ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
- Tax period
- 2011-06-01 to 2012-05-31
- Filed
- 2013-03-05
- IRS object ID
- 201320649349300622
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-03-05T15:03:41-06:00 | Timestamp |
| Tax Period End Date | 2012-05-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 191 West Nationwide Blvd Ste 500 | AddressLine1 |
| City | Columbus | City |
| State | OH | State |
| ZIP Code | 432152568 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-06-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362170136 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS INSTITUTE OF TECHNOLOGY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % BRIAN LAFFEY | InCareOfName |
| Name Control | ILLI | NameControl |
| Phone | 3125673677 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3424 South State Street | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Patricia Laughlin | Name |
| Title | VP FINANCE&ADMINISTRATION | Title |
| Date Signed | 2013-02-26 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | kpmg llp | Name |
| Phone | 6142492300 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | John L Anderson | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Suite 1900 10 W 35th Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 337914896 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.IIT.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1940 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC,TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 68 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 64 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4499 | TotalNbrEmployees |
| Total Nbr Volunteers | 126 | TotalNbrVolunteers |
| Total Gross UBI | 395634 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -102588 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 80703653 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 69473546 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 217837290 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 239632660 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1597583 | InvestmentIncomePriorYear |
| Investment Income Current Year | 6045847 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4955270 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1472340 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 305093796 | TotalRevenuePriorYear |
| Total Revenue Current Year | 316624393 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 60346150 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 81025427 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 132274986 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 134333802 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 88016 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 161527 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 7122083 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 103613330 | OtherExpensePriorYear |
| Other Expenses Current Year | 100659739 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 296322482 | TotalExpensesPriorYear |
| Total Expenses Current Year | 316180495 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 8771314 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 443898 | RevenuesLessExpensesCY |
| Total Assets BOY | 554886680 | TotalAssetsBOY |
| Total Assets EOY | 533276129 | TotalAssetsEOY |
| Total Liabilities BOY | 281390562 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 266667077 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 273496118 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 266609052 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 169158012 | Expense |
| Grants | 81025427 | Grants |
| Revenue | 163778989 | Revenue |
| Description | Instruction Support: See Schedule O | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 33385203 | Expense |
| Revenue | 38881501 | Revenue |
| Description | Research: Research awards received in fiscal year 2012 was $34.0 million. IIT has received awards in many areas that are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 32 awards totaling $3 million. The Biological Chemical and Physical Sciences Department received 30 awards totaling $4.6 million, Chemical and Biological Engineering 20 awards totaling $3.2 million, Mechanical Aerospace and Material Engineering 50 awards totaling $5.2 million, and the Institute of Psychology 10 awards totaling $2.8 million. In addition, the National Center for Food Safety and Technology received 17 awards totaling $6.4 million. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 17414171 | Expense |
| Revenue | 6633869 | Revenue |
| Description | Academic Support: IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Provost's office offers several programs that provide advising and counseling. | Description |
Activity Other ActivityOther (2 entries)
| ExpenseExpense | RevenueRevenue | DescriptionDescription |
|---|---|---|
| 17405349 | 18356720 | STUDENT SERVICES |
| 11300426 | 11981581 | AUXILIARY SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 28705775 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 30338301 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 248663161 | 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 | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | 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 | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | 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 | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9773 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 4499 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | FR | NameOfForeignCountry |
