ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
Tax period: 2024-06-01 to 2025-05-31
Filed: 2026-04-14
IRS object ID: 202641049349301904
Schema version: 2024v5.1
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)
Return	2026-04-14T15:18:24+00:00	ReturnTs
Tax Period End	2025-05-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	701 13th St NW Suite 852	AddressLine1Txt
City	Washington	CityNm
State Abbreviation	DC	StateAbbreviationCd
ZIP	20005	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-06-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362170136	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Illinois Institute of Technology	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ILLI	BusinessNameControlTxt
Phone	3125673332	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 W 35th Street 8th Floor	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Stephanie Carr	PersonNm
Person Title	Associate Controller	PersonTitleTxt
Phone	3125673332	PhoneNum
Signature	2026-04-14	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	STEVE LENIVY	PreparerPersonNm
PTIN	P01635350	PTIN
Phone	2026245555	PhoneNum
Preparation	2026-04-14	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Raj Echambadi	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	SUITE 1900 10 W 35TH STREET	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$573,853,831	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.IIT.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1940	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	ActivityOrMissionDesc
Voting Members Governing Body	65	VotingMembersGoverningBodyCnt
Voting Members Independent	63	VotingMembersIndependentCnt
Total Employee	3798	TotalEmployeeCnt
Total Volunteers	270	TotalVolunteersCnt
Total Gross UBI	$43,660	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$95,375,804	PYContributionsGrantsAmt
CY Contributions Grants	$104,108,443	CYContributionsGrantsAmt
PY Program Service Revenue	$347,523,315	PYProgramServiceRevenueAmt
CY Program Service Revenue	$339,764,513	CYProgramServiceRevenueAmt
PY Investment Income	$65,596	PYInvestmentIncomeAmt
CY Investment Income	$3,790,181	CYInvestmentIncomeAmt
PY Other Revenue	$1,047,468	PYOtherRevenueAmt
CY Other Revenue	$878,791	CYOtherRevenueAmt
PY Total Revenue	$444,012,183	PYTotalRevenueAmt
CY Total Revenue	$448,541,928	CYTotalRevenueAmt
PY Grants And Similar Paid	$158,523,565	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$153,562,608	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$156,082,410	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$166,868,045	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$204,680	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$196,333	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$9,281,885	CYTotalFundraisingExpenseAmt
PY Other Expenses	$127,641,220	PYOtherExpensesAmt
CY Other Expenses	$137,632,933	CYOtherExpensesAmt
PY Total Expenses	$442,451,875	PYTotalExpensesAmt
CY Total Expenses	$458,259,919	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,560,308	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$9,717,991	CYRevenuesLessExpensesAmt
Total Assets BOY	$724,517,274	TotalAssetsBOYAmt
Total Assets EOY	$833,343,232	TotalAssetsEOYAmt
Total Liabilities BOY	$293,568,354	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$400,037,523	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$430,948,920	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$433,305,709	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$261,667,565	ExpenseAmt
Grant	$153,562,608	GrantAmt
Revenue	$255,360,877	RevenueAmt
Desc	INSTRUCTION SUPPORT:- Illinois Institute of Technology's (IIT) seven colleges allow students to discover new frontiers in engineering, science, architecture, business, design, human sciences, applied technology, and law. The school's nationally ranked undergraduate and graduate programs offer exceptional preparation for professions that require technological sophistication, an innovative mindset, and an entrepreneurial spirit. The University's emphasis on collaboration and interdisciplinary study and research will prepare students to work across traditional boundaries and to experience a professional future where success knows no limits. (SEE SCHEDULE O)	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$78,425,206	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$51,667,638	RevenueAmt
Desc	RESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Our researchers are conducting research that matters in our everyday lives. We are contributing to advances in computation and data, health and wellness, and urban futures. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. (SEE SCHEUDLE O)	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$28,893,265	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$8,010,703	RevenueAmt
Desc	STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation, and other student services including the student finance center, admissions, and registration.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmt	GrantGrantAmt	RevenueRevenueAmt	DescDesc
$15,924,762	$0	$17,017,965	AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.
$6,534,000	$0	$7,482,940	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 Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising, and counseling.

