2026-03-18T15:31:13+00:00 2025-06-30 440160260 Forvis Mazars LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2024-07-01 362169157 North Central College NORT 6306375680 30 N BRAINARD STREET NAPERVILLE IL 60540 Maryellen Skerik Vice President for Finance 6306375678 2026-03-18 true Lauren Denton P01571860 6302829500 2026-05-15 2024 2025-03-06 01:10:19Z Dr Abidn Gk-Pariol 30 N BRAINARD STREET NAPERVILLE IL 60540 182961489 false X WWW.NORTHCENTRALCOLLEGE.EDU X 1861 IL NORTH CENTRAL COLLEGE PREPARES STUDENTS TO BECOME CURIOUS, ENGAGED, ETHICAL, AND PURPOSEFUL CITIZENS AND LEADERS IN LOCAL, NATIONAL AND GLOBAL CONTEXTS. 35 34 1601 100 454237 0 17825830 7823143 133487500 143061085 8224524 7318321 2183926 1917438 161721780 160119987 63172206 68208109 0 50501695 50879709 0 1641551 39768562 39770876 153442463 158858694 8279317 1261293 373712122 377229202 88472623 83809355 285239499 293419847 NORTH CENTRAL COLLEGE PREPARES STUDENTS TO BECOME CURIOUS, ENGAGED, ETHICAL, AND PURPOSEFUL CITIZENS AND LEADERS IN LOCAL, NATIONAL AND GLOBAL CONTEXTS. THE COLLEGE SERVES APPROXIMATELY 3,000 FULLTIME AND PART-TIME STUDENTS. ABOUT 1,250 STUDENTS RESIDE ON THE COLLEGE CAMPUS EACH SEMESTER. false false 115080554 68208109 125093585 INSTRUCTION, ACADEMIC SUPPORT, ACADEMIC ADVISING & FINANCIAL AID, FACULTY INSTRUCTION FOR DEGREE CANDIDATES, AND MASTER'S DEGREE PROGRAMS ARE PROVIDED. 87% OF THE FULL-TIME TEACHING FACULTY MEMBERS HAVE A DOCTORATE OR TERMINAL DEGREE. PROVOST, LIBRARY SERVICES, DISABILITIES SUPPORT SERVICES, TUTORING ASSISTANCE, AND ACADEMIC COMPUTING ARE INCLUDED IN ACADEMIC SUPPORT. 17400367 662719 STUDENT SERVICES AND ATHLETICS INCLUDE ADMISSIONS, INTERNATIONAL RECRUITING, FINANCIAL AID ADMINISTRATION EXPENSES, REGISTRAR, DEAN OF STUDENTS, MINISTRY AND SERVICE, CAREER DEVELOPMENT, THE WELLNESS CENTER, STUDENT INVOLVEMENT, ORIENTATION, AND ATHLETIC ACTIVITIES. NCC MAINTAINS 24 NCAA DIVISION III PROGRAMS (12 MALE AND 12 FEMALE VARSITY SPORTS). 15782010 17304781 AUXILIARY SERVICES INCLUDE RESIDENCE LIFE, STUDENT HOUSING, AND FOOD SERVICES. FACILITIES INCLUDE A FULL-SERVICE DINING HALL AND RETAIL FOOD OPTIONS. THE COLLEGE STORE AND STUDENT GATHERING SPACES. APPROXIMATELY 1,250 OF THE FULL-TIME STUDENTS RESIDE IN COLLEGE-OWNED PROPERTIES. 100% OF RESIDENT STUDENTS ARE REQUIRED TO PURCHASE A MEAL PLAN. 148262931 true true false false false false false true false true true true false false true true true false true false true false false false false false false false true true true false false false false false false false true true true true false false false false true false false false false true 4128 0 true 1601 true true true false false false false true true false false false false false false X 35 34 true false false false false false false true true false false false true true true true true true true true false false IL X MARYELLEN J SKERIK 6306375678 30 N BRAINARD STREET NAPERVILLE IL 60540 Abiodun Goke-Pariola President 60.0 X X 292305 0 54694 Andrea Beck Vice Chair, Business Affairs Committee 1.0 X X 0 0 0 Anita Thomas President (Until 7/30/2024) 60.0 X X 956109 0 22049 Erin Bishop Vice Chair, Student Affairs & Athletics Committee 1.0 X X 0 0 0 John