ERIKSON INSTITUTE: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ERIKSON INSTITUTE (EIN 36-2593545)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201111339349304711
- Schema version
- 2009v1.7
- 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 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 | 2011-05-13T15:05:42-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM MCGLADREY INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SOUTH WACKER DRIVE SUITE 800 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606063392 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362593545 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Erikson Institute | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ERIK | NameControl |
| Phone | 3127552250 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 451 North LaSalle Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606544510 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Samuel J Meisels | Name |
| Title | President | Title |
| Phone | 3127552250 | Phone |
| Date Signed | 2011-05-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3126343400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Samuel J Meisels | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 451 North LaSalle Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606544510 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19239273 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.Erikson.edu | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1966 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | Erikson is an institution of higher education focusing on teaching, research and clinical and community service in the area of child development and early care and education. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 40 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 39 | NbrIndependentVotingMembers |
| Total Nbr Employees | 230 | TotalNbrEmployees |
| Total Nbr Volunteers | 200 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 13700157 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 9765511 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 4486998 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 5266271 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 226411 | InvestmentIncomePriorYear |
| Investment Income Current Year | 310405 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 150372 | OtherRevenuePriorYear |
| Other Revenue Current Year | 74208 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18563938 | TotalRevenuePriorYear |
| Total Revenue Current Year | 15416395 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 1179538 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1229392 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10519303 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10819941 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 60448 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 830792 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7873026 | OtherExpensePriorYear |
| Other Expenses Current Year | 7534457 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 19632315 | TotalExpensesPriorYear |
| Total Expenses Current Year | 19583790 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1068377 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -4167395 | RevenuesLessExpensesCY |
| Total Assets BOY | 76635457 | TotalAssetsBOY |
| Total Assets EOY | 79969417 | TotalAssetsEOY |
| Total Liabilities BOY | 33493311 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 39926138 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 43142146 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 40043279 | NetAssetsOrFundBalancesEOY |
| Mission Description | Erikson Institute is an independent institution of higher education that prepares child development professionals for leadership. Through its academic programs, applied research and community service and engagement, Erikson advances the ability of practitioners, researchers,and decision makers to improve life for children and their families. The Institute is a catalyst for discovery and change, continually bringing the newest scientific knowledge and theories of children's development and learning into its classrooms and out to the community so that professionals serving children and families are informed, inspired and responsive. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 6169000 | Expense |
| Revenue | 3477000 | Revenue |
| Description | Erikson provides graduate level education child development and training. The number of enrolled students pursuing masters and doctoral degrees was approximately 300. Erikson graduated its largest class of 107 students this past year. Many more students take shorter-term certificate programs or engage in continuing professional development. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1608710 | Expense |
| Grants | 1229392 | Grants |
| Revenue | 247409 | Revenue |
| Description | The Herr Research Center for Children and Social Policy informs, guides, and supports effective early childhood policy in the Great Lakes region. Unique in its regional approach, the center brings together perspectives from policy and research to promote the well-being of your children from birth to age 8 and their families. Our researchers design and conduct original research, evaluations & analysis. We then channel this knowledge to government officials, program administrators, advocates, foundation officers and other participants in the policy process to improve the overall effectiveness of programs and policies for young children & families. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 747936 | Expense |
| Revenue | 131836 | Revenue |
| Description | The Fussy Baby network provides services to parents who are concerned about their baby's crying, sleeping or feeding, or who are overwhelmed by their child's needs. The network offers in-home visits, a call-in line to answer questions, and support groups for parents. In the Chicago area, developmental assessments can be done. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7129331 | Expense |
