Civic Intelligence

Illinois Community College System Foundation

990 • Fiscal year 2019 • EIN 37-1293039

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 14, 2020

401 East Capitol AvenueSpringfield, IL 62701

(217) 789-4230

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.30x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

92nd percentile

3.27x

Higher debt load relative to revenue than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

79th percentile

22%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

25th percentile

$50,159

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

56th percentile

5.0%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.4%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,877,146

Up $373,899 (+5.0%) from 2018

Net Assets

Up

$5,519,399

Up $561,627 (+11%) from 2018

Liabilities

Down

$2,357,747

Down $187,728 (-7.4%) from 2018

Revenue

Up

$720,299

Up $23,701 (+3.4%) from 2018

Expenses

Up

$558,609

Up $15,436 (+2.8%) from 2018

Net Income

Up

$161,690

Up $8,265 (+5.4%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2015: $7,529,151Liabilities 2015: $3,169,462Net Assets 2015: $4,359,6892015Assets 2016: $7,643,554Liabilities 2016: $2,980,696Net Assets 2016: $4,662,8582016Assets 2017: $7,723,894Liabilities 2017: $2,735,526Net Assets 2017: $4,988,3682017Assets 2018: $7,503,247Liabilities 2018: $2,545,475Net Assets 2018: $4,957,7722018Assets 2019: $7,877,146Liabilities 2019: $2,357,747Net Assets 2019: $5,519,3992019Assets 2020: $8,212,407Liabilities 2020: $2,142,145Net Assets 2020: $6,070,2622020Assets 2021: $8,621,800Liabilities 2021: $1,934,427Net Assets 2021: $6,687,3732021Assets 2022: $7,891,212Liabilities 2022: $1,705,703Net Assets 2022: $6,185,5092022Assets 2023: $8,693,147Liabilities 2023: $1,850,128Net Assets 2023: $6,843,0192023Assets 2024: $9,029,265Liabilities 2024: $1,556,862Net Assets 2024: $7,472,4032024

Highlighted filing

2019

Assets$7,877,146
Liabilities$2,357,747
Net Assets$5,519,399

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0Revenue 2015: $692,621Expenses 2015: $587,448Net Income 2015: $105,1732015Revenue 2016: $760,427Expenses 2016: $524,212Net Income 2016: $236,2152016Revenue 2017: $1,451,332Expenses 2017: $555,505Net Income 2017: $895,8272017Revenue 2018: $696,598Expenses 2018: $543,173Net Income 2018: $153,4252018Revenue 2019: $720,299Expenses 2019: $558,609Net Income 2019: $161,6902019Revenue 2020: $730,722Expenses 2020: $541,745Net Income 2020: $188,9772020Revenue 2021: $917,776Expenses 2021: $563,875Net Income 2021: $353,9012021Revenue 2022: $1,186,279Expenses 2022: $640,522Net Income 2022: $545,7572022Revenue 2023: $786,838Expenses 2023: $567,168Net Income 2023: $219,6702023Revenue 2024: $1,038,282Expenses 2024: $603,709Net Income 2024: $434,5732024

Highlighted filing

2019

Revenue$720,299
Expenses$558,609
Net Income$161,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 14, 2020
Return Version
2019v5.1
Gross Receipts
$980,770
Mission and Program Overview

Mission

The illinois community college system foundation serves all 48 illinois community colleges in the state of illinois, providing student scholarships, programs, services, and general funds.

To support activities of benefit to all community colleges, including scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,193,889$4,053,980▼ $139,909
Investments in Publicly Traded Securities$2,504,560$2,962,404▲ $457,844
Savings and Temporary Cash Investments$601,936$723,897▲ $121,961
Accounts Receivable$202,862$114,584▼ $88,278
Prepaid Expenses and Deferred Charges$0$22,281▲ $22,281
Intangible Assets$0$0→ $0
Total Assets$7,503,247$7,877,146▲ $373,899
Liabilities
Tax Exempt Bond Liabilities$1,686,736$1,568,720▼ $118,016
Mortgage Notes Payable Secured by Investment Property$814,354$732,790▼ $81,564
Accounts Payable and Accrued Expenses$31,639$31,006▼ $633
Deferred Revenue$12,746$25,231▲ $12,485
Total Liabilities$2,545,475$2,357,747▼ $187,728
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,649,515$2,863,254▲ $213,739
Net Assets Without Donor Restrictions$2,308,257$2,656,145▲ $347,888
Total Net Assets Fund Balance$4,957,772$5,519,399▲ $561,627
Total Liabilities and Net Assets / Fund Balance$7,503,247$7,877,146▲ $373,899

