ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE (EIN 36-2181973)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-01-24
- IRS object ID
- 201330249349300128
- Schema version
- 2011v1.2
- 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 G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-01-24T13:00:04-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 West Madison Street | AddressLine1 |
| Address Line2 | Suite 700 | AddressLine2 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606024903 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362181973 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROSA | NameControl |
| Phone | 8475783000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 Green Bay Road | AddressLine1 |
| City | North Chicago | City |
| State | IL | State |
| ZIP Code | 600643095 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERTA LANE | Name |
| Title | CFO | Title |
| Date Signed | 2013-01-17 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | john woodhull | Name |
| PTIN | P01305268 | PTIN |
| Phone | 3128997000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Name Of Principal Officer Business NameOfPrincipalOfficerBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DR K MICHAEL WELCH | BusinessNameLine1 |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1 |
| City | North Chicago | City |
| State | IL | State |
| ZIP Code | 600643095 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 132308382 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ROSALINDFRANKLIN.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1911 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF ROSALIND FRANKLIN UNIVERSITY IS TO SERVE THE NATION THROUGH THE EDUCATION OF HEALTH PROFESSIONALS AND THE DISCOVERY OF KNOWLEDGE DEDICATED TO IMPROVING THE HEALTH OF ITS PEOPLE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 19 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1008 | TotalNbrEmployees |
| Total Nbr Volunteers | 19 | TotalNbrVolunteers |
| Total Gross UBI | 48154 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 18870689 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16790493 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 70007723 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 80136005 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1265319 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2061002 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 793485 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1411943 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 90937216 | TotalRevenuePriorYear |
| Total Revenue Current Year | 100399443 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 4763090 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4573430 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 50039631 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 56816771 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 38400 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 808643 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 29807230 | OtherExpensePriorYear |
| Other Expenses Current Year | 31242153 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 84609951 | TotalExpensesPriorYear |
| Total Expenses Current Year | 92670754 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6327265 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 7728689 | RevenuesLessExpensesCY |
| Total Assets BOY | 197089508 | TotalAssetsBOY |
| Total Assets EOY | 206662420 | TotalAssetsEOY |
| Total Liabilities BOY | 105787763 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 114969842 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 91301745 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 91692578 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ROSALIND FRANKLIN UNIVERSITY OF MEDICINE AND SCIENCE (RFUMS) IS A PRIVATE RESEARCH UNIVERSITY WITH APPROXIMATELY 2,000 STUDENTS ENROLLED IN FOUR COLLEGES ON A CAMPUS LOCATED IN NORTH CHICAGO, ILLINOIS. FOUNDED IN 1911, RFUMS BEGAN AS THE CHICAGO MEDICAL SCHOOL (CONTINUED ON SCHEDULE O) | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 56200609 | Expense |
| Grants | 4573430 | Grants |
| Revenue | 69409991 | Revenue |
| Description | INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN 2011, RFUMS TRAINED APPROXIMATELY 2000 STUDENTS IN THREE OF ITS FOUR COLLEGES. THE CHICAGO MEDICAL SCHOOL HAD 753 ENROLLED AND ACTIVE STUDENTS. THE COLLEGE OF HEALTH PROFESSIONS HAD 780 STUDENTS ENROLLED IN TWELVE PROGRAMS. THE SCHOLL COLLEGE OF PODIATRIC MEDICINE HAD 382 STUDENTS AND THE SCHOOL OF GRADUATE AND POST-DOCTORATE STUDIES HAD 41 STUDENTS. IN FALL 2011 THE INAUGURAL COLLEGE OF PHARMACY CLASS BEGAN WITH 70 STUDENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12397189 | Expense |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3544634 | Expense |