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$22,458,762	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue	$24,500,905	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$391,444,798	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	Yes (true)	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (true)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	7230	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	3798	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Foreign Country	IN	ForeignCountryCd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	65	GoverningBodyVotingMembersCnt
Independent Voting Member	63	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Policies Reference Chapters	false	PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Written Policy Or Procedure	false	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Stephanie Carr	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3125673332	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 W 35th Street 8th Floor	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (97 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Ellen M Jordan
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Michael P Galvin
Chairman of the Board	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Raj Echambadi
President	38.8	1.0	Yes (X)	Yes (X)	$803,978	$0	$61,359
Thomas E Lanctot
Vice Chair	1.0	0.0	Yes (X)	Yes (X)	$0	$0	$0
Adrian Nemcek
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Alan W Wendorf
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Amanda Lannert
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Andrea L Berry
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Anita M Nagler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Brian C Walker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Bruce C Liimatainen
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carl S Spetzler
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carole Browe Segal
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Carson Block
Trustee (Through 10/17/2024)	1.0	0.0	Yes (X)		$0	$0	$0
Cheryl Hyman
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Craig J Duchossois
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Daniel R Ephraim
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
David L Crowell
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Douglas M Monieson
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ed Kaplan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Efthimios J Stojka
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Eric Vassilatos
Trustee (Through 10/17/2024)	1.0	0.0	Yes (X)		$0	$0	$0
Frank Clark III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Harold Singleton III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Hazem Dawani
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Indira Saladi
Trustee (As of 10/17/24)	1.0	0.0	Yes (X)		$0	$0	$0
James Dugan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James E Cowie
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
James Gagnard
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jamshyd N Godrej
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jenny Niemann
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Jimmy A Akintonde
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Joel D Krauss
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John C Walden
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John G Olin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John Krenhbiel Jr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
John P Calamos Sr
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Kaarina Koskenalusta
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Karen Klein
Trustee (Through 2/28/2025)	1.0	0.0	Yes (X)		$0	$0	$0
Kathleen Brandenburg
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Marc R Hannah
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mark P Sexton
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mark Wallace
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin C Jischke
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Martin Cooper
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Mayari Pritzker
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Melvin Flowers
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael J Graff
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Michael Palumbo
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Norbert O Kaiser
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Patricia M Rios-Haniger
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Patrick J Kelly
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Peter M Kelly III
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ralph Wanger
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Richard Neil Levy
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert A Cornog
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert D Hoel
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Potter
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert J Washlow
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Robert Surrette
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Rohit Prasad
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
S Christopher Gladwin
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Stacey M Kacek
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Ted Koenig
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Thomas Roszak
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor A Morgenstern
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victor Tsao
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Victoria L Noonan
Trustee	1.0	0.0	Yes (X)		$0	$0	$0
Amit Thomas
VP for Human Resources and Talent Management	38.8	0.0		Yes (X)	$205,847	$0	$10,592
Edwin Watts
VP of Administration	38.8	0.0		Yes (X)	$306,420	$0	$33,195
Jeremy Fine
VP of Finance, CFO, and Treasurer	38.8	0.0		Yes (X)	$142,603	$0	$12,629
Jess Goode
Vice President, Extn'l Affairs	38.8	0.0		Yes (X)	$244,218	$0	$12,197
Mallik Sundharam
VP Enroll Mgmt Stud Affrs	38.8	0.0		Yes (X)	$427,000	$0	$51,443
Michele Finn
Deputy Chief Financial Officer	38.8	0.0		Yes (X)	$93,785	$0	$6,800
Norma Scagnoli
Chief Learning and Innovation Officer	38.8	0.0		Yes (X)	$220,652	$0	$31,694
Sean Campbell
Vice President of Advancement	38.8	0.0		Yes (X)	$0	$0	$0
Sejal Vaishnav
Chief Information Officer	38.8	0.0		Yes (X)	$271,787	$0	$14,956
Walter Hazlitt
General Counsel	38.8	1.0		Yes (X)	$258,292	$0	$43,861
Anijo Mathew
Dean, Institute of Design	38.8	0.0			$295,078	$0	$44,364	Yes (X)
Anita Krug
Dean and Professor of Law	38.8	0.0			$410,198	$0	$38,175	Yes (X)
Jennifer deWinter
Dean/Prof Lewis College Science	38.8	0.0			$355,611	$0	$20,310	Yes (X)
Lance Fortnow
Professor and Dean COS	38.8	0.0			$434,839	$0	$43,797	Yes (X)
Louis Cattafesta III
Dean of the Armor College of Engineering	38.8	0.0			$331,163	$0	$35,499	Yes (X)
M Krishna Erramilli
Associate Dean and Professor	38.8	0.0			$373,347	$0	$45,206	Yes (X)
Reed Kroloff
Dean-Architecture, Rowe Chair	38.8	0.0			$329,020	$0	$26,802	Yes (X)
Beth Campbell
Associate VP, Principal Gifts	38.8	0.0			$338,940	$0	$26,578		Yes (X)
Hamid Arastoopour
Director, WISER/Professor	38.8	0.0			$379,543	$0	$39,540		Yes (X)
Kenneth Christensen
Provost, SVP Academic Affairs	38.8	1.0			$485,098	$0	$57,984		Yes (X)
Mohammad Shahidehpour
Distinguished Bodine Professor	38.8	0.0			$427,878	$0	$30,774		Yes (X)
Siva Balasubramanian
Harold L. Stuart Endowed Chair	38.8	0.0			$361,830	$0	$15,081		Yes (X)
Alan Cramb
Distinguished Professor/FORMER OFFICER	38.8	0.0			$176,303	$0	$17,496			Yes (X)
Angela Manning-Hardimon
VP FINANCE /CFO/Former Officer	38.8	0.0			$125,664	$0	$10,103			Yes (X)
Harold Krent
Professor of Law/FORMER KEY EMPLOYEE	38.8	0.0			$301,421	$0	$35,724			Yes (X)
Liad Wagman
Dean, Endow Chair, Prof of Econ/Former Key Employee	38.8	0.0			$194,160	$0	$10,808			Yes (X)
Michael Gosz
Vice President for Data Analytics/Former Officer	38.8	0.0			$266,620	$0	$31,974			Yes (X)
Michelangelo Sabatino
Professor/FORMER KEY EMPLOYEE	38.8	0.0			$296,802	$0	$35,073			Yes (X)
Natacha DePaola
Prof of BioMedEng & Dir IDMET/FORMER KEY EMPLOYEE	38.8	0.0			$284,380	$0	$45,163			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$9,142,477	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$889,177	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	401	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt	Address Line2ContractorAddress/USAddress/AddressLine2Txt
Compass Group USA Inc
2400 Yorkmont Road	Charlotte	NC	28217	Food Service Provider	$6,958,071
GCA Services Group
3060 Solutions Center	Chicago	IL	60677	Janitorial Services	$4,037,395
SOS Security LLC
8750 W Bryn Mawr Ave	Chicago	IL	60631	Security Service	$2,660,230	Suite 1000
Ventas Inc
353 N Clark Street	Chicago	IL	60654	Real Estate Rental Services	$1,839,474	Suite 3300
Perfect Search Media Corp
1658 N Milwaukee Ave	Chicago	IL	60647	Media Advertising	$1,809,142	100 Suite 7522

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	118	CntrctRcvdGreaterThan100KCnt
Fundraising	$419,820	FundraisingAmt
Government Grants	$58,534,074	GovernmentGrantsAmt
All Other Contributions	$45,154,549	AllOtherContributionsAmt
Noncash Contributions	$15,972,471	NoncashContributionsAmt
Total Contributions	$104,108,443	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees	611310	$310,717,841	$310,717,841
Sales/Services of Auxiliary Enterprises	722320	$16,893,427	$16,669,037	$224,390
Student Services	611710	$13,549,648	$13,549,648
Equity interest on IITRI	541700	-$1,396,403	-$1,396,403

