ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
- Tax period
- 2009-06-01 to 2010-05-31
- Filed
- 2011-04-15
- IRS object ID
- 201121059349300612
- 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 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 | 2011-04-15T12:24:16-05:00 | Timestamp |
| Tax Period End Date | 2010-05-31 | 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 | 2009-06-01 | 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) |
|---|---|---|
| Name Control | ILLI | NameControl |
| Phone | 3125673677 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3300 S FEDERAL | 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 |
| Phone | 3125675850 | Phone |
| Date Signed | 2011-04-12 | 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 | 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 | 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 | 410928089 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| 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 | 67 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4457 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 5492 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 4492 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 55045384 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 58827069 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 183323764 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 192989303 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -48187065 | InvestmentIncomePriorYear |
| Investment Income Current Year | 76384816 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 451058 | OtherRevenuePriorYear |
| Other Revenue Current Year | 5004183 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 190633141 | TotalRevenuePriorYear |
| Total Revenue Current Year | 333205371 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 58374173 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 62327726 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 129146448 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 128648030 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 7305461 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 88880406 | OtherExpensePriorYear |
| Other Expenses Current Year | 101048351 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 276401027 | TotalExpensesPriorYear |
| Total Expenses Current Year | 292024107 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -85767886 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 41181264 | RevenuesLessExpensesCY |
| Total Assets BOY | 505564604 | TotalAssetsBOY |
| Total Assets EOY | 521138037 | TotalAssetsEOY |
| Total Liabilities BOY | 265812597 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 279387070 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 239752007 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 241750967 | NetAssetsOrFundBalancesEOY |
| 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 | 134234158 | Expense |
| Grants | 62327726 | Grants |
| Revenue | 123550986 | Revenue |
| Description | INSTRUCTION SUPPORT:- Instruction supports 27 majors, 54 minors, and more than 29 specializations and has 2618 undergraduates, 3737 graduates, and 1106 law students. The University offered and awarded 523 bachelor, 1379 master, 267 J.D., and 68 PHD degrees during the 2009-2010 academic year. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 45977298 | Expense |
| Revenue | 38517090 | Revenue |
| Description | RESEARCH:- Research awards received in fiscal year 2010 reached $54.5 million. IIT has received research awards in many areas that are synergistic with the university's strategic plan. Notably, the Electrical and Computer Engineering (ECE) Department received 30 awards totaling $13.4 million in part from the American Recovery and Investment Act. The Biological Chemical and Physical Sciences Department received 59 awards totaling $6.2 million, Chemical and Biological Engineering 21 awards totaling $3.7 million, Mechanical Aerospace and Material Engineering 31 awards totaling $2.8 million, and the Institute of Psychology 15 awards totaling $2.3 million. In addition, the National Center for Food Safety and Technology received 25 awards totaling $10.9 million. The awards on wind energy from the Department of Energy to ECE are synergistic with previous DOE grants on perfect power and position IIT as a major research institution for sustainable and renewable energy. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 24508007 | Expense |
| Revenue | 3810908 | 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 |
|---|---|---|
| 15213218 | 15096515 | STUDENT SERVICES |
| 12050175 | 12013804 | AUXILIARY SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 27263393 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 27110319 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 231982856 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| 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 | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 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 |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 9944 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 4457 | 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 |