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,651,450$1,731,755$5,383,205
Land$401,763-$401,763
Other Land Buildings$767$200,765$201,532

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,562,850$22,044▲ $276,633$7,539$2,805,888
2018$2,671,504$31,486▼ $78,951$7,389$2,562,850
2017$2,497,684$26,852▲ $208,821$10,753$2,671,504
2016$2,293,519$22,570▲ $216,890$10,696$2,497,684
2015$2,303,220$31,340▲ $45,118$10,509$2,293,519
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Joe KanoskyPresidentPT$50,159$50,159

Board Members and Trustees

NameTitle
John GoetzChair
Jim BerkelDirector
Keith LapeDirector
Terri WinfreeDirector
Barry HancockSecretary/treasurer
Ray HancockSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$29,294
Program Service Revenue
$601,720
Investment Income
$68,769
Other Revenue
$20,516
All Other Contributions
$29,294
Change in Net Assets
$161,690

Audited Revenue Reconciliation

Revenue per Audited Statements
$720,299
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$557,721
Total Revenue per Audited Statements
$1,278,020
Total Revenue per Form 990
$720,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,535
Salaries, Compensation, and Employee Benefits$98,424
Grants and Similar Amounts Paid$84,650
Total Fundraising Expense$12,839
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$92,338$4,849-$97,187
Grants to Domestic Individuals$84,650--$84,650
Occupancy$81,084$1,068-$82,152
Interest$79,585$1,094-$80,679
Current Officers, Directors, Trustees, and Key Employees$9,615$30,333$10,032$49,980
Other Salaries and Wages$41,348--$41,348
Fees for Services Accounting-$18,080-$18,080
Insurance$13,547$185-$13,732
Fees for Service Investment Mgmnt Fees$6,375$4,442-$10,817
Travel$3,511$4,097$2,039$9,647
Other Employee Benefits$4,028$2,300$768$7,096
Other Expenses$7,745$4,807-$4,807
All Other Expenses-$858-$858
Total Functional Expenses$462,564$83,206$12,839$558,609

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$716,393
Expenses per Audited Statements$558,609
Total Expenses per Form 990$558,609
Expenses Not Reported on Form 990$157,784
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe County of Sangamon Illinois2009-08-28$2,600,000Renovation of building/refunding of outstanding series 1997 bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$2,600,000--$25,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization has no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

The completed 990 is presented to the organization's president for review and subsequently reported to the board of directors.

Form 990, Part VI, Section B, Line 12C

The board monitors and enforces any conflicts of interest verbally in board meetings. Officers, directors and employees are to report conflicts of interest and potential conflicts are discussed as they may be presented.

Form 990, Part VI, Section C, Line 19

All official documents are kept at the iccsf office at 401 e. Capitol avenue in springfield, illinois, and are available to anyone who makes a request in writing, makes an appointment, and provides identification as requested by the iccsf president.

Filing and Contact Details

Filer

Filer Name
Illinois Community College System
EIN
37-1293039
Phone
2177894230
Address
401 EAST CAPITOL AVENUE, SPRINGFIELD, IL 62701

Signing Officer

Name
John Goetz
Title
Chair
Phone
2177894230
Signed
2020-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Goetz
Formed
1991
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
10

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
3200 ROBBINS ROAD STE 200A, SPRINGFIELD, IL 62704
Preparer
Danielle M Hunt
Phone
2177890960
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The foundation's endowment funds were established primarily for scholarship purposes. Approximately 98% of annual expenditures from the endowment funds were used for scholarships while recognitions account for the remaining 2% of expenditures.

PART X, LINE 2:

The foundation has recognized in the financial statements the effects of all tax positions and continually evaluates expiring statutes of limitations, audits, changes in tax law, and new authoritative rulings. The foundation is not aware of any circumstances or events that make it reasonably possible that unrecognized tax benefits may increase or decrease within 12 months of the balance sheet date. Penalties and interest assessed by taxing authorities are included in the provision for income taxes, if applicable. There were no interest or penalties paid during 2019 or 2018.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 157,784.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 157,784.