| Name Of Foreign Country | IN | NameOfForeignCountry |
| 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 | 68 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 64 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | 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 | BRIAN LAFFEY | NamePerson |
| Telephone Number | 3125673677 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3424 SOUTH STATE STREET TC-4TH FLO | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (94 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JOHN ANDERSON | ||||||||
| PRESIDENT | 39.0 | X | X | 598105 | 0 | 33274 | ||
| Andrew V Agostini | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Vernon Armour | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Bahman Atefi ScD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| William C Bartholomay | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Andrea L Berry | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Giuseppe Calabrese | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| John Peter Calamos Sr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Martin Cooper | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert A Cornog | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| James E Cowie | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| DAVID L CROWELL | ||||||||
| TRUSTEE | 1.0 | X | ||||||
| A Steven Crown | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Thomas A Demetrio | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Craig J Duchossois | ||||||||
| Trustee | 1.0 | X | X | 0 | 0 | 0 | ||
| Bryan R Dunn | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| William Farrow | ||||||||
| Trustee | 1.0 | X | ||||||
| James R Gagnard | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Michael P Galvin | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert W Galvin | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Jamshyd N Godrej | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Alvin L Gorman | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Donald E Goss | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Antonio J Gracias | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert L Growney | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Marc R Hannah PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Theodore E Hanson | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| James Hill Jr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Jean K Holley | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Donald R Hollis | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Richard M Jaffee | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Martin C Jischke PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Norbert O Kaiser | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Edward L Kaplan | ||||||||
| Trustee | 1.0 | X | X | 0 | 0 | 0 | ||
| Patrick J Kelly | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| James W Kiley | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Jules F Knapp | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| Kaarina Koskenalusta | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Joel D Krauss | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| John H Krehbiel Jr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Thomas E Lanctot | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Eric C Larson | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| F Christopher Lee FAIA | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Richard A Lenon | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Bruce C Liimatainen | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Gran Lindahl | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Dirk Lohan FAIA | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Paul D McCoy | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Paul F McKenzie PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Rosemarie Mitchell | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Victor A Morgenstern | ||||||||
| Trustee | 1.0 | X | X | 0 | 0 | 0 | ||
| Anita M Nagler | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Walter Nathan | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Adrian R Nemcek | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Michael J Pacilio | ||||||||
| Trustee | 1.0 | X | ||||||
| Robert J Potter PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert A Pritzker | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Michael A Pulick | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Ellen Jordan Reidy | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| John W Rowe | ||||||||
| Trustee | 1.0 | X | X | 0 | 0 | 0 | ||
| Carole Browe Segal | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| MA Self | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Bernard F Sergesketter | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Harold Singleton III | ||||||||
| Trustee | 1.0 | X | ||||||
| Carl S Spetzler PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Efthimios J Stojka | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| John Tracy PhD | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| William A VanSanten Jr | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| David J Vitale | ||||||||
| Trustee | 1.0 | X | X | 0 | 0 | 0 | ||
| Priscilla Anne Walter | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Ralph Wanger | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Robert J Washlow | ||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |||
