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Nonprofit · EIN 36-2167842

ROCKFORD UNIVERSITY

Tax-exempt · ROCKFORD, IL 61108

Financials

$43.7M$41.3M2022$45.8M$43.9M2023$45.6M$45.9M2024
Revenue Expenses · by fiscal year end
Financials of ROCKFORD UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$45,611,909$45,858,125-$246,216$67,917,334$12,612,905$55,304,429
June 30, 2024990$45,836,998$43,902,307$1,934,691$65,210,087$12,284,328$52,925,759
June 30, 2023990$43,718,754$41,286,522$2,432,232$59,570,964$11,591,560$47,979,404
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,383,483
of which government grants
$143,188
Program service revenue
$40,697,354
Investment income
$966,772
Royalties
$88,371
Net rental income
$175,260
Net gain from sales of assets
$344,087
Net income from fundraising events
$83,533
Other revenue
$564,300

Expenses

Grants and similar amounts paid
$15,817,549
Compensation of officers, directors and key employees
$972,044
Other salaries and wages
$10,829,092
Salaries, compensation and benefits (total)
$14,241,144
Professional fundraising fees
$0
Legal fees
$44,656
Accounting fees
$136,296
Occupancy
$3,310,079
Travel
$335,698
Depreciation
$2,008,948
Program services (functional)
$43,160,526
Management and general (functional)
$1,977,333
Fundraising (functional)
$720,266

Balance sheet and other

Total assets, start of year
$65,210,087
Total assets, end of year
$67,917,334
Total liabilities, end of year
$12,612,905
Net assets, end of year
$55,304,429
Land, buildings and equipment
$24,526,809
Net assets without donor restrictions
$14,813,212
Net assets with donor restrictions
$40,491,217
Gross receipts
$46,490,418
Employees
660
Volunteers
16
Year formed
1942
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PATRICIA LYNOTTPRESIDENT
Trustee or director, Officer
40$299,637$11,574
ELIZABETH DAVIESPROVOST AND VP ACADEMIC AFFAIRS
Officer
40$141,348$31,246
JOHN DIRAIMONDOVP FINANCE AND CFO
Officer
40$116,271$32,991
RANDY WORDENVP STUDENT LIFE & DEAN OF
Officer
40$125,884$15,987
MEGAN FRANKFOTHERVP ENROLLMENT MANAGEMENT
Officer
40$99,143$16,966
LINDA SANDQUSIT FORMERVP ADVANCEMENT (TERM 04/2024)
Officer
40$45,855$8,925
MARCI TAETSCHAIR
Trustee or director, Officer
1$0$0
GREG ALLENVICE CHAIR
Trustee or director, Officer
1$0$0
JEFFRY POTTERSECRETARY
Trustee or director, Officer
1$0$0
AARON POTTERTREASURER
Trustee or director, Officer
1$0$0
KEITH AKRETRUSTEE
Trustee or director
1$0$0
CHARLES BOXTRUSTEE
Trustee or director
1$0$0
CHAD BRIGHAMTRUSTEE
Trustee or director
1$0$0
LESLY COUPERTRUSTEE
Trustee or director
1$0$0
ELIZABETH DONOVANTRUSTEE
Trustee or director
1$0$0
11 more people on this return
NameTitleHours / weekCompensation
REBECCA EPPERSONTRUSTEE
Trustee or director
1$0
ANISHA GRIMMETTTRUSTEE
Trustee or director
1$0
ELIZABETH HEGELTRUSTEE
Trustee or director
1$0
MICHAEL IASPARROTRUSTEE
Trustee or director
1$0
JAMES KEELINGTRUSTEE
Trustee or director
1$0
JOEL MOORETRUSTEE
Trustee or director
1$0
ANTHONY SCANDROLITRUSTEE
Trustee or director
1$0
ELAINE SHARPETRUSTEE
Trustee or director
1$0
KRISTIN SMITHTRUSTEE
Trustee or director
1$0
PATTI TUMILOWICZTRUSTEE
Trustee or director
1$0
FRANK WALTERTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 29 people
NameTitleHours / weekCompensationOther / benefits
PATRICIA LYNOTTPRESIDENT
Trustee or director, Officer
40$277,119$0
RANDY WORDENVP STUDENT LIFE & DEAN OF
Officer
40$111,697$15,876
LINDA SANDQUSITVP ADVANCEMENT (TERM 04/2024)
Officer
40$101,180$24,827
JOHN DIRAIMONDOVP FINANCE AND CFO
Officer
40$94,397$30,229
DEEPSHIKHA SHUKLAPROVOST AND VP ACADEMIC AFFAIRS
Officer
40$78,036$20,999
LISA CUSTARDO FORMERVP FINANCE AND CFO (TERM 05/2023)
Officer
40$69,173$11,172
ELIZABETH DAVIESPROVOST AND VP ACADEMIC AFFAIRS
Officer
40$46,546$6,316
REBECCA EPPERSONCHAIR
Trustee or director, Officer
1$0$0
L THOMAS HEISERVICE CHAIR
Trustee or director, Officer
1$0$0
JEFFRY POTTERSECRETARY
Trustee or director, Officer
1$0$0
GREG ALLENTREASURER
Trustee or director, Officer
1$0$0
AARON POTTERTRUSTEE
Trustee or director
1$0$0
ANISHA GRIMMETTTRUSTEE
Trustee or director
1$0$0
CHAD BRIGHAMTRUSTEE
Trustee or director
1$0$0
CHARLES BOXTRUSTEE
Trustee or director
1$0$0
DR DEBORAH BREITERTRUSTEE
Trustee or director
1$0$0
ELIZABETH DONOVANTRUSTEE
Trustee or director
1$0$0
ELIZABETH HEGELTRUSTEE
Trustee or director
1$0$0
FRANK E WALTERTRUSTEE
Trustee or director
1$0$0
JAMES W KEELINGTRUSTEE
Trustee or director
1$0$0
JOEL MOORETRUSTEE
Trustee or director
1$0$0
KEITH AKRETRUSTEE
Trustee or director
1$0$0
KRISTIN SMITHTRUSTEE
Trustee or director
1$0$0
LESLY COUPERTRUSTEE
Trustee or director
1$0$0
MARCI TAETSTRUSTEE
Trustee or director
1$0$0
MARY ANN LAUDICINATRUSTEE
Trustee or director
1$0$0
NOR ALAMERYTRUSTEE
Trustee or director
1$0$0
PATTI TUMILOWICZTRUSTEE
Trustee or director
1$0$0
TERESA BEACH-SHELOWTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
ERIC W FULCOMERPRESIDENT (TERM. 12/2022)
Trustee or director, Officer
40$330,299$40,286
LISA CUSTARDO VPFINANCE AND CFO (TERM. 05/2023)
Officer
40$154,720$19,727
MICHAEL PERRY PROVOST ANDVP ACADEMIC AFFAIRS (TERM. 05/2023)
Officer
40$135,619$26,227
RANDY WORDEN VPSTUDENT LIFE & DEAN OF STUDENT
Officer
40$126,209$13,400
DEEPSHIKHA SHUKLAPROVOST AND VP ACADEMIC AFFAIRS
Officer
40$88,432$25,690
JOHN DIRAIMONDOVP FINANCE AND CFO
Officer
40$80,251$16,894
LINDA SANDQUSITVP ADVANCEMENT
Officer
40$55,789$15,227
PATRICIA LYNOTTPRESIDENT
Trustee or director, Officer
40$36,955$0
REBECCA EPPERSONCHAIR
Trustee or director, Officer
1$0$0
L THOMAS HEISERVICE CHAIR
Trustee or director, Officer
1$0$0
JEFFRY POTTERSECRETARY
Trustee or director, Officer
1$0$0
GREG ALLENTREASURER
Trustee or director, Officer
1$0$0
AARON POTTERTRUSTEE
Trustee or director
1$0$0
ANISHA GRIMMETTTRUSTEE
Trustee or director
1$0$0
BARBARA TANAGLIATRUSTEE
Trustee or director
1$0$0
CHARLES BOXTRUSTEE
Trustee or director
1$0$0
DAWN GILETRUSTEE
Trustee or director
1$0$0
DR DEBORAH BREITERTRUSTEE
Trustee or director
1$0$0
ELIZABETH DONOVANTRUSTEE
Trustee or director
1$0$0
ELIZABETH HEGELTRUSTEE
Trustee or director
1$0$0
FRANK E WALTERTRUSTEE
Trustee or director
1$0$0
JAMES W KEELINGTRUSTEE
Trustee or director
1$0$0
JOEL MOORETRUSTEE
Trustee or director
1$0$0
KEITH AKRETRUSTEE
Trustee or director
1$0$0
KRISTIN SMITHTRUSTEE
Trustee or director
1$0$0
LESLY COUPERTRUSTEE
Trustee or director
1$0$0
MARCI TAETSTRUSTEE
Trustee or director
1$0$0
NOR ALAMERYTRUSTEE
Trustee or director
1$0$0
PATTI TUMILOWICZTRUSTEE
Trustee or director
1$0$0
TERESA BEACH-SHELOWTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
5050 E STATE ST, ROCKFORD, IL 61108-2311
Principal officer (990 for 2024)
PATRICIA LYNOTT, 5050 E STATE ST, ROCKFORD, IL 61108
Signed the 990
JOHN DIRAIMONDO, CFO
Phone
(815) 226-4000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

TO EDUCATE MEN & WOMEN TO LEAD RESPONSIBLE LIVES BY MEANS OF A CURRICULUM GROUNDED IN LIBERAL ARTS LEARNING AND COMPLEMENTED AND EXTENDED BY PROFESSIONAL AND PRACTICAL EXPERIENCE, THROUGH THE TOTAL ACADEMIC AND CO-CURRICULAR EXPERIENCE, ROCKFORD UNIVERSITY STRIVES TO PREPARE STUDENTS FOR FULFILLING LIVES, CAREERS AND PARTICIPATION IN A MODERN AND CHANGING GLOBAL SOCIETY.

990 for the year ended June 30, 2025

Program accomplishments

  • FOUR YEAR GRADUATE AND UNDERGRADUATE COLLEGE IN ROCKFORD, IL.
    Expenses $30,768,336 · grants $15,817,549 · revenue $38,799,428
  • OPERATIONS AND MAINTENANCE OF PLANT FOR FOUR YEAR GRADUATE AND UNDERGRADUATE UNIVERSITY.
    Expenses $3,111,427
  • AUXILIARY ENTERPRISES (RESIDENCE HALLS AND DINING SERVICES)
    Expenses $1,199,441 · revenue $1,745,479
  • ALL OTHER SERVICES.
    Expenses $8,081,322 · revenue $152,447

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-2167842
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1937
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$67,917,334
Income (IRS master file)
$46,490,418

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$45,611,909$45,858,125$67,917,334IRS
990-TJune 2025–––IRS
990June 2024$45,836,998$43,902,307$65,210,087IRS
990-TJune 2024–––IRS
990June 2023$43,718,754$41,286,522$59,570,964XML
990-TJune 2023–––IRS
990June 2022$42,847,892$42,286,245$55,724,524IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2167842).

Questions about ROCKFORD UNIVERSITY

What is the EIN of ROCKFORD UNIVERSITY?
The employer identification number (EIN) of ROCKFORD UNIVERSITY is 36-2167842.
Is ROCKFORD UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1937.
Are donations to ROCKFORD UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROCKFORD UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROCKFORD UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROCKFORD UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of ROCKFORD UNIVERSITY?
The 990 for the year ended June 30, 2025 names PATRICIA LYNOTT.
Who are the officers and directors of ROCKFORD UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 26 people; 6 received compensation from the organization, the highest $299,637 (PATRICIA LYNOTT, PRESIDENT).
How much revenue does ROCKFORD UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $45,611,909, expenses of $45,858,125 and total assets of $67,917,334 at year end.

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