| Revenue | 4687792 | Revenue |
| Description | PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROCESS GENERAL LAB TESTS AND SPECIALIZED LAB TESTS FOR REPRODUCTIVE IMMUNOLOGY. SPECIMENS COME THROUGH THE ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM AND VARIOUS UNRELATED HEALTH SYSTEMS AND DIAGNOSIS CENTERS. THE ANNUAL TESTING VOLUME AVERAGES APPROXIMATELY 68,000. THE SCHOLL FOOT & ANKLE CENTER AT THE ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM (RFUHS) 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. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 5727952 | Expense |
| Revenue | 7172454 | Revenue |
| Description | PROGRAM SERVICE REVENUE FROM INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 5727952 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 7172454 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 77870384 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 2073 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1008 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | true | Form8899Filed |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 19 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERTA LANE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8475783000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1 |
| City | North Chicago | City |
| State | IL | State |
| ZIP Code | 600643095 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| DAVID LEACH | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| FRANK H MYNARD | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| GAIL WARDEN | ||||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| K MICHAEL WELCH | ||||||||
| PRESIDENT & CEO | 40.00 | X | X | 1621449 | 0 | 49215 | ||
| RUTH ROTHSTEIN | ||||||||
| CHAIR TRUSTEE | 1.00 | X | X | 0 | 0 | 0 | ||
| BURTON GARFINKEL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| CHERYL KRAFF-COOPER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DEBORAH B TAYLOR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ELIZABETH COULSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOHN BECKER | ||||||||
| DIRECTOR/PROFESSOR | 40.00 | X | 108396 | 0 | 21294 | |||
| KATHLEEN STONE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| LISA ZENNI | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MATTHEW HARRIS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL C FOLTZ | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MICHAEL HRILJAC | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MONICA OBLINGER | ||||||||
| DIRECTOR/PROFESSOR | 40.00 | X | 122242 | 0 | 40385 | |||
| PAMELA SCHOLL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| PAULA BANKS-JONES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROSALIND FRANKLIN JEKOWSKY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS G MOORE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| VELMA BUTLER | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| WILFRED J LUCAS | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MARGOT A SURRIDGE | ||||||||
| EXEC. VP & COO | 30.00 | X | 322187 | 0 | 34178 | |||
| ROBERTA LANE | ||||||||
| CFO | 40.00 | X | 245876 | 0 | 41567 | |||
| GLORIA MEREDITH | ||||||||
| DEAN | 40.00 | 221481 | 0 | 44293 | X | |||
| JOSEPH X DIMARIO | ||||||||
| DEAN | 40.00 | 166044 | 0 | 43379 | X | |||
| NANCY PARSLEY | ||||||||
| DEAN | 40.00 | 206599 | 0 | 21625 | X | |||
| RONALD KAPLAN | ||||||||
| VP RESEARCH | 40.00 | 259845 | 0 | 53691 | X | |||
| RUSSELL G ROBERTSON | ||||||||
| DEAN | 40.00 | 399006 | 0 | 38109 | X | |||
| TIMOTHY HANSEN | ||||||||
| VP FACULTY AFFAIRS | 40.00 | 220261 | 0 | 40673 | X | |||
| TINA ERICKSON | ||||||||
| VP FOR INSTITUTIONAL ADVANCEMENT | 40.00 | 174360 | 0 | 18800 | X | |||
| WENDY RHEAULT | ||||||||
| VP & DEAN | 40.00 | 292624 | 0 | 33292 | X | |||
| ARTHUR SCHNEIDER | ||||||||
| DEPARTMENT CHAIR | 40.00 | 260340 | 0 | 34963 | X | |||
| BALA CHANDRAN | ||||||||
| DEPARTMENT CHAIR | 40.00 | 266479 | 0 | 25765 | X | |||
| JOHN TOMKOWIAK | ||||||||
| ASSOCIATE DEAN | 40.00 | 228229 | 0 | 47683 | X | |||
| MARINA WOLF | ||||||||
| PROFESSOR & CHAIR | 40.00 | 244729 | 0 | 51116 | X | |||
| ROBERT BRIDGES | ||||||||
| DEPARTMENT CHAIR | 40.00 | 260236 | 0 | 44563 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 5620383 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 684591 | TotalOtherCompensation |
| Number Individuals GT100 K | 91 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| G3 CONSTRUCTION GROUP | |||||
