ASSOCIATED COLLEGES OF THE MIDWEST Charity Report

Public IRS 990 nonprofit record

ASSOCIATED COLLEGES OF THE MIDWEST

EIN 36-2600769 · Student Services (B80)

What they do

THE ASSOCIATED COLLEGES of THE MIDWEST (ACM), A CONSORTIUM of RESIDENTIAL LIBERAL ARTS COLLEGES, ENRICHES RESIDENTIAL LIBERAL ARTS EDUCATION and STRENGTHENS MEMBERS THROUGH COLLABORATION. THROUGH OUR STRATEGIC INITIATIVES and PROGRAMS, WE ENCOURAGE EXCELLENCE IN TEACHING and LEARNING, PROMOTE EQUITY and INCLUSION and CELEBRATE INDIVIDUAL and COLLECTIVE DIVERSITY, STRENGTHEN THE CONNECTION BETWEEN INQUIRY and PRACTICE, AMPLIFY THE EXPERTISE of FACULTY, STUDENTS, and STAFF, and CULTIVATE AN OPEN ENVIRONMENT for INNOVATION and EXCHANGE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $51.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders20 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

43.62%of revenue went to mission work51.6% of expenses · Program services

$84.51spent for every $100 of revenueRevenue covered expenses this year.

40.89%of revenue went to management and office costs48.4% of expenses

$7.87in assets for every $1 spent this yearSome assets cannot be spent right away.

42.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $257,266 for LISA JASINSKI (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,754,981

Mission workProgram services$1,201,72043.62% of revenue51.6% of expenses

ManagementOffice and general costs$1,126,64440.89% of revenue48.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$426,61715.49% of revenueShown in gray on the chart

Total expenses$2,328,36484.51% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 51.6% mission · 48.4% management · 0.0% fundraisingTotal expenses: 84.51% of revenue

2023Expense mix: 45.3% mission · 54.7% management · 0.0% fundraisingTotal expenses: 166.02% of revenue

2022Expense mix: 33.2% mission · 66.8% management · 0.0% fundraisingTotal expenses: 130.54% of revenue

2021Expense mix: 30.9% mission · 69.1% management · 0.0% fundraisingTotal expenses: 59.16% of revenue

2020Expense mix: 52.2% mission · 47.8% management · 0.0% fundraisingTotal expenses: 153.16% of revenue

Money in and money out

Revenue$2,754,981

Expenses$2,328,364

Annual surplus $426,617 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,201,720 · 51.6% of expenses

Management and office costs$1,126,644 · 48.4% of expenses

See all reported dollar amounts

Revenue$2,754,981

Expenses$2,328,364

Assets$18,316,408

Income$4,333,166

Contributions$1,160,000

Mission work (program services)$1,201,720

Grants given$3,513,469

Average grant$70,269

Management and general$1,126,644

Executive compensation (total)$766,509

Stocks and bonds$16,957,806

Accounting fees$21,350

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LISA JASINSKIPRESIDENT · 35 hrs/week $257,266Base $218,747 · Other $38,519

BRIAN WILLIAMSVP FOR STRATEGIC INITIATIVES - PAST · 35 hrs/week $179,292Base $147,227 · Other $32,065

ELIZABETH HUTULACOO AND VP FOR ADMINISTRATION · 35 hrs/week $150,033Base $127,155 · Other $22,878

SONYA MALUNDAPRESIDENT - PAST · 35 hrs/week $41,556Base $36,907 · Other $4,649

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (20)

LISA JASINSKIPRESIDENT

BRIAN WILLIAMSVP FOR STRATEGIC INITIATIVES - PAST

ELIZABETH HUTULACOO AND VP FOR ADMINISTRATION

SONYA MALUNDAPRESIDENT - PAST

JONATHAN BRANDPAST CHAIR

VICTORIA FOLSEDIRECTOR

SUZANNE RIVERACHAIR

SUSAN RUNDELL SINGERDIRECTOR

ROBERT KREBSDIRECTOR

PATRICIA DRAVESDIRECTOR

MANYA WHITAKERDIRECTOR

LAURIE CARTERDIRECTOR

ALISON BYERLYDIRECTOR

JILL BARENDIRECTOR - PAST

JENIFER WARDPAST CHAIR - PAST

ERIC BOYNTONDIRECTOR

DAVID HAYESDIRECTOR

C ANDREW MCGADNEYSECRETARY/TREASURER

BRAD CHAMBERLAINDIRECTOR

ANNE HARRISVICE CHAIR

About this charity

Recognized since: January 1965
Location: 515 N STATE ST FL 14, CHICAGO, IL 60654-2783
County: Cook
In care of: % LISA JASINSKI MBR
Primary officer: LISA JASINSKI, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailacm@acm.edu Phone(312) 263-5000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: LEGACY PROFESSIONALS LLP
NTEE classification: Student Services (B80)
IRS tax category: Student Services
Grant-giving organization: Yes