Liabilities / Assets
69th percentile
Higher debt load relative to assets than 69% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.28x
Liabilities / Revenue
88th percentile
Higher debt load relative to revenue than 88% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
96th percentile
Higher top officer pay than 96% of similar nonprofits.
Top officer pay equals 103.8% of source-year revenue.
Asset Growth
3rd percentile
Faster asset growth than 3% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$1,773,171
Down $695,263 (-28%) from 2019
Net Assets
Down$1,274,872
Down $631,048 (-33%) from 2019
Liabilities
Down$498,299
Down $64,215 (-11%) from 2019
Revenue And Expenses
Revenue
Down$350,000
Down $1,709,730 (-83%) from 2019
Expenses
Up$381,048
Up $7,422 (+2.0%) from 2019
Net Income
Down-$31,048
Down $1,717,152 (-102%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2019 to May 31, 2020
- Signed
- Apr 15, 2021
- Return Version
- 2019v5.0
- Gross Receipts
- $350,000
Mission and Program Overview
Mission
The mission of springfield college in illinois is to provide students the best liberal arts education in the ursuline tradition of a nurturing faith based environment. We prepare students for a life of learning, leadership and service in a diverse world.
Prior to May 2018 the college's mission was to PROVIDE STUDENTS THE BEST LIBERAL ARTS EDUCATION IN THE URSULINE TRADITION OF A NURTURING FAITH-BASED ENVIRONMENT.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,074,616 | $1,474,616 | ▼ $600,000 |
| Prepaid Expenses and Deferred Charges | $91,245 | $101,852 | ▲ $10,607 |
| Cash and Non-Interest-Bearing Accounts | $133,436 | $36,947 | ▼ $96,489 |
| Accounts Receivable | $48,871 | $84 | ▼ $48,787 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Investments Program Related | $0 | - | - |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $2,468,434 | $1,773,171 | ▼ $695,263 |
| Other Assets Total | $120,266 | $159,672 | ▲ $39,406 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $552,867 | $465,125 | ▼ $87,742 |
| Accounts Payable and Accrued Expenses | $9,647 | $33,174 | ▲ $23,527 |
| Other Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $562,514 | $498,299 | ▼ $64,215 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $1,692,583 | $1,061,536 | ▼ $631,047 |
| Net Assets With Donor Restrictions | $213,337 | $213,336 | ▼ $1 |
| Total Net Assets Fund Balance | $1,905,920 | $1,274,872 | ▼ $631,048 |
| Total Liabilities and Net Assets / Fund Balance | $2,468,434 | $1,773,171 | ▼ $695,263 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,091,004 | $3,761,953 | $4,852,957 |
| Other Land Buildings | $96,643 | $905,375 | $1,002,018 |
| Equipment | $46,228 | $805,870 | $852,098 |
| Land | $240,741 | - | $240,741 |
| Other Assets Org | $159,672 | - | - |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2019 | $35,661,349 | $1,772,392 | ▲ $943,909 | - | $37,110,731 |
| 2018 | $36,282,781 | $326,885 | ▲ $169,896 | - | $35,661,349 |
| 2017 | $33,818,957 | $1,853,562 | ▲ $2,036,704 | - | $36,282,781 |
| 2016 | $29,684,127 | $2,706,790 | ▲ $2,640,481 | - | $33,818,957 |
| 2015 | $33,700,843 | $1,090,519 | ▼ $3,138,740 | - | $29,684,127 |
Compensation and Service Providers
Employees
| Name | Title | Other | Total |
|---|---|---|---|
| - | Interim CFO | $132,603 | $132,603 |
Board Members and Trustees
| Name | Title |
|---|---|
| - | Chairman |
| - | President |
| - | President - End 8/10/2018 |
| - | Vice-chair |
| - | VP, ADMIN & FINANCE, CFO - End 10/7/2019 |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $350,000
- Investment Income
- $0
- Other Revenue
- $0
- Change in Net Assets
- $-31,048
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $381,048 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Insurance | $113,899 | - | - | $113,899 |
| Occupancy | $109,581 | - | - | $109,581 |
| Fees for Services Other | $81,861 | $0 | $0 | $81,861 |
| Interest | $28,661 | - | - | $28,661 |
| Office Expenses | - | $12,552 | - | $12,552 |
| Fees for Services Legal | - | $10,312 | - | $10,312 |
| Fees for Services Accounting | - | $8,340 | - | $8,340 |
| Travel | - | $2,659 | - | $2,659 |
| Other Expenses | $678 | - | - | $678 |
| Total Functional Expenses | $347,185 | $33,863 | $0 | $381,048 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Affiliate | - |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- No
- Backup withholding compliance
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- No
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- Yes
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Line 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL
“COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS PAID BY BENEDICTINE UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. The process of determining compensation of the President of the University: The Chairman of the Board of Trustees and two independent members of the Board comprised the Compensation Committee. This group reviewed and determined executive compensation through the use of comparable compensation data from various sources including relevant external compensation surveys, compensation data from peer educational institutions, and internal executive equity analysis. The committee met and reviewed salary history and performed an analysis in reaching the annual compensation. Based on this analysis, the Compensation Committee made a recommendation to the Executive Committee of the Board of Trustees for final approval. Contemporaneous documentation was kept and maintained. LAST MEETING WAS IN December 2020. BECAUSE THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS ARE NOT PAID BY THE FILING ORGANIZATION, THE FORM 990 INSTRUCTIONS REQUIRE THIS TO BE ANSWERED "NO."”
