ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE (EIN 36-2181973)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-09
- IRS object ID
- 201911299349302216
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-05-09T18:30:12-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | 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 | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362181973 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rosalind Franklin University of Medicine and Science | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROSA | BusinessNameControlTxt |
| Phone | 8475783000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Green Bay Road | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN NYLEN | PersonNm |
| Person Title | VP OF FINANCE AND ADMINISTRATION | PersonTitleTxt |
| Signature | 2019-05-09 | 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 | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wendy Rheault | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Green Bay Road | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $123,853,124 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.rosalindfranklin.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | The mission of Rosalind Franklin University is to serve the nation through the interprofessional education of health and biomedical professionals and the discovery of knowledge dedicated to improving the health of its people. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 1351 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | -$3,406 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $16,178,006 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,974,127 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $92,312,521 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $96,533,538 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,936,793 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,100,646 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,113,974 | PYOtherRevenueAmt |
| CY Other Revenue | $1,340,304 | CYOtherRevenueAmt |
| PY Total Revenue | $113,541,294 | PYTotalRevenueAmt |
| CY Total Revenue | $118,948,615 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $6,429,937 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $8,981,918 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $71,503,560 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $73,169,938 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $816,731 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $36,290,921 | PYOtherExpensesAmt |
| CY Other Expenses | $37,728,459 | CYOtherExpensesAmt |
| PY Total Expenses | $114,224,418 | PYTotalExpensesAmt |
| CY Total Expenses | $119,880,315 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$683,124 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$931,700 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $243,505,209 | TotalAssetsBOYAmt |
| Total Assets EOY | $247,271,064 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $111,137,608 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $113,231,602 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $132,367,601 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $134,039,462 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Private research university with approximately 2,100 students enrolled in four colleges on a campus located in North Chicago, Illinois. Founded in 1911, RFUMS began as the Chicago Medical School and has grown to include the Dr. William M. Scholl College of Podiatric Medicine, The College of Health Professions and The College of Pharmacy. The mission of RFUMS is to serve the nation through the education of health and biomedical professionals and the discovery of knowledge dedicated to improving the health of its people. The University's mission is uniquely accomplished with a focus on interprofessional education, community service and research. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $68,581,741 | ExpenseAmt |
| Grant | $8,981,918 | GrantAmt |
| Revenue | $88,045,499 | RevenueAmt |
| Desc | INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN 2017, RFUMS TRAINED APPROXIMATELY 2,145 STUDENTS. THE CHICAGO MEDICAL SCHOOL HAD 788 ENROLLED AND ACTIVE STUDENTS. THE COLLEGE OF HEALTH PROFESSIONS HAD 714 STUDENTS ENROLLED IN FIFTEEN PROGRAMS. THE SCHOLL COLLEGE OF PODIATRIC MEDICINE HAD 343 STUDENTS. THE COLLEGE OF PHARMACY HAD 217 STUDENTS. THE SCHOOL OF GRADUATE AND POST-DOCTORATE STUDIES HAD 29 STUDENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $22,112,177 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROCESS GENERAL LAB TESTS AND SPECIALIZED LAB TESTS FOR REPRODUCTIVE IMMUNOLOGY. THE SCHOLL FOOT & ANKLE CENTER AT THE ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS (RFUHC) IS A FULLY FUNCTIONING PODIATRY CLINIC THAT ALSO SERVES AS A TRAINING FACILITY FOR STUDENTS FROM THE DR. WILLIAM M. SCHOLL COLLEGE OF PODIATRIC MEDICINE. SECOND- AND THIRD-YEAR PODIATRY STUDENTS COMPLETE REQUIRED CLERKSHIPS AT THE SCHOLL FOOT & ANKLE CENTER, DURING WHICH TIME THE STUDENTS PARTICIPATE IN DIRECT PATIENT CARE AND DEVELOP PROFICIENCY IN THE ASSESSMENT, DIAGNOSIS AND TREATMENT OF PODIATRIC MALADIES. ALL STUDENTS ARE SUPERVISED IN THE CLINIC BY LICENSED PODIATRIC PHYSICIANS FROM SCHOLL COLLEGE OF PODIATRIC MEDICINE. ADDITIONALLY, FOURTH-YEAR MEDICAL STUDENTS FROM THE CHICAGO MEDICAL SCHOOL COMPLETE SENIOR ELECTIVE CLERKSHIPS IN PSYCHIATRY AT THE RFUHC BEHAVIORAL HEALTH CENTER, A FULLY FUNCTIONING OUTPATIENT BEHAVIORAL HEALTH CLINIC PROVIDING PSYCHIATRIC AND PSYCHOLOGICAL SERVICES. THE STUDENTS OBSERVE AND PARTICIPATE IN DIRECT PATIENT CARE AND DEVELOP PROFICIENCY IN THE ASSESSMENT, DIAGNOSIS AND TREATMENT OF BEHAVIORAL HEALTH DISORDERS. ALL STUDENTS ARE SUPERVISED BY LICENSED PSYCHIATRISTS FROM THE CHICAGO MEDICAL SCHOOL. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,346,935 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,221,309 | RevenueAmt |
