2017-10-31T10:25:20-05:00 2017-05-31 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2016-06-01 362252360 Associated Colleges of Illinois Inc ASSO 3122632391 70 E Lake Street No 1418 Chicago IL 60601 Mitchell Weltman Executive Director 3122632391 2017-10-31 1 David J Rambo P00513360 7737794720 2017-10-31 96.84.64.45 2017-10-31 10:23:00 CD P 561FBA7FBE27046BB70B6DEFE1E9EDE4D70200D4 561FBA7FBE27046BB70B6DEFE1E9EDE4D70200D4 2016 2021-01-29 14:40:06Z Mitchell Weltman 70 E Lake Street No 1418 Chicago IL 60601 1395677 0 X acifund.org X 1952 IL Associated Colleges of Illinois supports member colleges and universities 53 53 6 53 0 0 545720 615107 618058 596972 25657 19032 7900 3375 1197335 1234486 674648 668085 0 0 333124 411834 0 0 252106 448750 382105 1456522 1462024 -259187 -227538 1815140 1634792 464002 429766 1351138 1205026 X Associated Colleges of Illinois supports member colleges and universities by advancing independent liberal arts and sciences education and helping under-served students succeed in college, career and life. Associated Colleges of Illinois (continued on Schedule O) has supported numerous independent colleges and universities with a liberal arts tradition in Illinois for 65 years and has benefited thousands of under-served students in the process. 0 0 734171 535685 596972 Grants and services to member colleges and universities 170934 100000 Peer Mentoring/CRCI 81819 32400 College to Career Program 986924 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 53 53 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Mitchell Weltman 3122632391 70 E Lake Street Suite 1418 Chicago IL 60601 Jim Wylie Chair 1.00 X X 0 0 0 Barbara A Farley President 1.00 X X 0 0 0 Clifton L Fenton Secretary/Treasurer 1.00 X X 0 0 0 Bill Powell Trustee 1.00 X 0 0 0 Lyn Bulman Trustee 1.00 X 0 0 0 Jerry Murphy Trustee 1.00 X 0 0 0 John L Comerford Trustee 1.00 X 0 0 0 Chipo C Nyambuya Trustee 1.00 X 0 0 0 David L Parklyn Trustee 1.00 X 0 0 0 Steven C Bahls Trustee 1.00 X 0 0 0 Michael S Brophy Trustee 1.00 X 0 0 0 Daniel L Gard Trustee 1.00 X 0 0 0 Donna M Carroll Trustee 1.00 X 0 0 0 Troy VanAken Trustee 1.00 X 0 0 0 James M Dennis Trustee 1.00 X 0 0 0 Carol Balsam Trustee 1.00 X 0 0 0 Eric W Fulcomer Trustee 1.00 X 0 0 0 Gene C Crume Jr Trustee 1.00 X 0 0 0 Patrick E White Trustee 1.00 X 0 0 0 John C Bowling Trustee 1.00 X 0 0 0 Kurt D Dykstra Trustee 1.00 X 0 0 0 James SC Wright Trustee 1.00 X 0 0 0 Teresa L Amott Trustee 1.00 X 0 0 0 Clarence R Wyatt Trustee 1.00 X 0 0 0 Jonathan W Palmer Trustee 1.00 X 0 0 0 Arvid C Johnson Trustee 1.00 X 0 0 0 Ivan Filby Trustee 1.00 X 0 0 0 David J Livingston Trustee 1.00 X 0 0 0 Troy D Hammond Trustee 1.00 X 0 0 0 Phil Conover Trustee 1.00 X 0 0 0 Phillip G Ryken Trustee 1.00 X 0 0 0 Angela T Allen Trustee 1.00 X 0 0 0 Toni Cornellius Trustee 1.00 X 0 0 0 Louis Apostol Trustee 1.00 X 0 0 0 Ellen Babbitt Trustee 1.00 X 0 0 0 Wale Cole Trustee 1.00 X 0 0 0 Mark F Cross Trustee 1.00 X 0 0 0 Patrick Dominick Trustee 1.00 X 0 0 0 Frank Janosz Trustee 1.00 X 0 0 0 Vernon Kowal Trustee 1.00 X 0 0 0 Bradley J Mease Trustee 1.00 X 0 0 0 Elizabeth Neiderkorn Trustee 1.00 X 0 0 0 Terri Diggs Norman Trustee 1.00 X 0 0 0 Laura Ortega-Lamela Trustee 1.00 X 0 0 0 Shaelyn Otikor Trustee 1.00 X 0 0 0 J Scot Pepper Trustee 1.00 X 0 0 0 Brian R Powers Trustee 1.00 X 0 0 0 Kayla Portwood Trustee 1.00 X 0 0 0 Joseph Perkoski Trustee 1.00 X 0 0 0 H Edward Wynn Trustee 1.00 X 0 0 0 Simon Reeves Trustee 1.00 X 0 0 0 Leslie J Sawyer Trustee 1.00 X 0 0 0 George J Tarulis III Trustee 1.00 X 0 0 0 George J