Civic Intelligence

Illinois Community College System Foundation

990 • Fiscal year 2022 • EIN 37-1293039

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 03, 2023

Organization ProfileWWW.ICCSF.ORG
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

61st percentile

0.22x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

1.44x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

24th percentile

$27,500

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

22nd percentile

-8.5%

Faster asset growth than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

76th percentile

29%

Faster revenue growth than 76% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$7,891,212

Down $730,588 (-8.5%) from 2021

Net Assets

Down

$6,185,509

Down $501,864 (-7.5%) from 2021

Liabilities

Down

$1,705,703

Down $228,724 (-12%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin87th percentile

Revenue

Up

$1,186,279

Up $268,503 (+29%) from 2021

Expenses

Up

$640,522

Up $76,647 (+14%) from 2021

Net Income

Up

$545,757

Up $191,856 (+54%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

2022

Assets$7,891,212
Liabilities$1,705,703
Net Assets$6,185,509
Open 2022 Filing

Operations Trend

Revenue Growth76th percentile

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

2022

Revenue$1,186,279
Expenses$640,522
Net Income$545,757
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 3, 2023
Return Version
2022v5.0
Gross Receipts
$4,909,725
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$3,776,142$3,731,476▼ $44,666
Investments in Publicly Traded Securities$4,034,059$3,524,039▼ $510,020
Savings and Temporary Cash Investments$760,644$623,219▼ $137,425
Prepaid Expenses and Deferred Charges-$10,300-
Accounts Receivable$50,955$2,178▼ $48,777
Intangible Assets$0$0→ $0
Total Assets$8,621,800$7,891,212▼ $730,588
Liabilities
Tax Exempt Bond Liabilities$1,329,907$1,186,294▼ $143,613
Mortgage Notes Payable Secured by Investment Property$564,596$469,887▼ $94,709
Accounts Payable and Accrued Expenses$25,997$35,177▲ $9,180
Deferred Revenue$13,927$14,345▲ $418
Total Liabilities$1,934,427$1,705,703▼ $228,724
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,489,042$3,313,340▼ $175,702
Net Assets With Donor Restrictions$3,198,331$2,872,169▼ $326,162
Total Net Assets Fund Balance$6,687,373$6,185,509▼ $501,864
Total Liabilities and Net Assets / Fund Balance$8,621,800$7,891,212▼ $730,588

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,329,713$2,155,422$5,485,135
Land$401,763-$401,763
Other Land Buildings$0$202,998$202,998

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$3,174,015$33,435▼ $294,155$9,662$2,844,903
2021$2,975,808$27,971▲ $252,194$11,108$3,174,015
2020$2,805,888$18,250▲ $225,165$7,871$2,975,808
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
Compensation and Service Providers
Top Officer Pay24th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Barry HancockCo-presidentPT$27,500$27,500
Terri WinfreeCo-presidentPT$27,500$27,500

Board Members and Trustees

NameTitle
John GoetzChair
Bola DelanoDirector
Bradley GriffithDirector
Craig BradleyDirector
Cristobal ValdezDirector
Joe KanoskyDirector
Shelley BarkleyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$63,385
Program Service Revenue
$632,515
Investment Income
$455,849
Other Revenue
$34,530
All Other Contributions
$63,385
Change in Net Assets
$545,757

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,186,279
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-911,779
Total Revenue per Audited Statements
$274,500
Total Revenue per Form 990
$1,186,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$447,738
Salaries, Compensation, and Employee Benefits$107,054
Grants and Similar Amounts Paid$85,730
Total Fundraising Expense$14,170
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$121,634$1,589-$123,223
Depreciation Depletion$105,386$5,318-$110,704
Grants to Domestic Individuals$85,730--$85,730
Interest$72,155$962-$73,117
Current Officers, Directors, Trustees, and Key Employees$22,000$22,000$11,000$55,000
Other Salaries and Wages$38,737$5,709-$44,446
Fees for Service Investment Mgmnt Fees$8,654$9,571-$18,225
Fees for Services Accounting-$16,065-$16,065
Travel$4,071$4,678$2,328$11,077
Other Employee Benefits$4,646$2,120$842$7,608
All Other Expenses$3,409$2,860-$6,269
Other Expenses$47,115$5,621-$5,621
Total Functional Expenses$513,537$112,815$14,170$640,522