Kaltenmark Vice Chair, Insitutional Advancement Committee 1.0 X X 0 0 0 Joseph Mallon Chair, Audit Committee 1.0 X X 0 0 0 Kevin Gensler Board Secretary 1.0 X X 0 0 0 Maureen Ryan Vice Chair, Academic Affairs Committee 1.0 X X 0 0 0 Mike Naset Chair of the Board 1.0 X X 0 0 0 Ali Setork Board Member 1.0 X 0 0 0 Bishop Daniel Schwerin Board Member 1.0 X 0 0 0 Connor McGury Board Member 1.0 X 0 0 0 Dave Kelsch Board Member 1.0 X 0 0 0 Donald Sharp Board Member 1.0 X 0 0 0 Gerald McCadd Board Member 1.0 X 0 0 0 InSun Ho Board Member 1.0 X 0 0 0 Jeff Swallow Board Member 1.0 X 0 0 0 Jon DeSouza Board Member 1.0 X 0 0 0 Kam Kniss Board Member 1.0 X 0 0 0 Kathy Birkett Board Member 1.0 X 0 0 0 Kathy Guthrie Board Member 1.0 X 0 0 0 Kris Hartner Board Member 1.0 X 0 0 0 Lee Woolley Board Member 1.0 X 0 0 0 Mark Wright Board Member 1.0 X 0 0 0 Matt Brill Board Member 1.0 X 0 0 0 Michael Allara Board Member 1.0 X 0 0 0 Nancy Hanson Board Member 1.0 X 0 0 0 Raymond Kinney Board Member 1.0 X 0 0 0 Rowena Felix-Salas Board Member 1.0 X 0 0 0 Sanjeeb Khatua Board Member 1.0 X 0 0 0 Scott Wehrli Board Member 1.0 X 0 0 0 Steve Rubin Board Member 1.0 X 0 0 0 Steve Sellers Board Member 1.0 X 0 0 0 Tom Miers Board Member 1.0 X 0 0 0 Tom Paleka Board Member 1.0 X 0 0 0 Tracie Morris Board Member 1.0 X 0 0 0 Adrian Aldrich Vice President for Institutional Advancement (Until 11/15/2024) 60.0 X 276826 0 39549 Agnieszka Hanni Vice President for Enrollment Management and Marketing 60.0 X 205904 0 38765 James Godo Vice President for Communication and Strategic Initiatives 60.0 X 176380 0 18845 Jessica Brown Vice President for Student Affairs and Athletics (Until 11/15/2024) 60.0 X 295235 0 13116 Kristin Geraty Provost and Vice President for Academic Affairs 60.0 X 169493 0 22671 Maryellen Skerik Vice President for Finance 60.0 X 210673 0 30799 Matthew Burden Vice President for Information and Technology 60.0 X 184662 0 47225 Michael Hudson Vice President for Operations 60.0 X 179585 0 49367 Frank Harwath Professor of Engineering, Director of Engineering Program 60.0 X 142975 0 28734 Mary Groll Dean of the School of Education and Health Sciences, Chair Medical Sciences 60.0 X 160076 0 33508 Sara Scholtes Professor and Chair, Department of Physical Therapy 60.0 X 155966 0 17260 Stephen Caliendo Dean of the College of Arts and Sciences 60.0 X 131070 0 44334 Thomas Cavenagh Professor/Director of Leadership Ethics & Value 60.0 X 150336 0 17124 3687595 0 478040 89 true true false Bulley rews LLC 1755 W Armitage Ave Chicago IL 60622 CONSTRUCTION SERVICES 6291718 Parkhurst Dining Service 285 East Waterfront Drive Homestead PA 15120 FOOD SERVICES AND HOSPITALITY 5910484 Diverse Facility Solutions Inc 12838 S Cicero Ave Alsip IL 60803 CLEANING SERVICES 1686080 Dukane Precast Inc 1805 High Grove Lane Naperville IL 60540 CONSTRUCTION SERVICES 577381 Huron Consulting Group Inc 550 W Van Buren St 1700 Chicago IL 60607 CONSTRUCTION SERVICES 467232 29 707934 7115209 1123911 7823143 TUITION (INCLUDING FINANCIAL AID) 611600 124486519 124486519 STUDENT HOUSING/AUXILIARY ENTERPRISES 721310 17304781 17304781 STUDENT FEES 611600 356359 356359 OTHER INSTRUCTION 611600 331808 331808 OTHER