2011-02-28T08:43:19-06:00 2010-05-31 RSM McGladrey Inc PO Box 159 Springfield IL 627050159 990 2009-06-01 370661211 Illinois College ILLI 2172453003 1101 West College Avenue Jacksonville IL 626502299 FRANK WILLIAMS 2172453003 2011-02-28 1 George Weber 2175223000 2009 2016-02-24 21:20:13Z DR AXEL STEUER 1101 West College Avenue Jacksonville IL 626502299 45569935 0 X WWW.IC.EDU X 1835 IL ILLINOIS COLLEGE IS A CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING PROVIDING A FOUR-YEAR EDUCATIONAL PROGRAM LEADING TO THE BACCALAUREATE DEGREE. ILLINOIS COLLEGE IS A COMMUNITY COMMITTED TO THE HIGHEST STANDARDS OF SCHOLARSHIP AND INTEGRITY IN THE LIBERAL ARTS. 26 26 871 512 -49258 -49258 2302133 2651384 21153263 22637782 4287928 6925941 764892 539093 28508216 32754200 6879892 7934645 0 13394539 13428901 71000 0 1359015 13681438 12358861 34026869 33722407 -5518653 -968207 174955162 187432114 27624123 27977922 147331039 159454192 TRUE TO ITS FOUNDING VISION IN 1829, ILLINOIS COLLEGE IS A COMMUNITY COMMITTED TO THE HIGHEST STANDARDS OF SCHOLARSHIP AND INTEGRITY IN THE LIBERAL ARTS. THE COLLEGE DEVELOPS IN ITS STUDENTS QUALITIES OF MIND AND CHARACTER NEEDED FOR FULFILLING LIVES OF LEADERSHIP AND SERVICE. 0 0 28964565 24900395 PROVISION OF POST-SECONDARY EDUCATION TO APPROXIMATELY 1000 STUDENTS 28964565 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 155 0 871 1 1 1 0 0 0 0 0 0 0 0 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Frank Williams 2172453003 1101 West College Avenue Jacksonville IL 626502299 SUSAN ALLEN 1.00 X 0 0 0 JOY FRENCH BECKER 1.00 X 0 0 0 JAMES BRUNER 1.00 X 0 0 0 ROBERT CHIPMAN 1.00 X 0 0 0 HARMON B DEAL III 1.00 X 0 0 0 DEL DUNHAM 1.00 X 0 0 0 JAMES GREEN MD 1.00 X 0 0 0 JOHN KAY DMIN 1.00 X 0 0 0 PATRICK MATHIS 1.00 X 0 0 0 STEVEN MILLS 1.00 X 0 0 0 JOHN PORTER 1.00 X 0 0 0 JOHN POWER 1.00 X 0 0 0 SUSAN PRATT PHD 1.00 X 0 0 0 HENRY SCHMITT 1.00 X 0 0 0 JEAN COULTAS STATLER 1.00 X 0 0 0 ROBERT B THOMSON III 1.00 X 0 0 0 KATHERINE TILLERY 1.00 X 0 0 0 JAMES VOYLES 1.00 X 0 0 0 E EUGENE WELLS DDS 1.00 X 0 0 0 DUANE HESS 1.00 X 0 0 0 H CHANDLER TAYLOR 1.00 X 0 0 0 NANCY FARMER 1.00 X 0 0 0 ROBERT BONJEAN JR 1.00 X 0 0 0 LINDA NEWMAN PRICE 1.00 X 0 0 0 STEPHEN TAVENDER 1.00 X 0 0 0 JOEL HARMON 1.00 X 0 0 0 AXEL STEUER 50.00 X X 194484 0 27873 ELIZABETH TOBIN 50.00 X X 155737 0 23714 JASON EMBRY 50.00 X X 133163 0 14343 FRANK WILLIAMS 50.00 X X 122355 0 22648 BARB LUNDBERG 50.00 X X 146829 0 21163 MALINDA CARLSON 50.00 X X 101047 0 13873 853615 0 123614 6 0 1 0 CHARTWELLS DINING SERVICE 91337 COLLECTION DRIVE CHICAGO IL 60693 FOOD SERVICES 1543663 RIVER CITY CONSTRUCTION 101 HOFFER LANE EAST PEORIA IL 61611 CONSTRUCTION SERVICES 471156 HYMES CONSTRUCTIONS 108 EDLEN LANE JACKSONVILLE IL 62650 CONSTRUCTION SERVICES 