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Nonprofiteer
← COLUMBIA COLLEGE CHICAGO

Form 990 for tax year 2024

Filed by COLUMBIA COLLEGE CHICAGO.

Totals

Total revenue
$267,562,634
Total expenses
$243,773,353
Contributions and grants received
$4,788,262
Grants paid
$70,439,050
Program services expenses (Part IX)
$199,119,860
Management and general expenses
$43,155,508
Fundraising expenses
$1,497,985
Program service expenses (Part III)
$199,119,860

Program services were 81.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BARRY M SABLOFF

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • HUGH C WILLIAMS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JERRY TARRER

    INTERIM PRESIDENT-Partial Year; COO

    Total calculated
    $484,201
    From this org
    $411,500
    From related orgs
    $0
    Other
    $72,701
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $359,243
    Bonus
    $50,000
    Other
    $2,257
    Deferred
    $34,500
    Nontaxable benefits
    $38,201
    Filer's total
    $484,201

  • JOHN MCLAIN HOLMES

    CHAIRMAN OF THE BOARD

    Total calculated
    $0
    Hours/week
    1

  • SHANTAY BOLTON

    PRESIDENT AND CEO, TRUSTEE, EX-OFFICIO-Partial Year

    Total calculated
    $0
    Hours/week
    40

  • ANDREAS WALDBURG-WOLFEGG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ARJUN AGGARWAL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ARLEN RUBIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • AVERILL LEVITON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • IMAD I QASIM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOHN R GEHRON

    TRUSTEE-Partial Year

    Total calculated
    $0
    Hours/week
    1

  • KAREN JONES

    TRUSTEE, EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • LEN AMATO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MELISSA DALRYMPLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAUL BROUCEK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PAUL GARNES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • PETER PACE JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICH NANDA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD POULTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT A WISLOW

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT J BUFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • STACI R COLLINS JACKSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUSAN V DOWNING

    TRUSTEE-Partial Year

    Total calculated
    $0
    Hours/week
    1

  • WILLIAM WOLF

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MARCELLA DAVID

    SENIOR VP AND PROVOST-Partial Year

    Total calculated
    $405,958
    From this org
    $358,519
    From related orgs
    $0
    Other
    $47,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $305,208
    Bonus
    $50,000
    Other
    $3,311
    Deferred
    $34,500
    Nontaxable benefits
    $12,939
    Filer's total
    $405,958

  • PATRICIA BERGESON

    VP OF LEGAL AFFAIRS & GENERAL COUNSEL-Partial Year

    Total calculated
    $281,818
    From this org
    $240,560
    From related orgs
    $0
    Other
    $41,258
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,908
    Bonus
    $0
    Other
    $3,652
    Deferred
    $26,522
    Nontaxable benefits
    $14,736
    Filer's total
    $281,818

  • DEREK BRINKLEY

    AVP, ENROLLMENT MANAGMENT-Partial Year

    Total calculated
    $230,766
    From this org
    $198,367
    From related orgs
    $0
    Other
    $32,399
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,167
    Bonus
    $30,000
    Other
    $200
    Deferred
    $9,081
    Nontaxable benefits
    $23,318
    Filer's total
    $230,766

  • PATRICIA OLALDE

    AVP, HUMAN RESOURCES

    Total calculated
    $246,243
    From this org
    $208,433
    From related orgs
    $0
    Other
    $37,810
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,040
    Bonus
    $0
    Other
    $1,393
    Deferred
    $23,047
    Nontaxable benefits
    $14,763
    Filer's total
    $246,243

  • STEVEN COREY

    DEAN OF LIBERAL ARTS SCHOOL (LAS)

    Total calculated
    $269,514
    From this org
    $209,734
    From related orgs
    $0
    Other
    $59,780
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,077
    Bonus
    $35,937
    Other
    $2,720
    Deferred
    $23,690
    Nontaxable benefits
    $36,090
    Filer's total
    $269,514

  • SUZANNE MCBRIDE

    SENIOR VP INTERIM PROVOST-Partial Year

    Total calculated
    $256,888
    From this org
    $199,699
    From related orgs
    $0
    Other
    $57,189
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,615
    Bonus
    $0
    Other
    $1,084
    Deferred
    $22,896
    Nontaxable benefits
    $34,293
    Filer's total
    $256,888

