Roosevelt University
501(c)(3) Donations tax-deductible
89% goes to programs $29 to raise $100 Strong reserves Declining revenue
Roosevelt University is a 501(c)(3) organization based in Chicago, Illinois, registered in 1945, with $130,360,455 in FY2023 revenue. CharityIndex grades it B+, and it directs about 89% of spending to programs.
430 S Michigan Ave, Chicago, IL, 60605 EIN 36-2167854 Since 1945
Revenue (FY2023)
$130.4M
▼ 1.1% vs prior year
Expenses (FY2023)
$144.5M
Net assets
$110.4M
Employees
1,689
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating89% to programs · $29 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 Roosevelt University: 89% to programs · $29 to raise $100 earns a B+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating9 mo reserves · -11% 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 Roosevelt University: 9 mo reserves · -11% margin earns a C+ 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 Roosevelt University: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Roosevelt University: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Roosevelt university is nationally recognized as a catalyst for students to receive transformational learning experiences through the efforts of a strong faculty dedicated to excellence in teaching, research, and creative activity and a staff equally focused on helping students grow and achieve their educational/life goals.
What they do
Roosevelt university provides support services that foster learning and student success on campus. these services include: faculty- led experiential learning opportunities, the academic success center, career services, counseling center, disability services, learning communities, health & wellness programs, international programs and tutoring.
Roosevelt university's commitment to social justice is deeply rooted in its history and is reflected in its mission, strategic plan, research and learning opportunities both in and outside of the classroom. the mansfield institute for social justice and transformation, created in 1999 through a gift from the mansfield foundation, provides roosevelt university with opportunities to integrate social justice throughout the curriculum and research. the goal of the institute is to foster social consciousness among the university community through social justice programming in the areas of human rights, social and political action and the arts. the center for new deal studies features resources and activities that deepen the understanding of the lives of franklin and eleanor roosevelt, and of the social, economic, political and cultural history of the new deal era in american history. the center sponsors a variety of educational programs, including lecture series, course offerings and publications. in addition, the center contains a remarkable collection of materials on franklin and eleanor roosevelt and the new deal. these include books, digital and photographic media, oral histories, manuscript collections and thousands of pieces of ephemera of interest to roosevelt scholars and researchers of the new deal.
Contact & location
Financial trends
Revenue declined from $154.5M (FY2013) to $130.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $282.9MNet assets $110.4M
Operating margin
-10.8%
Spent more than it raised in the latest fiscal year.
Total assets
$393.3M
Total liabilities
$282.9M
Net assets
$110.4M
Salaries & benefits
$54.8M
38% of expenses
Board members
34
28 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $130,360,455▼1.1% | $144,460,871▼6.4% | $110,405,000▲5.6% | $393,305,412▼0.5% | 990 |
| 2022 | $131,830,306▼15.9% | $154,382,202▼6.2% | $104,589,200▼14.1% | $395,467,214▼2.3% | 990 |
| 2021 | $156,710,679▼2.3% | $164,539,272▲1.9% | $121,782,570▼26.7% | $404,594,683▼12.4% | 990 |
| 2020 | $160,424,797▲11.2% | $161,499,718▲4.0% | $166,091,222▲14.9% | $461,911,353▲2.2% | 990 |
| 2019 | $144,317,728▼5.0% | $155,228,283▲3.4% | $144,533,096▲1.8% | $451,950,632▲7.0% | 990 |
| 2018 | $151,922,357▲9.7% | $150,153,060▼4.5% | $141,928,149▲0.3% | $422,474,684▲3.3% | 990 |
| 2017 | $138,465,214▼20.7% | $157,165,891▲9.1% | $141,486,320▼9.5% | $408,866,962▼7.5% | 990 |
| 2016 | $174,534,506▲11.5% | $144,054,578▼8.6% | $156,278,960▲27.0% | $441,969,417▲4.9% | 990 |
| 2014 | $156,573,208▲1.4% | $157,667,956▲2.0% | $123,084,498▼7.5% | $421,358,959▼4.6% | 990 |
| 2013 | $154,484,865 | $154,626,513▼1.8% | $133,046,937▲7.3% | $441,496,931▲2.1% | 990 |
