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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 2018. Filed on November 1, 2018.

3241 S Michigan Avenue
Suite 3500
Chicago, Illinois 60616

Illinois College of Optometry (EIN: 36-2310478) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2018 IRS Form 990 filing, Illinois College of Optometry, a 501(c)(3) charitable organization, reported compensation for 14 out of 719 total employees. Among the employees shown here, the average compensation is $260,377. The highest compensated employee at Illinois College of Optometry is Arol Augsburger, Od with fiscal year 2018 compensation of $545,131.

Revenue, expenses, and employee compensation

Revenue

$40,417,486

Expenses

$39,098,471

Employee compensation

$24,956,472
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Arol Augsburger, Od
President
$545,131
$491,540 No related comp$53,591
Mark Colip, Od
Vice President of Development and Student Affairs
$316,750
$260,605 No related comp$56,145
Laura Rounce
Vice President, Administration
$297,270
$243,105 No related comp$54,165
John Budzynski, Cpa
Vice President of Business and Finance/Cfo
$294,318
$246,352 No related comp$47,966
Stephanie Messner, Od
Vice President, Academic Affairs
$287,933
$248,450 No related comp$39,483
Valarie Conrad, Od
Vice President for Risk and Compliance
$277,199
$226,155 No related comp$51,044
Leonard Messner, Od
Vice President of Patient Care
$276,727
$237,907 No related comp$38,820
Yi Pang, Od
Professor of Optometry
$208,215
$164,098 No related comp$44,117
Janice Jurkus, Od
Professor of Optometry
$200,509
$171,173 No related comp$29,336
Sandra Block Od Faao
Professor of Optometry / Board of Trustees
$196,497
$167,339 No related comp$29,158
Bruce Teitelbaum, Od
Associate Professor of Optometry
$194,418
$165,803 No related comp$28,615
Zhiyong Ren
Sr Director of Clinical Performance
$193,245
$171,892 No related comp$21,353

Benchmark Employee Compensation

Non-Employee Board Members

Osvaldo Lopez, M.D.
Trustee
$17,148
$17,148 No related compNo other comp
Jeff Smith, Od, Mba
Board of Trustees - Partial Year
No compensation reported
Charles Weiss, Cpa
Trustee
No compensation reported
Robert Steinmetz Od Faao
Trustee
No compensation reported
Karen Eng, Od
Board Chair
No compensation reported
Jeffery Johnson, Od, Mba, Cfa
Trustee
No compensation reported
Nana Owusu, Od
Trustee
No compensation reported
Donovan L Crouch Od Faao
Board of Trustees - Partial Year
No compensation reported
Charles Quattrochi, Cpa
Board of Trustees - Partial Year
No compensation reported
Robert Michael Daley
Trustee
No compensation reported
Steven Schneider
Trustee
No compensation reported
Dwight Akerman Od Mba Faao
Vice Chariman of the Board
No compensation reported

Contractors

Imperial Service Systems
Cleaning
$317,196
Nixon Peabody Llp
Legal
$308,461
Kimco
Cleaning
$241,930
Chicago Eye Institute
Medical
$182,600
Crowe
Audit and Tax
$156,554

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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