Midwestern University

Organization Overview

Midwestern University is located in Downers Grove, IL. The organization was established in 1996. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, Midwestern University employed 3,779 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwestern 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, Midwestern University generated $501.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $364.3m during the year ending 06/2021. While expenses have increased by 3.3% 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MIDWESTERN UNIVERSITY DEDICATES THE INSTITUTION AND ITS RESOURCES TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE TO MEET THE EDUCATIONAL NEEDS OF THE HEALTH CARE COMMUNITY.

Describe the Organization's Program Activity:

DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2021, MIDWESTERN UNIVERSITY PROVIDED HEALTH SCIENCES EDUCATION SERVICES TO APPROXIMATELY 6,856 PRE-DOCTORAL STUDENTS AND 18 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 CLINICS OPERATED AT THE ARIZONA AND/OR THE ILLINOIS CAMPUSES INCLUDE DENTAL INSTITUTES, EYE INSTITUTES, MULTISPECIALTY PRACTICES, THERAPY INSTITUTE, AND ANIMAL HEALTH INSTITUTE 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, 2021, MWU PATIENTS PAID $23,146,000 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, 2021 WERE $1,476,000 AT STATED PATIENT SERVICE CHARGES. HAD MWU CHARGED USUAL AND CUSTOMARY FEES, THE VALUE OF THE DISCOUNTS WOULD HAVE BEEN $2,795,000.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chanen Construction
General Contractor
$38,164,450
Metro Cleaning Company
Janitorial Services
$3,460,873
Building Services Of America
Janitorial Services
$1,516,269
Ebsco
E-library Services
$909,854
Dwl Architects Planners Inc
Architectural
$1,318,762
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,903,964
All other contributions, gifts, grants, and similar amounts not included above$3,384,890
Noncash contributions included in lines 1a–1f $368,451
Total Revenue from Contributions, Gifts, Grants & Similar$9,288,854
Total Program Service Revenue$472,501,679
Investment income $6,558,720
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,326,132
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $501,547,069

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Midwestern University has recieved totaling $234,466.

Awarding OrganizationAmount
Bhhs Legacy Foundation

Phoenix, AZ

PURPOSE: Vision Medical Assistance Program

$50,000
The Lakeview Foundation Inc

Thiensville, WI

PURPOSE: GENERAL SUPPORT

$50,000
Arizona Community Foundation

Phoenix, AZ

PURPOSE: PROGRAM SUPPORT

$34,560
Institute Of Medicine Of Chicago

Chicago, IL

PURPOSE: SEE FORM 990, PAGE 2

$30,000
Wellness Foundation

Wilmington, DE

PURPOSE: DRS RESHMI AND MAHMOOD SIDDIQUE SCHOLARSHIP FUND

$25,000
American Dental Partners Foundation Inc

Effingham, IL

PURPOSE: STUDENT SCHOLARSHIPS

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,335,602
Earnings$667,946
Admin Expense$102,156
Net Contributions$2,407,653
Other Expense$219,790
Grants$1,268,598
Ending Balance$19,820,657

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