ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE (EIN 36-2181973)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202441369349304514
- Schema version
- 2022v5.0
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T09:18:47+00:00 | ReturnTs |
| Tax Period End | 2023-06-30 | 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 | 225 West Wacker Drive Suite 2600 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362181973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rosalind Franklin University of Medicine and Science | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROSA | BusinessNameControlTxt |
| Phone | 8475783000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Green Bay Road | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GAVIN FARRY | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 8475783000 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GAVIN | PersonFirstNm |
| Person Last | FARRY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Nicole Bencik | PreparerPersonNm |
| PTIN | P00756195 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wendy Rheault | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Green Bay Road | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $264,620,884 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.rosalindfranklin.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1912 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | To improve the wellness of all people through innovative, interprofessional education of health and biomedical professionals and the discovery and implementation of knowledge. | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 1713 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,484,022 | PYContributionsGrantsAmt |
| CY Contributions Grants | $23,244,194 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $110,958,395 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $109,757,350 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,781,595 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,911,149 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,176,998 | PYOtherRevenueAmt |
| CY Other Revenue | $1,653,904 | CYOtherRevenueAmt |
| PY Total Revenue | $136,401,010 | PYTotalRevenueAmt |
| CY Total Revenue | $145,566,597 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $8,128,846 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,936,110 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $81,299,220 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $84,914,020 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,349,065 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $43,962,811 | PYOtherExpensesAmt |
| CY Other Expenses | $47,294,302 | CYOtherExpensesAmt |
| PY Total Expenses | $133,390,877 | PYTotalExpensesAmt |
| CY Total Expenses | $141,144,432 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,010,133 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,422,165 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $309,403,067 | TotalAssetsBOYAmt |
| Total Assets EOY | $309,593,932 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $167,900,023 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $165,257,756 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $141,503,044 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $144,336,176 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Rosalind Franklin University of Medicine and Science is committed to serving the population through the interprofessional education of health and biomedical professionals and the discovery of knowledge dedicated to improving wellness. The University embodies the spirit of inquiry and excellence modeled by its namesake Dr. Rosalind Franklin, whose Photo 51 was crucial to solving the structure of DNA. Recognized for its research in areas including neuroscience, brain-related diseases, inherited disorders, diabetes, obesity, and gait and balance, RFU encompasses the Chicago Medical School, College of Health Professions, College of Nursing, College of Pharmacy, School of Graduate and Postdoctoral Studies, and the Dr. William M. Scholl College of Podiatric Medicine. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $73,046,273 | ExpenseAmt |
| Grant | $8,936,110 | GrantAmt |
| Revenue | $98,591,894 | RevenueAmt |
| Desc | INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN THE 2022-2023 ACADEMIC YEAR, RFUMS TRAINED OVER 2,000 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $24,252,245 | ExpenseAmt |
| Desc | RESEARCH - A CORE COMPONENT OF THE UNIVERSITY'S MISSION IS THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF THE NATION'S PEOPLE. IN ADDITION TO INSTRUCTION, MANY OF THE UNIVERSITY FACULTY ENGAGE IN UNIVERSITY-FUNDED AND EXTERNALLY FUNDED RESEARCH PROJECTS. PRIMARY AREAS OF RESEARCH FOCUS INCLUDE: BRAIN SCIENCES, GENETIC DISEASES, PROTEOMICS, CANCER CELL BIOLOGY, IMMUNOLOGY, INFLAMMATION, CARDIAC RESUSCITATION, GAIT AND MOVEMENT/FALL PREVENTION, HEALTH EQUITY, AND SELECTED AREAS OF PSYCHOLOGY. EXTERNAL FUNDING COMES FROM THE NATIONAL INSTITUTES OF HEALTH AND ORGANIZATIONS SUCH AS THE LAKE COUNTY HEALTH DEPARTMENT, THE CYSTIC FIBROSIS FOUNDATION, AND THE FOREBATTEN FOUNDATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,208,854 | ExpenseAmt |
| Revenue | $7,859,778 | RevenueAmt |
| Desc | PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROCESS GENERAL LAB TESTS AND SPECIALIZED LAB TESTS FOR REPRODUCTIVE IMMUNOLOGY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,179,746 | ExpenseAmt |
