2019-06-14T16:38:23-05:00 2018-08-31 BKD LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2017-09-01 362515281 Adler University % DR RAYMOND GROSSMAN ADLE 3126624000 17 North Dearborn Street Chicago IL 60602 JEFFREY GREEN VP OF FINANCE 3126624000 2019-07-15 true Jody A Gauthier P00660430 6302829500 2019-07-15 167.68.126.162 15750420191655000016 2019-06-14 P 1BCFEA06A29A3C56B273F8918999403CFB49C2C2 ADCCD09262EF154B7A92B0019AAB504319DF82B8 2017 2019-02-21 02:37:17Z JEFFREY GREEN 17 North Dearborn Street Chicago IL 60602 43339032 false X WWW.ADLER.EDU X 1963 IL THE UNIVERSITY CONTINUES THE PIONEERING WORK OF ALFRED ADLER BY GRADUATING SOCIALLY RESPONSIBLE PRACTITIONERS, ENGAGING COMMUNITIES AND ADVANCING SOCIAL JUSTICE. 16 15 562 30 0 76665 2353940 1189765 38673105 38529307 76322 256696 23385 135613 41126752 40111381 2010838 2254950 0 0 22533851 22496008 0 0 761848 14642576 13884615 39187265 38635573 1939487 1475808 44760137 43918430 32146926 29822388 12613211 14096042 X THE UNIVERSITY CONTINUES THE PIONEERING WORK OF ALFRED ADLER BY GRADUATING SOCIALLY RESPONSIBLE PRACTITIONERS, ENGAGING COMMUNITIES AND ADVANCING SOCIAL JUSTICE. false false 27718673 2254650 38664920 ADLER UNIVERSITY IS A PRIVATE, NON-PROFIT INSTITUTION OF HIGHER EDUCATION THAT EDUCATES STUDENTS TO ENGAGE THE WORLD AND CREATE A MORE JUST SOCIETY. ESTABLISHED IN 1952, ADLER UNIVERSITY HAS ENROLLED MORE THAN 1,400 STUDENTS IN MASTERS AND DOCTORAL PROGRAMS UNIQUELY DESIGNED TO ADVANCE SOCIAL CHANGE THOUGH ITS CAMPUSES IN CHICAGO (IL), VANCOUVER(BC), AND ONLINE. ADLER UNIVERSITY IS ACCREDITED BY THE HIGHER LEARNING COMMISSION (HLC), AND ALL OF THE PROGRAMS AT THE VANCOUVER CAMPUS ARE OFFERED UNDER THE WRITTEN CONSENT OF THE BRITISH COLUMBIA MINISTER OF ADVANCED EDUCATION. 27718673 true true false false false false false false false true true false false false true false true false true true true false true false false false false false true true true false false false false false false false false false false false false false false false false false false false true 47 0 562 true true true true CA false false false false false false false false X 16 15 false false false false false false false true true false true true true true true true true true true false false X DR RAYMOND GROSSMAN 3126624000 17 N DEARBORN CHICAGO IL 60602 X Raymond E Crossman President 50.0 0.0 X X 796649 0 114845 Joy Macphail Vice Chair 5.0 0.0 X X 0 0 0 Betsy Brill Board Member 5.0 0.0 X 0 0 0 Renee Citera Board Member 5.0 0.0 X 0 0 0 Nicholas Delgado Left 1117 Board Member 5.0 0.0 X 0 0 0 Victoria Dinges Board Member 5.0 0.0 X 0 0 0 Jeanne Ettelson Board Member 5.0 0.0 X 0 0 0 Kim Foxx Board Member 5.0 0.0 X 0 0 0 Stephanie Gaines Board Member 5.0 0.0 X 0 0 0 Laurie Glenn Left 818 Board Member 5.0 0.0 X 0 0 0 Cindy Grauer Left 818 Board Member 5.0 0.0 X 0 0 0 Mark Heckler Board Member 5.0 0.0 X 0 0 0 Alison Hilsabeck Board Member 5.0 0.0 X 0 0 0 Grace Hou Board Member 5.0 0.0 X 0 0 0 Noland Joiner Board Member 5.0 0.0 X 0 0 0 Thomas O'Shaughnessy Board Member 5.0 0.0 X 0 0 0 Juan Salgado Board Member 5.0 0.0 X 0 0 0 David Sinski Board Member 5.0 0.0 X 0 0 0 Eric Warner Board Member 5.0 0.0 X 0 0 0 Jeffrey J Green Treasurer, VP Finance 50.0 0.0 X 272326 0 