2025-12-10T17:26:44-06:00 2025-06-30 320043599 LEGACY PROFESSIONALS LLP 4 WESTBROOK CORPORATE CTR STE 700 WESTCHESTER IL 60154 990 2024-07-01 362600769 ASSOCIATED COLLEGES OF THE MIDWEST ASSO 3122635000 515 N STATE STREET 14TH FLOOR CHICAGO IL 60654 LISA JASINSKI PRESIDENT 3122635000 2025-12-10 1 0 CHRISTINE V ERNST P01725863 3123680500 2025-12-10 2024 2025-03-06 01:10:19Z LISA JASINSKI 515 N STATE STREET 14TH FLOOR CHICAGO IL 60654 4333166 0 X ACM.EDU X 1963 IL THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM), A CONSORTIUM OF RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION AND STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES AND PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING, PROMOTE EQUITY AND INCLUSION AND CELEBRATE INDIVIDUAL AND COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY AND PRACTICE, AMPLIFY THE EXPERTISE OF FACULTY, STUDENTS, AND STAFF, AND CULTIVATE AN OPEN ENVIRONMENT FOR INNOVATION AND EXCHANGE. 14 14 8 16 0 0 0 1160000 597419 597776 875342 997205 191726 0 1664487 2754981 845237 663308 0 0 941618 974678 0 0 0 976482 690378 2763337 2328364 -1098850 426617 16798788 18316408 107673 224117 16691115 18092291 X THE ASSOCIATED COLLEGES OF THE MIDWEST (ACM), A CONSORTIUM OF RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION AND STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES AND PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING AND LEARNING, PROMOTE EQUITY AND INCLUSION AND CELEBRATE INDIVIDUAL AND COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY AND PRACTICE, AMPLIFY THE EXPERTISE OF FACULTY, STUDENTS, AND STAFF, AND CULTIVATE AN OPEN ENVIRONMENT FOR INNOVATION AND EXCHANGE. 0 0 15101 597776 ACM OPERATES CONSORTIAL PROGRAMS FOR THE BENEFIT ON THE MEMBER COLLEGES. 1186204 663308 ACM OPERATES FACULTY DEVELOPMENT PROGRAMS PROMOTING EXCELLENCE IN TEACHING AND LEARNING. 415 ACM OPERATED DOMESTIC OFF-CAMPUS STUDY PROGRAMS. ACM NO LONGER RUNS OFF-CAMPUS STUDY PROGRAMS. THESE EXPENSES RELATE TO CLOSING THE FINAL PROGRAM. 1201720 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X CARRIE CONZELMAN 3122635000 515 N STATE STREET 14TH FLOOR CHICAGO IL 60654 SUZANNE RIVERA CHAIR 4.00 X X 0 0 0 JONATHAN BRAND PAST CHAIR 4.00 X X 0 0 0 JENIFER WARD PAST CHAIR - PAST 4.00 X X 0 0 0 ANNE HARRIS VICE CHAIR 4.00 X X 0 0 0 C ANDREW MCGADNEY SECRETARY/TREASURER 4.00 X X 0 0 0 ERIC BOYNTON DIRECTOR 4.00 X 0 0 0 ALISON BYERLY DIRECTOR 4.00 X 0 0 0 DAVID HAYES DIRECTOR 4.00 X 0 0 0 MANYA WHITAKER DIRECTOR 4.00 X 0 0 0 ROBERT KREBS DIRECTOR 4.00 X 0 0 0 LAURIE CARTER DIRECTOR 4.00 X 0 0 0 BRAD CHAMBERLAIN DIRECTOR 4.00 X 0 0 0 PATRICIA DRAVES DIRECTOR 4.00 X 0 0 0 VICTORIA FOLSE DIRECTOR 4.00 X 0 0 0 SUSAN RUNDELL SINGER DIRECTOR 4.00 X 0 0 0 JILL BAREN DIRECTOR - PAST 4.00 X 0 0 0 LISA JASINSKI PRESIDENT 35.00 X 218747 0 38519 SONYA MALUNDA PRESIDENT - PAST 35.00 X 36907 0 4649 BRIAN WILLIAMS VP FOR STRATEGIC INITIATIVES - PAST 35.00 X 147227 0 32065 ELIZABETH HUTULA COO AND VP FOR ADMINISTRATION 35.00 X 127155 0 22878 530036 0 98111 3 0 1 0 0 1160000 1160000 MEMBER COLLEGE ASSESSMENTS 611710 595000 595000 CONSORTIAL PROGRAMS 611710 2776 2776 597776 328390 328390 2247000 1578185 668815 668815 668815 2754981 597776 0 997205 648558 648558 14750 14750 490254 31887 458367 274870 60822 214048 67979 6543 61436 88044 7554 80490 53531 6759 46772 3781 92 3689 21350 21350 53716 25028 28688 10747 97 10650 96496 34335 62161 69175 8447 60728 81681 47334 34347 154147 145960 8187 8629 1054 7575 28156 28156 RETURN OF GRANT FUNDS 162500 162500 2328364 1201720 1126644 0 75230 727247 580000 7902 13542 29186 37813 84775 84775 8629 0 16249589 16957806 404406 23846 0 16798788 18316408 81512 224117 26161 0 107673 224117 X 12410957 13706694 4280158 4385597 16691115 18092291 16798788 18316408 426617 974559 0 X 0 1 X 1 0 X X 14 BELOIT COLLEGE 