. | ExplanationTxt |
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 | 6542 | RecipientCnt |
| Cash Grant | $93,446,846 | 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) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| 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 (23 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JOHN ANDERSON | ||||||||||||||
| PRESIDENT | $622,413 | $0 | $172,800 | $0 | $39,358 | $0 | $22,950 | $0 | $11,917 | $0 | $869,438 | $0 | $0 | $0 |
| ALAN CRAMB | ||||||||||||||
| PROVOST | $457,997 | $0 | $0 | $0 | $34,822 | $0 | $22,950 | $0 | $18,049 | $0 | $533,818 | $0 | $0 | $0 |
| HARVEY KAHALAS | ||||||||||||||
| DEAN/PROFESSOR OF MGMT | $407,046 | $0 | $0 | $0 | $24,257 | $0 | $22,950 | $0 | $11,917 | $0 | $466,170 | $0 | $0 | $0 |
| NATACHA DEPAOLA | ||||||||||||||
| DEAN, ARMOUR COLLEGE OF ENGRNG | $337,527 | $0 | $50,000 | $0 | $18,742 | $0 | $22,950 | $0 | $18,049 | $0 | $447,268 | $0 | $0 | $0 |
| WIEL ARETS | ||||||||||||||
| DEAN, JOHN & JEANNE ROWE CHAIR | $361,653 | $0 | $16,700 | $0 | $2,322 | $0 | $0 | $0 | $0 | $0 | $380,675 | $0 | $0 | $0 |
| HAROLD KRENT | ||||||||||||||
| DEAN & PROFESSOR OF LAW | $320,178 | $0 | $0 | $0 | $18,822 | $0 | $22,950 | $0 | $17,245 | $0 | $379,195 | $0 | $0 | $0 |
| BETSY HUGHES | ||||||||||||||
| VICE PRES, INST ADVANCEMENT | $292,495 | $0 | $33,418 | $0 | $1,242 | $0 | $22,950 | $0 | $18,049 | $0 | $368,154 | $0 | $0 | $0 |
| RUSSELL BETTS | ||||||||||||||
| DEAN, COLLEGE OF SCIENCE | $282,904 | $0 | $22,500 | $0 | $27,819 | $0 | $22,950 | $0 | $0 | $0 | $356,173 | $0 | $0 | $0 |
| MOHAMMAD SHAHIDEHPOUR | ||||||||||||||
| PROF/DIR SG CTR/ASCO DIR WISER | $312,733 | $0 | $0 | $0 | $2,322 | $0 | $22,950 | $0 | $18,049 | $0 | $356,054 | $0 | $0 | $0 |
| PATRICIA LAUGHLIN | ||||||||||||||
| VICE PRES, FINANCE & ADMIN | $291,788 | $0 | $0 | $0 | $19,564 | $0 | $22,950 | $0 | $11,917 | $0 | $346,219 | $0 | $0 | $0 |
| HAMID ARASTOOPOUR | ||||||||||||||
| DIRECTOR, WISER/PROFESSOR | $278,008 | $0 | $0 | $0 | $7,899 | $0 | $19,638 | $0 | $18,049 | $0 | $323,594 | $0 | $0 | $0 |
| ROBERT BRACKETT | ||||||||||||||
| VICE PRESIDENT/PROFESSOR | $282,644 | $0 | $0 | $0 | $3,564 | $0 | $22,950 | $0 | $5,975 | $0 | $315,133 | $0 | $0 | $0 |
| DARSH WASAN | ||||||||||||||
| VICE PRES & MOTOROLA PROFESSOR | $272,640 | $0 | $0 | $0 | $4,462 | $0 | $22,950 | $0 | $11,917 | $0 | $311,969 | $0 | $0 | $0 |
| VINCENT TURITTO | ||||||||||||||
| PRITZKER PROF/DIR PRITZKER INS | $244,499 | $0 | $0 | $0 | $21,645 | $0 | $22,265 | $0 | $11,115 | $0 | $299,524 | $0 | $0 | $0 |
| RICHARD KLING | ||||||||||||||
| CLINICAL PROFESSOR | $176,809 | $0 | $85,910 | $0 | $2,322 | $0 | $13,979 | $0 | $5,975 | $0 | $284,995 | $0 | $0 | $0 |
| OPHIR TRIGALO | ||||||||||||||
| CHIEF INFORMATION OFFICER | $250,346 | $0 | $0 | $0 | $1,242 | $0 | $22,950 | $0 | $18,049 | $0 | $292,587 | $0 | $0 | $0 |
| LORI ANDREWS | ||||||||||||||
| DIST PROFESSOR OF LAW | $235,097 | $0 | $14,500 | $0 | $3,443 | $0 | $21,809 | $0 | $11,115 | $0 | $285,964 | $0 | $0 | $0 |
| BRUCE WATTS | ||||||||||||||
