2023-05-11T19:37:14+00:00 2022-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2021-07-01 363377698 Midwestern University MIDW 6305157307 555 31ST STREET DOWNERS GROVE IL 60515 KATHLEEN GOEPPINGER PRESIDENT AND CEO 6305157145 2023-05-11 true KATHLEEN H GOEPPINGER 999009999 JENNIFER BURKE P01342224 3128997000 2021 2023-04-26 12:10:37Z KATHLEEN H GOEPPINGER PHD 555 31ST STREET DOWNERS GROVE IL 60515 1561253872 false X WWW. MIDWESTERN.EDU X 1900 IL MIDWESTERN UNIVERSITY DEDICATES THE INSTITUTION AND ITS RESOURCES TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE TO MEET THE EDUCATIONAL NEEDS OF THE HEALTH CARE COMMUNITY. 17 14 3853 3071 31801 0 9288854 19470266 472501679 479422019 17884852 18899754 1871684 1750692 501547069 519542731 6029021 8791349 0 235940579 240338106 0 551554 122372197 130658716 364341797 379788171 137205272 139754560 1723437982 1816520106 307429735 291024419 1416008247 1525495687 MIDWESTERN UNIVERSITY'S HISTORICAL AND SUSTAINING PHILOSOPHY DEDICATES THE INSTITUTION AND ITS RESOURCES TO THE HIGHEST STANDARDS OF ACADEMIC EXCELLENCE TO MEET THE EDUCATIONAL NEEDS OF THE HEALTH CARE COMMUNITY. false false 350591056 8791349 480803751 DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2022, MIDWESTERN UNIVERSITY PROVIDED HEALTH SCIENCES EDUCATION SERVICES TO APPROXIMATELY 6,759 PRE-DOCTORAL STUDENTS AND 18 POST-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 GRADUATE EDUCATION PROGRAMS IN MEDICINE, AS WELL AS CONTINUING EDUCATION FOR STAFF AND ALUMNI. MIDWESTERN UNIVERSITY CONTINUED ITS RESEARCH AND TRAINING PROGRAMS WITH THE SUPPORT OF FEDERAL AND PRIVATE FUNDING. MIDWESTERN UNIVERSITY CLINICS VALUE OF DISCOUNTED CARE PROVIDED $23,414,000 VALUE OF FREE CARE PROVIDED $2,034,000 THE MIDWESTERN UNIVERSITY CLINICS OPERATED AT THE ARIZONA AND/OR THE ILLINOIS CAMPUSES INCLUDE DENTAL INSTITUTES, EYE INSTITUTES, MULTISPECIALTY PRACTICES, THERAPY INSTITUTE, AND ANIMAL HEALTH INSTITUTE DESIGNED TO PROVIDE CLINICAL TEACHING SITES AND MEET A WIDE-RANGE OF HEALTHCARE NEEDS OF AREA PATIENTS. IN ACCORDANCE WITH THE UNIVERSITY'S ACADEMIC MISSION, THE FEE SCHEDULES AT THE TWO DENTAL INSTITUTES HAVE BEEN REDUCED TO APPROXIMATELY 50% OR MORE OF USUAL AND CUSTOMARY CHARGES. AS A RESULT, DURING FISCAL YEAR ENDED JUNE 30, 2022, MWU PATIENTS PAID $23,414,000 LESS IN PATIENT SERVICE FEES THAN THEY WOULD HAVE HAD MWU CHARGED USUAL AND CUSTOMARY FEES. ALSO, THE UNIVERSITY HAS A DISCOUNT PROGRAM WHEREBY LOW INCOME INDIVIDUALS CAN APPLY FOR FREE CARE AT MWU CLINICS BASED ON THE FEDERAL POVERTY GUIDELINES. THE TOTAL DISCOUNTS IN FISCAL YEAR ENDED JUNE 30, 2022 WERE $1,067,000 AT STATED PATIENT SERVICE CHARGES. HAD MWU CHARGED USUAL AND CUSTOMARY FEES, THE VALUE OF THE DISCOUNTS WOULD HAVE BEEN $2,034,000. 350591056 true true false true false false false true true true false false false true false false true true false true false false false true false false true true true true false false false false false false false false false true true false false false false true true true true false true 9390 0 true 3853 true true true false false false false true true false false false false true false X 17 14 false false false false false false false true true false false true true true true true true true true false X MATTHEW SWEENEY CPA 6305157307 555 31ST STREET DOWNERS GROVE IL 60515 GREGORY J GAUS CFO & Senior VP (thru 07/31/2021), Trustee (as of 12/7/2021) 40.0 1.0 X X 1093811 0 37672 JANET R BOLTON CFP CIMA VICE CHAIRPERSON/TRUSTEE 1.0 0.0 X X 0 0 0 JOHN LADOWICZ SECRETARY/TREASURER/TRUSTEE 1.0 1.0 X X 0 0 0 KATHLEEN H GOEPPINGER PHD PRESIDENT/CEO/TRUSTEE 40.0 1.0 X X 1758242 0 214947 Sr ANNE C LEONARD CHAIRPERSON/TRUSTEE 1.0 0.0 X X 0 0 0 BARBARA J RALSTON TRUSTEE 1.0 0.0 X 0 0 0 CHARA REID-REED Trustee 1.0 0.0 X 0 0 0 JEAN L BAXTER JD TRUSTEE 1.0 1.0 X 0 0 0 KENNETH R HERLIN TRUSTEE 1.0 0.0 X 0 0 0 KEVIN D LEAHY TRUSTEE 1.0 1.0 X 0 0 0 MADELINE R LEWIS DO TRUSTEE 1.0 1.0 X 0 0 0 MARILYN KENT TAPAJNA TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J BLEND PHD DO TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL P KAMRADT TRUSTEE 1.0 0.0 X 0 0 0 RONALD D TUCKER TRUSTEE 1.0 0.0 X 0 0 0 STEVEN R CHANEN TRUSTEE 1.0 0.0 X 0 0 0 WARREN B GRAYSON TRUSTEE 1.0 1.0 X 0 0 0 AMY GIBSON VICE PRESIDENT, HUMAN RESOURCES & ORGANIZATIONAL DEVELOPMENT 40.0 0.0 X 301015 0 38239 ANGELA MARTY MS SR. VP ADMINISTRATION AND COMMUNICATIONS 40.0 0.0 X 528795 0 57274 BARBARA L MCCLOUD ESQ VP & GENERAL COUNSEL 40.0 0.0 X 604523 0 42670 DANIEL TAPIA VICE PRESIDENT OF OPERATIONS 40.0 0.0 X 325399 0 40069 DEAN P MALONE VP, SPECIAL ASSISTANT FOR FINANCE 40.0 1.0 X 549683 0 57545 GREGORY L O'COYNE VP FINANCE 40.0 1.0 X 264792 0 45966 JOSHUA C BAKER SR. VP AND CAO 40.0 0.0 X 658317 0 60231 KAILA M DOUGHERTY VICE PRESIDENT, CLINIC OPERATIONS 40.0 0.0 X 193582 0 36425 KATHLEEN N PLAYER EDD