2025-11-14T15:53:08-06:00 2025-05-31 931743146 Eifel Rambo Advisory Group Ltd 20635 Abbey Woods Ct Suite 301 Frankfort IL 60423 990 2024-06-01 362252360 Associated Colleges of Illinois Inc ASSO 3122632391 70 E Lake Street 1418 Chicago IL 60601 April Arnold Executive Director 3122632391 2025-10-21 1 1 Matt Beckley CPA P00331163 7086282365 2024 2025-03-06 01:10:19Z April Arnold 70 E Lake Street 1418 Chicago IL 60601 1447361 0 X acifund.org X 1952 IL Associated Colleges of Illinois supports member colleges and universities. 46 46 4 25 0 0 709011 854918 591404 482463 25735 58497 130252 7478 1456402 1403356 562324 511502 0 0 339784 317224 0 0 186919 334434 380981 1236542 1209707 219860 193649 1421439 1617684 371358 344672 1050081 1273012 X Associated Colleges of Illinois has supported numerous independent colleges and universities with a liberal arts tradition in Illinois for more than 70 years benefitting thousands of underrepresented students through scholarships, emergency financial aid, mentoring, and other forms of college to career support. 0 0 625043 436002 485338 Grants and services to member colleges and universities 158845 75500 Peer Mentoring 783888 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 4 1 0 0 0 0 0 0 0 0 0 0 X 46 46 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Teresa Black 3122632391 70 E Lake Street Suite 1418 Chicago IL 60601 Gene C Crume President 1.00 X X 0 0 0 Lyn Bulman Chair 1.00 X X 0 0 0 Angela T Allen Secretary/Treasurer 1.00 X X 0 0 0 Andrea Talentino Trustee 1.00 X 0 0 0 Greg Meyer Trustee 1.00 X 0 0 0 Larry Lee Trustee 1.00 X 0 0 0 Troy VanAken Trustee 1.00 X 0 0 0 Jamel SC Wright Trustee 1.00 X 0 0 0 Barbara Farley Trustee 1.00 X 0 0 0 Georgia Nugent Trustee 1.00 X 0 0 0 Sheahon Zenger Trustee 1.00 X 0 0 0 C Andrew McGadney Trustee 1.00 X 0 0 0 Dave Livingston Trustee 1.00 X 0 0 0 Daniel Dobbins Trustee 1.00 X 0 0 0 Jim Reynolds Trustee 1.00 X 0 0 0 Clarence Wyatt Trustee 1.00 X 0 0 0 Patricia Draves Trustee 1.00 X 0 0 0 Anita Thomas Trustee 1.00 X 0 0 0 Abiodun Goke-Pariola Trustee 1.00 X 0 0 0 Mary Surridge Trustee 1.00 X 0 0 0 Gregg Chenoweth Trustee 1.00 X 0 0 0 Daniel Norton Trustee 1.00 X 0 0 0 Brian McGee Trustee 1.00 X 0 0 0 Patricia Lynott Trustee 1.00 X 0 0 0 Keith Elder Trustee 1.00 X 0 0 0 Aaron Kuecker Trustee 1.00 X 0 0 0 Arvid Johnson Trustee 1.00 X 0 0 0 Ruben Abarca Trustee 1.00 X 0 0 0 Jim Applegate Trustee 1.00 X 0 0 0 Ellen Babbitt Trustee 1.00 X 0 0 0 Dave Barnett Trustee 1.00 X 0 0 0 Emily Bothfeld Trustee 1.00 X 0 0 0 Liz Cook Trustee 1.00 X 0 0 0 Bob DiMeo Trustee 1.00 X 0 0 0 Bob Dow Trustee 1.00 X 0 0 0 Peter Fissinger Trustee 1.00 X 0 0 0 Toya Garcia-Bradow Trustee 1.00 X 0 0 0 Nichole Johnson Trustee 1.00 X 0 0 0 Passion Johnson Trustee 1.00 X 0 0 0 Ray Krouse Trustee 1.00 X 0 0 0 Tony LoBello Trustee 1.00 X 0 0 0 Kim Marshall Trustee 1.00 X 0 0 0 Chris Miceika Trustee 1.00 X 0 0 0 Patricia Mota Trustee 1.00 X 0 0 0 Kassie Olea Trustee 1.00 X 0 0 0 Debbie Osgood Trustee 1.00 X 0 0 0 Leslie Sawyer Trustee 1.00 X 0 0 0 Nicholas Simpson Trustee 1.00 X 0 0 0 Pawel Szeliski Trustee 1.00 X 0 0 0 Leah Wallace Trustee 1.00 X 0 0 0 April Arnold Executive Director 50.00 X 123600 0 8400 123600 0 8400 1 0 0 0 0 68622 786296 160698 854918 Member assessments 611710 459990 459990 Corporate partnerships 611710 22473 22473 482463 27884 27884 66658 36045 30613 