ILLINOIS COLLEGE OF OPTOMETRY: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: ILLINOIS COLLEGE OF OPTOMETRY (EIN 36-2310478)
Tax period: 2018-07-01 to 2019-06-30
Filed: 2019-12-02
IRS object ID: 201933369349300113
Schema version: 2018v3.1
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 I
Schedule J
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-12-02T20:30:06-06:00	ReturnTs
Tax Period End	2019-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	350921680	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CROWE LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	225 West Wacker Drive Suite 2600	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	606061224	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	362310478	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Illinois College of Optometry	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	ILLI	BusinessNameControlTxt
Phone	3122251700	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3241 S Michigan Avenue	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Mark Colip OD	PersonNm
Person Title	President	PersonTitleTxt
Signature	2019-12-02	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Nicole Bencik	PreparerPersonNm
PTIN	P00756195	PTIN
Phone	3128997000	PhoneNum

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-04-17 16:48:07Z	BuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Mark Colip OD	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3241 S Michigan Avenue	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$47,038,900	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ico.edu	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1955	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	The mission of the Illinois College of Optometry is to develop highly qualified clinical optometrists through excellence in optometric education.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	717	TotalEmployeeCnt
Total Volunteers	17	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,145,672	PYContributionsGrantsAmt
CY Contributions Grants	$2,761,037	CYContributionsGrantsAmt
PY Program Service Revenue	$36,049,612	PYProgramServiceRevenueAmt
CY Program Service Revenue	$36,146,496	CYProgramServiceRevenueAmt
PY Investment Income	$1,928,322	PYInvestmentIncomeAmt
CY Investment Income	$1,859,903	CYInvestmentIncomeAmt
PY Other Revenue	$293,880	PYOtherRevenueAmt
CY Other Revenue	$266,311	CYOtherRevenueAmt
PY Total Revenue	$40,417,486	PYTotalRevenueAmt
CY Total Revenue	$41,033,747	CYTotalRevenueAmt
PY Grants And Similar Paid	$836,773	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$1,463,661	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$24,956,472	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$24,619,907	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$409,400	CYTotalFundraisingExpenseAmt
PY Other Expenses	$13,305,226	PYOtherExpensesAmt
CY Other Expenses	$12,768,603	CYOtherExpensesAmt
PY Total Expenses	$39,098,471	PYTotalExpensesAmt
CY Total Expenses	$38,852,171	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,319,015	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$2,181,576	CYRevenuesLessExpensesAmt
Total Assets BOY	$100,956,365	TotalAssetsBOYAmt
Total Assets EOY	$101,923,487	TotalAssetsEOYAmt
Total Liabilities BOY	$47,414,506	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$44,672,619	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$53,541,859	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$57,250,868	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	The Illinois College of Optometry is an innovator in optometric education, patient care, and the profession of optometry. Through a 4-year doctoral program, ICO develops highly qualified clinical optometrists through excellence in optometric education. The ICO campus has a full-service eye clinic, Illinois Eye Institute (IEI), on-site as well as the IEI Princeton location. Both locations, provide compassionate, affordable eye and vision care to vulnerable populations in Chicago with the IEI Princeton location servicing CPS students bussed in from locations throughout the city. ICO conducts research into optometry and related sciences; the College funds or otherwise carries out projects considered beneficial to its profession or community.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$17,077,079	ExpenseAmt
Grant	$1,043,776	GrantAmt
Revenue	$26,726,670	RevenueAmt
Desc	GENERAL EDUCATIONAL SERVICES AT THE ILLINOIS COLLEGE OF OPTOMETRY: Classroom instruction for Doctor of Optometry Degree; Continuing Education and Faculty Research serving approximately 580 students per year. ICO's 4-year program is focused entirely on optometry. Our students receive robust clinical experience, including hands-on patient care in the IEI beginning in their very first year. Understanding that being a doctor extends beyond eye care, ICO offers courses in financial literacy, practice management, and other real-world aspects of optometry. Our top-notch resources expose students to tomorrow's technologies and modes of practice.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$11,065,969	ExpenseAmt
Revenue	$7,574,200	RevenueAmt
