FURP.ORG / PUBLIC DATA EXPLORER

ILLINOIS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
ILLINOIS INSTITUTE OF TECHNOLOGY (EIN 36-2170136)
Tax period
2017-06-01 to 2018-05-31
Filed
2019-03-13
IRS object ID
201910729349301221
Schema version
2017v2.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-03-13T20:30:08-05:00ReturnTs
Tax Period End2018-05-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 West Wacker Drive Suite 2600AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP606061224ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-06-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362170136EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Illinois Institute of TechnologyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlILLIBusinessNameControlTxt
Phone3125673825PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13424 SOUTH STATE STREET TC-4 FLAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL HORANPersonNm
Person TitleVP FINANCE, CFO, & TREASURERPersonTitleTxt
Signature2019-03-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNICOLE BENCIKPreparerPersonNm
PTINP00756195PTIN
Phone3128997000PhoneNum
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Alan W CrambBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1SUITE 1900 10 W 35TH STREETAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$401,096,509GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.IIT.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1940FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.ActivityOrMissionDesc
Voting Members Governing Body64VotingMembersGoverningBodyCnt
Voting Members Independent61VotingMembersIndependentCnt
Total Employee4197TotalEmployeeCnt
Total Volunteers105TotalVolunteersCnt
Total Gross UBI$143,257TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$58,277,789PYContributionsGrantsAmt
CY Contributions Grants$63,052,564CYContributionsGrantsAmt
PY Program Service Revenue$286,238,062PYProgramServiceRevenueAmt
CY Program Service Revenue$276,015,596CYProgramServiceRevenueAmt
PY Investment Income$6,681,794PYInvestmentIncomeAmt
CY Investment Income$11,251,710CYInvestmentIncomeAmt
PY Other Revenue$773,065PYOtherRevenueAmt
CY Other Revenue$1,515,852CYOtherRevenueAmt
PY Total Revenue$351,970,710PYTotalRevenueAmt
CY Total Revenue$351,835,722CYTotalRevenueAmt
PY Grants And Similar Paid$106,662,830PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$113,217,063CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$151,259,827PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$151,169,166CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$48,839PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$38,569CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,923,979CYTotalFundraisingExpenseAmt
PY Other Expenses$102,895,629PYOtherExpensesAmt
CY Other Expenses$94,215,421CYOtherExpensesAmt
PY Total Expenses$360,867,125PYTotalExpensesAmt
CY Total Expenses$358,640,219CYTotalExpensesAmt
PY Revenues Less Expenses-$8,896,415PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,804,497CYRevenuesLessExpensesAmt
Total Assets BOY$583,297,526TotalAssetsBOYAmt
Total Assets EOY$635,766,786TotalAssetsEOYAmt
Total Liabilities BOY$248,671,425TotalLiabilitiesBOYAmt
Total Liabilities EOY$238,451,045TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$334,626,101NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$397,315,741NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$197,972,195ExpenseAmt
Grant$113,217,063GrantAmt
Revenue$195,245,056RevenueAmt
DescINSTRUCTION SUPPORT:- Through eight different schools and colleges, instruction supports over 50 academic majors, more than 80 minors, and a variety of specializations and is made up of nearly 6,900 students, including 3,026 undergraduate, 2,277 graduate, 882 law students, 568 Ph.D. candidates, and 87 students in continuing education programs. The University offered and awarded 559 bachelor, 1,670 master, 234 J.D., and 92 Ph.D. degrees during the 2018 academic year. The University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle a real-world problem using design-centered methodology and innovative thinking. All undergraduate students are required to take six credit hours of IPRO courses. Developed in 1995, IPRO consists of student teams from the junior through graduate levels, representing the breadth of the university's disciplines and professional programs. Each IPRO course is a unique project with teams that include the faculty and enrolled students. The courses encourage intellectual inquiry with research on the project subject, analysis, design, and development. Such experiential learning reinforces traditional education methods, providing students a richer academic experience allowing them to gain knowledge that goes beyond the regular classroom experience. When they graduate, students have learned to "speak the language" of other professions and have learned that problems can be "framed" from many different perspectives. Recently, IPRO project teams collaborated on developing a prototype desalination device for the Sahara, built sustainable water distribution systems in Haiti, developed renovations for a historic neighborhood theater, developed an assistive device to help visually impaired people swim, and devised a mobile operating room for disaster relief in third-world countries. The University's Idea Shop is where ideas are transformed into reality. The Idea Shop is a 13,000-square-foot innovation hub that features computer visualization tools, a rapid-prototyping lab featuring 3-D printers and 3-D scanners, multiple CNC milling machines, a vacuum former, and laser cutter. This is where University students from all fields of study generate breakthrough ideas and guide them from concept to launch. The Idea Shop helps to build the competency and professional perspectives of Illinois Institute of Technology students at all levels. It is an inviting place for returning alumni, students, and prospective students to interact and participate in workshops. The Idea Shop also serves the Chicago-area entrepreneurial community and facilitates the process by transforming student and faculty generated ideas into actual businesses, products, and patents.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$33,801,825ExpenseAmt
Revenue$40,430,978RevenueAmt
DescRESEARCH:- Research is the hallmark of our culture of excellence. Our faculty, students, and staff are leading bold research and discovery in fields where technology and innovation are creating significant, meaningful change. Throughout our colleges and research centers, and in topics as varied as energy, theoretical physics, and social justice, our research reflects our commitment to scientific, technological, and professional knowledge creation and innovation. Research awards received in fiscal year 2018 were $27.1 million. The University received awards in the areas of science, engineering, technology, and mathematics all of which are synergistic with the strategic plan. Notably, the Electrical and Computer Engineering Department received 19 awards totaling $3.8 million and the Computer Science Department received 18 awards for $3.5 million. Also, the Biomedical Engineering Department received 16 awards for $1.7 million, the Biological Science Department 13 awards for $1.8 million, Mechanical Material and Aerospace Engineering 28 awards totaling $2.9 million, Physics Department 33 awards totaling $2.8 million and the Department of Psychology 18 awards for $1.1 million. In addition, the National Center for Food Safety and Technology received 29 awards totaling $5.4 million.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$20,786,783ExpenseAmt
Revenue$12,290,455RevenueAmt
DescAUXILIARY SERVICES:- This provides for campus housing and dining for the students and includes residence halls and a dining room, apartment-style buildings, five fraternity houses, and two sorority houses.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDesc
$18,636,575$19,304,353STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation and other student services including the student finance center, admissions, and registration.