| Nbr Voting Governing Body Members | 68 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 67 | 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 | 3300 S FEDERAL STREET | 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 | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| Jean K Holley | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John Anderson | |||||||||
| President | 39.0 | X | 573445 | 0 | 31439 | X | |||
| Vernon Armour | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| William C Bartholomay | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Giuseppe Joe Calabrese | |||||||||
| 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 | ||||
| Craig J Duchossois | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 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 | ||||
| Donald R Hollis | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| David C Hovey Sr FAIA | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Richard M Jaffee | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robert L Growney | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Martin C Jischke Ph D | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Norbert O Kaiser | |||||||||
| 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 | ||||
| Edward L Kaplan | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | X | |||
| 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 | ||||
| John H Krehbiel Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Thomas E Lanctot | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| F Christopher Chris Lee | |||||||||
| 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 | ||||
| Goran Lindahl | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Dirk Lohan FAIA | |||||||||
| 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 | 0 | 0 | 0 | X | |||
| 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 | ||||
| Sam Pitroda | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robert J Potter PhD | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Robert A Pritzker | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | X | |||
| Efthimios Tim J Stojka | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Ellen Jordan Reidy | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John Tracy PhD | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John W Rowe | |||||||||
| Chairman Board of Trustee | 1.0 | X | 0 | 0 | 0 | X | |||
| James C Tyree | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| William A VanSanten Jr | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Carole Browe Segal | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| David J Vitale | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | X | |||
| M A Self | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bernard F Segrsketter | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Carl S Spetzler PhD | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Priscilla Anne Walter | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Ralph Wanger | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alan W Bud Wendorf | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Mark R Hannah PhD | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bryan R Dunn | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Andrew V Agostini | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| A Steven Crown | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Bahman Atefi ScD | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John Peter Calamos Sr | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Elzie L Higginbottom | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Eric C Larson | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Michael A Pulick | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Sherita Ceasar | |||||||||
| trustee | 1.0 | X | 0 | 0 | 0 | ||||
| John Schmidt | |||||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | ||||
| Alan Cramb | |||||||||
| Provost | 39.0 | 411045 | 0 | 36282 | X | ||||
| Betsy Hughes | |||||||||
| VP-Institutional Advancement | 39.0 | 305857 | 0 | 35539 | X | ||||
| Vincent Turitto | |||||||||
| Chairperson/Director | 39.0 | 233993 | 0 | 32883 | X | ||||
| Ophir Trigalo | |||||||||
| CIO | 39.0 | 245437 | 0 | 36613 | X | ||||
| John Collins | |||||||||
| VP Business & Operations | 39.0 | 249289 | 0 | 22050 | X | ||||
| Darsh Wasan | |||||||||
| VP & Motorola Professor | 39.0 | 245525 | 0 | 29702 | X | ||||
| Hamid Arastoopour | |||||||||
| Professor | 39.0 | 239438 | 0 | 26194 | X | ||||
| Mary Anne Smith | |||||||||
| VP-General Counsel | 39.0 | 236910 | 0 | 25660 | X | ||||
| Susan Wallace | |||||||||
| CFO | 39.0 | 235529 | 0 | 34517 | X | ||||
| David Baker | |||||||||
| VP External Affairs | 39.0 | 185413 | 0 | 24569 | X | ||||
| Leroy Kennedy | |||||||||
| VP-Community Affairs/Outreach | 39.0 | 143036 | 0 | 23142 | X | ||||
| Patricia Laughlin | |||||||||
| VP Finance and Admin | 39.0 | 113771 | 0 | 877 | X | ||||
| Harvey Kahalas | |||||||||
| Dean | 39.0 | 343869 | 0 | 31439 | X | ||||
| Harold Krent | |||||||||
| Dean/Professor of Law | 39.0 | 287192 | 0 | 35659 | X | ||||
| Martin Cole | |||||||||
| Director | 39.0 | 271768 | 0 | 34632 | X | ||||
| Donna Robertson | |||||||||
| Dean | 39.0 | 224864 | 0 | 33919 | X | ||||
| Patrick Whitney | |||||||||
| Dean | 39.0 | 172767 | 0 | 8925 | X | ||||
| Russell Betts | |||||||||
| Dean | 39.0 | 273054 | 0 | 22050 | X | ||||