Desc	CLINIC: The Illinois Eye Institute acts as a safety net provider of eye and vision services for the Chicago area, serving diverse patients with complex needs. The clinic received 102,709 patient visits in the previous year (64,502 to providers, 38,207 to optical). The site is a vital community resource for Medicaid and Medicare carriers, as well as underinsured and uninsured patients. Specialty areas of the clinic include (but are not limited to) Pediatrics, Urgent Care, Cornea and Contact Lenses, Diabetic Care, and Myopia Control. The IEI acts as a teaching clinic that aides in the education of students as they pursue Doctor of Optometry degrees.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$739,512	ExpenseAmt
Grant	$419,885	GrantAmt
Revenue	$1,780,539	RevenueAmt
Desc	DORMITORY: The Residential Complex provides affordable and safe on-campus living quarters for optometry students, prospective students, visitors, and their families. The RC hosts events to promote camaraderie and healthy student life. The facility went through a remodel in 2016 and offers the traditional single and double suites as well as one, two, and three bedroom apartments.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Revenue	$141,499	RevenueAmt
Desc	THE ORGANIZATION RECEIVES OTHER PROGRAM SERVICE REVENUE RELATED TO ITS BOOKSTORE, FACULTY RESEARCH, STUDENT LOANS AND ADMINISTRATION OF ILLINOIS EYE INSTITUTE AND ILLINOIS EYE INSTITUTE FOUNDATION.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Revenue	$141,499	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$28,882,560	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	Yes (true)	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	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	false	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	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	Yes (true)	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	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	false	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	653	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	717	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	Yes (true)	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	15	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	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	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARY RYBERG	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3129497030	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3241 S MICHIGAN AVENUE	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Karen Eng OD
Chairman of the Board	1.0	Yes (X)	Yes (X)	$0	$0	$0
Dwight Akerman OD MBA FAAO
Vice Chariman of the Board	1.0	Yes (X)	Yes (X)	$0	$0	$0
Vasvi Babu OD
Treasurer	1.0	Yes (X)	Yes (X)	$0	$0	$0
Robert Fait OD
Secretary	1.0	Yes (X)	Yes (X)	$0	$0	$0
Jeffery Johnson OD MBA CFA
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Osvaldo Lopez MD
Board of Trustees	1.0	Yes (X)		$9,678	$0	$0
Nana Owusu OD
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Steven Schneider
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Jeff Smith OD MBA
Interim President (July - Aug 2018) / Board of Trustees (Began Oct 2018)	1.0	Yes (X)		$20,000	$0	$0
Robert Steinmetz OD FAAO
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Charles Weiss CPA
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Elyse Chaglasian OD FAAO
Board of Trustees / Associate Professor of Optometry	35.0	Yes (X)		$124,762	$0	$32,090
Sandra Block OD FAAO
Professor of Optometry / Board of Trustees (Ended Oct 2018)	35.0	Yes (X)		$172,576	$0	$30,091
Robert Michael Daley
Board of Trustees (Ended Oct 2018)	1.0	Yes (X)		$0	$0	$0
Joseph Derezynski
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Dwain Hahs
Board of Trustees	1.0	Yes (X)		$0	$0	$0
Torrey Barrett
Board of Trustees (Ended May 2018)	1.0	Yes (X)		$0	$0	$0
Jeanette Varanelli OD
Board of Trustees (Began Oct 2018)	1.0	Yes (X)		$0	$0	$0
Mark Colip OD
VP for Student Affairs (Ended Aug 2018) / President (Began Aug 2018)	35.0		Yes (X)	$273,944	$0	$58,581
John Budzynski CPA
VP of Business and Finance/CFO	35.0		Yes (X)	$225,682	$0	$44,270
Valarie Conrad OD
VP for Risk and Compliance	35.0			$195,822	$0	$48,123	Yes (X)
Leonard Messner OD
VP of Patient Care	35.0			$217,700	$0	$35,696	Yes (X)
Stephanie Messner OD
VP of Academic Affairs	35.0			$229,373	$0	$37,207	Yes (X)
Laura Rounce
VP of Administration	35.0			$213,272	$0	$51,273	Yes (X)
Geoffrey Goodfellow OD
Associate Professor of Optometry	35.0			$171,895	$0	$46,271		Yes (X)
Janice Jurkus OD
Professor of Optometry	35.0			$170,577	$0	$29,840		Yes (X)
Yi Pang OD
Professor of Optometry	35.0			$169,492	$0	$46,217		Yes (X)
Zhiyong (Daniel) Ren
Chief Operating Officer - Illinois Eye Insttute	35.0			$177,994	$0	$22,226		Yes (X)
John Baker OD
Associate Professor of Optometry	35.0			$174,222	$0	$21,643		Yes (X)
Arol Augsburger OD
President Emeritus (Effective June 2018)	35.0			$452,983	$0	$23,845			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,999,972	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$527,373	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	64	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 (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	Address Line2ContractorAddress/USAddress/AddressLine2Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Nixon Peabody
70 W Madison St	Suite 3500	Chicago	IL	60602	Legal Services	$223,634
Crowe LLP
225 W Wacker Dr Suite 2600		CHICAGO	IL	60606	Audit and Tax Services	$108,489

