NORTH CENTRAL COLLEGE: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: NORTH CENTRAL COLLEGE (EIN 36-2169157)
Tax period: 2013-07-01 to 2014-06-30
Filed: 2015-02-16
IRS object ID: 201530479349301123
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

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-02-16T10:10:52-05:00	ReturnTs
Tax Period End	2014-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	GRANT THORNTON LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	175 W JACKSON BLVD STE 2000	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	60604	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362169157	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	North Central College	BusinessNameLine1

Field	Value	IRS element (for citing)
In Care Of	% PAUL H LOSCHEIDER	InCareOfNm
Business Name Control	NORT	BusinessNameControlTxt
Phone	6306375680	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	30 N Brainard Street	AddressLine1
Address Line2	Suite	AddressLine2
City	Naperville	City
State	IL	State
ZIP Code	60540	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAUL H LOSCHEIDER	PersonNm
Person Title	VP OF BUS AFFAIRS	PersonTitleTxt
Phone	6306375680	PhoneNum
Signature	2015-02-11	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Bridget T Roche	PreparerPersonNm
PTIN	P00666837	PTIN
Phone	6306375680	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Troy Hammond	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	30 N Brainard Street	AddressLine1
City	Naperville	City
State	IL	State
ZIP Code	60540	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$130,968,781	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.northcentralcollege.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1861	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	North Central College is a community of learners dedicated to preparing students to be informed, involved, principled and productive citizens and leaders over their lifetime.	ActivityOrMissionDesc
Voting Members Governing Body	33	VotingMembersGoverningBodyCnt
Voting Members Independent	26	VotingMembersIndependentCnt
Total Employee	2007	TotalEmployeeCnt
Total Volunteers	32	TotalVolunteersCnt
Total Gross UBI	$283,231	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	-$35,040	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$5,441,179	PYContributionsGrantsAmt
CY Contributions Grants	$7,845,662	CYContributionsGrantsAmt
PY Program Service Revenue	$96,701,666	PYProgramServiceRevenueAmt
CY Program Service Revenue	$102,346,512	CYProgramServiceRevenueAmt
PY Investment Income	$5,368,948	PYInvestmentIncomeAmt
CY Investment Income	$4,760,287	CYInvestmentIncomeAmt
PY Other Revenue	$1,672,295	PYOtherRevenueAmt
CY Other Revenue	$1,741,268	CYOtherRevenueAmt
PY Total Revenue	$109,184,088	PYTotalRevenueAmt
CY Total Revenue	$116,693,729	CYTotalRevenueAmt
PY Grants And Similar Paid	$34,969,087	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$38,220,942	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$36,126,744	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$37,173,745	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$47,974	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$47,962	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$1,976,598	CYTotalFundraisingExpenseAmt
PY Other Expenses	$30,762,565	PYOtherExpensesAmt
CY Other Expenses	$30,406,521	CYOtherExpensesAmt
PY Total Expenses	$101,906,370	PYTotalExpensesAmt
CY Total Expenses	$105,849,170	CYTotalExpensesAmt
PY Revenues Less Expenses	$7,277,718	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$10,844,559	CYRevenuesLessExpensesAmt
Total Assets BOY	$258,589,347	TotalAssetsBOYAmt
Total Assets EOY	$279,981,381	TotalAssetsEOYAmt
Total Liabilities BOY	$56,381,067	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$56,080,584	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$202,208,280	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$223,900,797	NetAssetsOrFundBalancesEOYAmt
Mission	NORTH CENTRAL COLLEGE IS A COMMUNITY OF LEARNERS DEDICATED TO PREPARING STUDENTS TO BE INFORMED, INVOLVED, PRINCIPLED AND PRODUCTIVE CITIZENS AND LEADERS OVER THEIR LIFETIME. IN 2013-2014, THE COLLEGE SERVED OVER 3,048 FULL AND PART-TIME STUDENTS. 27 STATES AND U.S. TERRITORIES AND 32 FOREIGN COUNTRIES ARE REPRESENTED IN OUR STUDENT POPULATION. ABOUT 1,450 STUDENTS RESIDE ON THE COLLEGE CAMPUS EACH TERM. NORTH CENTRAL COLLEGE CONFERRED 706 UNDERGRADUATE DEGREES AND 113 MASTER'S DEGREES IN THE 2013-2014 ACADEMIC YEAR. THE COLLEGE ALSO SERVED APPROXIMATELY 6,200 PEOPLE IN NON-CREDIT EDUCATIONAL AND COMMUNITY PROGRAMS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$71,499,495	ExpenseAmt
Grant	$37,599,666	GrantAmt
Revenue	$87,829,015	RevenueAmt
Desc	Instruction, Academic Support & Financial Aid: Faculty instruction for degree candidates, community education, and master's degree programs are provided. 93% of the full-time teaching faculty members have a doctorate or terminal degree. Dean of faculty, continuing education, library services, disabilities support services, tutoring assistance, and academic computing are included in academic support. Oesterle library holds 277,116 items in the collections, and has subscription access to more than 80 databases of periodical and statistical information. Students have on-line access to their grades, schedule, and communicate with faculty and classmates via blackboard. Faculty serve as student advisors.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$13,265,763	ExpenseAmt
Revenue	$14,306,381	RevenueAmt
