Midwestern University
93% goes to programs $10 to raise $100 Strong reserves
Midwestern University is a 501(c)(3) organization based in Downers Grove, Illinois, registered in 1996, with $537,500,528 in FY2023 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
555 31st St, Downers Grove, IL, 60515 EIN 36-3377698 Since 1996
Revenue (FY2023)
$537.5M
▲ 3.7% vs prior year
Education median: $200K
Expenses (FY2023)
$422.8M
Net assets
$1.8B
Employees
4,247
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs · $10 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 Midwestern University: 93% to programs · $10 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating51 mo reserves · +21% 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 Midwestern University: 51 mo reserves · +21% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 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 Midwestern University: 6 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 Midwestern University: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
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.
Contact & location
- Address
- 555 31st St, Downers Grove, IL, 60515
- City
- Downers Grove
- State
- Illinois
- Category
- Education
- Subcategory
- Graduate & Professional Schools
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $333.4M (FY2013) to $537.5M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $279.1MNet assets $1.8B
Operating margin
21.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$279.1M
Net assets
$1.8B
Salaries & benefits
$268.6M
64% of expenses
Board members
16
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $537,500,528▲3.7% | $422,759,778▲7.4% | $1,811,720,154▲9.0% | $2,090,861,127▲7.7% | 990 |
| 2022 | $518,091,233▼0.3% | $393,667,514▲3.7% | $1,661,997,416▲8.9% | $1,942,110,046▲6.9% | 990 |
| 2021 | $519,542,731▲3.6% | $379,788,171▲4.2% | $1,525,495,687▲7.7% | $1,816,520,106▲5.4% | 990 |
| 2020 | $501,547,069▲4.5% | $364,341,797▲1.6% | $1,416,008,247▲13.6% | $1,723,437,982▲10.2% | 990 |
| 2019 | $479,773,396▼0.4% | $358,608,193▼1.6% | $1,246,451,366▲10.7% | $1,563,955,425▲1.0% | 990 |
| 2018 | $481,652,089▲3.6% | $364,517,777▲5.9% | $1,126,414,034▲10.4% | $1,548,970,427▲8.9% | 990 |
| 2017 | $464,714,826▲9.8% | $344,242,055▲7.1% | $1,019,918,494▲13.5% | $1,422,394,557▲6.3% | 990 |
| 2016 | $423,398,687▲11.5% | $321,514,427▲7.5% | $898,579,172▲15.2% | $1,338,466,897▲9.2% | 990 |
| 2015 | $379,832,387▲3.7% | $298,985,393▲9.3% | $780,188,564▲10.0% | $1,225,417,084▲5.7% | 990 |
| 2014 | $366,362,551▲9.9% | $273,604,337▲13.2% | $709,551,802▲14.0% | $1,159,741,570▲6.4% | 990 |
| 2013 | $333,385,769 | $241,632,693▲13.6% | $622,300,714▲17.7% | $1,090,309,024▲15.1% | 990 |
| 2012 | — | $212,651,986▲7.5% | $528,616,297▲22.3% | $947,050,869▲10.3% | 990 |
| 2011 | — | $197,745,509▲16.8% | $432,274,253▲15.2% | $858,730,838▲15.3% | 990 |
| 2010 | — | $169,362,018▲16.7% | $375,092,982▲24.1% | $744,604,492▲14.5% | 990 |
| 2009 | — | $145,103,604 | $302,319,066 | $650,240,817 | 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)
Highest-paid: Kathleen H Goeppinger Phd — $1,826,086 (0.43% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathleen H Goeppinger Phd | President, Ceo, Trustee | 40 | $1,826,086 |
| Joshua C Baker Od Ms | Sr. Vice President & Chief Academic Officer | 40 | $904,333 |
| Matthew J Sweeney CPA | Assistant Treasurer, Cfo, Vice President | 40 | $708,646 |
| Angela Marty Ma Phr | Sr. Vice President Administration and Communications | 40 | $661,285 |
| Ross J Kosinski Phd | Dean Student Services - Last Day of Work Dec 15, 2023 | 40 | $650,853 |
| Kyle H Ramsey Phd | Vice President & Chief Academic Officer - Last Day of Work June 30, 2023 | 0 | $624,693 |
| Barbara L Mccloud Esq | Vice President & General Counsel | 40 | $608,699 |
| Yir Gloria Yueh Phd | Vice President, Chief Academic Officer | 40 | $573,326 |
| Harold J Haering Dmd | Dean, College of Dental Medicine - Illinois | 40 | $569,579 |
