ILLINOIS COLLEGE OF OPTOMETRY
3241 S Michigan Avenue, Chicago, IL 60616 www.ico.edu

Total Revenue
$36,498,150
Total Expenses
$36,158,154
Net Assets
$56,556,996

Organizations Filed Purposes: 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 as well as the IEI Princeton location. Both locations, provide compassionate, affordable eye and vision care to vulnerable populations in Chicago with the IEI Princeton location servicing CPS students bussed in from locations throughout the city. ICO conducts research into optometry and related sciences; the College funds or otherwise carries out projects considered beneficial to its profession or community.

The mission of the Illinois College of Optometry is to develop highly qualified clinical optometrists through excellence in optometric education.

GENERAL EDUCATIONAL SERVICES AT THE ILLINOIS COLLEGE OF OPTOMETRY (ICO): Classroom instruction for Doctor of Optometry Degree; Continuing Education and Faculty Research serving approximately 580 students per year. ICO's 4-year program is focused entirely on optometry. Our students receive robust clinical experience, including hands-on patient care in the IEI beginning in their very first year. Understanding that being a doctor extends beyond eye care, ICO offers courses in financial literacy, practice management, and other real-world aspects of optometry. Our top-notch resources expose students to tomorrow's technologies and modes of practice.

CLINIC: The Illinois Eye Institute (IEI) acts as a safety net provider of eye and vision services for the Chicago area, serving diverse patients with complex needs. The clinic received 71,344 patient visits in the previous year (44,268 to providers, 27,076 to optical). The site is a vital community resource for Medicaid and Medicare carriers, as well as underinsured and uninsured patients. Specialty areas of the clinic include (but are not limited to) Pediatrics, Urgent Care, Cornea and Contact Lenses, Diabetic Care, and Myopia Control. The IEI acts as a teaching clinic that aides in the education of students as they pursue Doctor of Optometry degrees.

DORMITORY: The Residential Complex provides affordable and safe on-campus living quarters for optometry students, prospective students, visitors, and their families. The RC hosts events to promote camaraderie and healthy student life. The facility went through a remodel in 2016 and offers the traditional single and double suites as well as one, two, and three bedroom apartments.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark Colip OdPresident35$350,478
Stephanie Messner OdVP and Dean of Academic Affairs35$249,281
Leonard Messner OdVP for Strategy and Institutional Advancement35$234,408
Laura RounceVP of Physical and Human Resources35$233,092
Janice Jurkus OdProfessor of Optometry35$210,655
John Budzynski CpaVP of Business and Finance/CFO (end 9/20/19)35$199,081
Daniel RenSr Director of Clinical Performance35$189,661
Valarie Conrad OdFormer VP for Risk and Compliance (end 3/2019)35$184,268
Eirk Mothersbaugh OdDean for Student Affairs35$182,198
John Baker OdProfessor of Optometry35$181,528
Geoffrey Goodfellow OdProfessor of Optometry35$181,356
Yi Pang OdProfessor of Optometry35$179,647
Sandra Block Od FaaoFormer Board of Trustees (end 10/2018) / Current Professor of Optometry35$178,860
Tracy Matchinski Od FaaoProfessor of Optometry / Board of Trustees (begin 2/2020)35$137,457
Elyse Chaglasian OdProfessor of Optometry / Board of Trustees (end 11/2019)35$132,383
Christa Ojeda CpaVP of Business and Finance/CFO (Begin 10/2019)35$40,708
Odvaldo Lopeza MdBoard of Trustees1$5,848
Vasvi Babu OdBoard of Trustees1$0
Torrey BarrettBoard of Trustees (Begin 5/2019)1$0
Steven SchneiderBoard of Trustees1$0
Stacy Colatrella OdBoard of Trustees (end 10/2019)1$0
Scott Jens Od FaaoBoard of Trustees (begin 2/2020)1$0
Robin Rinearson Od FaaoBoard of Trustees (begin 10/2019)1$0
Nana Owusu OdBoard of Trustees1$0
Karen Eng OdBoard of Trustees1$0
Joseph DerezynskiBoard of Trustees1$0
Jeffrey Johnson Od Mba CfaBoard of Trustees1$0
Jeanette Varanelli OdBoard of Trustees1$0
Dwain HahsBoard of Trustees1$0
Charles Weiss CpaBoard of Trustees1$0
C Michael Lopiano MbaBoard of Trustees (begin 10/2019)1$0
Robert Steinmetz Od FaaoBoard of Trustees-Treasurer1$0
Robert Fait OdBoard of Trustees- Secretary1$0
Jeff Smith Od MbaChairman of the Board1$0
Dwight Ackerman Od Mba FaaoVice Chairman of the Board1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043379349300424_public.xml