2020-07-01T15:10:14-05:00 2019-08-31 410746749 CLIFTONLARSONALLEN LLP 1301 WEST 22ND STREET SUITE 1100 OAK BROOK IL 60523 990 2018-09-01 362167087 GLENWOOD ACADEMY GLEN 7087565430 500 W 187TH ST GLENWOOD IL 60425 MARY HOLLIE PRESIDENT AND CEO 7087565430 2020-06-29 1 JAMES R THOMAS P00095586 6305738600 2020-06-23 67.137.57.251 2020-06-29 10:10:28 CD P 82E529E4E4A7453430FC95DC7CD7478FBE6B70F3 B5F291A002F14AAC83A7FCFD7775961AF6447FD9 2018 2020-09-23 17:36:50Z MARY HOLLIE 500 WEST 187TH STREET GLENWOOD IL 60425 31228483 0 X WWW.GLENWOODACADEMY.ORG X 1887 IL TO PROVIDE A HIGH QUALITY EDUCATION AND RESIDENTIAL PROGRAM FOR STUDENTS FROM LOWER INCOME AND SINGLE-PARENT FAMILIES. 26 25 122 91 0 0 4907621 3235438 0 0 2656485 1667988 -99000 882457 7465106 5785883 0 23936 0 0 2425784 2593730 0 0 538380 2303821 3308086 4729605 5925752 2735501 -139869 72877914 74052401 28522489 18806609 44355425 55245792 GLENWOOD ACADEMY ERADICATES POVERTY, INJUSTICE, AND INEQUALITY THROUGH THE POWER OF RESIDENTIAL EDUCATION. 0 0 4246973 23936 374572 RESIDENTIAL EDUCATION 2-8 GRADETO PROVIDE A HIGH QUALITY EDUCATION AND RESIDENTIAL PROGRAM FOR STUDENTS FROM LOWER INCOME AND SINGLE-PARENT FAMILITES, WHO SEEK A POSITIVE ALTERNATIVE TO HOME AND COMMUNITY SITUATIONS WHICH IMPEDE OPPORTUNITIES TO ACHIEVE THEIR POTENTIAL 4246973 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 51 1 1 122 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL WI X ABIGAIL CANO 7087565430 500 WEST 187TH STREET GLENWOOD IL 60425 NORMAN WESLEY CHAIRMAN 1.00 1.00 X X 0 0 0 S BIFF BOWMAN VICE CHARIMAN OF INVESTMENT COMMITTEE 1.00 1.00 X X 0 0 0 PATRICK FLINN VICE CHAIRMAN OF DEVELOPMENT & PUBLIC AFFAIRS 1.00 1.00 X X 0 0 0 KURT GABOUER TREASURER 1.00 1.00 X X 0 0 0 HARRY HOSTETLER VICE CHARIMAN OF THE BUILDING & GROUND TASK FORCE 1.00 1.00 X X 0 0 0 PAMELA LAWLOR VICE CHAIRMAN OF STUDENT & STAFF SERVICES COMMITTE 1.00 2.00 X X 0 0 0 MARK WIGHT VICE CHAIRMAN 1.00 1.00 X X 0 0 0 JULIE BADEL MEMBER 1.00 1.00 X 0 0 0 MATTHEW DARNALL MEMBER 1.00 1.00 X 0 0 0 ROBERT DARNALL MEMBER 1.00 1.00 X 0 0 0 ANTHONY DITOMMASO MEMBER 1.00 1.00 X 0 0 0 ALAN DUFF MEMBER 1.00 1.00 X 0 0 0 KEVIN CAHOON MEMBER 1.00 2.00 X 0 0 0 STEPHANIE HICKMAN MEMBER 1.00 1.00 X 0 0 0 BLANCHE HILL MEMBER 1.00 1.00 X 0 0 0 MICHAEL LYON MEMBER 1.00 1.00 X 0 0 0 NEAL KITCHELL MEMBER 1.00 2.00 X 0 0 0 CHRISTOPHER MCMAHON MEMBER 1.00 1.00 X 0 0 0 HELMUT MLAKAR MEMBER 1.00 1.00 X 0 0 0 PERRY PERO MEMBER 1.00 1.00 X 0 0 0 JAN THRALL MEMBER 1.00 1.00 X 0 0 0 CHARLES WALLS MEMBER 1.00 1.00 X 0 0 0 JAN MAZZA MEMBER 1.00 1.00 X 0 0 0 BORIS ELISMAN VICE CHAIRMAN OF FINANCE & AUDIT COMMITTEE 1.00 1.00 X X 0 0 0 MARY HOLLIE CEO & PRESIDENT 40.00 2.00 X 350302 0 18000 CHARLES KUDIA CFO 40.00 1.00 X 122623 0 0 COLLEEN CONLAN-CARTER VP OF ACADEMIC AFFAIRS 1.00 40.00 X 185016 0 0 KIM LUCKEY VP OF DEVELOPMENT 1.00 40.00 X 154442 0 0 812383 0 18000 4 0 1 0 MORGAN BIRGE & ASSOCIATES 119 WEST HUBBARD STREET 4TH FLOOR CHICAGO IL 60654 IT, INSTALLED PHONE & ALERT SYSTEM 232857 JOHN CHARLES MIDWEST 11504 W 183RD STREET ORLAND PARK IL 60467 CAMPUS RENOVATIONS 126438 TOTAL AUTOMATION CONCEPTS INC 5602 W 120TH STREET ALSIP IL 60803 HVAC CONTROLS PROJECT 104085 3 1364109 1871329 3235438 2042560 2042560 15511097 9365516 16399489 8851696 -888392 513820 -374572 -374572 75544 1364109 191415 -115871 -115871 INCOME FROM LITIGATION 900099 970000 970000 MISCELLANEOUS 900099 28328 28328 998328 5785883 0 0 2550445 23936 23936 1270976 199559 747402 324015 1169960 1074779 65691 29490 72549 14718 33785 24046 80245 14750 41362 24133 34763 32434 1439 890 93384 87127 3866 2391 111320 103861 4609 2850 84931 30542 49894 4495 77559 55348 14639 7572 15843 5670 1887 8286 194631 181242 8416 4973 10957 1674 6993 2290 33588 5105 21490 6993 1322221 1233632 54740 33849 933100 870583 38630 23887 236086 220268 9774 6044 PAYROLL FEES 64173 59873 2657 1643 FEES & SUBSCRIPTIONS 60988 7126 29053 24809 BANK FEES 21047 19637 871 539 TRAINING 7599 5109 1744 746 5896 1457 4439 5925752 4246973 1140399 538380 1099939 1034944 209224 207691 4391 23242 457982 391899 22865090 14488121 16961290 8376969 183886 187694 50049314 44600809 0 0 3911888 19229153 72877914 74052401 2330384 2864239 0 26119211 15873754 72894 68616 28522489 18806609 X 19084039 30514761 2805274 2777147 22466112 21953884 44355425 55245792 72877914 74052401 X -139869 191669 10838567 X X 0 1 X 1 0 X 3711462 5155052 9914732 4941501 3310982 27033729 3711462 5155052 9914732 4941501 3310982 27033729 27033729 1045483 2157755 2405014 2423685 2042560 10074497 65200 129489 2361 43492 998286 1238828 38347054 0.70500 0.55980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31099837 838979 1498285 3302876 36739977 31600763 1743081 2106631 4350638 31099837 27224479 5607429 4619864 5851009 31600763 31422410 2239543 1202320 7639794 27224479 39953948 141769 -3365884 5307423 31422410 0.38250 0.59760 0.01990 1 0 87734 87734 9759144 6115795 3643349 9489231 5961139 3528092 3528981 2411187 1117794 8376969 CONTRIBUTIONS FROM RESIDUAL TRUSTS 621271 F CHARITABLE REMAINDER TRUSTS 663478 C PERPETUAL TRUSTS 13921983 C PUBLICLY TRADED SECURITIES 27834085 C CORPORATE BONDS 636750 C OTHER 923242 C 44600809 DUE FROM GLENWOOD SOUTH 19229103 OTHER ASSETS 50 19229153 SPLIT-INTEREST AGREEMENTS 68616 68616 X PART X, LINE 2: GLENWOOD IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. GLENWOOD RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POISITION WILL BE SUSTAINED UPON EXAMINATION. GLENWOOD HAS NO ONGLING FEDERAL OR STATE INCOME TAX EXAMINATIONS. GLENWOOD IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX AUDITS BEFORE ITS YEAR ENDING AUGUST 31, 2016. PART V, LINE 4: TO PROVIDE FUNDING TO PROGRAMS AND ENHANCE THE SUSTAINABILITY OF THE ORGANIZATION. THANKSGIVING CELEBRATION 1084376 1036742 47634 47634 26445 769 6500 23589 GOLF TOURNAMENT 