37795 Jo Beth Cup Secretary, VP Administration 50.0 0.0 X 220140 0 41890 Wendy Paszkiewicz VP Academic Affairs 50.0 0.0 X 212571 0 41406 Craig Hines VP Admissions 50.0 0.0 X 192131 0 28697 Greta Ferkel Exec. Dean, Online Campus 50.0 0.0 X 196128 0 19922 Mark Branson AVP, Mktg/Communications 50.0 0.0 X 170482 0 22122 Mary Jo Lamparski VP, Inst Advancement 50.0 0.0 X 180821 0 18615 Paul Collins AVP, Technology 50.0 0.0 X 141793 0 33862 2383041 0 359154 40 false true false Hotchalk Inc 1999 S Basco Ave CAMPBELL CA 95008 Education 2058013 Healthcare Service Corporation 300 E Randolph St CHICAGO IL 60601 Healthcare 1924577 Ond Property Llc 200 State Sreet BOSTON MA 02109 Building Maintenance 1430240 Validated Insights Inc 310 S Federal Street CHICAGO IL 60604 Digital Marketing 969009 Google Inc 320 N Morgan Street Suite 600 CHICAGO IL 60607 Marketing 725575 5 233725 956040 1189765 Tuition & Fees 611710 37628969 37628969 Contracts & Sponsored Activities 611710 556855 556855 Adler Community Health Services 611710 343483 343483 38529307 42166 42166 0 0 0 0 0 3442181 3227651 214530 214530 214530 0 0 0 0 0 0 0 0 0 Miscellaneous Revenue 900099 135613 135613 135613 40111381 38664920 256696 300 300 2073901 2073901 180749 180749 0 1719848 890499 829349 0 16655611 13296699 2895756 463156 1035243 785534 232543 17166 1968841 1614331 292865 61645 1116465 898344 193848 24273 862224 202413 620931 38880 247857 247857 374054 374054 0 0 16199 16199 795278 174525 570472 50281 2147169 6529 2140640 660960 365852 282782 12326 2120989 2023227 74001 23761 0 2260463 1989207 248651 22605 190920 130329 53183 7408 0 99482 87964 11518 774896 161550 611510 1836 0 1295782 1140288 142536 12958 269357 230218 37285 1854 INSTRUCTION COSTS 752221 726759 25462 Events 146888 116023 24114 6751 Bad Debt Expense 147716 18492 115299 13925 Dues & Memberships 164207 124379 37337 2491 557953 480561 76860 532 38635573 27718673 10155052 761848 1474 558 1059820 1641948 355913 276888 1920053 1428131 0 0 0 0 0 0 0 0 1351358 798852 43744514 8328066 36111081 35416448 2837869 3084750 0 0 0 0 0 0 1122569 1270855 44760137 43918430 2327339 1490940 0 0 3962894 3287379 17981906 17491712 0 0 0 0 5671245 5240625 0 0 2203542 2311732 32146926 29822388 X 11549661 13112469 965350 885373 98200 98200 12613211 14096042 44760137 43918430 1475808 7023 X false true X true true true X 98200 98200 98200 98200 81200 17000 98200 80000 1200 81200 5008 74992 80000 0.00000 1.00000 0.00000 false false 24702467 634794 24067673 11038486 2454841 8583645 7213923 5076421 2137502 789638 162010 627628 35416448 0 DEFERRED RENT 1157034 457B LIABILITY 1108822 457F LIABILITY 45876 1850025 37863754 7023 -2254650 -2247627 40111381 40111381 36380923 -2254650 -2254650 38635573 38635573 SCHEDULE D, PART V, LINE 4 THE ENDOWMENT IS CURRENTLY HELD IN AN INVESTMENT FUND. THE PORTFOLIO IS MANAGED BY MB FINANCIAL ADVISORS. THE UNIVERSITY'S INTENTION IS TO BUILD UP THIS FUND TO A SIGNIFICANT AMOUNT AND USE THE INTEREST TO FUND SCHOLARSHIPS FOR STUDENTS. SCHEDULE D, PART X, LINE 2 Management has evaluated their income tax positions under the guidance included in ASC 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements. SCHEDULE D, PART XI, LINE 2D Scholarships $2,254,650 SCHEDULE D, PART XII, LINE 