Desc	Auxiliary Services: Auxiliary Services include residence life, student housing, and food services. Facilities include Kaufman (a full service dining hall), The Cage (a quick service cook-to-order facility), and The Boilerhouse Cafe. The bookstore, college union, and student gathering spaces are also included in auxiliary service. More than 1,450 of the full-time students choose to live in college owned or leased properties. 95% of resident students are required to purchase a meal plan.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$12,054,002	ExpenseAmt
Desc	Student Services and Athletics: Offices servicing the student body include admissions, international recruiting, financial aid administration expense, registrar, dean of students, ministry and service, community services, career development, the wellness center, student involvement, orientation, multicultural affairs, and athletic activities. Community service projects such as Habitat for Humanity are common pursuits during the December d-term and spring break. NCC maintains 22 NCAA Division III programs (11 male and 11 female varsity sports) and has won 30 team national championships.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$96,819,260	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	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	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	Yes (true)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	false	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	Yes (true)	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	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	4261	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	2007	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	false	ForeignFinancialAccountInd
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	33	GoverningBodyVotingMembersCnt
Independent Voting Member	26	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
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	PAUL H LOSCHEIDER	PersonNm
Phone	6306375678	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	30 N BRAINARD STREET	AddressLine1
City	Naperville	City
State	IL	State
ZIP Code	60540	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
Ms Esther T Benjamin
Trustee	1.0	Yes (X)	$0	$0	$0
Ms Erin L Bishop
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Matthew S Brill
Trustee	1.0	Yes (X)	$0	$0	$0
Mr James J Boyne
Trustee	1.0	Yes (X)	$0	$0	$0
Bishop Sally Dyck
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Kevin M Gensler
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Thomas Gruenwald
Trustee	1.0	Yes (X)	$0	$0	$0
Mrs Nancy Hanson
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Steven H Hoeft
Chairman of the Board	1.0	Yes (X)	$0	$0	$0
Ms Holly Humphrey
Trustee, Vice Chair Acdmc Aff.	1.0	Yes (X)	$0	$0	$0
Mr Peter P Jones
Trustee	1.0	Yes (X)	$0	$0	$0
Bishop Hee-Soo Jung
Trustee	1.0	Yes (X)	$0	$0	$0
Mr David W Kelsch
Vice Chair, Business Affairs	1.0	Yes (X)	$0	$0	$0
Mrs Michele Kenaga
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Ray Kinney
Trustee	1.0	Yes (X)	$0	$0	$0
Mrs Susan Koranda
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Ronald Leuptow
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Joseph Mallon
Trustee, Chair Audit Committee	1.0	Yes (X)	$0	$0	$0
Mr James A McDermet
Trustee	1.0	Yes (X)	$0	$0	$0
Ms Holly I Myers
Trustee, Board Secretary	1.0	Yes (X)	$0	$0	$0
Mr Michael R Naset
Trustee	1.0	Yes (X)	$0	$0	$0
Ms Lori Novak
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Jeff Oesterle
Trustee, Vice Chair, Inst Adv.	1.0	Yes (X)	$0	$0	$0
Mr Steven Rubin
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Stephen T Sellers
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Donald Sharp
Trustee	1.0	Yes (X)	$0	$0	$0
Dr Jeffrey K Swallow
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Scott Wehrli
Trustee	1.0	Yes (X)	$0	$0	$0
Dr Herman B White Jr
Trustee, Vice Chair, Stdt Aff.	1.0	Yes (X)	$5,000	$0	$0
Mr Robert A Wislow
Trustee	1.0	Yes (X)	$0	$0	$0
Mr Lee Woolley
Trustee	1.0	Yes (X)	$0	$0	$0
Miss Maria E Wynne
Trustee	1.0	Yes (X)	$0	$0	$0
Dr Troy Hammond
President effective 1/1/13	60.0	Yes (X)	$348,190	$0	$67,693	Yes (X)
Dr Harold R Wilde
President Emeritus	60.0	Yes (X)	$1,028,700	$0	$38,060	Yes (X)
Ms Laurie Hamen
VP for Enrollment Management	60.0		$220,112	$0	$21,054	Yes (X)
Mr Paul Loscheider
VP for Business Affairs	60.0		$208,537	$0	$39,543	Yes (X)
Dr R Devadoss Pandian
VP for Academic Affairs	60.0		$222,069	$0	$33,331	Yes (X)
Mr Rick E Spencer
VP Institutional Advancement	60.0		$210,881	$0	$39,625	Yes (X)
Mr Martin Sauer
Dean of Admissions/Fin Aid	60.0		$151,086	$0	$51,192	Yes (X)
Ms Kimberly Sluis
Dean of Students	60.0		$101,259	$0	$9,944	Yes (X)
Dr Peter Barger
Dean of Graduate & Cont Educ	50.0		$127,374	$0	$72,215		Yes (X)
Dr Marti Bogart
Prof of Econ/Associate Dean	50.0		$132,506	$0	$51,466		Yes (X)
Dr Francine Navakas
Prof of English/Associate Dean	50.0		$144,165	$0	$30,554		Yes (X)
Bruce Nortell
Director of Planned Giving	50.0		$130,035	$0	$22,400		Yes (X)
Dr Richard Wilders
Prof of Math/Associate Dean	50.0		$149,319	$0	$27,437		Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$3,179,233	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$504,514	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	29	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	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
The Millard Group Total
94346 Eagle Way	CHICAGO	IL	60678	Cleaning Services	$837,910
Holabird Root LLC
140 S Dearborn St	CHICAGO	IL	60603	Architecture	$808,395
Royall Company
1920 E Parnham Rd	RICHMOND	VA	23228	Admission Marketing	$505,767
Ellucian Inc
4375 Fair Lakes Ct	FAIRFAX	VA	22033	Software Management	$261,711
Minuteman Press
1577 Naperville/Wheaton Rd	NAPERVILLE	IL	60563	Printing	$237,909