VP CAO HEALTH SCIENCES 40.0 0.0 X 639610 0 50971 KYLE H RAMSEY PHD VP & CAO, COLLEGE OF GRADUATE STUDIES 40.0 0.0 X 629881 0 57468 MARY LEE PHARM D VP / ASSISTANT TO THE PRESIDENT 40.0 0.0 X 298200 0 29728 MATTHEW J SWEENEY ASSISTANT TREASURER/CFO/VP 40.0 1.0 X 344909 0 54819 LORI A KEMPER DO DEAN OF MEDICINE 40.0 0.0 X 510073 0 53092 MITCHELL R EMERSON DEAN COLLEGES OF PHARMACY 40.0 0.0 X 541429 0 57025 PAUL B SMITH DDS DEAN DENTAL MEDICINE 40.0 0.0 X 526585 0 50058 ROSS J KOSINSKI PHD DEAN STUDENT SERVICES 40.0 0.0 X 539389 0 49683 THOMAS A BOYLE DO DEAN OF MEDICINE 40.0 0.0 X 525409 0 55994 KAREN D JOHNSON PHD VP UNIVERSITY RELATIONS - Last Day of Work 6/4/2021 0.0 0.0 X 643770 0 35261 11477414 0 1125137 594 true true false CHANEN CONSTRUCTION 3300 N THIRD ST PHOENIX AZ 85067 GENERAL CONTRACTOR 12933294 METRO CLEANING COMPANY 8349 W DESERT SPOON Peoria AZ 85383 JANITORIAL SERVICES 3560354 EBSCO 10 ESTES STREET IPSWICH MA 01938 E-LIBRARY SERVICES 2218521 Building Services of America 10216 Werch Drive Woodridge IL 60517 Janitorial Services 1412597 Sentinel Technologies Inc 2550 Warrenville Road Downers Grove IL 60515 Information Technology Soulutions Services & Support 1372073 68 210779 8496485 10763002 59460 19470266 TUITION & FEES 611310 445023352 445023352 POST-DOCTORATE PROGRAM 611310 230806 230806 CLINICAL REVENUE 621400 29287708 29287708 STUDENT HOUSING 721310 4880153 4880153 0 0 0 0 479422019 10284382 31801 10252581 0 0 1046211057 4061617 1041645201 12101 4565856 4049516 8615372 8615372 18429 210779 47460 -29031 -29031 2571 6379 -3808 -3808 CO-FUNDED FACULTY 561499 751331 751331 STUDENT LOAN INTEREST 561499 163006 163006 Misc Student Fees 561499 264244 264244 604950 203151 0 401799 1783531 519542731 480803751 31801 19236913 41459 41459 8749890 8749890 6854686 3358801 3495885 180823596 170897841 9590535 335220 15512846 14551035 937820 23991 25145667 23677364 1431678 36625 12001311 11148316 831718 21277 816831 504127 312704 601927 60193 541734 258215 258215 1319679 79239 1240440 13146741 11585921 1557620 3200 771225 625069 146156 23656206 21595186 2018000 43020 2791410 2703408 88002 7027794 6796895 230899 986276 779201 204078 2997 984253 964477 18900 876 2504714 2419969 84745 41720962 40834395 886567 4649567 2459539 2186699 3329 CLINICAL FACULTY SERVICES 7899243 7899243 STUDENT HOUSING EXPENSE 5238152 5238152 EDUCATION EXPENSE 1812435 1805924 6511 BOOKS & PERIODICALS 2607144 2606361 783 11865942 9209051 2575872 81019 379788171 350591056 28645561 551554 59303683 54298900 1325278 1523562 6806077 5877993 0 0 0 0 3343966 1932393 5582213 5152783 1198453436 469437297 747809715 729016139 781472237 881612718 58891126 78956642 33072389 30075667 25831298 28073309 1723437982 1816520106 49097316 52126716 1165252 1429452 53634567 54004249 157489715 138662651 0 0 46042885 44801351 307429735 291024419 X 1396187590 1496479764 19820657 29015923 1416008247 1525495687 1723437982 1816520106 X 139754560 -32944337 2677217 X false true X true true true X 6360319 4745623 6100212 9288854 19470266 45965274 0 0 0 0 0 0 0 0 0 0 0 0 6360319 4745623 6100212 9288854 19470266 45965274 5418428 40546846 8251863 14340203 11719022 6558720 10284382 51154190 0 0 0 0 0 0 3195376 3089093 2891846 1871684 1804531 12852530 109971994 2309048279 0.3687 0.3521 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - CO-FUNDED FACULTY, COLUMN A - 1101578.0, COLUMN B - 1076213.0, COLUMN C - 998048.0, COLUMN D - 796461.0, COLUMN E - 751331.0, COLUMN F - 4723631.0; DESCRIPTION - STUDENT LOAN INTEREST, COLUMN A - 648918.0, COLUMN B - 669528.0, COLUMN C - 556509.0, COLUMN D - 170245.0, COLUMN E - 163006.0, COLUMN F - 2208206.0; DESCRIPTION - FOOD SERVICES, COLUMN A - 212714.0, COLUMN B - 207733.0, COLUMN C - 109074.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 529521.0; DESCRIPTION - BOOKSTORE REVENUE, COLUMN A - 20415.0, COLUMN B - 14048.0, COLUMN C - 16195.0, COLUMN D - 8959.0, COLUMN E - 12902.0, COLUMN F - 72519.0; DESCRIPTION - WASHING MACHINE REVENUE, COLUMN A - 15749.0, COLUMN B - 14474.0, COLUMN C - 11599.0, COLUMN D - 9465.0, COLUMN E - 6553.0, COLUMN F - 57840.0; DESCRIPTION - CAMPUS RENTAL, COLUMN A - 37638.0, COLUMN B - 35450.0, COLUMN C - 31075.0, COLUMN D - 39825.0, COLUMN E - 13575.0, COLUMN F - 157563.0; DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 358432.0, COLUMN B - 298526.0, COLUMN C - 499864.0, COLUMN D - 360199.0, COLUMN E - 53665.0, COLUMN F - 1570686.0; DESCRIPTION - CREDIT CARD FEE REVENUE SHARE, COLUMN A - 164072.0, COLUMN B - 173788.0, COLUMN C - 165876.0, COLUMN D - 102609.0, COLUMN E - 129152.0, COLUMN F - 735497.0; DESCRIPTION - MISC STUDENT FEES, COLUMN A - 153048.0, COLUMN B - 110683.0, COLUMN C - 101026.0, COLUMN D - 145207.0, COLUMN E - 264244.0, COLUMN F - 774208.0; DESCRIPTION - CONTINUING MEDICAL EDUCATION REVENUE, COLUMN A - 144913.0, COLUMN B - 180690.0, COLUMN