  • ANN KALAYIL

    AVP FACILITIES/CONSTRUCTION

    Total calculated
    $275,970
    From this org
    $234,368
    From related orgs
    $0
    Other
    $41,602
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,931
    Bonus
    $0
    Other
    $2,437
    Deferred
    $25,855
    Nontaxable benefits
    $15,747
    Filer's total
    $275,970

  • KATHIE KOCH

    AVP AND CHIEF INFORMATION OFFICER

    Total calculated
    $328,539
    From this org
    $272,604
    From related orgs
    $0
    Other
    $55,935
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $269,703
    Bonus
    $0
    Other
    $2,901
    Deferred
    $27,724
    Nontaxable benefits
    $28,211
    Filer's total
    $328,539

  • LAURENT PERNOT

    CHIEF OF STAFF

    Total calculated
    $317,541
    From this org
    $248,315
    From related orgs
    $0
    Other
    $69,226
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,488
    Bonus
    $25,000
    Other
    $827
    Deferred
    $25,781
    Nontaxable benefits
    $43,445
    Filer's total
    $317,541

  • SHARON WILSON TAYLOR

    VP OF STUDENT AFFAIRS

    Total calculated
    $280,302
    From this org
    $228,060
    From related orgs
    $0
    Other
    $52,242
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,687
    Bonus
    $0
    Other
    $2,373
    Deferred
    $25,302
    Nontaxable benefits
    $26,940
    Filer's total
    $280,302

  • TERENCE SMITH

    SPECIAL COUNSEL LABOR RELATIONS-Partial Year

    Total calculated
    $265,020
    From this org
    $239,250
    From related orgs
    $0
    Other
    $25,770
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,289
    Bonus
    $0
    Other
    $1,961
    Deferred
    $24,015
    Nontaxable benefits
    $1,755
    Filer's total
    $265,020

  • KWANG-WU KIM

    FORMER PRESIDENT/CEO, FORMER TRUSTEE, EX-OFFICIO

    Total calculated
    $1,097,633
    From this org
    $990,588
    From related orgs
    $0
    Other
    $107,045
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $270,651
    Bonus
    $0
    Other
    $719,937
    Deferred
    $37,475
    Nontaxable benefits
    $69,570
    Filer's total
    $1,097,633

  • Rosita Sands

    Former Dean / Special Advisor DEI

    Total calculated
    $239,266
    From this org
    $224,640
    From related orgs
    $0
    Other
    $14,626
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,854
    Bonus
    $28,125
    Other
    $22,661
    Deferred
    $0
    Nontaxable benefits
    $14,626
    Filer's total
    $239,266

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 — 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 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
PERSONAL USE OF HOUSING IS GENERALLY BASED ON THE PROVISIONS OF THE PRESIDENT'S EMPLOYMENT AGREEMENT WITH THE COLLEGE. THE VALUE OF THE HOUSING PROVIDED IS NOT TAXABLE TO THE EXTENT IT IS A CONDITION OF EMPLOYMENT AND NECESSARY TO CARRY ON HIS DUTIES.
Schedule J, Part I, Line 1a Health or social club dues or initiation fees
SOCIAL CLUB DUES OR INITIATION FEES ARE GENERALLY PROVIDED BASED ON THE PROVISIONS OF THE PRESIDENT'S EMPLOYMENT AGREEMENT WITH THE COLLEGE. THE COLLEGE CONSIDERS THIS TO BE A BUSINESS EXPENSE.
Schedule J, Part I, Line 4a Severance or change-of-control payment
DURING CALENDAR YEAR 2024, KWANG-WU KIM RECEIVED A SEVERANCE PAYMENT OF $451,000. THE AMOUNT IS REPORTED IN PART II, COLUMN B(III).
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
KWANG-WU KIM PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE PLAN MADE DISTRIBUTIONS OF $250,000 DURING CALENDAR YEAR 2024. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). DURING ACADEMIC YEAR 2024-2025, NO ACCRUALS WERE MADE INTO THIS NONQUALIFIED PLAN.
Schedule J, Part I, Line 7 Non-fixed payments
In calendar year 2024, Jerry Tarrer, Marcella David, Derek Brinkley, and Laurent Pernot were awarded discretionary, non-fixed bonuses for assuming additional responsibilities following the departure of the President and CEO. The bonuses were not part of a pre-established plan and were approved by the Board of Trustees.

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
2024
Filed
18 June 2026
IRS schema version
2024v5.1
Source object
202611699349301101

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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