2026-04-14T09:11:04-05:00 2025-05-31 363168081 SIKICH LLC 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2024-06-01 362515868 JUDSON UNIVERSITY A BAPTIST INSTITUTION JUDS 8476282500 1151 N STATE ST ELGIN IL 60123 SARAH TAYLOR VP OF BUSINESS AFFAIRS 8476282500 2026-04-13 1 1 AMANDA WHITE P01790293 6305668400 2026-04-13 2024 2025-03-06 01:10:19Z DR GENE C CRUME 1151 N STATE ST ELGIN IL 60123 43731053 0 X WWW.JUDSONU.EDU X 1963 IL FOUR YEAR PRIVATE, CHRISTIAN LIBERAL ARTS UNIVERSITY 19 18 662 100 0 0 5269449 5186733 30796131 34437531 153082 159036 1169185 715385 37387847 40498685 13306036 13338615 0 0 11833952 13253090 0 0 369625 11971622 14438746 37111610 41030451 276237 -531766 54327505 53911408 26307460 25959530 28020045 27951878 X JUDSON IS AN EVANGELICAL CHRISTIAN UNIVERSITY THAT REPRESENTS THE CHURCH AT WORK IN HIGHER EDUCATION, EQUIPPING STUDENTS TO BE FULLY DEVELOPED, RESPONSIBLE PERSONS WHO GLORIFY GOD BY THE QUALITY OF THEIR RELATIONSHIPS, WORK, AND CITIZENSHIP IN THE COMMUNITY, NATION, AND THE WORLD. THROUGH A BROADLY BASED EDUCATION IN THE LIBERAL ARTS, SCIENCES, AND PROFESSIONS, THE UNIVERSITY ENABLES ITS STUDENTS TO ACQUIRE IDEAS AND CONCEPTS THAT SHARPEN THEIR INSIGHTS, DEVELOP SKILLS APPROPRIATE TO THEIR CAREER GOALS, AND DEVELOP THE SKILLS AND COMMITMENT FOR LIFELONG LEARNING. THE JUDSON COMMUNITY EXPERIENCE CHALLENGES GRADUATES TO BE DECISIVE LEADERS AND ACTIVE PARTICIPANTS IN CHURCH AND SOCIETY, ARTICULATE PROPONENTS OF BIBLICAL CHRISTIANITY, PERSUASIVE ADVOCATES FOR THE SOVEREIGNTY OF GOD OVER ALL LIFE, AND EFFECTIVE AMBASSADORS FOR CHRIST. 0 0 25776411 13338615 24782729 LIBERAL ARTS INSTRUCTION - PROVIDED INSTRUCTION AND RELATED SERVICES TO 960 STUDENTS CONSISTING OF 685 STUDENTS IN THE TRADITIONAL LIBERAL ARTS PROGRAM, 33 IN THE POSTBACHELOR OF ARTS PROGRAM, 210 IN THE MASTERS' PROGRAMS, 32 IN THE DOCTORATE PROGRAMS. 3727990 5290980 HOUSING AND FOOD SERVICE - PROVIDED HOUSING AND RELATED SERVICES TO APPROXIMATELY 67% OF THE ABOVE TRADITIONAL STUDENTS. 3316516 4363822 ADULT CONTINUING EDUCATION - PROVIDED INSTRUCTION AND RELATED SERVICES TO 235 TOTAL STUDENTS, 125 NURSING STUDENTS. THIS STUDENT POPULATION NOW INCLUDES OUR AMBRIA COLLEGE OF NURSING SCHOOL ENROLLMENT. THE NURSING SCHOOL OFFERS BOTH RN AND LPN PROGRAMS. 32820917 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 27 0 662 1 0 1 CA 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X SARAH TAYLOR 8476282500 1151 N STATE ST ELGIN IL 60123 DR GENE CRUME PRESIDENT 40.00 X X 203630 0 14656 BISHOP DR MICHAEL LOVE CHAIR OF THE BOARD 1.00 X X 0 0 0 CHARLOTTE CANNING VICE CHAIR 1.00 X X 0 0 0 BENJAMIN GLUNZ TREASURER 1.00 X X 0 0 0 REV GREG HUGULEY SECRETARY 1.00 X X 0 0 0 DR DARRYL JENKINS TRUSTEE 1.00 X 0 0 0 REV DR RANDY GAUGER TRUSTEE 1.00 X 0 0 0 DR ADAM MACKINTOSH TRUSTEE 1.00 X 0 0 0 DR BRETT SMITH TRUSTEE 1.00 X 0 0 0 REV DR DAE SIK YANG TRUSTEE 1.00 X 0 0 0 MAURICE ADEME TRUSTEE 1.00 X 0 0 0 HAROLD BOOZE TRUSTEE 1.00 X 0 0 0 LINDA COLSON TRUSTEE 1.00 X 0 0 0 DENNIS DEMOSS TRUSTEE 1.00 X 0 0 0 JACOB GOEBBERT TRUSTEE 1.00 X 0 0 0 CHRIS LESNER TRUSTEE 1.00 X 0 0 0 TODD OELERICH TRUSTEE 1.00 X 0 0 0 KEVIN SMITH TRUSTEE 1.00 X 0 0 0 BRUCE STROM TRUSTEE 1.00 X 0 0 0 DR NICOLE FENNERN EXECUTIVE VICE PRESIDENT 40.00 X 104406 0 12625 DR LANETTE POTEETE-YOUNG VP OF ACADEMIC AFFAIRS 40.00 X 109401 0 14160 SARAH TAYLOR VP OF