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$339,764,513	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,496,905	TotalRevenueColumnAmt
Unrelated Business Revenue	-$180,730	UnrelatedBusinessRevenueAmt
Exclusion	$1,677,635	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$1,095,480	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$90,612	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$1,004,868	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,004,868	TotalRevenueColumnAmt
Exclusion	$1,004,868	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$127,354,000	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$124,972,682	SecuritiesAmt
Other	$88,042	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$2,381,318	SecuritiesAmt
Other	-$88,042	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,293,276	TotalRevenueColumnAmt
Exclusion	$2,293,276	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$34,490	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$419,820	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$160,567	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$126,077	TotalRevenueColumnAmt
Exclusion	-$126,077	ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$448,541,928	TotalRevenueColumnAmt
Related Or Exempt Func Income	$339,540,123	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$43,660	UnrelatedBusinessRevenueAmt
Exclusion	$4,849,702	ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$153,562,608	TotalAmt
Program Services	$153,562,608	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$9,001,946	TotalAmt
Program Services	$2,897,428	ProgramServicesAmt
Management And General	$3,450,080	ManagementAndGeneralAmt
Fundraising	$2,654,438	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$127,729,208	TotalAmt
Program Services	$108,088,695	ProgramServicesAmt
Management And General	$15,271,070	ManagementAndGeneralAmt
Fundraising	$4,369,443	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$488,801	TotalAmt
Program Services	$347,049	ProgramServicesAmt
Management And General	$122,200	ManagementAndGeneralAmt
Fundraising	$19,552	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$21,790,625	TotalAmt
Program Services	$15,598,985	ProgramServicesAmt
Management And General	$5,322,405	ManagementAndGeneralAmt
Fundraising	$869,235	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$7,857,465	TotalAmt
Program Services	$5,578,800	ProgramServicesAmt
Management And General	$1,964,366	ManagementAndGeneralAmt
Fundraising	$314,299	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$919,851	TotalAmt
Program Services	$182,981	ProgramServicesAmt
Management And General	$736,870	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$345,226	TotalAmt
Program Services	$2,750	ProgramServicesAmt
Management And General	$342,476	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$161,824	TotalAmt
Management And General	$161,824	ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$196,333	TotalAmt
Fundraising	$196,333	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$16,303	TotalAmt
Management And General	$16,303	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$22,506,750	TotalAmt
Program Services	$16,835,764	ProgramServicesAmt
Management And General	$5,670,986	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$2,141,919	TotalAmt
Program Services	$2,141,919	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$32,172,212	TotalAmt
Program Services	$31,039,701	ProgramServicesAmt
Management And General	$1,132,511	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$2,533,990	TotalAmt
Program Services	$335,070	ProgramServicesAmt
Management And General	$2,198,920	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$37,482,127	TotalAmt
Program Services	$28,675,357	ProgramServicesAmt
Management And General	$8,806,770	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,195,605	TotalAmt
Program Services	$2,015,279	ProgramServicesAmt
Management And General	$321,741	ManagementAndGeneralAmt
Fundraising	$858,585	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$3,148,434	TotalAmt
Program Services	$2,601,428	ProgramServicesAmt
Management And General	$547,006	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$9,553,000	TotalAmt
Program Services	$6,530,000	ProgramServicesAmt
Management And General	$3,023,000	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$21,880,000	TotalAmt
Program Services	$14,955,000	ProgramServicesAmt
Management And General	$6,925,000	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$1,575,692	TotalAmt
Program Services	$55,984	ProgramServicesAmt
Management And General	$1,519,708	ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$458,259,919	TotalAmt
Program Services	$391,444,798	ProgramServicesAmt
Management And General	$57,533,236	ManagementAndGeneralAmt
Fundraising	$9,281,885	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,928,302	BOYAmt
EOY	$5,646,448	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$9,291,691	BOYAmt
EOY	$25,663,595	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$24,166,254	BOYAmt
EOY	$16,751,290	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$17,992,598	BOYAmt
EOY	$15,026,546	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$2,757,335	BOYAmt
EOY	$2,534,180	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$5,512,764	BOYAmt
EOY	$6,234,089	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$704,696,776	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$383,568,116	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$312,648,236	BOYAmt
EOY	$321,128,660	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$256,082,730	BOYAmt
EOY	$107,251,866	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$10,570,000	BOYAmt
EOY	$178,223,000	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$29,949,266	BOYAmt
EOY	$28,552,863	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$50,618,098	BOYAmt
EOY	$126,330,695	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$724,517,274	BOYAmt
EOY	$833,343,232	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$40,087,695	BOYAmt
EOY	$33,317,352	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$15,521,224	BOYAmt
EOY	$13,756,888	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$142,680,000	BOYAmt
EOY	$302,985,000	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$20,000,000	BOYAmt
EOY	$10,000,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$44,725,000	BOYAmt
EOY	$781,935	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$30,554,435	BOYAmt
EOY	$39,196,348	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$293,568,354	BOYAmt
EOY	$400,037,523	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$145,970,220	BOYAmt
EOY	$146,590,057	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$284,978,700	BOYAmt
EOY	$286,715,652	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$430,948,920	BOYAmt
EOY	$433,305,709	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$724,517,274	BOYAmt
EOY	$833,343,232	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$9,717,991	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$13,577,442	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$1,502,662	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$76,594,323	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$72,024,658	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$64,559,163	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$95,375,804	CurrentTaxYearMinus1YearAmt
Current Tax Year	$104,108,443	CurrentTaxYearAmt
Total	$412,662,391	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$76,594,323	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$72,024,658	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$64,559,163	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$95,375,804	CurrentTaxYearMinus1YearAmt
Current Tax Year	$104,108,443	CurrentTaxYearAmt
Total	$412,662,391	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$36,595,805	SubstantialContributorsTotAmt
Public Support Total170	$376,066,586	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,324,068	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,611,252	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,386,143	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,932,942	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,772,971	CurrentTaxYearAmt
Total	$16,027,376	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$25,988	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$21,400	CurrentTaxYearMinus1YearAmt
Current Tax Year	$34,490	CurrentTaxYearAmt
Total	$81,878	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$428,771,645	TotalSupportAmt
Gross Receipts Rltd Activities	$1,548,334,600	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.87708	PublicSupportCY170Pct
Public Support PY170	0.85831	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10 Other Income	FormAndLineReferenceDesc
Explanation	DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 25988.0, COLUMN D - 21400.0, COLUMN E - 34490.0, COLUMN F - 81878.0;	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