ATHLETIC,ACADEMIC, AND ADMIN 611600 306360 306360 275258 275258 0 0 143061085 3018411 -22986 3041397 1642823 345436 1297387 0 1297387 477223 820164 26795976 0 21891324 604742 4904652 -604742 4299910 4299910 PARKING FINES/FEES 812930 342705 342705 ALL OTHER INCOME 900099 196346 196346 THEATRE GATE RECEIPTS 711130 61379 61379 19621 0 0 19621 620051 160119987 143061085 454237 8781522 68208109 68208109 2981737 1433681 1069381 478675 109453 109453 37942800 35509216 1894976 538608 2723345 2521843 143267 58235 4285864 2719908 1517720 48236 2836510 2610112 160103 66295 99927 35309 46620 17998 81911 16382 65529 414167 414167 2908439 2321547 523044 63848 881536 673745 165798 41993 694043 690322 -14250 17971 1992523 1111183 879067 2273 6273 6273 9947946 8985878 906397 55671 1731918 1693477 16795 21646 280897 268379 10950 1568 2440601 2300023 140578 8983585 8466132 517453 268749 268749 FOOD SERVICE 5079032 5079032 DUES & SUBSCRIPTIONS 1293937 1123965 83525 86447 HOSPITALITY 1147563 927569 113323 106671 EQUIPMENT RENTAL & MAINTANANCE 691831 547868 109573 34390 825998 634776 190196 1026 158858694 148262931 8954212 1641551 15652393 21070448 1480870 933567 1644328 1775459 0 0 0 0 4283456 3715203 6267329 2492422 326186581 131051238 202527699 195135343 109122380 116575685 31345384 35348110 0 1388283 182965 373712122 377229202 6080431 3821520 2226957 2445808 79157289 76677207 0 0 1007946 864820 88472623 83809355 183492343 182408919 101747156 111010928 285239499 293419847 373712122 377229202 X 1261293 7828023 0 0 0 -908968 X false true true true true X 12047234 13966943 11066766 17825830 7823143 62729916 0 0 12047234 13966943 11066766 17825830 7823143 62729916 6287592 56442324 2008049 2503016 4053063 4929616 4661234 18154978 0 0 0 0 0 0 304940 568105 955738 877505 620051 3326339 84211233 655220372 0.67025 0.67933 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - THEATRE GATE RECEIPTS, COLUMN A - 47377.0, COLUMN B - 200091.0, COLUMN C - 320549.0, COLUMN D - 319742.0, COLUMN E - 61379.0, COLUMN F - 949138.0; DESCRIPTION - PARKING FINES/FEES, COLUMN A - 214270.0, COLUMN B - 271948.0, COLUMN C - 284134.0, COLUMN D - 267666.0, COLUMN E - 342705.0, COLUMN F - 1380723.0; DESCRIPTION - ATHLETIC GATE RECEIPTS, COLUMN A - 0.0, COLUMN B - 34017.0, COLUMN C - 47451.0, COLUMN D - 19798.0, COLUMN E - 19621.0, COLUMN F - 120887.0; DESCRIPTION - OTHER, COLUMN A - 43293.0, COLUMN B - 62049.0, COLUMN C - 303604.0, COLUMN D - 270299.0, COLUMN E - 196346.0, COLUMN F - 875591.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 139739937 1728652 15500829 1696555 3481585 -1366419 153157697 127696747 2694755 15265651 1864188 4179186 -126158 139739937 119133580 3687322 11658032 1952549 4648990 180648 127696747 144883225 992723 -20000890 1938692 4381204 421582 119133580 112843418 3361565 33903421 1508840 3448591 267748 144883225 0.39 0.37 0.24 true false 8229544 8229544 284784100 100993254 183790846 32867378 30057984 2809394 305559 305559 195135343 Closely-held equity interests Financial derivatives Hedge Funds 19814135 F RE Fund 2233173 F Private Equity 11773627 F Charitable Remainder Trust 198165 F Perpetual Trust 1329010 F 35348110 Federal Income Taxes SPLIT INTEREST AGREEMENTS 645099 