Skip to main content

Nonprofit · EIN 37-0661211

ILLINOIS COLLEGE

Tax-exempt · JACKSONVILLE, IL 62650

Financials

$51.3M$60M2022$59.1M$64.8M2023$56.5M$65.5M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$56,465,525$65,474,299-$9,008,774$206,402,063$41,584,043$164,818,020
May 31, 2024990$59,107,728$64,797,094-$5,689,366$215,802,956$43,789,631$172,013,325
May 31, 2023990$51,317,541$60,021,916-$8,704,375$219,606,348$45,453,161$174,153,187
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$7,475,713
of which government grants
$3,907,783
Program service revenue
$39,699,246
Investment income
$8,289,441
Net gain from sales of assets
$5,398,566
Net income from fundraising events
$6,312
Other revenue
$1,001,125

Expenses

Grants and similar amounts paid
$19,963,296
Compensation of officers, directors and key employees
$1,139,815
Other salaries and wages
$16,416,345
Salaries, compensation and benefits (total)
$22,863,989
Professional fundraising fees
$108,300
Legal fees
$46,330
Accounting fees
$71,470
Occupancy
$3,316,895
Travel
$1,198,868
Depreciation
$4,453,582
Program services (functional)
$58,828,051
Management and general (functional)
$4,548,641
Fundraising (functional)
$2,097,607

Balance sheet and other

Total assets, start of year
$215,802,956
Total assets, end of year
$206,402,063
Total liabilities, end of year
$41,584,043
Net assets, end of year
$164,818,020
Land, buildings and equipment
$58,846,497
Publicly traded securities
$98,583,070
Net assets without donor restrictions
$56,529,874
Net assets with donor restrictions
$108,288,146
Gross unrelated business income
$60,044
Gross receipts
$222,994,765
Employees
773
Volunteers
15
Year formed
1835
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.