217725 217725 62358 1053 4 137552 109642 27910 4411 670 1439653 1364109 75544 47634 93214 769 7170 24642 173429 -97885 0 0 1 COLLEGE SCHOLARSHIP FROM GREER & RATHJE ENDOWMENTS 1 7161 OTHER COLLEGE SCHOLARSHIP FROM PRATT ENDOWMENT 2 5162 OTHER COLLEGE SCHOLARSHIP FROM GREER ENDOWMENT 1 6000 OTHER COLLEGE SCHOLARSHIP FROM FULTON ENDOWMENT 1 1613 OTHER COLLEGE SCHOLARSHIP FROM HOSTETLER & GREER ENDOWMENTS 1 4000 OTHER PART I, LINE 2: EACH ENDOWMENT HAS THEIR OWN REQUIREMENTS TO BE A RECIPIENT OF THE SCHOLARSHIP. X 1 1 X X 0 0 0 0 0 0 0 0 0 MARY HOLLIE CEO & PRESIDENT 350302 0 0 0 0 0 18000 0 0 0 368302 0 0 0 COLLEEN CONLAN-CARTER VP OF ACADEMIC AFFAIRS 185016 0 0 0 0 0 0 0 0 0 185016 0 0 0 KIM LUCKEY VP OF DEVELOPMENT 154442 0 0 0 0 0 0 0 0 0 154442 0 0 0 PART I, LINE 1A A RESIDENCE ON CAMPUS IS PROVIDED FOR THE PRESIDENT TO ALLOW THE PRESIDENT TO BE AVAILABLE AS NECESSARY. THE BENEFIT WAS NOT INCLUDED AS TAXABLE COMPENSATION. TRAVEL EXPENSES SUCH AS MILEAGE, GAS, AND MAINTENANCE THAT ARE INCURRED ARE REIMBURSED BY THE ORGANIZATION. X 2386 500881 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEWS THE FORM 990 BEFORE IT HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 15B THE KEY EMPLOYEES ARE EVALUATED BY THE CHAIRMAN OF THE BOARD. HE UTILIZES HIS VAST EXPERIENCE AS WELL AS GUIDESTAR'S COMPARABLE COMPENSATION DATA FOR LIKE AGENCIES. REVIEW IS PERFORMED ANNUALLY IN DECEMBER FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS CONTAIN PROVISIONS FOR THE CONFLICT OF INTEREST POLICY. THE BOARD REGULARLY REVIEWS THE BYLAWS AND APPROVES OF ANY CHANGES. OFFICERS AND KEY EMPLOYEES UNDERSTAND THEY ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY. CONFLICTS ARE DISCUSSED AT THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE CONVENES TO REVIEW JOB PERFORMANCE AND DETERMINE IF ANY CHANGE TO COMPENSATION IS NECESSARY. INPUT FROM OUTSIDE SEARCH FIRMS IS OBTAINED IF NECESSARY. THIS PROCESS INCLUDES CONTEMPORANEOUS SUBSTANTIATION. THE USE OF HR CONSULTANTS, AND EXTERNAL BENCHMARKING. COMPENSATION ADJUSTMENTS ARE COMMENSURATE WITH INCREASES OF LIVING. THE MOST RECENT REVIEW WAS CONDUCTED DURING DECEMBER, 2018 FOR THE PRESIDENT AND CHAIRMAN. FORM 990, PART VI, SECTION C, LINE 19 ALL ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: INTERCOMPANY GLENWOOD SOUTH NET ASSET TRUE UP 10,838,567. FORM 990, PART VI, SECTION B, LINE 15A THE CEO IS EVALUATED BY THE CHARIMAN OF THE BOARD. HE UTILIZES HIS VAST EXPERIENCE AS WELL AS GUIDESTAR'S COMPARABLE COMPENSATION DATA FOR LIKE AGENCIES. REVIEW IS PEFORMED ANNUALLY IN DECEMBER. GLENWOOD WEST 500 W 187TH STREET GLENWOOD IL 60425 364062738 EDUCATION IL 501(C)(3) LINE 2 GLENWOOD ACA 1 GLENWOOD SOUTH 500 W 187TH STREET GLENWOOD IL 60425 364063075 RESID/EDUC IL 501(C)(3) LINE 2 GLENWOOD ACA 1 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 GLENWOOD SOUTH D 4139074 ACTUAL COST GLENWOOD WEST D 339534 ACTUAL COST