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Organizations Education Illinois College of Optometry

Illinois College of Optometry

Fiscal year ending 2022. Filed on May 12, 2023.

3241 S Michigan Avenue
Suite 850
Chicago, Illinois 60616

Illinois College of Optometry (EIN: 36-2310478) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2022 IRS Form 990 filing, Illinois College of Optometry, a 501(c)(3) charitable organization, reported compensation for 13 out of 589 total employees. Among the employees shown here, the average compensation is $229,890. The highest compensated employee at Illinois College of Optometry is Mark Colip, Od with fiscal year 2022 compensation of $402,622.

Revenue, expenses, and employee compensation

Revenue

$38,134,437

Expenses

$35,579,382

Employee compensation

$22,090,475
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Mark Colip, Od
President
$402,622
$348,268 No related comp$54,354
Stephanie Messner, Od
Vice President, Academic Affairs
$272,781
$235,320 No related comp$37,461
Leonard Messner, Od
Vice President of Patient Care
$261,040
$223,595 No related comp$37,445
Yi Pang, Od
Professor of Optometry
$237,846
$191,174 No related comp$46,672
Christa Ojeda, Cpa
Vice President of Business and Finance/Cfo
$232,148
$202,082 No related comp$30,066
Michael Chaglasian, Od
Professor of Optometry
$217,227
$164,074 No related comp$53,153
Erik Mothersbaugh, Od
Dean for Student Affairs
$215,569
$199,693 No related comp$15,876
Zhiyong Ren, Mba
Chief Operating Officer at IEI
$209,621
$189,077 No related comp$20,544
John Baker, Od
Professor of Optometry
$206,444
$169,614 No related comp$36,830
Geoffrey Goodfellow, Od
Professor of Optometry
$200,744
$173,557 No related comp$27,187
Amit Choksi, Mba
Sr Director of Information Technology/Cio
$189,261
$171,069 No related comp$18,192
Laura Rounce
Vice President of Physical and Human Resources (Term 6/30/2021)
$171,960
$145,422 No related comp$26,538

Benchmark Employee Compensation

Non-Employee Board Members

Osvaldo Lopez, M.D.
Trustee
$3,648
$3,648 No related compNo other comp
Vasvi Babu, Od
Trustee
No compensation reported
Timothy Tsang Od Faao
Trustee
No compensation reported
Kevin Danahey, Od
Trustee
No compensation reported
Jeanette Varanelli, Od
Board of Trustees (End 10/2021)
No compensation reported
Dwight Ackerman Od Mba Faao
Board Chair
No compensation reported
Michael Lopiano, Mba
Trustee
No compensation reported
Karen Eng, Od
Trustee
No compensation reported
Jeffrey Johnson, Od, Mba, Cfa
Trustee
No compensation reported
Joseph Derezinski
Trustee
No compensation reported
Dwain Hahs
Board of Trustees-Treasurer
No compensation reported
Torrey Barrett
Trustee
No compensation reported

Contractors

Jensen & Halstead LTD
Architecture
$349,596
Crowe LLP
Audit and Tax
$117,636

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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