| Desc | RESEARCH - A CORE COMPONENT OF THE UNIVERSITY'S MISSION IS THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF THE NATION'S PEOPLE. IN ADDITION TO INSTRUCTION, MANY OF THE UNIVERSITY FACULTY ENGAGE IN UNIVERSITY-FUNDED AND EXTERNALLY FUNDED RESEARCH PROJECTS. PRIMARY AREAS OF RESEARCH FOCUS INCLUDE: STRUCTURAL BIOLOGY/ BIOCHEMISTRY, NEUROSCIENCES, AND CANCER/CELL/DEVELOPMENT BIOLOGY. EXTERNAL FUNDING COMES FROM THE NATIONAL INSTITUTE OF HEALTH AND ORGANIZATIONS SUCH AS THE AMERICAN DIABETES ASSOCIATION, THE AMERICAN CANCER SOCIETY AND THE AMERICAN HEART ASSOCIATION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,651,460 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $5,595,688 | RevenueAmt |
| Desc | OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $4,651,460 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $5,595,688 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $99,692,313 | 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 | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | 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 | false | 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 | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 2964 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1351 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | 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 | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN NYLEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8475783000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1Txt |
| City | North Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600643095 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Frank H Mynard | |||||||||
| Chair | 1.0 | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Elizabeth Coulson | |||||||||
| Vice Chair/Trustee | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Pamela Scholl | |||||||||
| Trustee/Secretary | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Michael C Foltz | |||||||||
| Treasurer/Trustee | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Dr Michael K Welch | |||||||||
| President & CEO/Trustee | 39.0 | 1.0 | Yes (X) | Yes (X) | $820,921 | $0 | $60,052 | ||
| Rosalind Franklin Jekowsky | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alan Weinstein | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Lawyer L Burks III | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Allan Cohen | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sarah Garber | |||||||||
| Faculty/Trustee | 40.0 | 0.0 | Yes (X) | $147,327 | $0 | $36,073 | |||
| Thomas G Moore | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Gail Warden | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| David Leach | |||||||||
| Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Cheryl Kraff-Cooper | |||||||||
| Trustee | 1.0 | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Judith Potashkin | |||||||||
| Faculty /Trustee | 40.0 | 0.0 | Yes (X) | $159,772 | $0 | $46,941 | |||
| Sandra Bruce | |||||||||
| Trustee (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Elder Granger | |||||||||
| Trustee (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Franklin D Pratt | |||||||||
| Trustee (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Carey Strom | |||||||||
| Trustee (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jack W Hutter | |||||||||
| Trustee (Partial Year) | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Wendy Rheault | |||||||||
| Provost | 40.0 | 0.0 | Yes (X) | $421,841 | $0 | $39,273 | |||
| John Nylen | |||||||||
| CFO | 30.0 | 10.0 | Yes (X) | $348,561 | $0 | $28,347 | |||
| Joseph X DiMario | |||||||||
| Dean | 40.0 | 0.0 | $212,092 | $0 | $33,897 | Yes (X) | |||
| Ronald Kaplan | |||||||||
| VP Research | 40.0 | 0.0 | $328,051 | $0 | $47,738 | Yes (X) | |||
| Marc Abel | |||||||||
| Dean | 40.0 | 0.0 | $239,893 | $0 | $55,260 | Yes (X) | |||
| Judith Stoecker | |||||||||
| VP Faculty Affairs | 40.0 | 0.0 | $191,820 | $0 | $27,373 | Yes (X) | |||
| Nancy Parsley | |||||||||
| Dean | 40.0 | 0.0 | $279,406 | $0 | $32,871 | Yes (X) | |||
| James Record | |||||||||
| Dean | 40.0 | 0.0 | $539,514 | $0 | $48,732 | Yes (X) | |||
| Dr Stuart Goldman | |||||||||
| Executive Chair of Clinic Science/Professor | 40.0 | 0.0 | $425,604 | $0 | $58,471 | Yes (X) | |||
| Michael Zdon | |||||||||
| Department Chair | 40.0 | 0.0 | $338,647 | $0 | $44,809 | Yes (X) | |||
| Nutan Atre-Vaidya | |||||||||
| Sr Assoc. Dean for Academic Learning, Chair of Psy | 40.0 | 0.0 | $325,992 | $0 | $44,911 | Yes (X) | |||
| Marina Wolf | |||||||||
| Professor & Chair | 40.0 | 0.0 | $264,193 | $0 | $40,634 | Yes (X) | |||
| Robert Bridges | |||||||||
| Professor and Director of Cystic Fibrosis Research | 40.0 | 0.0 | $258,968 | $0 | $57,779 | Yes (X) | |||
| Jeanette Morrison | |||||||||