| Lori A Kemper Do | Dean of Medicine - Az | 40 | $555,970 |
| Thomas A Boyle Do | Dean of Medicine - Il | 40 | $552,669 |
| Mitchell R Emerson Phd | Dean, Colleges of Pharmacy | 40 | $546,006 |
| Daniel Tapia Edd | Vice President of Operations | 40 | $528,147 |
| Kaila M Dougherty Od Faao | Vice President, Clinic Operations | 40 | $502,820 |
| Amy Gibson Ms Phr Shrm-scp | Vice President, Human Resources Ganizational Development | 40 | $474,002 |
| Gregory L O'coyne CPA | Vice President, Finance | 40 | $464,769 |
| Mary Lee Pharm D | Vice President, Assistant To the President | 40 | $316,720 |
| Victoria B Franks Madm | Vice President, Multicultural Affairs and Community Outreach | 40 | $194,947 |
| Chara Reid-reed Pharm D | Trustee | 1 | — |
| Gregory J Gaus | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Chanen Construction | General Contractor | $12,128,458 |
| Epic Systems Corporation | Healthcare Management Software/services | $7,188,989 |
| Metro Cleaning Company | Janitorial Services | $3,762,326 |
| Dwl Architects Planners Inc | Architectural Services | $3,155,564 |
| Chartwells Dining Service | Cafeteria Services | $2,432,024 |
Grants received · $3.6M total
44 grants to Midwestern University totaling $3.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Petsmart Charities Inc | Access to care | 2024 | $25,000 |
| Mayo Clinic Group Return | Support charitable purpose | 2024 | $24,939 |
| Alzheimers Disease and Related Disorders Association Inc | Program support | 2023 | $249,946 |
| The Childrens Hospital of Philadelphia | Research | 2023 | $197,895 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $128,700 |
| Northwestern University | Support of research activities | 2023 | $71,504 |
| University of Pittsburgh | Research- subcontract | 2023 | $21,633 |
| The Childrens Hospital of Philadelphia | Research | 2022 | $95,466 |
| Mayo Clinic Group Return | Support charitable purpose | 2022 | $12,665 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $150,600 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $150,600 |
| Petsmart Charities Inc | Vet school | 2021 | $113,355 |
| Arizona Community Foundation | Program support | 2021 | $34,560 |
| Northwestern University | Support of research activities | 2021 | $10,995 |
| Petsmart Charities Inc | Access to care, vet school | 2020 | $217,195 |
Grants made · $62K in FY2023
3 grants totaling $62K in FY2023. All grants made by Midwestern University →
| Recipient | Purpose | Amount |
|---|---|---|
| Arizona Veterans Research and Education Foundation | Educational support | $35,000 |
| Indian American Medical Assn Il Charitable Foundation Inc | General support | $20,000 |
| Health and Medicine Policy Research Group | Schweitzer fellows program | $6,500 |
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Frequently asked questions
- Is Midwestern University a legitimate nonprofit?
- Yes. Midwestern University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-3377698, based in Downers Grove, Illinois. Donations are tax-deductible.
- What is Midwestern University's EIN?
- Midwestern University's Employer Identification Number (EIN) is 36-3377698.
- How much revenue does Midwestern University report?
- Midwestern University reported $537,500,528 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Midwestern University's spending goes to programs?
- Midwestern University spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Midwestern University have?
- CharityIndex grades Midwestern University A+, based on program efficiency and fundraising cost.
- How much does Midwestern University's highest-paid employee make?
- The highest reported compensation on Midwestern University's latest Form 990 is $1,826,086, paid to Kathleen H Goeppinger Phd (President, Ceo, Trustee).
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Data for Midwestern University (EIN 36-3377698) 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.