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	2	CntrctRcvdGreaterThan100KCnt
Federated Campaigns	$0	FederatedCampaignsAmt
Membership Dues	$0	MembershipDuesAmt
Fundraising	$0	FundraisingAmt
Related Organizations	$0	RelatedOrganizationsAmt
Government Grants	$444,560	GovernmentGrantsAmt
All Other Contributions	$2,316,477	AllOtherContributionsAmt
Noncash Contributions	$160,341	NoncashContributionsAmt
Total Contributions	$2,761,037	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Student tuition and Fees	611310	$26,726,670	$26,726,670
Patient Services and Materials	900099	$7,574,200	$7,574,200
Bookstore and Dormitory	900099	$1,794,289	$1,794,289
Faculty Research	900099	$26,263	$26,263
Student Loan Interest	900099	$25,074	$25,074

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$36,146,496	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,295,589	TotalRevenueColumnAmt
Exclusion	$1,295,589	ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt
Personal	$0	PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$6,516,686	SecuritiesAmt
Other	$52,781	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$6,005,153	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$511,533	SecuritiesAmt
Other	$52,781	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$564,314	TotalRevenueColumnAmt
Related Or Exempt Func Income	$52,781	RelatedOrExemptFuncIncomeAmt
Exclusion	$511,533	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Parking	900099	$179,276	$179,276
Miscellaneous	900099	$87,035	$63,404	$23,631
	900099

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$0	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$266,311	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$41,033,747	TotalRevenueColumnAmt
Related Or Exempt Func Income	$36,222,908	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$2,049,802	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$1,463,661	TotalAmt
Program Services	$1,463,661	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,639,506	TotalAmt
Program Services	$379,374	ProgramServicesAmt
Management And General	$1,101,354	ManagementAndGeneralAmt
Fundraising	$158,778	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$681,070	TotalAmt
Program Services	$169,939	ProgramServicesAmt
Management And General	$460,018	ManagementAndGeneralAmt
Fundraising	$51,113	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$16,448,119	TotalAmt
Program Services	$13,189,645	ProgramServicesAmt
Management And General	$3,169,897	ManagementAndGeneralAmt
Fundraising	$88,577	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,709,403	TotalAmt
Program Services	$1,323,306	ProgramServicesAmt
Management And General	$372,161	ManagementAndGeneralAmt
Fundraising	$13,936	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$2,910,268	TotalAmt
Program Services	$2,272,437	ProgramServicesAmt
Management And General	$619,371	ManagementAndGeneralAmt
Fundraising	$18,460	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,231,541	TotalAmt
Program Services	$924,768	ProgramServicesAmt
Management And General	$286,277	ManagementAndGeneralAmt
Fundraising	$20,496	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$86,142	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$86,142	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$113,992	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$113,992	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Fundraising	$0	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$224,037	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$224,037	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,844,877	TotalAmt
Program Services	$1,430,256	ProgramServicesAmt
Management And General	$409,117	ManagementAndGeneralAmt
Fundraising	$5,504	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$161,456	TotalAmt
Program Services	$130,854	ProgramServicesAmt
Management And General	$30,602	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,107,837	TotalAmt
Program Services	$796,338	ProgramServicesAmt
Management And General	$301,735	ManagementAndGeneralAmt
Fundraising	$9,764	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,154,649	TotalAmt
Program Services	$1,050,519	ProgramServicesAmt
Management And General	$1,091,993	ManagementAndGeneralAmt
Fundraising	$12,137	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$612,705	TotalAmt
Program Services	$280,060	ProgramServicesAmt
Management And General	$330,356	ManagementAndGeneralAmt
Fundraising	$2,289	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$944,823	TotalAmt
Program Services	$834,959	ProgramServicesAmt
Management And General	$106,255	ManagementAndGeneralAmt
Fundraising	$3,609	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$3,629,907	TotalAmt
Program Services	$3,112,983	ProgramServicesAmt
Management And General	$499,345	ManagementAndGeneralAmt
Fundraising	$17,579	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$453,837	TotalAmt
Program Services	$202,659	ProgramServicesAmt
Management And General	$251,178	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
RESALE ITEMS	$704,478	$704,478	$0	$0
BAD DEBT EXPENSE	$303,356	$303,356	$0	$0
FINANCING FEES	$43,163	$38,144	$4,854	$165
MEMBERSHIP DUES	$91,169	$19,441	$68,364	$3,364