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	23	CntrctRcvdGreaterThan100KCnt
Government Grants	$1,558,847	GovernmentGrantsAmt
All Other Contributions	$6,286,815	AllOtherContributionsAmt
Noncash Contributions	$733,827	NoncashContributionsAmt
Total Contributions	$7,845,662	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION (INCLUDING FINANCIAL AID)	812900	$86,426,247	$86,426,247
COMMUNITY EDUCATION	812900	$793,805	$582,689	$211,116
STUDENT HOUSING/AUXILARY ENTERPRISES	812900	$14,306,381	$14,306,381
STUDENT FEES	900099	$490,908	$490,908
OTHER ATHLETIC, ACADEMIC, AND ADMIN	900099	$329,171	$329,171

Field	Value	IRS element (for citing)
Total Program Service Revenue	$102,346,512	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,202,031	TotalRevenueColumnAmt
Exclusion	$2,202,031	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	$509,815	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$112,786	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$397,029	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$397,029	TotalRevenueColumnAmt
Unrelated Business Revenue	$72,115	UnrelatedBusinessRevenueAmt
Exclusion	$324,914	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$16,720,522	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$14,113,840	SecuritiesAmt
Other	$48,426	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,606,682	SecuritiesAmt
Other	-$48,426	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,558,256	TotalRevenueColumnAmt
Exclusion	$2,558,256	ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

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)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
THEATRE GATE RECEIPTS	711130	$1,050,260	$1,050,260
PARKING FEES/FINES	812930	$196,369	$196,369
ATHLETIC GATE RECEIPTS	812900	$77,935	$77,935

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$19,675	TotalRevenueColumnAmt
Exclusion	$19,675	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,344,239	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$116,693,729	TotalRevenueColumnAmt
Related Or Exempt Func Income	$102,135,396	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$283,231	UnrelatedBusinessRevenueAmt
Exclusion	$6,429,440	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	$37,599,666	TotalAmt
Program Services	$37,599,666	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$621,276	TotalAmt
Program Services	$621,276	ProgramServicesAmt

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	$1,396,598	TotalAmt
Program Services	$925,551	ProgramServicesAmt
Management And General	$228,210	ManagementAndGeneralAmt
Fundraising	$242,837	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$242,042	TotalAmt
Program Services	$94,634	ProgramServicesAmt
Management And General	$97,523	ManagementAndGeneralAmt
Fundraising	$49,885	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$27,446,463	TotalAmt
Program Services	$24,526,580	ProgramServicesAmt
Management And General	$2,111,220	ManagementAndGeneralAmt
Fundraising	$808,663	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$2,260,890	TotalAmt
Program Services	$1,964,269	ProgramServicesAmt
Management And General	$197,929	ManagementAndGeneralAmt
Fundraising	$98,692	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$3,915,570	TotalAmt
Program Services	$2,442,603	ProgramServicesAmt
Management And General	$1,348,427	ManagementAndGeneralAmt
Fundraising	$124,540	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,912,182	TotalAmt
Program Services	$1,757,323	ProgramServicesAmt
Management And General	$143,110	ManagementAndGeneralAmt
Fundraising	$11,749	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	$118,322	TotalAmt
Program Services	$42,175	ProgramServicesAmt
Management And General	$76,147	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$70,455	TotalAmt
Program Services	$14,891	ProgramServicesAmt
Management And General	$55,564	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$13,667	TotalAmt
Fundraising	$13,667	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$47,962	TotalAmt
Fundraising	$47,962	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$613,637	TotalAmt
Program Services	$122,727	ProgramServicesAmt
Management And General	$490,910	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,553,823	TotalAmt
Program Services	$2,189,171	ProgramServicesAmt
Management And General	$314,596	ManagementAndGeneralAmt
Fundraising	$50,056	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$1,460,975	TotalAmt
Program Services	$1,010,960	ProgramServicesAmt
Management And General	$305,050	ManagementAndGeneralAmt
Fundraising	$144,965	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,851,985	TotalAmt
Program Services	$1,552,552	ProgramServicesAmt
Management And General	$208,584	ManagementAndGeneralAmt
Fundraising	$90,849	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$725,954	TotalAmt
Program Services	$715,220	ProgramServicesAmt
Management And General	$4,700	ManagementAndGeneralAmt
Fundraising	$6,034	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$32,165	TotalAmt
Program Services	$32,165	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$8,319,285	TotalAmt
Program Services	$7,736,545	ProgramServicesAmt
Management And General	$582,740	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,173,731	TotalAmt
Program Services	$955,889	ProgramServicesAmt
Management And General	$145,648	ManagementAndGeneralAmt
Fundraising	$72,194	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	$291,456	TotalAmt
Program Services	$250,116	ProgramServicesAmt
Management And General	$35,847	ManagementAndGeneralAmt
Fundraising	$5,493	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$842,525	TotalAmt
Program Services	$807,207	ProgramServicesAmt
Management And General	$35,318	ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$5,675,991	TotalAmt
Program Services	$5,438,054	ProgramServicesAmt
Management And General	$237,937	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$156,987	TotalAmt
Program Services	$153,792	ProgramServicesAmt
Management And General	$3,195	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
FOOD SERVICE	$3,274,200	$3,274,200
EQUIPMENT RENTAL	$1,164,308	$999,785	$112,130	$52,393
HOSPITALITY	$1,134,408	$904,365	$133,578	$96,465
DUES AND SUBSCRIPTIONS	$696,880	$578,148	$58,578	$60,154

