Mcgaw Medical Center of Northwestern University
501(c)(3) Donations tax-deductible
96% goes to programs $0 to raise $100 Growing revenue
Mcgaw Medical Center of Northwestern University is a 501(c)(3) organization based in Chicago, Illinois, registered in 1971, with $128,071,643 in FY2023 revenue. CharityIndex grades it B+, and it directs about 96% of spending to programs.
420 E Superior St 9-900, Chicago, IL, 60611 EIN 36-2656113 Since 1971
Revenue (FY2023)
$128.1M
▲ 6.9% vs prior year
Expenses (FY2023)
$127.9M
Net assets
$12.0M
Employees
1,697
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating96% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mcgaw Medical Center of Northwestern University: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mcgaw Medical Center of Northwestern University: 1 mo reserves · +0% margin earns a C+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mcgaw Medical Center of Northwestern University: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mcgaw Medical Center of Northwestern University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mcgaw sponsors, administers and supports graduate medical education programs. each mcgaw institutional member provides a supportive educational environment, routine assessment of quality control, and commitment of presence and financial resources to support these endeavors. these include administering payroll and benefits for over 1,200 fellows, interns and residents at 12 participating institutions.
Contact & location
Financial trends
Revenue grew from $76.9M (FY2013) to $128.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $11.4MNet assets $12.0M
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$23.4M
Total liabilities
$11.4M
Net assets
$12.0M
Salaries & benefits
$124.0M
97% of expenses
Board members
6
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $128,071,643▲6.9% | $127,920,706▲6.6% | $12,042,876▲2.6% | $23,438,001▲2.4% | 990 |
| 2022 | $119,851,628▲6.2% | $119,994,355▲6.2% | $11,737,727▼3.6% | $22,880,272▲4.0% | 990 |
| 2021 | $112,802,791▲2.8% | $112,943,593▲4.8% | $12,179,474▼4.0% | $22,002,955▲1.8% | 990 |
| 2020 | $109,728,056▲6.1% | $107,754,198▲4.8% | $12,688,196▲36.6% | $21,606,214▲16.4% | 990 |
| 2019 | $103,406,916▲6.7% | $102,829,526▲6.4% | $9,285,648▲7.4% | $18,567,050▲6.1% | 990 |
| 2018 | $96,955,939▲4.5% | $96,666,540▲5.1% | $8,644,213▲2.0% | $17,501,268▼2.6% | 990 |
| 2017 | $92,806,026▲4.6% | $92,006,484▲4.5% | $8,471,302▲12.8% | $17,960,532▲10.6% | 990 |
| 2016 | $88,714,872▲6.8% | $88,027,514▲6.2% | $7,509,648▲13.1% | $16,239,787▲14.4% | 990 |
| 2015 | $83,042,832▲3.0% | $82,895,904▲3.5% | $6,639,538▲0.7% | $14,191,419▼1.6% | 990 |
| 2014 | $80,660,723▲4.9% | $80,122,880▲4.5% | $6,591,181▲7.8% | $14,421,243▲10.1% | 990 |
| 2013 | $76,869,129 | $76,682,458▲3.2% | $6,115,298▲9.7% | $13,101,721▼71.8% | 990 |
| 2012 | — | $74,324,719▲5.5% | $5,573,316▲12.1% | $46,401,924▲1.7% | 990 |
| 2011 | — | $70,418,245▼0.5% | $4,970,211▲7.3% | $45,617,418▲396% | 990 |
| 2010 | — | $70,781,691▲2.4% | $4,631,021▲20.3% | $9,188,769▲8.8% | 990 |
| 2009 | — | $69,100,191 | $3,849,320 | $8,447,326 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Eric Neilson Md | Board Chair | 4 | — |
| Estella Alonso Md | Board Member | 3 | — |
| Farzaneh Sorond Md | Board Member | 3 | — |
| Gary Noskin Md | Board Member | 3 | — |
| Grant Upson | Assistant Treasurer & Secretary | 4 | — |
| Heather Campbell | Treasurer | 4 | — |
| James Adams Md | Vice Chair | 4 | — |
| Joshua Goldstein Md | Vice President | 4 | — |
| Marianne Green Md | President | 4 | — |
| Nancy Paridy Jd | Board Member | 3 | — |
| Nancy Parlapiano | Executive Director of Graduate Medical Education | 40 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ernst & Young | Payroll & Acctg Svcs | $679,107 |
Grants received · $11K total
1 grant to Mcgaw Medical Center of Northwestern University totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | To support covid-19 response | 2019 | $11,000 |
Frequently asked questions
- Is Mcgaw Medical Center of Northwestern University a legitimate nonprofit?
- Yes. Mcgaw Medical Center of Northwestern University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2656113, based in Chicago, Illinois. Donations are tax-deductible.
- What is Mcgaw Medical Center of Northwestern University's EIN?
- Mcgaw Medical Center of Northwestern University's Employer Identification Number (EIN) is 36-2656113.
- How much revenue does Mcgaw Medical Center of Northwestern University report?
- Mcgaw Medical Center of Northwestern University reported $128,071,643 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Mcgaw Medical Center of Northwestern University's spending goes to programs?
- Mcgaw Medical Center of Northwestern University spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mcgaw Medical Center of Northwestern University have?
- CharityIndex grades Mcgaw Medical Center of Northwestern University B+, based on program efficiency and fundraising cost.
- How much does Mcgaw Medical Center of Northwestern University's highest-paid employee make?
- The highest reported compensation on Mcgaw Medical Center of Northwestern University's latest Form 990 is $0, paid to Eric Neilson Md (Board Chair).
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Data for Mcgaw Medical Center of Northwestern University (EIN 36-2656113) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.