2022-05-13T14:39:26-05:00 2021-06-30 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CTR 700 WESTCHESTER IL 60154 990 2020-07-01 362600769 ASSOCIATED COLLEGES OF THE MIDWEST ASSO 3122635000 180 N MICHIGAN AVE NO 2020 CHICAGO IL 60601 SONYA MALUNDA PRESIDENT 3122635000 2022-05-13 1 SONYA MALUNDA 999009999 ROSE DOHERTY P00653989 3123680500 2022-05-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z SONYA MALUNDA 180 N MICHIGAN AVE NO 2020 CHICAGO IL 60601 2660882 0 X ACM.EDU X 1963 IL THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM), A CONSORTIUM OF RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION AND STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES AND PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING, PROMOTE EQUITY AND INCLUSION AND CELEBRATE INDIVIDUAL AND COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY AND PRACTICE, AMPLIFY THE EXPERISE OF FACULTY, STUDENTS, AND STAFF, AND CULTIVATE AN OPEN ENVIRONMENT FOR INNOVATION AND EXCHANGE. 14 14 12 14 0 0 347508 7189 1276936 620166 316199 1032217 0 0 1940643 1659572 1107050 959832 0 0 1489093 1086048 0 0 0 1552228 495871 4148371 2541751 -2207728 -882179 15602112 17994462 219377 625112 15382735 17369350 X THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM), A CONSORTIUM OF RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION AND STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES AND PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING, PROMOTE EQUITY AND INCLUSION AND CELEBRATE INDIVIDUAL AND COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY AND PRACTICE, AMPLIFY THE EXPERISE OF FACULTY, STUDENTS, AND STAFF, AND CULTIVATE AN OPEN ENVIRONMENT FOR INNOVATION AND EXCHANGE. 0 1 33029 620166 ACM OPERATES CONSORTIAL PROGRAMS FOR THE BENEFIT ON THE MEMBER COLLEGES. 1281311 959832 ACM OPERATES FACULTY DEVELOPMENT PROGRAMS PROMOTING EXCELLENCE IN TEACHING AND LEARNING. 13659 ACM OPERATES DOMESTIC OFF-CAMPUS STUDY PROGRAMS. 1327999 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X CARRIE CONZELMAN 3122635000 180 N MICHIGAN AVE SUITE 2020 CHICAGO IL 60601 TERESA AMOTT CHAIR 4.00 X X 0 0 0 JONATHAN BRAND PAST CHAIR 4.00 X X 0 0 0 ZACH MESSITTE VICE CHAIR 4.00 X X 0 0 0 MARK BURSTEIN SECRETARY/TREASURER 4.00 X X 0 0 0 SCOTT BIERMAN DIRECTOR 4.00 X 0 0 0 STEVEN POSKANZER DIRECTOR 4.00 X 0 0 0 DAVID HAYES DIRECTOR 4.00 X 0 0 0 MIKE EDMONDS DIRECTOR 4.00 X 0 0 0 ANNE HARRIS DIRECTOR 4.00 X 0 0 0 STEPHEN SCHUTT DIRECTOR 4.00 X 0 0 0 JENIFER WARD DIRECTOR 4.00 X 0 0 0 SUZANNE RIVERA DIRECTOR 4.00 X 0 0 0 CLARENCE WYATT DIRECTOR 4.00 X 0 0 0 DAVID ANDERSON DIRECTOR 4.00 X 0 0 0 DAVID MCINALLY DIRECTOR - PAST 4.00 X 0 0 0 SONYA MALUNDA PRESIDENT 35.00 X 270951 0 51455 BRIAN WILLIAMS VICE PRESIDENT 35.00 X 143083 0 14260 CARRIE