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Midwestern University

Downers Grove, IL · EIN 36-3377698 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Midwestern University reported $555.7 million in revenue and $440.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.00 went to program services, $6.71 to management and general costs and $0.29 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.7% of the total. The highest compensation it reported for one person was $1,968,182 (PRESIDENT, CEO, TRUSTEE retired May 19, 2025). 685 people received more than $100,000 in reportable compensation. Revenue rose 16% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $441M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $556M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
6.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.3%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.15$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.9%1.1%
Program service revenue share
Part VIII 2g ÷ 12
88.7%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,968,182$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.45%1.28%
People paid over $100,000
Part VII, line 2
6858
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
53.513.3
Independent voting board members
Part VI 1a–1b
13 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$410M expenses · 100.0% of program spending · grants $8.8M · revenue $494M

Description of program service accomplishments during the fiscal year ended june 30, 2025, Midwestern University provided health sciences education services to approximately 6,308 pre-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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT, CEO, TRUSTEE retired May 19, 2025
Director/trustee, officer, 40.0 hrs/week
$1,914,851$0$53,331$1,968,182
VICE PRESIDENT & GENERAL COUNSEL - Ending September 16, 2024
Officer, 40.0 hrs/week
$1,153,908$0$49,506$1,203,414
SVP & Chief Academic Officer / Interim President, CEO, & Trustee (beg May 2025)
Director/trustee, officer, 40.0 hrs/week
$897,889$0$69,092$966,981
ASSISTANT TREASURER, CFO, VICE PRESIDENT
Officer, 40.0 hrs/week
$736,850$0$69,466$806,316
SR. VICE PRESIDENT ADMINISTRATION AND COMMUNICATIONS
Officer, 40.0 hrs/week
$702,446$0$68,773$771,219
Dean of Optometry - Ending October 28, 2024
Highest compensated employee, 40.0 hrs/week
$653,340$0$62,099$715,439
VICE PRESIDENT, CHIEF ACADEMIC OFFICER
Officer, 40.0 hrs/week
$616,006$0$69,418$685,424
Director of Construction - Ending June 10, 2024
Highest compensated employee, 40.0 hrs/week
$635,209$0$37,545$672,754

685 people received more than $100,000 in reportable compensation from Midwestern University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $10M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$556M$441M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$556M$441M93.0%$1.97B$1,968,182
FY2024 ⓘ$538M$423M92.8%$1.81B$1,878,648
FY2023 ⓘ$518M$394M93.0%$1.66B$3,043,984
FY2022 ⓘ$520M$380M92.3%$1.53B$1,973,189
FY2021 ⓘ$502M$364M93.3%$1.42B$1,920,870
FY2020 ⓘ$480M$359M91.3%$1.25B$1,749,944

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54,322
  • Volunteers Part I, line 62,876

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CHANEN CONSTRUCTION
General contractor
$51,014,954
DWL Architects Planners Inc
Architectural Services
$4,386,521
METRO CLEANING COMPANY
Janitorial services
$3,770,351
EBSCO
E-Library Services
$2,581,083
Chartwells Dining Service
Cafeteria Services
$2,234,280

Individuals listed as contractors are left out. 107 contractors were paid more than $100,000 in all.

Private foundation grants it received

10 private foundations reported grants to Midwestern University totaling $153K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Midwestern University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Midwestern University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Illinois

Questions people ask

How much of Midwestern University's spending goes to programs?

In the fiscal year ending June 30, 2025, Midwestern University reported that 93.0% of its $440.8 million in expenses went to program services, 6.7% to management and general and 0.3% to fundraising (Form 990, Part IX).

How much does Midwestern University pay its top executive?

The largest total compensation Midwestern University reported for one person in the fiscal year ending June 30, 2025 was $1,968,182, for the role of PRESIDENT, CEO, TRUSTEE retired May 19, 2025 (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Midwestern University get its money?

Of $555.7 million in revenue in the fiscal year ending June 30, 2025, 1.5% came from contributions and grants (including 0.9% from government grants) and 88.7% from program service revenue (Form 990, Part VIII).

Is Midwestern University a registered charity?

The IRS lists EIN 36-3377698 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349300113 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349312357 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349306506 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311319349305486 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241329349303024 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349300305 · read the filing

All filings for EIN 36-3377698: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.