MILLIKIN UNIVERSITY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MILLIKIN UNIVERSITY (EIN 37-0706154)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-05-05
- IRS object ID
- 202501259349300245
- Schema version
- 2023v6.0
- 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 D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-05T09:15:38-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363168081 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SIKICH LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3051 HOLLIS DRIVE 3RD FLOOR | AddressLine1Txt |
| City | SPRINGFIELD | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 62704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 370706154 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLIKIN UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILL | BusinessNameControlTxt |
| Phone | 2174246313 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1184 WEST MAIN STREET | AddressLine1Txt |
| City | DECATUR | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 625222084 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SARAH KOTTICH | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT | PersonTitleTxt |
| Phone | 2174246313 | PhoneNum |
| Signature | 2025-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JILL M BOYLE CPA | PreparerPersonNm |
| PTIN | P01246734 | PTIN |
| Phone | 2177933363 | PhoneNum |
| Preparation | 2025-04-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMES REYNOLDS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1184 WEST MAIN STREET | AddressLine1Txt |
| City | DECATUR | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 625222084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $95,578,560 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MILLIKIN.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1901 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | TO OFFER AN EDUCATION THAT INTEGRATES THE LIBERAL AND PRACTICAL ARTS OF THE PROFESSIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 23 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 1183 | TotalEmployeeCnt |
| Total Volunteers | 1000 | TotalVolunteersCnt |
| Total Gross UBI | $27,345 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,483,116 | PYContributionsGrantsAmt |
| CY Contributions Grants | $11,330,024 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $69,991,728 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $63,922,261 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,476,492 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,592,826 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,538,958 | PYOtherRevenueAmt |
| CY Other Revenue | $586,170 | CYOtherRevenueAmt |
| PY Total Revenue | $94,490,294 | PYTotalRevenueAmt |
| CY Total Revenue | $88,431,281 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $40,650,827 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $37,112,504 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $28,172,939 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $25,017,128 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,281,836 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $27,609,782 | PYOtherExpensesAmt |
| CY Other Expenses | $27,816,033 | CYOtherExpensesAmt |
| PY Total Expenses | $96,433,548 | PYTotalExpensesAmt |
| CY Total Expenses | $89,945,665 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,943,254 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,514,384 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $248,601,205 | TotalAssetsBOYAmt |
| Total Assets EOY | $241,732,894 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $35,100,505 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,494,126 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $213,500,700 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $208,238,768 | NetAssetsOrFundBalancesEOYAmt |
| Mission | FOR ALL WHO ASPIRE TO ACHIEVE, MILLIKIN DELIVERS ON THE PROMISE OF EXCELLENCE IN EDUCATION. THROUGH THE INTEGRATION OF THEORY & PRACTICE, WE PREPARE STUDENTS FOR PROFESSIONAL SUCCESS, DEMOCRATIC CITIZENSHIP IN A GLOBAL ENVIRONMENT & A PERSONAL LIFE OF MEANING AND VALUE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $60,758,396 | ExpenseAmt |
| Grant | $37,112,504 | GrantAmt |
| Revenue | $57,778,126 | RevenueAmt |
| Desc | INSTRUCTION - COST OF ALL INSTRUCTIONAL ACTIVITIES, INCLUDING SCHOLARSHIPS AND GRANTS, FACULTY SALARIES AND FRINGE BENEFITS, CLASSROOM SUPPLIES AND EQUIPMENT, AND OTHER INSTRUCTIONAL EXPENSES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $8,363,243 | ExpenseAmt |
| Revenue | $5,804,939 | RevenueAmt |
| Desc | AUXILIARY EXPENSES - COST OF DINING SERVICES AND RESIDENCE HALL OPERATIONS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,977,775 | ExpenseAmt |
| Revenue | $339,196 | RevenueAmt |