Form 990, Part VI, Line 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS
“COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS PAID BY BENEDICTINE UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. The Board of Trustees met in October 2018 when a preliminary operating budget was approved by the Board. Search firms specializing in higher education placement and case compensation data were used. Documentation was kept and maintained. BECAUSE THE ORGANIZATION'S OTHER OFFICERS AND EMPLOYEES ARE NOT PAID BY THE FILING ORGANIZATION, THE FORM 990 INSTRUCTIONS REQUIRE THIS TO BE ANSWERED "NO."”
Form 990, Part VI, Line 6 Classes of members or stockholders
“Members of the College who shall be those persons from time to time constituting the Executive Committee of the Benedictine University, an Illinois not-for-profit corporation, or any body, which may hereafter be a successor to such Executive Committee.”
Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders
“It shall require a two-thirds affirmative vote of all Members to approve: a) any sale, mortgage or encumbrance of any kind of any or all real estate owned by the College, and b) changes in institution's mission or purposes. It shall require a two-thirds affirmative vote of all Members to approve to send the following matters to the full Benedictine University Board of Trustees: a) the merger, consolidation, liquidation or dissolution or sale, lease or exchange of assets of the College; b) changes or amendments of the Articles of Incorporation of the College and By-Laws, and c) any action that would change the relationship between Benedictine University and Springfield College in any way whatsoever.”
Form 990, Part VI, Line 8A Documentation of meetings held by governing body
“The sci board held no meetings during the tax year.”
Form 990, Part VI, Line 8B Documentation of meetings held by committees of governing body
“Springfield college in illinois has no committees that are authorized to act on behalf of the board.”
Form 990, Part VI, Line 11B Review of form 990 by governing body
“The interim cfo, along with other members of the benedictine university business and finance department, reviewed the draft form 990, together with its outside accounting firm. The completed 990 is reviewed by the benedictine university finance and audit committee of the board of trustees. A copy is provided to each member of the full board of trustees of springfield college in illinois prior to filing.”
Form 990, Part VI, Line 12C Conflict of interest policy
“The conflicts of interest policy and disclosure questionnaire are distributed annually to officers, faculty and staff. Each is required to disclose any actual or potential conflicts of interest by signing and submitting the disclosure questionnaire and updating it as pertinent new interests or situations arise. Responses to the disclosure questionnaire are reviewed and disclosed conflicts are resolved. The office of the dean of academic affairs/campus administrator provides assistance by answering questions and providing guidance on approaches to resolving conflicts of interest. Individuals who fail to complete the annual disclosure questionnaire and/or fail to disclose actual or potential conflicts of interest are subject to appropriate disciplinary and corrective action.”