| Associate Dean Medical Affairs | 40.0 | 0.0 | $257,319 | $0 | $39,449 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,559,921 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $742,610 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 175 | 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 (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Harvard Maintenance Inc | |||||
| 525 Lively Boulevard | Elk Grove Village | IL | 60007 | Janitorial Svcs | $1,276,938 |
| Midwest Diagnostic Pathology | |||||
| 1775 Dempster Street | Park Ridge | IL | 60068 | Lab Svcs | $827,132 |
| Woodlands On Green Bay Apartments | |||||
| 1246 Remington Rd | Schaumberg | IL | 60173 | Student housing svcs | $541,120 |
| Ellucian | |||||
| 1246 Remington Rd | schaumberg | IL | 60173 | ERP Svcs | $424,410 |
| Balanced Environment Inc | |||||
| 17950 West Route 173 | Old Mill Creek | IL | 60083 | Landscaping | $368,431 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 15 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Government Grants | $9,951,028 | GovernmentGrantsAmt |
| All Other Contributions | $9,023,099 | AllOtherContributionsAmt |
| Total Contributions | $18,974,127 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Tuition & Fees | 611310 | $88,045,499 | $88,045,499 |
| Patient care | 621400 | $5,884,874 | $5,884,874 |
| Student housing revenue | 611310 | $2,487,755 | $2,487,755 |
| Income from Student Loan Interest | 611310 | $115,410 | $115,410 |
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 | $96,533,538 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,922,592 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$3,482 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,926,074 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,346 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $11,346 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,346 | TotalRevenueColumnAmt |
| Exclusion | $11,346 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,082,563 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,904,509 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $178,054 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178,054 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $76 | UnrelatedBusinessRevenueAmt |
| Exclusion | $177,978 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Compound Testing - Lab | 621500 | $708,650 | $708,650 |
| Transcript and registration fees | 900099 | $52,993 | $52,993 |
| Book Store sales | 900099 | $159,887 | $159,887 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $407,428 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $407,428 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,328,958 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $118,948,615 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $97,862,496 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$3,406 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,115,398 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,981,918 | TotalAmt |
| Program Services | $8,981,918 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,941,529 | TotalAmt |
| Program Services | $1,901,853 | ProgramServicesAmt |
| Management And General | $1,885,431 | ManagementAndGeneralAmt |
| Fundraising | $154,245 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,464 | TotalAmt |
| Program Services | $120,037 | ProgramServicesAmt |
| Management And General | $73,427 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,360,354 | TotalAmt |
| Program Services | $46,415,185 | ProgramServicesAmt |
| Management And General | $7,738,575 | ManagementAndGeneralAmt |
| Fundraising | $206,594 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,549,947 | TotalAmt |
| Program Services | $3,098,989 | ProgramServicesAmt |
| Management And General | $443,131 | ManagementAndGeneralAmt |
| Fundraising | $7,827 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,000,717 | TotalAmt |
| Program Services | $6,063,100 | ProgramServicesAmt |
| Management And General | $865,004 | ManagementAndGeneralAmt |
| Fundraising | $72,613 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,123,927 | TotalAmt |
| Program Services | $3,469,476 | ProgramServicesAmt |
| Management And General | $624,734 | ManagementAndGeneralAmt |
| Fundraising | $29,717 | 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 | $975,105 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $975,105 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $394,417 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $394,417 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $21,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $109,667 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $109,667 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,946,046 | TotalAmt |
| Program Services | $7,248,473 | ProgramServicesAmt |
| Management And General | $665,045 | ManagementAndGeneralAmt |
| Fundraising | $32,528 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $739,681 | TotalAmt |
| Program Services | $136,009 | ProgramServicesAmt |
| Management And General | $603,672 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,348,695 | TotalAmt |
| Program Services | $6,956,463 | ProgramServicesAmt |
| Management And General | $319,899 | ManagementAndGeneralAmt |
| Fundraising | $72,333 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,762,484 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,762,484 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,127,129 | TotalAmt |
