Totals
- Total revenue
- $59,107,728
- Total expenses
- $64,797,094
- Contributions and grants received
- $5,084,489
- Grants paid
- $20,149,105
- Program service revenue
- $39,670,969
- Investment income
- $13,684,121
- Other revenue
- $668,149
- Total assets, end of year
- $215,802,956
- Total liabilities, end of year
- $43,789,631
- Net assets or fund balances, end of year
- $172,013,325
- Program services expenses (Part IX)
- $57,794,141
- Management and general expenses
- $5,150,153
- Fundraising expenses
- $1,852,800
- Program service expenses (Part III)
- $57,794,141
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$2,272,834
-
1f · All other contributions, gifts and grants
$2,811,655
-
1g · Noncash contributions included above
$349,743
-
2a · Program service revenue: TUITION AND FEES
total $32,159,730 · related or exempt $32,159,730
-
2b · Program service revenue: AUXILIARY REVENUE
total $7,511,239 · related or exempt $7,475,781 · unrelated business $35,458
-
3 · Investment income
total $3,212,196 · excluded $3,212,196
-
7a · Gross sales of assets other than inventory
securities $171,037,534 · other assets $3,500
-
7b · Less cost or other basis and sales expenses
securities $160,518,336 · other assets $50,773
-
7c · Gain or loss
securities $10,519,198 · other assets -$47,273
-
7d · Net gain or loss
total $10,471,925 · excluded $10,471,925
-
8a · Fundraising events: gross income
$24,597
-
8b · Fundraising events: direct expenses
$12,884
-
8c · Net income from fundraising events
total $11,713 · excluded $11,713
-
11a · Other revenue: OTHER INVESTMENT INCOME
total $529,170 · excluded $529,170
-
11d · All other revenue
total $127,266 · related or exempt $127,266
-
11e · Other revenue, total
$656,436
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $20,149,105 · program services $20,149,105
-
5 · Compensation of officers, directors and key employees
total $1,133,882 · program services $302,770 · management and general $616,243 · fundraising $214,869
-
7 · Other salaries and wages
total $15,686,023 · program services $13,493,117 · management and general $1,535,662 · fundraising $657,244
-
8 · Pension plan contributions
total $714,816 · program services $614,885 · management and general $69,980 · fundraising $29,951
-
9 · Other employee benefits
total $3,291,480 · program services $2,831,331 · management and general $322,236 · fundraising $137,913
-
10 · Payroll taxes
total $1,180,024 · program services $1,015,057 · management and general $115,525 · fundraising $49,442
-
11b · Fees: legal
total $23,218 · management and general $23,218
-
11c · Fees: accounting
total $94,035 · management and general $94,035
-
11e · Fees: professional fundraising services
total $116,900 · fundraising $116,900
-
11f · Fees: investment management
total $419,701 · management and general $419,701
-
11g · Fees: other
total $2,281,196 · program services $1,962,285 · management and general $223,329 · fundraising $95,582
-
12 · Advertising and promotion
total $379,176 · program services $326,168 · management and general $37,121 · fundraising $15,887
-
13 · Office expenses
total $1,806,023 · program services $1,553,541 · management and general $176,810 · fundraising $75,672
-
14 · Information technology
total $676,351 · program services $581,798 · management and general $66,214 · fundraising $28,339
-
16 · Occupancy
total $3,320,411 · program services $2,856,218 · management and general $403,321 · fundraising $60,872
-
17 · Travel
total $1,330,980 · program services $1,144,909 · management and general $130,303 · fundraising $55,768
-
20 · Interest
total $1,028,834 · program services $885,003 · management and general $143,831
-
22 · Depreciation, depletion and amortization
total $3,977,156 · program services $3,421,149 · management and general $389,364 · fundraising $166,643
-
23 · Insurance
total $620,984 · program services $534,170 · management and general $60,795 · fundraising $26,019
-
24a · Other expenses: SMALL EQUIPMENT
total $2,346,113 · program services $2,018,127 · management and general $229,684 · fundraising $98,302
-
24b · Other expenses: MEAL PLAN
total $2,267,148 · program services $2,267,148
-
24c · Other expenses: TEXTBOOKS
total $682,895 · program services $682,895
-
24d · Other expenses: MEALS & ENTERTAINMENT
total $466,163 · program services $400,994 · management and general $48,777 · fundraising $16,392
-
24e · All other expenses
total $804,480 · program services $753,471 · management and general $44,004 · fundraising $7,005
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $16,413,121 · end of year $13,076,085
-
3 · Pledges and grants receivable
beginning of year $344,553 · end of year $205,749
-
4 · Accounts receivable
beginning of year $1,241,556 · end of year $1,230,103
-
7 · Other notes and loans receivable
beginning of year $599,386 · end of year $190,493
-
8 · Inventories for sale or use
beginning of year $100,426 · end of year $121,411
-
9 · Prepaid expenses and deferred charges
beginning of year $548,194 · end of year $732,740
-
10a · Land, buildings and equipment: cost or other basis
$150,701,727
-
10b · Land, buildings and equipment: accumulated depreciation
$90,529,593
-
10c · Land, buildings and equipment, net
beginning of year $59,096,858 · end of year $60,172,134
-
11 · Investments: publicly traded securities
beginning of year $104,132,669 · end of year $104,082,476
-
12 · Investments: other securities
beginning of year $4,792,538 · end of year $5,646,681
-
15 · Other assets
beginning of year $32,337,047 · end of year $30,345,084
-
17 · Accounts payable and accrued expenses
beginning of year $7,902,343 · end of year $7,805,798
-
19 · Deferred revenue
beginning of year $1,453,325 · end of year $2,582,371
-
20 · Tax-exempt bond liabilities
beginning of year $27,825,151 · end of year $26,070,376
-
23 · Secured mortgages and notes payable
beginning of year $6,810,856 · end of year $6,660,156
-
25 · Other liabilities
beginning of year $1,461,486 · end of year $670,930
-
27 · Net assets without donor restrictions
beginning of year $63,134,272 · end of year $59,965,806
-
28 · Net assets with donor restrictions
beginning of year $111,018,915 · end of year $112,047,519
Mission and programs · 2023
Mission
ILLINOIS COLLEGE IS A CO-EDUCATIONAL INSTITUTION OF HIGHER EDUCATION 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.