REFUNDABLE LOAN 74367 OTHER LONG-TERM LIABILITY 145354 864820 99176369 7828023 -69117077 -61289054 160465423 -345436 -345436 160119987 90996021 345436 345436 90650585 68208109 68208109 158858694 Schedule D, Part III, Line 4 COLLECTIONS OF ART - DESCRIPTION OF COLLECTIONS THE NORTH CENTRAL COLLEGE ARCHIVES CONSISTS OF MANUSCRIPTS, PUBLICATIONS, PHOTOTGRAPHS, AUDIO-VISUAL MATERIALS, ARTIFACTS AND OTHJER UNIQUE HISTORICAL MATERIALS. THE ARCHIVES HAS FOUR MAIN COLLECTIONS: THE NORTH CENTRAL COLLEGE ARCHIVES, 1861-PRESENT, THE SHIMER COLLEGE ARCHIVERS, 1868-2017, THE HARRIS W FARWELL CONGRESSIONAL PAPAERS, AND THE SUBURBAN STAUDENT ARCHIVES. Schedule D, Part V, Line 4 INTENDED USES OF ENDOWMENT FUNDS THE INTENDED USED OF ENDOWMENT FUNDS - EARNINGS FROM ENDOWMENT FUNDS ARE USED FOR PURPOSES SPECIFICED BY DONORS, INCLUDING: SCHOLARSHIPS, FACULTY SALARIES AND ACEDEMIC PROGRAMS, AND GENERAL OPERATIONS OF THE COLLEGE. Schedule D, Part X, Line 2 FIN 48 (ASC 740) FOOTNOTE THE FASB ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTIN TAX POSITIONS TO BE RECEOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSTION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSTIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISIONS FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS AS THE COLLEGE'S UNRELATED BUISNESS INCOME WAS OFFSET BY THE EXPENSES DIRECTLY CONNECTED WITH THE CONDUCT OF THE ACTIVITY CREATING A NET OPERATING LOSS. THERE ARE NOT INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR STATEMENTS OF FINANCIAL POSITION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SCHOLARSHIPS INCLUDED IN NET TUITION AND FEES - -68208109 CHANGE IN FV OF INT RATE SWAP - -1205319 CHANGE IN VALUE OF SPLIT-INT AGREEMENT - 306994 OTHER LOSSES - -10643 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements SCHEDULE D, PART XI, LINE 4(B) - OTHER REVENUE RENTAL EXPENSE - -345436 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SCHEDULE D, PART XI, LINE 4(B) - OTHER REVENUE RENTAL EXPENSE - 345436 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements SCHOLARSHIPS INCLUDED IN NET TUITION AND FEES - 68208109 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTAL AGENCY NORTH CENTRAL COLLEGE APPLIES FOR AND RECEIVES EDUCATIONAL GRANTS, AS APPROVED ON A CASE-BY-CSE BASIS, FROM FEDERAL AND STATE AGENCIES. THE COLLEGE ALSO PARTICIPATES ANNUALLY IN FEDERAL & STATE FINAICIAL PROGRAMS, SPECIFICALLY PELL, SEOG, FEDERAL WORK STUDY, FEDERAL DIRECT LOANS, AND VARIOUS OTHER STATE OF ILLINOIS GRANT PROGRAMS FOR QUALIFIED STUDENTS. THE FEDERAL GRANTS AND LOANS ARE REPORTED IN THE COLLEGE'S A-133 SINGLE AUDIT. Schedule E, Part I, Line 3 Nondiscrimination Policy THE COLLEGE POSTS ITS POLICY ON ITS WEBSITE AND DISTRIBUTES IT ANNUALLY. NORTH CENTRAL COLLEGE IS COMMITTED TO MAINTAINING A POSITIVE LEARNING, WORKING, SOCIAL AND RESIDENTIAL ENVIRONMENT. IN PURSUIT OF THESE GOALS AND TO ENSURE COMPLIANCE WITH LOCAL, STATE AND FEDERAL CIVIL RIGHTS LAWS AND REGULATIONS, THE COLLEGE WILL NOT TOLERATE ACTS OF DISCRIMINATION, HARASSMENT, SEXUAL MISCONDUCT AND RETALIATION AS SUCH BEHAVIOR SERIOUSLY UNDERMINES THE COLLEGE'S EFFECTIVENESS AS AN EDUCATIONAL INSTITUTION AND