| Desc | STUDENT SERVICES - COST OF STUDENT DEVELOPMENT OFFICE, ADMISSIONS, REGISTRAR, FINANCIAL AID, CHAPLAIN, CHOIR, BAND, KIRKLAND FINE ARTS CENTER PROGRAMS, AND INTERCOLLEGIATE ATHLETICS. NUMBER OF PERSONS SERVED DURING THE YEAR FOR PROGRAM SERVICES EQUALS APPROXIMATELY 1,949 STUDENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenue | $589,337 | RevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Revenue | $589,337 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $82,099,414 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2327 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1183 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 23 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | AMY M BESSER | PersonNm |
| Phone | 2173626485 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1184 WEST MAIN STREET | AddressLine1Txt |
| City | DECATUR | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 625222084 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| TANYA ANDRICKS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RANDY BLACKBURN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RON BRANCH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEONARD BRINSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CINDY DEADRICK-WOLFER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SHERI EICHELBERGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB GIVENS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM GRADY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT GUFFEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE HORVE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AMY KEMP | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROZ LEECK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF LILLY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CASE MCGEE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KEVIN MCGREEVEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRIS OLSEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY OSBORNE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DARREN REYNOLDS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAY SCHLEPPENBACH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN SKEFFINGTON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FATHER NICK SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHY THOMFORDE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ZACH UTTICH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| REYNOLDS JAMES M | |||||||
| PRESIDENT | 40.00 | $390,918 | $0 | $58,589 | Yes (X) | ||
| KOTTICH SARAH M | |||||||
| EVP AND CHIEF STRATEGY OFFICER | 40.00 | $253,824 | $0 | $11,354 | Yes (X) | ||
| BLACK MARY M | |||||||
| PROVOST | 40.00 | $141,546 | $0 | $20,658 | Yes (X) | ||
| BIANCHI GINA L | |||||||
| VP OF ALUMNI AND DEVELOPMENT | 40.00 | $131,964 | $0 | $13,613 | Yes (X) | ||
| WHITE CRAIG C | |||||||
| ATHLETIC DIRECTOR | 40.00 | $108,002 | $0 | $18,597 | Yes (X) | ||
| SOUTHERLAND WALLACE AS OF 723 | |||||||
| VICE PRESIDENT OF STUDENT AFFAIRS | 40.00 | $70,000 | $0 | $3,022 | Yes (X) | ||
| RICHTMAN MARGARET AS OF 923 | |||||||
| VICE PRESIDENT OF MARKETING | 40.00 | $44,970 | $0 | $2,078 | Yes (X) | ||
| SILOTTO JODI AS OF 0424 | |||||||
| VICE PRESIDENT | 40.00 | $0 | $0 | $0 | Yes (X) | ||
| SCHROEDER ERIK K | |||||||
| DIRECTOR OF IT | 40.00 | $126,042 | $0 | $6,868 | Yes (X) | ||
| PODESCHI RICHARD P | |||||||
| DEAN, TABOR SCHOOL | 40.00 | $116,363 | $0 | $13,030 | Yes (X) | ||
| HUBBARD STACEY L | |||||||
| ASST VP OF ADMIN SERVICES | 40.00 | $114,764 | $0 | $12,992 | Yes (X) | ||
| CURTIN NANCY J | |||||||
| DEAN, COLLEGE OF ARTS AND SCIENCES | 40.00 | $110,587 | $0 | $12,746 | Yes (X) | ||
| MUNOZ JOSEPH MARK S | |||||||
| ASSOCIATE PROFESSOR | 40.00 | $101,000 | $0 | $5,370 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,709,980 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $178,917 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ARAMARK FACILITIES | |||||
| 1184 W MAIN ST | DECATUR | IL | 62522 | FACILITY MANAGEMENT SERVICES | $3,499,861 |
| ARAMARK DINING | |||||
| 1184 W MAIN ST | DECATUR | IL | 62522 | DINING SERVICES FOR CAMPUS | $2,959,450 |
| O'SHEA BUILDERS | |||||
| 3401 CONSITITUTION DR | SPRINGFIELD | IL | 62711 | CONSTRUCTION OF NURSING LAB | $1,394,151 |
| AKADEMOS LLC | |||||
| 200 CONNECTICUT AVE STE 2B | NORWALK | CT | 068541907 | EQUITABLE ACCESS BOOK PROVIDER | $556,036 |
| EAB GLOBAL | |||||
| PO BOX 603519 | CHARLOTTE | NC | 28260 | ENROLLMENT CONSULTANTS | $366,011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $48,493 | FundraisingAmt |
| Government Grants | $473,657 | GovernmentGrantsAmt |
| All Other Contributions | $10,807,874 | AllOtherContributionsAmt |
| Noncash Contributions | $1,183,498 | NoncashContributionsAmt |
| Total Contributions | $11,330,024 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION & FEES | 900099 | $57,778,126 | $57,778,126 |
| AUXILLIARY ENTERPRISE REVENUE | 900099 | $5,804,939 | $5,804,939 |