$14,702,495$8,585,958ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$33,339,070TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$27,890,311TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$285,899,873TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document6424IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4197EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryINForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (true)Form8282PropertyDisposedOfInd
Form8282 Filed1Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members64GoverningBodyVotingMembersCnt
Independent Voting Member61IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL HORANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125673825PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13424 SOUTH STATE STREET TC-4TH FLAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (93 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Craig J Duchossois
Vice Chair1.00.0Yes (X)Yes (X)$0$0$0
Michael P Galvin
Vice Chair1.00.0Yes (X)Yes (X)$0$0$0
Victor A Morgenstern
Vice Chair1.00.0Yes (X)Yes (X)$0$0$0
David J Vitale
Vice Chair1.00.0Yes (X)Yes (X)$0$0$0
Alan W Cramb
President39.01.0Yes (X)Yes (X)$799,064$0$46,253
Alan W Wendorf
Chairman of the Board1.00.0Yes (X)Yes (X)$0$0$0
Edward L Monser IV
Partial Year Trustee1.00.0Yes (X)$0$0$0
Judson B Althoff
Trustee1.00.0Yes (X)$0$0$0
David L Crowell
Trustee1.00.0Yes (X)$0$0$0
A Steven Crown
Trustee1.00.0Yes (X)$0$0$0
Andrea L Berry
Trustee1.00.0Yes (X)$0$0$0
James Dugan
Trustee1.00.0Yes (X)$0$0$0
Bryan R Dunn
Trustee1.00.0Yes (X)$0$0$0
Carter H Eckert
Trustee1.00.0Yes (X)$0$0$0
James R Gagnard
Trustee1.00.0Yes (X)$0$0$0
John P Calamos Sr
Trustee1.00.0Yes (X)$0$0$0
S Christopher Gladwin
Trustee1.00.0Yes (X)$0$0$0
Jamshyd N Godrej
Trustee1.00.0Yes (X)$0$0$0
Alvin L Gorman
Trustee1.00.0Yes (X)$0$0$0
Michael J Graff
Trustee1.00.0Yes (X)$0$0$0
Rajinder P Gupta
Partial Year Trustee1.00.0Yes (X)$0$0$0
Marc R Hannah
Trustee1.00.0Yes (X)$0$0$0
Elzie L Higginbottom
Trustee1.00.0Yes (X)$0$0$0
James Hill Jr
Trustee1.00.0Yes (X)$0$0$0
Martin C Jischke
Trustee1.00.0Yes (X)$0$0$0
Ellen M Jordan
Trustee1.00.0Yes (X)$0$0$0
Norbert O Kaiser
Trustee1.00.0Yes (X)$0$0$0
Edward L Kaplan
Trustee1.00.0Yes (X)$0$0$0
Jeffrey A Karp
Trustee1.00.0Yes (X)$0$0$0
Patrick J Kelly
Trustee1.00.0Yes (X)$0$0$0
Jules F Knapp
Trustee1.00.0Yes (X)$0$0$0
Kaarina Koskenalusta
Trustee1.00.0Yes (X)$0$0$0
Joel D Krauss
Trustee1.00.0Yes (X)$0$0$0
John Krenhbiel Jr
Trustee1.00.0Yes (X)$0$0$0
Thomas E Lanctot
Trustee1.00.0Yes (X)$0$0$0
Eric C Larson
Trustee1.00.0Yes (X)$0$0$0
Richard Neil Levy
Trustee1.00.0Yes (X)$0$0$0
Bruce C Liimatainen
Trustee1.00.0Yes (X)$0$0$0
Sherrie B Littlejohn
Trustee1.00.0Yes (X)$0$0$0
Victor Lo
Trustee1.00.0Yes (X)$0$0$0
Dirk Lohan
Partial Year Trustee1.00.0Yes (X)$0$0$0
Paul D McCoy
Partial Year Trustee1.00.0Yes (X)$0$0$0
David E Mendelsohn
Partial Year Trustee1.00.0Yes (X)$0$0$0
David J Miniat
Trustee1.00.0Yes (X)$0$0$0
Rosemarie Mitchell
Trustee1.00.0Yes (X)$0$0$0
Williams C Bartholomay
Trustee1.00.0Yes (X)$0$0$0
Martin Cooper
Trustee1.00.0Yes (X)$0$0$0
Anita M Nagler
Trustee1.00.0Yes (X)$0$0$0
Walter Nathan
Trustee1.00.0Yes (X)$0$0$0
Madhavan K Nayar
Trustee1.00.0Yes (X)$0$0$0
John G Olin
Trustee1.00.0Yes (X)$0$0$0
Robert J Potter
Trustee1.00.0Yes (X)$0$0$0
Mayari Pritzker
Trustee1.00.0Yes (X)$0$0$0
John W Rowe
Trustee1.00.0Yes (X)$0$0$0
Mitchell Harris Saranow
Trustee1.00.0Yes (X)$0$0$0
Carole Browe Segal
Trustee1.00.0Yes (X)$0$0$0
Michael Steven Seedman
Trustee1.00.0Yes (X)$0$0$0
Bernard F Sergesketter
Trustee1.00.0Yes (X)$0$0$0
Harold Singleton III
Trustee1.00.0Yes (X)$0$0$0
Carl S Spetzler
Trustee1.00.0Yes (X)$0$0$0
Efthimios J Stojka
Trustee1.00.0Yes (X)$0$0$0
Stephen C Urrutia
Trustee1.00.0Yes (X)$0$0$0
David Van Eekeren
Partial Year Trustee1.00.0Yes (X)$0$0$0
Robert A Cornog
Trustee1.00.0Yes (X)$0$0$0
John C Walden
Trustee1.00.0Yes (X)$0$0$0
Brian C Walker
Trustee1.00.0Yes (X)$0$0$0
Priscilla Anne Walter
Trustee1.00.0Yes (X)$0$0$0
Ralph Wanger
Trustee1.00.0Yes (X)$0$0$0
Robert J Washlow
Trustee1.00.0Yes (X)$0$0$0
James E Cowie
Trustee1.00.0Yes (X)$0$0$0
Kevin W Willer
Trustee1.00.0Yes (X)$0$0$0
Frances Bronet
Provost-Termed on 1/31/201839.01.0Yes (X)$456,981$0$25,774
Michael Horan
VP Finance, CFO, Treasurer39.01.0Yes (X)$123,644$0$13,210
Russell Betts
Interim Provost39.01.0Yes (X)$391,191$0$24,300
Jess Goode
Vice President39.00.0Yes (X)$221,347$0$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec39.01.0Yes (X)$254,260$0$30,287
Betsy Hughes
Vice Pres, Inst Advancement39.00.0Yes (X)$349,739$0$46,253
Michael Gosz
Assoc. Prof MMAE/VP Enrollment39.00.0Yes (X)$254,611$0$44,035
Robert Brackett
Vice President/Professor39.00.0Yes (X)$314,040$0$31,516
Edwin Watts
VP Admnstrn/Facilities/Pub Saf39.00.0Yes (X)$278,065$0$25,177
Ophir Trigalo
Vice Provost, CIO39.00.0Yes (X)$271,108$0$46,253
Darsh Wasan
Vice Pres & Motorola Professor39.00.0Yes (X)$298,935$0$38,702
Natacha DePaola
Kaplan Dean of Engineering39.00.0$411,108$0$46,065Yes (X)
John Bilson
Professor/Interim Dean39.00.0$300,181$0$38,702Yes (X)
Harold Krent
Dean & Professor of Law39.00.0$375,117$0$41,747Yes (X)
Eunice Santos
Chair/Hochsprung Chair39.00.0$289,931$0$30,749Yes (X)
Heather Harper
Associate Clinical Professor39.00.0$284,132$0$37,215Yes (X)
Hamid Arastoopour
Director, WISER/Professor39.00.0$330,618$0$38,830Yes (X)
Mohammad Shahidehpour
Distinguished Bodine Professor39.00.0$356,400$0$46,065Yes (X)
Sumanta Acharya
Professor & Department Chair39.00.0$305,633$0$24,488Yes (X)
Wiel Arets
Professor-Former KE39.00.0$307,458$0$24,300Yes (X)
