ELMHURST UNIVERSITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ELMHURST UNIVERSITY (EIN 36-2169145)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-04-29
- IRS object ID
- 201431199349300213
- Schema version
- 2012v2.3
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-04-29T10:00:57-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362169145 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Elmhurst College | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JAMES M CUNNINGHAM | InCareOfName |
| Name Control | ELMH | NameControl |
| Phone | 6306173012 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 Prospect Avenue | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Elmhurst | City |
| State | IL | State |
| ZIP Code | 601263296 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES M CUNNINGHAM | Name |
| Title | VP Finance/Admin | Title |
| Phone | 6306173012 | Phone |
| Date Signed | 2014-04-28 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Bridget T Roche | Name |
| Phone | 3128560200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Stephen Alan Ray | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 Prospect Avenue | AddressLine1 |
| City | Elmhurst | City |
| State | IL | State |
| ZIP Code | 606126329 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 127021138 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.elmhurst.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1942 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | Elmhurst College works with passion and commitment to foster learning, broaden knowledge, and enrich culture through pedagogical innovation, scholarship and creative expression. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 34 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1963 | TotalNbrEmployees |
| Total Nbr Volunteers | 270 | TotalNbrVolunteers |
| Total Gross UBI | 148218 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2865397 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3965728 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 98730361 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 99256319 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4266027 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5506271 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1320824 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1279239 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 107182609 | TotalRevenuePriorYear |
| Total Revenue Current Year | 110007557 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 41120037 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 42466133 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 43655642 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 44311087 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2362876 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 26661274 | OtherExpensePriorYear |
| Other Expenses Current Year | 25411823 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 111436953 | TotalExpensesPriorYear |
| Total Expenses Current Year | 112189043 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -4254344 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2181486 | RevenuesLessExpensesCY |
| Total Assets BOY | 174524535 | TotalAssetsBOY |
| Total Assets EOY | 175569345 | TotalAssetsEOY |
| Total Liabilities BOY | 88148569 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 82889736 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 86375966 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 92679609 | NetAssetsOrFundBalancesEOY |
| Mission Description | ELMHURST COLLEGE INSPIRES ITS STUDENTS TO FORM THEMSELVES INTELLECTUALLY AND PERSONALLY AND TO PREPARE FOR MEANINGFUL AND ETHICAL WORK IN A MULTICULTURAL, GLOBAL SOCIETY. WORKING TOGETHER WITH PASSION AND COMMITMENT, WE FOSTER LEARNING, BROADEN KNOWLEDGE, AND ENRICH CULTURE THROUGH PEDAGOGICAL INNOVATION, SCHOLARSHIP, AND CREATIVE EXPRESSION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 68368812 | Expense |
| Grants | 42466133 | Grants |
| Revenue | 98975034 | Revenue |
| Description | Instruction - Elmhurst College provides post-secondary education through approximately 30 academic departments and offers more than 50 majors in education, the humanities, natural and social sciences, business administration, nursing, and from jazz studies to exercise science. We also offer more than 10 graduate programs. In addition the Elmhurst Learning and Success Academy offers a non-degree program for young adults with learning, intellectual, cognitive, physical, and/or sensory disabilities. Scholarships and grants - We assist our students with a comprehensive range of financial aid programs. These include merit-based scholarships, need-based grants and loans, and part-time campus employment. Approximately 86% of the students who entered college in the fall received financial aid. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9819697 | Expense |
| Revenue | 281285 | Revenue |
| Description | Student Services - Includes student affairs, admissions, registrar, financial aid counseling, social and cultural development, wellness center, and athletics. Student life at Elmhurst is active and creative allowing students to get involved in diverse areas including student government, 'The Leader' student newspaper, Black Student Union, Habitat for Humanity, SAGE (Straights and Gays for Equality), H.A.B.L.A.M.O.S. (A Latino Student Organization), Model UN, WRSE Radio Station, and many other groups as well as intercollegiate sports and intramural activities. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7738094 | Expense |
| Description | Academic Support - Academic dean, library services, academic advising and academic computing are included in academic support. The A.C. Buehler library provides many technologically advanced services for instructional and informational research, or for personal enjoyment with wireless access throughout. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 85926603 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 4677 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1963 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 34 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JAMES M CUNNINGHAM | NamePerson |
