2011-04-15T12:24:16-05:00 2010-05-31 KPMG LLP 191 West Nationwide Blvd Ste 500 Columbus OH 432152568 990 2009-06-01 362170136 ILLINOIS INSTITUTE OF TECHNOLOGY ILLI 3125673677 3300 S FEDERAL CHICAGO IL 60616 Patricia Laughlin 3125675850 2011-04-12 true kpmg llp 6142492300 2009 2016-02-24 21:20:13Z John L Anderson Suite 1900 10 W 35th Street Chicago IL 60616 410928089 false X WWW.IIT.EDU X 1940 IL TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC,TECHNOLOGICAL,AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION. 68 67 4457 20 5492 4492 55045384 58827069 183323764 192989303 -48187065 76384816 451058 5004183 190633141 333205371 58374173 62327726 0 0 129146448 128648030 0 0 7305461 88880406 101048351 276401027 292024107 -85767886 41181264 505564604 521138037 265812597 279387070 239752007 241750967 TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC,TECHNOLOGICAL,AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION. false false 134234158 62327726 123550986 INSTRUCTION SUPPORT:- Instruction supports 27 majors, 54 minors, and more than 29 specializations and has 2618 undergraduates, 3737 graduates, and 1106 law students. The University offered and awarded 523 bachelor, 1379 master, 267 J.D., and 68 PHD degrees during the 2009-2010 academic year. 45977298 38517090 RESEARCH:- Research awards received in fiscal year 2010 reached $54.5 million. IIT has received research awards in many areas that are synergistic with the university's strategic plan. Notably, the Electrical and Computer Engineering (ECE) Department received 30 awards totaling $13.4 million in part from the American Recovery and Investment Act. The Biological Chemical and Physical Sciences Department received 59 awards totaling $6.2 million, Chemical and Biological Engineering 21 awards totaling $3.7 million, Mechanical Aerospace and Material Engineering 31 awards totaling $2.8 million, and the Institute of Psychology 15 awards totaling $2.3 million. In addition, the National Center for Food Safety and Technology received 25 awards totaling $10.9 million. The awards on wind energy from the Department of Energy to ECE are synergistic with previous DOE grants on perfect power and position IIT as a major research institution for sustainable and renewable energy. 24508007 3810908 ACADEMIC SUPPORT:- IIT provides students with the information skills to compete in today's challenging and rapidly changing environment through its several libraries and academic computing centers allowing students access to terminals. In addition, the Provost's office offers several programs that provide advising and counseling. 15213218 15096515 STUDENT SERVICES 12050175 12013804 AUXILIARY SERVICES 27263393 27110319 231982856 true true false true false false false false true true false true true true true false false false true false false false true true true false false false false false false false false false true true false false false false true true false false true 9944 0 4457 true true true true FR IN false false false true true false false false 68 67 true false false false false false false true true false false true true true true true true true true false X BRIAN LAFFEY 3125673677 3300 S FEDERAL STREET CHICAGO IL 60616 Jean K Holley 1.0 X 0 0 0 John Anderson 39.0 X X 573445 0 31439 Vernon Armour 1.0 X 0 0 0 William C Bartholomay 1.0 X 0 0 0 Giuseppe