CONZELMAN INTERIM VP FOR FINANCE 35.00 X 94403 0 7000 ELIZABETH HUTULA CHIEF OF STAFF 35.00 X 105069 0 17372 613506 0 90087 3 0 1 0 0 7189 7189 MEMBER COLLEGE ASSESSMENTS 611710 595000 595000 CONSORTIAL PROGRAMS 611710 25166 25166 620166 239325 239325 1794202 1001310 792892 792892 792892 1659572 620166 0 1032217 954857 954857 4975 4975 423401 423401 454640 81458 373182 76549 7882 68667 73604 5801 67803 57854 6243 51611 867 867 16950 16950 5454 57 5397 169585 169585 2234 95 2139 102718 8512 94206 61064 60316 748 18350 18350 98729 9868 88861 19920 19920 2541751 1327999 1213752 0 X 1091339 1446075 30631 41413 46674 48401 987226 740262 328668 246964 12897299 15796611 1207501 414998 15602112 17994462 76381 100036 45483 3500 403265 97513 118311 219377 625112 X 8913691 12150225 6469044 5219125 15382735 17369350 15602112 17994462 -882179 2868794 0 X 0 1 X 1 0 X X 14 BELOIT COLLEGE 390808497 2 0 0 0 CARLETON COLLEGE 410694747 2 0 0 0 COE COLLEGE 420686467 2 0 0 0 COLORADO COLLEGE 840402510 2 0 0 0 CORNELL COLLEGE 420680335 2 0 0 0 GRINNELL COLLEGE 420680387 2 0 0 0 KNOX COLLEGE 370673513 2 0 0 0 LAKE FOREST COLLEGE 362167770 2 0 0 0 LAWRENCE UNIVERSITY 390606297 2 0 0 0 LUTHER COLLEGE 420680466 2 0 0 0 MACALESTER COLLEGE 410693962 2 0 0 0 MONMOUTH COLLEGE 370661228 2 0 0 0 RIPON COLLEGE 390826049 2 0 0 0 ST OLAF COLLEGE 410693979 2 0 0 0 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 1: SUPPORTED ORGANIZATIONS ARE CURRENT MEMBERS OF THE CONSORTIUM. SUPPORTED ORGANIZATIONS WERE DESIGNATED IN ACM'S ARTICLES OF ASSOCIATION AND ADDITIONAL SUPPORTED ORGANIZATIONS HAVE BEEN ADDED OVER TIME. 10867787 3269404 468773 13668418 10688330 635464 456007 10867787 10254559 865931 432160 10688330 9679156 985736 410333 10254559 8907408 1162708 390960 9679156 0.78000 0.22000 0 0 123007 123007 0 268125 230252 37873 457393 368804 88589 138701 18199 120502 246964 DEFERRED RENT 118311 118311 X 4528366 2868794 2868794 1659572 0 1659572 2541751 0 2541751 0 2541751 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND GRANTS BASED ON THE REQUIREMENTS OF EACH GRANT AS WELL AS A SOURCE OF INCOME FOR THE ORGANIZATION. PART X, LINE 2: ACM IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THUS IS GENERALLY NOT SUBJECT TO TAX. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ACM IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE ACM TO EVALUATE TAX POSITIONS TAKEN BY ACM AND RECOGNIZE A TAX LIABILITY IF ACM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. ACM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 BELOIT COLLEGE 700 COLLEGE ST BELOIT WI 53511 390808497 501(C)(3) 4700 N/A N/A FACULTY DEVELOPMENT CARLETON COLLEGE 1 N COLLEGE ST NORTHFIELD MN 55057 410694747 501(C)(3) 15900 N/A N/A FACULTY DEVELOPMENT COE COLLEGE 1220 1ST ST NE CEDAR RAPIDS IA 