| Program Services | $5,787,770 | ProgramServicesAmt |
| Management And General | $134,910 | ManagementAndGeneralAmt |
| Fundraising | $204,449 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,046,607 | TotalAmt |
| Program Services | $905,573 | ProgramServicesAmt |
| Management And General | $121,237 | ManagementAndGeneralAmt |
| Fundraising | $19,797 | 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 | $302,756 | TotalAmt |
| Program Services | $272,780 | ProgramServicesAmt |
| Management And General | $27,123 | ManagementAndGeneralAmt |
| Fundraising | $2,853 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,759,929 | TotalAmt |
| Program Services | $2,246,617 | ProgramServicesAmt |
| Management And General | $513,312 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,673,691 | TotalAmt |
| Program Services | $5,428,405 | ProgramServicesAmt |
| Management And General | $1,245,286 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $796,027 | TotalAmt |
| Program Services | $56,607 | ProgramServicesAmt |
| Management And General | $739,420 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Equipment and Maintenance | $44,528 | $20,961 | $22,961 | $606 |
| Bond Fees | $54,041 | $43,957 | $10,084 | $0 |
| Membership Expenses | $534,451 | $481,747 | $45,944 | $6,760 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,205 | TotalAmt |
| Program Services | $56,393 | ProgramServicesAmt |
| Management And General | $29,403 | ManagementAndGeneralAmt |
| Fundraising | $6,409 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,880,315 | TotalAmt |
| Program Services | $99,692,313 | ProgramServicesAmt |
| Management And General | $19,371,271 | ManagementAndGeneralAmt |
| Fundraising | $816,731 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,063,472 | BOYAmt |
| EOY | $11,096,398 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,293 | BOYAmt |
| EOY | $26,801 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,047,065 | BOYAmt |
| EOY | $953,827 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,286,979 | BOYAmt |
| EOY | $6,470,961 | 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) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,551,022 | BOYAmt |
| EOY | $8,024,395 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,413,837 | BOYAmt |
| EOY | $2,564,486 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $217,380,786 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $105,844,346 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,712,919 | BOYAmt |
| EOY | $111,536,440 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,768,770 | BOYAmt |
| EOY | $58,625,968 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,069,753 | BOYAmt |
| EOY | $28,398,253 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $915,264 | BOYAmt |
| EOY | $1,172,570 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,618,835 | BOYAmt |
| EOY | $18,400,965 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,505,209 | BOYAmt |
| EOY | $247,271,064 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,692,681 | BOYAmt |
| EOY | $16,983,074 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,043,044 | BOYAmt |
| EOY | $6,191,574 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,625,000 | BOYAmt |
| EOY | $62,390,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $3,871,114 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,776,883 | BOYAmt |
| EOY | $23,795,840 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,137,608 | BOYAmt |
| EOY | $113,231,602 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,100,129 | BOYAmt |
| EOY | $119,065,348 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,325,141 | BOYAmt |
| EOY | $6,715,239 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,942,331 | BOYAmt |
| EOY | $8,258,875 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,367,601 | BOYAmt |
| EOY | $134,039,462 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,505,209 | BOYAmt |
| EOY | $247,271,064 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$931,700 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,686,358 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $0 | DonatedServicesAndUseFcltsAmt |
| Prior Period Adjustments | $0 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | -$1,082,797 | 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $18,148,911 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,687,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,591,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,178,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,974,127 | CurrentTaxYearAmt |
| Total | $90,579,872 | 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 | $18,148,911 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,687,752 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,591,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,178,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,974,127 | CurrentTaxYearAmt |
| Total | $90,579,872 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $90,579,872 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,118,127 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,536,899 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,868,724 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,259,896 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,937,420 | CurrentTaxYearAmt |