C - 111921.0, COLUMN D - 144228.0, COLUMN E - 180226.0, COLUMN F - 761978.0; DESCRIPTION - ALUMNI ASSOCIATION DUES, COLUMN A - 35007.0, COLUMN B - 30616.0, COLUMN C - 3588.0, COLUMN D - 23250.0, COLUMN E - 22925.0, COLUMN F - 115386.0; DESCRIPTION - LIBRARY SERVICES, COLUMN A - 66230.0, COLUMN B - 57635.0, COLUMN C - 30665.0, COLUMN D - 18386.0, COLUMN E - 27636.0, COLUMN F - 200552.0; DESCRIPTION - LATE CHARGES, COLUMN A - 8937.0, COLUMN B - 13479.0, COLUMN C - 11259.0, COLUMN D - 16157.0, COLUMN E - 31672.0, COLUMN F - 81504.0; DESCRIPTION - CONVENIENCE CHARGE REVENUE, COLUMN A - 6868.0, COLUMN B - 5205.0, COLUMN C - 3637.0, COLUMN D - 929.0, COLUMN E - 3703.0, COLUMN F - 20342.0; DESCRIPTION - MWU STUDENT SICK VISIT REVENUE, COLUMN A - 98745.0, COLUMN B - 99090.0, COLUMN C - 152442.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 350277.0; DESCRIPTION - FITNESS PROGRAM REVENUE, COLUMN A - 0.0, COLUMN B - 23666.0, COLUMN C - 5905.0, COLUMN D - 455.0, COLUMN E - 4870.0, COLUMN F - 34896.0; DESCRIPTION - VENDING MACHINES REVENUE, COLUMN A - 0.0, COLUMN B - 5798.0, COLUMN C - 3354.0, COLUMN D - 0.0, COLUMN E - 5596.0, COLUMN F - 14748.0; DESCRIPTION - ALUMNI EVENTS, COLUMN A - 0.0, COLUMN B - 700.0, COLUMN C - 5700.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 6400.0; DESCRIPTION - PENALTY CHARGES, COLUMN A - 0.0, COLUMN B - 282.0, COLUMN C - 6489.0, COLUMN D - -3435.0, COLUMN E - 321.0, COLUMN F - 3657.0; DESCRIPTION - PARKING FINES, COLUMN A - 0.0, COLUMN B - 4266.0, COLUMN C - 4780.0, COLUMN D - 470.0, COLUMN E - 5745.0, COLUMN F - 15261.0; DESCRIPTION - RETURNED CHECK FEES, COLUMN A - 0.0, COLUMN B - -55.0, COLUMN C - -255.0, COLUMN D - -210.0, COLUMN E - -30.0, COLUMN F - -550.0; DESCRIPTION - COPY CENTER CHGS, COLUMN A - 0.0, COLUMN B - 1568.0, COLUMN C - 1161.0, COLUMN D - 880.0, COLUMN E - 914.0, COLUMN F - 4523.0; DESCRIPTION - LATE-FEE HEALTH INSURANCE, COLUMN A - 0.0, COLUMN B - 3535.0, COLUMN C - 6265.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 9800.0; DESCRIPTION - INSURANCE PREMIUM INCOME, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 37604.0, COLUMN E - 105525.0, COLUMN F - 143129.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 122112.0, COLUMN B - 62175.0, COLUMN C - 55669.0, COLUMN D - 0.0, COLUMN E - 18429.0, COLUMN F - 258385.0; DESCRIPTION - GROSS INCOME FROM GAMING ACTIVITIES, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 2571.0, COLUMN F - 2571.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false false false false true 2000 false true 256215 258215 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY SCHEDULE C, PART II-B, LINE 1A MIDWESTERN UNIVERSITY STUDENTS ATTEND NATIONAL DO DAY ON CAPITOL HILL REPRESENTING THEIR PROFESSION. DO'S EDUCATE MEMBERS OF CONGRESS AND THEIR STAFF ABOUT OSTEOPATHIC MEDICINE AND COMMUNICATE THEIR POSITIONS ON IMPORTANT HEALTH POLICY ISSUES WHERE APPROPRIATE. SCHEDULE C, PART II-B, LINE 1G IN THE ORDINARY COURSE OF ITS BUSINESS, THE UNIVERSITY MAY HAVE DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS OR A LEGISLATIVE BODY ON A VARIETY OF LEGISLATIVE MATTERS DIRECTLY RELATED TO AND AFFECTING THE UNIVERSITY'S OPERATIONS and EDUCATIONAL PURPOSES. SCHEDULE C, PART II-B, LINE 1I THE UNIVERSITY ENGAGES TWO PART-TIME THIRD PARTY LOBBYISTS IN ORDER TO MONITOR LEGISLATIVE MATTERS RELATED TO THE UNIVERSITY'S OPERATIONS AND EDUCATIONAL PURPOSE. THE AMOUNT INCLUDED IN PART II-B, LINE 1I ARE RELATED DIRECTLY TO SUCH PURPOSES. false false 19820657 10192308 710553 1238698 228744 240153 29015923 18335602 2407653 667946 1268598 219790 102156 19820657 16883400 1452202 2082715 1380209 592469 110037 18335602 15890604 1693165 499403 2064057 -1008728 144443 16883400 14182221 2349733 473646 549573 543466 21957 15890604 0.0 0.3143 0.6857 false false 28365737 28365737 987781012 332186534 655594478 174220368 137250763 36969605 8086319 8086319 729016139 OTHER CURRENT LIABILITIES 6713324 SELF-INSURANCE LIABILITIES 10761323 REFUNDABLE FEDERAL STUDENT LOAN 18793030 RETIREE BENEFITS 5762936 DEFERRED COMPENSATION Lease Obligation 2304785 Interest Rate Protection Agreements 465953 44801351 Schedule D, Part V, Line 4 Intended uses of endowment funds RESTRICTED ENDOWMENT FUNDS ARE USED BASED ON DONOR INTENT. THE UNIVERSITY HAS NOT RELIED ON ENDOWMENT SPENDING TO SUPPORT OPERATIONS OR STUDENT SCHOLARSHIPS. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY MIDWESTERN UNIVERSITY MAINTAINS NONDISCRIMINATORY POLICIES FOR ALL STUDENTS REGARDLESS OF RACE, COLOR, GENDER, GENDER IDENTITY, GENETIC INFORMATION, SEX, SEXUAL ORIENTATION, RELIGION, NATIONAL ORIGIN, ETHNIC ORIGIN, DISABILITY, STATUS AS A VETERAN, MARITAL STATUS, PREGNANCY STATUS, OR AGE. THE NONDISCRIMINATORY POLICIES ARE PUBLISHED IN THE FOLLOWING: 1) THE AACOMAS (AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE) 2) STUDENT HANDBOOK 3) COURSE CATALOG 4) WEB PAGE Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT MIDWESTERN UNIVERSITY RECEIVED FEDERAL RESEARCH AWARDS AND PARTICIPATES IN FEDERAL LOAN PROGRAMS. Central America and the Caribbean 0 0 Investments N/A 55031000 0 0 0 0 0 0 55031000 0 55031000 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual Downers Grove Golf Outing 55445 47036 8409 1646 2806 19984 2126 Glendale Golf Outing 173763 163743 10020 0 3630 12905 4363 0 229208 210779 18429 1646 6436 32889 6489 47460 -29031 true Indian American Medical Association Charitable Foundation 2645 West Peterson Ave Chicago IL 60659 393910201 501 (c)(3) 20000 Book To advance the charitable mission of providing free primary healthcare to under served and under privileged members of the community. 1 0 HIGHER EDUCATION EMERGENCY RELIEF FUND 6751 6064350 STUDENT SCHOLARSHIPS, AWARDS, & GRANTS 287 1953518 STUDENT NEED-BASED SCHOLARSHIPS 110 694300 STUDENT LOAN FORGIVENESS 29 37722 Schedule I, Part III, Column (a) LINE 1: TYPE OF GRANT During the fiscal year ending June 30, 2022, Midwestern University elected to give $6.064 million in HEERF funds to the University's students as need based grants. These funds were given to the University as part of the CARES Act's Higher Education Emergency Relief Fund (HEERF). These funds were intended to provide financial relief and to be applied as emergency operational funds to universities, and as cash grants to students for expenses related to disruptions to their education due to COVID-19, including course material, technology, food, housing, healthcare, and childcare. Schedule I, Part III, Column (a) LINE 4: TYPE OF GRANT STUDENT LOAN FORGIVENESS - MIDWESTERN UNIVERSITY FROM TIME TO TIME FORGIVES THE LOANS OF FORMER STUDENTS DUE TO BANKRUPTCY, DEATH AND/OR DISABILITY. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. MIDWESTERN UNIVERSITY AWARDS ITS INSTITUTIONAL SCHOLARSHIPS TO QUALIFIED STUDENTS BASED ON FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND COMMUNITY SERVICE. EACH SCHOLARSHIP PROGRAM HAS DIFFERENT ELIGIBILITY REQUIREMENTS, APPLICATION DEADLINES AND SEPARATE APPLICATION PROCEDURES. APPLICATIONS FOR THESE SCHOLARSHIPS ARE ACCEPTED THROUGHOUT THE YEAR. SCHOLARSHIP AWARDS CAN RANGE FROM A FEW HUNDRED DOLLARS TO SEVERAL THOUSAND DOLLARS. ONCE THE SCHOLARSHIP RECIPIENT HAS BEEN SELECTED AND THE SCHOLARSHIP AWARD DETERMINED, THE OFFICE OF STUDENT FINANCIAL SERVICES IS NOTIFIED BY THE SCHOLARSHIP COMMITTEE OR DEPARTMENT. THE SCHOLARSHIP AWARD IS CREDITED TO THE STUDENT'S ACCOUNT. THE UNIVERSITY HAS WRITTEN POLICIES AND PROCEDURES AND MAINTAINS RECORDS FOR GRANT AND SCHOLARSHIPS AWARDED TO ITS STUDENTS. X X X true true X X X X true true false false false false false false false KATHLEEN H GOEPPINGER PHD PRESIDENT/CEO/TRUSTEE 880804 0 633992 0 243446 0 196200 0 18747 0 1973189 0 0 0 GREGORY J GAUS CFO & Senior VP (thru 07/31/2021), Trustee (as of 12/7/2021) 641216 0 347044 0 105551 0 29000 0 8672 0 1131483 0 0 0 JOSHUA C BAKER SR. VP AND CAO 459884 0 139397 0 59036 0 29000 0 31231 0 718548 0 0 0 KATHLEEN N PLAYER EDD VP CAO HEALTH SCIENCES 441436 0 126642 0 71532 0 29000 0 21971 0 690581 0 0 0 KYLE H RAMSEY PHD VP & CAO, COLLEGE OF GRADUATE STUDIES 429942 0 127659 0 72280 0 29000 0 28468 0 687349 0 0 0 BARBARA L MCCLOUD ESQ VP & GENERAL COUNSEL 431291 0 94775 0 78457 0 29000 0 13670 0 647193 0 0 0 DEAN P MALONE VP, SPECIAL ASSISTANT FOR FINANCE 377797 0 112473 0 59413 0 29000 0 28545 0 607228 0 0 0 ANGELA MARTY MS SR. VP ADMINISTRATION AND COMMUNICATIONS 358204 0 121441 0 49150 0 29000 0 28274 0 586069 0 0 0 MATTHEW J SWEENEY ASSISTANT TREASURER/CFO/VP 342807 0 0 0 2102 0 29000 0 25819 0 399728 0 0 0 DANIEL TAPIA VICE PRESIDENT OF OPERATIONS 323413 0 0 0 1986 0 29000 0 11069 0 365468 0 0 0 AMY GIBSON VICE PRESIDENT, HUMAN RESOURCES & ORGANIZATIONAL DEVELOPMENT 298116 0 0 0 2899 0 29000 0 9239 0 339254 0 0 0 MARY LEE PHARM D VP / ASSISTANT TO THE PRESIDENT 265259 0 0 0 32941 0 26560 0 3168 0 327928 0 0 0 GREGORY L O'COYNE VP FINANCE 263634 0 0 0 1158 0 25577 0 20389 0 310758 0 0 0 KAILA M DOUGHERTY VICE PRESIDENT, CLINIC OPERATIONS 192460 0 0 0 1122 0 20526 0 15899 0 230007 0 0 0 MITCHELL R EMERSON DEAN COLLEGES OF PHARMACY 376182 0 112375 0 52872 0 29000 0 28025 0 598454 0 0 0 ROSS J KOSINSKI PHD DEAN STUDENT SERVICES 383534 0 91806 0 64049 0 29000 0 20683 0 589072 0 0 0 THOMAS A BOYLE DO DEAN OF MEDICINE 378797 0 89571 0 57041 0 29000 0 26994 0 581403 0 0 0 PAUL B SMITH DDS DEAN DENTAL MEDICINE 396208 0 69361 0 61016 0 29000 0 21058 0 576643 0 0 0 LORI A KEMPER DO DEAN OF MEDICINE 380713 0 66819 0 62541 0 29000 0 24092 0 563165 0 0 0 KAREN D JOHNSON PHD VP UNIVERSITY RELATIONS - Last Day of Work 6/4/2021 595884 0 0 0 47886 0 29000 0 6261 0 679031 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel THE UNIVERSITY ALLOWS FOR FIRST CLASS TRAVEL