2025-05-14T17:12:48+00:00 2024-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2023-07-01 363377698 Midwestern University MIDW 6305157307 555 31ST STREET DOWNERS GROVE IL 60515 KATHLEEN GOEPPINGER PRESIDENT AND CEO 6305157145 2025-05-14 true true JENNIFER BURKE P01342224 3128997000 2025-05-14 2023 2025-03-06 01:10:19Z KATHLEEN H GOEPPINGER PHD 555 31ST STREET DOWNERS GROVE IL 60515 1887456018 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. 16 14 4247 2876 75633 0 8137080 7422721 486419994 488935905 22069324 39562726 1464835 1579176 518091233 537500528 3491338 4744257 0 254761474 268576212 0 733482 135414702 149439309 393667514 422759778 124423719 114740750 1942110046 2090861127 280112630 279140973 1661997416 1811720154 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 392147543 4744257 490088996 DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2024, MIDWESTERN UNIVERSITY PROVIDED HEALTH SCIENCES EDUCATION SERVICES TO APPROXIMATELY 6,470 PRE-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 $21,553,000 VALUE OF FREE CARE PROVIDED $1,891,000 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, 2024, MWU PATIENTS PAID $21,553,000 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, 2024, WERE $981,000 AT STATED PATIENT SERVICE CHARGES. HAD MWU CHARGED USUAL AND CUSTOMARY FEES, THE VALUE OF THE DISCOUNTS WOULD HAVE BEEN $1,891,000. 392147543 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 false false false false false true true true true false true 8932 0 true 4247 true true true false false false false true true false false false false true false X 16 14 true 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 JANET R BOLTON CFP CIMA CHAIRPERSON, TRUSTEE 1.0 1.0 X X 0 0 0 JEAN L BAXTER JD VICE CHAIRPERSON, TRUSTEE 1.0 1.0 X X 0 0 0 KATHLEEN H GOEPPINGER PHD PRESIDENT, CEO, TRUSTEE 40.0 1.0 X X 1826086 0 52562 KENNETH R HERLIN MA MBA CPA SECRETARY, TREASURER, TRUSTEE 1.0 1.0 X X 0 0 0 CHARA REID-REED PHARM D Trustee 1.0 0.0 X 0 0 0 GREGORY J GAUS TRUSTEE 1.0 1.0 X 0 0 0 JOHN LADOWICZ MBA TRUSTEE 1.0 0.0 X 0 0 0 KEVIN D LEAHY FACHE 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 MAT CCC-SLP TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL J BLEND PHD DO TRUSTEE - retired December 13, 2023 1.0 0.0 X 0 0 0 MICHAEL M BOND DO TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL P KAMRADT MBA TRUSTEE 1.0 0.0 X 0 0 0 NICHOLAS C ZAGOTTA JD TRUSTEE 1.0 0.0 X 0 0 0 RONALD D TUCKER USN Retired TRUSTEE 1.0 0.0 X 0 0 0 Sr ANNE C LEONARD CND LIFE TRUSTEE AS OF DECEMBER 6, 2022 0.0 0.0 X 0 0 0 STEVEN R CHANEN JD TRUSTEE 1.0 0.0 X 0 0 0 WARREN B GRAYSON JD TRUSTEE 1.0 1.0 X 0 0 0 AMY GIBSON MS PHR SHRM-SCP VICE PRESIDENT, HUMAN RESOURCES GANIZATIONAL DEVELOPMENT 40.0 0.0 X 474002 0 37736 ANGELA MARTY MA PHR SR. VICE PRESIDENT ADMINISTRATION AND COMMUNICATIONS 40.0 0.0 X 661285 0 62900 BARBARA L MCCLOUD ESQ VICE PRESIDENT & GENERAL COUNSEL 40.0 0.0 X 608699 0 47127 DANIEL TAPIA EdD VICE PRESIDENT OF OPERATIONS 40.0 0.0 X 528147 0 62818 GREGORY L O'COYNE CPA VICE PRESIDENT, FINANCE 