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)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Volunteers	false	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	false	MediaAdvertisementsInd
Mailings Members	false	MailingsMembersInd
Publications Or Broadcast	false	PublicationsOrBroadcastInd
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$161,824	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$161,824	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY	FormAndLineReferenceDesc
Explanation	THOMSON COBURN WAS RETAINED TO HELP WITH FEDERAL LOBBY REGISTRATION AND DISCLOSURE REQUIREMENTS. IIT WAS REPRESENTED BY FAEGRE DRINKER & BIDDLE FOR DEVELOPMENT OF LEGISLATIVE STRATEGY FOR CONGRESS AND RELEVANT FEDERAL AGENCIES, AS DIRECTED BY IIT. IN ADDITION, IIT'S VICE PRESIDENT AND ASSOCIATE VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING SUCH MATTERS.	ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$273,884,501	BeginningYearBalanceAmt
Contributions	$25,740,000	ContributionsAmt
Investment Earnings Or Losses	$17,548,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,091,256	GrantsOrScholarshipsAmt
Other Expenditures	$12,760,000	OtherExpendituresAmt
End Year Balance	$290,321,245	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$258,798,501	BeginningYearBalanceAmt
Contributions	$16,195,000	ContributionsAmt
Investment Earnings Or Losses	$27,038,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$15,681,355	GrantsOrScholarshipsAmt
Other Expenditures	$12,465,645	OtherExpendituresAmt
End Year Balance	$273,884,501	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$293,977,501	BeginningYearBalanceAmt
Contributions	$3,786,000	ContributionsAmt
Investment Earnings Or Losses	-$4,343,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$15,150,136	GrantsOrScholarshipsAmt
Other Expenditures	$19,471,864	OtherExpendituresAmt
End Year Balance	$258,798,501	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$304,324,501	BeginningYearBalanceAmt
Contributions	$9,252,000	ContributionsAmt
Investment Earnings Or Losses	-$7,375,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,702,851	GrantsOrScholarshipsAmt
Other Expenditures	$5,521,149	OtherExpendituresAmt
End Year Balance	$293,977,501	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$255,962,501	BeginningYearBalanceAmt
Contributions	$7,573,000	ContributionsAmt
Investment Earnings Or Losses	$62,334,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$6,550,000	GrantsOrScholarshipsAmt
Other Expenditures	$14,995,000	OtherExpendituresAmt
End Year Balance	$304,324,501	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.22	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.78	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.0	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,190,116	OtherCostOrOtherBasisAmt
Book Value	$19,190,116	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$551,542,755	OtherCostOrOtherBasisAmt
Depreciation	$311,507,968	DepreciationAmt
Book Value	$240,034,787	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$27,977,592	OtherCostOrOtherBasisAmt
Depreciation	$7,818,084	DepreciationAmt
Book Value	$20,159,508	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$98,087,899	OtherCostOrOtherBasisAmt
Depreciation	$64,242,064	DepreciationAmt
Book Value	$33,845,835	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,898,414	OtherCostOrOtherBasisAmt
Book Value	$7,898,414	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$321,128,660	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDesc	Method ValuationMethodValuationCd	Book ValueBookValueAmt
Closely-held equity interests
Financial derivatives
Private Equity	F
Domestic equities	F	$24,522,000
Global equities		$49,005,000
Alternative funds		$41,143,000
Private equity and venture		$63,553,000

Field	Value	IRS element (for citing)
Total Book Value Securities	$178,223,000	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDesc	Book ValueBookValueAmt
Beneficial interest on perpetual trust	$26,613,537
Other receivables	$22,077,190
Bond Proceeds and Related Held by Trustee	$77,639,968

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$126,330,695	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (11 entries)

DescDesc	AmtAmt
Federal Income Taxes
Advances from U.S. Government for student loans	$884,597
Obligation under split interest	$600,674
Deposits by students & others	$3,068,597
Postretirement benefit obligation	$746,898
Asset retirement obligation	$273,057
Lease liability	$21,949,317
Bond Premium Payable	$6,863,414
Cost of Issuance	-$4,856,646
Deferred revenue from Cogen agreement	$16,610,440
Bond discount	-$6,944,000

Field	Value	IRS element (for citing)
Total Liability	$39,196,348	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Other Revenue	$0	OtherRevenueAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$0	RevenueSubtotalAmt
Other Revenues Not Included	$0	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$0	TotalRevenuePerForm990Amt
Other Expenses Included	$0	OtherExpensesIncludedAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$0	ExpensesSubtotalAmt
Other Expenses Not Included	$0	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$0	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule D, Part V, Line 4 Intended uses of endowment funds

The purpose of the endowment funds is to facilitate donors' desires to make substantial long-term gifts to the University and to develop a new and significant source of revenue for the University. In doing so, the endowment fund will provide a secure, long-term source of funds to: (a) fund special programs; (b) ensure long-term growth; (c) enhance the University's ability to meet changing community needs; and (d) support the administrative expenses of the University as deemed appropriate.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The University has received a determination letter from the Internal Revenue Service (IRS) stating that it is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code except for tax on unrelated business income. It is management's belief that none of its activities have produced material unrelated business income, and that the University has operated in a manner that qualifies it for tax-exempt status. U.S. generally accepted accounting principles require University management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the University and has concluded that as of May 31, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The University is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The University management believes it is no longer subject to income tax examinations for years prior to 2023.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY	POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS. IT ALSO APPEARS ON APPLICATIONS AND OTHER FORMS, AND IT IS POSTED ON THE UNIVERSITY'S WEBSITE.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	Department of Education: Federal Supplemental Education Opportunity Grants Federal Direct Loans Federal Work Study Program Federal Pell Grant Program Illinois Student Assistance Commission: Illinois Monetary Award Program Grants Grant Program for Descendants of Police, Fire, or Correctional Officers