390324 ROYALL & COMPANY 1920 E PARHAM ROAD RICHMOND VA 23228 ENROLLMENT PROGRAM SERVICES 229112 PRODUCTION PRESS INC 307 E MORGAN JACKSONVILLE IL 62650 PRINTING AND PAPER SUPPLY 222267 10 482821 2168563 359379 2651384 TUITION & FEES 900099 17528056 17528056 AUXILIARY REVENUE 900099 5109726 5109726 22637782 5251679 5251679 83234 132492 -49258 -49258 -49258 14357505 12683243 1674262 1674262 1674262 OTHER INVESTMENT INCOM 900099 332000 332000 COMMISSIONS/CONTRACT C 900099 161475 161475 MISC STUDENT FINES/FEE 900099 26243 26243 68633 68633 588351 32754200 24900395 -49258 5251679 7934645 7934645 959775 362432 424894 172449 9787891 8402290 991648 393953 619667 505339 81672 32656 1367170 1114927 180193 72050 694398 566281 91522 36595 12923 10539 1703 681 72142 58832 9508 3802 185030 150892 24387 9751 1053579 859193 138862 55524 47679 38882 6284 2513 846098 689993 111516 44589 284938 232367 37555 15016 2627968 2143108 346366 138494 954812 778649 125844 50319 257388 209900 33924 13564 3188889 2600539 420296 168054 509937 415853 67210 26874 auXILIARY ENTERPRISES 1329466 1084179 175224 70063 accretion 258033 210426 34009 13598 SMALL EQUIPMENT 224952 183448 29649 11855 DUES & MEMBERSHIPS 150160 122456 19791 7913 peRKINS INSTITUTIONAL C 124967 101910 16471 6586 229900 187485 30299 12116 33722407 28964565 3398827 1359015 2832902 2417343 2924276 2792779 112516 77338 1750520 1751718 265732 312494 108946506 41111802 69096702 67834704 81381602 95300899 3827684 3966225 12763228 12978614 174955162 187432114 8904926 9632028 1080596 1076136 15000000 15000000 1000000 500000 1638601 1769758 27624123 27977922 X 92970847 77913748 12001554 37824969 42358638 43715475 147331039 159454192 174955162 187432114 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 94865292 672997 19701921 6610978 108629232 121011788 703512 -19268008 7582000 94865292 0.29880 0.39280 0.30840 0 0 84319136 24891429 59427707 7491939 3122545 4369394 16370644 13097828 3272816 764787 764787 67834704 ACCRUED INTEREST RECEIVABLE 765517 Deferred Underwriting Charges, Net 180284 REAL ESTATE 11987077 OTHER ASSETS 45736 12978614 ADVANCES FROM US GOVT 1769758 1769758 32754200 33722407 -968207 13135804 -44444 13091360 12123153 46022496 13135804 132492 13268296 32754200 0 32754200 33899343 176936 176936 33722407 0 33722407 Part V, Line 4: Description of Intended Use of Endowment Funds: THE COLLEGE HAS THE FOLLOWING DONOR RESTRICTED ENDOWMENT FUNDS: GENERAL INSTITUTIONAL SUPPORT, SCHOLARSHIP SUPPORT, EDUCATIONAL PROGRAM SUPPORT, ACADEMIC AWARD SUPPORT, BUILDING AND MAINTENANCE SUPPORT AND LOAN FUND SUPPORT. Part XI, Line 8 - Other Adjustments: Change in value of split-interest agreements: -44444. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES: 132492. Part XIII, Line 2d - Other Adjustments: RENTAL EXPENSES: 132492. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: 44444. 1 1 1 THE NONDISCRIMINATION POLICY IS INCLUDED IN ALL STUDENT RECRUITMENT CAMPAIGNS. THIS POLICY IS ALSO INCLUDED IN THE EMPLOYEE & STUDENT HANDBOOKS. 1 1 1 1 0 0 0 0 0 0 0 0 1 0 ILLINOIS COLLEGE RECEIVES FEDERAL AND STATE AID THAT IS PASSED THROUGH TO STUDENTS. THE COLLEGE PARTICIPATES IN THE TITLE IV FEDERAL STUDENT AID PROGRAM. THESE PROGRAMS INCLUDE PELL GRANT, FEDERAL SUPPLEMENTAL EDUCATION OPPORTUNITIES GRANT, ACADEMIC COMPETITIVENESS GRANT, NATIONAL SCIENCE AND MATHEMATICS ACCESS TO RETAIN TALENT GRANT. 1 1 STUDENT SCHOLARSHIPS 867 7934645 BOOK X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 AXEL STEUER 192198 0 0 0 2286 0 13932 0 13941 0 222357 0 0 0 ELIZABETH TOBIN 140410 0 0 0 15327 0 10273 0 13441 0 179451 0 0 0 BARB LUNDBERG 137692 0 0 0 9137 0 10005 0 11158 0 167992 0 0 0 ILLINOIS FINANCING AUTHORITY 861091967 452000KS6 2005-01-13 15000000 CONSTRUCTION OF NEW RESIDENCE HALL 0 0 15000000 228929 14771071 2006 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 JOY FRENCH BECKER TRUSTEE PRESIDENT OF A BANK THE COLLEGE USES. NO PAYMENTS TO EITHER PARTY. 0 X 7029 COST X 10 345464 FMV X EQUIPMENT 5 1817 FMV X TEXTBOOKS 1 2500 FMV X M&E 3 2569 COST 0 1 0 Form 990, Part VI, Section B, line 11 THE BOARD OF TRUSTEES HAVE DIRECTED THE AUDIT SUBCOMMITTEE TO REVIEW THE ANNUAL FORM 990. THE AUDIT SUBCOMMITTEE HAS THE ACCOUNTING EXPERTISE TO UNDERSTAND AND EVALUATE THE FORM 990. Form 990, Part VI, Section B, line 12c ANNUALLY, THE BOARD OF TRUSTEES COMPLETES A DISCLOSURE FORM. THIS IS DUE ON THE FIRST DAY OF THE FISCAL YEAR, JUNE 1. THE PRESIDENT'S OFFICE COLLECTS THE FORMS. THESE FORMS ARE PROVIDED TO THE BOARD CHAIRPERSON AND REVIEWED FOR ANY CONFLICTS OF INTEREST. THE COLLEGE HAS A HANDBOOK THAT INCLUDES THE CONFLICT OF INTEREST POLICY. THIS IS PROVIDED TO ALL FACULTY AND STAFF. MANAGEMENT MONITORS AND ENFORCES THIS POLICY BY OBSERVATION. Form 990, Part VI, Section B, line 15 THE COLLEGE USES SEVERAL FACTORS TO DETERMINE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE OFFICERS OF THE COLLEGE CONSIST OF THE PRESIDENT AND VICE PRESIDENT CABINET MEMBERS. THE TRUSTEES OF THE COLLEGE DETERMINE THE PRESIDENT'S SALARY. THE PRESIDENT OF THE COLLEGE DETERMINES THE SALARY OF ALL VICE PRESIDENT CABINET MEMBERS. THE COLLEGE USES SALARY SURVEYS, COMPARABLE DATA FROM OUR PEER INSTITUTIONS AND YEARS OF EXPERIENCE WHEN DETERMINING COMPENSATION RANGES. Form 990, Part VI, Section C, line 19 THE COLLEGE PROVIDES A HANDBOOK TO ALL FACULTY AND STAFF. THE HANDBOOK CONTAINS THE CONFLICT OF INTEREST POLICY. THE COLLEGE PROVIDES A COPY OF THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PAGE 12, PART XI, LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.