| Henry Perritt | |||||||||
| Professor | 39.0 | 227292 | 0 | 27720 | X | ||||
| Allan Meyerson | |||||||||
| Professor | 39.0 | 281004 | 0 | 27830 | X | ||||
| Siva Balasubramanian | |||||||||
| Assoc.Dean and Prof Marketing | 39.0 | 232735 | 0 | 32840 | X | ||||
| Norman Lederman | |||||||||
| Chairman/Professor | 39.0 | 230372 | 0 | 20582 | X | ||||
| Mohammad Shahidehpour | |||||||||
| Chairman/Prof | 39.0 | 228362 | 0 | 31853 | X | ||||
| Lewis Collens | |||||||||
| Professor/President Emeritus | 39.0 | 272303 | 0 | 30755 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6464270 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 697671 | TotalOtherCompensation |
| Number Individuals GT100 K | 254 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Bulley and AndrewsUjamaa Construct | |||||
| 1755 W Armitage Ave | CHICAGO | IL | 60622 | construction | 3136456 |
| Levy Security Corporation | |||||
| 6070 Eagle Way | CHICAGO | IL | 60678 | Public Safety | 2837802 |
| RJB Properties Incorporated | |||||
| 11415 W 183rd PL Suite B | ORLAND PARK | IL | 60467 | janitorial | 1977339 |
| Sodexo Inc and Affiliates | |||||
| 4880 Payshere Circle | Chicago | IL | 60674 | Food Service | 4473923 |
| ABM Janitorial Midwest Inc | |||||
| 75 Remittance Drive Suite 3011 | Chicago | IL | 606753011 | Janitorial | 3137353 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 85 | NumberOfContractorsGT100K |
| Fundraising Events | 30350 | FundraisingEvents |
| Government Grants | 43390161 | GovernmentGrants |
| All Other Contributions | 15406558 | AllOtherContributions |
| Noncash Contributions | 1012680 | NoncashContributions |
| Total Contributions | 58827069 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 900099 | 169118984 | 169118984 |
| SALES/SERVICES OF AUXILIARY ENTERPRISES | 900099 | 12555574 | 12555574 |
| STUDENT SERVICES | 900099 | 14554745 | 14554745 |
| EQUITY INTEREST ON IITRI | 900099 | -3240000 | -3240000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 192989303 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2525998 | TotalRevenueColumn |
| Unrelated Business Revenue | 5492 | UnrelatedBusinessRevenue |
| Exclusion | $2,520,506 | 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) |
|---|---|---|
| Personal | 1494386 | Personal |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 1060236 | Personal |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Personal | 434150 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 434150 | TotalRevenueColumn |
| Exclusion | $434,150 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 146539068 | Securities |
| Other | 3938894 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 72443068 | Securities |
| Other | 4176076 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 74096000 | Securities |
| Other | -237182 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 73858818 | TotalRevenueColumn |
| Exclusion | $73,858,818 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 14020 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 30350 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 43338 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -29318 | TotalRevenueColumn |
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 (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| FIXED ASSET ADJUSTMENT | 900099 | 2256780 | $2,256,780 |
| ASSET RETIREMENT OBLIGATION | 900099 | 2342571 | $2,342,571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4599351 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 333205371 | TotalRevenueColumn |
| Related Or Exempt Function Income | 192989303 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 5492 | UnrelatedBusinessRevenue |
| Exclusion | $81,412,825 | 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 | 62327726 | Total |
| Program Services | 62327726 | 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 | 6548639 | Total |
| Program Services | 2661363 | ProgramServices |
| Management And General | 2088604 | ManagementAndGeneral |
| Fundraising | 1798672 | 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 | 100397868 | Total |
| Program Services | 82525371 | ProgramServices |
| Management And General | 15228904 | ManagementAndGeneral |
| Fundraising | 2643593 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5851906 | Total |
| Program Services | 4602809 | ProgramServices |
| Management And General | 1078567 | ManagementAndGeneral |
| Fundraising | 170530 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9430098 | Total |
| Program Services | 5159401 | ProgramServices |
| Management And General | 3960262 | ManagementAndGeneral |
| Fundraising | 310435 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6419519 | Total |
| Program Services | 5074568 | ProgramServices |
| Management And General | 1054579 | ManagementAndGeneral |
| Fundraising | 290372 | 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 | 532254 | Total |
| Program Services | 30212 | ProgramServices |
| Management And General | 502042 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 375495 | Total |
| Program Services | 5000 | ProgramServices |
| Management And General | 370495 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 252985 | Total |
| Management And General | 252985 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22087 | Total |
