University of Illinois Alumni

“The university of illinois alumni association is composed of two classes of members: general members and contributing members. Only contributing members have the right to vote and hold office in the association.”

“Contributing members have the right to vote for individuals nominated to the board of directors.”

“No board review of the form 990 has or will be completed by the governing body.”

“The conflict of interest policy applies to each university of illinois alumni association ("association") officer and member of the association's board of directors ("board") as defined by the organization's bylaws. It is also intended to serve as guidance for all persons employed by the association in positions of significant responsibility and authority, as well as to any non-directors serving on the finance and investment, audit, technology and information management, and advocacy committees. Every person covered by the policy has the responsibility to ensure the board is made aware of situations that involve personal, familial, or business relationships that could be troublesome. Thus, the board requires each person covered by the policy annually to: (a) be familiar with the terms of the policy, (b) disclose to the board chair any possible personal, familial, or business relationships that reasonably might give rise to a conflict involving the association, and (c) complete and sign the disclosure form on an annual basis. Persons covered by the policy also have a duty to update this information during the course of the year as necessary. Persons covered by the policy who have declared a conflict of interest, or who have been found to have a conflict of interest, shall refrain from participating in consideration of relevant proposed transactions unless the board or association president requests information or interpretation for special reasons.”

“The alumni association has a compensation committee consisting of the board of directors chair, vice chair, and immediate past chair. The committee meets annually and as-needed to consider a number of compensation-related issues including the compensation for the president & ceo. The committee reviews the ceo's compensation relative to comparison compensation data of ceos at similar alumni associations for other major universities based upon voluntary industry surveys. The committee also reviews compensation data of certain university of illinois employees. The committee reviews the ceo's performance relative to the alumni association's goals and objectives. Based upon these reviews, the compensation committee specifies annual or special increases in annual salary rate, variable compensation, and any other form of compensation. This process was last completed decemeber 6, 2016.”

“The university of illinois alumni association's financial statements are available to the public on their website. The organization's governing documents and conflict of interest policy are not available to the public.”

“Other fees: program service expenses 715,128. Management and general expenses 88,287. Fundraising expenses 5,181. Total expenses 808,596.”

“The oversight and selection process has not changed from the prior tax year.”