2011-05-13T15:05:42-05:00 2010-06-30 RSM MCGLADREY INC ONE SOUTH WACKER DRIVE SUITE 800 CHICAGO IL 606063392 990 2009-07-01 362593545 Erikson Institute ERIK 3127552250 451 North LaSalle Street Chicago IL 606544510 Samuel J Meisels 3127552250 2011-05-13 1 3126343400 2009 2016-02-24 21:20:13Z Samuel J Meisels 451 North LaSalle Street Chicago IL 606544510 19239273 0 X www.Erikson.edu X 1966 IL Erikson is an institution of higher education focusing on teaching, research and clinical and community service in the area of child development and early care and education. 40 39 230 200 0 0 13700157 9765511 4486998 5266271 226411 310405 150372 74208 18563938 15416395 1179538 1229392 0 10519303 10819941 60448 0 830792 7873026 7534457 19632315 19583790 -1068377 -4167395 76635457 79969417 33493311 39926138 43142146 40043279 Erikson Institute is an independent institution of higher education that prepares child development professionals for leadership. Through its academic programs, applied research and community service and engagement, Erikson advances the ability of practitioners, researchers,and decision makers to improve life for children and their families. The Institute is a catalyst for discovery and change, continually bringing the newest scientific knowledge and theories of children's development and learning into its classrooms and out to the community so that professionals serving children and families are informed, inspired and responsive. 0 0 6169000 3477000 Erikson provides graduate level education child development and training. The number of enrolled students pursuing masters and doctoral degrees was approximately 300. Erikson graduated its largest class of 107 students this past year. Many more students take shorter-term certificate programs or engage in continuing professional development. 1608710 1229392 247409 The Herr Research Center for Children and Social Policy informs, guides, and supports effective early childhood policy in the Great Lakes region. Unique in its regional approach, the center brings together perspectives from policy and research to promote the well-being of your children from birth to age 8 and their families. Our researchers design and conduct original research, evaluations & analysis. We then channel this knowledge to government officials, program administrators, advocates, foundation officers and other participants in the policy process to improve the overall effectiveness of programs and policies for young children & families. 747936 131836 The Fussy Baby network provides services to parents who are concerned about their baby's crying, sleeping or feeding, or who are overwhelmed by their child's needs. The network offers in-home visits, a call-in line to answer questions, and support groups for parents. In the Chicago area, developmental assessments can be done. 7129331 1410026 -Foster child development, monitoring & assessments-Center for children & families-New schools project-Early math training-Professional development 7129331 1410026 15654977 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 128 0 1 230 1 0 0 0 0 0 1 1 0 0 0 40 39 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 1 0 0 IL X Susan Wallace 3127552250 451 N LaSalle Street Chicago IL 606544510 Catherine M Adduci 1.00 X 0 0 0 Eric Adelstein 1.00 X 0 0 0 Virginia G Bobins 1.00 X 0 0 0 Barbara T Bowman 40.00 X 139557 0 27829 Martin Cabrera 1.00 X 0 0 0 Jeanna Marie Capito 1.00 X 3256 0 0 Gery J Chico 1.00 X X 0 0 0 Michelle L Collins 1.00 X 0 0 0 Katherine K Combs 1.00 X 0 0 0 Susan G Gallagher 1.00 X 0 0 0 Sabrina Gracias 1.00 X 0 0 0 Lee Eugene Harkleroad 1.00 X 0 0 0 Toby Herr 1.00 X 0 0 0 John L Hines 1.00 X X 0 0 0 Bruce E Huey 1.00 X X 0 0 0 Lewis S Ingall 1.00 X 0 0 0 Richard P Kiphart 1.00 X 0 0 0 Ira Korman 1.00 X 0 0 0 Mary A Laraia 1.00 X 0 0 0 Mitchell Lederer 1.00 X 0 0 0 Edward S Loeb 1.00 X 0 0 0 Shirley Madigan 1.00 X 0 0 0 Judy McCaskey 1.00 X 0 0 0 John W McNulty 1.00 X 0 0 0 Kate Neisser 1.00 X X 0 0 0 Scott M Newberger 1.00 X 0 0 0 Kathy Pick 1.00 X 0 0 0 James J Roche 1.00 X 0 0 0 Royal Kennedy Rodgers 1.00 X 0 0 0 Cari B Sacks 1.00 X 0 0 20800 