| Telephone Number | 6306173012 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 PROSPECT AVENUE | AddressLine1 |
| City | Elmhurst | City |
| State | IL | State |
| ZIP Code | 601263296 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (44 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| The Honorable William J Bauer | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Julius Wesley Becton III | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| David R Bertran | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Michael Bilder | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| William W Boyd | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Larry A Braskamp | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alan J Brinkmeier | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Kenne P Bristol | |||||||||
| Trustee - Chair | 2.0 | X | 0 | 0 | 0 | X | |||
| Julie Curran | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Sharon Reese Dalenberg | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Cathy Doucette | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Joel G Herter | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Thomas A Kloet | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alfred N Koplin | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Dr George H Langeler | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| J Clifford Lenahan Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Dr Eugene M Lerner | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Barbara J Lucks | |||||||||
| Trustee - Vice Chair | 1.0 | X | 0 | 0 | 0 | X | |||
| Ronald L Luken | |||||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | ||||
| Dr Ralph E Lundgren | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Hugh H McLean | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Lamell J McMorris | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Edward J Momkus | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bill Nelson | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Dennis J Patterson | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Virginia Prochaska | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Jean E Sander | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Rudolf G Schade Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Dr Homer H Schmitz | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Eva W Tameling | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Rhonda Thomas | |||||||||
| Trustee | 0.0 | X | 0 | 0 | 0 | ||||
| Rev Robert O Ullman | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Russell G Weigand | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| James S Yerbic | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Stephen Alan Ray | |||||||||
| President | 60.0 | X | 288173 | 0 | 105223 | X | |||
| James Cunningham | |||||||||
| VP for Finance & Admin | 60.0 | 84703 | 0 | 9879 | X | ||||
| Joseph R Emmick | |||||||||
| VP for Development/Alumni | 60.0 | 160712 | 0 | 35022 | X | ||||
| Alzada J Tipton | |||||||||
| VP for Academic Affairs | 60.0 | 179539 | 0 | 32246 | X | ||||
| Gary F Rold | |||||||||
| Dean of Admissions | 60.0 | 139343 | 0 | 39997 | X | ||||
| James W Winters | |||||||||
| VP of Communications | 60.0 | 143727 | 0 | 21894 | X | ||||
| James Kulich | |||||||||
| VP & Chief Information Officer | 60.0 | 135981 | 0 | 27457 | X | ||||
| Lawrence B Carroll | |||||||||
| Exec. Director of CPE | 60.0 | 124377 | 0 | 39898 | X | ||||
| Margaret Howes | |||||||||
| Exec. Director Development | 60.0 | 125617 | 0 | 28113 | X | ||||
| Denise P Jones | |||||||||
| Former VP for Finance & Admin | 60.0 | 134505 | 0 | 30615 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1516677 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 370344 | TotalOtherCompensation |
| Number Individuals GT100 K | 29 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ChartwellsCompass Group | |||||
| PO Box 91337 | CHICAGO | IL | 60693 | Food Service | 3633678 |
| Pitney Bowes Management | |||||
| PO Box 845801 | DALLAS | TX | 75284 | Mailing Service | 671817 |
| Ellucian Inc | |||||
| 4375 Fair Lakes Ct | FAIRFAX | VA | 22033 | Software Service | 336982 |
| Active Partners Marketing | |||||
| 2222 W Diversey Ave | CHICAGO | IL | 60647 | Marketing | 231300 |
| Grant Thornton LLP | |||||
| 175 W Jackson | CHICAGO | IL | 60604 | Audit and Tax | 186875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Fundraising Events | 32931 | FundraisingEvents |
| Government Grants | 1670935 | GovernmentGrants |
| All Other Contributions | 2261862 | AllOtherContributions |
| Noncash Contributions | 77300 | NoncashContributions |
| Total Contributions | 3965728 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| STUDENT TUITION AND FEES | 812900 | 92524344 | 92524344 | |
| RESIDENCE HALLS | 721000 | 6338601 | 6316344 | 22257 |
| OTHER ATHLETIC, ARTS & CULTURE | 812900 | 295252 | 295252 | |
| GRANT AND LOAN ADMINISTRATION FEES | 812900 | 51664 | 51664 | |
| COMMUNITY EDUCATION | 812900 | 46458 | 46458 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 99256319 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1384778 | TotalRevenueColumn |
| Unrelated Business Revenue | -39484 | UnrelatedBusinessRevenue |
| Exclusion | $1,424,272 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 21084130 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 16962637 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4121493 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4121493 | TotalRevenueColumn |
| Unrelated Business Revenue | 441 | UnrelatedBusinessRevenue |
