NATIONAL-LOUIS UNIVERSITY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL-LOUIS UNIVERSITY (EIN 36-2167804)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-07
- IRS object ID
- 202210979349300911
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-07T10:04:57-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 E Main St Suite 700 | AddressLine1Txt |
| City | Fort Wayne | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 46802 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362167804 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL LOUIS UNIVERSITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARTY MICKEY VP OF FINANCE | InCareOfNm |
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 8479475580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 CAPITOL DRIVE | AddressLine1Txt |
| City | WHEELING | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60090 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTY MICKEY | PersonNm |
| Person Title | VP OF FINANCE | PersonTitleTxt |
| Phone | 8479475580 | PhoneNum |
| Signature | 2022-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARTY | PersonFirstNm |
| Person Last | MICKEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Lauren R Denton | PreparerPersonNm |
| PTIN | P01571860 | PTIN |
| Phone | 2604604000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | NIVINE MEGAHED PRESIDENT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 S MICHIGAN AVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $119,708,253 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NL.EDU | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1912 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | NLU IS AN INCLUSIVE COMMUNITY PROVIDING EDUCATIONAL OPPORTUNITIES TO INSPIRE & EMPOWER LEARNERS TO PREPARE FOR & ADVANCE IN MEANINGFUL LIVES AND PRODUCTIVE CAREEERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 1736 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,403,033 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,399,171 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $93,624,032 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $97,324,028 | CYProgramServiceRevenueAmt |
| PY Investment Income | $891,323 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,606,069 | CYInvestmentIncomeAmt |
| PY Other Revenue | $694,571 | PYOtherRevenueAmt |
| CY Other Revenue | $755,978 | CYOtherRevenueAmt |
| PY Total Revenue | $106,612,959 | PYTotalRevenueAmt |
| CY Total Revenue | $119,085,246 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $5,188,223 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $5,579,936 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $63,915,335 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $65,735,007 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,270,004 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $34,265,033 | PYOtherExpensesAmt |
| CY Other Expenses | $37,783,373 | CYOtherExpensesAmt |
| PY Total Expenses | $103,368,591 | PYTotalExpensesAmt |
| CY Total Expenses | $109,098,316 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,244,368 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $9,986,930 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $111,711,059 | TotalAssetsBOYAmt |
| Total Assets EOY | $128,373,354 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $37,081,984 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,781,895 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $74,629,075 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $90,591,459 | NetAssetsOrFundBalancesEOYAmt |
| Mission | NATIONAL LOUIS UNIVERSITY IS AN INCLUSIVE, INNOVATIVE COMMUNITY PROVIDING EDUCATIONAL OPPORTUNITIES THAT INSPIRE AND EMPOWER ALL LEARNERS AS THEY PREPARE FOR AND ADVANCE IN MEANINGFUL LIVES AND PRODUCTIVE CAREERS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $85,056,742 | ExpenseAmt |
| Grant | $5,579,936 | GrantAmt |
| Revenue | $98,080,006 | RevenueAmt |