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$235,767	TotalAmt
Program Services	$109,396	ProgramServicesAmt
Management And General	$126,371	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$105,849,170	TotalAmt
Program Services	$96,819,260	ProgramServicesAmt
Management And General	$7,053,312	ManagementAndGeneralAmt
Fundraising	$1,976,598	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$8,872,935	BOYAmt
EOY	$22,777,628	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,280,043	BOYAmt
EOY	$2,778,206	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,934,946	BOYAmt
EOY	$4,093,840	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	$4,290,868	BOYAmt
EOY	$4,661,457	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,634,578	BOYAmt
EOY	$1,582,457	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$185,308,263	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$58,158,724	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$129,526,148	BOYAmt
EOY	$127,149,539	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$97,960,676	BOYAmt
EOY	$110,992,215	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$7,714,563	BOYAmt
EOY	$5,522,958	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$374,590	BOYAmt
EOY	$423,081	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$258,589,347	BOYAmt
EOY	$279,981,381	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,774,039	BOYAmt
EOY	$6,836,339	EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$954,773	BOYAmt
EOY	$977,007	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$41,500,000	BOYAmt
EOY	$41,500,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,152,255	BOYAmt
EOY	$6,767,238	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$56,381,067	BOYAmt
EOY	$56,080,584	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$137,594,469	BOYAmt
EOY	$152,691,581	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$22,929,455	BOYAmt
EOY	$28,957,913	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$41,684,356	BOYAmt
EOY	$42,251,303	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$202,208,280	BOYAmt
EOY	$223,900,797	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$258,589,347	BOYAmt
EOY	$279,981,381	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$10,844,559	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$10,086,412	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$761,546	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)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

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)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	false	VolunteersInd
Paid Staff Or Management	false	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	false	DirectContactLegislatorsInd
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$13,667	OtherActivitiesAmt
Total Lobbying Expenditures	$13,667	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part II-B, Line 1i	FormAndLineReferenceDesc
Explanation	Part II-B, Line 1i DESCRIPTION OF LOBBYING ACTIVITIES $10,000 paid to Dixon and Company, Inc. for May and June professional lobbying fees. $3,295 paid to iWave for online research subscription. $372 paid to Illinois for lobbyist registration fees. The lobbyist we are using is sending letters and meeting with Illinois state government officials in connection with efforts to secure grants that would be used for funding a science center.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$96,838,694	BeginningYearBalanceAmt
Contributions	$802,185	ContributionsAmt
Investment Earnings Or Losses	$15,496,936	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,086,930	GrantsOrScholarshipsAmt
Other Expenditures	$2,275,738	OtherExpendituresAmt
Administrative Expenses	$295,423	AdministrativeExpensesAmt
End Year Balance	$109,479,724	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$91,274,932	BeginningYearBalanceAmt
Contributions	$1,267,004	ContributionsAmt
Investment Earnings Or Losses	$7,676,111	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$989,273	GrantsOrScholarshipsAmt
Other Expenditures	$2,120,591	OtherExpendituresAmt
Administrative Expenses	$269,489	AdministrativeExpensesAmt
End Year Balance	$96,838,694	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$94,092,598	BeginningYearBalanceAmt
Contributions	$2,296,389	ContributionsAmt
Investment Earnings Or Losses	-$2,014,713	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$868,206	GrantsOrScholarshipsAmt
Other Expenditures	$1,987,623	OtherExpendituresAmt
Administrative Expenses	$243,513	AdministrativeExpensesAmt
End Year Balance	$91,274,932	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$78,969,002	BeginningYearBalanceAmt
Contributions	$808,468	ContributionsAmt
Investment Earnings Or Losses	$17,217,140	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$794,674	GrantsOrScholarshipsAmt
Other Expenditures	$1,877,213	OtherExpendituresAmt
Administrative Expenses	$230,125	AdministrativeExpensesAmt
End Year Balance	$94,092,598	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$68,798,252	BeginningYearBalanceAmt
Contributions	$2,897,284	ContributionsAmt
Investment Earnings Or Losses	$10,133,552	InvestmentEarningsOrLossesAmt
Other Expenditures	$2,860,086	OtherExpendituresAmt
End Year Balance	$78,969,002	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.48000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.38000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.14000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	Yes (true)	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$330,000	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$7,598,268	OtherCostOrOtherBasisAmt
Book Value	$7,928,268	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	$530,000	InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis	$154,465,979	OtherCostOrOtherBasisAmt
Depreciation	$43,250,632	DepreciationAmt
Book Value	$111,745,347	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$21,291,792	OtherCostOrOtherBasisAmt
Depreciation	$14,908,092	DepreciationAmt
Book Value	$6,383,700	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,092,224	OtherCostOrOtherBasisAmt
Book Value	$1,092,224	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$127,149,539	TotalBookValueLandBuildingsAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
SPLIT INTEREST AGREEMENTS	$2,083,189
REFUNDABLE LOAN	$1,262,969
INTEREST RATE SWAP	$3,421,080

Field	Value	IRS element (for citing)
Total Liability	$6,767,238	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$89,293,261	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$10,086,412	NetUnrealizedGainsInvstAmt
Other Revenue	$112,786	OtherRevenueAmt
Revenue Not Reported	$10,199,198	RevenueNotReportedAmt
Revenue Subtotal	$79,094,063	RevenueSubtotalAmt
Other Revenues Not Included	$37,599,666	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$37,599,666	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$116,693,729	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$68,362,290	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$112,786	OtherExpensesIncludedAmt
Expenses Not Reported	$112,786	ExpensesNotReportedAmt
Expenses Subtotal	$68,249,504	ExpensesSubtotalAmt
Other Expenses Not Included	$37,599,666	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$37,599,666	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$105,849,170	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part III, Line 4	DESCRIPTION OF ORGANIZATION'S COLLECTIONS The North Central College archives consists of manuscripts, publications, photographs, audio-visual materials, artifacts, and other unique historical materials documenting the history of the college. The archives holds similar types of materials for two additional collections, the suburban studies archives (which seeks to document the transition of Chicago's west suburban region following World War II) and the papers of retired US Congressman Harris W Fawell. The North Central College archives' mission is to collect, organize, describe, preserve and make available for research materials on the history of the college and the local area as related to the college. The archives supports the college community's need for historical information and provides reference assistance to archival researchers on and off campus. North Central College's Oesterle Library Special Collections (independent of the archives) includes a collection of presidential and other famous persons signatures, a first editions collection of books, a unique collection of books on Chicago area history, and a set of books and sheet music for jazz. North Central College's art collection is on display throughout campus and includes a variety of media and artists, from Bronzes by Gustav Borglum and Christian Peterson to tapestry by aluma Helen Gamersfelder Naumann.
Schedule D, Part V, Line 4	INTENDED USES OF ENDOWMENT FUNDS The intended use of the organization's endowment funds include expending funds toward professional faculty chairs, scholarships, facilities maintenance, library enhancement, and departmental enhancement.
Schedule D, Part XI, Line 2d	Supplemental Description - Other Rental Expenses $112,786
Schedule D, Part XI, Line 4b	Supplemental Description - Other Financial Aid $37,599,666
Schedule D, Part XII, Line 2d	Supplemental Description - Other Rental Expenses $112,786
Schedule D, Part XII, Line 4b	Supplemental Description - Other Financial Aid $37,599,666