| 7575 PLAZA COURT | WILLOWBROOK | IL | 60527 | CONSTRUCTION | 1519343 |
| HARVARD MAINTENANCE | |||||
| 570 SEVENTH AVE | NEW YORK | NY | 10018 | JANITORIAL SERVICES | 831877 |
| DATATEL INC | |||||
| 4375 FAIR LAKES COURT | FAIRFAX | VA | 22033 | EPS MAINTENANCE | 312380 |
| BALANCED ENVIRONMENTS | |||||
| 17950 WEST ROUTE 173 | OLD MILL CREEK | IL | 60083 | LANDSCAPING SERVICES | 268269 |
| CROWE HORWATH LLP | |||||
| 70 WEST MADISON STREET | CHICAGO | IL | 60602 | AUDIT SERVICES | 260568 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 9 | NumberOfContractorsGT100K |
| Government Grants | 12479880 | GovernmentGrants |
| All Other Contributions | 4310613 | AllOtherContributions |
| Total Contributions | 16790493 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611310 | 69409991 | 69409991 |
| PATIENT CARE | 621400 | 4687792 | 4687792 |
| MEDICAL RESIDENT PMTS | 611310 | 3617110 | 3617110 |
| STUDENT HOUSING REVENUE | 611310 | 2397996 | 2397996 |
| CONTINUING EDUCATION | 611310 | 15025 | 15025 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8091 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8091 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 80136005 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1031436 | TotalRevenueColumn |
| Related Or Exempt Function Income | 165906 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 48154 | UnrelatedBusinessRevenue |
| Exclusion | $817,376 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 32913171 | Securities |
| Other | 25334 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 31852080 | Securities |
| Other | 56859 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1061091 | Securities |
| Other | -31525 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1029566 | TotalRevenueColumn |
| Exclusion | $1,029,566 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TRANSCRIPT AND REGISTRATION FEES | 900099 | 71340 | 71340 |
| COMPOUND TESTING - LAB | 621500 | 443617 | 443617 |
| OTHER | 900099 | 896986 | 896986 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1411943 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 100399443 | TotalRevenueColumn |
| Related Or Exempt Function Income | 81713854 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 48154 | UnrelatedBusinessRevenue |
| Exclusion | $1,846,942 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4573430 | Total |
| Program Services | 4573430 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4933021 | Total |
| Program Services | 2203549 | ProgramServices |
| Management And General | 2729472 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 132337 | Total |
| Program Services | 70194 | ProgramServices |
| Management And General | 62143 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41122832 | Total |
| Program Services | 37635316 | ProgramServices |
| Management And General | 3068659 | ManagementAndGeneral |
| Fundraising | 418857 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2999900 | Total |
| Program Services | 2597672 | ProgramServices |
| Management And General | 369042 | ManagementAndGeneral |
| Fundraising | 33186 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4736010 | Total |
| Program Services | 4065636 | ProgramServices |
| Management And General | 600861 | ManagementAndGeneral |
| Fundraising | 69513 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2892671 | Total |
| Program Services | 2447731 | ProgramServices |
| Management And General | 415522 | ManagementAndGeneral |
| Fundraising | 29418 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 385396 | Total |
| Management And General | 385396 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281758 | Total |
| Management And General | 281758 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19500 | Total |
| Management And General | 19500 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38400 | Total |
| Fundraising | 38400 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61054 | Total |
| Management And General | 61054 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5093746 | Total |
| Program Services | 4708292 | ProgramServices |
| Management And General | 301997 | ManagementAndGeneral |
| Fundraising | 83457 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 377868 | Total |
| Program Services | 49121 | ProgramServices |
| Management And General | 327112 | ManagementAndGeneral |
| Fundraising | 1635 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7031487 | Total |
| Program Services | 6314369 | ProgramServices |
| Management And General | 655281 | ManagementAndGeneral |
| Fundraising | 61837 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1970523 | Total |