Patrick Whitney
Steelcase/Robert Pew Professor-Former KE39.00.0$237,329$0$29,889Yes (X)
Harvey Kahalas
Dean/Professor of Mgmt-Former KE0.00.0$160,654$0$20,503Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,371,546TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$750,313TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K364IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Power Ujamaa 3 LLC
8750 W Bryn MawrChicagoIL60631Construction$11,604,265
Sodexo Inc and Affiliates
PO Box 360170PittsburghPA152516170Food Service$5,076,319
Apex3 Security LLC
1535 Brandy ParkwayStreamwoodIL60107Security$2,427,797
ABM Onsite Services Midwest Inc
75 Remittance DriveChicagoIL606753011Janitorial$1,889,752
GCA Services Group
3060 Solutions CenterChicagoIL60677Janitorial$1,684,471
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K103CntrctRcvdGreaterThan100KCnt
Fundraising$422,790FundraisingAmt
Government Grants$44,277,976GovernmentGrantsAmt
All Other Contributions$18,351,798AllOtherContributionsAmt
Noncash Contributions$2,772,680NoncashContributionsAmt
Total Contributions$63,052,564TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Tuition and Fees611310$244,322,992$244,322,992
Sales/Services of Auxiliary Enterprises722320$12,449,251$12,290,455$158,796
Student Services611710$19,304,353$19,304,353
Equity Interest on IITRI900099-$61,000-$61,000

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$276,015,596TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,574,038TotalRevenueColumnAmt
Unrelated Business Revenue-$15,539UnrelatedBusinessRevenueAmt
Exclusion$5,589,577ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,126,286RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$332,230RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,794,056RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,794,056TotalRevenueColumnAmt
Exclusion$1,794,056ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$54,283,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$48,605,328SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$5,677,672SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,677,672TotalRevenueColumnAmt
Exclusion$5,677,672ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$45,025FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$422,790ContriRptFundraisingEventAmt
Fundraising Direct Expenses$323,229FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$278,204TotalRevenueColumnAmt
Exclusion-$278,204ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$351,835,722TotalRevenueColumnAmt
Related Or Exempt Func Income$275,856,800RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$143,257UnrelatedBusinessRevenueAmt
Exclusion$12,783,101ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$113,217,063TotalAmt
Program Services$113,217,063ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,220,470TotalAmt
Program Services$2,464,650ProgramServicesAmt
Management And General$2,641,967ManagementAndGeneralAmt
Fundraising$2,113,853FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$179,445TotalAmt
Program Services$179,445ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$116,527,583TotalAmt
Program Services$93,176,795ProgramServicesAmt
Management And General$18,300,214ManagementAndGeneralAmt
Fundraising$5,050,574FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,322,725TotalAmt
Program Services$4,891,503ProgramServicesAmt
Management And General$1,148,750ManagementAndGeneralAmt
Fundraising$282,472FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$14,572,052TotalAmt
Program Services$8,936,484ProgramServicesAmt
Management And General$5,006,421ManagementAndGeneralAmt
Fundraising$629,147FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,346,891TotalAmt
Program Services$4,927,269ProgramServicesAmt
Management And General$1,139,439ManagementAndGeneralAmt
Fundraising$280,183FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$388,033TotalAmt
Program Services$8,330ProgramServicesAmt
Management And General$379,703ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$621,583TotalAmt
Program Services$130ProgramServicesAmt
Management And General$621,453ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$132,750TotalAmt
Management And General$132,750ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$38,569TotalAmt
Fundraising$38,569FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$772,526TotalAmt
Management And General$772,526ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,036,825TotalAmt
Program Services$14,868,111ProgramServicesAmt
Management And General$3,427,753ManagementAndGeneralAmt
Fundraising$740,961FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$484,705TotalAmt
Program Services$247,139ProgramServicesAmt
Management And General$237,566ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,182,112TotalAmt
Program Services$3,739,482ProgramServicesAmt
Management And General$946,651ManagementAndGeneralAmt
Fundraising$495,979FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,452,490TotalAmt
Program Services$971,005ProgramServicesAmt
Management And General$1,460,538ManagementAndGeneralAmt
Fundraising$20,947FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$38,535,415TotalAmt
Program Services$35,507,414ProgramServicesAmt
Management And General$3,028,001ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,384,805TotalAmt
Program Services$2,563,280ProgramServicesAmt
Management And General$569,389ManagementAndGeneralAmt
Fundraising$252,136FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$293,764TotalAmt
Program Services$201,773ProgramServicesAmt