30613 30613 5522 68622 7960 -2438 -2438 Other 900099 9916 9916 9916 1403356 522992 0 25446 X 511502 511502 132000 59400 33000 39600 161549 43980 18125 99444 2374 453 121 1800 21301 7440 3665 10196 94407 36795 54875 2737 4865 3667 1198 167755 75757 87628 4370 9443 2981 2335 4127 9091 3543 5284 264 32032 11211 5339 15482 6504 3715 2130 659 9889 7733 2102 54 4414 1545 736 2133 17909 594 16495 820 Membership dues & subsc 17687 12142 2941 2604 Repairs & maintenance 5283 1288 2216 1779 Miscellaneous 1702 142 710 850 1209707 783888 238900 186919 373172 205127 108045 254087 7950 42000 13753 18308 16968 10422 10959 6546 819699 1022100 87861 69516 1421439 1617684 34198 25816 248210 234000 15000 88950 69856 371358 344672 X 373496 357270 676585 915742 1050081 1273012 1421439 1617684 193649 29280 0 X X 0 1 X 1 0 X 583868 633142 671947 753555 859521 3502033 629042 640189 620011 701159 649220 3239621 200 39875 40075 1213110 1313206 1291958 1454714 1508741 6781729 0 255316 231254 486570 255316 231254 486570 6295159 6787 7939 18208 19068 27884 79886 6787 7939 18208 19068 27884 79886 1219897 1321145 1310166 1473782 1536625 6861615 0.91740 0.87660 0.01160 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 591576 167758 68686 2937 825083 502260 7114 99976 17774 591576 496532 8107 2379 502260 518183 -11281 10370 496532 417558 110603 9978 518183 0 0 16968 10422 6546 6546 Lease liability current portion 3154 Lease LIability Noncurrent portion 66702 69856 X 1427771 29280 29280 1398491 4865 4865 1403356 1204840 0 1204840 4865 2 4867 1209707 Part V, Line 4: Net assets perpetual in nature are exclusively comprised of donor-restricted endowment funds representing investments in perpetuity. The perpetual in nature amount has been stipulated by the donor and is subject to change from time to time. This Fund's investment income is expendable to support minority leadership through scholarships as originally outlined by the donor's intent. Part X, Line 2: FIN 48 Note from Audited Financial Statements The Association was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(3). The Association qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and has been classified as an organization that is not a private Foundation under Section 509(a)(1). The tax-exempt purpose of the Association and the nature in which it operates is described in the first paragraph of Note 1. The Association continues to operate in compliance with its tax-exempt purpose. The Association's annual information returns filed with the federal and state governments are subject to examination generally for three years after they have been filed. Part XII, Line 4b - Other Adjustments: Rounding 2. ACI Breakfast Forum 74144 68622 5522 1500 5500 960 74144 68622 5522 1500 5500 960 7960 -2438 1 Augustana College 539 Thirty Eighth Street Rock Island IL 61201 362166962 501(c)(3) 24812 0 Educational Activities Blackburn College 700 College Avenue Carlinville IL 62626 370661491 501(c)(3) 19762 0 Educational Activities Elmhurst University 190 Prospect Avenue Elmhurst IL 60126 362169145 501(c)(3) 24762 0 Educational Activities Eureka College 300 East College Avenue Eureka IL 61530 370667484 501(c)(3) 25062 0 Educational Activities Illinois College 1101 W College Avenue Jacksonville IL 62650 370661211 501(c)(3) 23562 0 Educational Activities Illinois Wesleyan Univeristy 1312 Park Street