| Desc | INSTRUCTION - THE UNIVERSITY SERVED 10,063 STUDENTS IN ITS VARIOUS PROGRAMS OF INSTRUCTION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $14,379,624 | ExpenseAmt |
| Desc | PUBLIC SERVICE - THE UNIVERSITY PROVIDES A NUMBER OF EDUCATIONAL AND CULTURAL PROGRAMS FOR THE GENERAL COMMUNITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $99,436,366 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 118 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1736 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| 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 | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | 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 | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTY MICKEY VP OF FINANCE | PersonNm |
| Phone | 8479475580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 CAPITOL DRIVE | AddressLine1Txt |
| City | WHEELING | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60090 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| NIVINE MEGAHED | |||||||||
| PRESIDENT | 50.0 | 0.0 | Yes (X) | $521,037 | $0 | $147,124 | |||
| SAIB OTHMAN | |||||||||
| RPVOST | 50.0 | 0.0 | Yes (X) | $240,447 | $0 | $40,821 | |||
| MARTY MICKEY | |||||||||
| TREASURER AND VP, FINANCE | 50.0 | 0.0 | Yes (X) | $190,455 | $0 | $78,196 | |||
| AARTI DHUPELIA | |||||||||
| VP, UNDERGRADUATE EDUCATION | 50.0 | 0.0 | $219,119 | $0 | $49,075 | Yes (X) | |||
| ROBERT MULLER | |||||||||
| DEAN, NATIONAL COLEEGE OF EDU. | 50.0 | 0.0 | $217,754 | $0 | $29,532 | Yes (X) | |||
| RICHARD YACONIS | |||||||||
| VP, ENROLLMENT AND MARKETING | 50.0 | 0.0 | $202,600 | $0 | $41,169 | Yes (X) | |||
| CAROLE WOOD | |||||||||
| VP, ADVANCEMENT | 50.0 | 0.0 | $222,056 | $0 | $12,391 | Yes (X) | |||
| MICHAEL GRAHAM | |||||||||
| VP, CHIEF INFORMATION OFFICER | 50.0 | 0.0 | $198,331 | $0 | $24,531 | Yes (X) | |||
| THOMAS BERGMANN | |||||||||
| VP, HUMAN RESOURCES | 50.0 | 0.0 | $192,492 | $0 | $27,862 | Yes (X) | |||
| IGNACIO LOPEZ | |||||||||
| DEAN, SCHOOL OF BUSINESS & IT | 50.0 | 0.0 | $170,250 | $0 | $35,730 | Yes (X) | |||
| MICHAEL CARR | |||||||||
| DEPUTY PROVOST | 50.0 | 0.0 | $158,197 | $0 | $40,412 | Yes (X) | |||
| STEPHEN NEER | |||||||||
| VICE PROVOST ADVIS & UN. REG. | 50.0 | 0.0 | $156,577 | $0 | $27,634 | Yes (X) | |||
| JOHN MAZARIEGOS | |||||||||
| ASSOC VP OF INFORMATION TECH | 50.0 | 0.0 | $145,027 | $0 | $34,658 | Yes (X) | |||
| DIANE TRAUSCH | |||||||||
| SEC. & DIR. OF BOARD RELATIONS | 50.0 | 0.0 | Yes (X) | $92,833 | $0 | $8,556 | |||
| THOMAS J FORMOLO | |||||||||
| TRUSTEE, CHAIRMAN OF THE BOARD | 4.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| MICHELLE L COLLINS | |||||||||
| TRUSTE, VICE CHAIR OF BOARD | 4.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JUAN C AVILA | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| PENNY BROWN | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JULIE CHAVEZ | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| PETER B CHERECWICH | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JANET FROETSHER | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JACK D FURST | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| JEFFREY R KULWIN | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| J MICHAEL LOCKE | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| R TIGHE MAGNUSON | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| RICHARD H MALONE | |||||||||
| TRUSTEE | 0.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| KAY NIXON | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| OLIVER R MERRILL | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| LOUISE L PERRIN | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| IAN G ROSS | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| SCOTT SMITH | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| MARIO TRICOCCI | |||||||||