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)	0	2	Program Services	STUDENT RECRUITING.	$277,960
South America	0	1	Program Services	STUDENT RECRUITING.	$46,708
Central America and the Caribbean	0	0	Investments		$97,634,000
East Asia and the Pacific	0	4	Program Services	STUDENT RECRUITING AND ON-LINE MAS DEGREE PROGRAM.	$45,500
South Asia	3	3	Program Services	FACILITATE DELIVERY OF ON-LINE EDUCATIONAL PROGRAMS AND STUDENT RECRUITING.	$117,381

Field	Value	IRS element (for citing)
Subtotal Offices	3	SubtotalOfficesCnt
Subtotal Employees	10	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	3	TotalOfficeCnt
Total Employee	10	TotalEmployeeCnt
Subtotal Spent	$98,121,549	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$98,121,549	TotalSpentAmt
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements

CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual

Schedule F, Part V DESCRIPTION OF ACTIVITY OUTSIDE UNITED STATES

EUROPE/SOUTH AMERICA: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF EUROPEAN AND LATIN AMERICAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. SOUTH ASIA: TO FACILITATE IIT'S ABILITY TO DELIVER LONG DISTANCE INTERNET-BASED EDUCATIONAL PROGRAMS TO RESIDENTS OF VARIOUS CITIES IN INDIA AND THE RECRUITMENT OF INDIAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. EAST ASIA AND PACIFIC: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF STUDENTS FROM EAST ASIA AND THE PACIFIC TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. IIT IS ALSO OFFERING ONLINE MAS DEGREES TO STUDENTS IN THIS REGION.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Gross ReceiptsGrossReceiptsAmt	Retained By ContractorRetainedByContractorAmt	Net To OrganizationNetToOrganizationAmt
ORR Group Inc
3000 K Steet E280	Washington	DC	20007	Planned giving marketing, solicitation, and stewardship.	false	$0	$304,070	-$304,070
Givzey Inc
321 Walnut Street 348	Newton	MA	02460	Fully Autonomous Frontline Fundraiser, powered by AI	false	$18,945	$70,000	-$51,055

Field	Value	IRS element (for citing)
Total Gross Receipts	$18,945	TotalGrossReceiptsAmt
Total Retained By Contractors	$374,070	TotalRetainedByContractorsAmt
Total Net To Organization	-$355,125	TotalNetToOrganizationAmt
Licensed States	CT	LicensedStatesCd
Licensed States	FL	LicensedStatesCd
Licensed States	MD	LicensedStatesCd
Licensed States	OR	LicensedStatesCd
Licensed States	SC	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	MCHAP America's Prize Benefit	Event1Nm
Gross Receipts Event1	$454,310	GrossReceiptsEvent1Amt
Charitable Contri Event1	$419,820	CharitableContriEvent1Amt
Gross Revenue Event1	$34,490	GrossRevenueEvent1Amt
Rent Facility Costs Event1	$15,381	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$66,445	FoodAndBeverageEvent1Amt
Entertainment Event1	$56,141	EntertainmentEvent1Amt
Other Direct Expenses Event1	$22,600	OtherDirectExpensesEvent1Amt
Gross Revenue Event2	$0	GrossRevenueEvent2Amt
Gross Revenue Other Events	$0	GrossRevenueOtherEventsAmt
Gross Receipts Total	$454,310	GrossReceiptsTotalAmt
Charitable Contributions Tot	$419,820	CharitableContributionsTotAmt
Gross Revenue Total Events	$34,490	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$15,381	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$66,445	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$56,141	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$22,600	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$160,567	DirectExpenseSummaryEventsAmt
Net Income Summary	-$126,077	NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule G, Part I, Line 2b(v) Amounts paid to fundraiser	ORR Group was engaged to review the University's current fundraising procedures and to make recommendations for areas of improvement. ORR Group did not at any time solicit, control, or have custody of any fund donations. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses.
Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.	ORR GROUP, INC.-ORR GROUP WAS ENGAGED TO REVIEW THE UNIVERSITY'S CURRENT FUNDRAISING PROCEDURES AND TO MAKE RECOMMENDATIONS FOR AREAS OF IMPROVEMENT. ORR GROUP DID NOT AT ANY TIME SOLICIT, CONTROL, OR HAVE CUSTODY OF ANY FUND DONATIONS. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;GIVZEY INC.-A SIMPLE-TO-USE PLATFORM THAT STREAMLINES AND SCALES MULTI-YEAR GIVING AND ONE-TIME GIFTS AT EVERY LEVEL TO ACCELERATE THE FUNDRAISING TEAM AND IMPROVE THE DONOR EXPERIENCE.;
Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses	ORR GROUP, INC.-PAYMENT OF FEES.;GIVZEY INC.-PAYMENT OF FEES.;

