Mckinley Foundation At The University Of Illinois
- Assets
- $19.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 30
- Location
- Champaign, IL
- Founding
- 03/1984
- Data as of
- 06/2022
- EIN
- 37-0409945
Organization Overview
Mckinley Foundation At The University Of Illinois is located in Champaign, IL. The organization was established in 1984. As of 06/2022, Mckinley Foundation At The University Of Illinois employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mckinley Foundation At The University Of Illinois is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Mckinley Foundation At The University Of Illinois generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $4.8m during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CAMPUS MINISTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPUS MINISTRY TO FINANCE INTELLECTUAL, MORAL AND RELIGIOUS EXPERIENCE OF STUDENTS AT THE UNIVERSITY OF ILLINOIS; RENTAL TO 262 STUDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Hancock Executive Director | Officer | 40 | $88,087 |
Adani Sanchez Secretary | OfficerTrustee | 2 | $0 |
Sandra Klitzing President | OfficerTrustee | 2 | $0 |
Carrie Chandler Vice-President | OfficerTrustee | 2 | $0 |
Mike Cain Treasurer | OfficerTrustee | 2 | $0 |
Terry Hatch Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wells & Wells Construction Co General Contractor | 6/29/22 | $696,499 |
Borchers Decorating Llc Painting | 6/29/22 | $224,064 |
A Pinch Of This Food Services | 6/29/22 | $695,001 |
Specialty Commercial Flooring Llc Carpet | 6/29/22 | $252,264 |
Brumback & Associates Painting | 6/29/22 | $137,835 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $161,244 |
| All other contributions, gifts, grants, and similar amounts not included above | $46,309 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,553 |
| Total Program Service Revenue | $3,730,597 |
| Investment income | $15,857 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,845 |
| Net Gain/Loss on Asset Sales | $15,638 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,006,153 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,660 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,076 |
| Compensation of current officers, directors, key employees. | $79,858 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,955 |
| Pension plan accruals and contributions | $14,025 |
| Other employee benefits | $58,242 |
| Payroll taxes | $43,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,167 |
| Fees for services: Accounting | $37,048 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,845 |
| Fees for services: Other | $12,112 |
| Advertising and promotion | $52,957 |
| Office expenses | $39,220 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $218,288 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,518,026 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $653,368 |
| Insurance | $75,604 |
| All other expenses | $28,730 |
| Total functional expenses | $4,752,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $653,298 |
| Savings and temporary cash investments | $2,039,337 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $160,843 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,000 |
| Net Land, buildings, and equipment | $15,107,341 |
| Investments—publicly traded securities | $741,520 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $694,358 |
| Total assets | $19,411,697 |
| Accounts payable and accrued expenses | $632,465 |
| Grants payable | $0 |
| Deferred revenue | $154,109 |
| Tax-exempt bond liabilities | $26,620,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,000 |
| Total liabilities | $27,556,574 |
| Net assets without donor restrictions | -$9,345,896 |
| Net assets with donor restrictions | $1,201,019 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,411,697 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mckinley Foundation At The University Of Illinois has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Endowment Analysis
| Beg. Balance | $1,266,117 |
| Earnings | -$65,098 |
| Ending Balance | $1,201,019 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Heritage Hall Oklahoma City, OK | $29,893,924 | $20,863,460 |
Caney Creek Community Center Pippa Passes, KY | $136,427,755 | $30,649,937 |
Baker College Flint, MI | $33,908,610 | $19,974,450 |
Kentucky Christian University Inc Grayson, KY | $38,563,521 | $22,232,558 |
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Lighthouse Academies Of Arkansas Inc North Little Rock, AR | $582,799 | $18,301,867 |
The Mind Trust Inc Indianapolis, IN | $18,983,816 | $10,830,656 |
Langley School Inc Mclean, VA | $63,128,940 | $18,629,240 |
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
United States Deputy Sheriffs Association Inc Wichita, KS | $2,971,599 | $19,654,227 |