| TRUSTEE | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,927,175 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $597,691 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 51 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HELIX EDUCATION INC | |||||
| PO BOX 894 | SALT LAKE CITY | UT | 84110 | ONLINE EDU SERVICES | $1,582,998 |
| RUFFALO NOEL LEVITZ | |||||
| PO BOX 718 | DES MOINES | IA | 50303 | ENROLLMENT SERVICES | $1,242,753 |
| SENTINEL TECHNOLOGIES | |||||
| PO BOX 85080 | CHICAGO | IL | 60680 | IT SERVICES | $1,155,510 |
| 15161 COLLECTION CENTER DR | CHICAGO | IL | 60693 | ADVERTISING SERVICES | $616,983 |
| ELLUCIAN COMPANY | |||||
| 62578 COLLECTION CENTERS DR | CHICAGO | IL | 60693 | IT SERVICES | $593,105 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 27 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $16,755,265 | GovernmentGrantsAmt |
| All Other Contributions | $1,643,906 | AllOtherContributionsAmt |
| Total Contributions | $18,399,171 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TUITION AND FEES | 611710 | $95,697,130 | $95,697,130 |
| SALES AND SERVICES OF EDUCATIONAL ACTIVITIES | 611710 | $1,025,448 | $1,025,448 |
| AUXILIARY ENTERPRISES | 721000 | $601,450 | $601,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $97,324,028 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $942,580 | TotalRevenueColumnAmt |
| Exclusion | $942,580 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $542,084 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $623,007 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$80,923 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$80,923 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$80,923 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,663,489 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,663,489 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,663,489 | TotalRevenueColumnAmt |
| Exclusion | $1,663,489 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $0 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $836,901 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $836,901 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $836,901 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $119,085,246 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $98,080,006 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $2,606,069 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,579,936 | TotalAmt |
| Program Services | $5,579,936 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,978,317 | TotalAmt |
| Program Services | $1,177,099 | ProgramServicesAmt |
| Management And General | $207,723 | ManagementAndGeneralAmt |
| Fundraising | $593,495 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,044,527 | TotalAmt |
| Program Services | $46,381,281 | ProgramServicesAmt |
| Management And General | $3,617,587 | ManagementAndGeneralAmt |
| Fundraising | $1,045,659 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,857,270 | TotalAmt |
| Program Services | $1,701,632 | ProgramServicesAmt |
| Management And General | $130,001 | ManagementAndGeneralAmt |
| Fundraising | $25,637 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,043,323 | TotalAmt |
| Program Services | $6,452,042 | ProgramServicesAmt |
| Management And General | $493,885 | ManagementAndGeneralAmt |
| Fundraising | $97,396 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,811,570 | TotalAmt |
| Program Services | $3,492,163 | ProgramServicesAmt |
| Management And General | $266,794 | ManagementAndGeneralAmt |
| Fundraising | $52,613 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $294,258 | TotalAmt |
| Management And General | $294,258 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,817 | TotalAmt |
| Management And General | $94,817 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,500 | TotalAmt |
| Management And General | $46,500 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,372 | TotalAmt |
| Management And General | $141,372 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,751,740 | TotalAmt |