Management And General$72,833ManagementAndGeneralAmt
Fundraising$19,158FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$9,298,847TotalAmt
Management And General$9,298,847ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$13,000,404TotalAmt
Management And General$13,000,404ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$631,162TotalAmt
Management And General$631,162ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

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

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$358,640,219TotalAmt
Program Services$285,899,873ProgramServicesAmt
Management And General$62,816,367ManagementAndGeneralAmt
Fundraising$9,923,979FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,509,603BOYAmt
EOY$24,080,029EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,950,623BOYAmt
EOY$3,132,566EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$18,240,866BOYAmt
EOY$14,401,785EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,691,978BOYAmt
EOY$5,141,474EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$9,231,142BOYAmt
EOY$9,513,620EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,041,862BOYAmt
EOY$3,826,773EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$562,232,711LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$277,685,094LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$253,563,944BOYAmt
EOY$284,547,617EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$228,374,830BOYAmt
EOY$237,914,273EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$14,395,758BOYAmt
EOY$13,463,716EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$16,456,586BOYAmt
EOY$16,395,586EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$21,840,334BOYAmt
EOY$23,349,347EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$583,297,526BOYAmt
EOY$635,766,786EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$30,537,964BOYAmt
EOY$28,613,687EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$18,044,950BOYAmt
EOY$16,756,445EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$171,160,000BOYAmt
EOY$165,544,998EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$14,000,000BOYAmt
EOY$14,000,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$14,928,511BOYAmt
EOY$13,535,915EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$248,671,425BOYAmt
EOY$238,451,045EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$67,650,938BOYAmt
EOY$122,892,743EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$55,958,848BOYAmt
EOY$56,453,916EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$211,016,315BOYAmt
EOY$217,969,082EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$334,626,101BOYAmt
EOY$397,315,741EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$583,297,526BOYAmt
EOY$635,766,786EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$6,804,497ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$3,826,225NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$65,667,912OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$62,223,718CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$63,420,177CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,771,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,277,789CurrentTaxYearMinus1YearAmt
Current Tax Year$63,052,564CurrentTaxYearAmt
Total$317,745,940TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$62,223,718CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$63,420,177CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,771,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,277,789CurrentTaxYearMinus1YearAmt
Current Tax Year$63,052,564CurrentTaxYearAmt
Total$317,745,940TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$649,704SubstantialContributorsTotAmt
Public Support Total170$317,096,236PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,169,525CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,056,675CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,450,043CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,610,143CurrentTaxYearMinus1YearAmt
Current Tax Year$7,715,863CurrentTaxYearAmt
Total$29,002,249TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$45,025CurrentTaxYearAmt
Total$45,025TotalAmt
FieldValueIRS element (for citing)
Total Support$346,793,214TotalSupportAmt
Gross Receipts Rltd Activities$1,397,292,634GrossReceiptsRltdActivitiesAmt
Public Support CY1700.9144PublicSupportCY170Pct
Public Support PY1700.9145PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 45025.0, COLUMN F - 45025.0;ExplanationTxt

Schedule B IRS990ScheduleB

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$132,750DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$132,750TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYTHOMSON COBURN WAS RETAINED TO HELP WITH FEDERAL LOBBY REGISTRATION AND DISCLOSURE REQUIREMENTS. IIT WAS REPRESENTED BY ALL CIRCO INC. FOR DEVELOPMENT OF LEGISLATIVE STRATEGY AND AS LIAISON WITH THE OFFICE OF THE GOVERNOR AND OTHER STATE AGENCIES AS DIRECTED BY IIT. IN ADDITION, IIT'S VICE PRESIDENT AND ASSOCIATE VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING SUCH MATTERS.
Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYTHOMSON COBURN WAS RETAINED TO HELP WITH FEDERAL LOBBY REGISTRATION AND DISCLOSURE REQUIREMENTS. IIT WAS REPRESENTED BY ALL CIRCO INC. FOR DEVELOPMENT OF LEGISLATIVE STRATEGY AND AS LIAISON WITH THE OFFICE OF THE GOVERNOR AND OTHER STATE AGENCIES AS DIRECTED BY IIT. IN ADDITION, IIT'S VICE PRESIDENT AND ASSOCIATE VICE PRESIDENT FOR EXTERNAL AFFAIRS INTERACT WITH FEDERAL, STATE, AND LOCAL OFFICIALS REGARDING SUCH MATTERS.