| Alan W Wendorf | ||||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |||
| ALAN CRAMB | ||||||||
| PROVOST | 39.0 | X | 442755 | 0 | 39052 | |||
| BETSY HUGHES | ||||||||
| VICE PRES, INST ADVANCEMENT | 39.0 | X | 303675 | 0 | 39052 | |||
| DARSH WASAN | ||||||||
| VICE PRES & MOTOROLA CHAIR | 39.0 | X | 257899 | 0 | 32554 | |||
| DAVID BAKER | ||||||||
| VICE PRESIDENT, EXT. AFFAIRS | 39.0 | X | 210438 | 0 | 18662 | |||
| JOHN COLLINS | ||||||||
| VICE PRES, BUSINESS & OPS | 39.0 | X | 260879 | 0 | 22050 | |||
| LEROY KENNEDY | ||||||||
| VP, COMMUNITY AFFAIRS & OUTRCH | 39.0 | X | 143700 | 0 | 24454 | |||
| MARY ANNE SMITH | ||||||||
| VICE PRESIDENT & GEN'L COUNSEL | 39.0 | X | 232525 | 0 | 26049 | |||
| OPHIR TRIGALO | ||||||||
| CHIEF INFORMATION OFFICER | 39.0 | X | 235502 | 0 | 39052 | |||
| PATRICIA LAUGHLIN | ||||||||
| VICE PRES, FINANCE & ADMIN | 39.0 | X | 278959 | 0 | 33274 | |||
| VINCENT TURITTO | ||||||||
| CHAIR/DIR, PRIT INST MED ENG | 39.0 | X | 245955 | 0 | 32346 | |||
| JEANNE HARTIG | ||||||||
| VICE PRESIDENT | 39.0 | X | 160986 | 0 | 5162 | |||
| DONNA ROBERTSON | ||||||||
| DEAN | 39.0 | 245678 | 0 | 36997 | X | |||
| HAROLD KRENT | ||||||||
| DEAN & PROFESSOR OF LAW | 39.0 | 315677 | 0 | 38308 | X | |||
| HARVEY KAHALAS | ||||||||
| DEAN | 39.0 | 382220 | 0 | 33274 | X | |||
| NATACHA DEPAOLA | ||||||||
| DEAN, ARMOUR COLLEGE OF ENGRNG | 39.0 | 324656 | 0 | 39052 | X | |||
| RUSSELL BETTS | ||||||||
| DEAN, COLLEGE SCIENCE & LETTER | 39.0 | 283024 | 0 | 22050 | X | |||
| ROBERT BRACKETT | ||||||||
| VICE PRESIDENT/PROFESSOR | 39.0 | 258447 | 0 | 7378 | X | |||
| HAMID ARASTOOPOUR | ||||||||
| PROFESSOR | 39.0 | 276350 | 0 | 36181 | X | |||
| MOHAMMAD SHAHIDEHPOUR | ||||||||
| PROF/DIR SG CTR/ASCO DIR WISER | 39.0 | 289191 | 0 | 39052 | X | |||
| A DAN TARLOCK | ||||||||
| DISTINGUISHED PROFESSOR | 39.0 | 249759 | 0 | 30907 | X | |||
| LORI ANDREWS | ||||||||
| DIST PROFESSOR OF LA | 39.0 | 280659 | 0 | 31156 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6277039 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 659336 | TotalOtherCompensation |
| Number Individuals GT100 K | 274 | NumberIndividualsGT100K |
| Formers Listed | false | 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 |
|---|---|---|---|---|---|
| Sodexo Inc and Affiliates | |||||
| 4880 Payshere Circle | CHICAGO | IL | 60674 | Food Service | 4952427 |
| Bulley and AndrewsUjamaa Construct | |||||
| 75 Remittance Drive Ste 1709 | CHICAGO | IL | 60675 | construction | 3605107 |
| ABM Janitorial Midwest Inc | |||||
| 75 Remittance Drive Suite 3011 | CHICAGO | IL | 606753011 | Janitorial | 3355931 |
| Bovis Lend Lease | |||||
| 1 North Wacker Drive Suite 850 | CHICAGO | IL | 60606 | Construction | 3342476 |
| Levy Security Corporation | |||||
| 8750 West Bryn Mawr Ave Ste 1000 | CHICAGO | IL | 60631 | Public Safety | 2471145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 114 | NumberOfContractorsGT100K |
| Fundraising Events | 494700 | FundraisingEvents |
| Government Grants | 49577833 | GovernmentGrants |
| All Other Contributions | 19401013 | AllOtherContributions |
| Noncash Contributions | 2308356 | NoncashContributions |
| Total Contributions | 69473546 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION & FEES | 900099 | 208915359 | 208915359 | |
| SALES/SERVICES OF AUXILIARY ENTERPRISES | 900099 | 11981581 | 11605204 | 376377 |
| STUDENT SERVICES | 900099 | 18356720 | 18356720 | |
| EQUITY INTEREST ON IITRI | 900099 | 379000 | 379000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 239632660 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1078857 | TotalRevenueColumn |
| Unrelated Business Revenue | 19257 | UnrelatedBusinessRevenue |
| Exclusion | $1,059,600 | 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 |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1536319 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 1589062 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -52743 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -52743 | TotalRevenueColumn |
| Exclusion | -$52,743 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 24488380 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 19475380 | Securities |
| Other | 46010 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5013000 | Securities |
| Other | -46010 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4966990 | TotalRevenueColumn |
| Exclusion | $4,966,990 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 161400 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 494700 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 180051 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -18651 | TotalRevenueColumn |
| Exclusion | -$18,651 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ASSET RETIREMENT OBLIGATION | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1543734 | TotalRevenueColumn |
| Exclusion | $1,543,734 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1543734 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 316624393 | TotalRevenueColumn |
| Related Or Exempt Function Income | 239256283 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 395634 | UnrelatedBusinessRevenue |
| Exclusion | $7,498,930 | 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 | 81025427 | Total |
| Program Services | 81025427 | 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 | 6400542 | Total |
| Program Services | 2263642 | ProgramServices |
| Management And General | 2307342 | ManagementAndGeneral |
| Fundraising | 1829558 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 106352328 | Total |