NameTitleHours / weekCompensationOther / benefits
BARBARA FARLEYPRESIDENT
Officer
50$400,588$49,170
CATHARINE O'CONNELLPROVOST/DEAN OF COLLEGE
Officer
50$213,720$45,196
STEPHANIE CHIPMANVP OF EXTERNAL RELATIONS
Officer
50$175,244$34,269
KENT SILTMANVP OF BUSINESS/CFO
Officer
50$168,626$36,328
MELISSA DYSONASSOCIATE VP OF FINANCE &
Highest-paid employee
50$114,171$32,120
LAUREN HAYSDIRECTOR OF HUMAN RESOURCE
Highest-paid employee
50$102,021$39,645
EVAN WILSONASSOCIATE VP OF ENROLLMENT
Highest-paid employee
50$105,705$31,618
ELIZABETH ZETTLERPROFESSOR OF PSYCHOLOGY
Highest-paid employee
50$100,864$26,658
ANGELA BENTLEYDIRECTOR OF NURSING/ASSOCI
Highest-paid employee
50$120,378$6,060
STEVEN R MILLSBOARD MEMBER & CHAIR
Trustee or director, Officer
2$0$0
SUSAN L PRATTBOARD MEMBER & VICE CHAIR
Trustee or director, Officer
2$0$0
JOAN M DEBOERBOARD MEMBER & SECRETARY
Trustee or director, Officer
2$0$0
SUSAN J ALLENBOARD MEMBER
Trustee or director
1$0$0
RYAN T BARKEBOARD MEMBER
Trustee or director
1$0$0
MICHAEL D BAUERSACHSBOARD MEMBER
Trustee or director
1$0$0
18 more people on this return
NameTitleHours / weekCompensation
GERRY L BEARDBOARD MEMBER
Trustee or director
1$0
TONI L BLANKMANNBOARD MEMBER
Trustee or director
1$0
SCOTT BOSTONBOARD MEMBER
Trustee or director
1$0
JOSEPH T CALMESEBOARD MEMBER
Trustee or director
1$0
MICHAEL A FLETCHERBOARD MEMBER
Trustee or director
1$0
LUIZ E GUIMARAESBOARD MEMBER
Trustee or director
1$0
JOEL C HARMONBOARD MEMBER
Trustee or director
1$0
JULIE B MACARTNEYBOARD MEMBER
Trustee or director
1$0
PATRICK B MATHISBOARD MEMBER
Trustee or director
2$0
GREG C MAYBOARD MEMBER
Trustee or director
1$0
JOANNA MARKERBOARD MEMBER
Trustee or director
1$0
STEPHEN D OETGENBOARD MEMBER
Trustee or director
1$0
ELLEN F RAMMELKAMP MILLERBOARD MEMBER
Trustee or director
1$0
WINSTON ROGERS IIIBOARD MEMBER
Trustee or director
2$0
HENRY A SCHMITTBOARD MEMBER
Trustee or director
1$0
JAMES W SPRADLINBOARD MEMBER
Trustee or director
2$0
JEAN C STATLERBOARD MEMBER
Trustee or director
2$0
GEORGE A ZELCSBOARD MEMBER
Trustee or director
2$0
990 for the year ended May 31, 2024: 36 people
NameTitleHours / weekCompensationOther / benefits
BARBARA FARLEYPRESIDENT
Officer
50$396,155$47,562
CATHARINE O'CONNELLPROVOST/DEAN OF COLLEGE
Officer
50$211,194$30,635
STEPHANIE CHIPMANVP OF EXTERNAL RELATIONS
Officer
50$173,514$27,950
KENT SILTMANVP OF BUSINESS/CFO
Officer
50$149,857$32,925
MELISSA DYSONASSOCIATE VP OF FINANCE & CONTROLLER
Highest-paid employee
50$112,075$26,864
LAUREN HAYSDIRECTOR OF HUMAN RESOURCE
Highest-paid employee
50$112,251$23,977
EVAN WILSONASSOCIATE VP OF ENROLLMENT
Highest-paid employee
50$106,391$23,916
ELIZABETH ZETTLERPROFESSOR OF PSYCHOLOGY
Highest-paid employee
50$101,682$23,884
ANGELA BENTLEYDIRECTOR OF NURSING/ASSOCIATE PROFESSOR
Highest-paid employee
50$118,093$5,907
STEVEN R MILLSBOARD MEMBER & CHAIR
Trustee or director, Officer
2$0$0
SUSAN L PRATTBOARD MEMBER & VICE CHAIR
Trustee or director, Officer
2$0$0
JOAN M DEBOERBOARD MEMBER & SECRETARY
Trustee or director, Officer
2$0$0
SUSAN J ALLENBOARD MEMBER
Trustee or director
1$0$0
TONYA J BAISEBOARD MEMBER
Trustee or director
1$0$0
RYAN T BARKEBOARD MEMBER
Trustee or director
1$0$0
MICHAEL D BAUERSACHSBOARD MEMBER
Trustee or director
1$0$0
GERRY L BEARDBOARD MEMBER
Trustee or director
1$0$0
TONI L BLANKMANNBOARD MEMBER
Trustee or director
1$0$0
SCOTT BOSTONBOARD MEMBER
Trustee or director
1$0$0
JOSEPH T CALMESEBOARD MEMBER
Trustee or director
1$0$0
DEL C DUNHAMBOARD MEMBER
Trustee or director
1$0$0
MICHAEL A FLETCHERBOARD MEMBER
Trustee or director
1$0$0
LUIZ E GUIMARAESBOARD MEMBER
Trustee or director
1$0$0
JOEL C HARMONBOARD MEMBER
Trustee or director
1$0$0
GARY R HAYNESBOARD MEMBER
Trustee or director
1$0$0
JULIE B MACARTNEYBOARD MEMBER
Trustee or director
1$0$0
PATRICK B MATHISBOARD MEMBER
Trustee or director
2$0$0
GREG C MAYBOARD MEMBER
Trustee or director
1$0$0
JOANNA MARKERBOARD MEMBER
Trustee or director
1$0$0
STEPHEN D OETGENBOARD MEMBER
Trustee or director
1$0$0
ELLEN F RAMMELKAMP MILLERBOARD MEMBER
Trustee or director
1$0$0
WINSTON ROGERS IIIBOARD MEMBER
Trustee or director
1$0$0
HENRY A SCHMITTBOARD MEMBER
Trustee or director
1$0$0
JAMES W SPRADLINBOARD MEMBER
Trustee or director
2$0$0
JEAN C STATLERBOARD MEMBER
Trustee or director
2$0$0
GEORGE A ZELCSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended May 31, 2023: 36 people
NameTitleHours / weekCompensationOther / benefits
BARBARA FARLEYPRESIDENT
Officer
50$514,094$43,503
CATHARINE O'CONNELLPROVOST/DEAN OF COLLEGE
Officer
50$198,577$39,354
STEPHANIE CHIPMANVP OF EXTERNAL RELATIONS
Officer
50$173,902$23,873
KENT SILTMANVP OF BUSINESS/CFO
Officer
50$147,939$23,208
MELISSA DYSONASSOCIATE VP OF FINANCE & CONTROLLER
Highest-paid employee
50$111,527$22,200
LAUREN HAYSDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
50$105,348$17,523
EVAN WILSONASSOCIATE VP OF ENROLLMENT MGMT
Highest-paid employee
50$101,898$20,401
STEVEN R MILLSBOARD MEMBER & CHAIR
Trustee or director, Officer
2$0$0
SUSAN L PRATTBOARD MEMBER & VICE CHAIR
Trustee or director, Officer
2$0$0
JOAN M DEBOERBOARD MEMBER & SECRETARY
Trustee or director, Officer
2$0$0
SUSAN J ALLENBOARD MEMBER
Trustee or director
1$0$0
TONYA J BAISEBOARD MEMBER
Trustee or director
1$0$0
RYAN T BARKEBOARD MEMBER
Trustee or director
1$0$0
MICHAEL D BAUERSACHSBOARD MEMBER
Trustee or director
1$0$0
GERRY L BEARDBOARD MEMBER
Trustee or director
1$0$0
TONI L BLANKMANNBOARD MEMBER
Trustee or director
1$0$0
SCOTT BOSTONBOARD MEMBER
Trustee or director
1$0$0
JOSEPH T CALMESEBOARD MEMBER
Trustee or director
1$0$0
ROBERT E CHIPMANBOARD MEMBER
Trustee or director
2$0$0
DEL C DUNHAMBOARD MEMBER
Trustee or director
1$0$0
MICHAEL A FLETCHERBOARD MEMBER
Trustee or director
1$0$0
LUIZ E GUIMARAESBOARD MEMBER
Trustee or director
1$0$0
JOEL C HARMONBOARD MEMBER
Trustee or director
1$0$0
GARY R HAYNESBOARD MEMBER
Trustee or director
1$0$0
JOHN S KAYBOARD MEMBER
Trustee or director
1$0$0
JULIE B MACARTNEYBOARD MEMBER
Trustee or director
1$0$0
PATRICK B MATHISBOARD MEMBER
Trustee or director
2$0$0
GREG C MAYBOARD MEMBER
Trustee or director
1$0$0
JOANNA MARKERBOARD MEMBER
Trustee or director
1$0$0
STEPHEN D OETGENBOARD MEMBER
Trustee or director
1$0$0
ELLEN F RAMMELKAMP MILLERBOARD MEMBER
Trustee or director
1$0$0
WINSTON ROGERS IIIBOARD MEMBER
Trustee or director
1$0$0
HENRY A SCHMITTBOARD MEMBER
Trustee or director
1$0$0
JAMES W SPRADLINBOARD MEMBER
Trustee or director
2$0$0
JEAN C STATLERBOARD MEMBER
Trustee or director
2$0$0
GEORGE A ZELCSBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1101 W COLLEGE AVE, JACKSONVILLE, IL 62650-2212
Principal officer (990 for 2024)
KENT SILTMAN, 1101 WEST COLLEGE AVENUE, JACKSONVILLE, IL 626502299
Signed the 990
KENT SILTMAN, VP OF BUSINESS AFFAIRS & CFO
Phone
(217) 245-3003
Website
WWW.IC.EDU
Return prepared by
SIKICH LLC

