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Organizations Education Illinois College of Optometry

Illinois College of Optometry

Fiscal year ending 2020. Filed on December 2, 2020.

3241 S Michigan Avenue
Suite 2100
Chicago, Illinois 60616

Illinois College of Optometry (EIN: 36-2310478) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2020 IRS Form 990 filing, Illinois College of Optometry, a 501(c)(3) charitable organization, reported compensation for 16 out of 683 total employees. Among the employees shown here, the average compensation is $227,357. The highest compensated employee at Illinois College of Optometry is Mark Colip, Od with fiscal year 2020 compensation of $418,176.

Revenue, expenses, and employee compensation

Revenue

$36,498,150

Expenses

$36,158,154

Employee compensation

$22,916,341
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Colip, Od
President
$418,176
$350,478 No related comp$67,698
Stephanie Messner, Od
Vice President and Dean of Academic Affairs
$287,746
$249,281 No related comp$38,465
Laura Rounce
Vice President of Physical and Human Resources
$286,822
$233,092 No related comp$53,730
Leonard Messner, Od
Vice President for Strategy and Institutional Advancement
$271,328
$234,408 No related comp$36,920
Janice Jurkus, Od
Professor of Optometry
$244,919
$210,655 No related comp$34,264
John Budzynski, Cpa
Vice President of Business and Finance/Cfo (End 9/20/19)
$236,594
$199,081 No related comp$37,513
Geoffrey Goodfellow, Od
Professor of Optometry
$228,342
$181,356 No related comp$46,986
Yi Pang, Od
Professor of Optometry
$226,584
$179,647 No related comp$46,937
Eirk Mothersbaugh, Od
Dean for Student Affairs
$221,944
$182,198 No related comp$39,746
Valarie Conrad, Od
Former Vice President for Risk and Compliance (End 3/2019)
$215,589
$184,268 No related comp$31,321
Daniel Ren
Sr Director of Clinical Performance
$212,466
$189,661 No related comp$22,805
Sandra Block Od Faao
Former Board of Trustees (End 10/2018) / Current Professor of Optometry
$209,942
$178,860 No related comp$31,082

Benchmark Employee Compensation

Non-Employee Board Members

Odvaldo Lopeza, M.D.
Trustee
$5,848
$5,848 No related compNo other comp
Steven Schneider
Trustee
No compensation reported
Charles Weiss, Cpa
Trustee
No compensation reported
Vasvi Babu, Od
Trustee
No compensation reported
Dwain Hahs
Trustee
No compensation reported
Karen Eng, Od
Trustee
No compensation reported
Robert Fait, Od
Board of Trustees- Secretary
No compensation reported
Torrey Barrett
Board of Trustees (Begin 5/2019)
No compensation reported
Jeff Smith, Od, Mba
Board Chair
No compensation reported
Stacy Colatrella, Od
Board of Trustees (End 10/2019)
No compensation reported
Jeffrey Johnson, Od, Mba, Cfa
Trustee
No compensation reported
Nana Owusu, Od
Trustee
No compensation reported

Contractors

Sankofa Psychological Services
Counseling for Students
$149,082
Crowe LLP
Audit and Tax
$110,941

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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