| Revenue | 1410026 | Revenue |
| Description | -Foster child development, monitoring & assessments-Center for children & families-New schools project-Early math training-Professional development | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 7129331 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 1410026 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 15654977 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 1 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 128 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 230 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 40 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 39 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 0 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 0 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Susan Wallace | NamePerson |
| Telephone Number | 3127552250 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 451 N LaSalle Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606544510 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| Catherine M Adduci | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Eric Adelstein | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Virginia G Bobins | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Barbara T Bowman | ||||||||
| Trustee/Professor | 40.00 | X | 139557 | 0 | 27829 | |||
| Martin Cabrera | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Jeanna Marie Capito | ||||||||
| Trustee/Lecturer | 1.00 | X | 3256 | 0 | 0 | |||
| Gery J Chico | ||||||||
| Chair | 1.00 | X | 0 | 0 | 0 | X | ||
| Michelle L Collins | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Katherine K Combs | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Susan G Gallagher | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sabrina Gracias | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Lee Eugene Harkleroad | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Toby Herr | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| John L Hines | ||||||||
| Secretary | 1.00 | X | 0 | 0 | 0 | X | ||
| Bruce E Huey | ||||||||
| Treasurer | 1.00 | X | 0 | 0 | 0 | X | ||
| Lewis S Ingall | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Richard P Kiphart | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Ira Korman | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Mary A Laraia | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Mitchell Lederer | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Edward S Loeb | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Shirley Madigan | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Judy McCaskey | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| John W McNulty | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Kate Neisser | ||||||||
| Vice Chair | 1.00 | X | 0 | 0 | 0 | X | ||
| Scott M Newberger | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Kathy Pick | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| James J Roche | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Royal Kennedy Rodgers | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Cari B Sacks | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 20800 | |||
| Gene R Saffold | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 11426 | |||
| Richard S Schuham | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Joy Segal | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sara Crown Star | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Eve M Tyree | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Patricia Walsh | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Joyce Walters | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Adrienne E White | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Susan J Wislow | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Sheri B Zuckerman | ||||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | |||
| Samuel Meisels | ||||||||
| President | 40.00 | 264527 | 0 | 37795 | X | |||
| Janice Promer | ||||||||
| Chief Financial Officer | 40.00 | 139640 | 0 | 16721 | X | |||
| Jonathon Frank | ||||||||
| CIO | 40.00 | 141400 | 0 | 24316 | X | |||
| Linda Gilkerson | ||||||||
| Professor | 40.00 | 122591 | 0 | 9877 | X | |||
| Gillian McNamee | ||||||||
| Professor | 40.00 | 113664 | 0 | 22136 | X | |||
| Jeanne Mueller | ||||||||
| VP for Enrollment | 40.00 | 141802 | 0 | 16515 | X | |||
| Eileen Murphy | ||||||||
| VP Institutional Adv. | 40.00 | 147891 | 0 | 11953 | X | |||
| Frances Rust Former - 63009 | ||||||||
| Sr. VP for Academics | 40.00 | 164316 | 0 | 15403 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1378644 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 214771 | TotalOtherCompensation |
| Number Individuals GT100 K | 15 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SRI International | |||||
| PO Box 2767 | Menlo Park | CA | 94025 | Project Research | 979461 |
| Alter Group | |||||
| 75 Remittance Drive | Chicago | IL | 60675 | Building Management | 339045 |
| Eurest Service | |||||
| 4700 N Oketo Avenue | Harwood Heights | IL | 60706 | Janitorial Service | 138006 |
| Ace Graphics | |||||
| 2052 Corporate Lane | Naperville | IL | 60563 | Design & Printing | 124814 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Fundraising Events | 650681 | FundraisingEvents |
| All Other Contributions | 9114830 | AllOtherContributions |
| Noncash Contributions | 16014 | NoncashContributions |
| Total Contributions | 9765511 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Student Tuition & Fees | 611600 | 3476614 | 3476614 |
| Consulting Fees | 611600 | 1789657 | 1789657 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 5266271 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 595569 | TotalRevenueColumn |
| Exclusion | $595,569 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3212505 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3497669 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -285164 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -285164 | TotalRevenueColumn |