Mission

ILLINOIS COLLEGE IS A CO-EDUCATIONAL INSTITUTION OF HIGHER EDUCATION LEARNING PROVIDING A FOUR-YEAR EDUCATIONAL PROGRAM LEADING TO THE BACCALAUREATE DEGREE. ILLINOIS COLLEGE IS A COMMUNITY COMMITTED TO THE HIGHEST STANDARDS OF SCHOLARSHIP AND INTEGRITY IN THE LIBERAL ARTS.

990 for the year ended May 31, 2025

Program accomplishments

  • PROVISION OF POST-SECONDARY EDUCATION TO APPROXIMATELY 1,000 STUDENTS.
    Expenses $58,828,051 · grants $19,963,296 · revenue $39,960,845

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 yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
37-0661211
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
1941
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$206,402,063
Income (IRS master file)
$222,994,765

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$56,465,525$65,474,299$206,402,063XML
990-TMay 2025–––IRS
990May 2024$59,107,728$64,797,094$215,802,956XML
990-TMay 2024–––IRS
990May 2023$51,317,541$60,021,916$219,606,348XML
990-TMay 2023–––IRS
990May 2022$64,876,900$61,080,908$209,663,245IRS
990-TMay 2022–––IRS
990May 2021–––IRS
990-TMay 2021–––IRS
990May 2020–––IRS
990May 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 37-0661211).

Questions about ILLINOIS COLLEGE

What is the EIN of ILLINOIS COLLEGE?
The employer identification number (EIN) of ILLINOIS COLLEGE is 37-0661211.
Is ILLINOIS COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1941.
Are donations to ILLINOIS COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILLINOIS COLLEGE 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 ILLINOIS COLLEGE 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 ILLINOIS COLLEGE 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 ILLINOIS COLLEGE?
The 990 for the year ended May 31, 2025 names KENT SILTMAN.
Who are the officers and directors of ILLINOIS COLLEGE?
The 990 for the year ended May 31, 2025 lists 33 people; 9 received compensation from the organization, the highest $400,588 (BARBARA FARLEY, PRESIDENT).
How much revenue does ILLINOIS COLLEGE have?
On its 990 for the year ended May 31, 2025 it reported revenue of $56,465,525, expenses of $65,474,299 and total assets of $206,402,063 at year end.

Other nonprofits in JACKSONVILLE

All nonprofits in JACKSONVILLE · Illinois · Education