| Program Services | 87167378 | ProgramServices |
| Management And General | 16555849 | ManagementAndGeneral |
| Fundraising | 2629101 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6964388 | Total |
| Program Services | 5508105 | ProgramServices |
| Management And General | 1166363 | ManagementAndGeneral |
| Fundraising | 289920 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8371767 | Total |
| Program Services | 5418252 | ProgramServices |
| Management And General | 2459505 | ManagementAndGeneral |
| Fundraising | 494010 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6244777 | Total |
| Program Services | 4939079 | ProgramServices |
| Management And General | 1052495 | ManagementAndGeneral |
| Fundraising | 253203 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 341833 | Total |
| Program Services | 29573 | ProgramServices |
| Management And General | 312260 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 412606 | Total |
| Program Services | 5000 | ProgramServices |
| Management And General | 407606 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 180376 | Total |
| Management And General | 180376 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161527 | Total |
| Fundraising | 161527 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28808 | Total |
| Management And General | 28808 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20649743 | Total |
| Program Services | 15523588 | ProgramServices |
| Management And General | 4227404 | ManagementAndGeneral |
| Fundraising | 898751 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 553377 | Total |
| Program Services | 497236 | ProgramServices |
| Management And General | 52243 | ManagementAndGeneral |
| Fundraising | 3898 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7855494 | Total |
| Program Services | 6256905 | ProgramServices |
| Management And General | 1434111 | ManagementAndGeneral |
| Fundraising | 164478 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1975677 | Total |
| Program Services | 740506 | ProgramServices |
| Management And General | 1123231 | ManagementAndGeneral |
| Fundraising | 111940 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39173222 | Total |
| Program Services | 36148289 | ProgramServices |
| Management And General | 3024933 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3796198 | Total |
| Program Services | 2975822 | ProgramServices |
| Management And General | 546806 | ManagementAndGeneral |
| Fundraising | 273570 | 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 | 259439 | Total |
| Program Services | 164359 | ProgramServices |
| Management And General | 82953 | ManagementAndGeneral |
| Fundraising | 12127 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10726019 | Total |
| Management And General | 10726019 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13757589 | Total |
| Management And General | 13757589 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 681797 | Total |
| Management And General | 681797 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| ANNUITY ADJUSTMENT | 160646 | 160646 |
| ASSET RETIREMENT OBLIGATION | 88416 | 88416 |
| INTERNAL TRANSFER | 18499 | 18499 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316180495 | Total |
| Program Services | 248663161 | ProgramServices |
| Management And General | 60395251 | ManagementAndGeneral |
| Fundraising | 7122083 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13129006 | BOY |
| EOY | 12044075 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7022876 | BOY |
| EOY | 3524103 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32097170 | BOY |
| EOY | 34475361 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7967928 | BOY |
| EOY | 2287460 | 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 | 11166494 | BOY |
| EOY | 11134728 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3701291 | BOY |
| EOY | 4086984 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 460381854 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 202800797 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 260673306 | BOY |
| EOY | 257581057 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168999938 | BOY |
| EOY | 160060194 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12427847 | BOY |
| EOY | 11429002 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13401586 | BOY |
| EOY | 13780586 | 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 | 24299238 | BOY |
| EOY | 22872579 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 554886680 | BOY |
| EOY | 533276129 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35491909 | BOY |
| EOY | 32399769 | 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 | 21537936 | BOY |
| EOY | 12225923 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 190000000 | BOY |
| EOY | 190000000 | 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 | 14000000 | BOY |
| EOY | 14000000 | 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 | 20360717 | BOY |
| EOY | 18041385 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281390562 | BOY |
| EOY | 266667077 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50539165 | BOY |
| EOY | 42478902 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31434257 | BOY |
| EOY | 23973985 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 191522696 | BOY |
| EOY | 200156165 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 273496118 | BOY |
| EOY | 266609052 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 554886680 | BOY |