| Program Services | $6,671,437 | ProgramServicesAmt |
| Management And General | $943,781 | ManagementAndGeneralAmt |
| Fundraising | $136,522 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $576,114 | TotalAmt |
| Program Services | $470,962 | ProgramServicesAmt |
| Management And General | $17,016 | ManagementAndGeneralAmt |
| Fundraising | $88,136 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,382,039 | TotalAmt |
| Program Services | $7,323,659 | ProgramServicesAmt |
| Management And General | $57,105 | ManagementAndGeneralAmt |
| Fundraising | $1,275 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,530,503 | TotalAmt |
| Program Services | $8,741,157 | ProgramServicesAmt |
| Management And General | $659,324 | ManagementAndGeneralAmt |
| Fundraising | $130,022 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,684 | TotalAmt |
| Program Services | $12,975 | ProgramServicesAmt |
| Management And General | $11,673 | ManagementAndGeneralAmt |
| Fundraising | $36 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,360 | TotalAmt |
| Program Services | $146,094 | ProgramServicesAmt |
| Management And General | $17,346 | ManagementAndGeneralAmt |
| Fundraising | $920 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,925 | TotalAmt |
| Program Services | $255,400 | ProgramServicesAmt |
| Management And General | $20,485 | ManagementAndGeneralAmt |
| Fundraising | $4,040 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,652,139 | TotalAmt |
| Program Services | $2,419,780 | ProgramServicesAmt |
| Management And General | $194,085 | ManagementAndGeneralAmt |
| Fundraising | $38,274 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $461,829 | TotalAmt |
| Program Services | $423,128 | ProgramServicesAmt |
| Management And General | $32,326 | ManagementAndGeneralAmt |
| Fundraising | $6,375 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| OTHER | $7,208,093 | $7,033,206 | $125,283 | $49,604 |
| SKOKIE RESTORATIO | $1,175,000 | $1,154,415 | $20,585 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,098,316 | TotalAmt |
| Program Services | $99,436,366 | ProgramServicesAmt |
| Management And General | $7,391,946 | ManagementAndGeneralAmt |
| Fundraising | $2,270,004 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,488,551 | BOYAmt |
| EOY | $17,467,536 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,569 | BOYAmt |
| EOY | $252,006 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,983,450 | BOYAmt |
| EOY | $7,828,461 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,112,212 | BOYAmt |
| EOY | $1,042,081 | 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 | $854,835 | BOYAmt |
| EOY | $1,099,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $88,242,206 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $32,193,325 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,308,206 | BOYAmt |
| EOY | $56,048,881 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,027,985 | BOYAmt |
| EOY | $42,690,971 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,251 | BOYAmt |
| EOY | $1,943,433 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,711,059 | BOYAmt |
| EOY | $128,373,354 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,766,060 | BOYAmt |
| EOY | $7,768,674 | 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 | $4,218,616 | BOYAmt |
| EOY | $5,052,776 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,149,863 | BOYAmt |
| EOY | $24,102,037 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $947,445 | BOYAmt |
| EOY | $858,408 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,081,984 | BOYAmt |
| EOY | $37,781,895 | 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 | $58,109,776 | BOYAmt |
| EOY | $71,118,419 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,519,299 | BOYAmt |
| EOY | $19,473,040 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,629,075 | BOYAmt |
| EOY | $90,591,459 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,711,059 | BOYAmt |
