2014-05-15T09:10:26-05:00 2013-06-30 BENNING GROUP LLC 6785 WEAVER RD STE 2A ROCKFORD IL 611148056 990 2012-07-01 362167842 ROCKFORD COLLEGE ROCK 8152264093 5050 EAST STATE STREET ROCKFORD IL 61108 CHRISTINA ANDERSON 8152264093 2014-04-22 false CURTIS D KLECKLER 6083255035 2014-05-07 2012 2015-11-30 17:44:51Z CHRISTINA ANDERSON 5050 EAST STATE STREET ROCKFORD IL 61108 35251997 false X WWW.ROCKFORD.EDU X 1942 IL TO EDUCATE MEN & WOMEN TO LEAD RESPONSIBLE LIVES BY MEANS OF A CURRICULUM GROUNDED IN LIBERAL ARTS LEARNING & COMPLEMENTED & EXTENDED BY PROFESSIONAL & PRACTICAL EXPERIENCE THROUGH THE TOTAL ACADEMIC & CO-CURRICULAR EXPERIENCE. 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IT IS ALSO EXEMPT FROM STATE INCOME TAX. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE COLLEGE FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE COLLEGE FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012. THE COLLEGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE CURRENT YEAR AS WELL AS FISCAL YEARS 2010 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 4B FINANCIAL AID NETTED WITH REVENUE ON F/S 8,647,800 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID NETTED WITH REVENUE ON F/S 8,647,800 true true true true true true true false false false false false false false false true false true PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION SCHEDULE E LINE 3 ROCKFORD COLLEGE IS COMMITTED TO PROVIDING EQUAL OPPORTUNITY AND AN EDUCATIONAL WORK ENVIRONMENT FOR ITS STUDENTS FACULTY STAFF FREE FROM ANY DISCRIMINATION BASED ON RACE COLOR RELIGION SEX NATIONAL ORIGIN SEXUAL ORIENTATION ANCESTRY AGE MARITAL STATUS PHYSICAL OR MENTAL DISABILITY OR STATUS AS A DISABLED VETERAN OR VETERAN OF THE VIETNAM WAR SEE APPLICATION ON OUR WEBSITE FOR A MORE LENGTHY DESCRIPTION FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION SCHEDULE E LINE 6 ROCFORD COLLEGE RECEIVES FEDERAL STUDENT AID true SCHOLARSHIP/FINANCIAL AID 1382 8647800 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ARE MONITORED BY OUR STUDENT ADMINISTRATIVE SERVICES DEPARTMENT FOR PROPER USE & AWARDING. ALL GRANT AND SCHOLARSHIP REQUIREMENTS ARE FOLLOWED & DOCUMENTED IN THE SAS OFFICE RECORDS. X X true true X X X X false false false false false false false false false ROBERT HEAD 269956 6732 20391 297079 276949 TERRY INGRASIA CASH FLOW FOR OPERATIONS X 50000 15000 false true true 15000 X 1 1865542 X 2 14999 false false false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION TO EDUCATE MEN & WOMEN TO LEAD RESPONSIBLE LIVES BY MEANS OF A CURRICULUM GROUNDED IN LIBERAL ARTS LEARNING & COMPLEMENTED & EXTENDED BY PROFESSIONAL & PRACTICAL EXPERIENCE THROUGH THE TOTAL ACADEMIC & CO-CURRICULAR EXPERIENCE. ROCKFORD COLLEGE STRIVES TO PREPARE STUDENTS FOR FULFILLING LIVES, CAREERS & PARTICIPATION IN A MODERN & CHANGING GLOBAL SOCIETY. ADDITIONAL INFORMATION FORM 990 AS OF JULY 1, 2013 ROCKFORD COLLEGE CHANGED ITS NAME TO ROCKFORD UNIVERSITY ADDITIONAL INFORMATION FORM 990, PART VI BUSINESS RELATIONSHIPS BETWEEN BOARD OF TRUSTEE MEMBERS: SEVERAL OF OUR BOARD TRUSTEES HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER LOCALLY RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 SEE EXPLANATION ABOVE ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES IN DETAIL AND APPROVED BY THE FULL BOARD OF TRUSTEES UPON RECOMMENDATION FROM THE FINANCE COMMITTEE ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALLY BY THE BOARD OF TRUSTEES, OFFICERS AND KEY EMPLOYEES. AS OF MAY 2010 AN OFFICIAL CONFLICT OF INTEREST POLICY HAS BEEN ADOPTED BY THE BOARD. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A EMPLOYEE SALARIES IN TOTALITY ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES FINANCE COMMITTEE EACH YEAR AS PART OF THE BUDGET APPROVAL PROCESS. SALARIES FOR EXECUTIVES WITH EMPLOYMENT CONTRACTS (INCLUDING THE PRESIDENT AND ONE VICE PRESIDENT) ARE APPROVED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES. ALL OTHER EXECUTIVE SALARIES ARE APPROVED BY THE PRESIDENT. ALL EMPLOYEE SALARIES ARE COMPARED AGAINST THE INDUSTRY AVERAGES PER THE CUPA SURVEY DATA (FOR STAFF) AND IPEDS SURVEY DATA (FOR FACULTY). THIS DATA INCLUDES SALARIES WITHIN OUR REGION, OUR PEER GROUP, OTHER PRIVATE INDEPENDENT INSTITUTIONS, AS WELL AS OTHER RELEVANT INFORMATION. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B EMPLOYEE SALARIES IN TOTALITY ARE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES FINANCE COMMITTEE EACH YEAR AS PART OF THE BUDGET APPROVAL PROCESS. SALARIES FOR EXECUTIVES WITH EMPLOYMENT CONTRACTS (INCLUDING THE PRESIDENT AND ONE VICE PRESIDENT) ARE APPROVED BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES. ALL OTHER EXECUTIVE SALARIES ARE APPROVED BY THE PRESIDENT. ALL EMPLOYEE SALARIES ARE COMPARED AGAINST THE INDUSTRY AVERAGES PER THE CUPA SURVEY DATA (FOR STAFF) AND IPEDS SURVEY DATA (FOR FACULTY). THIS DATA INCLUDES SALARIES WITHIN OUR REGION, OUR PEER GROUP, OTHER PRIVATE INDEPENDENT INSTITUTIONS, AS WELL AS OTHER RELEVANT INFORMATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST TO THE PUBLIC AND MANY ARE POSTED ON THE ROCKFORD COLLEGE WEBSITE RECONCILIATION OF CHANGES - OTHER FORM 990, PART XI, LINE 9 FINANCIAL AID NETTED WITH REVENUE ON F/S -8,647,800 FINANCIAL AID NETTED WITH REVENUE ON F/S 8,647,800