| Exclusion | $4,121,052 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 50801 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 32931 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 50944 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -143 | TotalRevenueColumn |
| Exclusion | -$143 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|
| OUTSIDE CONF. AND FACILITIES RENTALS | 900099 | 255058 | 79059 | $175,999 |
| FOOD SERVICE | 722320 | 199807 | 57831 | $141,976 |
| OUTSIDE PRINTING | 561000 | 900 | 900 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 823617 | TotalRevenueColumn |
| Unrelated Business Revenue | 27214 | UnrelatedBusinessRevenue |
| Exclusion | $796,403 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1279382 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 110007557 | TotalRevenueColumn |
| Related Or Exempt Function Income | 99234062 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 148218 | UnrelatedBusinessRevenue |
| Exclusion | $6,659,559 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42466133 | Total |
| Program Services | 42466133 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 960334 | Total |
| Program Services | 219744 | ProgramServices |
| Management And General | 547517 | ManagementAndGeneral |
| Fundraising | 193073 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5891 | Total |
| Program Services | 5891 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32887676 | Total |
| Program Services | 24115266 | ProgramServices |
| Management And General | 7587479 | ManagementAndGeneral |
| Fundraising | 1184931 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1804958 | Total |
| Program Services | 1339046 | ProgramServices |
| Management And General | 399218 | ManagementAndGeneral |
| Fundraising | 66694 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6318994 | Total |
| Program Services | 4592570 | ProgramServices |
| Management And General | 1494187 | ManagementAndGeneral |
| Fundraising | 232237 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2333234 | Total |
| Program Services | 1699859 | ProgramServices |
| Management And General | 544421 | ManagementAndGeneral |
| Fundraising | 88954 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 723750 | Total |
| Program Services | 54266 | ProgramServices |
| Management And General | 660959 | ManagementAndGeneral |
| Fundraising | 8525 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185363 | Total |
| Program Services | 6790 | ProgramServices |
| Management And General | 178573 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 148488 | Total |
| Management And General | 148488 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7413 | Total |
| Management And General | 7413 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134926 | Total |
| Management And General | 134926 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4035843 | Total |
| Program Services | 1468239 | ProgramServices |
| Management And General | 2515106 | ManagementAndGeneral |
| Fundraising | 52498 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1234593 | Total |
| Program Services | 991983 | ProgramServices |
| Management And General | 242303 | ManagementAndGeneral |
| Fundraising | 307 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2032216 | Total |
| Program Services | 1363379 | ProgramServices |
| Management And General | 368137 | ManagementAndGeneral |
| Fundraising | 300700 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1345937 | Total |
| Program Services | 380554 | ProgramServices |
| Management And General | 922171 | ManagementAndGeneral |
| Fundraising | 43212 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5704 | Total |
| Program Services | 5704 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3268928 | Total |
| Program Services | 383492 | ProgramServices |
| Management And General | 2874806 | ManagementAndGeneral |
| Fundraising | 10630 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2179685 | Total |
| Program Services | 1582182 | ProgramServices |
| Management And General | 539759 | ManagementAndGeneral |
| Fundraising | 57744 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2214175 | Total |
| Program Services | 678543 | ProgramServices |
| Management And General | 1535632 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4245326 | Total |
| Program Services | 2875784 | ProgramServices |
| Management And General | 1274022 | ManagementAndGeneral |
| Fundraising | 95520 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 494952 | Total |
| Program Services | 117427 | ProgramServices |
| Management And General | 377525 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT RENTAL/MAINTENANCE | 689816 | 199403 | 487137 | 3276 |
| DEBT SERVICE FEES | 492913 | 492913 | ||
| LIBRARY BOOKS & PERIODICALS | 422905 | 397609 | 25296 | |
| COMMISSIONS & BANK CHARGES | 319850 | 319850 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1229040 | Total |
| Program Services | 982739 | ProgramServices |
| Management And General | 221726 | ManagementAndGeneral |
| Fundraising | 24575 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 112189043 | Total |
| Program Services | 85926603 | ProgramServices |
| Management And General | 23899564 | ManagementAndGeneral |
| Fundraising | 2362876 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3635464 | BOY |
| EOY | 2612067 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2174887 | BOY |
| EOY | 1903099 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1426274 | BOY |
| EOY | 885843 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 466581 | BOY |
| EOY | 1183883 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1766781 | BOY |
| EOY | 1758356 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115609 | BOY |
| EOY | 130011 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1903360 | BOY |
| EOY | 2548600 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 137212206 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 69969803 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69881784 | BOY |