Form 990, Part VI, Line 19 Required documents available to the public
“The college makes its governing documents, conflicts of interest policy and financial information available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Springfield College in Illinois
- EIN
- 37-0663573
- Phone
- 2175251420
- Address
- 1500 North Fifth Street, Springfield, IL 62701
Signing Officer
- Name
- Irene Gendel
- Title
- Interim CFO
- Signed
- 2021-04-15
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 1929
- Legal Domicile
- Il
- Voting Board Members
- 4
- Independent Board Members
- 2
- Employees
- 0
- Volunteers
- 3
Preparer
- Firm
- Crowe Llp
- Address
- 225 West Wacker Drive Suite 2600, Chicago, IL 60606-1224
- Preparer
- Jennifer Burke
- Phone
- 3128997000
Supplemental Narrative
Additional Explanations
Form 990, Part IX, Line 11G Other Fees
“FEES FOR SERVICE - Total Expense: 81861, Program Service Expense: 81861, Management and General Expenses: , Fundraising Expenses: ;”
Form 990, Part XI, Line 9 Other changes in net assets or fund balances
“Loss on impairment of property, plant, and equipment - -600000;”
Financial Statement Notes
Schedule D, Part III, Line 4 Collections of art - description of collections
“Springfield college in illinois possesses a small art collection numbering 136 pieces. The collection consists mainly of drawings, paintings, fine art prints, and textile, many with a religious theme, created primarily by former students and faculty. Classes on campus are encouraged to utilize the art collection to enhance their curriculum. Unlike most college collections that have a designated area for showing artwork, the college's art collection is visible throughout the campus allowing most campus visitors to see a part of it.”
Schedule D, Part V, Line 4 Intended uses of endowment funds
“The endowment funds held by Springfield College in Illinois (SCI) are used to fund the purchase of property and equipment.”
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote
“The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization recognizes the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. Management has determined there are no material uncertain positions that require recognition in the financial statements. There are no interest or penalties recognized in the statements of activities or statements of financial position.”
Raw XML AppendixShowing 400 of 540 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 84 |
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| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | false |
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| IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/MissionDesc | 0 | Prior to May 2018, the College's mission was TO PROVIDE STUDENTS THE BEST LIBERAL ARTS EDUCATION IN THE URSULINE TRADITION OF A NURTURING FAITH-BASED ENVIRONMENT. WE PREPARE STUDENTS FOR A LIFE OF LEARNING, LEADERSHIP AND SERVICE IN A DIVERSE WORLD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
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| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
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| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1061536 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 109581 |
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| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 12552 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 12552 |
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| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 159672 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -600000 |
| IRS990/OtherExpensesGrp/Desc | 0 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 1 | Miscellaneous |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 678 |
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| IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt | 0 | Irene Gendel |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SERVICE INCOME |
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| IRS990/PYTotalRevenueAmt | 0 | 2059730 |
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| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
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| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 350000 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt | 0 | 21586 |
| IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/RevenuesIncludedAmt | 0 | 0 |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.4565 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 1091004 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3761953 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4852957 |
| IRS990ScheduleD/CollectionUsedPubExhibitionInd | 0 | X |
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| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 1772392 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 37110731 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1266919 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 943909 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 36282781 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt | 0 | 326885 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 35661349 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1118213 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 169896 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 33818957 |
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| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 2036704 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 29684127 |
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| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 1212441 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 2640481 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 33700843 |
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| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | true |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 46228 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 805870 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 852098 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 240741 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 240741 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 159672 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Due from affiliate |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 96643 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 905375 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 1002018 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO AFFILIATE |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.3893 |
| IRS990ScheduleD/RelatedOrgListSchRInd | 0 | true |
