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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Illinois College of Optometry

Illinois College of Optometry

Fiscal year ending 2024. Filed on May 13, 2025.

3241 S Michigan Avenue
Chicago, Illinois 60616

Illinois College of Optometry (EIN: 36-2310478) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Illinois College of Optometry, a 501(c)(3) charitable organization, reported compensation for 12 out of 603 total employees. Among the employees shown here, the average compensation is $279,644. The highest compensated employee at Illinois College of Optometry is Mark Colip, Od with fiscal year 2024 compensation of $485,050.

Revenue, expenses, and employee compensation

Revenue

$37,146,736

Expenses

$38,523,194

Employee compensation

$23,747,515
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Colip, Od
President
$485,050
$415,556 No related comp$69,494
Stephanie Messner, Od
Vice President, Academic Affairs
$320,785
$278,915 No related comp$41,870
Leonard Messner, Od
Vice President of Patient Care
$308,244
$266,374 No related comp$41,870
Christa Ojeda, Cpa
Vice President of Business and Finance/Cfo
$293,608
$250,382 No related comp$43,226
Yi Pang, Od
Professor of Optometry
$273,708
$208,969 No related comp$64,739
Erik Mothersbaugh, Od
Dean for Student Affairs
$263,658
$230,588 No related comp$33,070
Zhiyong Daniel Ren
Chief Operating Officer at IEI
$256,089
$234,489 No related comp$21,600
Daniel Roberts, Od
Professor of Optometry
$254,980
$181,741 No related comp$73,239
Michael Chaglasian, Od
Professor of Optometry
$251,831
$182,589 No related comp$69,242
Anne Rozwat, Od
Professor of Optometry
$239,865
$188,476 No related comp$51,389
Geoffrey Goodfellow, Od
Professor of Optometry
$222,068
$179,829 No related comp$42,239
Tracy Matchinski Od Faao
Professor of Optometry / Board of Trustees
$185,840
$147,382 No related comp$38,458

Benchmark Employee Compensation

Non-Employee Board Members

Osvaldo Lopez, M.D.
Trustee
$3,572
$3,572 No related compNo other comp
Mohammed Eid, Od
Trustee
No compensation reported
Dwight Ackerman Od Mba Faao
Chairman of the Board (End 10/2023)
No compensation reported
Nicole Wheatly
Trustee
No compensation reported
Timothy Tsang Od Faao
Trustee
No compensation reported
Roberto Lucca, Od
Trustee
No compensation reported
Michael Lopiano, Mba
Trustee
No compensation reported
Philip Hasler, Od
Trustee
No compensation reported
Joseph Derezinski
Trustee
No compensation reported
Vasvi Babu, Od
Board of Trustees (End 10/2023)
No compensation reported
Steven Lee, Od
Trustee
No compensation reported
Shawn Mallady, Od
Trustee
No compensation reported

Contractors

Crowe LLP
Audit and Tax
$121,115

Mission Statement

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.

Revisions to this organization profile

May 13, 2025:
2024 Illinois College of Optometry 990 filed
May 14, 2024:
2023 Illinois College of Optometry 990 filed
May 12, 2023:
2022 Illinois College of Optometry 990 filed

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