FOR ITS President/CEO, SR VP/CFO, SR VP/CAO, AND THE SR. VP OF ADMINISTRATION AND COMMUNICATIONS AND ALLOWS FOR OTHER KEY EMPLOYEES WITH RESPONSIBILITIES ON BOTH CAMPUSES TO PURCHASE FIRST CLASS UPGRADES. FIRST CLASS TRAVEL IS NOT CONSIDERED COMPENSATION. Schedule J, Part I, Line 1a Tax indemnification and gross-up payments THE UNIVERSITY PROVIDES CERTAIN OFFICERS AND EMPLOYEES WITH TAX GROSS UP PAYMENTS. FOR TWO EMPLOYEES, THE UNIVERSITY PROVIDES A TAX GROSS UP ON CAR ALLOWANCES. THE UNIVERSITY ALSO PROVIDES A CURRENT PAYMENT IN LIEU OF A CONTRIBUTION TO ITS QUALIFIED RETIREMENT PLAN TO EMPLOYEES WHOSE COMPENSATION EXCEEDS CODE LIMITS ON CONTRIBUTIONS TO THE QUALIFIED PLANS. GROSS UPS ARE PAID ON SUCH PAYMENTS TO ACCOUNT FOR THE FACT THAT SUCH PAYMENTS ARE NOT SUBJECT TO DEFERRAL AND OTHER TAX BENEFITS ASSOCIATED WITH QUALIFIED RETIREMENT PLANS. THE UNIVERSITY PROVIDES TUITION ASSISTANCE TO ALL LEVELS OF EMPLOYEES WHOSE DEPENDENTS ATTEND THE UNIVERSITY. THIS BENEFIT IS TAXABLE AND INCLUDES A TAX GROSS UP PAYMENT. NO ONE LISTED ON SCHEDULE J PART II RECEIVED THE BENEFIT IN CALENDAR YEAR 2021. Schedule J, Part I, Line 1a Health or social club dues or initiation fees IN 2016, THE UNIVERSITY PAID SOCIAL/COUNTRY CLUB DUES FOR THE CEO AS PROVIDED FOR IN THE CEO'S EMPLOYMENT CONTRACT. THE SOCIAL CLUB DUES PAID IN 2016 COVERED A MULTI-YEAR MEMBERSHIP. THE CLUB IS USED FOR BUSINESS PURPOSES ONLY AND IS THEREFORE NOT TAXABLE TO THE INDIVIDUAL. THE UNIVERSITY PAID ADMIRAL CLUB DUES FOR CERTAIN OFFICERS AND EMPLOYEES WHO TRAVEL BETWEEN GLENDALE, ARIZONA AND DOWNERS GROVE, ILLINOIS. THESE DUES ARE NOT TAXABLE TO THE INDIVIDUAL. LISTED ON SCHEDULE J, PART II, RECIPIENTS WHO RECEIVED THE BENEFIT: DEAN MALONE, VP OF FINANCE $550 ANGELA MARTY, VP, HUMAN RESOURCES AND ADMIN $550 KATHY PLAYER, VP, CAO HEALTH SCIENCES $500 JOSHUA BAKER, VP, CAO OPTOMETRY, PHARMACY, AND VETERINARY Education $550 BARBARA L. MCCLOUD ESQ, VP & GENERAL COUNSEL $500 MATTHEW J SWEENEY, ASSISTANT TREASURER/CFO/SENIOR VP $600 DANIEL TAPIA, VICE PRESIDENT OF OPERATIONS $650 GREGORY L O'COYNE, VP FINANCE $625 KYLE RAMSEY, VP & CAO, COLLEGE OF GRADUATE STUDIES $650 Schedule J, Part I, Line 4a Severance or change-of-control payment Karen D. Johnson, $33,599 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE MIDWESTERN UNIVERSITY SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN II (THE "PLAN"), EFFECTIVE JUNE 30, 2017, HAS BEEN ESTABLISHED FOR THE BENEFIT OF DR. KATHLEEN H. GOEPPINGER, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER ("CEO") OF THE UNIVERSITY. THE PLAN IS INTENDED TO PROVIDE THE CEO WITH A TARGET RETIREMENT BENEFIT FOR HER SERVICE WITH MWU FOR THE PERIOD BEGINNING ON HER 65TH BIRTHDAY AND ENDING ON HER 75TH BIRTHDAY BASED UPON HER AVERAGE COMPENSATION FOR THE THREE CONSECUTIVE CALENDAR YEARS OF THIS PERIOD DURING WHICH HER COMPENSATION IS THE HIGHEST, WITH A LEVEL OF ANNUAL ACCRUALS APPROXIMATING 82.5% OF MARKET, AND OFFSETS BY OTHER RETIREMENT PLANS. THE BENEFIT VESTS IN TWO INSTALLMENTS FOLLOWING THE CEO'S 70TH AND 75TH BIRTHDAYS RESPECTIVELY, EACH DETERMINED WITH APPROPRIATE PROJECTIONS, CALCULATIONS AND RE-CALCULATIONS AS REQUIRED. THE CONSULTING FIRM OF KORN FERRY WAS RETAINED TO CONSTRUCT A PROPOSAL TO ESTABLISH THE PLAN AND TO REVIEW THE PRESIDENT AND CEO 'S TOTAL COMPENSATION, THE RESULTS OF WHICH WERE REVIEWED AND APPROVED BY BOTH THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES AND THE FULL BOARD OF TRUSTEES. DURING CALENDAR YEAR ENDED DECEMBER 31, 2021, $167,200 WAS ACCRUED BY THE UNIVERSITY FOR THE PROVISION OF RETIREMENT BENEFITS UNDER THE PLAN. THIS AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN C. THIS REPRESENTS ONE FIFTH OF THE AMOUNT THAT WILL BE PAID AFTER HER 75TH BIRTHDAY. IN FEBRUARY OF 2018, THE FIRST INSTALLMENT PAYABLE UNDER THE PLAN OF $836,000 WAS PAID TO DR. GOEPPINGER. Schedule J, Part I, Line 7 DETERMINATION OF BONUS & INCENTIVE COMPENSATION LISTED OFFICERS AND DEANS CAN RECEIVE AT-RISK COMPENSATION WHICH IS A PERCENTAGE OF THEIR BASE COMPENSATION AS ADDITIONAL COMPENSATION, BASED UPON ATTAINMENT OF VARIOUS PREDETERMINED PERFORMANCE RELATED GOALS FOR THE INDIVIDUALS INVOLVED, ALL AS REFLECTED IN COMPREHENSIVE WRITTEN PERFORMANCE APPRAISALS, AND AT RISK INCENTIVE GOALS. A GLENDALE AZ IDA SERIES 2013 BONDS 521767454 000000000 2013-11-13 106430000 SEE SCHEDULE K, PART VI false false false B GLENDALE AZ IDA SERIES 2020 BONDS 521767454 378286KP2 2020-03-25 54577881 SEE SCHEDULE K PART VI false false false C GLENDALE AZ IDA SERIES 2022 BONDS 521767454 378286LE6 2022-03-24 29049366 SEE SCHEDULE K PART VI false false false A 43410000 0 106430000 0 0 0 0 0 0 30000000 76430000 0 2013 true false true true B 7305000 0 54578575 5198194 0 0 0 0 0 0 49380381 0 2020 true false true true C 4034366 0 29049366 0 0 0 0 0 0 0 29049366 0 2022 true false true