North Park University

Organization Overview

North Park University is located in Chicago, IL. The organization was established in 1942. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, North Park University employed 1,298 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. North Park University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, North Park University generated $94.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $92.9m during the year ending 06/2021. While expenses have increased by 0.9% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NORTH PARK UNIVERSITY IS AN ACCREDITED INSTITUTION OF HIGHER EDUCATION. THE UNIVERSITY OFFERS OVER 65 UNDERGRADUATE MAJORS AND CONCENTRATIONS OF STUDY, PRE-PROFESSIONAL PROGRAMS, AND CERTIFICATES. THE UNIVERSITY ALSO HAS A VARIETY OF GRADUATE DEGREE PROGRAMS OFFERED THROUGH THE SCHOOL OF BUSINESS AND NON-PROFIT MANAGEMENT, SCHOOL OF NURSING, SCHOOL OF EDUCATION, AND SCHOOL OF MUSIC. THE UNIVERSITY'S SCHOOL OF PROFESSIONAL STUDIES OFFERS AN UNDERGRADUATE DEGREE COMPLETION PROGRAM AS WELL AS A GRADUATE DEGREE IN COUNSELING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTH PARK UNIVERSITY PROVIDED UNDERGRADUATE AND GRADUATE DEGREE PROGRAMS TO APPROXIMATELY 2,922 STUDENTS DURING THE YEAR. OF THIS TOTAL, APPROXIMATELY 1,759 STUDENTS WERE UNDERGRADUATES AND 1,163 WERE GRADUATE AND ADULT STUDENTS. THE UNIVERSITY OFFERED 45 UNDERGRADUATE DEGREE MAJORS PLUS 25 CONCENTRATIONS AND PRE-PROFESSIONAL PROGRAMS. THE UNIVERSITY ALSO OFFERED GRADUATE DEGREE PROGRAMS IN BUSINESS ADMINISTRATION, NURSING, EDUCATION, CLINICAL MENTAL HEALTH COUNSELING, MUSIC, AND THEOLOGY. IN ADDITION, THE UNIVERSITY ALSO PROVIDED RESIDENTIAL LIVING FOR APPROXIMATELY 705 STUDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sentinel Technologies
It Solutions
$729,520
Chicago Commercial Construction
Construction
$491,556
Aramark Corp
Food Service Provider
$1,876,270
Imperial Service Systems
Facility Maint/cleaning Svc
$855,966
Indianapolis Star
News / Advertising
$588,906
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,000,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,109,486
Noncash contributions included in lines 1a–1f $127,454
Total Revenue from Contributions, Gifts, Grants & Similar$15,109,486
Total Program Service Revenue$69,624,286
Investment income $3,290,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $179,928
Net Gain/Loss on Asset Sales $6,290,309
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $94,494,659

Grants Recieved

Over the last fiscal year, we have identified 5 grants that North Park University has recieved totaling $26,700.

Awarding OrganizationAmount
Bjorkman Foundation

Carol Stream, IL

PURPOSE: UNIVERSITY SCHOLARSHIPS

$10,000
Bjorkman Foundation

Carol Stream, IL

PURPOSE: SEMINARY SCHOLARSHIPS

$9,000
Bjorkman Foundation

Carol Stream, IL

PURPOSE: AR & AE BJORKMAN SCHOLARSHIP

$5,200
Bjorkman Foundation

Carol Stream, IL

PURPOSE: AXELSON CENTER FOR NONPROFIT MGMT

$1,500
Carol Wilson And G William Cotts Foundation

Burr Ridge, IL

PURPOSE: GENERAL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$76,326,518
Earnings$20,702,569
Admin Expense$188,297
Net Contributions$3,210,873
Other Expense$2,195,000
Grants$2,921,258
Ending Balance$94,935,405

Peer Organizations

Organization NameAssets
Depaul University
Chicago, IL
$903,291,560
Loyola University Of Chicago
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$813,555,821
Marquette University
Milwaukee, WI
$679,500,550
Illinois Institute Of Technology
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$396,565,185
Butler University
Indianapolis, IN
$355,703,084
Drake University
Des Moines, IA
$252,974,293
Bradley University
Peoria, IL
$238,646,085
The Lutheran University Association Inc
Valparaiso, IN
$192,641,554
University Of Indianapolis
Indianapolis, IN
$207,052,087
Webster University
St Louis, MO
$161,315,329
Maryville University Of St Louis
St Louis, MO
$183,271,161
Roosevelt University
Chicago, IL
$160,424,797

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