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Organizations Education Illinois College of Optometry

Illinois College of Optometry

Fiscal year ending 2021. Filed on May 11, 2022.

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 2021 IRS Form 990 filing, Illinois College of Optometry, a 501(c)(3) charitable organization, reported compensation for 12 out of 596 total employees. Among the employees shown here, the average compensation is $240,593. The highest compensated employee at Illinois College of Optometry is Mark Colip, Od with fiscal year 2021 compensation of $408,913.

Revenue, expenses, and employee compensation

Revenue

$41,438,897

Expenses

$36,541,143

Employee compensation

$23,871,691
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Colip, Od
President
$408,913
$338,060 No related comp$70,853
Stephanie Messner, Od
Vice President, Academic Affairs
$268,193
$227,959 No related comp$40,234
Laura Rounce
Vice President of Physical and Human Resources (Term 6/30/2021)
$266,815
$210,708 No related comp$56,107
Leonard Messner, Od
Vice President of Patient Care
$256,749
$218,076 No related comp$38,673
Yi Pang, Od
Professor of Optometry
$234,665
$185,098 No related comp$49,567
Erik Mothersbaugh, Od
Dean for Student Affairs
$228,059
$194,356 No related comp$33,703
Michael Chaglasin, Od
Professor of Optometry
$223,758
$171,777 No related comp$51,981
Geoffrey Goodfellow, Od
Professor of Optometry
$218,508
$168,854 No related comp$49,654
John Baker, Od
Professor of Optometry
$208,028
$165,332 No related comp$42,696
Christa Ojeda, Cpa
Vice President of Business and Finance/Cfo
$200,764
$179,010 No related comp$21,754
Zhiyong Ren
Sr Director of Clinical Performance
$200,468
$177,736 No related comp$22,732
Tracy Matchinski Od Faao
Professor of Optometry / Board of Trustees
$172,193
$128,695 No related comp$43,498

Benchmark Employee Compensation

Non-Employee Board Members

Osvaldo Lopez, M.D.
Trustee
$1,976
$1,976 No related compNo other comp
Danahey Kevin, Od
Trustee
No compensation reported
Steven Schneider
Trustee
No compensation reported
Robert Fait, Od
Board of Trustees- Secretary
No compensation reported
Vasvi Babu, Od
Trustee
No compensation reported
Karen Eng, Od
Trustee
No compensation reported
Jeanette Varanelli, Od
Trustee
No compensation reported
Robert Steinmetz Od Faao
Board of Trustees (Resigned 11/2020)
No compensation reported
Jeffrey Johnson, Od, Mba, Cfa
Trustee
No compensation reported
Torrey Barrett
Trustee
No compensation reported
Charles Weis, Cpa
Trustee
No compensation reported
Scott Jens Od Faao
Trustee
No compensation reported

Contractors

Chicago Eye Institute
Medical Consulting
$146,496
Crowe LLP
Audit and Tax
$104,514

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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