| VP FACILITIES & PUBLIC SAFETY | $240,174 | $0 | $0 | $0 | $2,264 | $0 | $7,701 | $0 | $1,377 | $0 | $251,516 | $0 | $0 | $0 |
| ANTHONY D'AMATO | ||||||||||||||
| VICE PRES, GENR'L CNSL & SEC | $220,250 | $0 | $0 | $0 | $481 | $0 | $20,242 | $0 | $5,772 | $0 | $246,745 | $0 | $0 | $0 |
| DAVID BAKER | ||||||||||||||
| VICE PRESIDENT, EXTERNAL AFF | $222,653 | $0 | $0 | $0 | $3,745 | $0 | $20,131 | $0 | $0 | $0 | $246,529 | $0 | $0 | $0 |
| JEANNE HARTIG | ||||||||||||||
| VP, MARKETING & COMMUNICATIONS | $208,796 | $0 | $0 | $0 | $2,991 | $0 | $14,128 | $0 | $5,975 | $0 | $231,890 | $0 | $0 | $0 |
| LEROY KENNEDY | ||||||||||||||
| VP, COMMUNITY AFFAIRS & OUTRCH | $152,583 | $0 | $0 | $0 | $4,082 | $0 | $12,545 | $0 | $11,917 | $0 | $181,127 | $0 | $0 | $0 |
| DONNA ROBERTSON | ||||||||||||||
| JOHN & JEANNE ROWE PROFESSOR | $235,845 | $0 | $0 | $0 | $3,118 | $0 | $19,927 | $0 | $16,672 | $0 | $275,562 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| ILLINOIS FINANCE AUTHORITY | ||||||||
| A | 861091967 | 45200FYX1 | 2009-07-22 | $29,381,972 | RENOVATION OF FACILITIES | false | false | false |
| ILLINOIS FINANCE AUTHORITY | ||||||||
| B | 861091967 | 45200BYH5 | 2006-03-23 | $156,502,991 | REFINANCE & FACILITY RENOVAITON | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 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 | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $29,381,972 | $2,709,106 | $0 | $0 | $587,637 | $0 | $0 | $24,039,772 | $2,045,456 | $0 | 2011 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $156,502,991 | $0 | $0 | $103,705,558 | $1,418,858 | $0 | $0 | $51,378,575 | $0 | $0 | 2008 | Yes (true) | Yes (true) | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | Yes (true) |
| B | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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 | Term Of HedgeTermOfHedgePct | Term Of GICTermOfGICPct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | false | Yes (true) | false | false | false | false | Yes (true) | ||
| B | false | false | false | Yes (true) | false | false | false | false | Yes (true) | 0.0 | 0.0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Sch K, Part IV, Line 2c, ISSUER NAME: ILLINOIS FINANCE AUTHORITY: No Rebate Due. | THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON FEBRUARY 19, 2014. |
| Sch K, Part IV, Line 2c, ISSUER NAME: ILLINOIS FINANCE AUTHORITY: No Rebate Due. | THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON MARCH 23, 2011. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| LOHAN ANDERSON | |||
| TRUSTEE HAS OWNERSHIP INTEREST | $704,201 | ARCHITECTURAL AND DESIGN SERVICES | false |
| BURLING BUILDERS | |||
| TRUSTEE HAS OWNERSHIP INTEREST | $103,095 | CONSTRUCTION RELATED SERVICES | false |
| M ELLEN MITCHELL | |||
| INTERIM DEAN OF THE LEWIS COLLEGE IS A FAMILY MEMBER TO A CURRENT TRUSTEE | $222,258 | EMPLOYMENT | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV, BUSINESS TRANSACTIONS WITH INTERESTED PERSONS | FormAndLineReferenceDesc |