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$292,175	TotalAmt
Program Services	$255,383	ProgramServicesAmt
Management And General	$33,163	ManagementAndGeneralAmt
Fundraising	$3,629	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$38,852,171	TotalAmt
Program Services	$28,882,560	ProgramServicesAmt
Management And General	$9,560,211	ManagementAndGeneralAmt
Fundraising	$409,400	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$4,426,793	BOYAmt
EOY	$4,635,006	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$4,073,383	BOYAmt
EOY	$5,115,576	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$206,570	BOYAmt
EOY	$188,731	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,696,465	BOYAmt
EOY	$1,393,643	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	$0	BOYAmt
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$154,955	BOYAmt
EOY	$138,998	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$893,298	BOYAmt
EOY	$911,898	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$88,792,853	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$58,034,479	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$30,629,593	BOYAmt
EOY	$30,758,374	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$43,426,795	BOYAmt
EOY	$43,669,502	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$9,019,849	BOYAmt
EOY	$9,535,531	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$6,347,367	BOYAmt
EOY	$5,496,766	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$81,297	BOYAmt
EOY	$79,462	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$100,956,365	BOYAmt
EOY	$101,923,487	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$4,096,359	BOYAmt
EOY	$3,808,605	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	$2,208,404	BOYAmt
EOY	$2,174,111	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$33,613,260	BOYAmt
EOY	$31,650,424	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,496,483	BOYAmt
EOY	$7,039,479	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$47,414,506	BOYAmt
EOY	$44,672,619	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$49,191,716	BOYAmt
EOY	$53,741,622	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$3,448,647	BOYAmt
EOY	$2,456,994	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$901,496	BOYAmt
EOY	$1,052,252	EOYAmt

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$53,541,859	BOYAmt
EOY	$57,250,868	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$100,956,365	BOYAmt
EOY	$101,923,487	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$2,181,576	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,527,433	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,918,075	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,920,719	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,155,534	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,145,672	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,761,037	CurrentTaxYearAmt
Total	$11,901,037	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,918,075	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,920,719	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,155,534	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,145,672	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,761,037	CurrentTaxYearAmt
Total	$11,901,037	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$600,386	SubstantialContributorsTotAmt
Public Support Total170	$11,300,651	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,175,054	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,256,393	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,364,522	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,238,204	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,295,589	CurrentTaxYearAmt
Total	$6,329,762	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$0	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$0	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$0	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$0	CurrentTaxYearMinus1YearAmt
Current Tax Year	$0	CurrentTaxYearAmt
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$280,884	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$265,678	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$250,274	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$268,613	CurrentTaxYearMinus1YearAmt
Current Tax Year	$242,680	CurrentTaxYearAmt
Total	$1,308,129	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$19,538,928	TotalSupportAmt
Gross Receipts Rltd Activities	$180,279,683	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.5784	PublicSupportCY170Pct
Public Support PY170	0.6004	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule A, Part II, Line 10 Other Income	FormAndLineReferenceDesc
Explanation	DESCRIPTION - STUDENT PARKING, COLUMN A - 80032.0, COLUMN B - 82620.0, COLUMN C - 84685.0, COLUMN D - 76149.0, COLUMN E - 78853.0, COLUMN F - 402339.0; DESCRIPTION - EMPLOYEE PARKING, COLUMN A - 89010.0, COLUMN B - 98624.0, COLUMN C - 102822.0, COLUMN D - 100384.0, COLUMN E - 100423.0, COLUMN F - 491263.0; DESCRIPTION - CATERING - FOOD SERVICE, COLUMN A - 25309.0, COLUMN B - 31797.0, COLUMN C - 11876.0, COLUMN D - 29288.0, COLUMN E - 0.0, COLUMN F - 98270.0; DESCRIPTION - OTHER, COLUMN A - 86533.0, COLUMN B - 52637.0, COLUMN C - 50891.0, COLUMN D - 62792.0, COLUMN E - 63404.0, COLUMN F - 316257.0;	ExplanationTxt

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)
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	$96,298	DirectContactLegislatorsAmt
Rallies Demonstrations	false	RalliesDemonstrationsInd
Other Activities	false	OtherActivitiesInd
Total Lobbying Expenditures	$96,298	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY

This year's lobbying efforts focused on sources of grants for supporting eye care for the underserved and the roll out of the Affordable Care Act and issues with the transition of eye and vision services to Medicaid MCOs including credentialing our doctors in these new plans. PART 11-B, LINE 1G - LOBBYING EXPENSES PAID IS $96,298. THIS IS AN ALLOCATION OF SALARIES PAID TO PERFORM THESE ACTIVITIES.

Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,741,520	BeginningYearBalanceAmt
Contributions	$195,983	ContributionsAmt
Investment Earnings Or Losses	$126,323	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$420,945	GrantsOrScholarshipsAmt
End Year Balance	$1,642,881	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,708,429	BeginningYearBalanceAmt
Contributions	$40,517	ContributionsAmt
Investment Earnings Or Losses	$52,832	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$60,258	GrantsOrScholarshipsAmt
End Year Balance	$1,741,520	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,591,801	BeginningYearBalanceAmt
Contributions	$72,423	ContributionsAmt
Investment Earnings Or Losses	$105,955	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$61,750	GrantsOrScholarshipsAmt
End Year Balance	$1,708,429	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,549,158	BeginningYearBalanceAmt
Contributions	$54,855	ContributionsAmt
Investment Earnings Or Losses	$30,588	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$42,800	GrantsOrScholarshipsAmt
End Year Balance	$1,591,801	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,361,178	BeginningYearBalanceAmt
Contributions	$214,966	ContributionsAmt
Investment Earnings Or Losses	-$2,041	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$24,945	GrantsOrScholarshipsAmt
End Year Balance	$1,549,158	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.0	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.64	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.36	TermEndowmentBalanceEOYPct
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	$2,829,021	OtherCostOrOtherBasisAmt
Book Value	$2,829,021	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$61,910,940	OtherCostOrOtherBasisAmt
Depreciation	$40,031,978	DepreciationAmt
Book Value	$21,878,962	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$23,978,186	OtherCostOrOtherBasisAmt
Depreciation	$18,002,501	DepreciationAmt
Book Value	$5,975,685	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$74,706	OtherCostOrOtherBasisAmt
Book Value	$74,706	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$30,758,374	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
Real Estate Fund	$6,909,956	F
Multi-Strategy Fund of Funds	$2,625,575	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$9,535,531	TotalBookValueSecuritiesAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

Field	Value	IRS element (for citing)
Desc	Student Loan Portfolio	Desc
Book Value	$5,496,766	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Program Rltd	$5,496,766	TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	Advances from federal government for student loans	Desc
Amt	$7,039,479	Amt

Field	Value	IRS element (for citing)
Total Liability	$7,039,479	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$40,873,482	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,527,433	NetUnrealizedGainsInvstAmt
Other Revenue	-$1,463,661	OtherRevenueAmt
Revenue Not Reported	$63,772	RevenueNotReportedAmt
Revenue Subtotal	$40,809,710	RevenueSubtotalAmt
Investment Expenses Not Incld	$224,037	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	$0	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$224,037	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$41,033,747	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$37,164,473	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	-$1,463,661	OtherExpensesIncludedAmt
Expenses Not Reported	-$1,463,661	ExpensesNotReportedAmt
Expenses Subtotal	$38,628,134	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$224,037	InvestmentExpensesNotIncld2Amt
Other Expenses Not Included	$0	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$224,037	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$38,852,171	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment funds	The organization's donor-restricted endowment funds are used exclusively for scholarships.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote	The College has received a determination letter from the Internal Revenue Service indicating that it is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code of 1986, except for income taxes pertaining to unrelated business income. No provision has been made for income taxes in the accompanying financial statements, as the College has had no significant unrelated business income. If the College incurs interest and penalties, the College recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The College has no amounts accrued for interest or penalties as of June 30, 2019 or 2018. The College has not been examined by any tax jurisdiction. The College has no on-going federal, state or local tax audits, however, the College's tax returns for fiscal year 2016 and subsequent years are open to examination. The College does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990	Tuition discounting and awards - -1463661
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990	Tuition discounting and awards - -1463661

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	false	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 RACIALLY NONDISCRIMINATORY POLICY	The Illinois College of Optometry (the COLLEGE) DOES NOT PUBLICIZE ITS NONDISCRIMINATORY POLICY BY NEWSPAPER OR BROADCAST MEDIA.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT	The College receives grants and appropriations from the following sources: U.S. department of education; U.S. Department of Health and Human Services; state of Illinois: Various states with students enrolled in college under contractual arrangements.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt
FUNDED SCHOLARSHIPS AND AWARDS	64	$118,275
ICO SCHOLARSHIPS	151	$1,345,386