| Management And General | 22087 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20840719 | Total |
| Program Services | 18663311 | ProgramServices |
| Management And General | 872929 | ManagementAndGeneral |
| Fundraising | 1304479 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 790340 | Total |
| Program Services | 686051 | ProgramServices |
| Management And General | 97626 | ManagementAndGeneral |
| Fundraising | 6663 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7503660 | Total |
| Program Services | 6083475 | ProgramServices |
| Management And General | 1223764 | ManagementAndGeneral |
| Fundraising | 196421 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1085422 | Total |
| Program Services | 441414 | ProgramServices |
| Management And General | 502802 | ManagementAndGeneral |
| Fundraising | 141206 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41126109 | Total |
| Program Services | 40263237 | ProgramServices |
| Management And General | 862872 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4001723 | Total |
| Program Services | 3112786 | ProgramServices |
| Management And General | 452614 | ManagementAndGeneral |
| Fundraising | 436323 | 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 | 397787 | Total |
| Program Services | 346132 | ProgramServices |
| Management And General | 44888 | ManagementAndGeneral |
| Fundraising | 6767 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9948115 | Total |
| Management And General | 9948115 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13492840 | Total |
| Management And General | 13492840 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 678815 | Total |
| Management And General | 678815 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 292024107 | Total |
| Program Services | 231982856 | ProgramServices |
| Management And General | 52735790 | ManagementAndGeneral |
| Fundraising | 7305461 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1438370 | BOY |
| EOY | 1674587 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5360111 | BOY |
| EOY | 22916427 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20088571 | BOY |
| EOY | 25288287 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9882266 | BOY |
| EOY | 7609573 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11260867 | BOY |
| EOY | 11506959 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2044354 | BOY |
| EOY | 3614604 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 440729165 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 188092534 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255833550 | BOY |
| EOY | 252636631 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 135123144 | BOY |
| EOY | 148320608 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28106630 | BOY |
| EOY | 11973697 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16393586 | BOY |
| EOY | 13153586 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20033155 | BOY |
| EOY | 22443078 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 505564604 | BOY |
| EOY | 521138037 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35772734 | BOY |
| EOY | 34249236 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14856635 | BOY |
| EOY | 16385240 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 160000000 | BOY |
| EOY | 183660000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32650000 | BOY |
| EOY | 23340000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22533228 | BOY |
| EOY | 21752594 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265812597 | BOY |
| EOY | 279387070 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 49503738 | BOY |
| EOY | 36364001 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18855203 | BOY |
| EOY | 33538464 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171393066 | BOY |
| EOY | 171848502 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 239752007 | BOY |
| EOY | 241750967 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 505564604 | BOY |
| EOY | 521138037 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
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 | $253,000 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 253000 | 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 and John T. O'Connell LTD. performs the same function before the State of Illinois. In addition, iit's vice president and assistant vice president for external affairs interact with federal and state 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 | 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 Minus1 Year CurrentYearMinus1Year
| 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 | 0.15000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.85000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 30010463 | OtherCostOrOtherBasis |
| Book Value | 30010463 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 318176967 | OtherCostOrOtherBasis |
| Depreciation | 128099846 | Depreciation |
| Book Value | 190077121 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 82222333 | OtherCostOrOtherBasis |
| Depreciation | 59992688 | Depreciation |
| Book Value | 22229645 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 10319402 | OtherCostOrOtherBasis |
| Book Value | 10319402 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 252636631 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FOR STUDENT LOANS | $8,117,287 |
