EIN 36-3377698

Midwestern University

IRS 501(c) type
501(c)(3)
Num. employees
4,048
Year formed
1900
Most recent tax filings
2019-06
Financials as of 2019-06
Revenues
$481.7m
+$17m
3.6%
 
$457m: Prog svcs
 
$14m: Invst income
 
$3m: Misc rev
 
$8m: Misc other revenues
Expenses
$364.5m
+$20m
5.9%
 
$180m: Salaries, non-officers
 
$38m: Deprec
 
$28m: Expense, other
 
$118m: Misc other expenses
Assets
$1.5b
+$127m
8.9%
 
$735m: Bldg & equip
 
$484m: Cash
 
$240m: Stocks & bonds
 
$90m: Misc other assets
Liabilities
$422.6m
+$20m
5.0%
 
$248m: Tax-exempt bonds
 
$61m: Other lia
 
$55m: Accts pay
 
$58m: Misc other liabilities
Description
Midwestern University's historical and sustaining philosophy dedicates the institution and its resources to the highest standards of academic excellence to meet the educational needs of the healthcare community.

Program areas at Midwestern University

Description of program service accomplishments during the fiscal year ended june 30, 2019, Midwestern University provided health sciences education services to approximately 6,841 pre-doctoral students and 104 post-doctoral students. These student services are located on three campuses, two in Illinois and one in Arizona. Midwestern University offers health education programs in medicine, pharmacy, physician assistance, physical therapy, occupational therapy, biomedical sciences, podiatry, clinical psychology, perfusion services, nurse anesthetist, dentistry, optometry, veterinary medicine, speech language pathology, and graduate education programs in medicine, as well as continuing education for staff and alumni. Midwestern University continued its research and training programs with the support of federal and private funding. Midwestern University clinics the Midwestern University multispecialty clinics operated at the Arizona and Illinois campuses include dental institutes, eye institutes, family medicine practices, companion animal clinic at the animal health institute, speech-language institutes, a physical therapy institute and other health services designed to provide clinical teaching sites and meet a wide-range of healthcare needs of area patients. In accordance with the University's academic mission, the fee schedules at the two dental institutes have been reduced to approximately 50% or more of usual and customary charges. As a result, during fiscal year ended june 30, 2019, mwu patients paid $22,175,000 less in patient service fees than they would have had mwu charged usual and customary fees. Also, the University has a discount program whereby low income individuals can apply for free care at mwu clinics based on the federal poverty guidelines. The total discounts in fiscal year ended june 30, 2019 were $1,486,000 at stated patient service charges. Had mwu charged usual and customary fees, the value of the discounts would have been $2,982,000.

Form 990s for Midwestern University

Fiscal year endingDate received by IRSFormPDF link
2019-062020-10-02990View PDF
2018-062019-06-19990View PDF
2017-062018-11-15990View PDF
2016-062017-10-10990View PDF
2015-062016-08-02990View PDF
...and 6 more Form 990s

Who funds Midwestern University

Grants from foundations and other nonprofits
GrantmakerGrantmaker tax periodDescriptionAmount
Petsmart Charities2020-02Vet School$200,807
 Subscribe to view2018-05█ ██ ████ █ █ █████ █ ██ ██████ ██████$░░,░░░
 Subscribe to view2019-07████ ████$░░,░░░
...and 14 more grants received
Federal funding details
Federal agencyCFDA codeProgram nameAmount
Department of Education84.268FEDERAL DIRECT STUDENT LOANS$426,881,185
 Subscribe to view██████ █████ ███ ██ █████ ████ ██ █████ █ ██████ ████$░░,░░░,░░░
 Subscribe to view███████ ████ ██ ███$░,░░░,░░░
...and 16 more federal grants / contracts

Financials for Midwestern University

RevenuesFYE 06/2019
Total grants, contributions, etc.$4,745,623
Program services$456,730,984
Investment income and dividends$14,340,203
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,943,891
Net income from fundraising events$-135,530
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,026,918
Total revenues$481,652,089

Personnel at Midwestern University

NameTitleCompensationDate of data
Kathleen H GoeppingerPresident and Chief Executive Officer / Board Member$2,268,6722020-10-02
Dean P. MaloneVice President of Finance / Board Member$513,6472020-05-28
Theresa Welch FossumVice President of Research and Strategic Initiatives$427,1792019-06-30
 Subscribe to viewDean Dental Medicine$468,0272019-06-30
 Subscribe to viewDean Student Services$415,8782020-05-28
...and 3 more key personnel

Organizations like Midwestern University

OrganizationTypeLocationRevenue
The Medical College of Wisconsin (MCW)501(c)(3)Milwaukee, WI$1,258,883,721
Regis University501(c)(3)Denver, CO$179,521,000
Johnson & Wales University501(c)(3)Providence, RI$437,890,524
Northeastern University (NU)501(c)(3)Boston, MA$1,691,438,907
Marist College501(c)(3)Poughkeepsie, NY$291,506,930
University of Hartford (UHart)501(c)(3)West Hartford, CT$275,809,987
Norwich University501(c)(3)Northfield, VT$170,737,618
Baylor University (BU)501(c)(3)Waco, TX$1,017,828,223
Drew University501(c)(3)Madison, NJ$136,503,466
Whitworth University501(c)(3)Spokane, WA$145,297,240
Wesleyan University501(c)(3)Middletown, CT$304,957,000
Fordham University501(c)(3)Bronx, NY$933,528,802
Wake Forest University (WFU)501(c)(3)Winstonsalem, NC$583,361,532
Loyola University Chicago (LUC)501(c)(3)Chicago, IL$856,981,800
Liberty University501(c)(3)Lynchburg, VA$1,159,314,971
Samford University501(c)(3)Birmingham, AL$238,137,206
Rochester Institute of Technology (RIT)501(c)(3)Rochester, NY$846,261,436
Drexel University501(c)(3)Philadelphia, PA$1,375,999,770
Touro College501(c)(3)New York, NY$308,699,196
Illinois Institute of Technology (IIT)501(c)(3)Chicago, IL$380,049,108
Rice University501(c)(3)Houston, TX$1,130,483,738
Rensselaer Polytechnic Institute (RPI)501(c)(3)Troy, NY$591,700,082
Dartmouth College501(c)(3)Hanover, NH$1,444,207,354
Lehigh University501(c)(3)Bethlehem, PA$550,336,671
University of New Haven (UNH)501(c)(3)West Haven, CT$281,157,523
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$481,652,089
2019
Yearly growth
3.6%
% of revenues
n/a
Total expenses
$364,517,777
2019
Yearly growth
5.9%
% of expenses
n/a
Total assets
$1,548,970,427
2019
Yearly growth
8.9%
% of assets
n/a
Num. employees
4,048
2019
Yearly growth
0.7%
% of total
n/a
General information
Address
555 31ST Street
Downers Grove, IL60515
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
midwestern.edu 
Phone
(630) 515-7200
Facebook page
MidwesternUniversity 
Twitter profile
@midwesternuniv 
IRS details
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1900
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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