2d Scholarships $2,254,650 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE POLICY IS STATED IN THE INSTITUTIONS CATALOG. BASED ON THE POLICY OF ADLER UNIVERSITY, ALL PERSONS ARE ENTITLED TO EQUAL EMPLOYMENT OPPORTUNITY (EEO) PROTECTION. THE UNIVERSITY DOES NOT DISCRIMINATE AGAINST ANY INDIVIDUAL FOR EMPLOYMENT BECAUSE OF AGE, RELIGION, RACE, COLOR, GENDER, GENDER IDENTITY, SEXUAL ORIENTATION, NATIONAL ORIGIN, ANCESTRY MARITAL STATUS, PHYSICAL OR MENTAL DISABILITY, MILITARY STATUS (INCLUDING UNFAVORABLE DISCHARGE FROM THE MILITARY) OR ANY OTHER CATEGORY PROTECTED BY FEDERAL, STATE, OR LOCAL LAW. SCHEDULE E, PART I, LINE 6A THE UNIVERSITY PARTICIPATES IN THE FEDERAL COLLEGE WORK STUDY AND DIRECT LOAN PROGRAMS. true North America 1 82 Program Services EDUCATION 5642293 North America Grantmaking SCHOLARSHIPS 178816 1 82 1 82 5821109 5821109 SCHOLARSHIPS North America 46 180749 SCHOLARSHIP false false false false false false SCHEDULE F, PART I, LINE 2 STUDENTS MUST HAVE APPLIED FOR ADMISSION TO THE UNIVERSITY. SCHOLARSHIPS ARE RESERVED FOR FULL-TIME STUDENTS. STUDENTS MUST MAINTAIN SATISFACTORY PROGRESS TO MAINTAIN ELIGIBILITY. GRANTS ARE AWARDED BY THE OFFICE OF ADMISSIONS, BASED ON VARIOUS CRITERIA INCLUDING DIVERSITY, COMMITMENT TO SOCIAL JUSTICE, AND INDIVIDUAL MERIT. THE OFFICE OF ADMISSIONS MAINTAINS THE RECORDS OF THESE AWARDS AND DETERMINES STUDENTS' ELIGIBILITY. THE GRANTS APPLIED DIRECTLY TO THE STUDENTS' ACCOUNTS. true SCHOLARSHIPS 974 2073901 Schedule I, Part I, Line 2 ADLER UNIVERSITY OFFERS A VARIETY OF SCHOLARSHIPS TO HELP SUPPORT THE EDUCATIONAL GOALS OF ITS STUDENTS. UNLIKE STUDENT LOANS, SCHOLARSHIPS DO NOT NEED TO BE REPAID AND ARE AWARDED BASED ON A VARIETY OF CRITERIA INCLUDING, BUT NOT LIMITED TO, ACADEMIC EXCELLENCE, MISSION RELEVANCE, AND COMMUNITY INVOLVEMENT AND SERVICE. IN ADDITION, THE UNIVERSITY GRANTS SCHOLARSHIPS TO EMPLOYEES PURSUING DEGREES AT ADLER UNIVERSITY IN THE FORM OF TUITION REMISSION. TO QUALIFY, EMPLOYEES MUST OBTAIN PRIOR MANAGEMENT APPROVAL AND THEY CAN RECEIVE UP TO 6 CREDIT HOURS OF SCHOLARSHIP EACH SEMESTER. X true true X X X X X false true false false false false false true false Raymond E Crossman President 589344 95893 111412 76934 37911 911494 110179 Jeffrey J Green Treasurer, VP Finance 272326 27459 10336 310121 Jo Beth Cup Secretary, VP Administration 220140 23339 18551 262030 Wendy Paszkiewicz VP Academic Affairs 212571 22865 18541 253977 Craig Hines VP Admissions 192131 19821 8876 220828 Greta Ferkel Exec. Dean, Online Campus 196128 11057 8865 216050 Mark Branson AVP, Mktg/Communications 170482 3691 18431 192604 Mary Jo Lamparski VP, Inst Advancement 180821 9342 9273 199436 Paul Collins AVP, Technology 141793 15593 18269 175655 SCHEDULE J, PART I, LINE 1A THE PRESIDENT, DR. RAYMOND CROSSMAN, HAS A MEMBERSHIP WITH THE UNIVERSITY CLUB OF CHICAGO, WHICH IS A SOCIAL CLUB. THIS IS AN INSTITUTIONAL MEMBERSHIP, WHICH IS IN THE PRESIDENT'S NAME, BECAUSE THE CLUB DOESNT ALLOW CORPORATE MEMBERSHIPS. THE CLUB IS USED FOR CORPORATE BUSINESS MEETINGS AND LODGING FOR HIGH PROFILE SPEAKERS, ETC. THIS IS A NON-TAXABLE BENEFIT. SCHEDULE J, PART I, LINE 4B DR. RAYMOND CROSSMAN, PRESIDENT OF THE UNIVERSITY, PARTICIPATES IN THE 457 (F) DEFERRED COMPENSATION