390808497 2 0 0 0 CARLETON COLLEGE 410694747 2 0 0 0 COE COLLEGE 420686467 2 0 0 0 COLORADO COLLEGE 840402510 2 0 0 0 CORNELL COLLEGE 420680335 2 0 0 0 GRINNELL COLLEGE 420680387 2 0 0 0 KNOX COLLEGE 370673513 2 0 0 0 LAKE FOREST COLLEGE 362167770 2 0 0 0 LAWRENCE UNIVERSITY 390606297 2 0 0 0 LUTHER COLLEGE 420680466 2 0 0 0 MACALESTER COLLEGE 410693962 2 0 0 0 MONMOUTH COLLEGE 370661228 2 0 0 0 RIPON COLLEGE 390826049 2 0 0 0 ST OLAF COLLEGE 410693979 2 0 0 0 14 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN IV AND PART IV, SECTION A, LINE 1: SUPPORTED ORGANIZATIONS ARE CURRENT MEMBERS OF THE CONSORTIUM. SUPPORTED ORGANIZATIONS WERE DESIGNATED IN ACM'S ARTICLES OF ASSOCIATION AND ADDITIONAL SUPPORTED ORGANIZATIONS HAVE BEEN ADDED OVER TIME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13713484 1683065 567011 14829538 12262641 2012492 561649 13713484 11416263 1395232 548854 12262641 13668418 -1708342 543813 11416263 10867787 3269404 468773 13668418 0.80000 0.20000 0 0 10200 10200 0 74575 74575 0 0 X 3729540 974559 974559 2754981 0 2754981 2328364 0 2328364 0 2328364 PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED TO FUND GRANTS BASED ON THE REQUIREMENTS OF EACH GRANT AS WELL AS A SOURCE OF INCOME FOR THE ORGANIZATION. PART X, LINE 2: ACM IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THUS IS GENERALLY NOT SUBJECT TO TAX. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ACM IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE ACM TO EVALUATE TAX POSITIONS TAKEN BY ACM AND RECOGNIZE A TAX LIABILITY IF ACM HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. ACM IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 1 BELOIT COLLEGE 700 COLLEGE ST BELOIT WI 53511 390808497 501(C)(3) 55000 0 N/A N/A FACULTY DEVELOPMENT CARLETON COLLEGE ONE NORTH COLLEGE STREET NORTHFIELD MN 55057 410694747 501(C)(3) 61000 0 N/A N/A FACULTY DEVELOPMENT COE COLLEGE 1220 1ST AVE NE CEDAR RAPIDS IA 52402 420686467 501(C)(3) 11000 0 N/A N/A FACULTY DEVELOPMENT COLORADO COLLEGE 14 E CACHE LA POUDRE ST COLORADO SPRINGS CO 80903 840402510 501(C)(3) 135417 0 N/A N/A FACULTY DEVELOPMENT GRINNELL COLLEGE 1115 8TH AVENUE GRINNELL IA 50112 420680387 501(C)(3) 67000 0 N/A N/A FACULTY DEVELOPMENT LAWRENCE UNIVERSITY 711 EAST BOLDT WAY APPLETON WI 54911 390806297 501(C)(3) 39474 0 N/A N/A FACULTY DEVELOPMENT MACALESTER COLLEGE 1600 GRAND AVE SAINT PAUL MN 55105 410693962 501(C)(3) 130500 0 N/A N/A FACULTY DEVELOPMENT RIPON COLLEGE 300 W SEWARD ST RIPON WI 54971 390826049 501(C)(3) 52000 0 N/A N/A FACULTY DEVELOPMENT ST OLAF COLLEGE 1520 ST OLAF AVE NORTHFIELD MN 55057 410693979 501(C)(3) 94167 0 N/A N/A FACULTY DEVELOPMENT 9 0 FACULTY DEVELOPMENT 4 14750 N/A N/A PART I, LINE 2: FACULTY DEVELOPMENT FUNDS AND STIPENDS ARE AWARDED IN A COMPETITIVE PROCESS WITH FACULTY PROPOSING VARIOUS PROJECTS AND COLLABORATIVE ACTIVITIES. RECIPIENTS REPORT BACK TO VARIOUS AWARDING COMMITTEES THE ACTUAL SPENDING, SENDING DOCUMENTATION WITH RECEIPTS, AND WRITE PROGRESS TOWARDS GOALS AND OBJECTIVES THAT WERE SET UPON AWARD OF THE FUNDS. THESE REPORTS ARE REVIEWED BY THE APPROPRIATE COMMITTEE FOR THE SATISFACTORY PROGRESS TOWARD GOALS AND OBJECTIVES. X 0 0 0 0 0 0 0 0 0 LISA JASINSKI PRESIDENT 218747 0 0 0 0 0 16923 0 21596 0 257266 0 0 0 BRIAN WILLIAMS VP FOR STRATEGIC INITIATIVES - PAST 147227 0 0 0 0 0 15854 0 16211 0 179292 0 0 0 ELIZABETH HUTULA COO AND VP FOR ADMINISTRATION 127155 0 0 0 0 0 13472 0 9406 0 150033 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 990S ARE REVIEWED ANNUALLY BY MANAGEMENT AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTERESTS ARE DISCLOSED ANNUALLY BY STAFF AND THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OR THROUGH GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 CONFLICT OF INTEREST AND GOVERNANCE POLICIES ARE AVAILABLE UPON REQUEST.