| EDUCATIONAL ACTIVITIES REVENUE | 900099 | $339,196 | $339,196 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $63,922,261 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,115,927 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $27,345 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,088,582 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,359,826 | SecuritiesAmt |
| Other | $247,560 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,046,162 | SecuritiesAmt |
| Other | $84,325 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,313,664 | SecuritiesAmt |
| Other | $163,235 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,476,899 | TotalRevenueColumnAmt |
| Exclusion | $4,476,899 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $13,625 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $48,493 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $16,792 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$3,167 | TotalRevenueColumnAmt |
| Exclusion | -$3,167 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EMPLOYEE INSURANCE PREMIUMS | 900099 | $167,147 | $167,147 |
| FINES REVENUE | 900099 | $102,365 | $102,365 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $319,825 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $319,825 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $589,337 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,431,281 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $64,511,598 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $27,345 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,562,314 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,112,504 | TotalAmt |
| Program Services | $37,112,504 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,352,896 | TotalAmt |
| Management And General | $1,217,606 | ManagementAndGeneralAmt |
| Fundraising | $135,290 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,948,410 | TotalAmt |
| Program Services | $15,311,674 | ProgramServicesAmt |
| Management And General | $2,078,213 | ManagementAndGeneralAmt |
| Fundraising | $558,523 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $674,088 | TotalAmt |
| Program Services | $543,092 | ProgramServicesAmt |
| Management And General | $93,071 | ManagementAndGeneralAmt |
| Fundraising | $37,925 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,627,938 | TotalAmt |
| Program Services | $2,922,916 | ProgramServicesAmt |
| Management And General | $500,907 | ManagementAndGeneralAmt |
| Fundraising | $204,115 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,413,796 | TotalAmt |
| Program Services | $1,121,561 | ProgramServicesAmt |
| Management And General | $241,414 | ManagementAndGeneralAmt |
| Fundraising | $50,821 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,867 | TotalAmt |
| Management And General | $162,867 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,032 | TotalAmt |
| Management And General | $89,032 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $551,116 | TotalAmt |
| Program Services | $335,478 | ProgramServicesAmt |
| Management And General | $195,726 | ManagementAndGeneralAmt |
| Fundraising | $19,912 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,083,790 | TotalAmt |
| Program Services | $1,033,846 | ProgramServicesAmt |
| Fundraising | $49,944 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,423,935 | TotalAmt |
| Program Services | $1,059,902 | ProgramServicesAmt |
| Management And General | $364,033 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,579,529 | TotalAmt |
| Program Services | $2,474,240 | ProgramServicesAmt |
| Management And General | $105,289 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,508,883 | TotalAmt |
| Program Services | $1,304,217 | ProgramServicesAmt |
| Management And General | $172,513 | ManagementAndGeneralAmt |
| Fundraising | $32,153 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $816,717 | TotalAmt |
| Program Services | $762,166 | ProgramServicesAmt |
| Management And General | $54,551 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,128,460 | TotalAmt |
| Program Services | $5,719,122 | ProgramServicesAmt |
| Management And General | $409,338 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $309,351 | TotalAmt |
| Program Services | $288,689 | ProgramServicesAmt |
| Management And General | $20,662 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EQUIPMENT AND MAINTENAN | $5,228,954 | $4,844,052 | $384,902 | |
| DINING AND MEALS | $3,509,593 | $3,439,092 | $33,023 | $37,478 |
| BAD DEBT EXPENSE | $456,544 | $426,050 | $30,494 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,967,262 | TotalAmt |
| Program Services | $3,400,813 | ProgramServicesAmt |
| Management And General | $410,774 | ManagementAndGeneralAmt |
| Fundraising | $155,675 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,945,665 | TotalAmt |
| Program Services | $82,099,414 | ProgramServicesAmt |