true A false false true true true true 0.0 0.0 0.0 false false true B false false true true true true 0.0 0.0 0.0 false false true C false false true true true true 0.0 0.0 0.0 false false true A false false false true true false false false true B false false false true false true ROYAL BANK OF CANADA 3.2 true true false false true C false true false false false true Royal Bank of Canada 1.8 false true false false true A true B true C true Schedule K, Part I, Column (f) Line A - Description of purpose PROCEEDS FROM THE SALE OF THE BONDS WERE USED TO REIMBURSE FOR PROJECTS ASSOCIATED WITH THE PROGRAMS AND CAMPUS EXPANSIONS OF THE UNIVERSITY AND THE PROCEEDS WERE ALSO USED TO REFUND THE REMAINING AMOUNT OF THE SERIES 2008 BONDS ISSUED ON MAY 15, 2008 AND THE SERIES 2011 BONDS ISSUED SEPTEMBER 28, 2011. Schedule K, Part I, Column (f) Line B - Description of purpose PROCEEDS FROM THE SALE OF THE BONDS WERE USED TO REFUND THE REMAINING AMOUNT OF THE SERIES 2010 BONDS ISSUED ON MAY 27, 2010. Schedule K, Part I, Column (f) Line C - Description of purpose PROCEEDS FROM THE SALE OF THE BONDS WERE USED TO REFUND THE REMAINING AMOUNT OF THE SERIES 2007 BONDS ISSUED ON APRIL 18, 2007. Schedule K, Part II, Line 3 Total proceeds of issue TOTAL AMOUNT OF BOND PROCEEDS IS DIFFERENT FROM THE BOND ISSUE PRICE REPORTED ON SCHEDULE K, PART I, COLUMN (E) BECAUSE OF THE ADDITION OF INVESTMENT EARNINGS. Schedule K, Part III, Line 3b Bond counsel review of management or service contracts MIDWESTERN UNIVERSITY UTILIZES BOND COUNSEL TO REVIEW ANY MANAGEMENT OR SERVICE CONTRACTS RELATING TO THE BOND FINANCED PROPERTY. Schedule K, Part III, Line 3c Private business use MIDWESTERN UNIVERSITY UTILIZES THE BOND-FINANCED FACILITIES TO CONDUCT RESEARCH SPONSORED BY CHARITABLE ORGANIZATIONS CREATED PURSUANT TO SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. TO OUR KNOWLEDGE, THIS RESEARCH FALLS WITHIN THE EXEMPT PURPOSES OF SUCH SPONSORS AND, ACCORDINGLY, WOULD NOT BE TREATED AS PRIVATE BUSINESS USE OF THE FINANCED PROPERTY. Schedule K, Part III, Line 3d Bond counsel review of research agreements MIDWESTERN UNIVERSITY UTILIZES BOND COUNSEL TO REVIEW ANY RESEARCH AGREEMENTS RELATING TO THE BOND FINANCED PROPERTY. Schedule K, Part IV, Line 2c COLUMN A Issuer name: GLENDALE, AZ IDA SERIES 2013 BONDS The calculation for computing no rebate due was performed on 11/13/2022 Schedule K, Part IV, Line 2c COLUMN B Issuer name: GLENDALE, AZ IDA SERIES 2020 BONDS The calculation for computing no rebate due was performed on 03/25/2022 CHANEN CONSTRUCTION COMPANY INC SEE SCHEDULE L, PART V 12130477 GENERAL CONTRACTING false Schedule L, Part IV INTERESTED PERSON: CHANEN CONSTRUCTION COMPANY, INC. RELATIONSHIP: STEVEN R CHANEN IS THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF CHANEN CONSTRUCTION COMPANY, INC. AND A MEMBER OF THE BOARD OF TRUSTEES OF MIDWESTERN UNIVERSITY. CHANEN CONSTRUCTION COMPANY, INC. HAS PROVIDED GENERAL CONTRACTING SERVICES ON NUMEROUS MAJOR UNIVERSITY CONSTRUCTION PROJECTS OVER MANY YEARS. TRANSACTION: THE UNIVERSITY PAYS CHANEN CONSTRUCTION COMPANY, INC. AS THE GENERAL CONTRACTOR FOR UNIVERSITY CONSTRUCTION PROJECTS. THE AMOUNTS LISTED ON SCHEDULE L, COLUMN (C) THAT ARE REFERRED TO HERE ARE FOR THOSE SERVICES DURING THE TAXABLE YEAR. MR. CHANEN WAS ELECTED TO THE UNIVERSITY'S BOARD OF TRUSTEES AS OF JANUARY 16, 2015. UNDER THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, MR. CHANEN DOES NOT PARTICIPATE IN THE APPROVAL BY THE BOARD OF TRUSTEES OF THE UNIVERSITY'S CONTRACTING AGREEMENTS WITH CHANEN CONSTRUCTION FOR ANY OF THE SERVICES PROVIDED BY CHANEN CONSTRUCTION. ARRANGEMENTS BETWEEN CHANEN CONSTRUCTION AND THE UNIVERSITY HAVE ALWAYS BEEN AND CONTINUE TO BE CONDUCTED ON AN ARMS LENGTH, FAIR MARKET VALUE BASIS. X 11 2510 Market value X 25500 Other X Two OMM Tables 2 1000 Market value X Two Narcomed anesthesia machines 2 24000 Market value X HostGator-One Year Grandfathered Comodo PositiveSSL Certificate renewal 1 39 Market value X HostGator website domain name and privacy protection renewal 1 32 Market value X Raffle Items - Fundraising 58 6379 Market value 0 false true false Schedule M, Part I, Line 31 Review of nonstandard contributions FOR THE TYPE OF PROPERTY ON SCHEDULE M, PART I, COLUMN B, THE UNIVERSITY REPORTS THE NUMBER OF ITEMS RECEIVED DURING THE YEAR. THE UNIVERSITY HAS AN ACCEPTANCE POLICY FOR NON-STANDARD CONTRIBUTIONS, WHICH IS REVIEWED BY MANAGEMENT. Schedule M, Part I Explanations of reporting method for number of contributions Books and publications - Number of items received Art - Works of art - NUMBER OF ITEMS RECEIVED Other - Two OMM Tables Number of items Other - Two Narcomed anesthesia machines Number of items Other - HostGator-One Year Grandfathered Comodo PositiveSSL Certificate renewal Number of items Other - HostGator website domain name