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$776,364
Expenses per Audited Statements$640,522
Total Expenses per Form 990$640,522
Expenses Not Reported on Form 990$135,842
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 Founda
EIN
37-1293039
Phone
2177894230
Address
401 EAST CAPITOL AVENUE, SPRINGFIELD, IL 62701

Signing Officer

Name
John Goetz
Title
Chair
Phone
2177894230
Signed
2023-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Goetz
Formed
1991
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
7
Employees
4
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 2022 or 2021.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 135,842.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES 135,842.”

Raw XML AppendixShowing 400 of 577 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/BOYAmt025997
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt035177
IRS990/AccountsReceivableGrp/BOYAmt050955
IRS990/AccountsReceivableGrp/EOYAmt02178
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT ACTIVITIES OF BENEFIT TO ALL COMMUNITY COLLEGES, INCLUDING SCHOLARSHIPS.
IRS990/AllOtherContributionsAmt063385
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt02860
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03409
IRS990/AllOtherExpensesGrp/TotalAmt06269
IRS990/AnnualDisclosureCoveredPrsnInd00
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BARRY HANCOCK
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/FundraisingAmt011000
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt022000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt022000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt055000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063385
IRS990/CYGrantsAndSimilarPaidAmt085730
IRS990/CYInvestmentIncomeAmt0455849
IRS990/CYOtherExpensesAmt0447738
IRS990/CYOtherRevenueAmt034530
IRS990/CYProgramServiceRevenueAmt0632515
IRS990/CYRevenuesLessExpensesAmt0545757
IRS990/CYSalariesCompEmpBnftPaidAmt0107054
IRS990/CYTotalExpensesAmt0640522
IRS990/CYTotalFundraisingExpenseAmt014170
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01186279
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt013927
IRS990/DeferredRevenueGrp/EOYAmt014345
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt05318
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0105386
IRS990/DepreciationDepletionGrp/TotalAmt0110704
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/BOYAmt03198331
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02872169
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt0404785
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016065
IRS990/FeesForServicesAccountingGrp/TotalAmt016065
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt09571
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt08654
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt018225
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt410.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN GOETZ
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRI WINFREE
IRS990/Form990PartVIISectionAGrp/PersonNm2BRADLEY GRIFFITH
IRS990/Form990PartVIISectionAGrp/PersonNm3JOE KANOSKY
IRS990/Form990PartVIISectionAGrp/PersonNm4BARRY HANCOCK
IRS990/Form990PartVIISectionAGrp/PersonNm5CRISTOBAL VALDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm6CRAIG BRADLEY
IRS990/Form990PartVIISectionAGrp/PersonNm7BOLA DELANO
IRS990/Form990PartVIISectionAGrp/PersonNm8SHELLEY BARKLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt127500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt427500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CO-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0373828
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt085730
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt085730
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03961432
IRS990/GrossReceiptsAmt04909725
IRS990/GrossRentsGrp/RealAmt0170322
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt0962
IRS990/InterestGrp/ProgramServicesAmt072155
IRS990/InterestGrp/TotalAmt073117
IRS990/InvestmentIncomeGrp/ExclusionAmt082021
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt082021
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04034059
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03524039
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02358420
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03776142
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03731476
IRS990/LandBldgEquipCostOrOtherBssAmt06089896
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03587604
IRS990/LessRentalExpensesGrp/RealAmt0135842
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/BOYAmt0564596
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0469887
IRS990/NetAssetsOrFundBalancesBOYAmt06687373
IRS990/NetAssetsOrFundBalancesEOYAmt06185509
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0373828
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0373828
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt034480
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt034480
IRS990/NetUnrelatedBusTxblIncmAmt027820
IRS990/NetUnrlzdGainsLossesInvstAmt0-1047621
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03489042
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03313340
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01589
IRS990/OccupancyGrp/ProgramServicesAmt0121634
IRS990/OccupancyGrp/TotalAmt0123223
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0842
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02120
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt04646
IRS990/OtherEmployeeBenefitsGrp/TotalAmt07608
IRS990/OtherExpensesGrp/Desc0UNRELATED BUSINESS INCO
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018139
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17961
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210222
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35621
IRS990/OtherExpensesGrp/ProgramServicesAmt047115
IRS990/OtherExpensesGrp/TotalAmt018139
IRS990/OtherExpensesGrp/TotalAmt155076
IRS990/OtherExpensesGrp/TotalAmt210222
IRS990/OtherExpensesGrp/TotalAmt35621
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt050
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt050
IRS990/OtherRevenueTotalAmt050
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05709
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038737
IRS990/OtherSalariesAndWagesGrp/TotalAmt044446
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010300
IRS990/PrincipalOfficerNm0JOHN GOETZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0ICCB INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0632515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0632515
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING FINANCIAL ASSISTANCE THROUGH SCHOLARSHIPS AVAILABLE TO COMMUNITY COLLEGE STUDENTS THROUGHOUT THE STATE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0108752
IRS990/ProgSrvcAccomActy2Grp/GrantAmt085730
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt041721
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt088450