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

Publication of Racially Nondiscriminatory Policy The College's policy is one of non-discrimination with respect to the public served by the institution and with respect to the college personnel. Advertisements, brochures, publications, application for admissions, etc., contain a statement to the effect that the college does not discriminate on the basis of race, color, religion, gender, age, national origin, ancestry, marital status, sexual orientation, handicap, disability, veteran status or unfavorable discharge from military service. A classified advertisement is run once per term with the college's anti-discrimination policy.

Schedule E, Part I, Line 6a

Government Assistance North Central College applies for and receives educational grants, as approved on a case by case basis, from Federal and State agencies. The College also participates annually in Federal & State financial aid programs, specifically Pell, SEOG, Federal Work Study, Perkins, Federal Direct Loans, and various other state of Illinois grant programs for qualified students. The federal grants and loans are reported in the College's A-133 Single Audit.

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt	EmployeeEmployeeCnt
Central America and the Caribbean	Grantmaking	Study Abroad	$89,745
East Asia and the Pacific	Grantmaking	Study Abroad	$3,686
Europe (Including Iceland and Greenland)	Grantmaking	Study Abroad	$527,845
Europe (Including Iceland and Greenland)	Program Services	Recruitment	$7,300	2

Field	Value	IRS element (for citing)
Subtotal Employees	2	SubtotalEmployeesCnt
Total Employee	2	TotalEmployeeCnt
Subtotal Spent	$628,576	SubtotalSpentAmt
Total Spent	$628,576	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxt	Purpose Of GrantPurposeOfGrantTxt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
Central America and the Caribbean	Study Abroad	$89,745	WT
Europe (Including Iceland and Greenland)	Study Abroad	$527,845	WT

Field	Value	IRS element (for citing)
Total Other Org	20	TotalOtherOrgCnt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Sch. F Part I Line 1	FormAndLineReferenceDesc
Explanation	During the tax year, the College offered students study abroad opportunities in various foreign countries. When studying abroad, students are still eligible for all financial aid as if they were attending classes at the College. The college wires the funds on the students' behalf to these foreign institutions. The College also worked with two foreign agencies during the tax year. These agencies have helped the College recruit students from foreign countries.	ExplanationTxt

Schedule G IRS990ScheduleG

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

Fundraiser Activity Info FundraiserActivityInfoGrp

Field	Value	IRS element (for citing)
Person	Wilson-Bennett Tech Inc	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	206 W Plaza Blvd Suite C	AddressLine1
City	Cabot	City
State	AR	State
ZIP Code	72023	ZIPCode

Field	Value	IRS element (for citing)
Activity	Phonathon	ActivityTxt
Fundraiser Control Of Funds	false	FundraiserControlOfFundsInd
Gross Receipts	$119,623	GrossReceiptsAmt
Retained By Contractor	$47,962	RetainedByContractorAmt
Net To Organization	$71,661	NetToOrganizationAmt

Field	Value	IRS element (for citing)
Total Gross Receipts	$119,623	TotalGrossReceiptsAmt
Total Retained By Contractors	$47,962	TotalRetainedByContractorsAmt
Total Net To Organization	$71,661	TotalNetToOrganizationAmt
Licensed States	IL	LicensedStatesCd