A WORKPLACE AND VALUES OF EQUITY, DIVERSITY, AND INCLUSION. Europe (Including Iceland and Greenland) 0 3 Program Services STUDY ABROAD 63865 East Asia and the Pacific 0 0 ,Program Services STUDY ABROAD 31659 Central America and the Caribbean 0 0 Investments 20572247 Middle East and North Africa 0 0 Program Services RECRUITING 187 North America (Canada & Mexico only) 0 0 Program Services RECRUITING 1132 0 3 0 0 0 3 20669090 0 20669090 true false true false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual true ACADEMIC SCHOLARSHIPS & GRANTS 2620 68208109 Schedule I, Part III, Column (b) ESTIMATED NUMBER OF RECEPIENTS ACADEMIC SCHOLARSHIPS & GRANTS ACADEMIC SCHOLARSHIPS & GRANTS NUMBER OF RECIPIENTS IS ACTUAL Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds THE COLLEGE PROVIDES SCHOLARSHIPS TO STUDENTS MATRICULATING AT THE COLLEGE, ALL FUNDS ISSUED TO STUDENTS ARE REQUIRED TO DEFRAY THE COST OF TUITION AND NO STUDENT MAY USE THE FUNDS FOR OTHER THAN EDUCATIONAL PURPOSES. SINCE THE STUDENTS HAVE NO DISCRETION IN THE USE OF THE FUNDS, THE COLLEGE DOES NOT NEED TO MONITOR THE GRANTS ONCE ISSUED. X X X true true X X X X true false false false false false false true false Abiodun Goke-Pariola President 283796 0 0 0 8509 0 28075 0 26619 0 346999 0 0 0 Anita Thomas President (Until 7/30/2024) 235263 0 0 0 720846 0 14135 0 7914 0 978158 0 0 0 Adrian Aldrich Vice President for Institutional Advancement (Until 11/15/2024) 163879 0 0 0 112947 0 18373 0 21176 0 316375 0 0 0 Jessica Brown Vice President for Student Affairs and Athletics (Until 11/15/2024) 156169 0 0 0 139066 0 7082 0 6034 0 308351 0 0 0 Matthew Burden Vice President for Information and Technology 182896 0 0 0 1766 0 20682 0 26543 0 231887 0 0 0 Kristin Geraty Provost and Vice President for Academic Affairs 169081 0 0 0 412 0 17158 0 5513 0 192164 0 0 0 James Godo Vice President for Communication and Strategic Initiatives 175936 0 0 0 444 0 18401 0 444 0 195225 0 0 0 Agnieszka Hanni Vice President for Enrollment Management and Marketing 205022 0 0 0 882 0 13080 0 25685 0 244669 0 0 0 Michael Hudson Vice President for Operations 178418 0 0 0 1167 0 20528 0 28839 0 228952 0 0 0 Maryellen Skerik Vice President for Finance 205048 0 0 0 5625 0 19996 0 10803 0 241472 0 0 0 Stephen Caliendo Dean of the College of Arts and Sciences 130225 0 0 0 845 0 15527 0 28807 0 175404 0 0 0 Thomas Cavenagh Professor/Director of Leadership Ethics & Value 149956 0 0 0 380 0 15744 0 1380 0 167460 0 0 0 Mary Groll Dean of the School of Education and Health Sciences, Chair Medical Sciences 139241 0 0 0 20835 0 10232 0 23276 0 193584 0 0 0 Frank Harwath Professor of Engineering, Director of Engineering Program 139981 0 0 0 2994 0 13968 0 14766 0 171709 0 0 0 Sara Scholtes Professor and Chair, Department of Physical Therapy 155228 0 0 0 738 0 9490 0 7770 0 173226 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment Anita Thomas left 7/30/2024 and received severance of $718,750. Jessica Brown left 11/15/2024 and received severance of $133,722. Adrian Aldrich left 11/15/2024 and received severance of $112,168. Schedule J, Part I, Line 1a TAX IMDEMIFICATION AND GROSS-UP PAYMENTS TAX GROSS-UPS WERE PAID TO