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds.	FormAndLineReferenceDesc
Explanation	Grants provided for Student Financial Aid are awarded by the Financial Aid Office based on appropriate guidelines. All awards are posted directly to the students' account and reviewed by the College's Business Office.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Travel For Companions	Yes (X)	TravelForCompanionsInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
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
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	false	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	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (14 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Elyse Chaglasian OD FAAO
Board of Trustees / Associate Professor of Optometry	$123,163	$0	$825	$0	$774	$0	$15,623	$0	$16,467	$0	$156,852	$0	$0	$0
Sandra Block OD FAAO
Professor of Optometry / Board of Trustees (Ended Oct 2018)	$170,290	$0	$0	$0	$2,286	$0	$20,830	$0	$9,261	$0	$202,667	$0	$0	$0
Mark Colip OD
VP for Student Affairs (Ended Aug 2018) / President (Began Aug 2018)	$273,170	$0	$0	$0	$774	$0	$34,041	$0	$24,540	$0	$332,525	$0	$0	$0
John Budzynski CPA
VP of Business and Finance/CFO	$223,396	$0	$0	$0	$2,286	$0	$27,654	$0	$16,616	$0	$269,952	$0	$0	$0
Valarie Conrad OD
VP for Risk and Compliance	$195,048	$0	$0	$0	$774	$0	$23,532	$0	$24,591	$0	$243,945	$0	$0	$0
Leonard Messner OD
VP of Patient Care	$216,512	$0	$0	$0	$1,188	$0	$26,316	$0	$9,380	$0	$253,396	$0	$0	$0
Stephanie Messner OD
VP of Academic Affairs	$227,895	$0	$290	$0	$1,188	$0	$27,717	$0	$9,490	$0	$266,580	$0	$0	$0
Laura Rounce
VP of Administration	$212,498	$0	$0	$0	$774	$0	$26,640	$0	$24,633	$0	$264,545	$0	$0	$0
Geoffrey Goodfellow OD
Associate Professor of Optometry	$171,535	$0	$180	$0	$180	$0	$21,752	$0	$24,519	$0	$218,166	$0	$0	$0
Janice Jurkus OD
Professor of Optometry	$168,116	$0	$175	$0	$2,286	$0	$20,409	$0	$9,431	$0	$200,417	$0	$0	$0
Yi Pang OD
Professor of Optometry	$168,992	$0	$230	$0	$270	$0	$21,675	$0	$24,542	$0	$215,709	$0	$0	$0
Zhiyong (Daniel) Ren
Chief Operating Officer - Illinois Eye Insttute	$177,634	$0	$180	$0	$180	$0	$21,379	$0	$847	$0	$200,220	$0	$0	$0
John Baker OD
Associate Professor of Optometry	$172,450	$0	$584	$0	$1,188	$0	$20,806	$0	$837	$0	$195,865	$0	$0	$0
Arol Augsburger OD
President Emeritus (Effective June 2018)	$418,679	$0	$0	$0	$34,304	$0	$15,600	$0	$8,245	$0	$476,828	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule J, Part I, Line 1a Travel for companions	The PRESIDENT EMERITUS of the college is provided a business guest travel allowance. The entire amount is treated as taxable compensation.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use	The PRESIDENT EMERITUS of the college is provided a housing allowance for his personal residence. The entire amount is treated as taxable compensation.
Schedule J, Part I, Line 7 Non-fixed payments	The organization provided one time payments to certain officers, key employees and highest paid employees. These one-time payments were based on the results of the employees' performance evaluations. The amount of the bonuses were made at the discretion of executive leadership.

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	2013-08-15	BondIssuedDt
Issue Price	$40,665,000	IssuePriceAmt
Purpose	CURRENT REFUND OF 1998 ISSUE.	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
Total Proceeds	$40,665,000	TotalProceedsAmt
Issuance Costs From Proceeds	$512,497	IssuanceCostsFromProceedsAmt
Other Spent Proceeds	$40,152,503	OtherSpentProceedsAmt
Unspent	$0	UnspentAmt
Substantial Completion	1998	SubstantialCompletionYr
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
Total Private Business Use	0.0	TotalPrivateBusinessUsePct

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	false	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	Yes (true)	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	false	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	false	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Schedule K, Part IV, Line 7 written procedures under IRC Section 148

All proceeds of the 2013 Illinois Finance Authority Revenue Refund Bonds, issued August 15, 2013, were deposited in the Debt Service Fund, a bona fide debt service fund, and the Bond Proceeds Fund, by September 10, 2013. Consequently, there are no unexpended bond proceeds that are subject to arbitrage calculations. Therefore, there is no current need to create or maintain written procedures under IRC Section 148.