| EOY | $128,373,354 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $9,986,930 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $5,598,660 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $376,794 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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 |
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) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $46,500 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $46,500 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
| Form4720 Filed4912 Tax | false | Form4720Filed4912TaxInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part II-B | FormAndLineReferenceDesc |
| Explanation | DURING 2020-21, THE UNIVERSITY UTILIZED THE SERVICES OF THE PUBLIC STRATEGIES FIRMS OF CONLON & DUNN AND CHRISTOPHER DUNN & ASSOCIATES, TO ASSIST IN ARRANGING MEETINGS WITH VARIOUS LEGISLATORS IN THE STATE OF ILLINOIS FOR THE PURPOSE OF INFORMING SUCH LEGISLATORS ABOUT PROPOSED EDUCATION LEGISLATION FOR WHICH THE UNIVERSITY INCURRED $46,500. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $34,585,380 | BeginningYearBalanceAmt |
| Contributions | $3,607,481 | ContributionsAmt |
| Investment Earnings Or Losses | $7,974,369 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,267,936 | GrantsOrScholarshipsAmt |
| End Year Balance | $44,899,294 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,099,479 | BeginningYearBalanceAmt |
| Contributions | $48,420 | ContributionsAmt |
| Investment Earnings Or Losses | $116,821 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,679,340 | GrantsOrScholarshipsAmt |
| End Year Balance | $34,585,380 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,458,085 | BeginningYearBalanceAmt |
| Contributions | $21,739 | ContributionsAmt |
| Investment Earnings Or Losses | $1,381,839 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,762,184 | GrantsOrScholarshipsAmt |
| End Year Balance | $36,099,479 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $36,561,402 | BeginningYearBalanceAmt |
| Contributions | $35,078 | ContributionsAmt |
| Investment Earnings Or Losses | $1,828,073 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,966,468 | GrantsOrScholarshipsAmt |
| End Year Balance | $36,458,085 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $31,506,613 | BeginningYearBalanceAmt |
| Contributions | $2,559,371 | ContributionsAmt |
| Investment Earnings Or Losses | $3,194,104 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $698,686 | GrantsOrScholarshipsAmt |
| End Year Balance | $36,561,402 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.61000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.39000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,598,774 | OtherCostOrOtherBasisAmt |
| Book Value | $1,598,774 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,148,830 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,307,278 | DepreciationAmt |
| Book Value | $48,841,552 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,731,582 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,290,854 | DepreciationAmt |
| Book Value | $440,728 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,602,934 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,364,905 | DepreciationAmt |
| Book Value | $2,238,029 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,160,087 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,230,289 | DepreciationAmt |
| Book Value | $2,929,798 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $56,048,881 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVANCE FROM GOVERNMENT - PERK | Desc |
| Amt | $858,408 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $858,408 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $119,585,605 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $5,598,660 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $623,007 | OtherRevenueAmt |
| Revenue Not Reported | $6,221,667 | RevenueNotReportedAmt |