| IRS990ScheduleD/SolicitedAssetsSaleInd | 0 | false |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | SPRINGFIELD COLLEGE IN ILLINOIS POSSESSES A SMALL ART COLLECTION NUMBERING 136 PIECES. THE COLLECTION CONSISTS MAINLY OF DRAWINGS, PAINTINGS, FINE ART PRINTS, AND TEXTILE, MANY WITH A RELIGIOUS THEME, CREATED PRIMARILY BY FORMER STUDENTS AND FACULTY. CLASSES ON CAMPUS ARE ENCOURAGED TO UTILIZE THE ART COLLECTION TO ENHANCE THEIR CURRICULUM. UNLIKE MOST COLLEGE COLLECTIONS THAT HAVE A DESIGNATED AREA FOR SHOWING ARTWORK, THE COLLEGE'S ART COLLECTION IS VISIBLE THROUGHOUT THE CAMPUS ALLOWING MOST CAMPUS VISITORS TO SEE A PART OF IT. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | The endowment funds held by Springfield College in Illinois (SCI) are used to fund the purchase of property and equipment. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization recognizes the financial statement impact of a tax position when it is more likely than not that the position will be sustained upon examination. Management has determined there are no material uncertain positions that require recognition in the financial statements. There are no interest or penalties recognized in the statements of activities or statements of financial position. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part III, Line 4 Collections of art - description of collections |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule D, Part V, Line 4 Intended uses of endowment funds |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.1542 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1474616 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 159672 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 0 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | THE RACIAL NON-DISCRIMINATION POLICY OF SPRINGFIELD COLLEGE IS IDENTICAL TO THE NON-DISCRIMINATION POLICY OF BENEDICTINE UNIVERSITY WHICH IS PUBLISHED IN THE CATALOGUE, STUDENT HANDBOOK, RECRUITMENT MATERIALS AND WEBSITE OF ITS SPRINGFIELD CAMPUS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt | 0 | CHARLES GREGORY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt | 1 | MIROSLAVA MEJIA KRUG |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BusinessName/BusinessNameLine1Txt | 2 | MICHAEL BROPHY |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 298593 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 1 | 303808 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 2 | 257658 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 2 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 1 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 16947 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 1 | 19600 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 2 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 2002 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 1 | 17813 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 2 | 15622 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 2 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 1202 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 2 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | VP, ADMIN & FINANCE, CFO - End 10/7/2019 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 2 | PRESIDENT - END 8/10/2018 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 2 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 342423 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 2 | 273280 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | The organization did not compensate any of the individuals listed on Form 990, Part VII and Schedule J, Part II. All compensation listed is paid by Benedictine University, a related organization. Methods to establish the compensation of the top management official's compensation include a compensation committee, the Form 990 of other organizations, compensation surveys or studies, and approval by the compensation committee. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COMPENSATION FOR THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL IS PAID BY BENEDICTINE UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. The process of determining compensation of the President of the University: The Chairman of the Board of Trustees and two independent members of the Board comprised the Compensation Committee. This group reviewed and determined executive compensation through the use of comparable compensation data from various sources including relevant external compensation surveys, compensation data from peer educational institutions, and internal executive equity analysis. The committee met and reviewed salary history and performed an analysis in reaching the annual compensation. Based on this analysis, the Compensation Committee made a recommendation to the Executive Committee of the Board of Trustees for final approval. Contemporaneous documentation was kept and maintained. LAST MEETING WAS IN December 2020. BECAUSE THE ORGANIZATION'S PRESIDENT AND OTHER OFFICERS ARE NOT PAID BY THE FILING ORGANIZATION, THE FORM 990 INSTRUCTIONS REQUIRE THIS TO BE ANSWERED "NO." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS PAID BY BENEDICTINE UNIVERSITY, A RELATED TAX EXEMPT ORGANIZATION. The Board of Trustees met in October 2018 when a preliminary operating budget was approved by the Board. Search firms specializing in higher education placement and case compensation data were used. Documentation was kept and maintained. BECAUSE THE ORGANIZATION'S OTHER OFFICERS AND EMPLOYEES ARE NOT PAID BY THE FILING ORGANIZATION, THE FORM 990 INSTRUCTIONS REQUIRE THIS TO BE ANSWERED "NO." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Members of the College who shall be those persons from time to time constituting the Executive Committee of the Benedictine University, an Illinois not-for-profit corporation, or any body, which may hereafter be a successor to such Executive Committee. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | It shall require a two-thirds affirmative vote of all Members to approve: a) any sale, mortgage or encumbrance of any kind of any or all real estate owned by the College, and b) changes in institution's mission or purposes. It shall require a two-thirds affirmative vote of all Members to approve to send the following matters to the full Benedictine University Board of Trustees: a) the merger, consolidation, liquidation or dissolution or sale, lease or exchange of assets of the College; b) changes or amendments of the Articles of Incorporation of the College and By-Laws, and c) any action that would change the relationship between Benedictine University and Springfield College in any way whatsoever. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE SCI BOARD HELD NO MEETINGS DURING THE TAX YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | SPRINGFIELD COLLEGE IN ILLINOIS HAS NO COMMITTEES THAT ARE AUTHORIZED TO ACT ON BEHALF OF THE BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE INTERIM CFO, ALONG WITH OTHER MEMBERS OF THE BENEDICTINE UNIVERSITY BUSINESS AND FINANCE DEPARTMENT, REVIEWED THE DRAFT FORM 990, TOGETHER WITH ITS OUTSIDE ACCOUNTING FIRM. THE COMPLETED 990 IS REVIEWED BY THE BENEDICTINE UNIVERSITY FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. A COPY IS PROVIDED TO EACH MEMBER OF THE FULL BOARD OF TRUSTEES OF SPRINGFIELD COLLEGE IN ILLINOIS PRIOR TO FILING. |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,773,171
- Liabilities
- $498,299
- Net assets
- $1,274,872
- Revenue
- $350,000
- Expenses
- $381,048
- Net income
- -$31,048