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$243,746,501BeginningYearBalanceAmt
Contributions$5,825,000ContributionsAmt
Investment Earnings Or Losses$14,727,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,671,397GrantsOrScholarshipsAmt
Other Expenditures$6,828,603OtherExpendituresAmt
End Year Balance$251,798,501EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$226,847,501BeginningYearBalanceAmt
Contributions$2,246,000ContributionsAmt
Investment Earnings Or Losses$27,253,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,903,690GrantsOrScholarshipsAmt
Other Expenditures$6,696,310OtherExpendituresAmt
End Year Balance$243,746,501EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$240,752,501BeginningYearBalanceAmt
Contributions$4,929,000ContributionsAmt
Investment Earnings Or Losses-$6,234,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,407,125GrantsOrScholarshipsAmt
Other Expenditures$7,192,875OtherExpendituresAmt
End Year Balance$226,847,501EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$239,982,501BeginningYearBalanceAmt
Contributions$1,394,000ContributionsAmt
Investment Earnings Or Losses$11,076,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,891,780GrantsOrScholarshipsAmt
Other Expenditures$6,808,220OtherExpendituresAmt
End Year Balance$240,752,501EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$221,908,302BeginningYearBalanceAmt
Contributions$5,620,000ContributionsAmt
Investment Earnings Or Losses$23,554,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,676,028GrantsOrScholarshipsAmt
Other Expenditures$3,923,773OtherExpendituresAmt
Administrative Expenses$2,500,000AdministrativeExpensesAmt
End Year Balance$239,982,501EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.22BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.78PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.0TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,830,281OtherCostOrOtherBasisAmt
Book Value$19,830,281BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$419,112,708OtherCostOrOtherBasisAmt
Depreciation$216,512,331DepreciationAmt
Book Value$202,600,377BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$90,239,829OtherCostOrOtherBasisAmt
Depreciation$61,172,763DepreciationAmt
Book Value$29,067,066BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$33,049,893OtherCostOrOtherBasisAmt
Book Value$33,049,893BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$284,547,617TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
Obligation under split interest$725,559
Deposits by students & others$2,335,802
Postretirement benefit obligation$2,198,675
Asset retirement obligation$1,624,991
ADVANCES FROM U.S. GOV'T FOR STUDENT LOANS$6,650,888
FieldValueIRS element (for citing)
Total Liability$13,535,915TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsThe purpose of the endowment funds is to facilitate donors' desires to make substantial long-term gifts to the community and to develop a new and significant source of revenue for the University. In doing so, the endowment fund will provide a secure, long-term source of funds to: (a) fund special programs; (b) ensure long-term growth; (c) enhance the University's ability to meet changing community needs; and (d) support the administrative expenses of the University as deemed appropriate.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteIncome Taxes The University has received a determination letter from the Internal Revenue Service (IRS) stating that they are exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code except for tax on unrelated business income. It is management's belief that none of its activities have produced material unrelated business income, and that the University has operated in a manner that qualifies it for tax-exempt status. U.S. generally accepted accounting principles require University management to evaluate tax positions taken by the University and recognize a tax liability (or asset) if the University has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed tax positions taken by the University and has concluded that as of May 31, 2017 and 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. The University is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The University management believes it is no longer subject to income tax examinations for years prior to 2015.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYPOLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS. IT ALSO APPEARS ON APPLICATIONS, AND OTHER FORMS, AND IT IS POSTED ON THE UNIVERSITY'S WEBSITE.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTDepartment of Education:- Federal Supplemental Education Opportunity Grants Federal Direct Loans Federal Work Study Program Federal Perkins Loan Program Federal Pell Grant Program Illinois Student Assistance Commission:- Illinois Monetary Award Program Grants Grant Program for Descendants of Police, Fire, or Correctional Officers

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (4 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)01Program ServicesSTUDENT RECRUITING.$213,917
South Asia66Program ServicesFACILITATE DELIVERY OF ON-LINE EDUCATIONAL PROGRAMS AND STUDENT RECRUITING.$133,834
East Asia and the Pacific02Program ServicesSTUDENT RECRUITING.$388,501
South America01Program ServicesSTUDENT RECRUITING.$37,750
FieldValueIRS element (for citing)
Subtotal Offices6SubtotalOfficesCnt
Subtotal Employees10SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office6TotalOfficeCnt
Total Employee10TotalEmployeeCnt
Subtotal Spent$774,002SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$774,002TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 DESCRIPTION OF ACTIVITY OUTSIDE UNITED STATESFormAndLineReferenceDesc