| Explanation | BUSINESS TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L, PART IV THE TRANSACTIONS LISTED IN SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS, WERE CONSISTENT WITH THE CONFLICT OF INTEREST POLICY DESCRIBED IN SCHEDULE O. ILLINOIS INSTITUTE OF TECHNOLOGY REQUIRES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY FOR ALL BUSINESS TRANSACTIONS WITH INTERESTED PERSONS. IN FY 2014, IN ADDITION TO BEING A TRUSTEE OF THE UNIVERSITY'S BOARD OF TRUSTEES, MR. LOHAN HAD AN OWNERSHIP INTEREST IN THE ARCHITECTURAL FIRM LOHAN ANDERSON, WHICH HAS BEEN AWARDED A CONTRACT, PURSUANT TO AN RFP, TO DESIGN THE RENOVATION OF THE UNIVERSITY'S ENGINEERING-1 BUILDING. SAID CONTRACT WAS ORIGINALLY AWARDED IN APRIL 2013, AND IT REMAINED IN FORCE IN FY 2014. IN FY 2014, IN ADDITION TO BEING A TRUSTEE OF THE UNIVERSITY, MR. HIGGINBOTTOM HAD AN OWNERSHIP INTEREST IN THE CONSTRUCTION FIRM BURLING BUILDERS, INC., WHICH WAS AWARDED A CONTRACT, PURSUANT TO AN RFP, TO CONSTRUCT AN ADA-COMPLIANT ENTRANCE RAMP AT THE HERMANN UNION BUILDING. IN FY 2014, BRYAN R. DUNN, TRUSTEE OF THE UNIVERSITY, WAS MARRIED TO M. ELLEN MITCHELL, WHO SERVED AS THE INTERIM DEAN OF THE LEWIS COLLEGE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 59 | ContributionCnt |
| Noncash Contributions Rpt F990 | $7,391,315 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | FURNITURE | 1 | $333,295 | SELLING COST |
| Yes (X) | ELECTRICAL EQUIPMENT | 1 | $400,000 | SELLING COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | 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 (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule M, Part I, Explanations of reporting method for number of contributions | SECURITIES - PUBLICLY TRADED: EACH SEPARATE GIFT HAS BEEN TREATED AS A CONTRIBUTION FOR THIS PURPOSE. OTHER: NUMBER OF CONTRIBUTIONS. OTHER: NUMBER OF CONTRIBUTIONS |
| Schedule M, part I, column (b), Line 9, Number of contributions or items contributed. | EACH SEPARATE GIFT HAS BEEN TREATED AS A CONTRIBUTION FOR THIS PURPOSE. |
| Schedule M, part I, column (b), Line other, Number of contributions or items contributed. | OTHER=FURNITURE : NUMBER OF CONTRIBUTIONS. |
| Schedule M, part I, column (b), Line other, Number of contributions or items contributed. | OTHER=ELECTRICAL EQUIPMENT : NUMBER OF CONTRIBUTIONS |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Sec A, Line 2, Family/business relationships amongst interested persons | JAMES E. COWIE, A. STEVEN CROWN, CRAIG J. DUCHOSSOIS, PATRICK J. KELLY - BUSINESS RELATIONSHIP, CRAIG J. DUCHOSSOIS, JAMES E COWIE, S. CHRISTOPHER GLADWIN, ROBERT L. GROWNEY, THOMAS E. LANCTOT, CAROLE BROWN SEAGAL - BUSINESS RELATIONSHIP, BRYAN R. DUNN, M. ELLEN MITCHELL - FAMILY RELATIONSHIP, JAMES R. GAGNARD, EFTHIMIOS J. STOJKA - BUSINESS RELATIONSHIP, RAJ P. GUPTA, CRAIG J. DUCHOSSOIS, JOHN P. CALAMOS, SR. - BUSINESS RELATIONSHIP, JEFFERY A. KARP, ALVIN L. GORMAN - BUSINESS RELATIONSHIP, PATRICK J. KELLY, JAMES E. COWIE, A. STEVEN CROWN, CRAIG J. DUCHOSSOIS, ELZIE L. HIGGINBOTTOM, JAMES W. KILEY - BUSINESS RELATIONSHIP, CAROLE BROWNE SEGAL, JAMIE E. COWIE - BUSINESS RELATIONSHIP |
| Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body | THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, AVP FINANCE & CONTROLLER, AND VICE PRESIDENT AND GENERAL COUNSEL. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS SENT TO THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW, FOLLOWED BY A CONFERENCE CALL FOR QUESTIONS AND ANSWERS. ONCE REVIEWED BY THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE, THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION SIGNS THE FORM 990. |
| Form 990, Part VI, Sec B, 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 DOCUMENT THE CONFLICT OF INTEREST INSTANCES. |
| Form 990, Part VI, Sec B, Line 15a, Process to establish compensation of top management official | THE BOARD OF TRUSTEES (BOT) HAS ESTABLISHED A 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, Sec B, 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 THE COMPENSATION COMMITTEE BY THE BOARD OF TRUSTEES. THE COMMITTEE 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, Sec C, 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 | REVERSE FOR SCHOLARSHIPS REFLECTED IN GROSS TUITION - -85969934; REVERSE FOR GRANTS AND SCHOLARSHIPS PAID - 93446846; CHANGE IN ASSET RETIREMENT OBLIGATION, NET - 646064; |
| , CONSOLIDATED AUDIT REPORT | THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS AND NO SEPARATE COMPANY AUDIT REPORT IS AVAILABLE. |
| Schedule M, part I, column (b), Line other, Number of contributions or items contributed. | OTHER=FURNITURE : NUMBER OF CONTRIBUTIONS. |
| Schedule M, part I, column (b), Line other, Number of contributions or items contributed. | OTHER=ELECTRICAL EQUIPMENT : NUMBER OF CONTRIBUTIONS |
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 | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 WEST 35TH STREET | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
| 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Postal CodeForeignAddress/PostalCode | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PERPETUAL TRUST (10) BENEFICIAL INTEREST IN DONOR TRUSTS | ||||||||||||
| DISTRIBUTION OF TRUST ASSETS TO BENEFICIARIES | N/A | TRUST | ||||||||||
| ILLINOIS INSTITUTE OF TECHNOLOGY (INDIA) PRIVATE LTD | ||||||||||||
| FACILITATES EDUCATIONAL PROGRAMS | C CORPORATION | 2 MSR INDUSTRIAL ESTATS MATHIKERE | BANGALORE | IN | 560054 | IN | ILLINOIS INSTITUTE OF TECHNOLOGY | $684,934 | $218,592 | 1 | Yes (true) | |
| ILLINOIS INSTITUTE OF TECHNOLOGY-FRANCE (TERMINATED DEC 2014) | ||||||||||||
| RECRUITING STUDENTS | C CORPORATION | 77 RUE LAFAYETTE | PARIS | FR | 75009 | FR | ILLINOIS INSTITUTE OF TECHNOLOGY | $0 | $3,456 | 1 | Yes (true) | |
| 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 (6 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| IIT RESEARCH INSTITUTE | ||
| A | $478,753 | FMV |
| IIT RESEARCH INSTITUTE | ||
| J | $164,962 | FMV |
| IIT RESEARCH INSTITUTE | ||
| L | $690,966 | FMV |
| IIT RESEARCH INSTITUTE | ||
| Q | $1,473,914 | FMV |
| IIT FRANCE | ||
| P | $226,750 | FMV |
| IIT INDIA | ||
| P | $161,204 | FMV |