BUSINESS AFFAIRS 40.00 X 123461 0 12040 540898 0 53481 4 0 1 0 COMPASS GROUP 3220 VANDIVER DR COLUMBIA MO 65202 DINING SERVICES MANAGEMENT 1129555 RABINE MECHANICAL 900 NATIONAL PKWY SCHAUMBURG IL 60173 MAINTENANCE 416765 TIAA-CREF 55 E LOOP RD WHEATON IL 60189 RETIREMENT 372465 JENZABAR INC 181 S LIBERTY ST HARRISONBURG VA 22801 IT CONSULTING SERVICES 308583 AESU TRAVEL 3922 HICKORY AVE BALTIMORE MD 21211 TRAVEL 254222 15 X 1345479 3841254 4833 5186733 LIBERAL ARTS 900099 28114350 28114350 HOUSING/FOOD SERVICES 900099 5290980 5290980 1032201 1032201 34437531 188748 188748 3202656 3202656 29712 0 -29712 -29712 -29712 INSURANCE PROCEEDS 900099 715385 715385 715385 40498685 34437531 0 874421 13338615 13338615 651193 265467 364026 21700 9832311 7978134 1652598 201579 2067119 1645589 377842 43688 702467 553505 134020 14942 47007 47007 125451 125451 64529 64529 1990039 587748 1402291 658386 570670 87716 168292 145742 22550 605159 133654 471505 2666987 1132581 1534406 606025 431900 174125 1587795 1566607 21188 2107418 2051903 55515 622768 97590 525178 FOOD SERVICE 1714629 1714629 0 ACADEMIC EXPENSE 868218 663364 204854 RECRUITMENT 54119 54119 0 551924 459770 92154 41030451 32820917 7839909 369625 1367054 2065704 1520078 373436 970932 1780326 1920152 2374542 39975 36626 231018 325178 80808315 43191693 36923181 37616622 5492869 4880468 2371182 2200287 235341 158837 2175215 1957694 1080508 141688 54327505 53911408 4811183 3839813 1987424 1837305 500000 500000 16561261 18370455 1000000 1000000 1447592 411957 26307460 25959530 X 10528775 10265281 17491270 17686597 28020045 27951878 54327505 53911408 -531766 463599 0 X 0 1 X 1 1 1 X 7330195 7503772 3738314 5269449 5186733 29028463 7330195 7503772 3738314 5269449 5186733 29028463 2791621 26236842 101628 110225 810457 173942 188748 1385000 1169185 715385 1884570 32298033 148394755 0.81230 0.82320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2023 AMOUNT: $ 1,169,185. 2024 AMOUNT: $ 715,385. SCHEDULE A, PART II THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(L)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(L)(A)(VI) AND QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 156376 X X X 0 13754880 151288 258991 885999 13279160 11831826 1976698 926713 980357 13754880 11960566 431915 98612 659267 11831826 12396415 487725 -194299 729275 11960566 10464689 1211048 1615785 895107 12396415 0.03132 0.96868 0.00000 0 0 1016490 1016490 66322596 34693083 31629513 7658356 6496337 1162019 5810873 2002273 3808600 37616622 REFUNDABLE LOAN PROGRAM 120158 REFUNDABLE DEPOSITS 111180 ANNUITIES PAYABLE 33708 FINANCE LEASE LIABILITIES 146911 411957 X 27559140 463599 463599 27095541 64529 13338615 13403144 40498685 27627307 0 27627307 64529 13338615 13403144 41030451 PART III, LINE 4: JUDSON UNIVERSITY HOUSES COLLECTIONS OF ART FROM MANY SOURCES SUCH AS DONORS, MEMBERS OF STAFF AND FACULTY, AND ORIGINAL WORK BY FAMILY MEMBERS OF PAST OFFICERS. SOME ARTWORK PROVIDES A HISTORICAL REFERENCE TO OUR FOUNDERS AND ENHANCES OUR UNIQUE CAMPUS CULTURE. THE ARTWORK ON DISPLAY PROVIDES EXAMPLES OF DIFFERENT MEDIA AND APPLICATIONS OF ART THAT SERVE TO FURTHER THE EDUCATIONAL EXPERIENCE OF OUR STUDENTS AND HELPS TO INITIATE AN UNDERSTANDING OF THE RELATIONSHIP OF ART AND DESIGN TO MAN'S CREATIVE FAITH-LIFE AS A CREATURE "BEARING GOD'S IMAGE AND AS A COMMUNITY MEMBER. PART V, LINE 4: THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 208 INDIVIDUAL FUNDS ESTABLISHED PRIMARILY FOR SCHOLARSHIP PURPOSES. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE (IRC), AND COMPARABLE STATE LAW, AND HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE IRC. CONTRIBUTIONS TO THE UNIVERSITY ARE TAX DEDUCTIBLE WITHIN THE LIMITATIONS PRESCRIBED BY THE IRC. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP 13,338,615. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP 13,338,615. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS CONSISTENT WITH THE PUBLICITY EXCEPTION FOUND IN REV. PROC. 75-50 SECTION 4.03(2)(B). SCHEDULE E, PART I, LINE 6 THE UNIVERSITY RECEIVED THE FOLLOWING TYPES OF GOVERNMENT FINANCIAL ASSISTANCE: FEDERAL WORK STUDY AND TIF AND ICCAP GRANTS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICE MISSION TRIP 46821 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE MISSION TRIP 10253 SOUTH AMERICA 0 0 PROGRAM SERVICE MISSION TRIP 20253 0 0 0 0 0 0 77327 0 77327 0 0 0 0 0 0 1 SCHOLARSHIPS 737 13338615 PART I, LINE 2: THE PRESIDENT OVERSEES THE USE OF FUNDS GRANTED TO PALM BEACH ATLANTIC AND THE ROYS REPORT. HE RECEIVES REPORTS FROM BOTH ENTITIES ON HOW THE FUNDS WERE USED TO ENSURE THEY WERE USED FOR THE INTENDED PURPOSE . GRANTS AND AID GIVEN TO STUDENTS ARE TRACKED IN THE ACCOUNTING SYSTEM IN A TEMPORARILY RESTRICTED FUND OR REIMBURSED ACCORDING TO A QUALIFIED REIMBURSEMENT POLICY. AN AUDIT OF FUNDS GRANTED IS CONDUCTED WHEN DEEMED NECESSARY. GRANTS AND AID ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS. X 1 1 X X X 0 0 0 0 0 0 0 1 0 DR GENE CRUME PRESIDENT 203630 0 0 0 0 0 0 0 14656 0 218286 0 0 0 PART I, LINE 1A AS A CONDITION OF EMPLOYMENT, AND AS A CONVENIENCE TO THE UNIVERSITY, THE EXECUTIVE VICE PRESIDENT WAS PROVIDED WITH HOUSING . THE HOME IS PROVIDED AS A NON-TAXABLE BENEFIT UNDER IRC SECTION 119. PART I, LINE 7 THE ORGANIZATION MADE NONFIXED PAYMENTS IN THE FORM OF DISCRETIONARY BONUSES. DENNIS DEMMOS SUBSTANTIAL CONTRIBUTOR SUMMER CASHFLOW X 500000 500000 0 1 1 500000 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, VICE CHAIR, SECRETARY, TREASURER, THE CHAIRS OF THE STANDING COMMITTEES, AND TWO AT-LARGE TRUSTEES. THE EXECUTIVE COMMITTEE HAS FULL AUTHORITY OF THE BOARD EXCEPT THAT THE COMMITTEE MAY NOT HIRE OR REMOVE THE PRESIDENT NOR MAKE CHANGES TO BYLAWS OR THE BOARD POLICY MANUAL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM AND SUBMITTED FOR DETAIL REVIEW TO THE VP OF BUSINESS AFFAIRS AND THE BUSINESS AFFAIRS COMMITTEE PRIOR TO FILING. IT WAS ALSO PROVIDED TO THE ENTIRE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, TRUSTEES, AND KEY EMPLOYEES OF JUDSON UNIVERSITY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST/RELATED PARTY QUESTIONNAIRE EACH YEAR. THE VP OF BUSINESS AFFAIRS REVIEWS THE SIGNED STATEMENTS AND THE PRESIDENT REVIEWS THE VP OF BUSINESS AFFAIRS' STATEMENT. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS THE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS ON AN ANNUAL BASIS. COMPARABLE DATA IS USED AND THE PROCESS IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART VIII , LINE 2F OTHER PROGRAM SERVICE REVENUE: MISC REVENUE - TOTAL REVENUE: $1,032,201, RELATED OR EXEMPT FUNCTION REVENUE: $1,032,201, UNRELATED BUSINESS REVENUE: $0, REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: $0