| Total | $9,721,066 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $3,321 | CurrentTaxYearAmt |
| Total | $3,321 | TotalAmt |
Other Income170 OtherIncome170Grp
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $100,304,259 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $462,769,764 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.9031 | PublicSupportCY170Pct |
| Public Support PY170 | 0.9183 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | 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 | $21,000 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $21,000 | 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 | The University's lobbying expenses represent fees paid to a government relations consultant who works with the organization on its relations with state elected officials in Springfield. The consultant has facilitated meetings with state legislators, kept the organization apprised of legislation that impacts higher education, and apprised the organization of potential state funding opportunities. |
| Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | The University's lobbying expenses represent fees paid to a government relations consultant who works with the organization on its relations with state elected officials in Springfield. The consultant has facilitated meetings with state legislators, kept the organization apprised of legislation that impacts higher education, and apprised the organization of potential state funding opportunities. |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $81,185,863 | BeginningYearBalanceAmt |
| Contributions | $4,508,114 | ContributionsAmt |
| Investment Earnings Or Losses | $5,684,524 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $259,627 | GrantsOrScholarshipsAmt |
| Other Expenditures | $8,046,310 | OtherExpendituresAmt |
| End Year Balance | $83,072,564 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,928,980 | BeginningYearBalanceAmt |
| Contributions | $5,280,607 | ContributionsAmt |
| Investment Earnings Or Losses | $8,173,494 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $226,461 | GrantsOrScholarshipsAmt |
| Other Expenditures | $5,970,757 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $81,185,863 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $74,432,034 | BeginningYearBalanceAmt |
| Contributions | $4,014,251 | ContributionsAmt |
| Investment Earnings Or Losses | -$993,832 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $211,504 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,311,969 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $73,928,980 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $70,089,700 | BeginningYearBalanceAmt |
| Contributions | $4,123,762 | ContributionsAmt |
| Investment Earnings Or Losses | $448,546 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $260,954 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$30,980 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $74,432,034 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $64,190,162 | BeginningYearBalanceAmt |
| Contributions | $2,809,742 | ContributionsAmt |
| Investment Earnings Or Losses | $6,466,942 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $478,772 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,898,374 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $70,089,700 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.8938 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.0982 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.008 | 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 | $15,224,757 | OtherCostOrOtherBasisAmt |
| Book Value | $15,224,757 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $143,912,671 | OtherCostOrOtherBasisAmt |
| Depreciation | $68,613,940 | DepreciationAmt |
| Book Value | $75,298,731 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,600,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $2,600,000 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,095,708 | OtherCostOrOtherBasisAmt |
| Depreciation | $37,230,406 | DepreciationAmt |
| Book Value | $9,865,302 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,547,650 | OtherCostOrOtherBasisAmt |
| Depreciation | $0 | DepreciationAmt |
| Book Value | $8,547,650 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $111,536,440 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Real Assets | $2,406,016 | F |
| private equity | $1,100,576 | F |
| hedge funds | $24,891,661 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $28,398,253 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM RELATED ORGANIZATION | Desc |
| Book Value | $18,400,965 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $18,400,965 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Equity in student loan program | $7,147,453 |
| Postretirement healthcare benefits | $16,648,387 |