ExplanationEUROPE/SOUTH AMERICA: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF EUROPEAN AND LATIN AMERICAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. SOUTH ASIA: TO FACILITATE IIT'S ABILITY TO DELIVER LONG DISTANCE INTERNET-BASED EDUCATIONAL PROGRAMS TO RESIDENTS OF VARIOUS CITIES IN INDIA AND THE RECRUITMENT OF INDIAN STUDENTS TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS. EAST ASIA AND PACIFIC: IIT IS MAINLY ENGAGED IN THE RECRUITMENT OF STUDENTS FROM EAST ASIA AND THE PACIFIC TO THE PROGRAMS OF THE UNIVERSITY OFFERED AT IIT'S CHICAGO CAMPUS.ExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz LLC
PO Box 718Des MoinesIA503030718PHONE SOLICITINGfalse$46,228$25,244$20,984
WASHBURN & MCGOLDRICK LLC
24 N Bryn Mawr Avenue Suite 252Bryn MawrPA19010CONSULT ON RAISING FUNDSfalse$13,325-$13,325
FieldValueIRS element (for citing)
Total Gross Receipts$46,228TotalGrossReceiptsAmt
Total Retained By Contractors$38,569TotalRetainedByContractorsAmt
Total Net To Organization$7,659TotalNetToOrganizationAmt
Licensed StatesCTLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesMDLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Tech-X AwardsEvent1Nm
Gross Receipts Event1$395,387GrossReceiptsEvent1Amt
Charitable Contri Event1$369,762CharitableContriEvent1Amt
Gross Revenue Event1$25,625GrossRevenueEvent1Amt
Rent Facility Costs Event1$22,731RentFacilityCostsEvent1Amt
Food And Beverage Event1$48,470FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$177,289OtherDirectExpensesEvent1Amt
Event2PhonathonEvent2Nm
Gross Receipts Event2$46,228GrossReceiptsEvent2Amt
Charitable Contri Event2$46,228CharitableContriEvent2Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Other Direct Expenses Event2$25,244OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$26,200GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$6,800CharitableContriOtherEventsAmt
Gross Revenue Other Events$19,400GrossRevenueOtherEventsAmt
Food And Beverage Other Events$33,170FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$16,325OthDirectExpnssOtherEventsAmt
Gross Receipts Total$467,815GrossReceiptsTotalAmt
Charitable Contributions Tot$422,790CharitableContributionsTotAmt
Gross Revenue Total Events$45,025GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$22,731RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$81,640FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$218,858OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$323,229DirectExpenseSummaryEventsAmt
Net Income Summary-$278,204NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule G, Part I, Line 2b(v) Amounts paid to fundraiserWashburn & McGoldrick LLC was engaged to increase private philanthropic support for IIT's operating budget, endowment and facilities. All of these resources are intended to enhance the educational purposes of the institution. Washburn & McGoldrick LLC do not at any time have custody or control of contributions. IIT exercises control and approval over the content and volume of any solicitation as Washburn & McGoldrick LLC never conducts solicitations on IIT's behalf. Payments for services are based on a monthly retainer and a per diem rate. Expenses are billed separately as expended and at cost, for travel, overnight accommodations, meals, and out-of-pocket expenses. Ruffalo Noel Levitz LLC conducted telephone fundraising campaigns for IIT and provided services to secure pledges and donations to support the educational mission of IIT. Their services related to the concept, design and strategies of the campaign and telephone solicitations to individuals identified on lists supplied by IIT. All funds raised were controlled by IIT. Ruffalo Noel Levitz LLC was paid fees for services provided in conducting the telephone fundraising campaigns.
Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement.RUFFALO NOEL LEVITZ, LLC-RUFFALO NOEL LEVITZ LLC CONDUCTED TELEPHONE FUNDRAISING CAMPAIGNS FOR IIT AND PROVIDED SERVICES TO SECURE PLEDGES AND DONATIONS TO SUPPORT THE EDUCATIONAL MISSION OF IIT. THEIR SERVICES RELATED TO THE CONCEPT, DESIGN AND STRATEGIES OF THE CAMPAIGN AND TELEPHONE SOLICITATIONS TO INDIVIDUALS IDENTIFIED ON LISTS SUPPLIED BY IIT. ALL FUNDS RAISED WERE CONTROLLED BY IIT. RUFFALO NOEL LEVITZ LLC WAS PAID FEES FOR SERVICES PROVIDED IN CONDUCTING THE TELEPHONE FUNDRAISING CAMPAIGNS.;WASHBURN & MCGOLDRICK LLC-WASHBURN & MCGOLDRICK LLC WAS ENGAGED TO INCREASE PRIVATE PHILANTHROPIC SUPPORT FOR IIT'S OPERATING BUDGET, ENDOWMENT AND FACILITIES. ALL OF THESE RESOURCES ARE INTENDED TO ENHANCE THE EDUCATIONAL PURPOSES OF THE INSTITUTION. WASHBURN & MCGOLDRICK LLC DO NOT AT ANY TIME HAVE CUSTODY OR CONTROL OF CONTRIBUTIONS. IIT EXERCISES CONTROL AND APPROVAL OVER THE CONTENT AND VOLUME OF ANY SOLICITATION AS WASHBURN & MCGOLDRICK LLC NEVER CONDUCTS SOLICITATIONS ON IIT'S BEHALF. PAYMENTS FOR SERVICES ARE BASED ON A MONTHLY RETAINER AND A PER DIEM RATE. EXPENSES ARE BILLED SEPARATELY AS EXPENDED AND AT COST, FOR TRAVEL, OVERNIGHT ACCOMMODATIONS, MEALS, AND OUT-OF-POCKET EXPENSES.;
Schedule G, Part I, Line 2b(v) payment of fees or payment of expensesRUFFALO NOEL LEVITZ, LLC-PAYMENT OF FEES.;WASHBURN & MCGOLDRICK LLC-PAYMENT OF FEES.;

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient6385RecipientCnt
Cash Grant$113,217,063CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationTHE USE OF GRANT FUNDS IS MONITORED THROUGH A GRANT MANAGEMENT SYSTEM.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Alan W Cramb
President$643,000$0$135,000$0$21,064$0$24,300$0$21,953$0$845,317$0$0$0
Frances Bronet
Provost-Termed on 1/31/2018$435,417$0$0$0$21,564$0$24,300$0$1,474$0$482,755$0$0$0
Russell Betts
Interim Provost$366,347$0$0$0$24,844$0$24,300$0$0$0$415,491$0$0$0
Jess Goode
Vice President$220,877$0$0$0$470$0$0$0$0$0$221,347$0$0$0
Anthony D'Amato
