2022-01-10T10:02:16-06:00 2021-05-31 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2020-06-01 362252360 Associated Colleges of Illinois Inc ASSO 3122632391 70 E Lake Street No 1418 Chicago IL 60601 Mitchell Weltman Executive Director 3122632391 2022-01-10 1 Mitchell Weltman 999009999 Jason L Gierhahn P02385275 7737794720 2022-01-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Mitchell Weltman 70 E Lake Street No 1418 Chicago IL 60601 1901076 0 X acifund.org X 1952 IL Associated Colleges of Illinois supports member colleges and universities. 36 36 6 70 0 0 680425 583868 690140 622990 66939 134244 17349 -1508 1454853 1339594 618500 605440 0 0 442315 471295 0 0 291225 407574 359902 1468389 1436637 -13536 -97043 1728414 1379579 710552 491538 1017862 888041 X Associated Colleges of Illinois supports member colleges and universities by advancing independent liberal arts and sciences education and helping under-served students succeed in college, career and life. Associated Colleges of Illinois (continued on Schedule O) has supported numerous independent colleges and universities with a liberal arts tradition in Illinois for 65 years and has benefited thousands of under-served students in the process. 0 0 784560 563440 629042 Grants and services to member colleges and universities 145287 42000 Peer Mentoring 929847 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 36 36 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Tom Rubey 3122632391 70 E Lake Street Suite 1418 Chicago IL 60601 Lyn Bullman Chair 1.00 X X 0 0 0 Jamel Wright President 1.00 X X 0 0 0 Angela T Allen Secretary/Treasurer 1.00 X X 0 0 0 Justin Lee Allen Trustee 1.00 X 0 0 0 Jim Applegate Trustee 1.00 X 0 0 0 Ellen Babbitt Trustee 1.00 X 0 0 0 Don Campbell Trustee 1.00 X 0 0 0 Frank Cella Trustee 1.00 X 0 0 0 Liz Cook Trustee 1.00 X 0 0 0 Bob DiMeo Trustee 1.00 X 0 0 0 Bob Dow Trustee 1.00 X 0 0 0 Clif Fenton Trustee 1.00 X 0 0 0 Demetrio Garcia Trustee 1.00 X 0 0 0 Nicole Johnson Trustee 1.00 X 0 0 0 Rob Johnson Trustee 1.00 X 0 0 0 Kelly Kirkman Trustee 1.00 X 0 0 0 Ray Krouse Trustee 1.00 X 0 0 0 Adam Lieb Trustee 1.00 X 0 0 0 Tony LoBello Trustee 1.00 X 0 0 0 Kim Marshall Trustee 1.00 X 0 0 0 Barry Mastin Jr Trustee 1.00 X 0 0 0 Brad Mease Trustee 1.00 X 0 0 0 Jerry Murphy Trustee 1.00 X 0 0 0 Debbie Osgood Trustee 1.00 X 0 0 0 Chole Overstreet Trustee 1.00 X 0 0 0 Joe Perkoski Trustee 1.00 X 0 0 0 Bill Powell Trustee 1.00 X 0 0 0 Brian Powers Trustee 1.00 X 0 0 0 Leslie Sawyer Trustee 1.00 X 0 0 0 Nick Simpson Trustee 1.00 X 0 0 0 Brad Summers Trustee 1.00 X 0 0 0 Paul Szeliski Trustee 1.00 X 0 0 0 Mark Vargas Trustee 1.00 X 0 0 0 Leah Wallace Trustee 1.00 X 0 0 0 Vince Williams Trustee 1.00 X 0 0 0 Angie Winschel Trustee 1.00 X 0 0 0 Steve Bahls Trustee 1.00 X 0 0 0 Becky Sherrick Trustee 1.00 X 0 0 0 Charles Gregory Trustee 1.00 X 0 0 0 Mark Biermann Trustee 1.00 X 0 0 0 Russell Dawn Trustee 1.00 X 0 0 0 Glena Temple Trustee 1.00 X 0 0 0 Troy VanAken Trustee 1.00 X 0 0 0 Jamel SC Wright Trustee 1.00 X 0 0 0 Barbara Farley Trustee 1.00 X 0 0 0 Georgia Nugent Trustee 1.00 X 0 0 0 Gene C Crume Trustee 1.00 X 0 0 0 C Andrew McGadney Trustee 1.00 X 0 0 0 Dave Livingston Trustee 1.00 X 0 0 0 Daniel Dobbins Trustee 1.00 X 0 0 0 Jim Reynolds Trustee 1.00 X 0 0 0 Clarence Wyatt Trustee 1.00 X 0 0 0 Troy Hammond Trustee 1.00 X 0 0 0 Mary Surridge Trustee 1.00 X 0 0 0 Gregg Chenoweth Trustee 1.00 X 0 0 0 John Williams Trustee 1.00 X 0 0 0 Brian McGee Trustee 1.00 X 0 0 0 Eric Fulcomer Trustee 1.00 X 0 0 0 Laurie M Joyner Trustee 1.00 X 0 0 0 Kurt Dykstra Trustee 1.00 X 0 0 0 Arvid Johnson Trustee 1.00 X 0 0 0 Phil G Ryken Trustee 1.00 X 0 0 0 Mitchell G Weltman Executive Director 40.00 X 137796 0 0 137796 0 0 1 0 0 0 0 17500 61175 505193 583868 Member and