Schedule K, Part IV, Line 2c COLUMN A

Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 08/15/2018

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VALERIE KATTOUF	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Relationship Description	FAMILY MEMBER OF FORMER CHAIRMAN OF THE BOARD OF TRUSTEES	RelationshipDescriptionTxt
Transaction	$169,939	TransactionAmt
Transaction	COMPENSATION AS PROFESSOR OF OPTOMETRY	TransactionDesc
Sharing Of Revenues	false	SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	Ophthalmic Equipment	2	$157,891	Cost
Yes (X)	Miscellaneous	5	$2,450	Cost

Field	Value	IRS element (for citing)
Form8283 Received	0	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	false	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Schedule M, Part I Explanations of reporting method for number of contributions	FormAndLineReferenceDesc
Explanation	Other - Ophthalmic Equipment # of Contributors Other - Miscellaneous # of Contributors	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part III, Line 4d Description of other program services	(Expenses $ including grants of $)(Revenue $ 141,499) THE ORGANIZATION RECEIVES OTHER PROGRAM SERVICE REVENUE RELATED TO ITS BOOKSTORE, FACULTY RESEARCH, STUDENT LOANS AND ADMINISTRATION OF ILLINOIS EYE INSTITUTE AND ILLINOIS EYE INSTITUTE FOUNDATION.
Form 990, Part VI, Line 15b COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES	DURING THE 2018 TAX YEAR, SALARY COMPARISONS FOR THE CFO WERE PERFORMED BY THE PRESIDENT AND THE VP OF HUMAN RESOURCES, WHILE SALARY COMPARISONS FOR ALL OTHER OFFICERS AND KEY EMPLOYEES WERE PERFORMED BY THE VP OF HUMAN RESOURCES AND THE CFO. THE FOLLOWING SOURCES WERE USED IN THIS PROCESS: ASCO SURVEY FOR FACULTY AND THE FOLLOWING FOR ALL NON-FACULTY POSITIONS: THE CHRONICLE OF HIGHER EDUCATION, THE NON-PROFIT ORGANIZATIONS COMPENSATION AND BENEFITS SURVEY, SALARY.COM, CBIZ POSITION REVIEW AND GRADING AND THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES. THIS PROCESS IS DOCUMENTED ON A TIMELY BASIS.
Form 990, Part VI, Line 1a Delegate broad authority to a committee	There shall be an executive committee of the board which shall have such number of members, not less than six, as the board shall determine. The chairman, vice chairman, secretary and treasurer shall be members of the executive committee. The board of trustees shall elect the remaining members of the executive committee. During the intervals between meetings of the board of trustees and subject to such limitations as may be required by law or by resolution of the board of trustees, the executive committee shall have and may exercise all of the authority of the board of trustees in the management of the college. The executive committee may also from time to time formulate and recommend to the board of trustees for approval, general policies regarding management of the affairs of the college. A majority of the executive committee shall constitute a quorum. The chairman of the board of trustees shall be chairman of the executive committee and is authorized to convene a meeting upon notice in any form at any time. Meetings of the executive committee, which are not called by the chairman, shall be called at the request of any member of the executive committee other than the chairman, and shall be held upon not less than three days' notice given in any form, either written or oral. Executive committee action shall require a minimum of three votes.
Form 990, Part VI, Line 2 Family/business relationships amongst interested persons	LEONARD MESSNER AND STEPHANIE MESSNER - Family relationship
Form 990, Part VI, Line 11b Review of form 990 by governing body	Prior to filing the return with the IRS, a draft of the completed form 990 is reviewed by the organization's outside independent tax advisors. The completed draft form 990 is then provided to the full board for review and is subsequently filed with the IRS.
Form 990, Part VI, Line 12c Conflict of interest policy	The Illinois College of Optometry (ICO) maintains a board-approved conflict of interest policy. At any time that a material change occurs for any trustee, member of a committee with Board-delegated power, administrator, faculty or an employee's interest during the year, the potential for conflict shall be promptly disclosed. This shall occur either before the consideration/initiation of a contract or transaction or within 30 days of the change in materiality. The policy requires that a conflict of interest disclosure questionnaire be completed and reviewed for every "interested person" annually. The policy defines an interested person as Trustees, members of board committees, administrators, employees with purchasing authority and faculty members of ICO. Faculty and employee questionnaires are reviewed by the Compliance Officer and any potential conflicts will then be reviewed with the appropriate department administrator. The President will review the questionnaires of the senior administrative staff. All conflicts will be evaluated and any conflict that is determined to be material will be managed, if possible, or promptly eliminated. The Dean will review all faculty questionnaires. All conflicts will be evaluated and any conflict that is determined to be material will be managed, if possible, or promptly eliminated. The disclosure