Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “The illinois college of optometry is an innovator in optometric education, patient care, and the profession of optometry. through a 4-year doctoral program, ico develops highly qualified clinical optometrists through excellence in optometric education. the ico campus has a full-service eye clinic, illinois eye institute (iei), on-site as well as the iei princeton location. both locations, provide compassionate, affordable eye and vision care to vulnerable populations in chicago with the iei princeton location servicing cps students bussed in from locations throughout the city. ico conducts research into optometry and related sciences; the college funds or otherwise carries out projects considered beneficial to its profession or community.”.

When discussing its purpose, they were characterized as: “The mission of the illinois college of optometry is to develop highly qualified clinical optometrists through excellence in optometric education.”.

• The state in which the non-profit is legally authorized to operate is IL, as reported.
• The filing confirms that the non-profit's address in 2020 was 3241 S Michigan Avenue, Chicago, IL, 60616.
• The form of the non-profit reports 717 employees as of 2020.
• Does not operate a hospital.
• Operates a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is $2,181,576.
• The remuneration of the CEO of the organization is based on an independent review and approval process.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 14 independent voting members.
• The organization was formed in 1955.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization engages in lobbying activities.
• The organization pays $24,619,907 in salary, compensation, and benefits to its employees.
• The organization pays $409,400 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization pays grants to individuals.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has a business related family member transaction.
• The organization's financial statements were reviewed by an accountant.