Joe Calabrese 1.0 X 0 0 0 Martin Cooper 1.0 X 0 0 0 Robert A Cornog 1.0 X 0 0 0 James E Cowie 1.0 X 0 0 0 Craig J Duchossois 1.0 X X 0 0 0 James R Gagnard 1.0 X 0 0 0 Michael P Galvin 1.0 X 0 0 0 Robert W Galvin 1.0 X 0 0 0 Jamshyd N Godrej 1.0 X 0 0 0 Alvin L Gorman 1.0 X 0 0 0 Donald E Goss 1.0 X 0 0 0 Antonio J Gracias 1.0 X 0 0 0 Donald R Hollis 1.0 X 0 0 0 David C Hovey Sr FAIA 1.0 X 0 0 0 Richard M Jaffee 1.0 X 0 0 0 Robert L Growney 1.0 X 0 0 0 Martin C Jischke Ph D 1.0 X 0 0 0 Norbert O Kaiser 1.0 X 0 0 0 Theodore E Hanson 1.0 X 0 0 0 James Hill Jr 1.0 X 0 0 0 Edward L Kaplan 1.0 X X 0 0 0 Patrick J Kelly 1.0 X 0 0 0 James W Kiley 1.0 X 0 0 0 Jules F Knapp 1.0 X 0 0 0 Kaarina Koskenalusta 1.0 X 0 0 0 John H Krehbiel Jr 1.0 X 0 0 0 Thomas E Lanctot 1.0 X 0 0 0 F Christopher Chris Lee 1.0 X 0 0 0 Richard A Lenon 1.0 X 0 0 0 Bruce C Liimatainen 1.0 X 0 0 0 Goran Lindahl 1.0 X 0 0 0 Dirk Lohan FAIA 1.0 X 0 0 0 Paul F McKenzie PhD 1.0 X 0 0 0 Rosemarie Mitchell 1.0 X 0 0 0 Victor A Morgenstern 1.0 X X 0 0 0 Anita M Nagler 1.0 X 0 0 0 Walter Nathan 1.0 X 0 0 0 Adrian R Nemcek 1.0 X 0 0 0 Sam Pitroda 1.0 X 0 0 0 Robert J Potter PhD 1.0 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39.0 X 239438 0 26194 Mary Anne Smith 39.0 X 236910 0 25660 Susan Wallace 39.0 X 235529 0 34517 David Baker 39.0 X 185413 0 24569 Leroy Kennedy 39.0 X 143036 0 23142 Patricia Laughlin 39.0 X 113771 0 877 Harvey Kahalas 39.0 X 343869 0 31439 Harold Krent 39.0 X 287192 0 35659 Martin Cole 39.0 X 271768 0 34632 Donna Robertson 39.0 X 224864 0 33919 Patrick Whitney 39.0 X 172767 0 8925 Russell Betts 39.0 X 273054 0 22050 Henry Perritt 39.0 X 227292 0 27720 Allan Meyerson 39.0 X 281004 0 27830 Siva Balasubramanian 39.0 X 232735 0 32840 Norman Lederman 39.0 X 230372 0 20582 Mohammad Shahidehpour 39.0 X 228362 0 31853 Lewis Collens 39.0 X 272303 0 30755 6464270 0 697671 254 true true false Bulley and AndrewsUjamaa Construct 1755 W Armitage Ave CHICAGO IL 60622 construction 3136456 Levy Security Corporation 6070 Eagle Way CHICAGO IL 60678 Public Safety 2837802 RJB Properties Incorporated 11415 W 183rd PL Suite B ORLAND PARK IL 60467 janitorial 1977339 Sodexo Inc and Affiliates 4880 Payshere Circle Chicago IL 60674 Food Service 4473923 ABM Janitorial Midwest Inc 75 Remittance Drive Suite 3011 Chicago IL 606753011 Janitorial 3137353 85 30350 43390161 15406558 1012680 58827069 TUITION & FEES 900099 169118984 169118984 SALES/SERVICES OF AUXILIARY ENTERPRISES 900099 12555574 12555574 STUDENT SERVICES 900099 14554745 14554745 EQUITY INTEREST ON IITRI 900099 -3240000 -3240000 192989303 2525998 5492 2520506 0 0 1494386 1060236 434150 434150 434150 146539068 3938894 72443068 4176076 74096000 -237182 73858818 73858818 14020 30350 43338 -29318 0 0 FIXED ASSET ADJUSTMENT 900099 2256780 2256780 ASSET RETIREMENT OBLIGATION 900099 2342571 2342571 4599351 333205371 192989303 5492 81412825 0 62327726 62327726 0 0 6548639 2661363 2088604 1798672 0 100397868 82525371 15228904 2643593 5851906 4602809 1078567 170530 9430098 5159401 3960262 310435 6419519 5074568 1054579 290372 0 532254 30212 502042 375495 5000 370495 252985 252985 0 22087 22087 20840719 18663311 872929 1304479 790340 686051 97626 6663 7503660 6083475 1223764 196421 1085422 441414 502802 141206 0 41126109 40263237 862872 4001723 3112786 452614 436323 0 397787 346132 44888 6767 9948115 