| EOY | 533276129 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 443898 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -7330964 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| 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 | $180,376 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 180376 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOBBYING ACTIVITY EXPLANATION | Identifier |
| Return Reference | SCHEDULE C, PART II-B | ReturnReference |
| Explanation | Holland & Knight represented Illinois Institute of Technology before the Federal Government on issues related to funding various research programs. In addition, IIT's Vice President and Associate Vice President for External Affairs interact with Federal, state, and local officials regarding such matters. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 209463145 | BeginningOfYearBalance |
| Contributions | 10130000 | Contributions |
| Investment Earnings Or Losses | -8180000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4853838 | GrantsOrScholarships |
| Other Expenditures | 8146544 | OtherExpenditures |
| End Of Year Balance | 198412763 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 180039329 | BeginningOfYearBalance |
| Contributions | 16875000 | Contributions |
| Investment Earnings Or Losses | 25097000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 7863412 | GrantsOrScholarships |
| Other Expenditures | 4684772 | OtherExpenditures |
| End Of Year Balance | 209463145 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 174911000 | BeginningOfYearBalance |
| Contributions | 8014000 | Contributions |
| Investment Earnings Or Losses | 26465000 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 10471823 | GrantsOrScholarships |
| Other Expenditures | 18878848 | OtherExpenditures |
| End Of Year Balance | 180039329 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 294072000 | BeginningOfYearBalance |
| Contributions | 7533195 | Contributions |
| Investment Earnings Or Losses | -93313760 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4807145 | GrantsOrScholarships |
| Other Expenditures | 28573290 | OtherExpenditures |
| End Of Year Balance | 174911000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.12000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.88000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28700463 | OtherCostOrOtherBasis |
| Book Value | 28700463 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 349921570 | OtherCostOrOtherBasis |
| Depreciation | 149921651 | Depreciation |
| Book Value | 199999919 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 79021814 | OtherCostOrOtherBasis |
| Depreciation | 52879146 | Depreciation |
| Book Value | 26142668 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2738007 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 2738007 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 257581057 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FOR STUDENT LOANS | $8,117,287 |
| OBLIGATION UNDER SPLIT INT. AGMTS | $777,809 |
| STUDENT DEPOSITS AND OTHERS | $2,518,611 |
| POST RETIREMENT BENEFIT OBLIGATION | $4,161,482 |
| ASSET RETIREMENT OBLIGATION | $2,466,196 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 18041385 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Use of endowment fund | Sch D Part V, No. 4. | The purpose of the endowment funds is to facilitate donors' desires to make substantial long-term gifts to the university and to provide an additional source of revenue of the University. In doing so, the endowment funds provide a secure, long-term source of funds to: (a) fund special programs such as research and scholarships; (b) ensure long-term growth; (c) enhance the University's ability to meet changing needs; and (d) support the administrative expenses of the University as deemed appropriate. |
| FIN 48 (ASC 740) Footnote | Schedule D, Part X, Line 2 | The University has received a determination letter from the Internal Revenue Service (IRS) stating that they are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code except for tax on unrelated business income. It is management's belief that none of its activities have produced material unrelated business income, and that the University has operated in a manner that qualifies it for tax-exempt status. Accounting Principles generally accepted in the United States of America require University management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain postion that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax postions taken by the University and has concluded that as of May 31, 2012, there are no uncertain postions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The Universtiy is subject to routine audits by taxing juridisctions however, there are currently no audits for any tax periods in progress. The University management believes it is no longer subject to income tax examinations for years prior to 2008. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 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 | ExplanationExplanation |
|---|---|
| SCHEDULE E, LINE 3 | POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS. IT ALSO APPEARS ON APPLICATIONS, AND OTHER FORMS, AND IT IS POSTED ON THE UNIVERSITY'S WEBSITE. |
| SCHEDULE E, LINE 6A | LIST OF GOVERNMENT AGENCIES FROM WHICH IIT RECEIVES FINANCIAL AID AND ASSISTANCE: DEPARTMENT OF EDUCATION: - FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITY GRANTS - FEDERAL DIRECT LOANS - FEDERAL WORK STUDY PROGRAM - FEDERAL PERKINS LOAN PROGRAM - FEDERAL PELL GRANT PROGRAM ILLINOIS STUDENT ASSISTANCE COMMISSION: -ILLINOIS MONETARY AWARD PROGRAM GRANTS |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | 1 | Program Services | Class inst. & rectg. | 281065 |