| Revenue Subtotal | $113,363,938 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $141,372 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $5,579,936 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $5,721,308 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $119,085,246 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $104,000,015 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $623,007 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $623,007 | ExpensesNotReportedAmt |
| Expenses Subtotal | $103,377,008 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $141,372 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $5,579,936 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $5,721,308 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $109,098,316 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 1G | OF THE $44,899,294 ENDING ENDOWMENT FUND BALANCE AT JUNE 30, 2021, $27,461,122 OF THIS AMOUNT IS UNRESTRICTED QUASI-ENDOWMENT. SCHEDULE D, PART V, LINE 4 THE UNIVERSITY'S ENDOWMENT ASSETS INCLUDE ASSETS THAT ARE CHARACTERIZED AS PERMANENTLY RESTRICTED AND QUASI-ENDOWMENT. SPENDING OF INCOME FROM THE PERMANENTLY RESTRICTED ENDOWMENT IS RESTRICTED TO THOSE DESIGNATIONS AS PROVIDED BY THE DONOR OF THE PERMANENTLY RESTRICTED FUNDS. SPENDING OF INCOME FROM THE QUASI-ENDOWMENT IS DESIGNATED BY THE UNIVERSITY'S BOARD OF TRUSTEES AND HELPS TO FUND THE OPERATIONS OF THE UNIVERSITY. SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. |
| SCHEDULE D, PART XI & XII, LINE 2D | EXPENSES OF $623,007 RELATED TO THE UNIVERSITY'S RENTAL INCOME WERE INCLUDED IN THE EXPENSE SECTION OF THE UNIVERSITY'S STATEMENT OF ACTIVITIES. |
| SCHEDULE D, PART XI & XII, LINE 4B | STUDENT SCHOLARSHIPS OF $5,579,936 WAS INCLUDED IN THE INCOME SECTION OF THE UNIVERSITY'S STATEMENT OF ACTIVITIES. |
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 | THE UNIVERSITY CUSTOMARILY DRAWS THE MAJORITY OF ITS STUDENTS FROM THE LOCAL COMMUNITIES IT SERVES AND IT FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS WHICH IS INCLUDED IN THE UNIVERSITY'S CATALOG AND ADMISSION AND APPLICATION INFORMATION. FURTHER, THE UNIVERSITY'S PROMOTION ACTIVITIES AND RECRUITING EFFORTS ARE REASONBLY DESIGNED TO INFORM STUDENTS OF ALL RACIAL SEGMENTS OF THE PROGRAMS, IT HAS AVAILABLE. |
| SCHEDULE E, PART I, LINE 6A | THE UNIVERSITY PARTICIPATES IN STUDENT AID PROGRAMS PROVIDED BY THE FEDERAL GOVERNMENT. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | false | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| CENTRAL AMERICA/CARIBBEAN | Program Services | CONTRIBUTION REVENUE | $1,021 |
| SOUTH AMERICA | Program Services | CONTRIBUTION REVENUE | $685 |
| EAST ASIA AND THE PACIFIC | Program Services | CONTRIBUTION REVENUE | $1,388 |
| NORTH AMERICA | Program Services | CONTRIBUTION REVENUE | $20,281 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $23,375 | SubtotalSpentAmt |
| Total Spent | $23,375 | TotalSpentAmt |
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F | FormAndLineReferenceDesc |
| Explanation | DURING FISCAL YEAR 2021, THE UNIVERSITY RECEIVED CONSIDERATION TOTALING $459,051 FROM HIGHER EDUCATION INSTITUTIONS IN MEXICO, CHILE, PANAMA AND MALAYSIA UNDER AGREEMENTS WHEREBY EACH INSTITUTION UTILIZED CERTAIN CULINARY CURRICULUM OF THE UNIVERSITY AND THE UNIVERSITY PROVIDED CERTAIN OVERSIGHT OVER THE CULINARY INSTRUCTION AT EACH INSTITUTION. IN CONNECTION WITH SUCH AGREEMENTS, THE UNIVERSITY INCURRED PERSONNEL AND TRAVEL EXPENSES BY CERTAIN MEMEBERS OF ITS CULINARY FACULTY TO VALIDATE THE APPROPRIATE UTILIZATION OF SUCH CURRICULUM. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 2389 | RecipientCnt |
| Cash Grant | $5,579,936 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I | FormAndLineReferenceDesc |