and privacy protection renewal Items Other - Raffle Items - Fundraising Number of contributions Form 990, Part I, Line 6 NUMBER OF VOLUNTEERS NUMBER OF VOLUNTEERS CONSISTS PRIMARILY OF ADJUNCT/VOLUNTEER (UNCOMPENSATED) FACULTY PROVIDING TEACHING SERVICES FOR THE UNIVERSITY'S VARIOUS HEALTHCARE EDUCATIONAL SERVICES (3,055), AS WELL AS UNCOMPENSATED MEMBERS OF THE BOARD OF TRUSTEES (16). Form 990, Part IV, Line 9 PART IV, LINE 9 AND SCHEDULE D, PART IV CREDIT COUNSELING, DEBT MANAGEMENT SERVICES THE UNIVERSITY ANSWERED "YES" AT FORM 990, PART IV, LINE 9, ONLY BECAUSE IT PROVIDES CREDIT COUNSELING, DEBT MANAGEMENT SERVICES TO ITS STUDENTS IN CONJUNCTION WITH ITS STUDENT LOAN/FINANCIAL AID PROGRAMS. SCHEDULE D, PART IV REQUESTS NO INFORMATION PERTAINING TO THESE SERVICES. Form 990, Part VI, Line 13 WHISTLEBLOWER POLICY THE UNIVERSITY BOARD OF TRUSTEES ANNUALLY APPROVE THE WRITTEN WHISTLEBLOWER POLICY THAT IS IN PLACE. THE UNIVERSITY HAS IMPLEMENTED POLICIES AND PROCEDURES ENCOURAGING EMPLOYEES TO COME FORWARD (WHETHER THROUGH AN OPEN DOOR POLICY OR A CONFIDENTIAL PHONE LINE IN THE PRESIDENT AND CEO OFFICES) WITH INFORMATION ON VARIOUS IMPROPER ACTIVITIES. THE POLICY SPECIFIES THAT THE INDIVIDUALS WILL BE PROTECTED FROM RETALIATION, IDENTIFIES STAFF AND MANAGEMENT PERSONNEL TO WHOM SUCH INFORMATION CAN BE REPORTED, AND ASSURES THAT SUCH INFORMATION WILL BE REVIEWED AND ACTED UPON BY MANAGEMENT AS APPROPRIATE. Form 990, Part VI, Line 14 DOCUMENT RETENTION AND DESTRUCTION POLICY MIDWESTERN UNIVERSITY HAS A BOARD OF TRUSTEE APPROVED WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee consists of the Chairperson of the Board of Trustees, the Vice Chairperson of the Board of Trustees, the Secretary, the Treasurer, and the President and CEO of the University. The duty of the Executive Committee is to transact the business of the Board of Trustees between meetings of the Board, but the designation of such committee and the delegation thereto of authority shall not operate to relieve the Board of Trustees, or any individual Trustee, of any responsibility imposed by law. All actions of the Executive Committee shall be deemed to be the actions of the Board of Trustees and shall be reported to the Board of Trustees at its next meeting. The Executive Committee shall be vested with and may in its discretion exercise the full powers, duties, responsibilities, and authority of the Board of Trustees except where prohibited by law. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS PREPARED BY MANAGEMENT OF THE UNIVERSITY ALONG WITH THE ADVICE OF THE UNIVERSITY'S EXTERNAL AUDITORS, ATTORNEYS AND TAX ADVISORS. THE 990 IS THEN REVIEWED BY THE CEO AND CFO PRIOR TO PRESENTING TO THE BOARD OF TRUSTEES. THE 990 IS PRESENTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AT THE FEBRUARY BOARD OF TRUSTEES MEETING PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy MIDWESTERN UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY APPROVED BY THE BOARD OF TRUSTEES. FOR THE UNIVERSITY AND ALL OF ITS RELATED ORGANIZATIONS, ALL OFFICERS, TRUSTEES, EMPLOYEES AND ALL FACULTY AND STAFF ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSE ALL CONFLICTS OF INTEREST. QUESTIONNAIRES ARE RETURNED TO THE PRESIDENT OF THE UNIVERSITY, FOR REVIEW AND ANNUAL APPROVAL. A COMMITTEE OF THE BOARD OF TRUSTEES MEETS AS NECESSARY TO REVIEW AND RESOLVE ANY POTENTIAL CONFLICTS OF INTERESTS REPORTED ON THE QUESTIONNAIRES INVOLVING A TRUSTEE, OFFICER, OR CERTAIN EMPLOYEES. THE PRESIDENT, AS DESIGNEE OF THE BOARD COMMITTEE, REVIEWS AND RESOLVES MATTERS INVOLVING OTHER INDIVIDUALS WHO RECEIVE THE QUESTIONNAIRES. PROCEDURES FOR ADDRESSING ACTUAL OR POSSIBLE CONFLICTS ARE SET FORTH IN THE BOARD APPROVED CONFLICTS OF INTEREST POLICY STATEMENT. RECORDS OF ANY PROCEEDINGS ARE KEPT, AND ANNUAL REPORTS OF THE ACTIVITIES, REVIEWS AND RESOLUTIONS REGARDING CONFLICTS OF INTEREST ARE MADE TO THE BOARD OF TRUSTEES AND REVIEWED BY EXTERNAL AUDITORS. Form 990, Part VI, Line 19 Required documents available to the public MIDWESTERN UNIVERSITY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE GENERAL PUBLIC. THE 990 IS AVAILABLE ON GUIDESTAR.COM AND ALSO AT EACH OF THE UNIVERSITY'S TWO CAMPUSES. THE FINANCIAL STATEMENTS AND PERTINENT OPERATING STATISTICS ARE AVAILABLE AT WWW.DACBOND.COM Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Bookstore - Total Revenue: 12902, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 12902; Fitness Program - Total Revenue: 4870, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 4870; Vending Machines Revenue - Total Revenue: 5596, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 5596; Washing Machine Revenue - Total Revenue: 6553, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6553; Campus Rental - Total Revenue: 13575, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 