| Interest rate swap agreement | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $23,795,840 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The University's endowment is comprised of both donor-restricted and board-designated funds. The Investment Committee of the Board of Trustees provides oversight over the investment of those endowment funds by establishing policies and procedures concerning the management of endowment funds. Investment is consistent with the Uniform Prudent Management of Institutional Fund Act (UPMIFA). RFUMS has adopted a Total Return Spending Policy, which allocates an amount annually to be utilized according to donor restrictions or for advancing the University's mission in unfunded areas. The majority of donor-restricted funds provide scholarships and student aid. Funds generated by board-designated funds are used to support strategic initiatives and to provide general operating support. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The University has received a favorable letter of determination from the Internal Revenue Service concerning its tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. The University files a Form 990 annually. When these returns are filed , it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the tax position taken or the amount of the position that would ultimately be sustained. Examples of tax positions common to universities include such matters as the following: the tax exempt status of each entity and various positions relative to potential sources of unrelated business income tax (UBIT). UBIT is reported on Form 990-T, as appropriate. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes that it is more likely than not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. Tax positions are not offset or aggregated with other positions. Tax positions that meet the "more likely than not" recognition threshold are measured as the largest amount of tax benefit that is more than 50% likely to be realized on settlement with the applicable taxing authority. The portion of the benefits associated with tax positions taken that exceeds the amount measured as described above would be reflected as a liability for uncertain tax benefits in the accompanying statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. As of June 30, 2018 and 2017, there were no uncertain tax positions identified. The University does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. Forms 990 and 990-T filed by the University are subject to the examination by the IRS up to three years from the extended due date of each return. Management believes the Forms 990 and 990-T have been filed appropriately. The University would recognize interest and penalties related to unrecognized tax positions in interest and income tax expense, respectively. The University has no amounts accrued for interest or penalties as of June 30, 2018 and 2017. |
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 | Yes (true) | 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 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 | Announcements indicate that the University is open to everyone regardless of race, gender, color, or creed. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | Rosalind Franklin University of Medicine & Science applies for and receives research grants, as approved on a case by case basis, from various Federal agencies. The University also participates in Federal student aid programs for qualified students, specifically Perkins, Federal Direct Loan, Federal Work Study, and Health Profession Student Loans. The Federal grants and loans are reported in the University's A-133 Single Audit. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $31,443 |
| North America (Canada & Mexico only) | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $3,354 |
| East Asia and the Pacific | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $21,002 |
| Central America and the Caribbean | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $23,073 |
| South America | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $6,579 |
| Sub-Saharan Africa | 0 | 0 | Program Services | CONFERENCES AND MEETINGS | $12,793 |
| Central America and the Caribbean | 0 | 0 | Investments | $13,457,670 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $13,555,914 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $13,555,914 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule F, Part I, Line 3 METHOD TO ACCOUNT FOR EXPENDITURES ON ORGANIZATION'S FINANCIAL STATEMENTS | FormAndLineReferenceDesc |
| Explanation | ACCRUAL ACCOUNTING METHOD | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (4 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| TUITION WAIVERS | 786 | $5,044,683 |
| PRIVATE SCHOLARSHIPS | 428 | $3,056,556 |
| DEPT. OF DEFENSE SCHOLARSHIPS | 16 | $784,835 |
| DEPENDENT TUITION WAIVERS | 5 | $95,844 |
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 and scholarships are awarded to students via a direct reduction in their billed tuition for the term under which the grant or scholarship applies. The use of these grants and scholarships is limited in that monies can only be applied to tuition costs related to the specific RFUMS program a recipient is enrolled in. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (17 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Michael K Welch | ||||||||||||||
| President & CEO/Trustee | $781,921 | $0 | $0 | $0 | $39,000 | $0 | $27,000 | $0 | $33,052 | $0 | $880,973 | $0 | $0 | $0 |
| Sarah Garber | ||||||||||||||
| Faculty/Trustee | $147,327 | $0 | $0 | $0 | $0 | $0 | $15,845 | $0 | $20,228 | $0 | $183,400 | $0 | $0 | $0 |
| Judith Potashkin | ||||||||||||||
| Faculty /Trustee | $159,772 | $0 | $0 | $0 | $0 | $0 | $16,628 | $0 | $30,313 | $0 | $206,713 | $0 | $0 | $0 |
| Wendy Rheault | ||||||||||||||
| Provost | $421,841 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $12,273 | $0 | $461,114 | $0 | $0 | $0 |