| South Asia | 1 | 1 | Program Services | Class inst. & rectg. | 184266 |
| East Asia and the Pacific | 1 | Program Services | Consultant for rectg. | 258459 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 2 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 3 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 2 | TotalNumberOfOffices |
| Total Number Of Employees | 3 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 723790 | SubtotalAmountSpent |
| Total Amount Spent | 723790 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE F, LINE 3 | Description of Activity Outside United States Europe: IIT is mainly engaged in the recruitment of French and European students to the programs of the University and to welcome visiting students from the University. South Asia: To facilitate IIT's ability to deliver long distance internet-based educational programs to residents of various cities in India. East Asia and Pacific: IIT has engaged a consultant mainly for the recuritment of students for the Chicago campus. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Schedule F Part V | Form990ScheduleFPartV | |
| Form990 Schedule F Part V | Form990ScheduleFPartV | |
| Form990 Schedule F Part V | Form990ScheduleFPartV | |
| Form990 Schedule F Part V | Form990ScheduleFPartV |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Amount Retained By ContractorAmountRetainedByContractor | Gross ReceiptsGrossReceipts |
|---|---|---|---|---|
| Washburn McGoldrick Inc | Consult on raising fds | false | 124475 | |
| PJH Associates | Planning on dinner | false | 37052 | 401600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 401600 | TotalGrossReceipts |
| Total Retained By Contractors | 161527 | TotalRetainedByContractors |
| Licensed States | IL | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | HEALD DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 401600 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 294600 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 107000 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 31566 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 19265 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 44387 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF OUTING | NameOfEvent2 |
| Gross Receipts Event2 | 212550 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 172550 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 40000 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 34528 | RentFacilityCostsEvent2 |
| Other Direct Expenses Event2 | 8506 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 41950 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 27550 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 14400 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 1640 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 21622 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 18537 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 656100 | GrossReceiptsTotal |
| Charitable Contributions Total | 494700 | CharitableContributionsTotal |
| Gross Revenue Total Events | 161400 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 67734 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 40887 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 71430 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 180051 | DirectExpenseSummaryEvents |
| Net Income Summary | -18651 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | Scholarships | TypeOfGrant |
| Number Of Recipients | 6350 | NumberOfRecipients |
| Amount Of Cash Grant | 81025427 | AmountOfCashGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | The use of grant funds is monitored through a grant management system. | Identifier |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | X | WrittenEmploymentContract |
| 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 (22 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ALAN CRAMB | |||||||||||||
| 408933 | 0 | 0 | 0 | 33822 | 0 | 22050 | 0 | 17002 | 0 | 481807 | 0 | 0 | 0 |
| BETSY HUGHES | |||||||||||||
| 271533 | 0 | 30900 | 0 | 1242 | 0 | 22050 | 0 | 17002 | 0 | 342727 | 0 | 0 | 0 |
| DARSH WASAN | |||||||||||||
| 253845 | 0 | 0 | 0 | 4054 | 0 | 21330 | 0 | 11224 | 0 | 290453 | 0 | 0 | 0 |
| DAVID BAKER | |||||||||||||
| 207085 | 0 | 0 | 0 | 3353 | 0 | 18662 | 0 | 0 | 0 | 229100 | 0 | 0 | 0 |
| DONNA ROBERTSON | |||||||||||||
| 243490 | 0 | 0 | 0 | 2188 | 0 | 21312 | 0 | 15685 | 0 | 282675 | 0 | 0 | 0 |
| HAMID ARASTOOPOUR | |||||||||||||
| 273365 | 0 | 0 | 2985 | 0 | 19179 | 0 | 17002 | 0 | 312531 | 0 | 0 | 0 | |
| HAROLD KRENT | |||||||||||||
| 295705 | 0 | 1150 | 0 | 18822 | 0 | 22050 | 0 | 16258 | 0 | 353985 | 0 | 0 | 0 |
| HARVEY KAHALAS | |||||||||||||
| 298107 | 0 | 58491 | 0 | 25622 | 0 | 22050 | 0 | 11224 | 0 | 415494 | 0 | 0 | 0 |
| JOHN ANDERSON | |||||||||||||
| 559747 | 0 | 0 | 0 | 38358 | 0 | 22050 | 0 | 11224 | 0 | 631379 | 0 | 0 | 0 |
| JOHN COLLINS | |||||||||||||
| 236760 | 0 | 20690 | 0 | 3429 | 0 | 22050 | 0 | 0 | 0 | 282929 | 0 | 0 | 0 |
| LEROY KENNEDY | |||||||||||||
| 141768 | 0 | 0 | 0 | 1932 | 0 | 13230 | 0 | 11224 | 0 | 168154 | 0 | 0 | 0 |
| MARY ANNE SMITH | |||||||||||||
| 226437 | 0 | 0 | 0 | 6088 | 0 | 20821 | 0 | 5228 | 0 | 258574 | 0 | 0 | 0 |
| MOHAMMAD SHAHIDEHPOUR | |||||||||||||
| 286869 | 0 | 0 | 0 | 2322 | 0 | 22050 | 0 | 17002 | 0 | 328243 | 0 | 0 | 0 |
| NATACHA DEPAOLA | |||||||||||||
| 306914 | 0 | 0 | 0 | 17742 | 0 | 22050 | 0 | 17002 | 0 | 363708 | 0 | 0 | 0 |
| OPHIR TRIGALO | |||||||||||||
| 234277 | 0 | 0 | 1225 | 0 | 22050 | 0 | 17002 | 0 | 274554 | 0 | 0 | 0 | |
| PATRICIA LAUGHLIN | |||||||||||||