| Management And General | $6,564,415 | ManagementAndGeneralAmt |
| Fundraising | $1,281,836 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,147,924 | BOYAmt |
| EOY | $1,177,754 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,788,622 | BOYAmt |
| EOY | $11,780,847 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,778,893 | BOYAmt |
| EOY | $1,878,328 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,273,931 | BOYAmt |
| EOY | $1,572,947 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $594,777 | BOYAmt |
| EOY | $423,562 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,585 | BOYAmt |
| EOY | $92,350 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $212,580,504 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $90,243,854 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,382,087 | BOYAmt |
| EOY | $122,336,650 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,938,859 | BOYAmt |
| EOY | $76,474,211 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,799,978 | BOYAmt |
| EOY | $15,205,790 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,827,549 | BOYAmt |
| EOY | $10,790,455 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,601,205 | BOYAmt |
| EOY | $241,732,894 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,789,211 | BOYAmt |
| EOY | $4,461,971 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $546,618 | BOYAmt |
| EOY | $300,135 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,169,833 | BOYAmt |
| EOY | $2,777,928 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,450,000 | BOYAmt |
| EOY | $17,700,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,711 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,066,132 | BOYAmt |
| EOY | $8,254,092 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,100,505 | BOYAmt |
| EOY | $33,494,126 | 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 | $132,856,137 | BOYAmt |
| EOY | $121,716,852 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,644,563 | BOYAmt |
| EOY | $86,521,916 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,500,700 | BOYAmt |
| EOY | $208,238,768 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,601,205 | BOYAmt |
| EOY | $241,732,894 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,514,384 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$4,174,111 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $426,563 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $92,594,846 | BeginningYearBalanceAmt |
| Contributions | $4,122,019 | ContributionsAmt |
| Investment Earnings Or Losses | $7,066,011 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,838,952 | OtherExpendituresAmt |
| End Year Balance | $96,943,924 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $104,731,702 | BeginningYearBalanceAmt |
| Contributions | $1,791,205 | ContributionsAmt |
| Investment Earnings Or Losses | $4,844,788 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $18,772,849 | OtherExpendituresAmt |
| End Year Balance | $92,594,846 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $114,323,399 | BeginningYearBalanceAmt |
| Contributions | $2,333,436 | ContributionsAmt |
| Investment Earnings Or Losses | $7,974,219 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $19,899,352 | OtherExpendituresAmt |
| End Year Balance | $104,731,702 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $96,611,537 | BeginningYearBalanceAmt |
| Contributions | $2,117,294 | ContributionsAmt |
| Investment Earnings Or Losses | $25,662,291 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,067,723 | OtherExpendituresAmt |
| End Year Balance | $114,323,399 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,241,730 | BeginningYearBalanceAmt |
| Contributions | $1,148,593 | ContributionsAmt |
| Investment Earnings Or Losses | $2,483,604 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $16,262,390 | OtherExpendituresAmt |
| End Year Balance | $96,611,537 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.23815 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.76185 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $11,540,922 | OtherCostOrOtherBasisAmt |
| Book Value | $11,540,922 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $175,236,681 | OtherCostOrOtherBasisAmt |
| Depreciation | $78,925,705 | DepreciationAmt |
| Book Value | $96,310,976 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,471,800 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,756,986 | DepreciationAmt |
| Book Value | $2,714,814 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,331,101 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,561,163 | DepreciationAmt |
| Book Value | $11,769,938 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $122,336,650 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | REAL ESTATE | Desc |
| Book Value | $15,205,790 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $15,205,790 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $1,242,220 |
| STUDENT DEPOSITS | $496,088 |
| ANNUITIES PAYABLE | $297,758 |
| OPERATING LEASE | $34,334 |
| FINANCE LEASE | $6,183,692 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,254,092 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $47,261,919 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$4,174,111 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $16,792 | OtherRevenueAmt |
| Revenue Not Reported | -$4,157,319 | RevenueNotReportedAmt |
| Revenue Subtotal | $51,419,238 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $162,867 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $36,849,176 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $37,012,043 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,431,281 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $52,523,851 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | -$146,443 | OtherExpensesIncludedAmt |
| Expenses Not Reported | -$146,443 | ExpensesNotReportedAmt |
| Expenses Subtotal | $52,670,294 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $162,867 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $37,112,504 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $37,275,371 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $89,945,665 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE UNIVERSITY HAS RECEIVED A VARIETY OF ARTIFACTS FROM DONORS OVER THE YEARS INCLUDING PAINTINGS, CERAMICS, BLOWN GLASS, AND SCULPTURES. THE COLLECTION ASSISTS IN THE PEDAGOGICAL PROGRAMS FOR FINE ARTS AT THE UNIVERSITY. |
| PART V, LINE 4: | THE INVESTMENTS OF THE ENDOWMENT ASSETS WILL BE GOVERNED BY THE FOLLOWING OBJECTIVES: TO PROVIDE ANNUAL SUPPORT TO THE OPERATING BUDGET OF THE UNIVERSITY AND TO PROVIDE SUPPORT TO THE UNIVERSITY'S SCHOLARSHIP PROGRAM. |
| PART X, LINE 2: | THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING IT QUALIFIES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE UNIVERSITY IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. AS SUCH, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE CODE. THE UNIVERSITY FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) 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 TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990-T, AS APPROPRIATE. THE BENEFIT OF 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. THE UNIVERSITY IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 16,792. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INDIVIDUAL SCHOLARSHIPS 37,112,504. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -426,563. GAIN ON DISPOSAL OF PROPERTY 163,235. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSE 16,792. GAIN ON DISPOSAL OF PROPERTY -163,235. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INDIVIDUAL SCHOLARSHIPS 37,112,504. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | MILLIKIN UNIVERSITY'S NONDISCRIMINATORY POLICY AND COMMITMENT TO DIVERSITY STATEMENT ARE PUBLICIZED ON THE UNIVERSITY'S WEBSITE IN THE ABOUT SECTION, UNDER BOTH MISSION AND VALUES AND CONSUMER INFORMATION (HIGHER EDUCATION OPPORTUNITY ACT). |
| SCHEDULE E, PART I, LINE 6 | THE UNIVERSITY PARTICIPATES IN ALL FEDERAL AND ILLINOIS FINANCIAL AID PROGRAMS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $1,713,111 | RegionTotalExpendituresAmt |
| 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 | $1,713,111 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,713,111 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | BIG BLUE GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $32,148 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $23,528 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $8,620 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $5,552 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $3,068 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $2,249 | OtherDirectExpensesEvent1Amt |
| Event2 | BASEBALL TEAM GOLF OUTING | Event2Nm |
| Gross Receipts Event2 | $29,970 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $24,965 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $5,005 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $4,480 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $525 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $918 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $62,118 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $48,493 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $13,625 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $10,032 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $3,593 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,167 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $16,792 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$3,167 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | INDIVIDUAL SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 1309 | RecipientCnt |