52402 396787527 501(C)(3) 158465 N/A N/A FACULTY DEVELOPMENT COLORADO COLLEGE 14 E CASHE LA POUDRE ST COLORADO SPRINGS CO 80903 840402510 501(C)(3) 86261 N/A N/A FACULTY DEVELOPMENT CORNELL COLLEGE 600 1ST ST MT VERNON IA 52314 420680335 501(C)(3) 144315 N/A N/A FACULTY DEVELOPMENT GRINNELL COLLEGE 1115 8TH AVE GRINNELL IA 50112 420680387 501(C)(3) 69611 N/A N/A FACULTY DEVELOPMENT KNOX COLLEGE 2 E SOUTH ST GALESBURG IL 61401 370673513 501(C)(3) 85511 N/A N/A FACULTY DEVELOPMENT LAKE FOREST COLLEGE 555 N SHERIDAN RD LAKE FOREST IL 60045 362167770 501(C)(3) 84761 N/A N/A FACULTY DEVELOPMENT LAWRENCE UNIVERSITY 711 E BOLDT APPLETON WI 54911 390806297 501(C)(3) 87361 N/A N/A FACULTY DEVELOPMENT LUTHER COLLEGE 700 COLLEGE DR DECORAH IA 52101 420680466 501(C)(3) 14050 N/A N/A FACULTY DEVELOPMENT MACALESTER COLLEGE 1600 GRAND AVE ST PAUL MN 55105 410693962 501(C)(3) 91111 N/A N/A FACULTY DEVELOPMENT MONMOUTH COLLEGE 700 E BROADWAY MONMOUTH IL 61462 370661228 501(C)(3) 10300 N/A N/A FACULTY DEVELOPMENT RIPON COLLEGE 300 SEWARD ST RIPON WI 54971 390826049 501(C)(3) 15150 N/A N/A FACULTY DEVELOPMENT ST OLAF COLLEGE 1520 ST OLAF NORTHFIELD MN 55057 410693979 501(C)(3) 87361 N/A N/A FACULTY DEVELOPMENT 14 0 FACULTY DEVELOPMENT FUNDS AND STIPENDS 9 4975 N/A N/A PART I, LINE 2: FACULTY DEVELOPMENT FUNDS AND STIPENDS ARE AWARDED IN A COMPETITIVE PROCESS WITH FACULTY PROPOSING VARIOUS PROJECTS AND COLLABORATIVE ACTIVITIES. RECIPIENTS REPORT BACK TO VARIOUS AWARDING COMMITTEES THE ACTUAL SPENDING, SENDING DOCUMENTATION WITH RECEIPTS, AND WRITE PROGRESS TOWARDS GOALS AND OBJECTIVES THAT WERE SET UPON AWARD OF THE FUNDS. THESE REPORTS ARE REVIEWED BY THE APPROPRIATE COMMITTE FOR THE SATISFACTORY PROGRESS TOWARD GOALS AND OBJECTIVES. X 0 0 0 0 0 0 0 0 0 SONYA MALUNDA PRESIDENT 270951 0 0 0 0 0 27063 0 24392 0 322406 0 0 0 BRIAN WILLIAMS VICE PRESIDENT 143083 0 0 0 0 0 13709 0 551 0 157343 0 0 0 FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC, ACM DID SUSPEND THE OFF CAMPUS PROGRAMS IT GENERALLY RUNS. WE ANTICIPATE RUNNING THESE PROGRAMS AGAIN BEGINNING IN THE FALL SEMESTER OF 2022. FORM 990, PART VI, SECTION B, LINE 11B 990S ARE REVIEWED ANNUALLY BY MANAGEMENT AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTERESTS ARE DISCLOSED ANNUALLY BY STAFF AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FINANCIAL STATEMETNS ARE AVAILABLE UPON REQUEST OR THROUGH GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST AND GOVERNANCE POLICIES ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 11 AND 12: THE BEGINNING OF YEAR INVESTMENT AMOUNTS HAVE BEEN ADJUSTED TO ACCURATELY REFLECT INVESTMENTS HELD. FORM 990, SCHEDULE D, PART V, LINE 1: THE PRIOR YEAR ENDOWMENT FUND INFORMATION HAS BEEN ADJUSTED TO ACCURATELY REFLECT THE ENDOWMENT FUND ACTIVITY.