college ass 611710 572490 572490 Corporate partnerships 611710 50500 50500 622990 6787 6787 681179 553722 127457 127457 127457 200 17500 7760 -7560 -7560 Other 900099 6052 6052 6052 1339594 629042 0 126684 X 605440 605440 142656 28531 49930 64195 287995 138778 27955 121262 8309 3161 1561 3587 32335 12133 6431 13771 9550 9550 4500 4500 193051 55794 80333 56924 18026 2667 10791 4568 29054 11133 5493 12428 53 31 22 2562 450 1738 374 2022 2022 13968 3496 6569 3903 Project supplies 48349 48349 Membership dues & subsc 26478 17036 2431 7011 Repairs & maintenance 8738 2815 2780 3143 Miscellaneous 3551 33 3481 37 1436637 929847 215565 291225 208116 572050 8503 5169 177000 18000 11607 12221 13728 10192 4331 3536 1318857 768603 1728414 1379579 188052 27598 445000 451440 12500 77500 0 710552 491538 X 429783 285018 588079 603023 1017862 888041 1728414 1379579 -97043 -32778 0 X X 0 1 X 1 0 X 615107 540802 574965 680425 583868 2995167 596972 644600 675805 690647 629042 3237066 29731 52308 46524 19342 200 148105 1241810 1237710 1297294 1390414 1213110 6380338 0 259626 282428 279525 267966 255316 1344861 259626 282428 279525 267966 255316 1344861 5035477 14923 27558 28973 25482 6787 103723 14923 27558 28973 25482 6787 103723 1256733 1265268 1326267 1415896 1219897 6484061 0.77660 0.76900 0.01600 0.01850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 417558 110603 9978 518183 375890 51301 9633 417558 374796 10662 9568 375890 357212 27182 9598 374796 330302 38254 11344 357212 0 0 13728 10192 3536 3536 X 1302316 -32778 -32778 1335094 4500 4500 1339594 1432137 0 1432137 4500 4500 1436637 Part V, Line 4: Net assets perpetual in nature are exclusively comprised of donor-restricted endowment funds representing investments in perpetuity. The perpetual in nature amount has been stipulated by the donor and is subject to change from time to time. This Fund's investment income is expendable to support minority leadership through scholarships under the Illinois Partnership for Minority Achievement Program. Contributions received from the donor, over and above the permanently restricted amount are also recorded as temporarily restricted until expended towards scholarship payments. Part X, Line 2: FIN 48 Note from Audited Financial Statements The Association was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Association qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Association and the nature in which it operates is described in the first paragraph of Note 1. The Association continues to operate in compliance with its tax-exempt purpose. The Association's annual information returns filed with the federal and state governments are subject to examination generally for three years after they have been filed. Virtual Reception 17700 17500 200 7760 17700 17500 200 7760 7760 -7560 1 Augustana College 539 Thirty Eighth Street Rock Island IL 61201 362166962 501(c)(3) 24900 Educational Activities Benedictine University 5700 College Road Lisle IL 60532 362722198 501(c)(3) 22500 Educational Activities Blackburn College 700 College Avenue 1 Carlinville IL 62626 370661491 501(c)(3) 20400 Educational Activities Concordia University 7400 Augusta River Forest IL 60305 362191242 501(c)(3) 29500 Educational Activities Dominican University 7900 Division Street River Forest IL 60305 362167855 501(c)(3) 29150 Educational Activities Elmhurst College 190 Prospect Street Elmhurst IL 60126 362169145 501(c)(3) 22500 Educational Activities Eureka College 300 College Avenue Eureka IL 61530 370667484 501(c)(3) 23570 Educational Activities Greenville University 315 East College Avenue Greenville IL 62246 370681530 501(c)(3) Educational Activities Illinois College 1101 W College Avenue Jacksonville IL 62650 370661211 501(c)(3) 23420 Educational Activities Knox College 2 