| Management And General | 1970523 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3370552 | Total |
| Program Services | 3223177 | ProgramServices |
| Management And General | 143503 | ManagementAndGeneral |
| Fundraising | 3872 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 975690 | Total |
| Program Services | 827886 | ProgramServices |
| Management And General | 127334 | ManagementAndGeneral |
| Fundraising | 20470 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184848 | Total |
| Program Services | 163210 | ProgramServices |
| Management And General | 17198 | ManagementAndGeneral |
| Fundraising | 4440 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1884165 | Total |
| Program Services | 1515777 | ProgramServices |
| Management And General | 368388 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6140299 | Total |
| Program Services | 5169157 | ProgramServices |
| Management And General | 971142 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 774399 | Total |
| Program Services | 110062 | ProgramServices |
| Management And General | 664337 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EQUIPMENT AND MAINTENANCE | 606489 | 281371 | 307862 | 17256 |
| LIBRARY PERIODICALS | 990399 | 990399 | ||
| BOND FEES | 611765 | 515009 | 96756 | |
| MEMBERSHIP DUES | 310263 | 274621 | 29726 | 5916 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171952 | Total |
| Program Services | 134405 | ProgramServices |
| Management And General | 17161 | ManagementAndGeneral |
| Fundraising | 20386 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92670754 | Total |
| Program Services | 77870384 | ProgramServices |
| Management And General | 13991727 | ManagementAndGeneral |
| Fundraising | 808643 | Fundraising |
Total Joint Costs TotalJointCosts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11587990 | BOY |
| EOY | 18806512 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 470260 | BOY |
| EOY | 1085961 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 415185 | BOY |
| EOY | 471996 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2734897 | BOY |
| EOY | 2682844 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12007142 | BOY |
| EOY | 11522034 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1376729 | BOY |
| EOY | 1388776 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 175176137 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 75238576 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101587837 | BOY |
| EOY | 99937561 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40722042 | BOY |
| EOY | 46458179 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17075298 | BOY |
| EOY | 14221014 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1045334 | BOY |
| EOY | 973679 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8066794 | BOY |
| EOY | 9113864 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197089508 | BOY |
| EOY | 206662420 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9190497 | BOY |
| EOY | 10583737 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4820529 | BOY |
| EOY | 4761581 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50345000 | BOY |
| EOY | 50345000 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1200000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41431737 | BOY |
| EOY | 48079524 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 105787763 | BOY |
| EOY | 114969842 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80454339 | BOY |
| EOY | 79214469 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5200189 | BOY |
| EOY | 6823947 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5647217 | BOY |
| EOY | 5654162 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91301745 | BOY |
| EOY | 91692578 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197089508 | BOY |
| EOY | 206662420 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 7728689 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -7337856 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $19,500 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 19500 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Description of the activities reported on Lines 1a through 1i | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | 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. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 58267600 | BeginningOfYearBalance |
| Contributions | 6728666 | Contributions |
| Investment Earnings Or Losses | 1555354 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 495399 | GrantsOrScholarships |
| Other Expenditures | 4291067 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 61765154 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50856294 | BeginningOfYearBalance |