| EOY | 67242403 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88212887 | BOY |
| EOY | 92146852 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4940908 | BOY |
| EOY | 5158231 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174524535 | BOY |
| EOY | 175569345 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6062160 | BOY |
| EOY | 5898234 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 764260 | BOY |
| EOY | 811700 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 56900000 | BOY |
| EOY | 56900000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000000 | BOY |
| EOY | 5000000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19422149 | BOY |
| EOY | 14279802 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 88148569 | BOY |
| EOY | 82889736 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45068740 | BOY |
| EOY | 48341806 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17410069 | BOY |
| EOY | 19023754 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23897157 | BOY |
| EOY | 25314049 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86375966 | BOY |
| EOY | 92679609 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 174524535 | BOY |
| EOY | 175569345 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2181486 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 3115120 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 5370009 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $38,412 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | true | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 38412 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Paid Staff or Management | Schedule C, Part II-B, Line 1b | Staff have made periodic visits to Springfield, Illinois to lobby our state leaders. |
| Direct Contact | Schedule C, Part II-B, Line 1g | Elmhurst College contacts legistators, members of legislative staff, as well as various departments and agencies. Lobby efforts support higher education policy and funding issues. Elmhurst contacted officials with regard to the following issues: -Other State grant funding -Continuation of Map Grant funding |
| Rallies, Demonstrations, Seminars, Etc. | Schedule C, Part II-B, Line 1h | The College sponsored a free lecture series, "Fixing Illinois", which included Presentations by state legislatures and other officials |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 89570085 | BeginningOfYearBalance |
| Contributions | 1205046 | Contributions |
| Investment Earnings Or Losses | 7921832 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1259085 | GrantsOrScholarships |
| Other Expenditures | 3428098 | OtherExpenditures |
| End Of Year Balance | 94009780 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 96127285 | BeginningOfYearBalance |
| Contributions | 249834 | Contributions |
| Investment Earnings Or Losses | -2844893 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1007376 | GrantsOrScholarships |
| Other Expenditures | 2954765 | OtherExpenditures |
| End Of Year Balance | 89570085 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 81374087 | BeginningOfYearBalance |
| Contributions | 1842319 | Contributions |
| Investment Earnings Or Losses | 15531159 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 828528 | GrantsOrScholarships |
| Other Expenditures | 1791752 | OtherExpenditures |
| End Of Year Balance | 96127285 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 76740871 | BeginningOfYearBalance |
| Contributions | 1680325 | Contributions |
| Investment Earnings Or Losses | 5289866 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 670098 | GrantsOrScholarships |
| Other Expenditures | 1666877 | OtherExpenditures |
| End Of Year Balance | 81374087 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 105168500 | BeginningOfYearBalance |
| Contributions | 1369670 | Contributions |
| Investment Earnings Or Losses | -26700073 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 409630 | GrantsOrScholarships |
| Other Expenditures | 2687596 | OtherExpenditures |
| End Of Year Balance | 76740871 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.57958 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.26566 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.15475 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3036281 | OtherCostOrOtherBasis |
| Book Value | 3036281 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 100532902 | OtherCostOrOtherBasis |
| Depreciation | 45074801 | Depreciation |
| Book Value | 55458101 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19660638 | OtherCostOrOtherBasis |
| Depreciation | 17075478 | Depreciation |
| Book Value | 2585160 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13982385 | OtherCostOrOtherBasis |
| Depreciation | 7819524 | Depreciation |
| Book Value | 6162861 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 67242403 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (4 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| COMMINGLED FUNDS | 53055877 | F |
| HEDGE FUNDS | 8893562 | F |
| COMMODITITES FUND | 2658958 | F |
| LIMITED PARTNERSHIPS | 27538455 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 92146852 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| STUDENT LOAN ADVANCES FROM US GOVT | $1,753,091 |
| LIFE INCOME AGREEMENTS PAYABLE | $598,704 |
| OTHER LIABILITIES | $1,445,288 |
| INTEREST RATE SWAP AGREEMENT | $9,174,619 |
| ASSET RETIREMENT OBLIGATION | $1,308,100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 14279802 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 76040200 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3115120 | NetUnrealizedGainsInvestments |
| Other Revenues | 5370009 | OtherRevenues |
| Revenue Not Rptd F990 | 8485129 | RevenueNotRptdF990 |
| Revenue Subtotal | 67555071 | RevenueSubtotal |