Gene R Saffold 1.00 X 0 0 11426 Richard S Schuham 1.00 X 0 0 0 Joy Segal 1.00 X 0 0 0 Sara Crown Star 1.00 X 0 0 0 Eve M Tyree 1.00 X 0 0 0 Patricia Walsh 1.00 X 0 0 0 Joyce Walters 1.00 X 0 0 0 Adrienne E White 1.00 X 0 0 0 Susan J Wislow 1.00 X 0 0 0 Sheri B Zuckerman 1.00 X 0 0 0 Samuel Meisels 40.00 X 264527 0 37795 Janice Promer 40.00 X 139640 0 16721 Jonathon Frank 40.00 X 141400 0 24316 Linda Gilkerson 40.00 X 122591 0 9877 Gillian McNamee 40.00 X 113664 0 22136 Jeanne Mueller 40.00 X 141802 0 16515 Eileen Murphy 40.00 X 147891 0 11953 Frances Rust Former - 63009 40.00 X 164316 0 15403 1378644 0 214771 15 1 1 0 SRI International PO Box 2767 Menlo Park CA 94025 Project Research 979461 Alter Group 75 Remittance Drive Chicago IL 60675 Building Management 339045 Eurest Service 4700 N Oketo Avenue Harwood Heights IL 60706 Janitorial Service 138006 Ace Graphics 2052 Corporate Lane Naperville IL 60563 Design & Printing 124814 4 650681 9114830 16014 9765511 Student Tuition & Fees 611600 3476614 3476614 Consulting Fees 611600 1789657 1789657 5266271 595569 595569 3212505 3497669 -285164 -285164 -285164 325209 650681 325209 0 Miscellaneous 900099 74208 74208 74208 15416395 5266271 0 384613 1229392 1229392 1356150 546051 685956 124143 7586206 6706045 530727 349434 515496 418137 70081 27278 659623 534543 90035 35045 702466 569950 95388 37128 56518 9952 46566 31230 5496 25734 91439 91439 2459525 2015923 413099 30503 97092 85592 10920 580 397255 173836 198645 24774 141618 88114 46349 7155 44799 44799 518056 470352 12579 35125 218130 211081 6139 910 215755 179350 23880 12525 1543059 1080141 385765 77153 951710 666197 237928 47585 184437 91643 92794 Printing and Copying 223062 216384 6678 Miscellaneous Expenses 161956 118078 32145 11733 Bad Debt Expense 117841 114459 508 2874 Books, Library Material 80975 79462 1344 169 19583790 15654977 3098021 830792 556075 2327246 2458503 893594 18028798 14516523 73897 119058 34477794 4097307 31232879 30380487 15453716 22239260 7556072 9327356 1275517 165893 76635457 79969417 797319 1190287 195992 48302 32500000 32500000 0 6187549 33493311 39926138 X 15846455 15050627 11435922 9357605 15859769 15635047 43142146 40043279 76635457 79969417 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31706224 1202691 3357460 55168 4107362 32103845 19376195 21194331 -4375266 39500 2949075 33206685 0.46880 0.04420 0.48700 0 0 2692677 2692677 27824103 1347136 26476967 3908514 2750171 1158343 52500 52500 30380487 Private Equity and Hedge Funds 9327356 F 9327356 Interest Rate Swap Agreement 6187549 6187549 15416395 19583790 -4167395 3141258 -2072730 1068528 -3098867 15164092 3141258 3141258 12022834 91439 3302122 3393561 15416395 18262959 0 18262959 91439 1229392 1320831 19583790 Part V, Line 4: Description of Intended Use of Endowment Funds: The Board of Trustees has designated certain amounts of unrestricted revenues to be classified as funds functioning as endowment. The income on these funds will be used to support ongoing operations. As of June 30, 2010, these funds were established for the following purposes: Facilities $8,131,390 General Operations $6,818,937 Scholarships $100,300 Part X: Description of Uncertain Tax Positions Under FIN 48: On July 1, 2009, the Institute adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statments. Under this guidance, the Institute may recognize the tax benefit from an uncertain position only if it is more likely than not that the position will be sustained on examination by taxing authorities, based on technical merits of the position. Examples of tax positions include the tax-exempt status of the Institute, and various positions related to the potential sources of unrelated business taxable income (UBIT). There were no unrecognized tax benefits identified or recorded as liabilities during the year. The Institute files Form 990 in the U.S. federal jurisdiction and in the State of Illinois. The Institute is generally no longer subject to examination by the Internal Revenue Service for years before 2006. Part XI, Line 8 - Other Adjustments: Interest Rate Swap Adjustment To Fair Value Part XII, Line 4b - Other Adjustments: Scholarship Awards and Grants: 1229392. Interest Rate Swap Fair Value Adjustment: 2072730. Part XIII, Line 4b - Other Adjustments: Scholarship Awards and Grants: 1229392. 