| 276637 | 0 | 0 | 2322 | 0 | 22050 | 0 | 11224 | 0 | 312233 | 0 | 0 | 0 | |
| RUSSELL BETTS | |||||||||||||
| 262960 | 0 | 0 | 0 | 20064 | 0 | 22050 | 0 | 0 | 305074 | 0 | 0 | 0 | |
| VINCENT TURITTO | |||||||||||||
| 223664 | 0 | 0 | 0 | 22291 | 0 | 20590 | 0 | 11756 | 0 | 278301 | 0 | 0 | 0 |
| A DAN TARLOCK | |||||||||||||
| 237553 | 0 | 6500 | 0 | 5706 | 0 | 20450 | 0 | 10457 | 0 | 280666 | 0 | 0 | 0 |
| JEANNE HARTIG | |||||||||||||
| 158676 | 0 | 0 | 0 | 2310 | 0 | 0 | 0 | 5162 | 0 | 166148 | 0 | 0 | 0 |
| LORI ANDREWS | |||||||||||||
| 278543 | 0 | 0 | 0 | 2116 | 0 | 20699 | 0 | 10457 | 0 | 311815 | 0 | 0 | 0 |
| ROBERT BRACKETT | |||||||||||||
| 255932 | 0 | 0 | 2515 | 0 | 1950 | 0 | 5428 | 0 | 265825 | 0 | 0 | 0 | |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| Illinois Finance Authority | |||||||
| 861091967 | 45200FYX1 | 2009-07-22 | 29381972 | Renovation of facilities | false | false | false |
| Illinois Finance Authority | |||||||
| 861091967 | 45200BYH5 | 2006-03-23 | 156502991 | Refinancing & Facility Renovation | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 29381972 | 2709106 | 0 | 0 | 587637 | 0 | 0 | 24039772 | 2045456 | 0 | 2011 | false | false | true | true |
| 0 | 0 | 156502991 | 0 | 0 | 103705558 | 1418858 | 0 | 0 | 51378575 | 0 | 0 | 2008 | true | true | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Business Name Line1NameOfGICProvider/BusinessNameLine1 | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|---|
| 0 | ||||||
| false | false | false | false | 0 | false | false |
| 0 | ||||||
| false | false | false | false | 0 | false | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Exelon Company | |||
| CEO is a trustee | 4888204 | Electricity Supplier | false |
| McCoy Energy LLC | |||
| owner is a Trustee | 103713 | Research Services | false |
| Grainger US | |||
| President is a trustee | 60186 | Supply Distributor | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Business transactions with interested persons | Identifier |
| Return Reference | Schedule L, Part IV | ReturnReference |
| Explanation | The transactions listed in Schedule L, Part IV, Business Transactions Involving Interested Persons, were consistent with the conflict of interest policy described in Schedule O. Illinois Institute of Technology requires compliance with the conflict of interest policy for all business transactions with interested persons. | Explanation |
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 | 1953 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | 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 | 31 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2308356 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 55000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Appraisal | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (5 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | Equipment | 1 | 112165 | FMV |
| X | Travel certificates (2) | 1 | 11984 | FMV |
| X | TV | 1 | 600 | FMV |
| X | Pool Table | 1 | 399 | FMV |
| X | Watch | 1 | 150 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Program Services | FORM 990, PART III, Line 4a | Instruction supports 31 majors, more than 60 minors, and has 92 specializations and has 2,801 undergraduate, 3,271 graduate, 904 law students, and 624 Ph.D. candidates. The University offered and awarded 518 bachelor, 1,640 master, 283 J.D., and 70 Ph.D. degrees during the 2012 academic year. The University continues to redefine its Interprofessional Projects (IPRO) program. The IPRO program joins together students from various academic disciplines to work as a team to solve a real-world problem. Such experiential learning reinforces traditional education methods, providing students a richer academic experience. Recently, IPRO project teams designed a refuelable electric car, built a community farm on campus, and designed a LEGO art program for urban youth. |
| Other Program Services | Form 990, Part III, Line 4d | STUDENT SERVICES: This program provides health, academic, student orientation and other student services including the student finance center, admissions, and registration. In addition, these services also include the dean of students and student activities and minority programs. AUXILIARY SERVICES: This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, six fraternity houses, and two sorority houses. |
| Related Party Transactions | FORM 990, PART VI, SECTION A, QUESTION 2 | In FY 2012, James E. Cowie, trustee of the University, disclosed a business relationship in that the firm of which he is managing partner managed capital for the families of the following trustees of the University: A. Steven Crown, Craig J. Duchossois and Patrick J. Kelly. In FY 2012, William Farrow and David J. Vitale, trustees of the University, disclosed a business relationship in that Mr. Vitale served as Chairman of the Board of the firm of which Mr. Farrow was President and CEO. In FY 2012, James R. Gagnard and Efthimios J. Stojka, trustees of the University, disclosed a business relationship in that Mr. Gagnard served on the board of the firm of which Mr. Stojka was CEO. In FY 2012, Robert L. Growney, Craig Duchossois, and Ellen Jordan Reidy, trustees of the University, disclosed that they had a business relationship in that they were investors, with others who are not officers, directors, trustees or key employees of the University, in a certain business venture. In FY 2012, Patrick J. Kelly and Craig J. Duchossois, trustees of the University, disclosed that they had business relationships in that they were investors, with others who are not