| Investment Expenses Not Included | 134926 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 42317560 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 42452486 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 110007557 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 69736557 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 69736557 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 134926 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 42317560 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 42452486 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 112189043 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Financial Statement Footnote | Schedule D, Part III, Line 1a | Purchases of library books and works of art are recorded as unrestricted expenses. The College does not capitalize the cost of library books or works of art as assets or assign a value to such items received as gifts. |
| Description of Organization's Collections | Schedule D, Part III, Line 4 | The African collections, professional collections and historic portrait collections of paintings, drawings, lithographs, photographs, and sculptures are made available to students, faculty and staff and outside constituents for their educational value, for lectures and pleasures of viewing. |
| Intended Uses of Endowment Funds | Schedule D, Part V, Line 4 | The purpose of the endowment is to support the College and its mission over the long term. Accordingly, the primary investment objectives of the endowment are to: a) preserve and increase long-term real purchasing power of the funds' principal b) provide a stable source of financial support for the college's annual operating budget per policy set by the board of trustees c) provide ongoing financial support in the form of scholarships, awards, faculty chairs, lectureship, book funds and other specified purposes in accordance with the Board of Trustees' investment policies and donor agreements. |
| Liability for Uncertain Tax Position (ASC 740) | Schedule D, Part X, Line 2 | The College has received a favorable determination letter from the Internal Revenue Service stating that it is exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code of 1986 (IRC), except for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. The College has not accrued any provision for income taxes as the College has had no significant unrelated business income. There is no interest or penalties recognized in the statements of activities or statements of position. The tax years ending 2010, 2011, 2012 and 2013 are still open to audit for both federal and state purposes. |
| Supplemental Description - Other | Schedule D, Part XI, Line 2d | Change in fair value of interest-rate swap agreement........$5,268,228 Change in fair value of beneficial interest in trusts.........$101,781 Total.......................................................$5,370,009 |
| Supplemental Description - Other | Schedule D, Part XI, Line 4b | Scholarhships and Grants netted against tuition and fees in audited financial statements.......................................$42,328,105 Annuity Liability payments/liability adjustments................$2,465 Conference Facilites Management................................$37,934 special events fundraising expenses..........................($50,944) Total......................................................$42,317,560 |
| Supplemental Description - Other | Schedule D, Part XII, Line 4b | Scholarhships and Grants netted against tuition and fees in audited financial statements.......................................$42,328,105 Annuity Liability payments/liability adjustments................$2,465 Conference Facilites Management................................$37,934 special events fundraising expenses..........................($50,944) Total......................................................$42,317,560 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Publication of Racially Nondiscriminatory Policy | Schedule E, Part I, Line 3 | Elmhurst College policy is that of non-discrimination of the public served by the institution and with respect to the college personnel. Advertisements, publications, brochures, applications for admission, etc., contain a statement to the effect that the college complies with the federal non-discrimination regulations, and thereby does not discriminate on the basis of race, gender, religion, color, national origin, age, sexual orientation, or handicap disability. |
| Government Assistance | Schedule E, Part I, Line 6a | The College receives governmental financial aid, grants and assistance from the us department of education, the national institutes of health, the national science foundation, the Illinois board of higher education, and the city of Elmhurst. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Football Golf | NameOfEvent1 |
| Gross Receipts Event1 | 27121 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 13950 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 13171 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 14696 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 5149 | OtherDirectExpensesEvent1 |
| Name Of Event2 | Hab For Human | NameOfEvent2 |
| Gross Receipts Event2 | 34242 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 8830 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 25412 | GrossRevenueEvent2 |
| Food And Beverage Event2 | 644 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 27608 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 22369 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 10151 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 12218 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 2238 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 609 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 83732 | GrossReceiptsTotal |
| Charitable Contributions Total | 32931 | CharitableContributionsTotal |
| Gross Revenue Total Events | 50801 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 17578 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 33366 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 50944 | DirectExpenseSummaryEvents |