| John Nylen | ||||||||||||||
| CFO | $348,561 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $1,347 | $0 | $376,908 | $0 | $0 | $0 |
| Joseph X DiMario | ||||||||||||||
| Dean | $212,092 | $0 | $0 | $0 | $0 | $0 | $21,732 | $0 | $12,165 | $0 | $245,989 | $0 | $0 | $0 |
| Ronald Kaplan | ||||||||||||||
| VP Research | $328,051 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $20,738 | $0 | $375,789 | $0 | $0 | $0 |
| Marc Abel | ||||||||||||||
| Dean | $239,893 | $0 | $0 | $0 | $0 | $0 | $24,900 | $0 | $30,360 | $0 | $295,153 | $0 | $0 | $0 |
| Judith Stoecker | ||||||||||||||
| VP Faculty Affairs | $191,820 | $0 | $0 | $0 | $0 | $0 | $19,500 | $0 | $7,873 | $0 | $219,193 | $0 | $0 | $0 |
| Nancy Parsley | ||||||||||||||
| Dean | $279,406 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $5,871 | $0 | $312,277 | $0 | $0 | $0 |
| James Record | ||||||||||||||
| Dean | $539,514 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $21,732 | $0 | $588,246 | $0 | $0 | $0 |
| Dr Stuart Goldman | ||||||||||||||
| Executive Chair of Clinic Science/Professor | $425,604 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $31,471 | $0 | $484,075 | $0 | $0 | $0 |
| Michael Zdon | ||||||||||||||
| Department Chair | $338,647 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $17,809 | $0 | $383,456 | $0 | $0 | $0 |
| Nutan Atre-Vaidya | ||||||||||||||
| Sr Assoc. Dean for Academic Learning, Chair of Psy | $325,992 | $0 | $0 | $0 | $0 | $0 | $27,000 | $0 | $17,911 | $0 | $370,903 | $0 | $0 | $0 |
| Marina Wolf | ||||||||||||||
| Professor & Chair | $264,193 | $0 | $0 | $0 | $0 | $0 | $26,982 | $0 | $13,652 | $0 | $304,827 | $0 | $0 | $0 |
| Robert Bridges | ||||||||||||||
| Professor and Director of Cystic Fibrosis Research | $258,968 | $0 | $0 | $0 | $0 | $0 | $26,745 | $0 | $31,034 | $0 | $316,747 | $0 | $0 | $0 |
| Jeanette Morrison | ||||||||||||||
| Associate Dean Medical Affairs | $257,319 | $0 | $0 | $0 | $0 | $0 | $18,886 | $0 | $20,563 | $0 | $296,768 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | RFUMS PROVIDES HOUSING FOR ITS PRESIDENT, DR. K. MICHAEL WELCH. THE COST ASSOCIATED WITH THIS BENEFIT WAS $39,000 AND WAS TREATED AS TAXABLE COMPENSATION. ACCORDINGLY, THIS COMPENSATION HAS BEEN INCLUDED IN W-2 WAGES. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | THE UNIVERSITY HAS AN AGREEMENT WITH DR. K. MICHAEL WELCH WHICH PROVIDES FOR A SUPPLEMENTAL RETIREMENT BENEFIT UPON HIS RETIREMENT. There were no contributions made during 2017. THE PLAN FULLY VESTS DURING 2018. |
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 Series 2017A | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 45204EVQ8 | CUSIPNum |
| Bond Issued | 2017-08-18 | BondIssuedDt |
| Issue Price | $55,075,000 | IssuePriceAmt |
| Purpose | REFUND 2003 & 2012 BONDS | 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 |
| Retired | $0 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $55,075,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $724,111 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Unspent | $54,350,889 | UnspentAmt |
| Current Refunding | Yes (true) | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| 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 |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | Yes (true) | 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 | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| JUNE MAYOR | |||
| WIFE OF KEY EMPLOYEE | $75,887 | EMPLOYEE OF THE UNIVERSITY | false |
| HERENA RECORD | |||
| James Record' wife | $17,965 | EMPLOYEE OF THE UNIVERSITY | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 7a UNRELATED BUSINESS INCOME | THE FORM 990-T SHOWS UNRELATED BUSINESS INCOME IN THE AMOUNT OF $7,967. THIS AMOUNT INCLUDES DISALLOWED TRANSPORTATION FRINGE BENEFITS OF $11,373, WHICH IS NOT REFLECTED ON PART VIII, COLUMN C. AS A RESULT, PART I, LINE 7A IS $(3,406). |
| Form 990, Part III, Line 4d Description of other program services | (Expenses $ 4,651,460 including grants of $ 0)(Revenue $ 5,595,688) OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | Per Article 5, Section 2a of the Organization's By-Laws, the Executive Committee shall, when the Board is not in session, exercise all authority of the Board of Trustees, except as may be prohibited under law. The Board shall be notified of all actions taken by the Executive Committee at the Board's next meeting. Prior to the Executive Committee taking material actions on behalf of the Board, notice should be made to all Trustees of the pending matter in sufficient time to allow the Trustees to seek a special meeting to address that pending matter. The Executive Committee should consist of the Chair of the Board (as Chair of the Executive Committee), the Vice Chair of the Board, the Treasurer, the Secretary, the President, the Chairs of the standing committees, and additional Trustees at the discretion of the Chair with Board approval. The total number of Trustees on the Executive Committee should be approximately one-third of the total number of Trustees on the Board. |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | The significant changes to the organizations By-Laws, amended on May 17, 2018, include: 1- Decreasing the total number of trustees from 20-25 to 15-20. 2- The term of the Chair and Vice Chair has been extended to two years, with the option to extend an additional year but not beyond a total of three years. 