| Revenue | $4,448,296 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $8,179,746 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $4,448,296 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $112,687,118 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| 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 | false | 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 | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | 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 | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | 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 |
| IRP Document | 2715 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1713 | 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 | false | ForeignFinancialAccountInd |
| 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 | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 |
| 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 |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GAVIN FARRY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8475783000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 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 |
|---|---|---|---|---|---|---|---|---|---|
| Dr Karen Miller | |||||||||
| Vice Chair (Beg Sept 2022)/Trustee | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Dr Lee Sacks | |||||||||
| Chair (Beg Sept 2022)/Vice Chair (through Sept 2022)/Trustee | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Dr Wendy Rheault | |||||||||
| President & CEO | 38.0 | 2.0 | Yes (X) | Yes (X) | $987,447 | $0 | $44,885 | ||
| Elizabeth Coulson | |||||||||
| Chair (Through Sept 2022)/Trustee | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Martin Manning | |||||||||
| Treasurer (Beg Sept 2022)/Trustee | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Michael C Foltz | |||||||||
| Treasurer/Trustee (through Sept 2022) | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Sandra Bruce | |||||||||
| Secretary/Trustee | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Alan Weinstein | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Adam Fleischer | |||||||||
| Faculty/Trustee | 1.0 | 0.0 | Yes (X) | $136,141 | $0 | $57,821 | |||
| Dr Allan Cohen | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Cheryl Kraff-Cooper | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Elder Granger | |||||||||
| Trustee (through Oct 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr John Grady | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Kimberley Darey | |||||||||
| Trustee (as of May 2023) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Seema Bhatia | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Dr Thomas G Moore | |||||||||
| Trustee (through Sept 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ernest Vasseur | |||||||||
| Trustee (as of Sept 2022) | 1.0 | 2.0 | Yes (X) | $0 | $0 | $0 | |||
| Manuel Von Schulenburg | |||||||||
| Trustee (through Sept 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Maria Clarke | |||||||||
| Trustee (as of Nov 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Pamela Scholl | |||||||||
| Trustee (through Dec 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Rosalind Franklin | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Shaundra Clay | |||||||||
| Trustee (through Sept 2022) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bruce Jefferson | |||||||||
| Asst Secretary/General Counsel | 2.0 | 0.0 | Yes (X) | $206,839 | $0 | $48,328 | |||
| Gavin Farry | |||||||||
| EVP of Finance & Admin, CFO | 38.0 | 2.0 | Yes (X) | $394,446 | $0 | $51,820 | |||
| Dr Archana Chatterjee | |||||||||
| Dean & VP of Medical Affairs | 40.0 | 0.0 | $565,918 | $0 | $63,984 | Yes (X) | |||
| Dr Nancy Parsley | |||||||||
| Provost | 40.0 | 0.0 | $426,241 | $0 | $39,475 | Yes (X) | |||
| Dr Ronald Kaplan | |||||||||
| EVP Research & Vice Dean Research, CMS | 40.0 | 0.0 | $396,512 | $0 | $71,379 | Yes (X) | |||
| Lee Concha | |||||||||
| EVP Univ. Strategies & Chief of Staff | 40.0 | 0.0 | $309,783 | $0 | $44,794 | Yes (X) | |||
| Dr Frank Maldonado | |||||||||
| Executive Chair, Clinical Sciences | 40.0 | 0.0 | $431,260 | $0 | $5,078 | Yes (X) | |||
| Dr Jeanette Morrison | |||||||||
| Vice Dean, MedEd & Exec Vice Dean, CMS | 40.0 | 0.0 | $343,767 | $0 | $70,726 | Yes (X) | |||
| Dr Michael Zdon | |||||||||
| Education Director, Surgery, Professor | 40.0 | 0.0 | $366,662 | $0 | $62,672 | Yes (X) | |||
| Dr Nutan Atre-Vaidya | |||||||||
| Vice Dean, Discipline Chair | 40.0 | 0.0 | $340,211 | $0 | $62,858 | Yes (X) | |||
| Dr Stephanie Wu | |||||||||
| Dean | 40.0 | 0.0 | $355,023 | $0 | $68,857 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,260,250 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $692,677 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 294 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| Hill Mechanical Corp | |||||
| 11045 Gage Ave | Franklin Park | IL | 60131 | Construction/Renovation | $2,206,593 |
| G3 Construction Group | |||||
| 7575 Plaza Court | Willowbrook | IL | 60527 | Construction/Renovation | $1,257,613 |
| Woodlands on Green Bay Apartments | |||||
| 3500 Green Bay Road | North Chicago | IL | 60064 | Student Housing Services | $1,237,165 |
| Harvard Maintenance Inc | |||||
| PO Box 748458 | Atlanta | GA | 30374 | Janitorial Services | $1,147,508 |
| Alliance Building Services LLC | |||||
| 1555 Industrial Drive | Itasca | IL | 60143 | Construction/Demolition | $526,918 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $9,542,245 | GovernmentGrantsAmt |
| All Other Contributions | $13,701,949 | AllOtherContributionsAmt |
| Noncash Contributions | $853,845 | NoncashContributionsAmt |