Vice Pres, Genr'l Cnsl & Sec$253,450$0$0$0$810$0$23,198$0$7,089$0$284,547$0$0$0
Betsy Hughes
Vice Pres, Inst Advancement$317,145$0$30,272$0$2,322$0$24,300$0$21,953$0$395,992$0$0$0
Michael Gosz
Assoc. Prof MMAE/VP Enrollment$253,369$0$0$0$1,242$0$23,556$0$20,479$0$298,646$0$0$0
Robert Brackett
Vice President/Professor$310,476$0$0$0$3,564$0$24,300$0$7,216$0$345,556$0$0$0
Edwin Watts
VP Admnstrn/Facilities/Pub Saf$261,242$0$0$0$16,823$0$24,300$0$877$0$303,242$0$0$0
Ophir Trigalo
Vice Provost, CIO$268,786$0$0$0$2,322$0$24,300$0$21,953$0$317,361$0$0$0
Darsh Wasan
Vice Pres & Motorola Professor$296,051$0$0$0$2,884$0$24,300$0$14,402$0$337,637$0$0$0
Natacha DePaola
Kaplan Dean of Engineering$390,786$0$0$0$20,322$0$24,300$0$21,765$0$457,173$0$0$0
John Bilson
Professor/Interim Dean$294,933$0$0$0$5,248$0$24,300$0$14,402$0$338,883$0$0$0
Harold Krent
Dean & Professor of Law$355,053$0$0$0$20,064$0$24,300$0$17,447$0$416,864$0$0$0
Eunice Santos
Chair/Hochsprung Chair$288,941$0$0$0$990$0$24,300$0$6,449$0$320,680$0$0$0
Heather Harper
Associate Clinical Professor$162,857$0$120,962$0$313$0$15,450$0$21,765$0$321,347$0$0$0
Hamid Arastoopour
Director, WISER/Professor$307,294$0$0$0$23,324$0$24,300$0$14,530$0$369,448$0$0$0
Mohammad Shahidehpour
Distinguished Bodine Professor$352,836$0$0$0$3,564$0$24,300$0$21,765$0$402,465$0$0$0
Sumanta Acharya
Professor & Department Chair$284,069$0$0$0$21,564$0$24,300$0$188$0$330,121$0$0$0
Wiel Arets
Professor-Former KE$304,081$0$0$0$3,377$0$24,300$0$0$0$331,758$0$0$0
Patrick Whitney
Steelcase/Robert Pew Professor-Former KE$159,010$0$59,000$0$19,319$0$16,236$0$13,653$0$267,218$0$0$0
Harvey Kahalas
Dean/Professor of Mgmt-Former KE$151,488$0$0$0$9,166$0$14,498$0$6,005$0$181,157$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 1a Health or social club dues or initiation feesFormAndLineReferenceDesc
ExplanationThe University provided membership dues for Alan Cramb, President, Frances Bronet, Provost and Russell Betts, Interim Provost to one business and one civic organization. These memberships served a business purpose that helped to support the mission of the University and were not treated as taxable compensation to the individual.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
ILLINOIS FINANCE AUTHORITY
A86109196745200FYX12009-07-22$29,381,972RENOVATION OF FACILITIESfalsefalsefalse
ILLINOIS FINANCE AUTHORITY
B86109196745200BYH52006-03-23$156,502,991REFINANCE & FACILITY RENOVATIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$4,560,000$0$29,489,371$2,816,505$0$0$587,637$0$0$24,039,772$2,045,456$02011falsefalseYes (true)Yes (true)
B$19,895,000$0$156,502,991$0$0$1,418,858$0$0$51,378,575$103,705,558$02008Yes (true)Yes (true)Yes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
Afalsefalsefalsefalse0.00.00.0falsefalseYes (true)
Bfalsefalsefalsefalse0.00.00.0falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
AfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)
BfalsefalsefalseYes (true)falsefalsefalsefalseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, Line 3 All listed bonds on Schedule K.If the total proceeds of the issue exceeds the issue price of the respective bond, the difference is due to investment earnings. Earnings are included in the total proceeds of each issue.
Schedule K, Part IV, Line 2c COLUMN AIssuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 02/19/2014
Schedule K, Part IV, Line 2c COLUMN BIssuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 01/27/2011

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
M ELLEN MITCHELL
SPOUSE OF A CURRENT TRUSTEE$179,445EMPLOYMENTfalse
POWER UJAMAA 3 LLC
ENTITY MORE THAN 35% OWNED BY FAMILY MEMBERS OF ALVIN L. GORMAN, TRUSTEE.$19,559,836INDEPENDENT CONTRACTORfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part IV BUSINESS TRANSACTIONS WITH INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationBUSINESS TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L, PART IV THE TRANSACTIONS LISTED IN SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS, WERE CONSISTENT WITH THE CONFLICT OF INTEREST POLICY DESCRIBED IN SCHEDULE O. ILLINOIS INSTITUTE OF TECHNOLOGY REQUIRES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY FOR ALL BUSINESS TRANSACTIONS WITH INTERESTED PERSONS. IN FY 2018, BRYAN R. DUNN, TRUSTEE OF THE UNIVERSITY, WAS MARRIED TO M. ELLEN MITCHELL, WHO WAS A PROFESSOR IN THE DEPARTMENT OF PSYCHOLOGY OF THE LEWIS COLLEGE. IN FY 2018, TRUSTEE ALVIN L. GORMAN'S FAMILY MEMBERS HAD AN OWNERSHIP INTEREST IN POWER UJAMAA 3 LLC WHICH WAS AWARDED A CONTRACT, PURSUANT TO AN RFP, TO CONSTRUCT A CAMPUS INNOVATION CENTER. PAYMENTS FOR THIS CONSTRUCTION WERE MADE FROM TEMPORARILY RESTRICTED GIFTS THAT WERE RECEIVED AS A RESULT OF AN INTERNAL CAPITAL CAMPAIGN.ExplanationTxt

Schedule M IRS990ScheduleM

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$5,451NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution55ContributionCnt
Noncash Contributions Rpt F990$2,765,629NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)8" Celestron telescope1$1,200Market value
Yes (X)Balloons1$209Cost
Yes (X)Printer1$191Market value
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule M, Part I Explanations of reporting method for number of contributionsFormAndLineReferenceDesc
ExplanationSecurities - Publicly traded - number of contributions Books and publications - number of items received Other - 8" Celestron telescope number of contributions Other - Balloons number of contributions Other - Printer number of contributionsExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 7a UNRELATED BUSINESS INCOMETHE FORM 990-T SHOWS UNRELATED BUSINESS INCOME IN THE AMOUNT OF $266,319. THIS AMOUNT INCLUDES DISALLOWED TRANSPORTATION FRINGE BENEFITS OF $123,062, WHICH IS NOT REFLECTED ON PART VIII, COLUMN C. AS A RESULT, PART I, LINE 7A IS $143,257.