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	SCHOLARSHIPS	GrantTypeTxt
Recipient	8247	RecipientCnt
Cash Grant	$153,562,608	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds	FormAndLineReferenceDesc
Explanation	THE USE OF GRANT FUNDS IS MONITORED THROUGH A GRANT MANAGEMENT SYSTEM. ALL SPENDING IS REVIEWED BY GRANT AND CONTRACT ACCOUNTING TO ENSURE COMPLIANCE WITH THE PURPOSE OF THE GRANT.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Club Dues Or Fees	Yes (X)	ClubDuesOrFeesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	false	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (28 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Raj Echambadi
President	$778,656	$0	$0	$0	$25,322	$0	$31,050	$0	$30,309	$0	$865,337	$0	$0	$0
Alan Cramb
Distinguished Professor/FORMER OFFICER	$155,875	$0	$0	$0	$20,428	$0	$3,895	$0	$13,601	$0	$193,799	$0	$0	$0
Michael Gosz
Vice President for Data Analytics/Former Officer	$264,516	$0	$0	$0	$2,104	$0	$12,664	$0	$19,310	$0	$298,594	$0	$0	$0
Angela Manning-Hardimon
VP FINANCE /CFO/Former Officer	$124,890	$0	$0	$0	$774	$0	$0	$0	$10,103	$0	$135,767	$0	$0	$0
Jeremy Fine
VP of Finance, CFO, and Treasurer	$142,085	$0	$0	$0	$518	$0	$0	$0	$12,629	$0	$155,232	$0	$0	$0
Jess Goode
Vice President, Extn'l Affairs	$232,790	$0	$0	$0	$11,428	$0	$12,197	$0	$0	$0	$256,415	$0	$0	$0
Walter Hazlitt
General Counsel	$255,970	$0	$0	$0	$2,322	$0	$13,552	$0	$30,309	$0	$302,153	$0	$0	$0
Norma Scagnoli
Chief Learning and Innovation Officer	$217,484	$0	$0	$0	$3,168	$0	$11,293	$0	$20,401	$0	$252,346	$0	$0	$0
Mallik Sundharam
VP Enroll Mgmt Stud Affrs	$403,460	$0	$0	$0	$23,540	$0	$23,677	$0	$27,766	$0	$478,443	$0	$0	$0
Amit Thomas
VP for Human Resources and Talent Management	$205,458	$0	$0	$0	$389	$0	$10,592	$0	$0	$0	$216,439	$0	$0	$0
Sejal Vaishnav
Chief Information Officer	$271,000	$0	$0	$0	$787	$0	$14,956	$0	$0	$0	$286,743	$0	$0	$0
Edwin Watts
VP of Administration	$300,316	$0	$0	$0	$6,104	$0	$15,454	$0	$17,741	$0	$339,615	$0	$0	$0
Natacha DePaola
Prof of BioMedEng & Dir IDMET/FORMER KEY EMPLOYEE	$280,816	$0	$0	$0	$3,564	$0	$15,081	$0	$30,082	$0	$329,543	$0	$0	$0
Harold Krent
Professor of Law/FORMER KEY EMPLOYEE	$273,133	$0	$0	$0	$28,288	$0	$16,030	$0	$19,694	$0	$337,145	$0	$0	$0
Michelangelo Sabatino
Professor/FORMER KEY EMPLOYEE	$294,480	$0	$0	$0	$2,322	$0	$15,763	$0	$19,310	$0	$331,875	$0	$0	$0
Liad Wagman
Dean, Endow Chair, Prof of Econ/Former Key Employee	$167,933	$0	$26,002	$0	$225	$0	$0	$0	$10,808	$0	$204,968	$0	$0	$0
Jennifer deWinter
Dean/Prof Lewis College Science	$354,801	$0	$0	$0	$810	$0	$18,711	$0	$1,599	$0	$375,921	$0	$0	$0
M Krishna Erramilli
Associate Dean and Professor	$324,644	$0	$42,338	$0	$6,365	$0	$15,787	$0	$29,419	$0	$418,553	$0	$0	$0
Lance Fortnow
Professor and Dean COS	$381,275	$0	$50,000	$0	$3,564	$0	$20,767	$0	$23,030	$0	$478,636	$0	$0	$0
Reed Kroloff
Dean-Architecture, Rowe Chair	$302,456	$0	$0	$0	$26,564	$0	$17,440	$0	$9,362	$0	$355,822	$0	$0	$0
Anita Krug
Dean and Professor of Law	$357,876	$0	$50,000	$0	$2,322	$0	$19,499	$0	$18,676	$0	$448,373	$0	$0	$0
Anijo Mathew
Dean, Institute of Design	$294,268	$0	$0	$0	$810	$0	$15,881	$0	$28,483	$0	$339,442	$0	$0	$0
Louis Cattafesta III
Dean of the Armor College of Engineering	$303,634	$0	$23,965	$0	$3,564	$0	$15,098	$0	$20,401	$0	$366,662	$0	$0	$0
Hamid Arastoopour
Director, WISER/Professor	$349,902	$0	$0	$0	$29,641	$0	$19,139	$0	$20,401	$0	$419,083	$0	$0	$0
Siva Balasubramanian
Harold L. Stuart Endowed Chair	$308,392	$0	$25,500	$0	$27,938	$0	$15,081	$0	$0	$0	$376,911	$0	$0	$0
Kenneth Christensen
Provost, SVP Academic Affairs	$469,856	$0	$0	$0	$15,242	$0	$27,675	$0	$30,309	$0	$543,082	$0	$0	$0
Mohammad Shahidehpour
Distinguished Bodine Professor	$421,020	$0	$0	$0	$6,858	$0	$20,631	$0	$10,143	$0	$458,652	$0	$0	$0
Beth Campbell
Associate VP, Principal Gifts	$336,618	$0	$0	$0	$2,322	$0	$17,216	$0	$9,362	$0	$365,518	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule J, Part I, Line 1a Health or social club dues or initiation fees	FormAndLineReferenceDesc
Explanation	The University provided membership dues for Raj Echambadi, President to a business. The membership is a working condition fringe benefit that satisfies a business purpose under the accountable plan rule.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
ILLINOIS FINANCE AUTHORITY
A	861091967	45204E7F9	2019-12-20	$138,525,900	REFUND A PRIOR TAX-EXEMPT ISSUE DATED 3/23/2006 AND TO REIMBURSE ISSUANCE AND REFUNDINGS COSTS.	false	false	false
ILLINOIS FINANCE AUTHORITY
B	861091967	45204FN27	2025-05-21	$122,335,872	Refund prior bonds, Refinance taxable debt, Finance capital improvements	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$14,930,000	$0	$138,525,900	$0	$0	$0	$1,519,760	$0	$0	$0	$137,006,140	$0	2020	Yes (true)	false	Yes (true)	Yes (true)
B	$0	$0	$122,335,872	$12,233,587	$0	$0	$2,216,776	$0	$0	$78,459,085	$29,426,424	$0		Yes (true)	Yes (true)	false	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Private Bus Use By OthersPrivateBusUseByOthersPct	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropPct	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	false	false	false	false	false	0.0	0.0	0.0	false	false	0	false	Yes (true)
B	false	false	false	false	false	false	0.0	0.0	0.0	false	false	0	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Term Of HedgeTermOfHedgePct	Superintegrated HedgeSuperintegratedHedgeInd	Hedge TerminatedHedgeTerminatedInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Term Of GICTermOfGICPct	Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	false	false	false	Yes (true)	false	false	0	false	false	false	0	false	false	Yes (true)
B	false	Yes (true)	false	false	false	false	0	false	false	false	0	false	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule K, Part II, Line 3 All listed bonds on Schedule K.	If the total proceeds of the issue exceeds the issue price of the respective bond, the difference is due to investment earnings. Earnings are included in the total proceeds of each issue.
Schedule K, Part IV, Line 2c COLUMN A	Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/02/2021

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MICHAEL P GALVIN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship With Org	BOARD CHAIR	RelationshipWithOrgTxt
Loan Purpose	To support the academic mission of the University.	LoanPurposeTxt
Loan To Organization	Yes (X)	LoanToOrganizationInd
Original Principal	$10,000,000	OriginalPrincipalAmt
Balance Due	$10,000,000	BalanceDueAmt
Default	false	DefaultInd
Board Or Committee Approval	Yes (true)	BoardOrCommitteeApprovalInd
Written Agreement	Yes (true)	WrittenAgreementInd

Field	Value	IRS element (for citing)
Total Balance Due	$10,000,000	TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Collegis Education	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	Trustee James Cowie has an equity interest in Collegis Education	RelationshipDescriptionTxt
Transaction	$1,139,279	TransactionAmt
Transaction	Developer of on-line courses	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule L, Part II LOANS TO AND/OR FROM INTERESTED PERSONS	FormAndLineReferenceDesc
Explanation	IN DECEMBER 2022, THE UNIVERSITY ENTERED INTO A SUBORDINATED PROMISSORY NOTE AGREEMENTS TOTALING $10,000,000 WITH A BOARD CHAIR'S AFFILIATED ORGANIZATION. THE NOTE ACCRUES INTEREST AT THE SHORT-TERM APPLICABLE FEDERAL RATE LESS ONE HUNDRED BASIS POINTS AND REPAYMENT OF THE PRINCIPAL AMOUNT AND UNPAID INTEREST IS DUE ON OR BEFORE THE FIRST ANNIVERSARY DATE. HOWEVER, THE UNIVERSITY HAS EXTENSIONS OF TIME FOR PAYMENT, RENEWALS OF THE NOTES AND ACCEPTANCE OF PARTIAL PAYMENTS, WHETHER BEFORE, AT, OR AFTER MATURITY, ALL OR ANY OF WHICH MAY BE MADE WITHOUT NOTICE AND WITHOUT AFFECTING THE UNIVERSITY'S LIABILITY TO THE TRUSTEE AFFILIATED ORGANIZATION.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Contribution	77	ContributionCnt
Noncash Contributions Rpt F990	$15,698,841	NoncashContributionsRptF990Amt
Method Of Determining Revenues	Market value	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Supplies, equipment and services for school and office -	14	$21,690	Market value
Yes (X)	Travel and entertainment costs for donors and board meetings -	31	$251,940	Market value