| Net Income Summary | -143 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| SEOG Fed supplemental Grant | 1029 | 263804 | N/A | N/A |
| Endowed Scholarships | 496 | 1259085 | N/A | N/A |
| Donor Funded Scholarship | 177 | 370413 | N/A | N/A |
| Institutionally Funded Scholarship | 3060 | 40572831 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Use of Grant Funds Inside U.S. | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The College offers a wide variety of merit and need-based scholarships and awards to matriculating students. Merit awards are given in recognition of various achievements as specified in donors' correspondence and documents, or by College policy. Need-based awards are provided based on the income level, availability of awards offered elsewhere and similar standards. The College's Financial Aid Office uses various methods for the fair disbursement of grant funds within the requirements set by each grant source to monitor compliance. The College primarily makes scholarship grants that help offset tuition and other educational costs of the students, with most directly credited against the applicable student account, which assures proper use. The amount of the grant is adjusted by the Financial Aid Office, as necessary, based on any subsequent changes affecting the student's original eligibility. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stephen Alan Ray | ||||||||||||||
| President | 286883 | 0 | 0 | 0 | 1290 | 0 | 29250 | 0 | 75973 | 0 | 393396 | 0 | 0 | |
| Joseph R Emmick | ||||||||||||||
| VP for Development/Alumni | 149692 | 0 | 0 | 0 | 11020 | 0 | 7875 | 0 | 27147 | 0 | 195734 | 0 | 0 | |
| Denise P Jones | ||||||||||||||
| Former VP for Finance & Admin | 133552 | 0 | 0 | 0 | 953 | 0 | 19159 | 0 | 11456 | 0 | 165120 | 0 | 0 | 0 |
| Alzada J Tipton | ||||||||||||||
| VP for Academic Affairs | 179130 | 0 | 0 | 0 | 409 | 0 | 11064 | 0 | 21182 | 0 | 211785 | 0 | 0 | |
| Gary F Rold | ||||||||||||||
| Dean of Admissions | 138028 | 0 | 0 | 0 | 1315 | 0 | 20115 | 0 | 19882 | 0 | 179340 | 0 | 0 | |
| James W Winters | ||||||||||||||
| VP of Communications | 142855 | 0 | 0 | 0 | 872 | 0 | 10176 | 0 | 11718 | 0 | 165621 | 0 | 0 | 0 |
| James Kulich | ||||||||||||||
| VP & Chief Information Officer | 135176 | 0 | 0 | 0 | 805 | 0 | 16439 | 0 | 11018 | 0 | 163438 | 0 | 0 | 0 |
| Lawrence B Carroll | ||||||||||||||
| Exec. Director of CPE | 123600 | 0 | 0 | 0 | 777 | 0 | 14461 | 0 | 25437 | 0 | 164275 | 0 | 0 | 0 |
| Margaret Howes | ||||||||||||||
| Exec. Director Development | 125349 | 0 | 0 | 268 | 0 | 6630 | 0 | 21483 | 0 | 153730 | 0 | 0 | 0 | |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | The President is being provided a house as a convenience to the College to allow him to conduct business affairs and be available 24/7 to respond to emergent situations that may arise. The residence is for personal use and to entertain trustees, employees, students, donors, and guests of the College. 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 Elmhurst College is required to reside at the college owned residence at 360 Cottage Hill Avenue in Elmhurst. 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 is conservatively estimated to be $58,092. During tax year 2013, the President, Stephen Alan Ray made the residence his home for the year. Schedule J, Part II, Column (D) includes $58,092 of value associated with the use of the residence provided by the College. |
| Travel for companions | Schedule J, Part I, Line 1a | Travel expense reimbursement for companions is only allowed for the President as per his contract. According to his contract, when Dr. Ray's spouse is required to attend an event in which Dr. Ray is representing the College on official College business, the business related travel expenses for Dr. Ray's spouse will also be reimbursed by the College. The spouse's travel is not considered taxable when the purpose is to conduct business on behalf of the college. This contract is reviewed by the Human Resources Committee and approved by the full Board of Trustees. |
| Personal services (e.g., mail, chauffer, chef) | Schedule J, Part I, Line 1a | An outside service is used as needed to maintain or to provide any other cleaning services necessary for the business function of the President's house. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| Illinois Finance Authority | ||||||||
| A | 861091967 | 452001ZF0 | 2005-05-31 | 36500000 | IL ED FACILITIES AUTHOR. 03/25/98 | false | false | true |
| Illinois Finance Authority | ||||||||
| B | 861091967 | 452001Q86 | 2005-05-31 | 21200000 | IL ED FACILITIES AUTHOR. 07/28/99 | false | false | true |
| Illinois Educational Facilities Authority | ||||||||
| C | 521297563 | 4520017G9 | 2003-09-18 | 12000000 | BUILDINGS | false | false | false |
| Illinois Finance Authority | ||||||||
| D | 861091967 | 45200BW79 | 2007-02-22 | 25000000 | BUILDINGS & PARKING | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 36500000 | 0 | 0 | 36500000 | 0 | 0 | 0 | 0 | 0 | 0 | 2001 | true | false | true | true |
| B | 0 | 0 | 21200000 | 0 | 0 | 21200000 | 0 | 0 | 0 | 0 | 0 | 0 | 2002 | true | false | true | true |
| C | 0 | 0 | 12096432 | 0 | 0 | 943690 | 152196 | 52641 | 0 | 10947905 | 0 | 0 | 2006 | true | false | true | true |
| D | 100000 | 0 | 26053568 | 0 | 0 | 1964791 | 273890 | 22000 | 0 | 23694190 | 98697 | 0 | 2010 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Bond ReferenceBondReferenceCd | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Remedial Action TakenRemedialActionTaken | Total Private Business UseTotalPrivateBusinessUse |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | true | ||||||||
| B | 0 | true | ||||||||
| C | 0 | true | false | false | true | true | false | false | false | |
| D | 0.01000 | true | false | false | true | true | false | false | false | 0.01000 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Term Of HedgeTermOfHedge | Superintegrated HedgeSuperintegratedHedge | Hedge TerminatedHedgeTerminated |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | |||||||||||