IRS990/PYInvestmentIncomeAmt0220808
IRS990/PYOtherExpensesAmt0362592
IRS990/PYOtherRevenueAmt042016
IRS990/PYProgramServiceRevenueAmt0613231
IRS990/PYRevenuesLessExpensesAmt0353901
IRS990/PYSalariesCompEmpBnftPaidAmt0112833
IRS990/PYTotalExpensesAmt0563875
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0917776
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0545757
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt034480
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0632515
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0760644
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0623219
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt063385
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt041721
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt021100
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt029294
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt042862
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0198362
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt082021
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt078712
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt077731
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt067120
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt064869
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0370453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0632515
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0613231
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0610169
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0601720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0590897
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03048532
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt082021
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt078712
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt077731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt067120
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt064869
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0370453
IRS990ScheduleA/InvestmentIncomeCYPct00.09860
IRS990ScheduleA/InvestmentIncomePYPct00.10770
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt034480
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt041928
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt035255
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt020516
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt06058
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt0138237
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86460
IRS990ScheduleA/PublicSupportPY509Pct00.86500
IRS990ScheduleA/PublicSupportTotal509Amt03246894
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0695900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0654952
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0631269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0631014
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0633759
IRS990ScheduleA/Total509Grp/TotalAmt03246894
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0812401
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0775592
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0744255
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0718650
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0704686
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03755584
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03329713
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02155422
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05485135
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03174015
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt033435
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02844903
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt058730
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-294155
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt09662
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02975808
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt027971
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03174015
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt070850
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0252194
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt011108
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02805888
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt018250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02975808
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt065624
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0225165
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt07871
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02562850
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt022044
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02805888
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt048100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0276633
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt07539
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02671504
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt031486
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02562850
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt053800
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-78951
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt07389
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0135842
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0640522
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0401763
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0401763
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1047621
IRS990ScheduleD/OtherExpensesIncludedAmt0135842
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0202998
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0202998
IRS990ScheduleD/OtherRevenueAmt0135842
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.58000
IRS990ScheduleD/RevenueNotReportedAmt0-911779
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01186279
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.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,891,212
Liabilities
$1,705,703
Net assets
$6,185,509
Revenue
$1,186,279
Expenses
$640,522
Net income
$545,757
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.03$1.56$7.47$1.04$0.60$0.43
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$1.85$6.84$0.79$0.57$0.22
2022Detailed filing. Detailed filing data is available for this year.$7.89$1.71$6.19$1.19$0.64$0.55
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$1.93$6.69$0.92$0.56$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.21$2.14$6.07$0.73$0.54$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$2.36$5.52$0.72$0.56$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.50$2.55$4.96$0.70$0.54$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$2.74$4.99$1.45$0.56$0.90
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.64$2.98$4.66$0.76$0.52$0.24
2015Detailed filing. Detailed filing data is available for this year.$7.53$3.17$4.36$0.69$0.59$0.11