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	Academic Scholarships & Grants	GrantTypeTxt
Recipient	2769	RecipientCnt
Cash Grant	$37,599,666	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2	FormAndLineReferenceDesc
Explanation	Procedure for Monitoring Use of Grant Funds Inside U.S. The College provides scholarships to students matriculating at the College; all funds issued to students are required to defray the cost of tuition and no student may use the funds for other than educational purposes. Since the students have no discretion in the use of the funds, the College does not need to monitor the grants once issued.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
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	Yes (true)	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 (12 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
Dr Troy Hammond
President effective 1/1/13	$242,859	$0	$58,290	$0	$47,041	$0	$0	$0	$67,693	$0	$415,883	$0	$0	$0
Dr Harold R Wilde
President Emeritus	$338,456	$0	$0	$0	$690,244	$0	$26,775	$0	$11,285	$0	$1,066,760	$0	$555,000	$0
Ms Laurie Hamen
VP for Enrollment Management	$194,458	$0	$25,000	$0	$654	$0	$20,122	$0	$932	$0	$241,166	$0	$0	$0
Mr Paul Loscheider
VP for Business Affairs	$164,809	$0	$25,000	$0	$18,728	$0	$20,181	$0	$19,362	$0	$248,080	$0	$0	$0
Dr R Devadoss Pandian
VP for Academic Affairs	$176,508	$0	$25,000	$0	$20,561	$0	$20,889	$0	$12,442	$0	$255,400	$0	$0	$0
Mr Rick E Spencer
VP Institutional Advancement	$184,004	$0	$25,000	$0	$1,877	$0	$20,122	$0	$19,503	$0	$250,506	$0	$0	$0
Dr Peter Barger
Dean of Graduate & Cont Educ	$124,667	$0	$2,000	$0	$707	$0	$13,090	$0	$59,125	$0	$199,589	$0	$0	$0
Dr Marti Bogart
Prof of Econ/Associate Dean	$127,747	$0	$4,000	$0	$759	$0	$13,800	$0	$37,666	$0	$183,972	$0	$0	$0
Dr Francine Navakas
Prof of English/Associate Dean	$139,973	$0	$2,500	$0	$1,692	$0	$15,493	$0	$15,061	$0	$174,719	$0	$0	$0
Bruce Nortell
Director of Planned Giving	$127,439	$0	$1,250	$0	$1,346	$0	$13,332	$0	$9,068	$0	$152,435	$0	$0	$0
Mr Martin Sauer
Dean of Admissions/Fin Aid	$146,597	$0	$4,000	$0	$489	$0	$14,424	$0	$36,768	$0	$202,278	$0	$0	$0
Dr Richard Wilders
Prof of Math/Associate Dean	$147,592	$0	$0	$0	$1,727	$0	$15,759	$0	$11,678	$0	$176,756	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a	Housing allowance or residence for personal use VALUE OF HOUSING PROVIDED TO THE PRESIDENT OF THE COLLEGE (NON-TAXABLE): IRS INSTRUCTIONS TO FORM 990 REQUIRE THAT THE FAIR MARKET VALUE OF HOUSING PROVIDED TO EMPLOYEES BY THEIR EMPLOYER BE REPORTED ON FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II. AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF NORTH CENTRAL COLLEGE IS REQUIRED TO RESIDE ON THE CAMPUS PREMISES. THE RESIDENCE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR REGULAR CARRYING ON OF COLLEGE BUSINESS. THE COLLEGE HAS DETERMINED THAT THE VALUE OF THE USE OF THIS PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT AS PROVIDED FOR IN INTERNAL REVENUE CODE SECTION 119. FOR TAX YEAR 2013, THE VALUE OF THE PRESIDENT'S USE OF THE RESIDENCE CONSERVATIVELY ESTIMATED TO BE $34,200. THIS ESTIMATED VALUE IS BASED ON THE FAIR RENTAL VALUE OF $4,275 PER MONTH FOR SIMILAR HOUSES IN THE AREA. DURING CALENDAR YEAR 2013, THE CURRENT PRESIDENT, DR. TROY D. HAMMOND AND HIS FAMILY, MADE THE RESIDENCE THEIR HOME FOR 8 MONTHS OF THE YEAR. SCHEDULE J, PART II, COLUMN (D) INCLUDES $34,200 OF NON-TAXABLE INCOME ASSOCIATED WITH THE USE OF THE RESIDENCE PROVIDED BY THE COLLEGE.
Schedule J, Part I, Line 1a	Health or social club dues or initiation fees Troy Hammond, College President, incurs an expense for country club dues in the amount of $6,490 and social club dues in the amount of $1,200. Such payments are generally provided based on the provisions of a services agreement. The payments for such items are nontaxable to the president, as they are used for College business. Schedule J, Part I, Line 1a Cleaning services An outside service is used as needed to provide other cleaning services necessary for the business function of the president's house. The payment for such items are nontaxable to the president, as the cleaning is in the public spaces of the house.
Schedule J, Part I, Line 4b	Supplemental nonqualified retirement plan The supplemental nonqualified 457(f) Retirement plan was discontinued. The Vice Presidents were given their final payouts in 2012. President Emeritus, Dr. Harold R. Wilde, was given his final net, after-tax, payout of $446,063 in December 2013. Effective November 1, 2013, the College established a new 457(b) deferred compensation plan with the President and Vice Presidents. The College is contractually obligated to maintain these balances in seperate accounts, as elected by the participants. These accounts are included in the College's investment securities and are available to the general creditors. The plan is funded by the participants. The College does not fund the plan at this time. The following individuals have each contributed $17,500 to the plan and the market value for each account at 6/30/14 was: i. Dr. Troy Hammond, President $18,645 ii. Mr. Paul Loscheider, VP for Business Affairs $18,888 iii. Mr. R.D. Pandian, VP for Academic Affairs $18,288

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
ILLINOIS FINANCE AUTHORITY
A	861091967	45200FNS4	2008-10-16	$17,000,000	See Part VI	false	false	false
Illinois Finance Authority
B	861091967	452001Q86	2005-05-31	$21,200,000	See Part VI	false	false	Yes (true)
Illinois Finance Authority
C	861091967	452001ZF0	2005-05-31	$36,500,000	See Part VI	false	false	Yes (true)

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Advance RefundingAdvanceRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$17,232,326	$0	$105,630	$0	$289,481	$420,342	$0	$16,351,973	$64,900	$0	2009	false	false	Yes (true)	Yes (true)
B	$3,400,000	$0	$21,200,000	$0	$0	$21,200,000	$0	$0	$0	$0	$0	$0	2000	Yes (true)	false	Yes (true)	Yes (true)
C	$7,000,000	$0	$36,500,000	$0	$0	$36,500,000	$0	$0	$0	$0	$0	$0	1999	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

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

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
Bank of America NA
A	false	false	false	Yes (true)	Yes (true)	29.9	false	false	false	0	false	false
0
B	false	Yes (true)	false	Yes (true)	false				false	0	false	false
Bank of America NA
C	false	Yes (true)	false	Yes (true)	Yes (true)	20.	false	false	false	0	false	false