Form 990, Part III, Line 4d Description of other program services(Expenses $ 18,636,575 including grants of $)(Revenue $ 19,304,353) STUDENT SERVICES:- This program provides health, academic, career services, transitional assistance, student orientation and other student services including the student finance center, admissions, and registration.
Form 990, Part III, Line 4d Description of other program services(Expenses $ 14,702,495 including grants of $)(Revenue $ 8,585,958) ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Academic Resource Center office offers several programs that provide peer tutoring, exam reviews, advising and counseling.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeAs stated in Article 5, Section 5 of the organizations By-Laws, there shall be an Executive Committee of the Board of Trustees. With the caveat that the Board of Trustees may override the Executive Committee and except as otherwise provided in Article 5, Section 6, the Board of Trustees delegates to the Executive Committee all the powers vested in the Board of Trustees by law or by these Bylaws in the management of the property, business and affairs of the corporation. The Executive Committee shall include, as ex officio members, the Chair of the Board, the immediate past Chair, any Vice Chairs, the Chairs of all committees listed in Article 5, Sections 3 and 4, and the President. If the Chair of the Board of the IIT Alumni Association is a regularly elected or life trustee, then that individual shall be an ex officio member of the Executive Committee for the term of his or her office as Chair of the Board of the IIT Alumni Association. Up to eight additional members of the Executive Committee shall be elected for three-year terms by the Board of Trustees from the regularly elected members of the Board.
Form 990, Part VI, Line 2 Family/business relationships amongst interested personsA. Steven Crown, James Dugan, Craig J. Duchossois, and Kevin Willer - Business relationship, BRYAN R. DUNN, M. ELLEN MITCHELL - Family relationship, James R. Gagnard, Efthimios S. Stojka - Business relationship, Patrick J. Kelly, James E. Cowie, Craig J. Duchossois - Business relationship, Victor A. Morgenstern and Anita M. Nagler - Business relationship, Kevin Willer, Craig J. Duchossois, A. Steven Crown, and Richard N. Levy - Business relationship, John W. Rowe, James R. Gagnard, Efthimios J. Stojka - Business relationship, Eric C. Larson and Craig J. Duchossois - Business relationship
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE FORM 990 IS REVIEWED BY THE VP FINANCE, CFO & TREASURER, AVP FINANCE & CONTROLLER, ASSOCIATE CONTROLLER, AND BY THE VP GENERAL COUNSEL & SECRETARY. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS PRESENTED TO THE AUDIT AND COMPLIANCE COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD OF TRUSTEES) FOR REVIEW. WHEN THIS REVEIW IS COMPLETED, IT IS PUT ON A TRUSTEE WEBSITE GIVING ALL THE TRUSTEES THE OPPORTUNITY TO REVIEW. ONCE ALL REVIEWS ARE COMPLETED, THE VP FINANCE, CFO & TREASURER SIGNS THE FORM 990.
Form 990, Part VI, Line 12c Conflict of interest policyON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES AND TRUSTEES ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. GENERAL COUNSEL MONITORS THE EMPLOYEES AND TRUSTEES THAT HAVE REVIEWED THE POLICY AND DOCUMENTS THE CONFLICT OF INTEREST INSTANCES.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE BOARD OF TRUSTEES HAS ESTABLISHED AN INDEPENDENT COMPENSATION COMMITTEE THAT IS RESPONSIBLE FOR RECOMMENDING THE PRESIDENT'S (CEO) SALARY. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING SELECTED UNIVERSITIES HAVING SIMILAR STUDENT ENROLLMENTS AND PROGRAMS. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE COMMITTEE AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE COMMITTEE MAY RECOMMEND AN ADJUSTMENT TO THE PRESIDENT'S SALARY. AFTER THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION COMMITTEE RECOMMENDATIONS, IT VOTES TO APPROVE THE COMPENSATION.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesThe authority to recommend the annual salaries of the Vice Presidents and other senior officers is delegated to an independent Compensation Committee by the Board of Trustees. The Committee obtains comparative analyses and studies from the Human Resource department with respect to compensation of similar organizations to ensure that the University's compensation is comparable. After the Executive Committee reviews the compensation committee recommendations, it votes to approve the compensation.
Form 990, Part VI, Line 19 Required documents available to the publicFINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE LOCATED ON THE ILLINOIS INSTITUTE OF TECHNOLOGY'S WEBSITE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesCHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS - 1195073; CHANGE IN ASSET RETIREMENT OBLIGATION, NET - 325402; GAIN ON CANCELLATION OF BROADBAND LICENSE - 65000000; GRANT FUNDS RETURNED - -460735; STOCK GIFT WRITE-OFF - -420628; OTHER, NET - 28800;
Form 990, Part XII, Line 2b CONSOLIDATED AUDIT REPORTTHE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS AND NO SEPARATE COMPANY AUDIT REPORT IS AVAILABLE.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1IIT RESEARCH INSTITUTEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 WEST 35TH STREETAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60616ZIPCd
FieldValueIRS element (for citing)
EIN362169122EIN
Primary ActivitiesRESEARCHPrimaryActivitiesTxt
Legal Domicile StateILLegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status11PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ILLINOIS INSTITUTE OF TECHNOLOGYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtAddress Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
PERPETUAL TRUST (5) BENEFICIAL INTEREST IN DONOR TRUSTS
C/O IIT 3424 SOUTH STATE STREETTC-4 FLCHICAGOIL60616DISTRIBUTION OF TRUST ASSETS TO BENEFICIARIESN/ATrust
ILLINOIS INSTITUTE OF TECHNOLOGY (INDIA) PRIVATE LTD
FACILITATES EDUCATIONAL PROGRAMSC Corporation677 16th Main 6 A Cross 3rd BlockKoramangala Behind BDA complexBANGALOREIN560034INILLINOIS INSTITUTE OF TECHNOLOGY$323,264$191,7041Yes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgYes (true)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
IIT India
P$121,208FMV
IIT Research Institute
A$262,915FMV
IIT Research Institute
L$198,789FMV
IIT Research Institute
P$2,000,276FMV