| Contributions | 6733262 | Contributions |
| Investment Earnings Or Losses | 3492589 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 417461 | GrantsOrScholarships |
| Other Expenditures | 2397084 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 58267600 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 52005055 | BeginningOfYearBalance |
| Contributions | 796371 | Contributions |
| Investment Earnings Or Losses | 1579437 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 143790 | GrantsOrScholarships |
| Other Expenditures | 3380779 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 50856294 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 75676972 | BeginningOfYearBalance |
| Contributions | 478737 | Contributions |
| Investment Earnings Or Losses | -22446013 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 618184 | GrantsOrScholarships |
| Other Expenditures | 1086457 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 52005055 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.90310 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.09150 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00540 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 16286288 | OtherCostOrOtherBasis |
| Book Value | 16286288 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 121849337 | OtherCostOrOtherBasis |
| Depreciation | 48994436 | Depreciation |
| Book Value | 72854901 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 34440512 | OtherCostOrOtherBasis |
| Depreciation | 25854140 | Depreciation |
| Book Value | 8586372 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2600000 | OtherCostOrOtherBasis |
| Depreciation | 390000 | Depreciation |
| Book Value | 2210000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 99937561 | TotalOfBookValueLandBuildings |
Financial Derivatives FinancialDerivatives
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Closely Held Equity Interests CloselyHeldEquityInterests
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | 0 | BookValue |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS | 11268676 | F |
| PRIVATE EQUITY | 2952338 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 14221014 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| FEDERAL EQUITY IN STUDENT LOAN PROGRAM | $12,635,558 |
| DERIVATIVE INSTRUMENT | $11,843,966 |
| POSTRETIREMENT HEALTHCARE BENEFITS | $23,600,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 48079524 | TotalOfAmounts |
| Total Revenue | 100399444 | TotalRevenue |
| Total Expenses | 92670756 | TotalExpenses |
| Excess Or Deficit For Year | 7728688 | ExcessOrDeficitForYear |
| Other | $0 | OtherAmount |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 7728688 | ExcessOrDeficitPerFS |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 0 | RevenueSubtotal |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 0 | TotalRevenuePerForm990 |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 0 | ExpensesSubtotal |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 0 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Intended uses of endowment funds | Schedule D, Part V, Line 4 | 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. |
| FIN 48 (ASC 740) footnote | Schedule D, Part X, Line 2 | 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 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) 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, 2012, 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. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (5 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| MIDDLE EAST AND NORTH AFRICA | 0 | 0 | PROGRAM SERVICES | COLLABORATION ABROAD | 3996 |
| EUROPE (INCLUDING ICELAND AND GREENLAND) | 0 | 0 | PROGRAM SERVICES | CONFERENCES AND MEETINGS ABROAD | 33952 |
| NORTH AMERICA (CANADA & MEXICO ONLY) | 0 | 0 | PROGRAM SERVICES | CONFERENCES AND MEETINGS ABROAD | 9902 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | CONFERENCE AND MEETINGS ABROAD | 3998 |
| CENTRAL AMERICA AND THE CARIBBEAN | INVESTMENTS | 11268676 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 11320524 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | false | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Method used to account for expenditures on organization's financial statements | Identifier |
| Return Reference | Schedule F, Part I, Line 3 | ReturnReference |