| A | false | true | true | false | false | 0 | false | true | |||
| 0 | |||||||||||
| B | false | true | true | false | false | 0 | false | true | |||
| 0 | |||||||||||
| C | false | true | true | false | false | 0 | false | true | |||
| Bank of America NA | |||||||||||
| D | false | true | true | true | false | 0 | false | true | 35. | false | false |
Form990 Schedule K Part V Form990ScheduleKPartV (4 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | true |
| B | true |
| C | true |
| D | true |
Form990 Schedule K Part VI Form990ScheduleKPartVI (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| . | SCHEDULE K, PART I-III | PART I: Information for Part I comes from the tax agreement and Form 8038 for each issue. The issuer EIN on the Forms 8038 of each of the 2005 transactions is the EIN for the Illinois Educational Facilities Authority (the issuer of the original 1998 and 1999 Bonds which were treated for Federal tax purposes as being currently refunded by the 2005 bonds). Although the 2005 Bonds still bear the name of the Illinois Educational Facilities Authority, the EIN of the Illinois Finance Authority should be used for Schedule K and is listed on Schedule K. The college amended and filed Forms 8038 to include the Illinois Finance Authority EIN for each of the 2005 Bonds to be consistent with Schedule K. The description of purpose for each issue is listed in Section 2.1 of the tax agreement executed by the college in connection with each issue. Additional information for the 2005 issues comes from paragraph 1 on page 1 of the tax agreement for each of those 2005 issues (containing information on the reissuance of the 1999 Bonds and the 1998 Bonds, respectively), Section 2.1 of the tax agreements for the 1999 Bonds and the 1998 Bonds (the description of the projects financed by such bonds) and the fourth paragraph of the Certificate Regarding the Financed Properties and Expenditure of Funds, executed by the college in connection with the issuance of the 1999 Bonds (which contains the name and description of the 1991 Bonds refunded by the 1999 Bonds). The amount of each of the 2005 issues benefitting the college (as included in the description of purposes) comes from Schedule A to each of the Forms 8038 submitted in connection with the 2005 issues. PART II: Information for Part II, Columns B and C comes from the Form 8038 for such issues. Information for Part II, Column D comes from the rebate report prepared by Chapman and Cutler LLP for the 2003 Bonds. PART III: The information in Part III comes from the College. Potential private use is addressed: 1. In Section 9 of the Certificate Regarding the Financed Properties and Expenditure of Funds for the 1998 Bonds (as reissued by the 2005 Bonds) (private use for these bonds is not addressed in the Schedule K because of the special rule regarding the refunding of pre-2003 issues); 2. In Section 9 of the Certificate Regarding the Financed Properties and Expenditure of Funds for the 1999 Bonds (as reissued by the 2005 Bonds) (private use for these bonds is not addressed in the Schedule K because of the special rule regarding the refunding of pre-2003 issues); 3. In Section 4 of the Project Certificate for the 2003 Bonds; and 4. In Section 4 of the Project Certificate for the 2007 Bonds. |
| DESCRIPTION OF TAX EXEMPT BOND PURPOSE | SCHEDULE K, PART I, COL. (F) LINE A | THE BONDS AND THE 1998 BONDS (DEFINED BELOW) WERE ISSUED IN THE AMOUNT OF $36,500,000 TO PROVIDE FUNDS TO SEVERAL SECTION 501(C)(3) NONPROFIT ORGANIZATIONS. ELMHURST COLLEGE BENEFITTED FROM $15,000,000 OF THE PROCEEDS OF THE BONDS. THE ISSUER OF THE BONDS CHANGED THE MANDATORY TENDER PROVISIONS OF THE INDENTURE GOVERNING PREVIOUSLY ISSUED BONDS (THE "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 AS BEING 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 ELMHURST COLLEGE WERE USED TO FINANCE, REFINANCE AND REIMBURSE THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF EDUCATIONAL FACILITIES. |
| DESCRIPTION OF TAX EXEMPT BOND PURPOSE | SCHEDULE K, PART I, COL. (F), LINE B | THE BONDS AND THE 1999 BONDS (DEFINED BELOW) WERE ISSUED IN THE AMOUNT OF $21,200,000 TO PROVIDE FUNDS TO SEVERAL SECTION 501(C)(3) NONPROFIT ORGANIZATIONS. ELMHURST COLLEGE BENEFITTED FROM $5,000,000 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 AS BEING 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 ELMHURST COLLEGE WERE USED TO (I) FINANCE, REFINANCE, AND REIMBURSE THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF EDUCATIONAL FACILITIES, AND (II) REFUNDED THE OUTSTANDING ILLINOIS EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, ELMHURST COLLEGE SERIES 1991 WHICH WERE ISSUED ON MAY 16, 1991 AND FINANCED THE COSTS OF ACQUIRING, CONSTRUCTING, RENOVATING, EQUIPPING, IMPROVING AND REMODELING OF EDUCATIONAL FACILITIES. |
| DESCRIPTION OF TAX EXEMPT BOND PURPOSE | SCHEDULE K, PART I, COL. (F), LINE C | THE BONDS WERE ISSUED TO (I) FINANCE, REFINANCE, AND REIMBURSE THE COSTS OF THE ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT OR EQUIPPING OF EDUCATIONAL FACILITIES, AND (II) REFINANCE TAXABLE DEBT THAT ORIGINALLY FINANCED A PORTION OF THE COSTS OF A SPRINKLER SYSTEM IN RESIDENCE HALLS. ACCORDINGLY, A PORTION OF THIS ISSUE CURRENTLY REFUNDED TAXABLE DEBT OF ELMHURST COLLEGE FOR FEDERAL TAX PURPOSES. |
| DESCRIPTION OF TAX EXEMPT BOND PURPOSE | SCHEDULE K, PART I, COL. (F), LINE D | THE BONDS WERE ISSUED TO (I) FINANCE, REFINANCE OR REIMBURSE THE COSTS OF ACQUISITION, CONSTRUCTION, RENOVATION, IMPROVEMENT AND EQUIPPING OF EDUCATIONAL FACILITIES, AND (II) REFINANCE TAXABLE DEBT THAT ORIGINALLY FINANCED EDUCATIONAL FACILITIES. ACCORDINGLY, A PORTION OF THIS ISSUE CURRENTLY REFUNDED TAXABLE DEBT OF ELMHURST COLLEGE FOR FEDERAL TAX PURPOSES. |