| INTEREST AGREEMENTS | $1,406,926 |
| DEPOSITS BY STUDENTS & OTHER | $3,382,813 |
| BENEFIT OBLIGATION | $2,067,681 |
| OBLIGATION RESERVE | $6,777,887 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 21752594 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Use of endowment fund | Identifier |
| Return Reference | Part V, line 4 | ReturnReference |
| Explanation | The purpose of the endowment fund is to facilitate donors' desires to make substantial long-term gifts to and to develop a new and significant source of revenue for the University. In doing so, the endowment fund provides a secure, long-term source of funds to: (a) fund special programs, such as research and scholarship; (b) ensures long-term growth; (c) enhances the University's ability to meet changing needs; and (d) supports the administrative expenses of the University as deemed appropriate. | Explanation |
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 |
| Pub Via Broadcast Media Expln | POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS, applications, forms and on its website. | PubViaBroadcastMediaExpln |
| 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 |
| Govt Financial Aid Explanation | Per Schedule E-List of government agencies that IIT receives financial aid and assistance from:- Department of Education:- Federal Supplemental Education Opportunity Grants Federal Family Education Loans Federal Work Study Program Federal Perkins Loan Program Federal Pell Grant Program Academic Competitiveness Grants National Science and Mathematics Access To Retain Talent (SMART) Grants Illinois Student Assistance Commission:- Illinois Monetary Award Program Grants | GovtFinancialAidExplanation |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (3 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 1 | Program Services | Class inst. & rectg. | 336773 |
| South Asia | 1 | Program Services | Class inst. & rectg. | 143861 |
| East Asia and the Pacific | Program Services | Consultants for Rectg. | 211715 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 2 | TotalNumberOfOffices |
| Total Amount Spent | 692349 | TotalAmountSpent |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Law Luncheon | NameOfEvent1 |
| Gross Receipts Event1 | 44370 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 30350 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 14020 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 22648 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 20690 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 44370 | GrossReceiptsTotal |
| Charitable Contributions Total | 30350 | CharitableContributionsTotal |
| Gross Revenue Total Events | 14020 | GrossRevenueTotalEvents |
| Food And Beverage Total Events | 22648 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 20690 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 43338 | DirectExpenseSummaryEvents |
| Net Income Summary | -29318 | 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 | 9730 | NumberOfRecipients |
| Amount Of Cash Grant | 62327726 | 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 (24 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| John Anderson | |||||||||||||
| 538381 | 0 | 0 | 0 | 35064 | 0 | 22050 | 0 | 9389 | 0 | 604884 | 0 | 0 | 0 |
| Alan Cramb | |||||||||||||
| 377223 | 0 | 0 | 0 | 33822 | 0 | 22050 | 0 | 14232 | 0 | 447327 | 0 | 0 | 0 |
| Betsy Hughes | |||||||||||||
| 276047 | 0 | 29000 | 0 | 810 | 0 | 22050 | 0 | 13489 | 0 | 341396 | 0 | 0 | 0 |
| Vincent Turitto | |||||||||||||
| 211595 | 0 | 0 | 0 | 22398 | 0 | 19650 | 0 | 13233 | 0 | 266876 | 0 | 0 | 0 |
| Ophir Trigalo | |||||||||||||
| 228147 | 0 | 0 | 0 | 17290 | 0 | 22050 | 0 | 14563 | 0 | 282050 | 0 | 0 | 0 |
| John Collins | |||||||||||||
| 245860 | 0 | 0 | 0 | 3429 | 0 | 22050 | 0 | 0 | 0 | 271339 | 0 | 0 | 0 |
| Darsh Wasan | |||||||||||||
| 241718 | 0 | 0 | 0 | 3807 | 0 | 20313 | 0 | 9389 | 0 | 275227 | 0 | 0 | 0 |
| Hamid Arastoopour | |||||||||||||
| 237792 | 0 | 0 | 0 | 1646 | 0 | 16605 | 0 | 9589 | 0 | 265632 | 0 | 0 | 0 |
| Mary Anne Smith | |||||||||||||
| 230999 | 0 | 0 | 0 | 5911 | 0 | 21197 | 0 | 4463 | 0 | 262570 | 0 | 0 | 0 |
| Susan Wallace | |||||||||||||
| 224419 | 0 | 10000 | 0 | 1110 | 0 | 21104 | 0 | 13413 | 0 | 270046 | 0 | 0 | 0 |
| David Baker | |||||||||||||
| 182624 | 0 | 0 | 0 | 2789 | 0 | 16683 | 0 | 7887 | 0 | 209983 | 0 | 0 | 0 |
| Leroy Kennedy | |||||||||||||
| 141206 | 0 | 0 | 0 | 1830 | 0 | 13122 | 0 | 10020 | 0 | 166178 | 0 | 0 | 0 |
| Henry Perritt | |||||||||||||
| 221028 | 0 | 0 | 0 | 6264 | 0 | 19015 | 0 | 8705 | 0 | 255012 | 0 | 0 | 0 |
| Harvey Kahalas | |||||||||||||
| 293061 | 0 | 28791 | 0 | 22017 | 0 | 22050 | 0 | 9389 | 0 | 375308 | 0 | 0 | 0 |
| Harold Krent | |||||||||||||
| 269450 | 0 | 0 | 0 | 17742 | 0 | 22050 | 0 | 13609 | 0 | 322851 | 0 | 0 | 0 |
| Martin Cole | |||||||||||||
| 220929 | 0 | 50125 | 0 | 714 | 0 | 20400 | 0 | 14232 | 0 | 306400 | 0 | 0 | 0 |
| Donna Robertson | |||||||||||||
| 222728 | 0 | 0 | 0 | 2136 | 0 | 20862 | 0 | 13057 | 0 | 258783 | 0 | 0 | 0 |
| Patrick Whitney | |||||||||||||
| 154673 | 0 | 0 | 0 | 18094 | 0 | 0 | 0 | 8925 | 0 | 181692 | 0 | 0 | 0 |
| Allan Meyerson | |||||||||||||
| 262569 | 0 | 0 | 0 | 18435 | 0 | 19125 | 0 | 8705 | 0 | 308834 | 0 | 0 | 0 |