9948115 0 13492840 13492840 678815 678815 292024107 231982856 52735790 7305461 1438370 1674587 5360111 22916427 20088571 25288287 9882266 7609573 11260867 11506959 2044354 3614604 440729165 188092534 255833550 252636631 135123144 148320608 28106630 11973697 16393586 13153586 20033155 22443078 505564604 521138037 35772734 34249236 14856635 16385240 160000000 183660000 32650000 23340000 22533228 21752594 265812597 279387070 X 49503738 36364001 18855203 33538464 171393066 171848502 239752007 241750967 505564604 521138037 X false true true X true true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 253000 false false 253000 false LOBBYING ACTIVITY EXPLANATION SCHEDULE C, PART II-B Holland & Knight represented Illinois Institute of Technology before the Federal Government on issues related to funding various research programs and John T. O'Connell LTD. performs the same function before the State of Illinois. In addition, iit's vice president and assistant vice president for external affairs interact with federal and state officials regarding such matters. 174911000 8014000 26465000 10471823 18878848 180039329 294072000 7533195 -93313760 4807145 28573290 174911000 0.15000 0.85000 false false 0 30010463 30010463 0 318176967 128099846 190077121 0 82222333 59992688 22229645 0 10319402 10319402 252636631 0 FOR STUDENT LOANS 8117287 INTEREST AGREEMENTS 1406926 DEPOSITS BY STUDENTS & OTHER 3382813 BENEFIT OBLIGATION 2067681 OBLIGATION RESERVE 6777887 21752594 Use of endowment fund Part V, line 4 The purpose of the endowment fund is to facilitate donors' desires to make substantial long-term gifts to and to develop a new and significant source of revenue for the University. In doing so, the endowment fund provides a secure, long-term source of funds to: (a) fund special programs, such as research and scholarship; (b) ensures long-term growth; (c) enhances the University's ability to meet changing needs; and (d) supports the administrative expenses of the University as deemed appropriate. true true true POLICY PUBLISHED YEARLY IN VARIOUS STUDENT BULLETINS, applications, forms and on its website. true true true true false false false false false false false false true false Per Schedule E-List of government agencies that IIT receives financial aid and assistance from:- Department of Education:- Federal Supplemental Education Opportunity Grants Federal Family Education Loans Federal Work Study Program Federal Perkins Loan Program Federal Pell Grant Program Academic Competitiveness Grants National Science and Mathematics Access To Retain Talent (SMART) Grants Illinois Student Assistance Commission:- Illinois Monetary Award Program Grants true Europe (Including Iceland and Greenland) 1 Program Services Class inst. & rectg. 336773 South Asia 1 Program Services Class inst. & rectg. 143861 East Asia and the Pacific Program Services Consultants for Rectg. 