13575; Miscellaneous Revenue - Total Revenue: 53665, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 53665; Credit card fee revenue share - Total Revenue: 129152, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 129152; Continuing Medical Education revenue - Total Revenue: 180226, Related or Exempt Function Revenue: 180226, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Alumni Association Dues - Total Revenue: 22925, Related or Exempt Function Revenue: 22925, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Library Services - Total Revenue: 27636, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 27636; Penalty Charges - Total Revenue: 321, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 321; Late Charges - Total Revenue: 31672, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 31672; Parking Fines - Total Revenue: 5745, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 5745; Returned Check Fee - Total Revenue: -30, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: -30; Premium Income - Total Revenue: 105525, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 105525; Convenience Charge Revenue - Total Revenue: 3703, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 3703; Copy Center Chgs Revenue - Total Revenue: 914, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 914; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Gain on Bond Refinancing - 1009593; Change in Unrealized gain on interest rate protection agreements - 2621918; Net asset transfer (to) from affiliates - -894835; NonCash Contributions - -59459; Schedule F, Part I, Line 3 METHOD USED TO ACCOUNT FOR EXPENDITURES ON ORG'S FINANCIAL STATEMENTS CENTRAL AMERICA AND THE CARIBBEAN: OTHER, THE UNIVERSITY'S INVESTMENTS IN THE REGION ARE IN LIMITED PARTNERSHIPS LOCATED IN THE CAYMAN ISLANDS THAT ARE TREATED FOR TAX PURPOSES AS FOREIGN CORPORATIONS. EXPENDITURES ARE REPORTED ON THE FINANCIAL STATEMENTS USING THE ACCRUAL METHOD OF ACCOUNTING. EXPENDITURES ARE REPORTED ON THE FINANCIAL STATEMENTS IN THE YEAR PAID. INVESTMENTS ARE REPORTED AT FAIR VALUE AS OF THE FISCAL YEAR END. Part VI, LIne 15 A and B OFFICERS & POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN MIDWESTERN UNIVERSITY ADOPTED A COMPREHENSIVE EXECUTIVE COMPENSATION REVIEW SYSTEM IN 1995 AND HAS FOLLOWED THE POLICY THROUGHOUT THE YEARS. THE POLICIES AND PRACTICES HAVE ENSURED A CONSISTENT METHODOLOGY FOR ALL ACADEMIC DEANS AND OFFICERS OF THE UNIVERSITY AND THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMPENSATION COMMITTEE"). THE COMPENSATION COMMITTEE IS COMPOSED OF TRUSTEES WITHOUT A CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION ARRANGEMENTS WHICH IT APPROVES. THE COMPENSATION COMMITTEE CHAIR ENGAGES AN OUTSIDE COMPENSATION CONSULTANT TO BENCHMARK THE SALARIES AND BENEFITS OF THE ADMINISTRATIVE PERSONNEL OF MIDWESTERN UNIVERSITY. MERIT INCREASES ARE AWARDED BASED ON COMPREHENSIVE WRITTEN PERFORMANCE APPRAISALS, EXTERNAL MARKET AND COMPARABILITY DATA AND INTERNAL EQUITY. THE COMPENSATION COMMITTEE REVIEWS ALL PERFORMANCE APPRAISAL FORMS, INCLUDING A COMPREHENSIVE REVIEW OF THE PERFORMANCE OF THE PRESIDENT, CHIEF EXECUTIVE OFFICER THAT IS DISTRIBUTED TO EVERY MEMBER OF THE BOARD OF TRUSTEES, AND COLLECTED AND EVALUATED BY THE CHAIRMAN OF THE BOARD. THE COMPENSATION COMMITTEE MEETS AT LEAST TWICE A YEAR. ONE MEETING IS HELD EXCLUSIVELY TO REVIEW THE PERTINENT DATA AND PRESIDENT'S PERFORMANCE AND MAY INCLUDE THE EXTERNAL CONSULTANT DURING THE MEETING. THE PRESIDENT IS NOT INCLUDED IN THIS MEETING. MINUTES OF ALL COMPENSATION COMMITTEE MEETINGS ARE WRITTEN AND MAINTAINED IN THE OFFICE OF THE PRESIDENT CEO. BEGINNING IN FISCAL 2018 AND EVERY CONSECUTIVE YEAR, KORN FERRY HAY HAS BEEN ENGAGED TO COMPLETE A COMPREHENSIVE REVIEW OF BOTH TOTAL COMPENSATION AND EXECUTIVE BENEFITS OF ALL SENIOR ADMINISTRATORS OF MIDWESTERN UNIVERSITY. THEIR COMPLETE AND COMPREHENSIVE STUDY WAS PRESENTED TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES APPROVES THEIR ANALYSIS AND RECOMMENDATIONS. THIS IS AN ANNUAL PROCESS THAT HAS BEEN IN PLACE FOR THE PAST 28 YEARS. MIDWESTERN UNIVERSITY FOUNDATION 555 31ST STREET DOWNERS GROVE IL 60515 363955804 SUPPORT MWU IL 501(c)(3) 10 MWU true MIDWESTERN UNIVERSITY HOSP & MED CTRS 555 31ST STREET DOWNERS GROVE IL 60515 362166999 INACTIVE IL 501(c)(3) 3 MWU true MIDWESTERN UNIVERSITY PROPERTIES CORP 555 31ST STREET DOWNERS GROVE IL 60515 363377699 TITLE HOLDING IL 501(c)(2) MWU true OSTEOPATHIC MANAGEMENT ENTERPRISES INC 555 31ST STREET DOWNERS GROVE IL 60515 363483456 INACTIVE IL MWU C Corporation 0 0 1 true false false false false false false false false false false false false false true true false true true false Midwestern University Foundation Q 79176032 Cash Midwestern University Foundation R 79024105 Cash Midwestern University Properties Corp R 222447 Cash