| Total Contributions | $23,244,194 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 611310 | $98,591,894 | $98,591,894 |
| PATIENT CARE | 621400 | $7,859,778 | $7,859,778 |
| STUDENT HOUSING REVENUE | 611310 | $3,062,748 | $3,062,748 |
| INCOME FROM STUDENT LOAN INTEREST | 611310 | $141,902 | $141,902 |
| COMPOUND TESTING LAB | 621500 | $101,028 | $101,028 |
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 | $109,757,350 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,210,234 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,210,234 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $511,286 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $511,286 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $511,286 | TotalRevenueColumnAmt |
| Exclusion | $511,286 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $127,754,802 | SecuritiesAmt |
| Other | $400 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $119,054,287 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,700,515 | SecuritiesAmt |
| Other | $400 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,700,915 | TotalRevenueColumnAmt |
| Exclusion | $8,700,915 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TRANSCRIPT AND REGISTRATION FEES | 900099 | $92,929 | $92,929 |
| BOOK STORE SALES | 900099 | $182,907 | $182,907 |
| STUDENT ORGANIZATIONS | 900099 | $236,950 | $236,950 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $629,832 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $629,832 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,142,618 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $145,566,597 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $110,899,968 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $11,422,435 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,936,110 | TotalAmt |
| Program Services | $8,936,110 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,845,814 | TotalAmt |
| Program Services | $1,855,669 | ProgramServicesAmt |
| Management And General | $1,839,645 | ManagementAndGeneralAmt |
| Fundraising | $150,500 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $241,901 | TotalAmt |
| Program Services | $150,090 | ProgramServicesAmt |
| Management And General | $91,811 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,820,779 | TotalAmt |
| Program Services | $52,096,460 | ProgramServicesAmt |
| Management And General | $11,615,884 | ManagementAndGeneralAmt |
| Fundraising | $1,108,435 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,253,847 | TotalAmt |
| Program Services | $4,222,516 | ProgramServicesAmt |
| Management And General | $941,490 | ManagementAndGeneralAmt |
| Fundraising | $89,841 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,525,104 | TotalAmt |
| Program Services | $4,440,526 | ProgramServicesAmt |
| Management And General | $990,099 | ManagementAndGeneralAmt |
| Fundraising | $94,479 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,226,575 | TotalAmt |
| Program Services | $4,200,599 | ProgramServicesAmt |
| Management And General | $936,602 | ManagementAndGeneralAmt |
| Fundraising | $89,374 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,921 | TotalAmt |
| Management And General | $181,921 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,888 | TotalAmt |
| Management And General | $125,888 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,807 | TotalAmt |
| Management And General | $10,807 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,789 | TotalAmt |
| Management And General | $132,789 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,960,341 | TotalAmt |
| Program Services | $8,146,251 | ProgramServicesAmt |
| Management And General | $728,456 | ManagementAndGeneralAmt |
| Fundraising | $85,634 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,241,446 | TotalAmt |
| Program Services | $253,319 | ProgramServicesAmt |
| Management And General | $988,127 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,451,740 | TotalAmt |
| Program Services | $5,160,757 | ProgramServicesAmt |
| Management And General | $237,322 | ManagementAndGeneralAmt |
| Fundraising | $53,661 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,494,368 | TotalAmt |
| Program Services | $1,057,052 | ProgramServicesAmt |
| Management And General | $2,421,500 | ManagementAndGeneralAmt |
| Fundraising | $15,816 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,937,188 | TotalAmt |
| Program Services | $4,663,735 | ProgramServicesAmt |
| Management And General | $108,709 | ManagementAndGeneralAmt |
| Fundraising | $164,744 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $883,639 | TotalAmt |
| Program Services | $739,105 | ProgramServicesAmt |
| Management And General | $82,769 | ManagementAndGeneralAmt |
| Fundraising | $61,765 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $380,253 | TotalAmt |
| Program Services | $320,261 | ProgramServicesAmt |
| Management And General | $44,691 | ManagementAndGeneralAmt |
| Fundraising | $15,301 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,776,428 | TotalAmt |
| Program Services | $4,642,515 | ProgramServicesAmt |
| Management And General | $1,133,913 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,750,877 | TotalAmt |
| Program Services | $6,229,380 | ProgramServicesAmt |
| Management And General | $1,521,497 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,351,594 | TotalAmt |
| Program Services | $1,093,423 | ProgramServicesAmt |
| Management And General | $235,681 | ManagementAndGeneralAmt |
