Overview
What is Midwestern University Properties Corp?
Midwestern University Properties Corp is a title-holding organization, acting as a fiduciary for Midwestern University, a nonprofit entity specializing in advanced and postgraduate education in the health sciences. It maintains the legal ownership of the property associated with Midwestern University, ensuring the institution's property rights are secure. This arrangement allows Midwestern University to focus on its primary mission of providing graduate-level education in various health fields.
Is Midwestern University Properties Corp legitimate?
Midwestern University Properties Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Midwestern University Properties Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Midwestern University Properties Corp?
Midwestern University Properties Corp functions as a title holding company for an exempt organization, primarily serving Midwestern University. This educational institution focuses on providing graduate and post-graduate education in the health sciences. The mission of Midwestern University Properties Corp, in essence, is to support the property ownership needs of Midwestern University, thereby enabling it to carry out its educational mission effectively. The corporation does not have a specific mission statement of its own, as its primary role is to provide title holding services.
Who is the CEO of Midwestern University Properties Corp?
Unavailable The CEO's salary of Midwestern University Properties Corp is $0 and their total compensation is $1,973,189.
What is the revenue of Midwestern University Properties Corp?
Midwestern University Properties Corp's revenue in 2022 was $502,971.
Who are the executives of Midwestern University Properties Corp and what are their salaries?
There 2 volunteers at Midwestern University Properties Corp.
Here are 7 key members and their salaries (Midwestern University Properties Corp's CEO's salary is $0 and their total compensation is $1,973,189):
- Compensation: $0
- Related: $1,758,242
- Other: $214,947
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $549,683
- Other: $57,545
- Compensation: $0
- Related: $1,093,811
- Other: $37,672
- Compensation: $0
- Related: $264,792
- Other: $45,966
- Compensation: $0
- Related: $344,909
- Other: $54,819
Where can I find the form 990 for Midwestern University Properties Corp?
Midwestern University Properties Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midwestern University Properties Corp
Midwestern University Properties Corp, functioning as a title holding company, plays a vital role in supporting Midwestern University, an exempt organization. This institution is renowned for providing graduate and post-graduate education in the health sciences. Midwestern University Properties Corp's primary mission is to safeguard the property titles for Midwestern University, ensuring the institution's physical assets are securely managed. By doing so, the corporation allows Midwestern University to focus on its core mission of delivering exceptional health sciences education. This role is crucial in enabling the university to continue its mission of shaping future healthcare professionals and contributing to the advancement of medical knowledge.
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Impact
October, 2024
Midwestern University Properties Corporation plays a significant role in supporting the mission of Midwestern University by serving as a title holding company. Its primary function is to hold the title to properties owned by the university, ensuring that the institution has the necessary physical infrastructure to facilitate its graduate and post-graduate education programs in the health sciences. This arrangement not only helps manage the university's real estate assets but also contributes to the stability and longevity of the educational environment it provides. By maintaining these properties, Midwestern University Properties Corporation supports the broader educational objectives and community improvements enabled by the university, ultimately fostering advancements in health professions training and community health outcomes.
This information is meant to be a general summary of Midwestern University Properties Corp. 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.
- Program Service Revenue: $502,971
- Gross Receipts: $502,971
Assets and Liabilities:
- Total Assets: $6,386,547
- Total Liabilities: $938,822
- Net Assets: $5,447,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT hOUSING
Revenue
$502,971
Organization Details
Founding Year
1985
Phone
(630) 515-7145Main Address
555 31st Street, Downers Grove, IL, 60515
NTEE Category
Code: S47 - Community improvement
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