211715 2 692349 Law Luncheon 44370 30350 14020 22648 20690 0 44370 30350 14020 22648 20690 43338 -29318 true Scholarships 9730 62327726 The use of grant funds is monitored through a grant management system. X X X false false false false false false false false false John Anderson 538381 0 0 0 35064 0 22050 0 9389 0 604884 0 0 0 Alan Cramb 377223 0 0 0 33822 0 22050 0 14232 0 447327 0 0 0 Betsy Hughes 276047 0 29000 0 810 0 22050 0 13489 0 341396 0 0 0 Vincent Turitto 211595 0 0 0 22398 0 19650 0 13233 0 266876 0 0 0 Ophir Trigalo 228147 0 0 0 17290 0 22050 0 14563 0 282050 0 0 0 John Collins 245860 0 0 0 3429 0 22050 0 0 0 271339 0 0 0 Darsh Wasan 241718 0 0 0 3807 0 20313 0 9389 0 275227 0 0 0 Hamid Arastoopour 237792 0 0 0 1646 0 16605 0 9589 0 265632 0 0 0 Mary Anne Smith 230999 0 0 0 5911 0 21197 0 4463 0 262570 0 0 0 Susan Wallace 224419 0 10000 0 1110 0 21104 0 13413 0 270046 0 0 0 David Baker 182624 0 0 0 2789 0 16683 0 7887 0 209983 0 0 0 Leroy Kennedy 141206 0 0 0 1830 0 13122 0 10020 0 166178 0 0 0 Henry Perritt 221028 0 0 0 6264 0 19015 0 8705 0 255012 0 0 0 Harvey Kahalas 293061 0 28791 0 22017 0 22050 0 9389 0 375308 0 0 0 Harold Krent 269450 0 0 0 17742 0 22050 0 13609 0 322851 0 0 0 Martin Cole 220929 0 50125 0 714 0 20400 0 14232 0 306400 0 0 0 Donna Robertson 222728 0 0 0 2136 0 20862 0 13057 0 258783 0 0 0 Patrick Whitney 154673 0 0 0 18094 0 0 0 8925 0 181692 0 0 0 Allan Meyerson 262569 0 0 0 18435 0 19125 0 8705 0 308834 0 0 0 Lewis Collens 252172 0 0 0 20131 0 22050 0 8705 0 303058 0 0 0 Russell Betts 252990 0 0 0 20064 0 22050 0 0 0 295104 0 0 0 Siva Balasubramanian 188881 0 26333 0 17521 0 18900 0 13940 0 265575 0 0 0 Norman Lederman 212687 0 16173 0 1512 0 15435 0 5147 0 250954 0 0 0 Mohammad Shahidehpour 227438 0 0 0 924 0 17290 0 14563 0 260215 0 0 0 Illinois Finance Authority 861091967 45200FYX1 2009-07-22 29381972 Renovation of facilities false false Illinois Finance Authority 861091967 45200BYH5 2006-03-23 156502991 Refinancing & facility Renovation false false 29381972 2709106 12723512 587637 13361717 2011 false false false true 156502991 103705558 1418858 51378575 2008 true true true true false false false false false true false false false false false true false false false false false false false false false false Mesirow financial services CEO is a Trustee 337583 insurance premiums false mesirow financial services ceo is a trustee 85000 insurance brokerage services false X 1 6500 FMV X 6000 FMV X TRAINING SIMULATORS FOR Dept of Engineering 2 1000000 FMV X UM-3 Measurescope 1 180 FMV false true false Other Program Services Form 990 Part III, Line 4d STUDENT SERVICES: This program provides health, academic, student orientation and other student services including the student finance center, admissions, and registration. In addition, these services also include the dean of students and student activities and minority programs. AUXILIARY SERVICES: This provides for campus housing and dining for the students and includes residence halls and a dining room, one student apartment building, six fraternities, and three sororities. Related Party Transactions FORM 990, PART VI, SECTION A, QUESTION 2 Andrew V. Agostini and James C. Tyree, trustees of the University, have a business relationship in that they are investors in certain business ventures. Patrick J. Kelly and Craig J. Duchossois, trustees of the University, have a business relationship in that they are investors in certain business ventures and investment entities. James E. Cowie, Craig J. Duchossois, Donald R. Hollis and A. Steven Crown, trustees of the University, have a business relationship in that Mr. Duchossois and Mr. Crown serve on the advisory board of an investment firm in which Mr. Cowie has an ownership interest and Mr. Hollis is a director of a company that is a portfolio company of