PLAN. CONTRIBUTIONS TO THE PLAN AMOUNT to $43,471 DURING THE FISCAL YEAR. SCHEDULE J, PART I, LINE 7 THE LEADERSHIP TEAM VARIABLE COMPENSATION IS BASED UPON THE ACHIEVEMENT OF CERTAIN FINANCIAL GOALS. THE UNIVERSITY DETERMINES A 5 YEAR PERFORMANCE PLAN AND UPON ACHIEVING THE FINANCIAL GOALS SET FORTH IN THAT PLAN, EMPLOYEES ARE AWARDED A VARIABLE COMPENSATION OF AN AMOUNT DETERMINED BY THE PRESIDENT. ELIGIBILITY FOR RECEIPT OF VARIABLE COMPENSATION AWARDS IS SIGNED OFF ON BY HR. THE PRESIDENT'S VARIABLE COMPENSATION IS DETERMINED BY THE BOARD USING COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS UPON ACHIEVING FINANCIAL GOALS SET FORTH IN THE 5 YEAR PERFORMANCE PLAN. A ILLINOIS FINANCE AUTHORITY 861091967 000000000 2016-03-28 19100000 PURCHASE OF CAMPUS false false false A 948601 0 19100000 0 0 0 306369 0 0 0 18793631 0 2016 false false true true A false false false false 0.00000 0.00000 0.00000 false false false true A false true false false false false 0 false 0 false true A true FORM 990, PART VI, SECTION A, LINE 1A THE ADLER UNIVERSITY BOARD OF TRUSTEES DOES NOT HAVE AN EXECUTIVE COMMITTEE OR SIMILAR COMMITTEE. THERE ARE TWO MEMBERS OF THE BOARD WITH FOUNDING MEMBER OF THE BOARD OF TRUSTEES STATUS. BY POLICY, THESE MEMBERS ARE NON-VOTING MEMBERS OF THE BOARD. THEY ARE HAROLD MOSAK AND BERNARD SHULMAN. ALL OTHER MEMBERS OF THE BOARD HAVE THE SAME VOTING RIGHTS. FORM 990, PART VI, SECTION B, LINE 11B The Form 990 is prepared by the University's outside accounting firm. The completed Form 990 is then reviewed by the associate vice president of finance and the vice president of finance. Following their review, the Form 990 is sent to the finance committee for their review. Once the finance committee has reviewed the Form 990, the return is sent to the full board of directors prior to filing. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS AND EMPLOYEES RECEIVE AN ORIENTATION BOOKLET CONTAINING THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. THE UNIVERSITY RELIES ON THE BOARD MEMBERS AND EMPLOYEES TO NOTIFY THE UNIVERSITY OF ANY CONFLICTS OF INTEREST THAT MAY ARISE DURING THEIR TERM AS A BOARD MEMBER OR EMPLOYMENT WITH THE UNIVERSITY. ALL BOARD MEMBERS AND THE MEMBERS OF THE EXECUTIVE TEAM ANNUALLY COMPLETE A CONFLICT OF INTEREST FORM. IF A POTENTIAL CONFLICT OF INTEREST IS FOUND TO EXIST, THE UNIVERSITY WILL WORK WITH ITS LEGAL COUNSEL AND TAKE APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE ORGANIZATION'S PRESIDENT IS DETERMINED BY A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL OF THE BOARD OF TRUSTEES. THE BOARD THEN SETS THE PRESIDENT'S COMPENSATION DURING AN ANNUAL MEETING IN AUGUST, WHICH IS DOCUMENTED IN THE MINUTES. THE LAST REVIEW OF THE PRESIDENT'S COMPENSATION WAS COMPLETED IN AUGUST OF 2017. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION FOR OTHER KEY EMPLOYEES TO THE ORGANIZATION IS DETERMINED BY THE UNIVERSITY'S PRESIDENT USING A COMPENSATION STUDY OF SIMLAR SIZE/TYPE OF ORGANIZATIONS. SALARIES FOR ALL EMPLOYEES, INCLUDING THE EXECUTIVE COMMITTEE MEMBERS, ARE DETERMINED ANNUALLY. THE DECISIONS ARE MADE IN WRITING AND THE NEW SALARIES ARE EFFECTIVE EACH CALENDAR YEAR ON SEPTEMBER 1ST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.