VARIOUS INDIVIDUALS DURING THE YEAR. THE FAIR VALUE WAS INCLUDED IN THEIR ANNUAL TAXABLE INCOME. Schedule J, Part I, Line 1a HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE THE PRESIDENT OF THE COLLEGE IS THE ONLY EMPLOYEE WHO RECEIVED A HOUSING BENEFIT. HOUSING IS REQUIRED AS A CONDITION OF EMPLOYMENT AND IS THEREFORE NOT TAXABLE COMPENSATION. THE PRESIDENT'S CONTRACT STIPULATED THE COLLEGE SHALL PAY ALL UTILITIES, REAL ESTATE TAXES, INSURNACE AND EXPENSE FOR MAINTENANCE AND UPKEEP FOR THE PRESIDENTIAL RESIDENCE AS THE RESIDENCE IS REGULARLLY USED FOR COLLEGE BUSINESS. THE COLLEGE HAS DETERMINED THE VALUE OF THE USE IS NOT CONSIDERED TAXABLE INCOME. Schedule J, Part I, Line 1a PERSONAL SERVICES CLEANING SERVICES: AN OUTSIDE SERVICE IS USED AS NEEDED TO PROVIDE CLEANING SERVICES NECESSARY FOR THE FUNCTION OF THE PRESIDENT'S HOUSE. THE PAYMENT FOR SUCH ITEMS ARE TAXABLE TO THE PRESIDENT FOR THE PERSONAL SPACES OF THE HOUSE. Schedule J, Part I, Line 7 NON-FIXED PAYMENTS ALL BONUSES ARE DISCRETIONARY AND NOT A FIXED AMOUNT OR PERCENTAGE OF COMPENSATION. THE PRESIDENT'S BONUS IS APPROVED BY THE NCC COMPENSATION COMMITTEE. A ILLINOIS FINANCE AUTHORITY 861091967 000000000 2020-05-28 21524000 SEE STATEMENT false false false B ILLINOIS FINANCE AUTHORITY 861091967 000000000 2024-10-01 33953000 SEE STATEMENT false false false C ILLINOIS FINANCE AUTHORITY 861091967 000000000 2024-10-01 24580000 SEE STATEMENT false false false A 2685000 0 21524000 0 749462 0 274538 0 0 20500000 0 0 2020 false false true true B 0 0 33953000 0 0 0 203325 0 0 0 33749675 0 2024 true false true true C 0 0 24580000 0 0 0 406000 0 0 0 24174000 0 2024 true false true true A false false false false false false 0.0 0.0 0.0 false false 0 false true B false false true true false false 0.0483 0.0 0.0483 false false 0 false true C false false true true false false 0.0 0.0 0.0 false false 0 false true A false true false false true false 0 false false false 0 false false true B false false false true true true BANK OF MONTREAL 3.0 false false false 0 false false true C false false false true true true JP MORGAN CHASE BANK 3.0 false false false 0 false false true A true B true C true Schedule K, Part I, Column (f) DESCRIPTION OF PURPOSE - SERIES 2014B THE BONDS WERE ISSUED TO REFUND THE 1999 BONDS, $10,000,000, AND TO FINANCE THE PLANNING, DESIGN, ACQUISITION, CONSTRUCTION, FURNISHING AND EQUIPPING OF A NEW RESIDENCE HALL, $22,000,000. Schedule K, Part I, Column (f) DESCRIPTION OF PURPOSE - SERIES 2015 THE BONDS WERE ISSUED TO FINANCE OR REIMBURSE THE COLLEGE FOR THE COSTS OF THE PLANNING, DESIGN, ACQUISITION, CONSTRUCTION, FURNISHING AND EQUIPPING OF A SCIENCE CENTER. Schedule K, Part I, Column (f) DESCRIPTION OF PURPOSE - SERIES 2020 THE BONDS WERE ISSUED TO FINANCE OR REIMBURSE THE COLLEGE FOR THE COSTS OF THE PLANNING, DESIGN, ACQUISITION, CONSTRUCTION, FURNISHING AND EQUIPPING OF A HEALTH SCIENCE CENTER. Schedule K, Part I, Column (f) DESCRIPTION OF PURPOSE - SERIES 2024 THE BONDS WERE ISSUED TO REFUND 2014 B BONDS. Schedule K, Part V DIFFERENT PROCEEDURES TO UNDERTAKE CORRECTIVE ACTION ISSUER NAME: ILLINOIS FINANCE AUTHORITY N/A Schedule K, Part V DIFFERENT PROCEEDURES TO UNDERTAKE