| Fundraising | $22,490 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Membership Dues | $573,145 | $535,975 | $28,995 | $8,175 |
| Repair & Maintenance of Equipment | $456,986 | $372,415 | $84,571 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,584,892 | TotalAmt |
| Program Services | $3,570,960 | ProgramServicesAmt |
| Management And General | $1,625,082 | ManagementAndGeneralAmt |
| Fundraising | $388,850 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,144,432 | TotalAmt |
| Program Services | $112,687,118 | ProgramServicesAmt |
| Management And General | $26,108,249 | ManagementAndGeneralAmt |
| Fundraising | $2,349,065 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,199,736 | BOYAmt |
| EOY | $6,134,942 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,590,942 | BOYAmt |
| EOY | $7,059,362 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,385,605 | BOYAmt |
| EOY | $5,763,761 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,549,735 | BOYAmt |
| EOY | $8,005,789 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,030 | BOYAmt |
| EOY | $63,578 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,233,653 | BOYAmt |
| EOY | $5,207,909 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $284,862,732 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $136,454,026 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,585,521 | BOYAmt |
| EOY | $148,408,706 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,589,246 | BOYAmt |
| EOY | $76,058,467 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,526,544 | BOYAmt |
| EOY | $12,341,156 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,659,055 | BOYAmt |
| EOY | $40,550,262 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,403,067 | BOYAmt |
| EOY | $309,593,932 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,573,384 | BOYAmt |
| EOY | $19,989,204 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,002,191 | BOYAmt |
| EOY | $12,356,346 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,180,000 | BOYAmt |
| EOY | $57,030,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,759,332 | BOYAmt |
| EOY | $50,732,677 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,385,116 | BOYAmt |
| EOY | $25,149,529 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,900,023 | BOYAmt |
| EOY | $165,257,756 | 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 | $122,430,600 | BOYAmt |
| EOY | $123,107,218 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,072,444 | BOYAmt |
| EOY | $21,228,958 | EOYAmt |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,503,044 | BOYAmt |
| EOY | $144,336,176 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,403,067 | BOYAmt |
| EOY | $309,593,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,422,165 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,496,484 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $907,451 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $15,697,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,646,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,383,175 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,405,697 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,244,190 | CurrentTaxYearAmt |
| Total | $89,377,129 | 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 | $15,697,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $15,646,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,383,175 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,405,697 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,244,190 | CurrentTaxYearAmt |
| Total | $89,377,129 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $669,984 | SubstantialContributorsTotAmt |
| Public Support Total170 | $88,707,145 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,512,172 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,063,942 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $913,650 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,843,724 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,721,520 | CurrentTaxYearAmt |
| Total | $11,055,008 | 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 | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $100,432,137 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $430,409,280 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.8833 | PublicSupportCY170Pct |
| Public Support PY170 | 0.8834 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | false | 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 | $10,807 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $10,807 | 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 | The University's lobbying expenses represent fees paid to a government relations consultant who is registered as a lobbyist with the State of Illinois and works on behalf of the University with state and local elected officials and agencies. The consultant kept the organization apprised of legislation that impacts higher education, healthcare and biomedical research, apprised the organization of potential state funding opportunities, and facilitated topical briefings with elected officials. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $89,275,055 | BeginningYearBalanceAmt |
| Contributions | $1,355,959 | ContributionsAmt |
| Investment Earnings Or Losses | $8,414,265 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $551,472 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,718,257 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $87,775,550 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $100,399,046 | BeginningYearBalanceAmt |
| Contributions | $4,636,093 | ContributionsAmt |