3- The nomination and education committee has been replaced by the Governance committee. This committees responsibilities include: ensuring the integrity of the board and enhancing board performance by establishing and maintaining standards of board conduct; identifying the expertise and experience needed by the board and, as appropriate, using this to recommend new board members; recommending slate of officers to the Executive Committee for Board approval; ensuring that board members have adequate orientation and ongoing education; assessing the performance of the board and board members; and recommending best practices with these bylaws and other board policies. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The organization's chief financial officer conducts a detailed review of the Form 990 in conjunction with RFUMS' outside independent tax preparer. A formal review of the full Form 990 is then conducted by the organization's officers, members of management and the independent Executive Committee of the Board of Trustees prior to filing with the Internal Revenue Service. Subsequent to this review, a copy of the Full Form 990 is distributed to each voting member of the Board of Trustees prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Line 12c Conflict of interest policy | RFUMS has written conflict of interest policies for members of the Board of Trustees and officers of the corporation. In addition, conflict of interest policies and disclosure requirements cover senior administration and faculty, and all investigators engaged in university-sponsored or externally funded research. On an annual basis, members of the groups noted are required to disclose any interests that could give rise to any conflicts and provide a list of any potential and actual conflicts. Board of Trustees and Officer Disclosure documents are monitored by the Executive Committee of the Board. All others are monitored by the University Chief Compliance Officer. In the event of a conflict of interest, the individual is required to disclose the conflict and is prohibited from participating as a member of a committee or board in the matter in which there is a conflict. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE TOTAL COMPENSATION PACKAGE OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS ESTABLISHED, APPROVED AND REVIEWED EACH YEAR BY THE ORGANIZATION'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND REPORTED TO THE FULL BOARD OF TRUSTEES. THE ORGANIZATIONAL COMPENSATION PHILOSOPHY IS TO COMPENSATE TOP MANAGEMENT AT THE 75TH PERCENTILE OR BELOW OF THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, BIENNIALLY THE BOARD RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN ACADEMIC HEALTHCARE. THE INDEPENDENT CONSULTANT CONDUCTS A MARKET SURVEY THAT PROVIDES THE BOARD WITH COMPARABILITY DATA FOR COMPENSATION FOR SIMILARLY QUALIFIED PERSONS AT SIMILAR ORGANIZATIONS. THE DECISIONS AND DELIBERATIONS REGARDING THE REVIEW AND APPROVAL OF THE TOP MANAGEMENT OFFICIAL'S COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IN JULY, 2018 |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | THE TOTAL COMPENSATION PACKAGE OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES IS ESTABLISHED, APPROVED AND REVIEWED EACH YEAR BY THE ORGANIZATION'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND REPORTED TO THE FULL BOARD OF TRUSTEES. THE ORGANIZATIONAL COMPENSATION PHILOSOPHY IS TO COMPENSATE THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES AT THE 75TH PERCENTILE OR BELOW OF THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, BIENNIALLY THE BOARD RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN ACADEMIC HEALTHCARE. THE INDEPENDENT CONSULTANT CONDUCTS A MARKET SURVEY THAT PROVIDES THE BOARD WITH COMPARABILITY DATA FOR COMPENSATION FOR SIMILARLY QUALIFIED PERSONS AT SIMILAR ORGANIZATIONS. THE DECISIONS AND DELIBERATIONS REGARDING THE REVIEW AND APPROVAL OF THE OTHER OFFICERS AND KEY EMPLOYEES' COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN FOR THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES IN JULY, 2018 |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. |
| Form 990, Part VII, Section A Compensation of Board Members | Sarah Garber is not compensated by RFUMS in her capacity as a board member, but does receive compensation in her capacity as a faculty member of the university. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | All Other Revenue - Total Revenue: 407428, Related or Exempt Function Revenue: 407428, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | UNREALIZED GAIN ON SWAP - -253628; POST RETIREMENT EXPENSE - -601729; POST RETIREMENT ACTUARIAL CHANGE - 677818; UNAMORTIZED BOND ISSUANCE COSTS - -905258; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1Txt |
| City | NORTH CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60064 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770691998 | EIN |
| Primary Activities | HEALTH CARE | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | Type I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RFUMS | 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 | Yes (true) | 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 | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS | ||
| D | $18,400,966 | TOTAL ACTUAL OUTSTANDING LOAN AT YEAR END |
| ROSALIND FRANKLIN UNIVERSITY HEALTH CLINICS | ||
| P | $550,411 | ACTUAL COST |