officers, directors, trustees or key employees of the University, in certain business ventures. In addition, it was disclosed that Mr. Duchossois had an interest in a real estate fund led by Mr. Kelly. In FY 2012, John H. Krehbiel, Jr. and Robert J. Potter, trustees of the University, disclosed that they had a business relationship in that they served together on the board of directors of a company. In FY 2012, Rosemarie Mitchell, trustee of the University, disclosed that her firm had a business relationship with Sergesketter & Associations, of which Bernard F. Sergesketter, trustee of the University, is Chairman. In FY 2012, Michael J. Pacilio, trustee of the University, disclosed that the firm of which he is President, Exelon Generation, had a business relationship with Sargent & Lundy, of which Alan W. Wendorf, trustee of the University, is Chairman, President and CEO. In FY 2012, Carole Browe Segal and Craig Duchossois, trustees of the University, disclosed that they had a business relationship in that they were investors, with others who are not officers, directors, trustees or key employees of the University, in a certain business venture. |
| Form 990 Review | Form 990, Part VI, Section B, Question 11b | THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, AVP FINANCE & CONTROLLER, AND VICE PRESIDENT AND GENERAL COUNSEL. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS SENT TO THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW, FOLLOWED BY A CONFERENCE CALL FOR QUESTIONS AND ANSWERS. ONCE REVIEWED BY THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE, THE VICE PRESIDENT, FINANCE AND ADMINISTRATION SIGNS THE FORM 990. |
| Conflict of Interest Policy | Form 990, Part VI, Section B, Question 12c | ON AN ANNUAL BASIS, COVERED IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. GENERAL COUNSEL MONITORS THE EMPLOYEES AND TRUSTEES THAT HAVE REVIEWED THE POLICY AND DOCUMENT THE CONFLICT OF INTEREST INSTANCES. |
| Review of Compensation of CEO, Executive Director, or Top Management | Form 990, Part VI, Section B, Question 15a | THE BOARD OF TRUSTEES ("BOT") is RESPONSIBLE FOR ESTABLISHING THE PRESIDENT'S ("CEO") SALARY. THE BOT CREATES A PRESIDENT SEARCH COMMITTEE RESPONSIBLE FOR DEVELOPING THE SEARCH, SELECTING THE CANDIDATES FOR INTERVIEWING, ESTABLISHING THE SALARY, CONDUCTING THE INTERVIEWS AND RECOMMENDING THE CANDIDATE TO HIRE. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING ALL CHICAGO UNIVERSITIES AND NATIONAL UNIVERSITIES WITH THE SAME STUDENT ENROLLMENT AND OTHER ACTIVITIES. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE BOT AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE BOT MAY APPROVE AN ADJUSTMENT TO THE PRESIDENT'S SALARY. |
| Review of Key employees and highest compensated individuals Compensation | Form 990, Part VI, Section B, Question 15b | The authority to review the annual salaries of the President, the Vice Presidents, and other senior officers is delegated to the Executive Committee by the Board of Trustees. The Committee obtains comparative analyses and studies from the Human Resource department with respect to compensation of similar organizations to ensure that the University's compensation is comparable. After the Executive Committee reviews the performance and salary data, they vote on the compensation. |
| Availability of Governing Documents, Conflict of Interest Policy and F/S | Form 990, Part VI, Section C, Question 19 | Financial Statements, Conflict of Interest Policy, and Governing Documents are located on IIT's website. |
| Change in Other Net Assets | Form 990, Part XI, Line 5 | Net unrealized loss on investment (12,518,000) Net unrealized loss on beneficial interest in perpetual trust (1,351,000) Net loss on impairment of land parcel (645,000) Reverse for scholarships reflected in gross tuition (73,840,160) Reverse for grants and scholarships paid 81,025,427 Other (1,265) ----------- Total Other Changes in Net Assets (7,329,998) =========== |
| Consolidated Audit Report | Form 990, Part IV, Question 12 and Part XII, Question 2B | The Organization's Financial Statements were audited on a consolidated basis and no separate Company audit report is available. |
| Schedule B Contribution Reporting | For the tax year ended May 31, 2012, Illinois Institute of Technology has determined it meets the 33 and 1/3% support test as identified in Schedule B, Page 1, 'Special Rules'. Accordingly, Illinois Institute of Technology is only required to separately report contributions in excess of 2% of the total contributions received during the year. For the tax year ended May 31, 2012, no contributions exceeded this threshold. Therefore, Illinois Institute of Technology has reported the entire amount of cash and noncash contributions received on page 2 of Schedule B. This is part of a larger ongoing effort to continue streamlining activities to more efficiently and effectively further the mission of Illinois Institute of Technology. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IIT RESEARCH INSTITUTE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 West 35th Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60616 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362169122 | EIN |
| Primary Activities | Research | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | 11 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | TRANSACTIONS WITH RELATED ORGANIZATIONS | Identifier |
| Return Reference | SCHEDULE R, PART V, LINE 2 | ReturnReference |
| Explanation | THE TRANSACTIONS REPORTED IN LINE 1 ARE BETWEEN RELATED 501(C)(3) PUBLIC CHARITIES AND ARE NOT REPORTED IN THIS SECTION. | Explanation |