| PRIVATE BUSINESS USE | SCHEDULE K, PART III, COL. (D), LINE 6 | ELMHURST COLLEGE IS CALCULATING PRIVATE BUSINESS USE ON AN ANNUAL AND CUMULATIVE BASIS TO ENSURE THAT PRIVATE BUSINESS USE OF FINANCED PROPERTY WILL NOT EXCEED PERMISSIBLE AMOUNTS OF PRIVATE BUSINESS USE. |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 16200 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | donor valuation | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 35729 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | selling price | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | Other: | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 25371 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | donor valuation | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Third Party Assistance of Noncash Contributions | Schedule M, Part 1, Question 32a | All stock donation, unless otherwise stipulated by the donor, are sold as soon as possible after receipt by third party vendor UBS financial services, inc. |
| Amounts not Listed in Revenue on Form 990 | Schedule M, Part 1, Question 33 | The college does not capitalize the cost of library books or works of art as assets, nor does it assign a value to such items received as gifts. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990 Review Process | Form 990, Part VI, Line 11b | The final Form 990 and its various schedules were prepared by a national CPA firm, and then were reviewed by the Key Officers of the organization prior to making it available to the Board of Trustees. After the Key Officers reviewed the form it was distributed to the Audit Committee of the Trustees at their Spring meeting. Identified necessary changes were incorporated following the board review process and a final copy of the filing was made available to all members of the board of trustees prior to filing. |
| Conflict of Interest Policy Monitoring & Enforcement | Form 990, Part VI, Line 12c | Conflict of interest forms are sent to Trustees, Officers, Key Employees (as applicable) and others for completion. The completed forms are returned to and reviewed by the Board Audit Committee Chair. The Audit Committee Chair together with the Audit Committee is responsible for administration of this policy. Matters of concern are brought to the Chair of the Board of Trustees or the President. Approval of compensation transactions and other transactions covered by the policy are done through a review composed entirely of individuals who do not have any conflict of interest with respect to the arrangement or transaction at hand. Persons determined to have a conflict of interest are prohibited from participating in the governing body's deliberations and decisions in transactions which may relate to the conflict. They rely upon independent comparability data or valuations prior to making a determination. Matters related to compensation rely on external expertise in higher education. |
| Process for Determining President's Compensation | Form 990, Part VI, Line 15a | The President's salary is reviewed annually and determined by a process established by the Board of Trustees. The process begins with obtaining data from the College and University Professional Association for Human Resources (CUPA-HR) annual Salary Survey, periodically the Yaffe & Company Executive Compensation Survey, and the form 990 tax returns of comparable institutions are also reviewed. These surveys as well as the economic condition of Elmhurst College and other information concerning higher education are analyzed by the Human Resources Committee of the Board of Trustees with the assistance of the Vice President for Finance and Administration and periodically with input from an external consultant. The Human Resources Committee performs an annual formal evaluation process of the President in executive session. Performed in fiscal year 2013, every three years the committee performs an extensive evaluation involving various faculty, staff, students and external constituents. The Human Resources Committee recommends the salary revision to the full Board of Trustees who provides the final approval. Minutes of the Human Resources Committee document the determinations made during executive session. |
| Process for Determining Other Officers' Compensation | Form 990, Part VI, Line 15b | Top management's (Vice Presidents and Deans) salaries are reviewed annually by a process similar to all other employees. The President performs a formal evaluation. Using the CUPA-HR annual Salary Survey, the annual performance evaluation and the financial constraints of the College; the President then determines the salary revisions which are reviewed by the Human Resources Committee of the Board of Trustees. All other key employee salaries are reviewed annually by a similar process as the top management. Formal performance evaluations are performed by the supervisor of each key employee with recommendations for salary revisions provided to the top management employee over that area of responsibility. The evaluations and recommendations together with the comparison to the CUPA-HR annual Salary Survey and the preset budget for salary increases are reviewed by each top management administrator with recommendations presented to the President. Final approval is given by the President. |
| How Documents are Made Available to the Public | Form 990, Part VI, Line 19 | The governing documents and financial statements of the college are available upon request, and financial statements are provided to various State Agencies, US Department of Education, various banks and others per agreement. In addition, the Annual Form 990 Information Return and 990-T Tax Return and all related documents and schedules are available to the public upon request. The conflict of interest policy is sent annually to all members of the Board of Trustees, Officers, Key Employees and other identified employees. |
| Other Changes in Net Assets or Fund Balances | Form 990, Part XI, Line 9 | Change in fair value of interest-rate swap agreement..........$5,268,228 Change in fair value of beneficial interest in trusts.......... $101,781 Total.........................................................$5,370,009 |