| Investment Earnings Or Losses | -$11,100,066 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $618,638 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,041,380 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $89,275,055 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $78,895,738 | BeginningYearBalanceAmt |
| Contributions | $4,663,636 | ContributionsAmt |
| Investment Earnings Or Losses | $22,190,123 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $449,836 | GrantsOrScholarshipsAmt |
| Other Expenditures | $4,900,615 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $100,399,046 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,612,966 | BeginningYearBalanceAmt |
| Contributions | $6,512,079 | ContributionsAmt |
| Investment Earnings Or Losses | $1,836,116 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $330,224 | GrantsOrScholarshipsAmt |
| Other Expenditures | $10,735,199 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $78,895,738 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $83,072,564 | BeginningYearBalanceAmt |
| Contributions | $5,299,853 | ContributionsAmt |
| Investment Earnings Or Losses | $3,156,287 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $461,880 | GrantsOrScholarshipsAmt |
| Other Expenditures | $9,453,858 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $81,612,966 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.853 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.147 | 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) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $17,824,757 | OtherCostOrOtherBasisAmt |
| Book Value | $17,824,757 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $200,985,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $88,967,378 | DepreciationAmt |
| Book Value | $112,018,233 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $0 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $61,803,516 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,486,648 | DepreciationAmt |
| Book Value | $14,316,868 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Other Cost Or Other Basis | $4,248,848 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $4,248,848 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $148,408,706 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| DUE FROM RELATED ORGANIZATION | $33,855,205 |
| RIGHT-OF-USE ASSETS | $2,966,351 |
| LOANS TO STUDENTS, NET | $3,728,706 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $40,550,262 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal equity in student loan programs | $3,217,170 |
| Postretirement healthcare benefits | $17,294,475 |
| Lease liabilities | $3,155,090 |
| Due to related organizations | $1,482,794 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $25,149,529 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The University's endowment is comprised of both donor-restricted and board-designated funds. The Investment Committee of the Board of Trustees provides oversight over the investment of those endowment funds by establishing policies and procedures concerning the management of endowment funds. Investment is consistent with the Uniform Prudent Management of Institutional Fund Act (UPMIFA). RFUMS has adopted a Total Return Spending Policy, which allocates an amount annually to be utilized according to donor restrictions or for advancing the University's mission in unfunded areas. The majority of donor-restricted funds provide scholarships and student aid. Funds generated by board-designated funds are used to support strategic initiatives and to provide general operating support. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The University has received a favorable letter of determination from the Internal Revenue Service concerning its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. The University files a Form 990 annually. When these returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the tax position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to universities include such matters as the following: the tax exempt status of each entity and various positions relative to potential sources of unrelated business income tax (UBIT). UBIT is reported on Form 990-T, as appropriate. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions are not offset or aggregated with other positions. Tax positions that meet the "more likely than not" recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above would be reflected as a liability for uncertain tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of June 30, 2023 and 2022, there were no uncertain tax positions identified. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Forms 990 and 990-T filed by the University are subject to the examination by the IRS up to three years from the extended due date of each return. Management believes the Forms 990 and 990-T have been filed appropriately. The University would recognize interest and penalties related to unrecognized tax positions in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties as of June 30, 2023 and 2022. |
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 | Notifications and announcements are made via the University website, promotional material, catalogs and handbooks. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | Rosalind Franklin University of Medicine & Science applies for and receives research grants, as approved on a case by case basis, from various Federal agencies. The University also participates in Federal student aid programs for qualified students, specifically Perkins, Federal Direct Loan, Federal Work Study, and Health Profession Student Loans. The Federal grants and loans are reported in the University's A-133 Single Audit. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | Instruction | $100 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | Research and Instruction | $29,165 |