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Securities - Publicly traded - Number of Contributions Other - Supplies, equipment and services for school and office - Number of Contributions Other - Travel and entertainment costs for donors and board meetings - Number of Contributions	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4a PROGRAM SERVICE DESCRIPTION	The University's research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. We are contributing to advances in computation and data, energy and sustainability, deep science and engineering, health and wellness, social justice, and urban futures. Throughout our colleges, and research institutes and centers, IIT's researchers are conducting research that matters in our everyday lives. Illinois Tech is one of 14 centers collaborating on a new nationwide nutrition study that will help advance the development of personalized nutrition plans. Another research project is aimed at finding ways to reduce wasted food nationally. Since 1995, the University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle real-world problems, often on behalf of companies and nonprofits that sponsor the projects, using design-centered methodology and innovative thinking. A required academic program, IPRO teaches leadership, creativity, teamwork, design thinking, and project management to prepare students to succeed in a professional work environment. IPRO student teams have explored a range of ambitious topics. These include developing a platform for safe drug disposal, designing a net-zero community, harvesting condensate from HVAC systems to create drinking water for humans, and hundreds more. Every idea needs fuel to be successful. IIT's Idea Shop helps to ignite ideas with cutting-edge tools to enable students to transform their designs, products, and inventions into reality. In this state-of-the-art, rapid-prototyping lab, full-time staff and a diverse group of student workers advise users on equipment use, mechanical and electrical design, embedded systems programming, and much more. As a campus wide resource, students can use the Idea Shop for a class, research project, or their own personal endeavor. Under the College of Architecture is the university's award-winning Design/Build studios that allow students to design and construct full-scale buildings, fulfilling the notion of a "hands-on" education. The college emphasizes applied studio work under the instruction of practicing architects; the study of architectural theory; interdisciplinary learning; digital technologies; sustainability; design/build; and international study. Instruction supports over 50 plus academic majors and special degree programs and more than 70 minors and is made up of almost 7,500 students, including 3,190 undergraduates, 2,389 graduate, 888 law, 1,032 business, and many students in certificate/non-degree or continuing education programs. The University offered and awarded 613 Bachelor, 2,543 Master, 229 J.D., and 60 Ph.D. degrees during the 2025 academic year.
Form 990, Part III, Line 4b PROGRAM SERVICE DESCRIPTION	Research awards received in fiscal year 2025 were $52.1 million. The University received awards in the areas of science, engineering, technology, mathematics, and food safety all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 16 awards totaling $4.7 million and the Computer Science Department also received 25 awards for $6.9 million. The Biomedical Engineering Department received 17 awards for $3.5 million, Mechanical Material and Aerospace Engineering 45 awards totaling $6.5 million, Physics Department 38 awards totaling $2.8 million, and the Department of Psychology 23 awards for $5.2 million. In addition, the National Center for Food Safety and Technology received 1 award totaling $3.8 million and the Biology Department was granted 17 awards for $4.8 million.
Form 990, Part III, Line 4a-4c Description of program services	(Expenses $ 15,924,762 including grants of $ 0)(Revenue $ 17,017,965) AUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, eight fraternity houses, and two sorority houses.
Form 990, Part III, Line 4a-4c Description of program services	(Expenses $ 6,534,000 including grants of $ 0)(Revenue $ 7,482,940) 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 Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising, and counseling.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	As stated in Article 5, Section 5 of the organizations By-Laws, there shall be an Executive Committee of the Board of Trustees. With the caveat that the Board of Trustees may override the Executive Committee and except as otherwise provided in Article 5, Section 6, the Board of Trustees delegates to the Executive Committee all the powers vested in the Board of Trustees by law or by these Bylaws in the management of the property, business and affairs of the corporation. The Executive Committee shall include, as ex officio members, the Chair of the Board, any Vice Chairs, the Chairs of all committees listed in Article 5, Sections 3 and 4, and the President. If the Chair of the Board of the IIT Alumni Association is a regularly elected or life trustee, then that individual shall be an ex officio member of the Executive Committee for the term of his or her office as Chair of the Board of the IIT Alumni Association. Up to eight additional members of the Executive Committee may be elected by the Board of Trustees from the regularly elected members of the Board.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	Patrick J. Kelly and Craig J. Duchossois - Business relationship, James Gagnard and Efthimos J. Stojka - Business relationship, Stacey M. Kacek and Douglas M. Monieson - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS REVIEWED BY CFO & TREASURER, DEPUTY CONTROLLER, ASSOCIATE CONTROLLER, AND BY THE VP & GENERAL COUNSEL ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW. WHEN THIS REVIEW IS COMPLETED, IT IS PUT ON A TRUSTEE WEBSITE GIVING ALL THE TRUSTEES THE OPPORTUNITY TO REVIEW. ONCE ALL REVIEWS ARE COMPLETED, MANAGEMENT SIGNS THE FORM 990.
Form 990, Part VI, Line 12c Conflict of interest policy	ON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. GENERAL COUNSEL MONITORS THE EMPLOYEES AND TRUSTEES THAT HAVE REVIEWED THE POLICY AND DOCUMENTS THE CONFLICT OF INTEREST INSTANCES.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	THE BOARD OF TRUSTEES HAS ESTABLISHED AN INDEPENDENT COMPENSATION COMMITTEE THAT IS RESPONSIBLE FOR RECOMMENDING THE PRESIDENT'S (CEO) SALARY. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING SELECTED UNIVERSITIES HAVING SIMILAR STUDENT ENROLLMENTS AND PROGRAMS. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE COMMITTEE AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE COMMITTEE MAY RECOMMEND AN ADJUSTMENT TO THE PRESIDENT'S SALARY. AFTER THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION COMMITTEE RECOMMENDATIONS, IT VOTES TO APPROVE THE COMPENSATION. THIS PROCESS WAS LAST UNDERTAKEN IN FISCAL YEAR 2025.
Form 990, Part VI, Line 15b Process to establish compensation of other employees	The authority to recommend the annual salaries of the Vice Presidents and other senior officers is delegated to an independent Compensation Committee by the Board of Trustees. The Committee, with input from the President, obtains comparative analyses and studies from the Human Resource department with respect to compensation of similar organizations to ensure that the University's compensation is comparable. After the Executive Committee reviews the compensation committee recommendations, it votes to approve the compensation. This process was last undertaken in fiscal year 2025.
Form 990, Part VI, Line 19 Required documents available to the public	FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE LOCATED ON THE ILLINOIS INSTITUTE OF TECHNOLOGY'S WEBSITE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	UNREAL. GAIN ON BENEFICIAL INTEREST IN PERPETUAL TRUST - 1358737; Asset Retmt. Obligation Accretion - 254058; Restructuring Expense - -3150211; Other - 34754; Total - -1502662;

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	IIT RESEARCH INSTITUTE	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 WEST 35TH STREET	AddressLine1Txt
Address Line2	4th FL	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
EIN	362169122	EIN
Primary Activities	RESEARCH	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	11	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS INSTITUTE OF TECHNOLOGY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (true)	ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	Address Line2USAddress/AddressLine2Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	Address Line2ForeignAddress/AddressLine2Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Share Of Total IncomeShareOfTotalIncomeAmt	OwnershipOwnershipPct
PERPETUAL TRUST (9) BENEFICIAL INTEREST IN DONOR TRUSTS
C/O IIT 3424 SOUTH STATE STREET	TC-4 FL	CHICAGO	IL	60616	DISTRIBUTION OF TRUST ASSETS TO BENEFICIARIES	IL	NA	Trust	false
ILLINOIS INSTITUTE OF TECHNOLOGY (INDIA) PRIVATE LTD
					FACILITATES EDUCATIONAL PROGRAMS		ILLINOIS INSTITUTE OF TECHNOLOGY	C Corporation	Yes (true)	Office No 2205 22nd Floor Haware	Infotech Park Sector 30A Vashi	Navi	Mumbai	IN	400703	IN	$12,852	1

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	false	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	false	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (true)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	false	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (true)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (true)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	false	TransferToOtherOrgInd
Transfer From Other Org	false	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
IIT RESEARCH INSTITUTE
A	$179,011	FMV
IIT RESEARCH INSTITUTE
Q	$1,748,105	FMV
IIT (INDIA) PRIVATE LTD
P	$422,406	FMV