Vincent Williams Trustee 1.00 X 0 0 0 James Wylie Trustee 1.00 X 0 0 0 James Johnson Trustee 1.00 X 0 0 0 Mitchell G Weltman Executive Director 40.00 X 133800 0 0 133800 0 0 1 0 0 0 0 17500 597607 615107 Member college assessm 611710 546517 546517 Corporate partnership 611710 47537 47537 Program fees 611710 2918 2918 596972 14923 14923 138944 134835 4109 4109 4109 29731 17500 26356 3375 3375 1234486 596972 0 22407 X 635685 635685 32400 32400 133800 27563 46696 59541 238915 102679 50483 85753 8485 2969 2206 3310 30634 10722 7965 11947 10282 10282 179077 50078 74583 54416 13290 2096 4599 6595 28412 9376 7955 11081 4341 2550 360 1431 23890 14714 2319 6857 5707 3250 2457 12583 3251 5710 3622 Project supplies 65912 65912 Membership dues & subsc 21279 15751 1623 3905 Repairs & maintenance 12626 4253 4740 3633 Bond fees paid 3500 3500 1206 175 1016 15 1462024 986924 222994 252106 178471 346768 507067 4611 3395 63425 14040 10985 23138 20213 8633 2925 1103534 1206078 1815140 1634792 7877 10931 451125 418835 5000 464002 429766 X 765583 659589 385555 345437 200000 200000 1351138 1205026 1815140 1634792 -227538 81426 0 X 0 1 X 1 0 X 1057470 1165199 674938 545720 615107 4058434 634035 639451 596039 618058 596972 3084555 8909 16229 29731 54869 1691505 1804650 1279886 1180007 1241810 7197858 0 170316 141668 261755 284525 259626 1117890 170316 141668 261755 284525 259626 1117890 6079968 29292 10923 21627 22539 14923 99304 29292 10923 21627 22539 14923 99304 1720797 1815573 1301513 1202546 1256733 7297162 0.83320 0.85530 0.01360 0.01100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 330302 38254 11344 357212 345682 -10380 5000 330302 372384 22148 48850 345682 404066 29818 61500 372384 218365 47359 2000 263724 0.60550 0.39450 0 0 23138 20213 2925 2925 X 1315912 81426 81426 1234486 0 1234486 1462024 0 1462024 0 1462024 Part V, Line 4: Permanently restricted net assets are exclusively comprised of donor-restricted endowment funds representing investments in perpetuity. This Fund's investment income is expendable to support minority leadership through scholarships under the Illinois Partnership for Minority Achievement Program. Contributions received from the donor, over and above the permanently restricted amount are also recorded as temporarily restricted until expended towards scholarship payments. Part X, Line 2: FIN 48 Note from Audited Financial Statements The Association was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Association qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Association and the nature in which it operates is described in the first paragraph of Note 1. The Association continues to operate in compliance with its tax-exempt purpose. The Association's annual information returns filed with the federal and state governments are subject to examination generally for three years after they have been filed. Gala 42106 17500 24606 21231 5125 42106 17500 24606 21231 5125 26356 -1750 1 Augustana College 539 Thirty Eighth Street Rock Island IL 61201 362166962 501(c)(3) 22500 Educational Activities Benedictine University 5700 College Road Lisle IL 60532 362722198 501(c)(3) 27755 Educational Activities Blackburn College 700 College Avenue 1 Carlinville IL 62626 370661491 501(c)(3) 20450 Educational Activities Concordia University 7400 Augusta River Forest IL 60305 362191242 501(c)(3) 24100 Educational Activities Dominican University 7900 Division Street River Forest IL 60305 362167855 501(c)(3) 36000 Educational Activities Elmhurst College 190 Prospect Street Elmhurst IL 60126 362169145 501(c)(3) 27843 