Bloomington IL 61702 370662594 501(c)(3) 24762 0 Educational Activities Judson University 1151 N State Street Elgin IL 60123 362515868 501(c)(3) 24762 0 Educational Activities Knox College 2 East Sootuh Street Galesburg IL 61401 370673513 501(c)(3) 25762 0 Educational Activities Lewis University One University Parkway Romeoville IL 60446 362167773 501(c)(3) 24762 0 Educational Activities McKendree College 701 College Road Lebanon IL 62254 370661219 501(c)(3) 24762 0 Educational Activities Millikin University 1184 W Main Street Decatur IL 62522 370706154 501(c)(3) 24812 0 Educational Activities Monmouth College 700 East Broadway Monmouth IL 61462 370661228 501(c)(3) 24812 0 Educational Activities North Central College 30 N Brainard Street Naperville IL 60540 362169157 501(c)(3) 24862 0 Educational Activities North Park University 3225 West Foster Avenue Chicago IL 60625 361557840 501(c)(3) 24812 0 Educational Activities Olivet Nazarene University One University Avenue Bourbonnais IL 60194 362191252 501(c)(3) 25512 0 Educational Activities Principia College 1 Maybecck Place Elsah IL 62028 430652667 501(c)(3) 19762 0 Educational Activities Quincy University 1800 College Drive Quincy IL 62301 370661231 501(c)(3) 24812 0 Educational Activities Rockford University 5050 East State Street Rockford IL 61108 362167842 501(c)(3) 25062 0 Educational Activities St Xavier University 3700 W 103rd Street Chicago IL 60655 362177133 501(c)(3) 24762 0 Educational Activities Trinity Christian College 6601 West College Drive Palso Park IL 60463 362387148 501(c)(3) 24762 0 Educational Activities University of St Francis 500 Wilcox Street Joliet IL 60435 362170999 501(c)(3) 24762 0 Educational Activities Part I, Line 2: Associated Colleges of Illinois, Inc. follows strict grantmaking eligibility and distribution guidelines as described in the Organization's bylaws. All grants are documented in the Organization's accounting system. X 800 160698 FMV 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 was reviewed by the Executive Director, accounting consultants, and Board Treasurer. The Form 990 was sent to the Finance Committee and Board of Trustees prior to filing. Form 990, Part VI, Section B, line 12c The Organization requires that each Board Member sign a Conflict of Interest Policy in acknowledgement of receipt and understanding of the policy. The policy is delivered to each Board Member electronically on an annual basis. In addition, at each meeting where voting occurs, the Chair reminds the Members that anyone with a personal interest in proposed resolution refrain from voting. Form 990, Part VI, Section B, line 15 The salary of the Executive Director and other key positions are determined using regional compensation data of comparable positions. The actual amounts are included in the annual budget proposed to the Board. After discussion, the Board formally votes on approval of the proposed budget including all salaries and benefits amounts. Form 990, Part VI, Section C, line 19 Financial statements, governing documents, and the Conflict of Interest Policy are available to the public upon request. Form 990, Part IX, line 11g Consultants: Program service expenses 75,757. Management and general expenses 87,628. Fundraising expenses 4,370. Total expenses 167,755. Form 990, Part XII, Line 2c: The process has not changed from the prior year.