2019-05-28T13:48:22-05:00 2018-08-31 BKD LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2017-09-01 362167087 GLENWOOD ACADEMY % ABIGAIL CANO GLEN 7087540175 500 W 187TH ST GLENWOOD IL 60425 MARY HOLLIE PRESIDENT AND CEO 7087540175 2019-07-15 true David R Siehoff P00175845 6302829500 2019-07-15 167.68.126.162 15750420191485000016 2019-05-28 P 896ABFA242E115CE7EA84FB7E680583C8F0DE4A3 74585A0D43C5A942BD076330935975E2792592B2 2017 2019-02-21 02:37:17Z MARY HOLLIE 500 W 187TH ST GLENWOOD IL 60425 14556634 false X WWW.GLENWOODACADEMY.ORG X 1887 IL TO PROVIDE A HIGH QUALITY EDUCATION AND RESIDENTIAL PROGRAM FOR STUDENTS FROM LOWER INCOME AND SINGLE-PARENT FAMILIES. 27 26 123 94 0 9914732 4907621 0 0 3089222 2656485 -123550 -99000 12880404 7465106 219094 0 0 0 2722992 2425784 0 0 334211 2252207 2303821 5194293 4729605 7686111 2735501 71398141 72877914 31221177 28522489 40176964 44355425 TO PROVIDE A HIGH QUALITY EDUCATION AND RESIDENTIAL PROGRAM FOR STUDENTS FROM LOWER INCOME AND SINGLE-PARENT FAMILIES, WHO SEEK A POSITIVE ALTERNATIVE TO HOME AND COMMUNITY SITUATIONS WHICH IMPEDE OPPORTUNITIES TO ACHIEVE THEIR POTENTIAL. false false 3538659 DIRECT SUPPORT OF GLENWOOD SOUTH AND GLENWOOD WEST AFFILIATED ORGANIZATIONS OPERATING SCHOOLS AT RESPECTIVE CAMPUS LOCATIONS. 3538659 true true false false false false false false false true true true false true true true false true false false false false false false true false false false false true false false false false false false false false true false false false false true true true false false true 51 0 123 true false false false false false true true false false false false X 27 26 false false false false false false false true true false false true true true true true true true true false IL WI X ABIGAIL CANO 7087540175 500 W 187TH ST GLENWOOD IL 60425 X MARY HOLLIE PRESIDENT 40.0 2.0 X X 353312 0 20000 KURT A GABOUER TREASURER 1.0 1.0 X X 0 0 0 NORMAN H WESLEY CHAIRMAN 1.0 1.0 X X 0 0 0 BORIS ELISMAN VICE CHAIRMAN 1.0 1.0 X X 0 0 0 HARRY HOSTETLER VICE CHAIRMAN 1.0 1.0 X X 0 0 0 MARK T WIGHT VICE CHAIRMAN 1.0 1.0 X X 0 0 0 PAMELA D LAWLOR VICE CHAIRMAN 1.0 2.0 X X 0 0 0 PATRICK FLINN VICE CHAIRMAN 1.0 1.0 X X 0 0 0 S BIFF BOWMAN VICE CHAIRMAN 1.0 1.0 X X 0 0 0 STEPHANIE J HICKMAN BOARD MEMBER 1.0 1.0 X 0 0 0 ALAN D DUFF BOARD MEMBER 1.0 1.0 X 0 0 0 ANTHONY DI TOMMASO BOARD MEMBER 1.0 1.0 X 0 0 0 BLANCHE E HILL BOARD MEMBER 1.0 1.0 X 0 0 0 CHARLES S WALLS BOARD MEMBER 1.0 1.0 X 0 0 0 CHRISTOPHE R C MCMAHON BOARD MEMBER 1.0 1.0 X 0 0 0 CRAIG STERN BOARD MEMBER 1.0 1.0 X 0 0 0 HELMUT MLAKAR BOARD MEMBER 1.0 1.0 X 0 0 0 JAN THRALL BOARD MEMBER 1.0 1.0 X 0 0 0 JORDAN SADOFF BOARD MEMBER 1.0 1.0 X 0 0 0 JULIE BADEL BOARD MEMBER 1.0 1.0 X 0 0 0 KEVIN CAHOON BOARD MEMBER 1.0 2.0 X 0 0 0 LOUIS J WEBER III BOARD MEMBER 1.0 2.0 X 0 0 0 MATTHEW S DARNALL BOARD MEMBER 1.0 1.0 X 0 0 0 MICHAEL T LYON BOARD MEMBER 1.0 1.0 X 0 0 0 NEAL