| Explanation | MIDDLE EAST AND NORTH AFRICA: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL NORTH AMERICA (CANADA & MEXICO ONLY): ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL CENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone Solicitations | X | PhoneSolicitations |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HARRIS CONNECT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | PHONE SOLICITING | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Amount Retained By Contractor | 38400 | AmountRetainedByContractor |
| Net To Organization | 38400 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 38400 | TotalRetainedByContractors |
| Total Net To Organization | 38400 | TotalNetToOrganization |
| Licensed States | AZ | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | DE | LicensedStates |
| Licensed States | DC | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WY | LicensedStates |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|
| TUITION WAIVERS | 785 | 3367438 | 0 | N/A | N/A |
| PRIVATE SCHOLARSHIPS | 97 | 661987 | 0 | N/A | N/A |
| DEPT. OF DEFENSE SCHOLARSHIPS | 13 | 498224 | 0 | N/A | N/A |
| FEDERAL SCHOLARSHIPS | 4 | 45781 | 0 | N/A | N/A |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for monitoring use of grant funds | Identifier |
| Return Reference | Schedule I, Part I, Line 2 | ReturnReference |
| 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. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (17 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| K MICHAEL WELCH | |||||||||||||
| 578315 | 0 | 0 | 0 | 1043134 | 0 | 24500 | 0 | 24715 | 0 | 1670664 | 0 | 950000 | 0 |
| TIMOTHY HANSEN | |||||||||||||
| 220261 | 0 | 0 | 0 | 0 | 0 | 22500 | 0 | 18173 | 0 | 260934 | 0 | 0 | 0 |
| WENDY RHEAULT | |||||||||||||
| 292624 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 8792 | 0 | 325916 | 0 | 0 | 0 |
| GLORIA MEREDITH | |||||||||||||
| 221481 | 0 | 0 | 0 | 0 | 0 | 23000 | 0 | 21293 | 0 | 265774 | 0 | 0 | 0 |
| ROBERT BRIDGES | |||||||||||||
| 260236 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 20063 | 0 | 304799 | 0 | 0 | 0 |
| ARTHUR SCHNEIDER | |||||||||||||
| 260340 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 10463 | 0 | 295303 | 0 | 0 | 0 |
| ROBERTA LANE | |||||||||||||
| 245876 | 0 | 0 | 0 | 0 | 0 | 23000 | 0 | 18567 | 0 | 287443 | 0 | 0 | 0 |
| BALA CHANDRAN | |||||||||||||
| 266479 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 1265 | 0 | 292244 | 0 | 0 | 0 |
| MARGOT A SURRIDGE | |||||||||||||
| 322187 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 9678 | 0 | 356365 | 0 | 0 | 0 |
| MARINA WOLF | |||||||||||||
| 244729 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 26616 | 0 | 295845 | 0 | 0 | 0 |
| NANCY PARSLEY | |||||||||||||
| 206599 | 0 | 0 | 0 | 0 | 0 | 20824 | 0 | 801 | 0 | 228224 | 0 | 0 | 0 |
| RONALD KAPLAN | |||||||||||||
| 259845 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 29191 | 0 | 313536 | 0 | 0 | 0 |
| JOSEPH X DIMARIO | |||||||||||||
| 166044 | 0 | 0 | 0 | 0 | 0 | 15567 | 0 | 27812 | 0 | 209423 | 0 | 0 | 0 |
| RUSSELL G ROBERTSON | |||||||||||||
| 399006 | 0 | 0 | 0 | 0 | 0 | 24500 | 0 | 13609 | 0 | 437115 | 0 | 0 | 0 |
| MONICA OBLINGER | |||||||||||||
| 122242 | 0 | 0 | 0 | 0 | 0 | 13194 | 0 | 27191 | 0 | 162627 | 0 | 0 | 0 |
| JOHN TOMKOWIAK | |||||||||||||
| 228229 | 0 | 0 | 0 | 0 | 0 | 23492 | 0 | 24191 | 0 | 275912 | 0 | 0 | 0 |
| TINA ERICKSON | |||||||||||||
| 174360 | 0 | 0 | 0 | 0 | 0 | 17500 | 0 | 1300 | 0 | 193160 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES: | PART I | MONICA OBLINGER AND JOHN BECKER ARE NOT COMPENSATED BY RFUMS IN THEIR CAPACITY AS BOARD MEMBERS, BUT THEY DO RECEIVE COMPENSATION IN THE CAPACITY AS FACULTY MEMBERS OF THE UNIVERSITY. |
| Housing allowance or residence for personal use | Schedule J, Part I, Line 1a | RFUMS PROVIDES HOUSING FOR ITS PRESIDENT, DR. K. MICHAEL WELCH. THE COST ASSOCIATED WITH THIS BENEFIT WAS TREATED AS TAXABLE COMPENSATION AND ACCORDINGLY HAS BEEN INCLUDED IN W-2 WAGES. |
| Supplemental nonqualified retirement plan | Schedule J, Part I, Line 4b | DR. K. MICHAEL WELCH- RECEIVED PAYMENT OF $1,000,939 FROM SUPPLEMENTAL PLAN. $950,000 OF THAT AMOUNT WAS REPORTED AS DEFERRED COMPENSATION IN PRIOR YEARS ON PRIOR FORMS 990. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS HEALTH FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 362780046 | IssuerEIN |
| CUSIP Number | 45200PVN4 | CUSIPNumber |
| Date Issued | 2003-02-03 | DateIssued |
| Issue Price | 57500000 | IssuePrice |
| Description Of Purpose | EDU FACILITIES AND RENOVATIONS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 57600299 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 735748 | IssuanceCostsFromProceeds |
| Credit Enhancement | 1624929 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 25211184 | CapitalExpenditures |