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	false
B	false
C	false

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part I, Column F, Line B	Description of Purpose The 1999 Bonds (defined below) were issued to provide funds to several Section 501(c)(3) nonprofit organizations. The bonds were issued in the amount of $21,200,000. North Central College benefitted from $10,000,000 of the proceeds of the bonds. The issuer of the bonds changed the mandatory tender provisions of the indenture governing previously issued bonds (the "1999 Bonds") thereby resulting in the Variable Rate Demand Revenue Bonds, Series 1999 (ACI/Cultural Pooled Financing Program) originally issued by the Illinois Educational Facilities Authority on July 28, 1999 to be assumed to be reissued and currently refunded for Federal income tax purposes on May 31, 2005. The portion of the proceeds of the 1999 Bonds which were borrowed by North Central College were used to finance or reimburse the costs of the acquisition, construction, renovation, improvement and equipping of educational facilities.
Schedule K, Part I, Column F, Line C	Description of Purpose The 1998 Bonds (defined below) were issued to provide funds to several Section 501(c)(3) nonprofit organizations. North Central College benefitted from $15,000,000 of the proceeds of the Bonds. The bonds were issued in the amount of $36,500,000. The issuer of the bonds changed the mandatory tender provisions of the indenture governing previously issued bonds (the "1998 Bonds") thereby resulting in the Variable Rate Demand Revenue Bonds, Series 1998 (ACI/Cultural Pooled Financing Program) originally issued by the Illinois Educational Facilities Authority on March 25, 1998 to be assumed to be reissued and currently refunded for Federal income tax purposes on May 31, 2005. The portion of the proceeds of the 1998 Bonds which were borrowed by North Central College were used to finance or reimburse the costs of the acquisition, construction, renovation, improvement and equipping of educational facilities. In April of 2006, North Central College paid $500,000 of principal; therefore $14,500,000 is still outstanding.
Schedule K, Part II, Column A, Line 3	Total Proceeds of issue The issue price of the bond is $17,000,000. Investment earnings through the end of the project period were $232,326.
Schedule K, Part II, Column B, Line 3	Total Proceeds of issue The issue price of the bond is $21,200,000. North Central College benefitted from $10,000,000 of the proceeds of the bond. The $10,000,000 amount is inadvertently listed as $9,000,000 on the Form 8038 for the 1999 bond.
Schedule K, Part II, Column C, Line 3	Total Proceeds of issue The issue price of the bond is $36,500,000. North Central College benefitted from $15,000,000 of the proceeds of the bond. In April of 2006, North Central College paid $500,000 of principal; therefore $14,500,000 is still outstanding.
Schedule K, Part II, Column C, Line 11	Other Spent Proceeds Other spent proceeds includes Letter of Credit fees of $25,500 (paid 10/31/08 from the Project Fund), Letter of Credit fees of $19,650 (paid 7/21/09 from the Capital Interest fund), and $19,750 of Remarketing Fees (paid 11/3/09 from the Capital Interest fund).
Schedule K, Part III, Line 9	Written Procedures for NonQualified Bonds The organization did not have established written procedures to ensure that all nonqualified bonds are remediated in accordance with the requirements under sections 1.141-12 and 1.145-2 at year end. However, the organization adopted such procedures subsequent to year-end.
Schedule K, Part IV, Column A, Line 2c	Rebate Computation Date The rebate computation date of the bond was November 21, 2013.
Schedule K, Part IV, Column B, Line 2c	Rebate Computation Date The rebate computation date of the bond was September 3, 2004.
Schedule K, Part IV, Column C, Line 2c	Rebate Computation Date The rebate computation date of the bond was May 20, 2003.
Schedule K, Part V	Procedures to Undertake Corrective Action North Central College has not violated any applicable requirements for tax exempt bonds benefiting the College. The College worked with Bond Counsel to establish written procedures to ensure timely identification of Federal tax requirements and timely correction of any identified violations. These procedures are currently awaiting board approval.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

Field	Value	IRS element (for citing)
Person	NA	PersonNm
Relationship With Org	N/A	RelationshipWithOrgTxt
Cash Grant	$42,906	CashGrantAmt
Type Of Assistance	Merit Based	TypeOfAssistanceTxt
Assistance Purpose	Scholarship	AssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
Kevin Gensler
Board Member	$13,190	Law services	Yes (true)
David Kelsch
Board Member	$214,491	Technology	Yes (true)
Ray Kinney
Board Member	$240,677	Printing Services	Yes (true)
Robert Wislow
Board Member	$207,519	Professional Services	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule L, Part III

Grants or Assistance Benefiting Interested Persons Although there may be recipients who are related to persons having an interest in the institution, such recipients are selected on an equal, objectively determinable basis with other recipients. All students receiving scholarships and fellowships are judged worthy by the institution's assessment on the basis of academic achievement, financial need and other similar standards. Any scholarship committee member who has a relationship with any potential recipient of scholarship money is not included in the selection process for that particular candidate.

