Overview
What is Mcgaw Medical Center Of Northwestern University?
Mcgaw Medical Center of Northwestern University is a Chicago-based nonprofit organization dedicated to sponsoring, administering, and supporting Graduate Medical Education programs. With a workforce of approximately 1,639 employees, they oversee the coordination and administration of rotation schedules, salaries, and benefits for 1,244 FTE house staff members across 12 institutions in the metropolitan area. Their mission is to provide a supportive educational environment, ensuring routine quality assessments and a commitment of financial and physical resources for these endeavors.
Official website here: www.mcgaw.northwestern.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
McGaw Medical Center of Northwestern University has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity has an overall accountability score of 81%, which indicates a strong commitment to transparency and responsible financial practices. The center excels in areas such as financial statement oversight and has received full points in several key accountability categories, including conflict of interest and whistleblower policies.
The organization demonstrates an impressive program expense ratio of 96.06%, suggesting that a significant portion of its resources is directed towards its programs and services. Additionally, its liabilities to assets ratio of 48.69% indicates sound financial management and sustainability. These metrics highlight the center's dedication to effective resource allocation and operational integrity.
While the charity's rating is commendable, it is important for potential donors to consider that the overall score is based solely on accountability and finance. Additional information regarding the impact of its programs and services might provide a more comprehensive understanding of the organization's effectiveness. Nonetheless, McGaw Medical Center appears to be a responsible organization that prioritizes transparency and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Mcgaw Medical Center Of Northwestern University legitimate?
Mcgaw Medical Center Of Northwestern University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcgaw Medical Center Of Northwestern University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $274,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,488,776
For more financial information, click here
Official website here: www.mcgaw.northwestern.edu
What is the mission statement of Mcgaw Medical Center Of Northwestern University?
McGaw Medical Center of Northwestern University plays a significant role in sponsoring, administering, and supporting Graduate Medical Education programs. Twelve institutional members of McGaw are committed to providing a nurturing educational environment, regularly assessing quality control, and contributing presence and financial resources to these initiatives. McGaw's responsibilities include handling payroll and benefits for approximately 1,200 fellows, interns, and residents under their care. The organization's mission is geared towards ensuring the success and growth of future medical professionals.
Official website here: www.mcgaw.northwestern.edu
Who is the CEO of Mcgaw Medical Center Of Northwestern University?
Grant P Upson is the Board Chair of Mcgaw Medical Center Of Northwestern University.
Official website here: www.mcgaw.northwestern.edu
What is the revenue of Mcgaw Medical Center Of Northwestern University?
Mcgaw Medical Center Of Northwestern University's revenue in 2022 was $112,802,791.
Official website here: www.mcgaw.northwestern.edu
Who are the executives of Mcgaw Medical Center Of Northwestern University and what are their salaries?
The average compensation at Mcgaw Medical Center Of Northwestern University during 2022 was $55,987. There are 1639 employees at Mcgaw Medical Center Of Northwestern University.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $1,628,005
- Other: $0
- Compensation: $0
- Related: $1,246,436
- Other: $0
- Compensation: $0
- Related: $1,144,998
- Other: $0
- Compensation: $0
- Related: $701,005
- Other: $0
- Compensation: $0
- Related: $638,542
- Other: $0
- Compensation: $0
- Related: $592,787
- Other: $0
- Compensation: $0
- Related: $467,660
- Other: $0
- Compensation: $0
- Related: $337,611
- Other: $0
- Compensation: $0
- Related: $271,137
- Other: $0
- Compensation: $0
- Related: $121,449
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mcgaw.northwestern.edu
Where can I find the form 990 for Mcgaw Medical Center Of Northwestern University?
Mcgaw Medical Center Of Northwestern University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcgaw.northwestern.edu
Learn more at the official website: www.mcgaw.northwestern.edu
Mission Statement of Mcgaw Medical Center Of Northwestern University
McGaw Medical Center of Northwestern University is dedicated to sponsoring, administering, and supporting Graduate Medical Education programs. This nonprofit organization plays a vital role in providing a nurturing educational environment for over 1,200 fellows, interns, and residents at 12 participating institutions. Each institutional member is committed to ensuring the quality of education, conducting regular assessments, and offering a financial and physical presence to back these initiatives.
McGaw Medical Center of Northwestern University assumes responsibility for administering payroll and benefits for the medical professionals in training. By doing so, it enables these institutions to focus on delivering exceptional educational experiences and research opportunities. The organization's presence and financial resources significantly contribute to the overall success of these Graduate Medical Education programs.
In summary, McGaw Medical Center of Northwestern University serves as a critical partner and supporter for institutions engaged in Graduate Medical Education. It ensures the provision of a fostering educational environment, assesses the quality of the training programs, and offers essential financial and administrative resources, allowing these institutions to continue their mission of preparing the next generation of medical professionals.
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Impact
October, 2024
McGaw Medical Center of Northwestern University significantly enhances the landscape of graduate medical education in the Chicago metropolitan area. By sponsoring, administering, and supporting a wide array of medical education programs, McGaw plays a vital role in training the next generation of healthcare professionals.
In the past year, McGaw coordinated rotation schedules, salaries, and benefits for 1,244 full-time equivalent house staff members across 12 participating institutions. This support not only fosters a robust educational environment but also ensures that these trainees, including fellows, interns, and residents, receive the necessary resources to thrive in their medical careers.
The Center's commitment to quality control and ongoing assessment of educational practices enhances the overall effectiveness of medical training. This creates a strong framework that both nurtures emerging talent and contributes to improved patient care across the region. By providing financial resources and a supportive presence, McGaw Medical Center strengthens the healthcare workforce, ultimately benefiting the larger community it serves.
This information is meant to be a general summary of Mcgaw Medical Center Of Northwestern University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$153,073
- Program Service Revenue: $14,479,762
- Gross Receipts: $114,419,741
Assets and Liabilities:
- Total Assets: $22,002,955
- Total Liabilities: $9,823,481
- Net Assets: $12,179,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Reimbursement of Payroll & Benefits
Revenue
$14,334,965
Reimbursement of Admin Costs
Revenue
$144,797
Organization Details
Founding Year
1966
Phone
(312) 503-7975Principal Officer
Grant P Upson
Main Address
420 E Superior Street Suite 9 900, Chicago, IL, 60611
Website
www.mcgaw.northwestern.eduNTEE Category
Code: E31 - Health
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