| Other Spent Proceeds | 30028438 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2006 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | false | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | false | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.0000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.0000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.0000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
| Term Of Hedge | 0.0 | TermOfHedge |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
| Term Of GIC | 0.0 | TermOfGIC |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| SCOTT SURRIDGE | |||
| SON OF EVP AND COO | 62143 | EMPLOYEE OF THE UNIVERSITY | false |
| JUNE MAYOR | |||
| WIFE OF KEY EMPLOYEE | 70194 | EMPLOYEE OF THE UNIVERSITY | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| MISSION STATEMENT | FORM 990, PART III, LINE 1 | 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. |
| Description of other program services | Form 990, Part III, Line 4d | PROGRAM SERVICE REVENUE FROM INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES. |
| Review of form 990 by governing body | Form 990, Part VI, Section B, Line 11b | 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. |
| Conflict of interest policy | Form 990, Part VI, Section B, Line 12c | 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. A TRUSTEE MAY NOT PARTICIPATE IN OR BE PRESENT DURING DELIBERATIONS REGARDING ANY MATTER WHERE THERE IS AN ACTUAL OR PERCEIVED CONFLICT OF INTEREST. THE REMAINING TRUSTEES DETERMINE THE PROPER COURSE OF ACTION. MINUTES OF THE MEETING REFLECT BOTH THE NAME OF AND THE NATURE OF THE CONFLICT. |
| Process used to establish compensation of top management official | Form 990, Part VI, Section B, Line 15a | 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 THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, THE BOARD RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN ACADEMIC HEALTHCARE WHEN ANNUAL INCREASES ARE AWARDED. 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 JANUARY, 2011. |
| Process used to establish compensation of other officers/key employees | Form 990, Part VI, Section B, Line 15b | THE TOTAL COMPENSATION PACKAGE OF THE ORGANIZATION'S OTHER OFFICERS OR 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 ORGANIZATION'S OTHER OFFICERS OR KEY EMPLOYEES AT THE 75TH PERCENTILE OR BELOW THE MARKET. TO ENSURE THAT COMPENSATION IS BOTH REASONABLE AND COMPETITIVE, THE BOARD RETAINS THE SERVICES OF AN OUTSIDE INDEPENDENT CONSULTING FIRM WITH EXPERTISE IN ACADEMIC HEALTHCARE WHEN ANNUAL INCREASES ARE AWARDED. 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 OR KEY EMPLOYEES' COMPENSATION ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN FOR THE ORGANIZATION'S OTHER OFFICERS OR KEY EMPLOYEES' IN JANUARY, 2011. |
| Governing documents, conflict of interest policy and financial statements available to the public | 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. |
| HOURS DEVOTED TO RELATED ORGANIZATIONS | FORM 990, PART VII, SECTION A, LINE 1A, COLUMN (B) | MARGOT A. SURRIDGE, EXEC. VP & COO, DEVOTES APPROXIMATELY 10 HRS A WEEK TO ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM, A RELATED TAX-EXEMPT ORGANIZATION. THE FOLLOWING TRUSTEES DEVOTES APPROXIMATELY 1 HR A WEEK TO ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM, A RELATED TAX-EXEMPT ORGANIZATION. KATHLEEN M. STONE, JOAN CUMMINGS, WILFRED J. LUCAS, AND MICHAEL J. HRILJAC. |
| OTHER FEES FOR SERVICES | FORM 990, PART IX, LINE 11G | THE AMOUNT REPORTED ON FORM 990, PART IX, LINE 11G CONSISTS PRIMARILY OF THE COST ASSOCIATED WITH THE PLACEMENT OF THE UNIVERSITY'S STUDENTS IN TRAINING PROGRAMS AT HOSPITALS IN THE SURROUNDING AREA. |
| Other changes in net assets or fund balances | Form 990, Part XI, Line 5 | NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -371270; POST RETIREMENT BENEFIT EXPENSE - -3457883; LEGAL SETTLEMENT - 1975554; UNREALIZED LOSS ON DERIVATIVE INSUTRUMENT - -5484257; |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 GREEN BAY ROAD | AddressLine1 |
| City | NORTH CHICAGO | City |
| State | IL | State |
| ZIP Code | 60064 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 770691998 | EIN |
| Primary Activities | HEALTH CARE | PrimaryActivities |
| Legal Domicile State | IL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11 - Type I | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RFUMS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | true | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM | ||
| D | 9113864 | ACTUAL COST |
| ROSALIND FRANKLIN UNIVERSITY HEALTH SYSTEM | ||
| Q | 1600000 | ACTUAL COST |
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