1 1 1 The policy is made available in both employee and student handbooks, as well as on the organization's website and in promotional materials used at recruiting events. 1 1 1 1 0 0 0 1 0 0 0 0 Erikson has one scholarship fund that is specifically designed to be for minority students. 0 0 1 DINNER 975890 650681 325209 109481 215728 975890 650681 325209 109481 215728 325209 0 1 Boeing Scholarhsips 19 90073 Harris Leadership Scholarships 40 337000 B&N Harris Scholarships 43 122916 Infant Studies Scholarships 16 74908 CPS Scholarships 14 49470 DCYS Scholarships 14 68140 ISBE Scholarships 19 175560 Bounce Scholarships 26 60560 Grand Victoria Scholarhsips 7 39914 Gateway Scholarships 7 31404 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Scholarship funds can be used for tuition, books and living expenses. In general they are applied first to tuition and balances sent to students. It is reviewed every school term and is monitored in compliance with student aid protocols. The student loan program is audited every year in compliance with federal single audit standards. X 1 1 X X X X 1 1 0 0 0 0 0 0 0 Barbara T Bowman 136701 0 0 0 2856 0 27334 0 1395 0 168286 0 0 0 Samuel Meisels 253811 0 0 0 10716 0 37300 0 1395 0 303222 0 0 0 Janice Promer 139640 0 0 0 0 0 11426 0 6195 0 157261 0 0 0 Jonathon Frank 141400 0 0 0 0 0 12153 0 13063 0 166616 0 0 0 Jeanne Mueller 141802 0 0 0 0 0 11571 0 5844 0 159217 0 0 0 Eileen Murphy 109855 0 0 0 38036 0 11953 0 600 0 160444 0 0 0 Frances Rust (Former - 63009) 78843 0 0 0 85473 0 15403 0 0 0 179719 0 0 0 Part I, Line 1a Samuel Meisels has housing allowance of $7,500. Part I, Line 4a Frances Rust $85,473 severance payment, $2,194 non-qualified deferred plan Samuel Meisels $16,500 non-qualified deferred plan Barbara Bowman $15,500 non-qualified deferred plan Shirley Ray $16,500 non-qualified deferred plan Eileen Murphy $38,036 severance payment ILLINOIS FINANCE AUTHORITY 861091967 452029AA9 2007-12-12 32500000 CONSTRUCT AND EQUIP FACILITY 0 0 32500000 1804646 328294 30367060 2009 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 16014 Fair Market Value X auction items 122 0 COST 0 1 0 Non Reporting of Revenue: Part I, Line 33: Erikson Institute received 122 items for its auction event. The value of the donated items was not recorded. The sale of the items at the auction event is recognized in Part VIII. Form 990, Part VI, Section B, line 11 The Board delegated the detailed review of the 990 to the President, Chief Financial Officer, Finance Committee Chair and Audit Committee Chair. This group reviewed the form before it was filed with the IRS and indicates this approval in writing. Form 990, Part VI, Section B, line 15a The Compensation Committee is appointed by the Executive Committee of the Board. The Compensation Committee is charged with setting the President's compensation, including salary and benefits. The Compensation Committee reviews a compensation survey of similar positions in educational institutions similar to Erikson, located within a metropolitan area. This information is obtained from Form 990's. This review is conducted annually. The President reviews the compensation of officers and key employees of Erikson. He reviews a compensation survey of similar positions in educational institutions similar to Erikson, located within a metropolitan area. This review is conducted annually. Form 990, Part VI, Section C, line 19 Erikson Institute makes its governing documents, conflict of interest policy and tax returns available for public inspection upon written request. This inspection takes place at its corporate offices at 451 N. LaSalle Street, Chicago, IL. Part VII, Section A, Column D Reportable compensation for Barbara T. Bowman represents income earned as a Professor and not as a Director of the organization. Reportable compensation for Jeanna Marie Capito represents income earned as a Lecturer and not as a Director of the organization.