KITCHELL BOARD MEMBER 1.0 2.0 X 0 0 0 PERRY R PERO BOARD MEMBER 1.0 1.0 X 0 0 0 ROBERT J DARNALL BOARD MEMBER 1.0 1.0 X 0 0 0 CHARLES KUDIA CFO 40.0 1.0 X 126584 0 0 COLLEEN CONLAN-CARTER VP OF ACADEMIC AFFAIRS 1.0 40.0 X 185831 0 0 KIMBERLY LUCKEY VP OF DEVELOPMENT 1.0 40.0 X 156198 0 0 821925 0 20000 4 false true false JOHN CHARLES MIDWEST INC 11504 W 183RD STREET ORLAND PARK IL 60467 CONSTRUCTION MORGAN BIRGE ASSOCIATES 119 W HUBBART ST 4TH FLOOR CHICAGO IL 60654 IT TOTAL AUTOMATION CONCEPTS INC 5602 W 120TH STREET ALSIP IL 60803 HVAC INSTALLATION 0 1195597 20000 3692024 433440 4907621 0 2423685 2423685 0 0 0 0 0 7035765 112191 6915156 120609 112191 232800 232800 33880 1229477 176372 -142492 -176372 0 0 0 0 0 0 MISCELLANEOUS 900099 43492 43492 43492 7465106 2523605 0 0 0 0 598402 429336 122440 46626 0 1379154 989503 282191 107460 0 339161 291709 30483 16969 109067 58133 42849 8085 0 150441 150441 0 0 0 0 0 0 90824 73555 10980 6289 0 0 123638 108009 10408 5221 0 0 26011 19600 6087 324 0 0 337111 289915 30340 16856 104332 89725 9390 5217 BOND FINANCING 583515 501823 52516 29176 BANK FEES 86979 63497 19790 3692 SPECIAL EVENTS 154870 93014 1484 60372 OTHER EXPENSES 645413 530840 87116 27457 687 220 467 4729605 3538659 856735 334211 396689 1099939 0 0 0 209224 72872 4391 0 0 0 0 0 0 0 0 136671 457982 30005711 13044421 8917497 16961290 181671 183886 53229585 50049314 0 0 0 0 8463156 3911888 71398141 72877914 2699978 2330384 0 0 0 0 28400000 26119211 0 0 0 0 0 0 0 0 121199 72894 31221177 28522489 X 16054866 19084039 2456798 2805274 21665300 22466112 40176964 44355425 71398141 72877914 2735501 1442960 X false true X true false X 2894014 3711462 5155052 9914732 4941501 26616761 0 0 2894014 3711462 5155052 9914732 4941501 26616761 5897751 20719010 2077431 1045483 2157755 2405014 2423685 10109368 0 42136 65200 129489 2361 43492 282678 37008807 0.55984 0.58169 X 31600763 1743081 2106631 4350638 31099837 27224479 5607429 4619864 5851009 31600763 31422410 2239543 1202320 7639794 27224479 39953948 141769 -3365884 5307423 31422410 36550789 280206 8513303 5390350 39953948 0.29320 0.68520 0.02160 true false 87734 87734 17722972 5467195 12255777 9006754 5477031 3529723 3188251 2100195 1088056 16961290 CONTRIB. FROM RESIDUAL TRUSTS 636293 F CHARITABLE REMAINDER TRUSTS 654201 F PERPETUAL TRUSTS 14338069 F PUBLICLY TRADED SECURITIES 30928930 F SOUTH CAMPUS LAND 542033 F CORPORATE BONDS 1473395 F OTHER 1476393 F 50049314 DUE FROM GLENWOOD SOUTH 3586268 DUE FROM GLENWOOD WEST 325620 3911888 0 SPLIT-INTEREST ARRANGEMENTS 72894 72894 X SCHEDULE D, PART X, LINE 2 GLENWOOD IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. GLENWOOD RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. GLENWOOD HAS NO ONGOING FEDERAL OR STATE INCOME TAX EXAMINATIONS. GLENWOOD IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX AUDITS BEFORE ITS YEAR ENDING AUGUST 31, 2015. SCHEDULE D, PART V, LINE 4 TO