| Explanation | Each fiscal year the president's leadership team determines the amount of scholarships and discounts for the year. Awards are based on different criteria and are tracked within the approved budget. Student aid is handled by the student finance office and credited directly to the student's account. Each student applies for SCHOLARSHIPS by filling out the free application for federal student aid (FAFSA). The award is based on information provided in this application. Students can also apply for grants and scholarship based on eligibility. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 | Bonus Filing OrganizationBonusFilingOrganizationAmount | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|---|---|
| NIVINE MEGAHED | ||||||
| PRESIDENT | $448,432 | $50,000 | $22,605 | $117,772 | $29,352 | $668,161 |
| SAIB OTHMAN | ||||||
| RPVOST | $218,309 | $22,000 | $138 | $12,375 | $28,446 | $281,268 |
| CAROLE WOOD | ||||||
| VP, ADVANCEMENT | $201,966 | $20,000 | $90 | $12,100 | $291 | $234,447 |
| AARTI DHUPELIA | ||||||
| VP, UNDERGRADUATE EDUCATION | $197,343 | $20,000 | $1,776 | $36,986 | $12,089 | $268,194 |
| ROBERT MULLER | ||||||
| DEAN, NATIONAL COLEEGE OF EDU. | $199,358 | $18,000 | $396 | $12,342 | $17,190 | $247,286 |
| RICHARD YACONIS | ||||||
| VP, ENROLLMENT AND MARKETING | $183,204 | $19,000 | $396 | $11,470 | $29,699 | $243,769 |
| MICHAEL GRAHAM | ||||||
| VP, CHIEF INFORMATION OFFICER | $179,870 | $18,000 | $461 | $10,955 | $13,576 | $222,862 |
| THOMAS BERGMANN | ||||||
| VP, HUMAN RESOURCES | $176,234 | $16,000 | $258 | $10,828 | $17,034 | $220,354 |
| MARTY MICKEY | ||||||
| TREASURER AND VP, FINANCE | $170,197 | $20,000 | $258 | $36,070 | $42,126 | $268,651 |
| IGNACIO LOPEZ | ||||||
| DEAN, SCHOOL OF BUSINESS & IT | $158,190 | $12,000 | $60 | $9,067 | $26,663 | $205,980 |
| MICHAEL CARR | ||||||
| DEPUTY PROVOST | $145,059 | $13,000 | $138 | $9,217 | $31,195 | $198,609 |
| STEPHEN NEER | ||||||
| VICE PROVOST ADVIS & UN. REG. | $142,487 | $14,000 | $90 | $8,470 | $19,164 | $184,211 |
| JOHN MAZARIEGOS | ||||||
| ASSOC VP OF INFORMATION TECH | $141,967 | $3,000 | $60 | $7,995 | $26,663 | $179,685 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | THE UNIVERSITY HAS A MEMBERSHIP IN A LOCAL SOCIAL CLUB THAT IS IN THE PRESIDENT'S NAME WHICH IS FOR THE PURPOSE OF HELPING PROMOTE AND CONDUCT BUSINESS ON BEHALF OF THE UNIVERSITY. THE SOCIAL CLUB MEMBERSHIP IS USED 100 PERCENT FOR BUSINESS AND THE PRESIDENT USES THE ACCOUNTABLE PLAN RULES FOR DOCUMENTING THE BUSINESS USE. |
| SCHEDULE J, PART I, LINE 4B | THE UNIVERSITY CURRENTLY HAS A 457(F) DEFERRED COMPENSATION PLAN IN PLACE WITH THE UNIVERSITY'S PRESIDENT WHEREBY THE UNIVERSITY MAKES AN ANNUAL CONTRIBUTION INTO THE PLAN WHERE THE FUNDS ARE INVESTED IN ACCORDANCE WITH THE PLAN GUIDELINES. FOR CALENDAR YEAR 2020, THE UNIVERSITY CONTRIBUTED $100,000 INTO THE PLAN. $100,000 OF DEFERRED COMPENSATION IS REPORTED IN SCHEDULE J PART II COLUMN C. THE PLAN CURRENTLY PROVIDES THAT IF THE UNIVERSITY PRESIDENT REMAINS EMPLOYED BY THE UNIVERSITY FOR THREE YEARS AND ACHIEVES CERTAIN OBJECTIVES, THE BALANCE IN THE PLAN AT THE END OF SUCH THREE YEAR PERIOD VESTS AND IS PAID TO THE UNIVERSITY PRESIDENT AT THAT TIME. THERE WERE NO DISTRIBUTIONS FROM THE PLAN IN THE FISCAL YEAR ENDING 6/30/2021. SCHEDULE J, PART I, LINE 4B TO RETAIN TALENT WITHIN THE UNIVERSITY'S EXECUTIVE TEAM, THE BOARD OF TRUSTEES APPROVES RETENTION CONTRACTS FOR CERTAIN OFFICERS. THE CONTRACTS STATE IF THE OFFICER MEETS AGREED UPON OBJECTIVES AND IS STILL WORKING WITH THE UNIVERSITY AT THE END OF A THREE YEAR PERIOD, A RETENTION BONUS IS PAID. IN JULY 2019, RETENTION CONTRACTS WERE APPROVED FOR AARTI DHUPELIA AND MARTY MICKEY FOR THE UPCOMING THREE-YEAR PERIOD. IN CONNECTION THEREWITH, THESE OFFICERS WILL EARN $75,000 AT THE END OF THE THREE YEAR PERIOD (JUNE 30, 2022), IF THEY ACHIEVE THE OBJECTIVES UNDER THE PLAN. $25,000 OF DEFERRED COMPENSATION IS REPORTED IN SCHEDULE J PART II COLUMN C FOR THESE EMPLOYEES. |
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 |
| Bond Issued | 2019-05-07 | BondIssuedDt |
| Issue Price | $26,500,000 | IssuePriceAmt |