| Exclusion | -$285,164 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 325209 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 650681 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 325209 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Miscellaneous | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 74208 | TotalRevenueColumn |
| Exclusion | $74,208 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 74208 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15416395 | TotalRevenueColumn |
| Related Or Exempt Function Income | 5266271 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $384,613 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1229392 | Total |
| Program Services | 1229392 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1356150 | Total |
| Program Services | 546051 | ProgramServices |
| Management And General | 685956 | ManagementAndGeneral |
| Fundraising | 124143 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7586206 | Total |
| Program Services | 6706045 | ProgramServices |
| Management And General | 530727 | ManagementAndGeneral |
| Fundraising | 349434 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 515496 | Total |
| Program Services | 418137 | ProgramServices |
| Management And General | 70081 | ManagementAndGeneral |
| Fundraising | 27278 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 659623 | Total |
| Program Services | 534543 | ProgramServices |
| Management And General | 90035 | ManagementAndGeneral |
| Fundraising | 35045 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 702466 | Total |
| Program Services | 569950 | ProgramServices |
| Management And General | 95388 | ManagementAndGeneral |
| Fundraising | 37128 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 56518 | Total |
| Program Services | 9952 | ProgramServices |
| Management And General | 46566 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31230 | Total |
| Program Services | 5496 | ProgramServices |
| Management And General | 25734 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91439 | Total |
| Management And General | 91439 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2459525 | Total |
| Program Services | 2015923 | ProgramServices |
| Management And General | 413099 | ManagementAndGeneral |
| Fundraising | 30503 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97092 | Total |
| Program Services | 85592 | ProgramServices |
| Management And General | 10920 | ManagementAndGeneral |
| Fundraising | 580 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397255 | Total |
| Program Services | 173836 | ProgramServices |
| Management And General | 198645 | ManagementAndGeneral |
| Fundraising | 24774 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141618 | Total |
| Program Services | 88114 | ProgramServices |
| Management And General | 46349 | ManagementAndGeneral |
| Fundraising | 7155 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44799 | Total |
| Program Services | 44799 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 518056 | Total |
| Program Services | 470352 | ProgramServices |
| Management And General | 12579 | ManagementAndGeneral |
| Fundraising | 35125 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218130 | Total |
| Program Services | 211081 | ProgramServices |
| Management And General | 6139 | ManagementAndGeneral |
| Fundraising | 910 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215755 | Total |
| Program Services | 179350 | ProgramServices |
| Management And General | 23880 | ManagementAndGeneral |
| Fundraising | 12525 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1543059 | Total |
| Program Services | 1080141 | ProgramServices |
| Management And General | 385765 | ManagementAndGeneral |
| Fundraising | 77153 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 951710 | Total |
| Program Services | 666197 | ProgramServices |
| Management And General | 237928 | ManagementAndGeneral |
| Fundraising | 47585 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184437 | Total |
| Program Services | 91643 | ProgramServices |
| Management And General | 92794 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising | Management And GeneralManagementAndGeneral |
|---|---|---|---|---|
| Printing and Copying | 223062 | 216384 | 6678 | |
| Miscellaneous Expenses | 161956 | 118078 | 11733 | 32145 |
| Bad Debt Expense | 117841 | 114459 | 2874 | 508 |
| Books, Library Material | 80975 | 79462 | 169 | 1344 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19583790 | Total |
| Program Services | 15654977 | ProgramServices |
| Management And General | 3098021 | ManagementAndGeneral |
| Fundraising | 830792 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 556075 | BOY |
| EOY | 2327246 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2458503 | BOY |
| EOY | 893594 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18028798 | BOY |
| EOY | 14516523 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73897 | BOY |
| EOY | 119058 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 34477794 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4097307 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31232879 | BOY |
| EOY | 30380487 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15453716 | BOY |
| EOY | 22239260 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7556072 | BOY |
| EOY | 9327356 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1275517 | BOY |
| EOY | 165893 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76635457 | BOY |
| EOY | 79969417 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 797319 | BOY |
| EOY | 1190287 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 195992 | BOY |
| EOY | 48302 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32500000 | BOY |
| EOY | 32500000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 6187549 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33493311 | BOY |
