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Northern Illinois University Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366086819 ✦ Dekalb, IL ✦ Designated as a 501(c)(3)

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Overview

What is Northern Illinois University Foundation?

The Northern Illinois University Foundation is a nonprofit organization dedicated to fostering a culture of giving within the NIU community. Their primary mission is to secure and manage private support for the benefit of Northern Illinois University. By connecting the private sector with the university, they steward resources to fuel the future growth and development of NIU, ultimately helping it become the most student-centered public research university in the Midwest.


Official website here: www.niufoundation.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 100%, Four-Star out of Four Star rating.

The Northern Illinois University Foundation has achieved a top rating of 100%, reflecting its strong commitment to accountability and financial transparency. This score is derived entirely from the Accountability & Finance category, where the foundation excels in various metrics, including a high percentage of independent board members and a robust financial oversight structure.

The foundation demonstrates fiscal responsibility, with a program expense ratio of 73.17%, indicating that a significant portion of its funds goes directly toward its programs. Additionally, its fundraising efficiency is impressive, with only $0.09 spent to raise each dollar, showcasing effective resource management. The foundation’s low liabilities to assets ratio of 8.11% and a healthy working capital ratio of 15.02 years further emphasize its financial stability.

While the foundation’s score is exemplary, potential donors may still want to consider the overall impact of its programs and how effectively it meets its mission. However, based on the financial data alone, the Northern Illinois University Foundation is positioned as a trustworthy organization dedicated to responsible management and service delivery.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Northern Illinois University Foundation?

92% of 65 reviewers on Facebook recommend the Northern Illinois University Foundation. Here is a summary of their reviews:

There is a strong sense of pride among alumni and supporters, with many expressing their love for Northern Illinois University. Reviewers appreciate the contributions the foundation makes in supporting educational programs and scholarships, emphasizing its positive impact on students' lives.

Overall, there's a consensus that the foundation does a commendable job of advancing the university's mission and fostering a supportive community for current and future students. The sentiment is overwhelmingly positive, highlighting satisfaction with the foundation's ongoing efforts.


This AI summary has been generated from reviews found on Facebook.

Is Northern Illinois University Foundation legitimate?

Northern Illinois University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Illinois University Foundation 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

For more financial information, click here


Official website here: www.niufoundation.org

What is the mission statement of Northern Illinois University Foundation?

The Northern Illinois University Foundation's mission is to foster connections between the private sector and the NIU community, with the goal of securing and managing resources to support and advance the university. This mission aims to energize giving throughout the NIU community, enabling it to thrive and achieve its goal of becoming a leading student-centered public research university in the Midwest. The foundation develops and encourages a culture of philanthropy, stewarding resources to ensure NIU's continued growth and success.


Official website here: www.niufoundation.org

Who is the CEO of Northern Illinois University Foundation?

Catherine B Squires Cfre is the Board Chair of Northern Illinois University Foundation. The CEO's salary of Northern Illinois University Foundation is $0 and their total compensation is $354,623.


Official website here: www.niufoundation.org

What is the revenue of Northern Illinois University Foundation?

Northern Illinois University Foundation's revenue in 2023 was $24,268,397.


Official website here: www.niufoundation.org

Who are the executives of Northern Illinois University Foundation and what are their salaries?

There 1334 volunteers at Northern Illinois University Foundation.


Here are 37 key members and their salaries (Northern Illinois University Foundation's CEO's salary is $0 and their total compensation is $354,623):


John Tierney (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Crocker (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Heide (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Barsema (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Boston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Brodeski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wheeler Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Crenshaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Thomas Futrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Greisman Part Year (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Kambich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Liesendahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manny Sanchez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Escalante (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Garrity (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Banks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherilyn Murer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabelle Vondra Part Year (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grant Goral (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yousuf Khan (Student Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leanne Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Paull (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sankat Patel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harlan Teller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Squires (President And Ceo, Secretary)
  • Compensation: $0
  • Related: $301,940
  • Other: $52,683
Jean Godlewski (Director Of Finance)
  • Compensation: $0
  • Related: $141,522
  • Other: $38,319
Kym Kowalski (Controller)
  • Compensation: $0
  • Related: $127,773
  • Other: $44,791
Kate Quinn (Secretary)
  • Compensation: $0
  • Related: $88,913
  • Other: $29,914
Reynaldo Bustinza (Key Employee)
  • Compensation: $0
  • Related: $179,227
  • Other: $33,646
Raymond Lowell Jackson (Key Employee)
  • Compensation: $0
  • Related: $179,227
  • Other: $40,287
Michael C Adzovic (Highest Compensated Employee)
  • Compensation: $0
  • Related: $124,863
  • Other: $44,278
Kristin Clark Miller (Highest Compensated Employee)
  • Compensation: $0
  • Related: $137,409
  • Other: $12,605
Scott Gluck (Highest Compensated Employee)
  • Compensation: $0
  • Related: $125,337
  • Other: $43,101
Elizabeth Anne Mckee (Highest Compensated Employee)
  • Compensation: $0
  • Related: $121,270
  • Other: $35,743
Timothy M Webster (Highest Compensated Employee)
  • Compensation: $0
  • Related: $108,418
  • Other: $41,758


Official website here: www.niufoundation.org

Where can I find the form 990 for Northern Illinois University Foundation?

Northern Illinois University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.niufoundation.org

Learn more at the official website: www.niufoundation.org

Mission Statement of Northern Illinois University Foundation

The Northern Illinois University Foundation (NIUF) serves as a bridge between the private sector and Northern Illinois University (NIU) community, with the mission to secure and manage private support for the benefit of the university. NIUF's role is essential in energizing and connecting the private sector with NIU, enabling the stewardship of resources that foster growth and help NIU achieve its goal of becoming the most student-centered public research university in the Midwest.

The NIU Foundation plays a pivotal part in developing, supporting, and encouraging a culture of giving within the NIU community. By securing and managing private resources, NIUF contributes significantly to the future development of NIU. The organization's initiatives aim to create a vibrant and thriving university environment, allowing NIU to reach new heights and accomplish its goals. NIUF's efforts are focused on generating support and fostering partnerships that benefit the university and its students in various ways.

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Impact




October, 2024

The Northern Illinois University Foundation plays a pivotal role in enhancing the university's mission by securing and managing private support. Its efforts focus on cultivating a culture of giving within the NIU community, which is essential for the university's vision of becoming the most student-centered public research university in the Midwest. By energizing and connecting the private sector with the university, the foundation helps to generate and steward resources that are vital for NIU's growth and future endeavors. This support not only strengthens academic programs but also enriches the overall student experience, ensuring that NIU remains a leading educational institution. Through its initiatives, the foundation significantly contributes to the sustainable development of Northern Illinois University, facilitating opportunities for students, faculty, and the broader community.




This information is meant to be a general summary of Northern Illinois University Foundation. 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.

Revenue
$24,268,397 (2023)
Expenses
$13,136,031 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $6,690,368
  • Program Service Revenue: $1,802,856
  • Gross Receipts: $24,275,530

Assets and Liabilities:

  • Total Assets: $184,924,291
  • Total Liabilities: $15,338,575
  • Net Assets: $169,585,716

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE CONTRACT

Revenue

$743,864

TRAVEL REVENUE

Revenue

$720,821

EVENT REVENUE

Revenue

$225,563

QUID PRO QUO ON GIFTS

Revenue

$112,608

Organization Details

Founding Year

1949

Principal Officer

Catherine B Squires Cfre

Main Address

ALTGELD HALL 134, DEKALB, IL, 60115

NTEE Category

Code: B110 - Education

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