| Purpose | SEE PART VI | 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 | $2,120,000 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $26,500,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $125,000 | CapitalizedInterestAmt |
| Refunding Escrow | $17,624,383 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $301,331 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $8,449,286 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| 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 | PrivateBusUseByOthersPct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| 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 | Yes (true) | RebateNotDueYetInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | PART I, LINE F | FormAndLineReferenceDesc |
| Explanation | THE BONDS ISSUED ON MAY 7, 2019 WERE USED TO (I) REFUND ALL OF THE THEN OUTSTANDING BONDS FROM THE ILLINOIS EDUCATIONAL FACILITIES AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS, NATIONAL LOUIS UNIVERSITY SERIES 1999A&B (THE SERIES 1999 BONDS); (II)FINANCE, REFINANCE AND REIMBURSE CERTAIN COSTS OF THE CONSTRUCTION AND EQUIPPING OF THE UNIVERSITY'S EDUCATIONAL FACILITIES AT 18 S. MICHIGAN, CHICAGO, ILLINOIS; AND PAY CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE ILLINOIS FINANCE AUTHORITY $26,500,000 SERIES 2019 BONDS AND THE REFUNDING OF THE SERIES 1999 BONDS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE PREPARATION AND REVIEW PROCESS FOLLOWED BY THE UNIVERSITY WITH RESPECT TO THE FORM 990 IS AS FOLLOWS: THE 990 INFORMATION IS PREPARED BY THE UNIVERSITY'S ACCOUNTING DEPARTMENT AND THEN THE 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. A DRAFT COPY IS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR REVIEW AND COMMENT PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY UNDER WHICH THE UNIVERSITY'S TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE PRESIDENT'S OFFICE ANY CONFLICTS OF INTEREST THAT THEY MAY HAVE WITH THE UNIVERSITY. IF A CONFLICT OF INTEREST WAS DISCLOSED, THE PERSON WITH THE CONFLICT WOULD RECUSE THEMSELVES FROM ANY DISCUSSION REGARDING THE PERTINENT ITEM. |
| FORM 990, PART VI, SECTION B, LINE 15A & 15B | THE UNIVERSITY'S BOARD OF TRUSTEES HAS AN EXECUTIVE COMMITTEE WHO HAS THE RESPONSIBILITY AND AUTHORITY TO REVIEW AND APPROVE ALL CURRENT AND FUTURE COMPENSATION MATTERS FOR THE UNIVERSITY'S PRESIDENT, INCLUDING BUT NOT LIMITED TO BASE PAY, BONUS OR INCENTIVE PAY, DEFERRED COMPENSATION AND FRINGE BENEFITS. THE BOARD SETS COMPENSATION GUIDELINES FOR VICE PRESIDENTS AND DEANS AND REGULARLY REVIEWS UPDATED COMPENSATION RANGES AND VICE PRESIDENT AND DEAN SALARIES. THE COMPENSATION REVIEW WAS PERFORMED BY THE BOARD OF TRUSTEES DURING ITS 2020 AUGUST EXECUTIVE COMMITTEE BOARD MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | NATIONAL LOUIS UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENTS AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24B THE UNIVERSITY PAID THE LANDLORD FOR ITS SKOKIE LEASE $1,175,000 TO AVOID THE RESPONSIBILITY TO PERFORM ANY RESTORATION WORK ON THE LEASED PREMISES PRIOR TO THE LEASE EXPIRATION AS WAS REQUIRED BY THE LEASE AGREEMENT. THE UNIVERSITY MOVED OUT OF THE SPACE COVERED BY THE LEASE IN MARCH 2021. ALL COSTS AND EXPENSES PERTAINING TO THIS LEASE HAVE BEEN RECORDED IN THE 2021 FINANCIAL STATEMENTS AS THE UNIVERSITY HAD VACATED THE LEASED SPACE PRIOR TO JUNE 30, 2021, AND WAS NO LONGER RECEIVING ANY BENEFIT FROM IT. |
| FORM 990, PART XI, LINE 9 | CHANGE IN INTEREST RATE SWAP $376,794 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUST (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | CRT | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NLU | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | TRUST | EntityTypeTxt |
| Controlled Organization | false | 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 | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 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 | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |