Form 990 data showing organizational financial health and growth.
Revenue (2023)
$1.5M
+15.2% vs 2022
Expenses (2023)
$1.2M
-1.5% vs 2022
Assets (2023)
$1.4M
+44.2% vs 2022
Employees (2023)
5
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2023 | $1,456,402 | $1,236,542 | $1,421,439 | 5 |
| 2022 | $1,264,360 | $1,255,571 | $985,907 | 0 |
| 2021 | $1,309,810 | $1,386,140 | $1,061,635 | 8 |
| 2020 | $1,339,594 | $1,436,637 | $1,379,579 | 6 |
| 2019 | $1,454,853 | $1,468,389 | $1,728,414 | 5 |
| 2018 | $1,240,842 | $1,447,266 | $1,389,146 | 6 |
Source: IRS Form 990 filings. All figures in USD.
Meet the people behind Associated Colleges of Illinois Inc.
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2023)
$119K
Highest Paid
$119K
April Arnold
Compensated Officers
1
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| April Arnold | Executive Director | $115,333 | $4,000 | $119,333 | 50 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mitchell G Weltman | Former Executive Director | $70,462 | — | $70,462 | 40 |
| April Arnold | Executive Director | $60,000 | — | $60,000 | 50 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mitchell G Weltman | Executive Director | $137,826 | — | $137,826 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mitchell G Weltman | Executive Director | $137,796 | — | $137,796 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Mitchell G Weltman | Executive Director | $137,796 | — | $137,796 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Economic Injury Disaster Loan Program (2020-2021)
Total Borrowed
$10K
Subsidy Cost
$1K
14% of loan
Loan Count
1
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Source: Small Business Administration • Economic Injury Disaster Loan Program (2020-2021)
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.
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