| Middle East and North Africa | 0 | 0 | Program Services | Research | $31,499 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | Research | $11,704 |
| Central America and the Caribbean | 0 | 0 | Investments | $9,065,445 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $9,137,913 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $9,137,913 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | FormAndLineReferenceDesc |
| Explanation | CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| TUITION WAIVERS/SCHOLARSHIPS | 841 | $6,624,489 |
| PRIVATE SCHOLARSHIPS | 321 | $1,702,980 |
| STUDENT HARDSHIP | 578 | $608,641 |
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 | Procedures for monitoring the use of grant funds include retaining awarding and selection criteria, cost of attendance budgeting and monitoring and maintenance of continuous education policies. Records of each of the above are maintained to ensure continuous oversight and adherence to policies regarding usage. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| 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 |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 (13 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Wendy Rheault | ||||||||||||||
| President & CEO | $777,447 | $0 | $150,000 | $0 | $60,000 | $0 | $30,500 | $0 | $14,385 | $0 | $1,032,332 | $0 | $0 | $0 |
| Dr Adam Fleischer | ||||||||||||||
| Faculty/Trustee | $130,786 | $0 | $5,355 | $0 | $0 | $0 | $14,159 | $0 | $43,662 | $0 | $193,962 | $0 | $0 | $0 |
| Gavin Farry | ||||||||||||||
| EVP of Finance & Admin, CFO | $369,446 | $0 | $25,000 | $0 | $0 | $0 | $30,500 | $0 | $21,320 | $0 | $446,266 | $0 | $0 | $0 |
| Bruce Jefferson | ||||||||||||||
| Asst Secretary/General Counsel | $206,839 | $0 | $0 | $0 | $0 | $0 | $21,500 | $0 | $26,828 | $0 | $255,167 | $0 | $0 | $0 |
| Lee Concha | ||||||||||||||
| EVP Univ. Strategies & Chief of Staff | $309,783 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $14,294 | $0 | $354,577 | $0 | $0 | $0 |
| Dr Nancy Parsley | ||||||||||||||
| Provost | $426,241 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $8,975 | $0 | $465,716 | $0 | $0 | $0 |
| Dr Ronald Kaplan | ||||||||||||||
| EVP Research & Vice Dean Research, CMS | $387,446 | $0 | $0 | $0 | $9,066 | $0 | $30,500 | $0 | $40,879 | $0 | $467,891 | $0 | $0 | $0 |
| Dr Archana Chatterjee | ||||||||||||||
| Dean & VP of Medical Affairs | $565,918 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $33,484 | $0 | $629,902 | $0 | $0 | $0 |
| Dr Michael Zdon | ||||||||||||||
| Education Director, Surgery, Professor | $366,662 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $32,172 | $0 | $429,334 | $0 | $0 | $0 |
| Dr Jeanette Morrison | ||||||||||||||
| Vice Dean, MedEd & Exec Vice Dean, CMS | $343,767 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $40,226 | $0 | $414,493 | $0 | $0 | $0 |
| Dr Nutan Atre-Vaidya | ||||||||||||||
| Vice Dean, Discipline Chair | $340,211 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $32,358 | $0 | $403,069 | $0 | $0 | $0 |
| Dr Stephanie Wu | ||||||||||||||
| Dean | $350,686 | $0 | $4,337 | $0 | $0 | $0 | $30,500 | $0 | $38,357 | $0 | $423,880 | $0 | $0 | $0 |
| Dr Frank Maldonado | ||||||||||||||
| Executive Chair, Clinical Sciences | $431,260 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5,078 | $0 | $436,338 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | THE PRESIDENT RECEIVED A HOUSING ALLOWANCE BY THE UNIVERSITY. IT IS TREATED AS TAXABLE COMPENSATION. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | THE PRESIDENT RECEIVED A HEALTH CLUB MEMBERSHIP. IT IS TREATED AS A NONTAXABLE BENEFIT. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Illinois Finance Authority | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 45204EVQ8 | CUSIPNum |
| Bond Issued | 2017-08-23 | BondIssuedDt |
| Issue Price | $55,075,000 | IssuePriceAmt |
| Purpose | RETIRE 2003 & 2012 BONDS, CONSTRUCT EDUCATIONAL FACILITIES | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $55,075,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $1,090,941 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $0 | CapitalExpendituresAmt |
| Other Spent Proceeds | $53,984,059 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2017 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part IV, Line 2c COLUMN A | FormAndLineReferenceDesc |
| Explanation | Issuer name: Illinois Finance Authority The calculation for computing no rebate due was performed on 08/23/2022 | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JUNE MAYOR | |||
| WIFE OF KEY EMPLOYEE | $85,444 | EMPLOYEE OF THE UNIVERSITY | false |
| MARK GRUMET | |||
| SON OF A TRUSTEE | $156,457 | EMPLOYEE OF THE UNIVERSITY | false |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $908 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12959 | ContributionCnt |
| Noncash Contributions Rpt F990 | $51,990 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $750,000 | 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) | Auction Items | 27 | $3,840 | Market value |