Activities or mission (Part I)
ILLINOIS COLLEGE IS A CO-EDUCATIONAL INSTITUTION OF HIGHER LEARNING IN THE LIBERAL ARTS.
-
PROVISION OF POST-SECONDARY EDUCATION TO APPROXIMATELY 1,000 STUDENTS.
Expenses $57,794,141 · Grants $20,149,105 · Revenue $39,762,777
As filed on the 2023 return.
Listed in Part VII
-
Steven R MillsSTEVEN R MILLS
BOARD MEMBER & CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Susan L PrattSUSAN L PRATT
BOARD MEMBER & VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Joan M DeboerJOAN M DEBOER
BOARD MEMBER & SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Susan J AllenSUSAN J ALLEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tonya J BaiseTONYA J BAISE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ryan T BarkeRYAN T BARKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael D BauersachsMICHAEL D BAUERSACHS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gerry L BeardGERRY L BEARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Toni L BlankmannTONI L BLANKMANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott BostonSCOTT BOSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joseph T CalmeseJOSEPH T CALMESE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Del C DunhamDEL C DUNHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael A FletcherMICHAEL A FLETCHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Luiz E GuimaraesLUIZ E GUIMARAES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joel C HarmonJOEL C HARMON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Gary R HaynesGARY R HAYNES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Julie B MacartneyJULIE B MACARTNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick B MathisPATRICK B MATHIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Greg C MayGREG C MAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joanna MarkerJOANNA MARKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen D OetgenSTEPHEN D OETGEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ellen F Rammelkamp MillerELLEN F RAMMELKAMP MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Winston Rogers IIIWINSTON ROGERS III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Henry A SchmittHENRY A SCHMITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
James W SpradlinJAMES W SPRADLIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jean C StatlerJEAN C STATLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
George A ZelcsGEORGE A ZELCS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barbara FarleyBARBARA FARLEY
PRESIDENT
- Total calculated
- $443,717
- From this org
- $396,155
- From related orgs
- $0
- Other
- $47,562
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $344,972
- Bonus
- $0
- Other
- $51,183
- Deferred
- $35,000
- Nontaxable benefits
- $12,562
- Filer's total
- $443,717
-
Catharine O'ConnellCATHARINE O'CONNELL
PROVOST/DEAN OF COLLEGE
- Total calculated
- $241,829
- From this org
- $211,194
- From related orgs
- $0
- Other
- $30,635
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $191,414
- Bonus
- $0
- Other
- $19,780
- Deferred
- $19,598
- Nontaxable benefits
- $11,037
- Filer's total
- $241,829
-
Stephanie ChipmanSTEPHANIE CHIPMAN
VP OF EXTERNAL RELATIONS
- Total calculated
- $201,464
- From this org
- $173,514
- From related orgs
- $0
- Other
- $27,950
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $169,685
- Bonus
- $0
- Other
- $3,829
- Deferred
- $12,181
- Nontaxable benefits
- $15,769
- Filer's total
- $201,464
-
Kent SiltmanKENT SILTMAN
VP OF BUSINESS/CFO
- Total calculated
- $182,782
- From this org
- $149,857
- From related orgs
- $0
- Other
- $32,925
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $145,410
- Bonus
- $0
- Other
- $4,447
- Deferred
- $10,781
- Nontaxable benefits
- $22,144
- Filer's total
- $182,782
-
Melissa DysonMELISSA DYSON
ASSOCIATE VP OF FINANCE & CONTROLLER
- Total calculated
- $138,939
- From this org
- $112,075
- From related orgs
- $0
- Other
- $26,864
- Hours/week
- 50
-
Lauren HaysLAUREN HAYS
DIRECTOR OF HUMAN RESOURCE
- Total calculated
- $136,228
- From this org
- $112,251
- From related orgs
- $0
- Other
- $23,977
- Hours/week
- 50
-
Evan WilsonEVAN WILSON
ASSOCIATE VP OF ENROLLMENT
- Total calculated
- $130,307
- From this org
- $106,391
- From related orgs
- $0
- Other
- $23,916
- Hours/week
- 50
-
Angela BentleyANGELA BENTLEY
DIRECTOR OF NURSING/ASSOCIATE PROFESSOR
- Total calculated
- $124,000
- From this org
- $118,093
- From related orgs
- $0
- Other
- $5,907
- Hours/week
- 50
-
Elizabeth ZettlerELIZABETH ZETTLER
PROFESSOR OF PSYCHOLOGY
- Total calculated
- $125,566
- From this org
- $101,682
- From related orgs
- $0
- Other
- $23,884
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE COLLEGE'S PRESIDENT IS REQUIRED TO LIVE ON CAMPUS AND A RESIDENCE IS PROVIDED. THE PRESIDENT HAS A SOCIAL CLUB MEMBERSHIP AT JACKSONVILLE COUNTRY CLUB FOR BUSINESS PURPOSES.
- PART 1, QUESTION 4B
- THE COLLEGE HAS A 457(B) DEFERRED COMPENSATION PLAN THAT IS A NONQUALIFIED RETIREMENT PLAN FOR THE OFFICERS OF THE COLLEGE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521049349302257
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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