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Illinois College of Optometry

Public charityFed auditsIRS 990
DBA: % MARY RYBERG
Other · CHICAGO, IL · EIN 36-2310478

About

The Illinois College of Optometry (ICO) 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. IEI, provides compassionate, affordable eye and vision care to vulnerable populations in Chicago. CPS students were seen at the Lewenson Center since CPS closed the Princeton Clinic. ICO conducts research into optometry and related sciences; the College funds or otherwise carries out projects considered beneficial to its profession or community.

In care of MARY Ryberg

Donations are tax-deductible
Category
Other
Employees
599
Volunteers
18

Financial Snapshot

FY ending 2023-06-30
Revenue
$38.5M
Expenses
$36.8M
Assets
$100.2M
Liabilities
$33.0M

Financial history

$41.7M$20.8M$0
17181920212223
RevenueExpenses
Latest FY2023: $38.5M · Peak FY2017: $41.7M · Avg: $39.4M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$1.8M
ILLINOIS COLLEGE OF OPTOMETRY
Your actions

Address

3241 S Michigan AVE
Chicago, IL, 60616-420

Governance

Voting board members19
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %77.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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