Overview
What is Midwestern University?
Midwestern University is a renowned nonprofit institution with a commitment to academic excellence, as encapsulated in its historical and sustaining philosophy. With a workforce of over 3,800 employees, it operates campuses in Illinois and Arizona, providing health sciences education to approximately 6,900 pre-doctoral and 18 post-doctoral students. Its extensive curriculum covers various disciplines such as medicine, dentistry, optometry, physical therapy, and veterinary medicine. Midwestern University continues its research and training programs, receiving federal and private funding. Its clinics offer valuable healthcare services, providing discounted care worth $23.4 million and free care for low-income individuals, totaling $1.1 million in fiscal year 2022. The clinics operate at reduced fees, resulting in savings of $23.4 million in patient service fees for Midwestern University patients.
Official website here: www. midwestern.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Midwestern University has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization achieved a perfect score in several key areas, including a high proportion of independent board members and robust financial oversight mechanisms. This demonstrates the university's dedication to responsible governance and effective management of resources.
The university's impressive financial metrics, such as a program expense ratio of 92.84%, indicate that a significant majority of its funds are allocated towards its programs rather than administrative costs. Additionally, it has no reported material diversions of assets, further highlighting its financial integrity. The presence of comprehensive policies like conflict of interest and whistleblower protections reinforces its commitment to ethical standards and accountability.
While the data showcases numerous strengths, there is no specific mention of the impact of its programs or services provided to the community. This could limit a deeper understanding of how effectively those resources translate into positive outcomes for its beneficiaries. Overall, the rating reflects a strong organizational foundation, with a focus on good governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Midwestern University legitimate?
Midwestern University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwestern 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: $6,854,686
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,823,596
For more financial information, click here
Official website here: www. midwestern.edu
What is the mission statement of Midwestern University?
Midwestern University is dedicated to upholding the highest standards of academic excellence to cater to the educational needs of the healthcare community. With a historical and sustaining philosophy, the institution channels its resources towards offering a wide range of health education programs. These programs encompass fields such as medicine, dentistry, optometry, and graduate education, amongst others. Midwestern University prioritizes research and training, with support from federal and private funding. The university's clinics provide substantial discounted care, valued at over $23 million, and offer free care to eligible low-income individuals, amounting to an additional $1 million in discounts. The clinics aim to meet a wide range of healthcare needs and serve as clinical teaching sites.
Official website here: www. midwestern.edu
Who is the CEO of Midwestern University?
Unavailable The CEO's salary of Midwestern University is $1,758,242 and their total compensation is $1,973,189.
Official website here: www. midwestern.edu
What is the revenue of Midwestern University?
Midwestern University's revenue in 2022 was $519,542,731.
Official website here: www. midwestern.edu
Who are the executives of Midwestern University and what are their salaries?
The average compensation at Midwestern University during 2022 was $48,710. There are 3853 employees and 3071 volunteers at Midwestern University.
Here are 35 key members and their salaries (Midwestern University's CEO's salary is $1,758,242 and their total compensation is $1,973,189):
- Compensation: $1,093,811
- Related: $0
- Other: $37,672
- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $1,758,242
- Related: $0
- Other: $214,947
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- Compensation: $301,015
- Related: $0
- Other: $38,239
- Compensation: $528,795
- Related: $0
- Other: $57,274
- Compensation: $604,523
- Related: $0
- Other: $42,670
- Compensation: $325,399
- Related: $0
- Other: $40,069
- Compensation: $549,683
- Related: $0
- Other: $57,545
- Compensation: $264,792
- Related: $0
- Other: $45,966
- Compensation: $658,317
- Related: $0
- Other: $60,231
- Compensation: $193,582
- Related: $0
- Other: $36,425
- Compensation: $639,610
- Related: $0
- Other: $50,971
- Compensation: $629,881
- Related: $0
- Other: $57,468
- Compensation: $298,200
- Related: $0
- Other: $29,728
- Compensation: $344,909
- Related: $0
- Other: $54,819
- Compensation: $510,073
- Related: $0
- Other: $53,092
- Compensation: $541,429
- Related: $0
- Other: $57,025
- Compensation: $526,585
- Related: $0
- Other: $50,058
- Compensation: $539,389
- Related: $0
- Other: $49,683
- Compensation: $525,409
- Related: $0
- Other: $55,994
- Compensation: $643,770
- Related: $0
- Other: $35,261
Official website here: www. midwestern.edu
Where can I find the form 990 for Midwestern University?
Midwestern University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www. midwestern.edu
Learn more at the official website: www. midwestern.edu
Mission Statement of Midwestern University
Midwestern University, a dedicate institution, upholds the highest standards of academic excellence to cater to the educational needs of the healthcare community. Established on this philosophy, the University channels its resources towards offering top-tier health sciences education to an impressive number of approximately 6,900 pre-doctoral students and 18 post-doctoral scholars annually. With campuses situated in Illinois and Arizona, Midwestern University provides a diverse range of health education programs, encompassing fields such as medicine, pharmacy, physician assistance, physical therapy, and veterinary medicine, among others. The institution's commitment to academic excellence extends to its research and training programs, which receive support from both federal and private funding.
Midwestern University's clinical services, a significant aspect of its mission, deliver discounted and free care to patients. During the fiscal year ended June 30, 2022, these clinics provided $23.4 million less in patient service fees than usual and customary charges, a testament to the University's dedication to affordable healthcare. Furthermore, a discount program based on federal poverty guidelines allows low-income individuals to access free care, contributing a total of $1.1 million in stated patient service charges towards the discounts during the same period. By offering reduced fees and free care, Midwestern University shapes its healthcare assistance to be accessible and affordable to a broader population.
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Impact
October, 2024
Midwestern University plays a vital role in advancing healthcare education and services across its campuses in Illinois and Arizona. With approximately 6,759 pre-doctoral students and 18 post-doctoral students enrolled, the university offers a diverse range of health education programs, including medicine, pharmacy, physical therapy, and veterinary medicine, among others.
The institution excels not only in academic instruction but also in practical health service delivery. Its clinical facilities, including dental and eye institutes, provide affordable care, significantly reducing the financial burden on patients. During the fiscal year ending June 30, 2022, the value of discounted patient care amounted to $23.4 million, and an additional $2 million in free care was provided to those in need, emphasizing the university's commitment to community health and accessibility.
Furthermore, Midwestern University is proactive in addressing the continuing education needs of healthcare professionals, enhancing workforce readiness and fostering ongoing professional development. The university's contributions are further supported by research and training programs backed by federal and private funding, ensuring that it remains at the forefront of healthcare education and innovation. Through these efforts, Midwestern University not only enriches the educational landscape but also significantly impacts healthcare delivery in the communities it serves.
This information is meant to be a general summary of Midwestern 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: $18,899,754
- Program Service Revenue: $479,422,019
- Gross Receipts: $1,561,253,872
Assets and Liabilities:
- Total Assets: $1,816,520,106
- Total Liabilities: $291,024,419
- Net Assets: $1,525,495,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$445,023,352
POST-DOCTORATE PROGRAM
Revenue
$230,806
CLINICAL REVENUE
Revenue
$29,287,708
STUDENT HOUSING
Revenue
$4,880,153
Organization Details
Founding Year
1900
Phone
(630) 515-7307Main Address
555 31ST STREET, DOWNERS GROVE, IL, 60515
Website
www. midwestern.eduNTEE Category
Code: B500 - Education
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