| Yes (X) | Medical and non-medical supplies for patient care | 1524 | $47,107 | 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 items Real estate - Residential - Items received | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 8,179,746 including grants of $)(Revenue $ 4,448,296) OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The Executive Committee shall consist of, at a minimum, the Chair of the Board (as Chair of the Executive Committee), the Vice Chair of the Board, the Treasurer, the Secretary, and the President. The Executive Committee shall have the authority to exercise all authority of the Board of Trustees when the Board is not in session and time is of the essence, except as may be prohibited under law. When practicable, prior to the Executive Committee taking material actions on behalf of the Board pursuant to this provision, notice should be made to all Trustees of the pending matter in sufficient time to allow the Trustees to seek a special meeting to address that pending matter. The Board shall be notified of all actions taken by the Executive Committee at the earliest convenience. This notification may be accomplished by any means that fairly summarizes the actions taken by the Executive Committee. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The organization's Chief Financial officer conducts a detailed review of the Form 990 in conjunction with the independent tax preparer of RFUMS. A formal review of the full Form 990 is then conducted by the organization's officers and members of management prior to filing with the Internal Revenue Service. Subsequent to this review, a copy of the Full Form 990 is distributed to each voting member of the Board of Trustees prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Line 12c Conflict of interest policy | RFUMS has written conflict of interest policies for members of the Board of Trustees and officers of the corporation. In addition, conflict of interest policies and disclosure requirements cover senior administration and faculty, and all investigators engaged in university-sponsored or externally funded research. On an annual basis, members of the groups noted are required to disclose any interests that could give rise to any conflicts and provide a list of any potential and actual conflicts. Board of Trustees and officer disclosure documents are monitored by the Audit Committee of the Board. All others are monitored by the University's General Counsel. In the event of a conflict of interest, the individual is required to disclose the conflict and is prohibited from participating as a member of the Committee or Board in the matter in which there is a conflict. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | The total compensation package of the organization's top management official is established, approved and reviewed each year by the organization's independent compensation committee of the Board of Trustees and reported to the full Board of Trustees. To ensure that compensation is both reasonable and competitive, the Board retains the services of an outside independent consulting firm with expertise in academic healthcare. The independent consultant conducts a market survey that provides the Board with comparability data for compensation for similarly qualified persons at similar organizations. The decisions and deliberations regarding the review and approval of the top management official's compensation are documented in the Board minutes. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | The compensation for other officers and key employees is established and approved by the organization's top management official, with oversight and review annually by the Board of Trustees. To ensure that compensation is both reasonable and competitive for the above parties, the Board retains the services of an outside independent consulting firm with expertise in academic environments and healthcare on a periodic basis. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | All other - Total Revenue: 629832, Related or Exempt Function Revenue: 629832, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Compensation of Board Members | Adam Fleischer is not compensated by RFUMS in his capacity as a member of the Board of Trustees, but does receive compensation as a faculty member of the University. IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS, PART IX, LINE 5 REPORTS Adam Fleischer's COMPENSATION FOR SERVICES RENDERED as an employee of the organization. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | POST RETIREMENT LIAB ACTUARIAL ADJUSTMENT - 1688258; POST RETIREMENT HEALTH CARE COSTS - -780807; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RFU LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Corporation Trust Center | AddressLine1Txt |
| Address Line2 | 1209 Orange Stret | AddressLine2Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | Real estate | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $3,010,553 | TotalIncomeAmt |
| End Of Year Assets | $49,234,356 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rosalind Franklin University of Medicine and Science | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1Txt |
| City | NORTH CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770691998 | EIN |
| Primary Activities | HEALTH CARE | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Type I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RFUMS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | 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 | Yes (true) | 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 | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $32,372,411 | InvolvedAmt |
| Method Of Amount Determination | Cost | MethodOfAmountDeterminationTxt |
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