PROVIDE FUNDING TO PROGRAMS AND ENHANCE THE SUSTAINABILITY OF THE ORGANIZATION. THANKSGIVING 824529 824529 65208 28993 GOLF TOURN 242800 208920 33880 62205 3211 3 162148 162148 1749 1978 1963 11065 1229477 1195597 33880 129162 1978 1963 43269 176372 -142492 X true true X false false false false false false false false false MARY HOLLIE PRESIDENT 353312 20000 373312 COLLEEN CONLAN-CARTER VP OF ACADEMIC AFFAIRS 185831 185831 KIMBERLY LUCKEY VP OF DEVELOPMENT 156198 156198 Part I, Line 1A A RESIDENCE ON CAMPUS IS PROVIDED FOR THE PRESIDENT TO ALLOW THE PRESIDENT TO BE AVAILABLE AS NECESSARY. THE BENEFIT WAS NOT INCLUDED AS TAXABLE COMPENSATION. TRAVEL EXPENSES SUCH AS MILEAGE, GAS, AND MAINTENANCE THAT ARE INCURRED ARE REIMBURSED BY THE ORGANIZATION. X 2643 429653 FMV X MAINTENANCE EQUIPMENT 19 75000 FMV false false false FORM 990, PART VI, SECTION B, LINE 11B GOVERNING BODY REVIEWS THE FORM 990 BEFORE IT HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BYLAWS CONTAIN PROVISIONS FOR THE CONFLICT OF INTEREST POLICY. THE BYLAWS ARE REVIEWED REGULARLY BY THE BOARD AND ANY CHANGES ARE APPROVED. FORM 990, PART VI, SECTION B, LINE 15A THE CEO IS EVALUATED BY THE CHAIRMAN OF THE BOARD. HE UTILIZES HIS VAST EXPERIENCE AS WELL AS GUIDE STAR'S COMPARABLE COMPENSATION DATA FOR LIKE AGENCIES. REVIEW IS PERFORMED ANNUALLY IN DECEMBER FORM 990, PART VI, SECTION B, LINE 15B THE KEY EMPLOYEES ARE EVALUATED BY THE CHAIRMAN OF THE BOARD. HE UTILIZES HIS VAST EXPERIENCE AS WELL AS GUIDE STAR'S COMPARABLE COMPENSATION DATA FOR LIKE AGENCIES. REVIEW IS PERFORMED ANNUALLY IN DECEMBER FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART VI, SECTION B, LINE 11 The governing board reviews the Form 990 before it is filed. PORM 990, PART VI, SECTION B, LINE 12C The bylaws contain provisions regarding the conflict of interest policy. The board regularly reviews the bylaws and approves of any changes. OFFICERS AND KEY EMPLOYEES UNDERSTAND THEY ARE REQUIRED TO DISCLO ANY POTENTIAL CONFLICTS ANNUALLY. CONFLICTS ARE DISCUSSED AT THE ANNUAL BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 The executive committee convenes to review job performance and determine if any change to compensation is necessary. Input from outside search firms is obtained if necessary. THIS PROCESS INCLUDES contemporaneous substantiation, THE USE OF HR CONSULTANTS, AND EXTERNAL BENCHMARKING. Compensation adjustments are commensurate with increases of living. THE MOST RECENT REVIEW WAS CONDUCTED DURING DECEMBER 2018 FOR THE PRESIDENT AND CHAIRMAN. GLENWOOD WEST 500 W 187TH STREET GLENWOOD IL 60425 364062738 EDUCATION IL 501(C)(3) 2 GLENWOOD ACA true GLENWOOD SOUTH 500 W 187TH STREET GLENWOOD IL 60425 364063075 RESID/EDUC IL 501(C)(3) 2 GLENWOOD ACA true false true false false false false false false false true true true true false false false false GLENWOOD SOUTH D 325620 ACTUAL COST GLENWOOD WEST D 3586268 ACTUAL COST