CORRECTIVE ACTION ISSUER NAME: ILLINOIS FINANCE AUTHORITY N/A Schedule K, Part V DIFFERENT PROCEEDURES TO UNDERTAKE CORRECTIVE ACTION ISSUER NAME: ILLINOIS FINANCE AUTHORITY N/A Schedule K, Part V DIFFERENT PROCEEDURES TO UNDERTAKE CORRECTIVE ACTION ISSUER NAME: ILLINOIS FINANCE AUTHORITY N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: ILLINOIS FINANCE AUTHORITY N/A Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: ILLINOIS FINANCE AUTHORITY NA Schedule K, Part IV, Line 2c COLUMN B Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 12/04/2019 Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: ILLINOIS FINANCE AUTHORITY NA Schedule K, Part IV, Line 2c COLUMN C Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 12/04/2019 ADVANCED DATA TECHNOLOGIES INC DAVID KELSCH, BOARD MEMBER, IS ALSO THE PRESIDENT AND CEO OF ADVANCED DATA TECHNOLOGIES INC. 231503 TECHNOLOGY false LEILA AZARBAD DAUGHTER OF CURRENT TRUSTEE 104413 EMPLOYMENT false DIVERSE FACILITY SOLUTIONS INC MARK WRIGHT, BOARD MEMBER, IS ALSO PRESIDENT/CEO OF DIVERSE FACILITY SOLUTIONS INC. 1479858 FACILITY JANITORIAL SERVICES false 40257 1123911 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - SECURITIES, PUBLICLY TRADED, NUMBER OF SHARES RECEIVED Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL TRANSACT SUCH BUSINESS AS MAY BE REFERRED TO IT BY THE BOARD, AND ANY OTHER BUSINESS WHICH THE INTERESTS OF THE COLLEGE MAY REQUIRE DURING THE INTERVALS BETWEEN REGULARLY SCHEDULED BOARD MEETINGS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons KRIS HARTNER AND DAVID KELSCH - Business relationship, KEVIN GENSLER, RAY KINNEY, AND SCOTT WEHRLI - Business relationship Form 990, Part VI, Line 11b Review of form 990 by governing body A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING THE RETURN WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy EACH TRUSTEE COMPLETES AND SIGNS A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY, AND THEY ARE REQUIRED TO ACKNOWLEDGE ANY CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST, BASED ON THE POLICY ADOPTED BY THE BOARD OF TRUSTEES. A TRUSTEE MUST ALSO MAKE CHANGES O THEIR DISCLOSURE FORM IF THEIR SITUATION CHANGES OR CONFLICTS OF INTEREST OR POTENTIAL CONFLICTS OF INTEREST ARISE THROUGHOUT THE YEAR. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION COMMITTEE (A SUB-COMMITTEE OF THE BOARD) IS RESPONSIBLE FOR DETERMINING THE PRESIDENT'S SALARY AND REVIEWING THE VICE PRESIDENT'S SALARIES. THE COMPENSATION COMMITTEE WORKS WITH HUMAN RESOURCES (AND POSSIBLY OUTSIDE CONSULTANTS) TO OBTAIN COMPARABLE SALARY/BENEFIT DATA FROM ORGANIZATIONS SUCH AS THE COLLEGE AND UNIVERSITY PERSONNEL ASSOCIATION (CUPA). THE COMPENSATION COMMITTEE CONSISTS OF THE CHAIR OF THE BOARD AND TWO ACTIVE TRUSTEES WHO ARE NOT RELATED TO THE PRESIDENT OR VICE PRESIDENTS AND DO NOT PERFORM MANAGEMENTDIRECTED SERVICES TO THE COLLEGE. THE COLLEGE HAS AN ANNUAL REVIEW OF THEIR COMPENSATION PROCESS. ANNUALLY, EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION COMMITTEE'S RECOMMENDATIONS AND APPROVES THE PRESIDENT'S COMPENSATION. THE VICE PRESIDENT'S COMPENSATION IS BENCHMARKED BASED ON JOB RESPONSIBILITIES. CONTEMPORANEOUS DOCUMENTATION