| Lewis Collens | |||||||||||||
| 252172 | 0 | 0 | 0 | 20131 | 0 | 22050 | 0 | 8705 | 0 | 303058 | 0 | 0 | 0 |
| Russell Betts | |||||||||||||
| 252990 | 0 | 0 | 0 | 20064 | 0 | 22050 | 0 | 0 | 0 | 295104 | 0 | 0 | 0 |
| Siva Balasubramanian | |||||||||||||
| 188881 | 0 | 26333 | 0 | 17521 | 0 | 18900 | 0 | 13940 | 0 | 265575 | 0 | 0 | 0 |
| Norman Lederman | |||||||||||||
| 212687 | 0 | 16173 | 0 | 1512 | 0 | 15435 | 0 | 5147 | 0 | 250954 | 0 | 0 | 0 |
| Mohammad Shahidehpour | |||||||||||||
| 227438 | 0 | 0 | 0 | 924 | 0 | 17290 | 0 | 14563 | 0 | 260215 | 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 |
|---|---|---|---|---|---|---|
| Illinois Finance Authority | ||||||
| 861091967 | 45200FYX1 | 2009-07-22 | 29381972 | Renovation of facilities | false | false |
| Illinois Finance Authority | ||||||
| 861091967 | 45200BYH5 | 2006-03-23 | 156502991 | Refinancing & facility Renovation | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Amount UnspentAmountUnspent | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount DefeasedAmountDefeased |
|---|---|---|---|---|---|---|---|---|---|---|
| 29381972 | 2709106 | 12723512 | 587637 | 13361717 | 2011 | false | false | false | true | |
| 156502991 | 1418858 | 51378575 | 2008 | true | true | true | true | 103705558 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | false | false | false | false | 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 | Gross Proceeds InvestedGrossProceedsInvested |
|---|---|---|---|---|
| false | false | false | false | false |
| false | false | false | false | false |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Mesirow financial services | |||
| CEO is a Trustee | 337583 | insurance premiums | false |
| mesirow financial services | |||
| ceo is a trustee | 85000 | insurance brokerage services | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 6500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 6000 | 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 | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | TRAINING SIMULATORS FOR Dept of Engineering | 2 | 1000000 | FMV |
| X | UM-3 Measurescope | 1 | 180 | FMV |
| 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 (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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, one student apartment building, six fraternities, and three sororities. |
| Related Party Transactions | FORM 990, PART VI, SECTION A, QUESTION 2 | Andrew V. Agostini and James C. Tyree, trustees of the University, have a business relationship in that they are investors in certain business ventures. Patrick J. Kelly and Craig J. Duchossois, trustees of the University, have a business relationship in that they are investors in certain business ventures and investment entities. James E. Cowie, Craig J. Duchossois, Donald R. Hollis and A. Steven Crown, trustees of the University, have a business relationship in that Mr. Duchossois and Mr. Crown serve on the advisory board of an investment firm in which Mr. Cowie has an ownership interest and Mr. Hollis is a director of a company that is a portfolio company of the investment firm in which Mr. Cowie has an ownership interest. Michael P. Galvin and Robert W. Galvin, trustees of the University, have a family relationship. Bahman Atefi and Donald E. Goss, trustees of the University, have a business relationship in that they serve together on the board of directors of a company. Victor A. Morgenstern and Antonio J. Gracias, trustees of the University, have a business relationship in that they are investors in a certain business venture. Robert J. Potter and Edward J. Kaplan, trustees of the University, have a business relationship in that they serve together on the board of directors of a company. Robert J. Potter and John H. Krehbiel, Jr., trustees of the University, have a business relationship in that they serve together on the board of directors of a company. |
| Form 990 Review | Form 990, Part VI, Section B, Question 11a | THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, AVP FINANCE & CONTROLLER, and VICE PRESIDENT & GENERAL COUNSEL. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS SENT TO THE AUDIT 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 OF FINANCE AND ADMINISTRATION WILL SIGN THE FORM 990. |
| Conflict of Interest Policy | Form 990, Part VI, Section B, Question 12c | ON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL full-time faculty, part time faculty who are principal investigators, and administrative staff with budgetary or financial responsibility and trustees ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. The GENERAL COUNSEL's office MONITORS THE EMPLOYEES AND TRUSTEES who 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 comparable 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. |
| 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. |
| Transactions with related organizations | schedule r, part v, line 2 | The transactions reported in line 1 are between related 501(c)(3) public charities and are not reported in this section. |
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) |
|---|---|---|
| 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) |
|---|---|---|
| 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 | true | 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 |