| 2012 | — | $157,459,409▲10.6% | $124,012,875▼2.6% | $432,455,858▼1.7% | 990 |
| 2011 | — | $142,369,786▼2.0% | $127,332,600▲4.3% | $440,048,519▲0.3% | 990 |
| 2010 | — | $145,294,667▲8.0% | $122,124,768▲4.4% | $438,879,102▲4.4% | 990 |
| 2009 | — | $134,512,855 | $117,016,195 | $420,366,117 | 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: Dr Ali R Malekzadeh — $882,736 (0.61% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Ali R Malekzadeh | President & Ceo | 38 | $882,736 |
| Andrae Marak | Provost/exec Vp of Academic Affairs Until March 2024 | 38 | $261,781 |
| Arlene R Regnerus | Vp Finance/admin Cfo/treasurer | 38 | $247,529 |
| Nicole M Barron | Vp Enrolllment Advancemt and Mktg | 38 | $242,517 |
| Dr Michael D Ford | Chief of Staff- Secretary | 38 | $225,900 |
| Dr Melissa L Hogan | Co-dean College of Science Health Pharmacy | 38 | $222,494 |
| Neeraj Kumar | Vp Info Tech and Cio | 38 | $219,811 |
| Michael Jon Cassidy | Vice Presdent of Athletics | 38 | $215,542 |
| Collete English Dixon | Exec Dir Bennett Inst Re | 38 | $207,544 |
| Dr Kelly Wentz-hunter | Co Dean College of Science Health Pharmacy | 38 | $203,863 |
| Dr Asghar Sabbaghi | Former Dean Heller College of Business | 0 | $200,133 |
| Ryan J Petty | Former Dean Heller College of Business | 0 | $182,253 |
| Michael T Maly | Interim Provost Starting April 2024 | 38 | $160,176 |
| Dr Carolyn Wiley | Trustee | 38 | $133,942 |
| Dr Jason Val G Alegro | Trustee Until December 2024 | 38 | $125,764 |
| Dr Jill M Coleman | Trustee | 38 | $86,088 |
| James Iorio | Trustee | 38 | $77,074 |
| Celeste C Chamberland | Trustee Starting September 2023 | 38 | $68,665 |
| Maggie A Walker | Trustee Starting July 2023 | 18 | $9,151 |
| Anna E Roosevelt | Life Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| University Center Property LLC | Student Housing | $3,913,222 |
| Aladdin Food Management Services LLC | Contracted Food Services | $3,153,235 |
| Barnes & Noble College Booksellers LLC | Publisher | $1,102,961 |
| Abm Janitorial Services | Janitorial Services | $1,083,990 |
| Township High School District 214 | Facility Rental | $877,166 |
Grants received · $10.9M total
98 grants to Roosevelt University totaling $10.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Central Indiana Community Foundation Inc | 2023 match challenge black male leadership academy | 2024 | $355,000 |
| Ayco Charitable Foundation | Education | 2024 | $27,500 |
| American Endowment Foundation | Educational | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $18,914 |
| Greater Chicago Food Depository | Distribute to the hungry | 2024 | $18,093 |
| The Blackbaud Giving Fund | General support | 2024 | $10,000 |
| The Community Foundation Inc | University or private school | 2024 | $6,000 |
| Central Indiana Community Foundation Inc | Match challenge support for the black male leadership academy | 2023 | $150,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $42,434 |
| Donor Advised Charitable Giving | Education | 2023 | $31,325 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $28,750 |
| Ayco Charitable Foundation | Education | 2023 | $25,000 |
| Loyola University of Chicago | Early engineering learning | 2023 | $24,713 |
| American Endowment Foundation | Educational | 2023 | $20,000 |
| Trustees of Boston University | Research | 2023 | $19,380 |
Frequently asked questions
- Is Roosevelt University a legitimate nonprofit?
- Yes. Roosevelt University is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-2167854, based in Chicago, Illinois. Donations are tax-deductible.
- What is Roosevelt University's EIN?
- Roosevelt University's Employer Identification Number (EIN) is 36-2167854.
- How much revenue does Roosevelt University report?
- Roosevelt University reported $130,360,455 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Roosevelt University's spending goes to programs?
- Roosevelt University spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Roosevelt University have?
- CharityIndex grades Roosevelt University B+, based on program efficiency and fundraising cost.
- How much does Roosevelt University's highest-paid employee make?
- The highest reported compensation on Roosevelt University's latest Form 990 is $882,736, paid to Dr Ali R Malekzadeh (President & Ceo).
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Data for Roosevelt University (EIN 36-2167854) 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.