questionnaires of the Trustees, all members of Board committees with Board-delegated powers and the President/CEO will be sent to the Audit Committee and the Chairman of the Board by the Audit Committee Chair. The committee members will promptly review the questionnaires to identify any material conflicts and engage a process to investigate, manage or eliminate the conflict. The following procedural guideline shall apply if the Audit Committee determines that a significant or material conflict of interest may exist: (a.) The Audit Committee shall file the disclosure questionnaire of the interested person(s) with ICO's general counsel within 14 days and shall immediately alert any Trustees, committee members and/or the President that a proposed contract, transaction, or arrangement being considered may create a possible conflict. No action shall be taken on the proposed contract, transaction, or arrangement that creates the potential conflict until all the directives of this policy are completed. (b.)The interested person(s) will fully disclose, to the Audit Committee, all material facts relating to the interest. Only the disinterested members of the Audit Committee shall discuss the conflict. The disinterested members of the Audit Committee shall present its findings to the full Board for discussion and action. All disinterested Trustees must vote to determine whether a conflict of interest exists absent the Trustees who are interested persons. Should the disinterested members of the Board determine that a conflict of interest exists with respect to a particular contract, transaction or arrangement: (a.) The disinterested members of the Board shall exercise due diligence to determine whether ICO could obtain a more advantageous contract, transaction, or arrangement with reasonable efforts under the circumstances. If appropriate, the Board shall appoint a disinterested person, administrator or committee to investigate alternatives to the proposed contract, transaction, or arrangement. Such person or committee shall report its findings to the Board. (b.) The Board may approve the contract, transaction, or arrangement with an interested party only if the disinterested Trustees determine by a majority vote that the Board has satisfied its fiduciary duties toward ICO and qualified for the rebuttable presumption of reasonableness under internal revenue code section 4958 (the "intermediate sanctions statute"). Specifically, the Board may approve the contract, transaction, or arrangement only if the disinterested Trustees determine by a majority vote that: i. The proposed contract, transaction, or arrangement is in the college's own benefit; ii. Based on available and documented comparability data and/or independent valuations or appraisals, and on other essential factors (such as quality and timeliness), the proposed contract, transaction, or arrangement is fair and reasonable to ICO; and iii. ICO could not obtain a more advantageous contract, transaction, or arrangement with reasonable efforts under the circumstances. In addition, the Board shall take all other steps necessary or advisable to satisfy the requirements of the intermediate sanctions statute and its accompanying regulations and to qualify for the rebuttable presumption of reasonableness under such regulations. (c.) If an interested person, whether directly or indirectly, receives or would receive remuneration that could reasonably be construed to violate the anti-fraud and abuse provisions of the federal law governing the Medicare and Medicaid programs, such remuneration shall not be paid or shall be returned immediately to the payer.
Form 990, Part VI, Line 15a Process to establish compensation of top management official	The Presidents was newly hired in August 2018. The starting salary was determined based on an analysis performed by the VP of Administration/Human Resources and the Board. On an annual basis, the Executive Committee of the Board of Trustees performs a performance review of the president. Any recommendations for increases are forwarded to the Finance Committee and then the Board of Trustees for review and approval. The review and approval are timely documented. The president's base compensation package is documented in a written employment contract.
Form 990, Part VI, Line 19 Required documents available to the public	Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time.
Form 990, Part VII, Section A Compensation	Elyse Chaglasian and Sandra Block are compensated as Professors of Optometry and not as Board Members. Additionally, Osvaldo Lopez, MD received compensation but not for services rendered for as an trustee of ICO.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS EYE INSTITUTE FOUNDATION	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3241 S MICHIGAN AVENUE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60616	ZIPCd

Field	Value	IRS element (for citing)
EIN	264194132	EIN
Primary Activities	DORMANT FY19	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Exempt Code Section	501(c)(3)	ExemptCodeSectionTxt
Public Charity Status	7	PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS COLLEGE OF OPTOMETRY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Controlled Organization	Yes (true)	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