IS MAINTAINED FOR ALL COMPENSATION DECISIONS. Form 990, Part VI, Line 15b Process to establish compensation of other employees SEE NARRATIVE FOR LINE 15A Form 990, Part VI, Line 19 Required documents available to the public THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND PUBLIC DISCLOSURE COPIES OF THE 990 AND 990T ARE AVAILABLE TO THE PUBLIC AT NORTH CENTRAL COLLEGE'S WEBSITE WWW.NOCTRL.EDU. Form 990, Part VIII, Line 2f Other Program Service Revenue Non-specific : Private Lessons - Total Revenue: 248115, Related or Exempt Function Revenue: 248115, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Midwest College Chinese Speech : Other Income - Total Revenue: 17900, Related or Exempt Function Revenue: 17900, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; WONC : Other Income - Total Revenue: 7920, Related or Exempt Function Revenue: 7920, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Project LEAD : Other Income - Total Revenue: 400, Related or Exempt Function Revenue: 400, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Newman Catholic Campus Ministry Other Income - Total Revenue: 344, Related or Exempt Function Revenue: 344, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Athletic Department : Other Income - Total Revenue: 380, Related or Exempt Function Revenue: 380, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Coffee Lab Other income - Total Revenue: 100, Related or Exempt Function Revenue: 100, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Kinesiology Other Income - Total Revenue: 99, Related or Exempt Function Revenue: 99, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ATHLETIC GATE RECEIPTS - Total Revenue: 19621, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 19621; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT - -1205319; CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT - 306994; OTHER TRANSFERS - -10643; Total - -908968; FORM 990, PART VI, SECTION A, LINE 8B GOVERNING BODY AND MANAGEMENT THE EXECUTIVE COMMITTEE SHALL TRANSACT SUCH BUSINESS AS MAY BE REFERRED TO IT BY THE BOARD, AND ANY OTHER BUSINESS WHICH THE INTERESTS OF THE COLLEGE MAY REQUIRE DURING THE INTERVALS BETWEEN REGULARLY SCHEDULED BOARD MEETINGS. Form 990, PART III, LINE 1 ORGANIZATION'S MISSION NORTH CENTRAL COLLEGE PREPARES STUDENTS TO BECOME CURIOUS, ENGAGED, ETHICAL, AND PURPOSEFUL CITIZENS AND LEADERS IN LOCAL, NATIONAL AND GLOBAL CONTEXTS. THE COLLEGE SERVES APPROXIMATELY 3,000 FULLTIME AND PART-TIME STUDENTS. ABOUT 1,100 STUDENTS RESIDE ON THE COLLEGE CAMPUS EACH SEMESTER. SCHEDULE F, PART I, LINE 3 METHOD USED TO ACCOUNT FOR EXPENDITURES ON ORG'S FINANCIAL STATEMENTS EAST ASIA AND PACIFIC - ACCRUAL EUROPE - ACCRUAL SOUTH ASIA - ACCRUAL CENTRAL AMERICA AND THE CARIBBEAN - ACCRUAL CHARITABLE REMAINDER TRUSTS (7) CO NORTH CENTRAL COLLEGE 30 N BRAINARD ST NAPERVILLE IL 60540 INVESTMENT IL 0 Trust 0 0 0 false false false false false false false false false false false false false false false false false false false false Schedule R, Part IV PART IV IDENTIFICATION OF RALATED ORGANIZATIONS TAXABLE AS A TRUST CHARTIBLE REMAINER TRUST C/O NORTH CENTRAL COLLEGE, 30 N. BRAINARD ST. NAPERVILLE, IL 60540