Raw XML AppendixShowing 400 of 543 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt031639
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt031006
IRS990/AccountsReceivableGrp/BOYAmt0202862
IRS990/AccountsReceivableGrp/EOYAmt0114584
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT ACTIVITIES OF BENEFIT TO ALL COMMUNITY COLLEGES, INCLUDING SCHOLARSHIPS.
IRS990/AllOtherContributionsAmt029294
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0858
IRS990/AllOtherExpensesGrp/TotalAmt0858
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOE M KANOSKY PHD
IRS990/BooksInCareOfDetail/PhoneNum02177894230
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 E CAPITOL
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd062701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010032
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt030333
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt09615
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt049980
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt029294
IRS990/CYGrantsAndSimilarPaidAmt084650
IRS990/CYInvestmentIncomeAmt068769
IRS990/CYOtherExpensesAmt0375535
IRS990/CYOtherRevenueAmt020516
IRS990/CYProgramServiceRevenueAmt0601720
IRS990/CYRevenuesLessExpensesAmt0161690
IRS990/CYSalariesCompEmpBnftPaidAmt098424
IRS990/CYTotalExpensesAmt0558609
IRS990/CYTotalFundraisingExpenseAmt012839
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0720299
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt012746
IRS990/DeferredRevenueGrp/EOYAmt025231
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04849
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092338
IRS990/DepreciationDepletionGrp/TotalAmt097187
IRS990/Desc0ENHANCING THE IMAGE AND RESOURCES OF THE COMMUNITY COLLEGE SYSTEM BY DEVELOPING FRIENDS AND FAVORABLE PUBLICITY TO SUPPORT ACTIVITIES OF BENEFIT TO ALL COMMUNITY COLLEGES IN ILLINOIS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02649515
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02863254
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt0359117
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt018080
IRS990/FeesForServicesAccountingGrp/TotalAmt018080
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt04442
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt06375
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt010817
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN GOETZ
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRI WINFREE
IRS990/Form990PartVIISectionAGrp/PersonNm2KEITH LAPE
IRS990/Form990PartVIISectionAGrp/PersonNm3BARRY HANCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm4JIM BERKEL
IRS990/Form990PartVIISectionAGrp/PersonNm5RAY HANCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm6JOE KANOSKY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt650159
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt01649
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt084650
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt084650
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0104336
IRS990/GrossReceiptsAmt0980770
IRS990/GrossRentsGrp/RealAmt0178300
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0185
IRS990/InsuranceGrp/ProgramServicesAmt013547
IRS990/InsuranceGrp/TotalAmt013732
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt01094
IRS990/InterestGrp/ProgramServicesAmt079585
IRS990/InterestGrp/TotalAmt080679
IRS990/InvestmentIncomeGrp/ExclusionAmt067120
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt067120
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02504560
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02962404
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01932520
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04193889
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04053980
IRS990/LandBldgEquipCostOrOtherBssAmt05986500
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0102687
IRS990/LessRentalExpensesGrp/RealAmt0157784
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ILLINOIS COMMUNITY COLLEGE SYSTEM FOUNDATION SERVES ALL 48 ILLINOIS COMMUNITY COLLEGES IN THE STATE OF ILLINOIS, PROVIDING STUDENT SCHOLARSHIPS, PROGRAMS, SERVICES, AND GENERAL FUNDS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0814354
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0732790
IRS990/NetAssetsOrFundBalancesBOYAmt04957772
IRS990/NetAssetsOrFundBalancesEOYAmt05519399
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01649
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01649
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt020516
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt020516
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0399937
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02308257
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02656145
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01068
IRS990/OccupancyGrp/ProgramServicesAmt081084
IRS990/OccupancyGrp/TotalAmt082152
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0768
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02300
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04028
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07096
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03690
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11872
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25531
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34807
IRS990/OtherExpensesGrp/ProgramServicesAmt038738
IRS990/OtherExpensesGrp/ProgramServicesAmt17745
IRS990/OtherExpensesGrp/TotalAmt042428
IRS990/OtherExpensesGrp/TotalAmt19617
IRS990/OtherExpensesGrp/TotalAmt25531
IRS990/OtherExpensesGrp/TotalAmt34807
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041348
IRS990/OtherSalariesAndWagesGrp/TotalAmt041348
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022281
IRS990/PrincipalOfficerNm0JOHN GOETZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0ICCB INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0601720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0601720
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS AVAILABLE TO COMMUNITY COLLEGE STUDENTS THROUGHOUT THE STATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0103447
IRS990/ProgSrvcAccomActy2Grp/GrantAmt084650
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt042862
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0103014
IRS990/PYInvestmentIncomeAmt056677
IRS990/PYOtherExpensesAmt0348473
IRS990/PYOtherRevenueAmt06162
IRS990/PYProgramServiceRevenueAmt0590897
IRS990/PYRevenuesLessExpensesAmt0153425
IRS990/PYSalariesCompEmpBnftPaidAmt091686
IRS990/PYTotalExpensesAmt0543173
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0696598
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0161690
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt020516
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0601720
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0601936
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0723897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt029294
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt039441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt032340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0166507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt067120
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt064869
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0106219