| EOY | 39926138 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15846455 | BOY |
| EOY | 15050627 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11435922 | BOY |
| EOY | 9357605 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15859769 | BOY |
| EOY | 15635047 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43142146 | BOY |
| EOY | 40043279 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76635457 | BOY |
| EOY | 79969417 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | 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 D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31706224 | BeginningOfYearBalance |
| Contributions | 1202691 | Contributions |
| Investment Earnings Or Losses | 3357460 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 55168 | GrantsOrScholarships |
| Other Expenditures | 4107362 | OtherExpenditures |
| End Of Year Balance | 32103845 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 19376195 | BeginningOfYearBalance |
| Contributions | 21194331 | Contributions |
| Investment Earnings Or Losses | -4375266 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 39500 | GrantsOrScholarships |
| Other Expenditures | 2949075 | OtherExpenditures |
| End Of Year Balance | 33206685 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.46880 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.04420 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.48700 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2692677 | OtherCostOrOtherBasis |
| Book Value | 2692677 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27824103 | OtherCostOrOtherBasis |
| Depreciation | 1347136 | Depreciation |
| Book Value | 26476967 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3908514 | OtherCostOrOtherBasis |
| Depreciation | 2750171 | Depreciation |
| Book Value | 1158343 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 52500 | OtherCostOrOtherBasis |
| Book Value | 52500 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 30380487 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Private Equity and Hedge Funds | Description |
| Book Value | 9327356 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 9327356 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Interest Rate Swap Agreement | Description |
| Amount | $6,187,549 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6187549 | TotalOfAmounts |
| Total Revenue | 15416395 | TotalRevenue |
| Total Expenses | 19583790 | TotalExpenses |
| Excess Or Deficit For Year | -4167395 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 3141258 | NetUnrealizedGLOnInvestments |
| Other | -$2,072,730 | OtherAmount |
| Total Adjustments | 1068528 | TotalAdjustments |
| Excess Or Deficit Per FS | -3098867 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 15164092 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3141258 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 3141258 | RevenueNotRptdF990 |
| Revenue Subtotal | 12022834 | RevenueSubtotal |
| Investment Expenses Not Included | 91439 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 3302122 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 3393561 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 15416395 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18262959 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18262959 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 91439 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 1229392 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 1320831 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 19583790 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | The Board of Trustees has designated certain amounts of unrestricted revenues to be classified as funds functioning as endowment. The income on these funds will be used to support ongoing operations. As of June 30, 2010, these funds were established for the following purposes: Facilities $8,131,390 General Operations $6,818,937 Scholarships $100,300 |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | On July 1, 2009, the Institute adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statments. Under this guidance, the Institute may recognize the tax benefit from an uncertain position only if it is more likely than not that the position will be sustained on examination by taxing authorities, based on technical merits of the position. Examples of tax positions include the tax-exempt status of the Institute, and various positions related to the potential sources of unrelated business taxable income (UBIT). There were no unrecognized tax benefits identified or recorded as liabilities during the year. The Institute files Form 990 in the U.S. federal jurisdiction and in the State of Illinois. The Institute is generally no longer subject to examination by the Internal Revenue Service for years before 2006. |
| Part XI, Line 8 - Other Adjustments: | Interest Rate Swap Adjustment To Fair Value | |
| Part XII, Line 4b - Other Adjustments: | Scholarship Awards and Grants: 1229392. Interest Rate Swap Fair Value Adjustment: 2072730. | |
| Part XIII, Line 4b - Other Adjustments: | Scholarship Awards and Grants: 1229392. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | 1 | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | 1 | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | 1 | PolicyPublViaBroadcastMedia |
| Pub Via Broadcast Media Expln | The policy is made available in both employee and student handbooks, as well as on the organization's website and in promotional materials used at recruiting events. | PubViaBroadcastMediaExpln |
| Maint Racial Composition Records | 1 | MaintRacialCompositionRecords |
| Maint Scholarships Records | 1 | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | 1 | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | 1 | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | 0 | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | 0 | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | 0 | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | 1 | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | 0 | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | 0 | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActy |
| Discriminate Race Explanation | Erikson has one scholarship fund that is specifically designed to be for minority students. | DiscriminateRaceExplanation |
| Government Financial Aid Received | 0 | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | 0 | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | 1 | ComplianceWithRevProc7550 |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 975890 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 650681 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 325209 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 109481 | NonCashPrizesEvent1 |
| Other Direct Expenses Event1 | 215728 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 975890 | GrossReceiptsTotal |
| Charitable Contributions Total | 650681 | CharitableContributionsTotal |
| Gross Revenue Total Events | 325209 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 109481 | NonCashPrizesTotalEvents |
| Other Direct Expenses Total Events | 215728 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 325209 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (10 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant |
|---|---|---|
| Boeing Scholarhsips | 19 | 90073 |
| Harris Leadership Scholarships | 40 | 337000 |
| B&N Harris Scholarships | 43 | 122916 |
| Infant Studies Scholarships | 16 | 74908 |
| CPS Scholarships | 14 | 49470 |
| DCYS Scholarships | 14 | 68140 |
| ISBE Scholarships | 19 | 175560 |
| Bounce Scholarships | 26 | 60560 |
| Grand Victoria Scholarhsips | 7 | 39914 |
| Gateway Scholarships | 7 | 31404 |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Scholarship funds can be used for tuition, books and living expenses. In general they are applied first to tuition and balances sent to students. It is reviewed every school term and is monitored in compliance with student aid protocols. The student loan program is audited every year in compliance with federal single audit standards. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Barbara T Bowman | |||||||||||||
| 136701 | 0 | 0 | 0 | 2856 | 0 | 27334 | 0 | 1395 | 0 | 168286 | 0 | 0 | 0 |
| Samuel Meisels | |||||||||||||
| 253811 | 0 | 0 | 0 | 10716 | 0 | 37300 | 0 | 1395 | 0 | 303222 | 0 | 0 | 0 |
| Janice Promer | |||||||||||||
| 139640 | 0 | 0 | 0 | 0 | 0 | 11426 | 0 | 6195 | 0 | 157261 | 0 | 0 | 0 |
| Jonathon Frank | |||||||||||||
| 141400 | 0 | 0 | 0 | 0 | 0 | 12153 | 0 | 13063 | 0 | 166616 | 0 | 0 | 0 |
| Jeanne Mueller | |||||||||||||
| 141802 | 0 | 0 | 0 | 0 | 0 | 11571 | 0 | 5844 | 0 | 159217 | 0 | 0 | 0 |
| Eileen Murphy | |||||||||||||
| 109855 | 0 | 0 | 0 | 38036 | 0 | 11953 | 0 | 600 | 0 | 160444 | 0 | 0 | 0 |
| Frances Rust (Former - 63009) | |||||||||||||
| 78843 | 0 | 0 | 0 | 85473 | 0 | 15403 | 0 | 0 | 0 | 179719 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Part I, Line 1a | Samuel Meisels has housing allowance of $7,500. |
| Part I, Line 4a | Frances Rust $85,473 severance payment, $2,194 non-qualified deferred plan Samuel Meisels $16,500 non-qualified deferred plan Barbara Bowman $15,500 non-qualified deferred plan Shirley Ray $16,500 non-qualified deferred plan Eileen Murphy $38,036 severance payment |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 861091967 | IssuerEIN |
| CUSIP Number | 452029AA9 | CUSIPNumber |
| Date Issued | 2007-12-12 | DateIssued |
| Issue Price | 32500000 | IssuePrice |
| Description Of Purpose | CONSTRUCT AND EQUIP FACILITY | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Proceeds | 32500000 | TotalProceeds |
| Amount Unspent | 1804646 | AmountUnspent |
| Issuance Costs From Proceeds | 328294 | IssuanceCostsFromProceeds |
| Capital Expenditures | 30367060 | CapitalExpenditures |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 0 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 16014 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Fair Market Value | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | auction items | Description |
| Number Of Contributions | 122 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Non Reporting of Revenue: | Identifier |
| Return Reference | Part I, Line 33: | ReturnReference |
| Explanation | Erikson Institute received 122 items for its auction event. The value of the donated items was not recorded. The sale of the items at the auction event is recognized in Part VIII. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | The Board delegated the detailed review of the 990 to the President, Chief Financial Officer, Finance Committee Chair and Audit Committee Chair. This group reviewed the form before it was filed with the IRS and indicates this approval in writing. |
| Form 990, Part VI, Section B, line 15a | The Compensation Committee is appointed by the Executive Committee of the Board. The Compensation Committee is charged with setting the President's compensation, including salary and benefits. The Compensation Committee reviews a compensation survey of similar positions in educational institutions similar to Erikson, located within a metropolitan area. This information is obtained from Form 990's. This review is conducted annually. The President reviews the compensation of officers and key employees of Erikson. He reviews a compensation survey of similar positions in educational institutions similar to Erikson, located within a metropolitan area. This review is conducted annually. |
| Form 990, Part VI, Section C, line 19 | Erikson Institute makes its governing documents, conflict of interest policy and tax returns available for public inspection upon written request. This inspection takes place at its corporate offices at 451 N. LaSalle Street, Chicago, IL. |
| Part VII, Section A, Column D | Reportable compensation for Barbara T. Bowman represents income earned as a Professor and not as a Director of the organization. Reportable compensation for Jeanna Marie Capito represents income earned as a Lecturer and not as a Director of the organization. |