2012-05-15T09:21:36-05:00 2011-06-30 BENNING GROUP LLC 6785 WEAVER RD STE 2A ROCKFORD IL 611148056 990 2010-07-01 362167842 ROCKFORD COLLEGE ROCK 8152264093 5050 EAST STATE STREET ROCKFORD IL 61108 CHRISTINA ANDERSON 8152264093 2012-04-13 CURTIS D KLECKLER 8153162375 2012-05-15 2010 2016-02-24 21:20:13Z CHRISTINA ANDERSON 5050 EAST STATE STREET ROCKFORD IL 61108 32754097 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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THIS GUIDANCE PRESCRIBED 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, 2011. 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 2008 THROUGH 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 FINANCIAL AID NETTED WITH REVENUE ON F/S -8,433,531 FINANCIAL AID NETTED WITH REVENUE ON F/S 8,433,531 REVENUE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 4B FINANCIAL AID NETTED WITH REVENUE ON F/S 8,433,531 EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 4B FINANCIAL AID NETTED WITH REVENUE ON F/S 8,433,531 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 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 2379 8433531 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 249330 6600 21019 276949 157930 STEPHANIE QUINN 149883 4500 6004 160387 154584 PETER PROVENZANO CASH FLOW FOR OPERATIONS X 250000 123644 false true true TERRY INGRASIA CASH FLOW FOR OPERATIONS X 50000 25000 false true true 148644 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, 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 PRIOR TO FILING 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