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt092640
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt096338
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0427186
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03738073
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.28730
IRS990ScheduleA/PublicSupportPY170Pct00.44300
IRS990ScheduleA/PublicSupportTotal170Amt0166507
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt029294
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt039441
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022570
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt032340
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0166507
IRS990ScheduleA/TotalSupportAmt0579534
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt020516
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt06058
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0-3667
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0-13794
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0-23272
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0-14159
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/BuildingsGrp/BookValueAmt03651450
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01731755
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05383205
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02562850
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt022044
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02805888
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt048100
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0276633
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt07539
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02671504
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt031486
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02562850
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt053800
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-78951
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt07389
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02497684
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt026852
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02671504
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt051100
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0208821
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt010753
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02293519
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt022570
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02497684
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt024600
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0216890
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt010696
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02303220
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt031340
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02293519
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt075650
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045118
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt010509
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0157784
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0558609
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0401763
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0401763
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0399937
IRS990ScheduleD/OtherExpensesIncludedAmt0157784
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0767
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0200765
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0201532
IRS990ScheduleD/OtherRevenueAmt0157784
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.57170
IRS990ScheduleD/RevenueNotReportedAmt0557721
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0720299
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT FUNDS WERE ESTABLISHED PRIMARILY FOR SCHOLARSHIP PURPOSES. APPROXIMATELY 98% OF ANNUAL EXPENDITURES FROM THE ENDOWMENT FUNDS WERE USED FOR SCHOLARSHIPS WHILE RECOGNITIONS ACCOUNT FOR THE REMAINING 2% OF EXPENDITURES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS RECOGNIZED IN THE FINANCIAL STATEMENTS THE EFFECTS OF ALL TAX POSITIONS AND CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION IS NOT AWARE OF ANY CIRCUMSTANCES OR EVENTS THAT MAKE IT REASONABLY POSSIBLE THAT UNRECOGNIZED TAX BENEFITS MAY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE BALANCE SHEET DATE. PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN THE PROVISION FOR INCOME TAXES, IF APPLICABLE. THERE WERE NO INTEREST OR PENALTIES PAID DURING 2019 OR 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 157,784.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES 157,784.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.42830
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04053980
IRS990ScheduleD/TotalExpensesPerForm990Amt0558609
IRS990ScheduleD/TotalRevenuePerForm990Amt0720299
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01278020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0716393
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt031200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt113600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt224000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt32500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt43000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt57500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt62850
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ILLINOIS HEALTH TRUST SCHOLARSHIP - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1ILLINOIS HEALTHCARE SCHOLARSHIPS - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ILLINOIS ELECTRIC COOPERATIVE - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3ILLINOIS COUNCIL OF COMMUNITY COLLEGE ADMINISTRATORS - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4ILLINOIS COMMUNITY COLLEGE SYSTEM LEADERSHIP SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5ILLINOIS COMMUNITY COLLEGE FACULTY ASSOCIATION - TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6IAFPD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt019
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt117
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt212
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt33
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt41
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt57
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt61
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ICCSF HAS PROCEDURES, CONTAINED IN SCHOLARSHIP GUIDELINES AND OTHER HANDBOOK MATERIALS, FOR AWARDING GRANTS TO OTHER ENTITIES (THE ILLINOIS COMMUNITY COLLEGES). ALL AWARDS OF GRANTS ARE MADE IN ACCORDANCE WITH POLICIES AND PROCEDURES OF ICCSF. EACH SCHOLARSHIP SHALL BE FOR TUITION FOR ONE SEMESTER AT AN ILLINOIS COMMUNITY COLLEGE. TUITION WILL BE PAID DIRECTLY FROM FOUNDATION TO RECIPIENT OR THE COMMUNITY COLLEGE. THE SCHOLARSHIP SHALL BE A GIFT, NOT A LOAN. THE AVAILABILITY OF THE SCHOLARSHIPS WILL BE PUBLICIZED BY THE ILLINOIS COMMUNITY COLLEGES. SCHOLARSHIPS WILL BE AWARDED BASED ON SCHOLASTIC ACHIEVEMENT AND FINANCIAL NEED. SELECTION WILL BE FROM APPLICATIONS SUBMITTED WHICH INCLUDE A ONE-PAGE ESSAY DESCRIBING CAREER AND EDUCATIONAL GOALS AND THE APPLICANTS NEED FOR SCHOLARSHIP ALONG WITH TRANSCRIPTS AND FINANCIAL AID APPLICATIONS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings