Nonprofit · EIN 36-2919340
MORRISON INSTITUTE OF TECHNOLOGY
Tax-exempt · MORRISON, IL 61270
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $2,751,580 | $2,048,086 | $703,494 | $3,898,887 | $1,142,478 | $2,756,409 |
| May 31, 2024 | 990 | $1,815,937 | $1,955,335 | -$139,398 | $3,086,686 | $1,033,771 | $2,052,915 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,310,677
- of which government grants
- $1,100,496
- Program service revenue
- $1,394,307
- Investment income
- $6,425
- Net rental income
- $12,050
- Net income from sales of inventory
- -$7,251
- Other revenue
- $40,171
Expenses
- Grants and similar amounts paid
- $295,998
- Other salaries and wages
- $924,771
- Salaries, compensation and benefits (total)
- $993,951
- Professional fundraising fees
- $0
- Occupancy
- $104,747
- Travel
- $7,329
- Depreciation
- $164,055
- Program services (functional)
- $1,740,310
- Management and general (functional)
- $307,776
Balance sheet and other
- Total assets, start of year
- $3,086,686
- Total assets, end of year
- $3,898,887
- Total liabilities, end of year
- $1,142,478
- Net assets, end of year
- $2,756,409
- Land, buildings and equipment
- $2,973,446
- Net assets without donor restrictions
- $2,756,409
- Gross receipts
- $2,759,296
- Employees
- 16
- Year formed
- 1977
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS SCOTT | SCHOOL PRESI Highest-paid employee | 40 | $123,600 |
| KEN GOOLEY | DIRECTOR Trustee or director | 0.5 | $0 |
| MIKE GUNDERSON | CHAIRMAN Trustee or director | 0.5 | $0 |
| DEANNA HERMES | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVE WEBER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended May 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS SCOTT | SCHOOL PRESI Highest-paid employee | 40 | $123,600 |
| KEN GOOLEY | DIRECTOR Trustee or director | 0.5 | $0 |
| CRAIG GRAY | CHAIRMAN Trustee or director | 0.5 | $0 |
| MIKE GUNDERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| DEANNA HERMES | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVE WEBER | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 701 PORTLAND AVE, MORRISON, IL 61270-2959
- Principal officer (990 for 2024)
- MIKE GUNDERSON
- Signed the 990
- MIKE GUNDERSON, CHAIRMAN
- Phone
- (815) 772-7218
- Website
- WWW.MORRISON.TEC.IL.US/
- Return prepared by
- WINKEL PARKER & FOSTER CPA PC
Mission
TO PROVIDE AN EDUCATION AND RELATED SERVICES TO ALL ENROLLED STUDENTS.
Program accomplishments
- PROVIDE COLLEGE LEVEL ACADEMIC PROGRAMS WITH CORRESPONDING STUDENT SERVICES AND ACTIVITIES.Expenses $1,649,072 · grants $295,998 · revenue $1,217,812
- PROVIDE STUDENT HOUSING TO ALL ON-CAMPUS STUDENTS.Expenses $91,238 · revenue $176,495
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 36-2919340
- 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
- 1978
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B41Z)
- Assets (IRS master file)
- $3,898,887
- Income (IRS master file)
- $2,759,296
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $2,751,580 | $2,048,086 | $3,898,887 | IRS |
| 990 | May 2024 | $1,815,937 | $1,955,335 | $3,086,686 | XML |
| 990 | May 2023 | $1,730,418 | $1,750,291 | $3,238,330 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 36-2919340).
Questions about MORRISON INSTITUTE OF TECHNOLOGY
- What is the EIN of MORRISON INSTITUTE OF TECHNOLOGY?
- The employer identification number (EIN) of MORRISON INSTITUTE OF TECHNOLOGY is 36-2919340.
- Is MORRISON INSTITUTE OF TECHNOLOGY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to MORRISON INSTITUTE OF TECHNOLOGY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MORRISON INSTITUTE OF TECHNOLOGY 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 MORRISON INSTITUTE OF TECHNOLOGY due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORRISON INSTITUTE OF TECHNOLOGY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of MORRISON INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended May 31, 2025 names MIKE GUNDERSON.
- Who are the officers and directors of MORRISON INSTITUTE OF TECHNOLOGY?
- The 990 for the year ended May 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $123,600 (CHRIS SCOTT, SCHOOL PRESI).
- How much revenue does MORRISON INSTITUTE OF TECHNOLOGY have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $2,751,580, expenses of $2,048,086 and total assets of $3,898,887 at year end.
Other nonprofits in MORRISON
- MORRISON SCHOOLS FOUNDATION EIN 27-2862815 · last filed 990 for 2025
- RESTHAVE HOME OF WHITESIDE COUNTY ILLINOIS EIN 36-2464449 · last filed 990 for 2025
- MORRISON COMMUNITY HOSPITAL FOUNDATION EIN 27-0791511 · last filed 990 for 2025
- ADVANTAGE ONE CREDIT UNION EIN 36-2464697 · last filed 990 for 2025
- WHITESIDE COUNTY CENTRAL AGRICULTURAL SOCIETY EIN 36-6109794 · last filed 990 for 2025
- APRIL HOUSE EIN 20-2974762 · last filed 990 for 2025
- COMMUNITY DAY CARE CENTER EIN 36-2754818 · last filed 990 for 2025
- WHITESIDE COUNTY FARM BUREAU EIN 36-1962390 · last filed 990 for 2025