Schedule L, Part IV

Business Transactions with Interested Persons Kevin Gensler is a trustee of the board of North Central College, he is also a partner of the law firm Dommermuth, Cobine, West, Gensler, Philipchuck, Corrigan, & Bernhard, Ltd. During the 2014 fiscal year, NCC paid $13,190 for professional services. The business transaction between North Central College and Dommermuth, Cobine, West, Gensler, Philipchuck, Corrigan & Bernhard, Ltd. was conducted at arm's length and a fair market value price was provided to the college for services provided. David Kelsch is a trustee of the board of North Central College, he is also the President and CEO of Advanced Data Technologies Inc. North Central College paid Advanced Data Tech $214,491 for professional services during fiscal year 2014. The business transaction between North Central College and Advanced Data Technologies Inc was conducted at arm's length, and a fair market value price was provided to the college for the services provided. Ray Kinney is a trustee of the board of North Central College, he is also a Principal of Minuteman Press and substantial shareholder of the company. Additionally, Ray Kinney is an officer of Maclyn Group and Blooming Color. North Central College paid Minuteman Press $237,909, Maclyn Group $0 and Blooming Color $2,767 in fiscal year 2014 for their services, (IN AGGREGATE A TRANSACTION OF $240,676). The business transaction between North Central College, Minuteman Press, Maclyn Group and Blooming Color was conducted at arm's length, and a fair market value price was provided to the college for the services provided. Robert Wislow is a trustee of the board of North Central College. He is also the Chairman/CEO of U.S. Equities Reality. During the 2014 fiscal year, NCC paid $207,519 for professional services. The business transaction between North Central College and U.S. Equities Reality was conducted at arm's length and a fair market value price was provided to the college for services provided. The College employs Brad Spencer who is an interested person due to his family relationship with an officer of the College. His employment and resulting salary are not influenced by his relationship and are at fair value for the services provided. The College employs Margaret White who is an interested person due to her family relationship with a trustee of the college. Her employment and resulting salary are not influenced by her relationship and are at fair value for the services provided. The College employs Andrew Sauer who is an interested person due to his family relationship with an officer of the college. His employment and resulting salary are not influenced by his relationship and are at fair value for the services provided. The College employs Brandon Hoeft who is an interested person due to his family relationship with a trustee of the college. His employment and resulting salary are not influenced by his relationship and are at fair value for the services provided.

Schedule M IRS990ScheduleM

Field	Value	IRS element (for citing)
Works Of Art		WorksOfArtGrp
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp
Books And Publications		BooksAndPublicationsGrp
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	51	ContributionCnt
Noncash Contributions Rpt F990	$733,827	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market Value	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust Intrsts		SecurPrtnrshpTrustIntrstsGrp
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp
Real Estate Residential		RealEstateResidentialGrp
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp
Collectibles		CollectiblesGrp
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp
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

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part 1, Column (b)	FormAndLineReferenceDesc
Explanation	Number of Contributions Received The number of contributions reported is the total number of stock contributions received during the year.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Line 1A and 1B	Material Differences in Members' Voting Rights There were 36 voting members at the beginning of fiscal year 2014 and 33 voting members at the end of fiscal year 2014. John Giannini is now an honorary board member. Steve Bergerson and Beth Zimmerman are Life Trustees. The President and 6 other members of the Board have a conflict based on the criteria provided. Executive Committee Membership: There shall be an Executive Committee of up to thirteen members, composed of the Chair, the four Vice-Chairs, the Secretary, the audit committee chair, the President of the College and up to five at-large members. A quorum shall consist of seven members. Duties: The Executive Committee shall transact such business as may be referred to it by the Board of Trustees, and any other business which the interests of the College may require during the intervals between meetings of the Board. It shall hold such meetings as it may deem desirable, and shall keep an accurate record of its proceedings and receive approval of these minutes at the next regularly scheduled meeting of the Board. The Secretary of the Board shall mail the record of the proceedings of each meeting within forty-five days to all members of the Board and to such other persons as the Committee may designate. The Committee shall annually set by June 30 the salary and benefits to be provided the President of the College for the following fiscal year.
Form 990, Part VI, Line 2	Family Relationships TRUSTEE JEFF OESTERLE HAS A BUSINESS RELATIONSHIP WITH TRUSTEE SCOTT WEHRLI. TRUSTEES KEVIN GENSLER, RAY KINNEY, AND SCOTT WEHRLI HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER.
Form 990, Part VI, Line 11b	Form 990 Review Process A review was conducted prior to filing the 990 with the IRS. The Assistant VP of Finance/Comptroller and Assistant Controller gather all information from various areas of the college and submit to tax professionals for the first draft of the 990. The Assistant VP of Finance/Comptroller and Assistant Controller review and make necessary changes. The second draft was reviewed by the VP for Business Affairs and the College President. Again, updates and changes were made if necessary. A final draft was sent via email to all voting board members for their review. If any changes were required after board review, they were sent to the tax professionals for incorporation into the Form 990.
Form 990, Part VI, Line 12c	Conflict of Interest Policy Monitoring & Enforcement The conflict of interest statements are sent to each board member with the May board packet, which includes reading materials for the upcoming meeting. All board members are expected to return the conflict of interest statements at the May board meeting, if not sooner. A process has been established to follow up with any members who have not returned the conflict of interest statement within the given parameters. The college monitors conflicts of interest by sending out a questionnaire annually, as well as at every meeting the question is raised. If a conflict arises, that individual is prohibited from participating in the governing body's deliberations and decisions in the transaction under discussion.
Form 990, Part VI, Line 15a	Process for Determining Compensation The Compensation Committee (a sub-committee of the Board) is responsible for determining the President's salary and reviewing the Vice Presidents' salaries. The Compensation Committee works with Human Resources (and possibly outside consultants) to obtain comparable salary/benefit data from organizations such as College and University Personnel Association (CUPA), in order to establish appropriate salary/benefit packages. The Compensation Committee consists of the Chair of the Board and two active trustees, who are not related to the President or Vice Presidents and do not perform management-directed services to the College. The College has an annual review of their compensation process. Annually, the Executive Committee reviews the Compensation Committee's recommendations and approves the President's compensation. The Vice Presidents' compensation is brought before the Board of Trustees in an executive session at the fall meeting. Contemporaneous documentation is maintained for all compensation decisions.
Form 990, Part VI, Line 19	How Documents are Made Available to the Public The conflict of interest policy, financial statements and public disclosure copies of the 990 and 990T are available to the public at North Central College's website, www.noctrl.edu.
FORM 990, PART XI, LINE 9	SUPPLEMENTAL DESCRIPTION - OTHER Other Changes in Net Assets or Fund Balances Change in fair value of interest rate swap agreement -$2,295 Change in value of split-interest agreements $763,841 Total increase in net assets or fund balances $761,546