Educational Activities Eureka College 300 College Avenue Eureka IL 61530 370667484 501(c)(3) 25170 Educational Activities Greenville University 315 East College Avenue Greenville IL 62246 370681530 501(c)(3) 27843 Educational Activities Illinois College 1101 W College Avenue Jacksonville IL 62650 370661211 501(c)(3) 26545 Educational Activities Knox College 2 East Sootuh Street Galesburg IL 61401 370673513 501(c)(3) 27843 Educational Activities Judson University 1151 N State Street Elgin IL 60123 362515868 501(c)(3) 13000 Educational Activities Lewis University One University Parkway Romeoville IL 60446 362167773 501(c)(3) 27843 Educational Activities McKendree College 701 College Road Lebanon IL 62254 370661219 501(c)(3) 27843 Educational Activities Millikin University 1184 W Main Street Decatur IL 62522 370706154 501(c)(3) 27842 Educational Activities Monmouth College 700 East Broadway Monmouth IL 61462 370661228 501(c)(3) 23850 Educational Activities North Central College 30 N Brainard Street Naperville IL 60540 362169157 501(c)(3) 57842 Educational Activities North Park University 3225 West Foster Avenue Chicago IL 60625 361557840 501(c)(3) 31850 Educational Activities Olivet Nazarene University One University Avenue Kankakee IL 60901 362191252 501(c)(3) 27842 Educational Activities Principia College 1 Maybecck Place Elsah IL 62028 430652667 501(c)(3) 22650 Educational Activities Quincy University 1800 College Drive Quincy IL 62301 370661231 501(c)(3) 25750 Educational Activities Rockford University 5050 East State Street Rockford IL 61108 362167842 501(c)(3) 27842 Educational Activities Trinity Christian College 5601 West College Drive Palso Park IL 60463 362387148 501(c)(3) 27640 Educational Activities University of St Francis 500 Wilcox Street Joliet IL 60435 362170999 501(c)(3) 27842 Educational Activities 23 0 Internships 9 32400 Part I, Line 2: Associated Colleges of Illinois, Inc. follows strict grantmaking eligibility and distribution guidelines as described in the Organization's bylaws. All grants are documented in the Organization's accounting system. Form 990, Part VI, Section B, line 11b The Form 990 was reviewed by the Chief Executive Officer, Chief Financial Officer, and Board Treasurer. The Form 990 was sent to the Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c The Organization requires that each Board Member sign a Conflict of Interest Policy in acknowledgement of receipt and understanding of the policy. The policy is delivered to each Board Member electronically on an annual basis. In addition, at each meeting where voting occurs, the Chair reminds the Members that anyone with a personal interest in proposed resolution refrain from voting. Form 990, Part VI, Section B, line 15 Data for determining compensation is compiled by an independent compensation consultant. Data from the Association Compensation and Benefits Survey of the Association Forum of Chicagoland and the Association Compensation Survey compiled by the ASAE and the Center for Association Leadership are used. The data also includes comparable information used by the Executive Director to determine compensation for other key positions. Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and the Conflict of Interest Policy are available to the public upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 50,078. Management and general expenses 73,206. Fundraising expenses 54,416. Total expenses 177,700. Payroll processing: Program service expenses 0. Management and general expenses 1,377. Fundraising expenses 0. Total expenses 1,377.