| Cash Grant | $37,112,504 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS AWARDED TO STUDENTS ARE AUTOMATICALLY CREDITED TO THEIR ACCOUNT WITH THE UNIVERSITY TO OFFSET TUITION AND OTHER SIMILAR COSTS. NO CASH IS AWARDED DIRECTLY TO THE STUDENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | 0 | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REYNOLDS JAMES M | ||||||||||||||
| PRESIDENT | $384,864 | $0 | $0 | $0 | $6,054 | $0 | $15,125 | $0 | $43,464 | $0 | $449,507 | $0 | $0 | $0 |
| KOTTICH SARAH M | ||||||||||||||
| EVP AND CHIEF STRATEGY OFFICER | $253,464 | $0 | $0 | $0 | $360 | $0 | $0 | $0 | $11,354 | $0 | $265,178 | $0 | $0 | $0 |
| BLACK MARY M | ||||||||||||||
| PROVOST | $141,357 | $0 | $0 | $0 | $189 | $0 | $7,500 | $0 | $13,158 | $0 | $162,204 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 1A | FormAndLineReferenceDesc |
| Explanation | AS A CONDITION OF EMPLOYMENT, THE PRESIDENT OF THE UNIVERSITY IS REQUIRED TO RESIDE IN CAMPUS HOUSING. THE RESIDENCE SERVES BOTH AS A PERSONAL RESIDENCE AS WELL AS A VENUE FOR CARRYING OUT UNIVERSITY BUSINESS. THE UNIVERSITY HAS DETERMINED THAT THE VALUE OF THE USE OF THE PERSONAL RESIDENCE IS NOT CONSIDERED TAXABLE INCOME TO THE PRESIDENT AS PROVIDED IN INTERNAL REVENUE CODE SECTION 119. FOR FISCAL YEAR 2023/2024, THE PRESIDENT'S USE OF THE RESIDENCE IS ESTIMATED AT $36,000. THIS ESTIMATED VALUE IS BASED ON A FAIR RENTAL VALUE OF $3,000 PER MONTH FOR SIMILAR HOUSES IN THE AREA. THIS VALUE INCLUDES MAINTENANCE OF THE PROPERTY, LANDSCAPING, AND SNOW REMOVAL. | ExplanationTxt |
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 | COUNTY OF MACON ILLINOIS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 376001309 | BondIssuerEIN |
| Bond Issued | 2014-12-01 | BondIssuedDt |
| Issue Price | $10,000,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION COSTS OF NEW UNIVERSITY CENTER, RENOVATION OF RESIDENCE HALLS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $10,000,000 | TotalProceedsAmt |
| Capital Expenditures | $10,000,000 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 11 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,138,498 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE OF SECURIT | MethodOfDeterminingRevenuesTxt |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $45,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL REPORT | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE PREPARED 990 IS REVIEWED AND ACCEPTED BY THE ASSISTANT VICE PRESIDENT OF FINANCIAL SERVICES, THE EXECUTIVE VICE PRESIDENT, THE PRESIDENT AND THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES BEFORE IT IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE PRESIDENT'S OFFICE SENDS OUT A QUESTIONAIRE TO ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES IN WHICH ANY POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED. THE PRESIDENT'S OFFICE MONITORS THE RETURN OF ALL QUESTIONAIRES AND REVIEWS AND MAINTAINS THESE RECORDS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD'S EXECUTIVE COMITTEE HAS OVERALL RESPONSIBILITY FOR THE COMPENSATION REVIEW OF THE PRESIDENT. THE PURPOSE OF THE PROCESS IS TO SET THE PRESIDENT'S ANNUAL COMPENSATION BASED ON THREE FACTORS: A. SUMMATIVE PERFORMANCE APPRAISAL FOCUSED ON ANNUAL GOALS, WITH CONSIDERATION OF THE RESULTS OF THE EVALUATION CONDUCTED IN THE PREVIOUS FALL; B. MARKET ANALYSIS, ESPECIALLY PEER AND BENCHMARK DATA; C. INSTITUTIONAL NEEDS. THE PROCESS BEGINS ANNUALLY IN EARLY MAY WITH THE PRESIDENT'S SUBMISSION TO THE BOARD CHAIR OF: FIRST, A STATUS REPORT ON THE CURRENT YEAR'S GOALS THAT, IN MANY CASES, WILL ANTICIPATE YEAR-END RESULTS; AND SECOND, A SET OF PROPOSED GOALS FOR THE UPCOMING ACADEMIC YEAR. THE BOARD CHAIR WILL ALSO RECEIVE APPROPRIATE PEER AND BENCHMARK DATA FROM THE HUMAN RESOURCES OFFICE. THE EXECUTIVE COMMITTEE WILL REVIEW THE PRESIDENT'S PERFORMANCE, WITH THE BOARD CHAIR DISCUSSING THEIR CONCLUSIONS ORALLY WITH THE PRESIDENT TO ENSURE ACCURACY AND FAIRNESS OF JUDGEMENTS. THE EXECUTIVE COMMITTEE WILL THEN DISCUSS ITS CONCLUSIONS AND COMPENSATION RECOMMENDATION WITH THE PRESIDENT. THE BOARD CHAIR WILL DISCUSS THE EXECUTIVE COMMITTEE'S CONCLUSIONS AND COMPENSATION RECOMMENDATION WITH THE FULL BOARD IN EXECUTIVE SESSION, WITH THE PRESIDENT IN ATTENDANCE. THE BOARD WILL THEN APPROVE THE PRESIDENT'S COMPENSATION FOR THE FOLLOWING YEAR, AND THE BOARD CHAIR WILL THEN PREPARE THE NECESSARY WRITTEN CONFIRMATION. THE BOARD CHAIR AND PRESIDENT WILL MEET PRIVATELY TO CONCLUDE THE PROCESS. THE PRESIDENT HAS OVERALL RESPONSIBILITY FOR THE COMPENSATION REVIEW OF THE VICE PRESIDENTS. A MARKET ANALYSIS IS DONE BY THE HR OFFICE THAT INCLUDES PEER AND BENCHMARK DATA. THIS ANALYSIS IS THEN USED AS A TOOL FOR DETERMINING SALARY CHANGES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE GENERAL PUBLIC WITH COPIES PROVIDED UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGES IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 426,563. |
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