the investment firm in which Mr. Cowie has an ownership interest. Michael P. Galvin and Robert W. Galvin, trustees of the University, have a family relationship. Bahman Atefi and Donald E. Goss, trustees of the University, have a business relationship in that they serve together on the board of directors of a company. Victor A. Morgenstern and Antonio J. Gracias, trustees of the University, have a business relationship in that they are investors in a certain business venture. Robert J. Potter and Edward J. Kaplan, trustees of the University, have a business relationship in that they serve together on the board of directors of a company. Robert J. Potter and John H. Krehbiel, Jr., trustees of the University, have a business relationship in that they serve together on the board of directors of a company. Form 990 Review Form 990, Part VI, Section B, Question 11a THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION, AVP FINANCE & CONTROLLER, and VICE PRESIDENT & GENERAL COUNSEL. ONCE THE FORM 990 IS APPROVED BY MANAGEMENT, THE FORM IS SENT TO THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE (ACTING FOR THE FULL BOARD oF TRUSTEES) FOR REVIEW, FOLLOWED BY A CONFERENCE CALL FOR QUESTIONS AND ANSWERS. ONCE REVIEWED BY THE AUDIT COMMITTEE AND THE EXECUTIVE COMMITTEE, THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION WILL SIGN THE FORM 990. Conflict of Interest Policy Form 990, Part VI, Section B, Question 12c ON AN ANNUAL BASIS, IIT EMPLOYEES AND BOARD OF TRUSTEE MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY. ALL full-time faculty, part time faculty who are principal investigators, and administrative staff with budgetary or financial responsibility and trustees ARE REQUIRED TO SIGN AND DATE A CONFLICT OF INTEREST ATTESTATION DOCUMENT WHETHER A CONFLICT IS PRESENT OR NOT. The GENERAL COUNSEL's office MONITORS THE EMPLOYEES AND TRUSTEES who HAVE REVIEWED THE POLICY AND DOCUMENT THE CONFLICT OF INTEREST INSTANCES. Review of Compensation of CEO, Executive Director, or Top Management Form 990, Part VI, Section B, Question 15a THE BOARD OF TRUSTEES (BOT) is RESPONSIBLE FOR ESTABLISHING THE PRESIDENT'S (CEO) SALARY. THE BOT CREATES A PRESIDENT SEARCH COMMITTEE RESPONSIBLE FOR DEVELOPING THE SEARCH, SELECTING THE CANDIDATES FOR INTERVIEWING, ESTABLISHING THE SALARY, CONDUCTING THE INTERVIEWS AND RECOMMENDING THE CANDIDATE TO HIRE. THE COMMITTEE WILL BASE THE SALARY ON A HUMAN RESOURCE BENCHMARK STUDY COMPARING ALL CHICAGO UNIVERSITIES AND NATIONAL UNIVERSITIES WITH comparable STUDENT ENROLLMENT AND OTHER ACTIVITIES. ON AN ANNUAL BASIS, HUMAN RESOURCES WILL PROVIDE THE BOT AN UPDATED BENCHMARK SURVEY FOR THEIR REVIEW. BASED ON THE ANNUAL SURVEY, THE BOT MAY APPROVE AN ADJUSTMENT TO THE PRESIDENT'S SALARY. Availability of Governing Documents, Conflict of Interest Policy and F/S Form 990, Part VI, Section C, Question 19 Financial Statements, Conflict of Interest Policy and Governing Documents are located on IIT's website. Transactions with related organizations schedule r, part v, line 2 The transactions reported in line 1 are between related 501(c)(3) public charities and are not reported in this section. IIT RESEARCH INSTITUTE 10 West 35th Street Chicago IL 60616 Research IL 501(c)(3) 11 NA false false true false false false false false true false true false true false false true false false