East Sootuh Street Galesburg IL 61401 370673513 501(c)(3) 22500 Educational Activities Judson University 1151 N State Street Elgin IL 60123 362515868 501(c)(3) 22500 Educational Activities Lewis University One University Parkway Romeoville IL 60446 362167773 501(c)(3) 22500 Educational Activities McKendree College 701 College Road Lebanon IL 62254 370661219 501(c)(3) 22500 Educational Activities Millikin University 1184 W Main Street Decatur IL 62522 370706154 501(c)(3) 21400 Educational Activities Monmouth College 700 East Broadway Monmouth IL 61462 370661228 501(c)(3) 24900 Educational Activities North Central College 30 N Brainard Street Naperville IL 60540 362169157 501(c)(3) 24900 Educational Activities North Park University 3225 West Foster Avenue Chicago IL 60625 361557840 501(c)(3) 22500 Educational Activities Olivet Nazarene University One University Avenue Kankakee IL 60901 362191252 501(c)(3) 22500 Educational Activities Principia College 1 Maybecck Place Elsah IL 62028 430652667 501(c)(3) 18000 Educational Activities Quincy University 1800 College Drive Quincy IL 62301 370661231 501(c)(3) 21400 Educational Activities Rockford University 5050 East State Street Rockford IL 61108 362167842 501(c)(3) 24900 Educational Activities Trinity Christian College 5601 West College Drive Palso Park IL 60463 362387148 501(c)(3) 22500 Educational Activities University of St Francis 500 Wilcox Street Joliet IL 60435 362170999 501(c)(3) 22500 Educational Activities Wheaton College 501 College Avenue Wheaton IL 60187 362182171 501(c)(3) 24500 Educational Activities St Xavier University 3700 W 103rd Street Chicago IL 60655 362177133 501(c)(3) 22500 Educational Activities Illinois Wesleyan Univeristy PO Box 2900 Bloomington IL 61702 370662594 501(c)(3) 24500 Educational Activities St Augustine College 1345 W Argyle Street Chicago IL 60640 363108821 501(c)(3) Educational Activities Aurora University 347 S Gladstone Avenue Aurora IL 60506 362166964 501(c)(3) 22500 Educational Activities Part I, Line 2: Associated Colleges of Illinois, Inc. follows strict grantmaking eligibility and distribution guidelines as described in the Organization's bylaws. All grants are documented in the Organization's accounting system. Form 990, Part VI, Section B, line 11b The Form 990 was reviewed by the Executive Director, accounting consultants, and Board Treasurer. The Form 990 was sent to the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c The Organization requires that each Board Member sign a Conflict of Interest Policy in acknowledgement of receipt and understanding of the policy. The policy is delivered to each Board Member electronically on an annual basis. In addition, at each meeting where voting occurs, the Chair reminds the Members that anyone with a personal interest in proposed resolution refrain from voting. Form 990, Part VI, Section B, line 15 Data for determining compensation is compiled by an independent compensation consultant. Data from the Association Compensation and Benefits Survey of the Association Forum of Chicagoland and the Association Compensation Survey compiled by the ASAE and the Center for Association Leadership are used. The data also includes comparable information used by the Executive Director to determine compensation for other key positions. Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and the Conflict of Interest Policy are available to the public upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 55,794. Management and general expenses 78,722. Fundraising expenses 56,924. Total expenses 191,440. Payroll processing: Program service expenses 0. Management and general expenses 1,611. Fundraising expenses 0. Total expenses 1,611. Form 990, Part XII, line 2c: The process has not changed from the prior year.