40.0 1.0 X 464769 0 62346 JOSHUA C BAKER OD MS SR. VICE PRESIDENT & CHIEF ACADEMIC OFFICER 40.0 0.0 X 904333 0 64098 KAILA M DOUGHERTY OD FAAO VICE PRESIDENT, CLINIC OPERATIONS 40.0 0.0 X 502820 0 62467 MARY LEE PHARM D VICE PRESIDENT, ASSISTANT TO THE PRESIDENT 40.0 0.0 X 316720 0 31352 MATTHEW J SWEENEY CPA ASSISTANT TREASURER, CFO, VICE PRESIDENT 40.0 1.0 X 708646 0 63244 VICTORIA B FRANKS MAdm VICE PRESIDENT, MULTICULTURAL AFFAIRS AND COMMUNITY OUTREACH 40.0 0.0 X 194947 0 40749 YIR GLORIA YUEH PHD VICE PRESIDENT, CHIEF ACADEMIC OFFICER 40.0 0.0 X 573326 0 62924 HAROLD J HAERING DMD DEAN, COLLEGE OF DENTAL MEDICINE - ILLINOIS 40.0 0.0 X 569579 0 54872 LORI A KEMPER DO DEAN OF MEDICINE - AZ 40.0 0.0 X 555970 0 55004 MITCHELL R EMERSON PHD DEAN, COLLEGES OF PHARMACY 40.0 0.0 X 546006 0 63049 ROSS J KOSINSKI PHD DEAN STUDENT SERVICES - Last Day of Work Dec 15, 2023 40.0 0.0 X 650853 0 53740 THOMAS A BOYLE DO DEAN OF MEDICINE - IL 40.0 0.0 X 552669 0 54967 KYLE H RAMSEY PHD VICE PRESIDENT & CHIEF ACADEMIC OFFICER - Last Day of work June 30, 2023 0.0 0.0 X 624693 0 47957 11263550 0 979912 666 true true false CHANEN CONSTRUCTION 3300 N THIRD ST PHOENIX AZ 85067 GENERAL CONTRACTOR 12128458 EPIC SYSTEMS CORPORATION 1979 Milky Way Verona WI 53593 Healthcare management software/services 7188989 METRO CLEANING COMPANY 8349 W DESERT SPOON Peoria AZ 85383 JANITORIAL SERVICES 3762326 DWL Architects Planners Inc 2333 North Central Avenue Phoenix AZ 85004 Architectural Services 3155564 Chartwells Dining Service 2400 Yorkmont Rd Charlotte NC 28217 Cafeteria Services 2432024 88 155100 4573959 2693662 16906 7422721 TUITION & FEES 611310 455399302 455399302 CLINICAL REVENUE 621400 28327848 28327848 STUDENT HOUSING 721310 4853787 4853787 Continuing Medical Education revenue 611430 354968 354968 0 0 0 0 488935905 42262753 75633 42187120 0 0 1347174745 2000 1349874245 2527 -2699500 -527 -2700027 -2700027 34120 155100 70187 -36067 0 -36067 7365 8531 -1166 -1166 CO-FUNDED FACULTY 561499 432327 432327 Student Loan Interest 561499 560760 560760 Campus Rental 531120 163200 163200 460122 160004 0 300118 1616409 537500528 490088996 75633 39913178 72950 72950 4671307 4671307 8069636 4403971 3665665 200245284 190920336 8954075 370873 17060529 16130571 903415 26543 29602632 28183217 1378895 40520 13598131 12773469 801122 23540 4649110 2663038 1986072 725672 72567 653105 245327 245327 2212126 198917 2013209 18113755 16197280 1915315 1160 1492866 1011535 308951 172380 21611402 19841300 1765686 4416 4520719 4393762 126957 8756097 8324464 431633 1726198 1539245 186953 1669657 1635187 34470 2989785 2886845 102940 42191811 41273609 918202 4211751 2262867 1948884 CLINICAL FACULTY SERVICES 9593169 9593169 STUDENT HOUSING EXPENSE 6402119 6402119 Other Operating Expense 4086645 3293931 792714 BOOKS & PERIODICALS 2740444 2740224 220 11500656 10661663 744943 94050 422759778 392147543 29878753 733482 26106722 28277783 2195140 2572858 5413366 7664226 0 0 0 0 1709702 1755622 6608056 7418755 1348590313 560141276 736184897 788449037 1028592815 1089253203 79575208 103859013 27362214 25501555 28361926 36109075 1942110046 2090861127 54898242 61911542 1393532 1174632 51814834 51003513 129124636 119176621 0 0 42881386 45874665 280112630 279140973 X 1629925670 1778154061 32071746 33566093 1661997416 1811720154 1942110046 2090861127 X 114740750 32962660 2019328 X false true X true true true X 6100212 9288854 19470266 8137080 7422721 50419133 0 0 0 0 0 0 0 0 0 0 0 0 6100212 9288854 19470266 8137080 7422721 50419133 6538931 43880202 11719022 6558720 10284382 23138328 42262753 93963205 0 0 0 0 0 0 806678 564948 379690 359801 504803 2615920 146998258 2395986181 0.2985 0.3463 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - WASHING MACHINE REVENUE, COLUMN A - 11599.0, COLUMN B - 9465.0, COLUMN C - 6553.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 27617.0; DESCRIPTION - CAMPUS RENTAL, COLUMN A - 31075.0, COLUMN B - 39825.0, COLUMN C - 13575.0, COLUMN D - 74533.0, COLUMN E - 163200.0, COLUMN F - 322208.0; DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 499864.0, COLUMN B - 360199.0, COLUMN C - 53665.0, COLUMN D - 54020.0, COLUMN E - 129005.0, COLUMN F - 1096753.0; DESCRIPTION - CREDIT CARD FEE REVENUE SHARE, COLUMN A - 165876.0, COLUMN B - 102609.0, COLUMN C - 129152.0, COLUMN D - 161140.0, COLUMN E - 140698.0, COLUMN F - 699475.0; DESCRIPTION - LATE CHARGES, COLUMN A - 11259.0, COLUMN B - 16157.0, COLUMN C - 31672.0, COLUMN D - 21991.0, COLUMN E - 26924.0, COLUMN F - 108003.0; DESCRIPTION - CONVENIENCE CHARGE REVENUE, COLUMN A - 3637.0, COLUMN B - 929.0, COLUMN C - 3703.0, COLUMN D - 2407.0, COLUMN E - 3177.0, COLUMN F - 13853.0; DESCRIPTION - FITNESS PROGRAM REVENUE, COLUMN A - 5905.0, COLUMN B - 455.0, COLUMN C - 4870.0, COLUMN D - 4535.0, COLUMN E - 3685.0, COLUMN F - 19450.0; DESCRIPTION - VENDING MACHINES REVENUE, COLUMN A - 3354.0, COLUMN B - 0.0, COLUMN C - 5596.0, COLUMN D - 8359.0, COLUMN E - 6698.0, COLUMN F - 24007.0; DESCRIPTION - PENALTY CHARGES, COLUMN A - 6489.0, COLUMN B - -3435.0, COLUMN C - 321.0, COLUMN D - 181.0, COLUMN E - 138.0, COLUMN F - 3694.0; DESCRIPTION - PARKING FINES, COLUMN A - 4780.0, COLUMN B - 470.0, COLUMN C - 5745.0, COLUMN D - 3000.0, COLUMN E - 2015.0, COLUMN F - 16010.0; DESCRIPTION - RETURNED CHECK FEES, COLUMN A - -255.0, COLUMN B - -210.0, COLUMN C - -30.0, COLUMN D - -120.0, COLUMN E - -33237.0, COLUMN F - -33852.0; DESCRIPTION - COPY CENTER CHGS, COLUMN A - 1161.0, COLUMN B - 880.0, COLUMN C - 914.0, COLUMN D - 826.0, COLUMN E - 2119.0, COLUMN F - 5900.0; DESCRIPTION - LATE-FEE HEALTH INSURANCE, COLUMN A - 6265.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 6265.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 55669.0, COLUMN B - 0.0, COLUMN C - 18429.0, COLUMN D - 13958.0, COLUMN E - 34120.0, COLUMN F - 122176.0; DESCRIPTION - GROSS INCOME FROM GAMING ACTIVITIES, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - , COLUMN D - 14971.0, COLUMN E - 7365.0, COLUMN F - 22336.0; DESCRIPTION - CONTRACT SERVICE REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 18896.0, COLUMN F - 18896.0; DESCRIPTION - INSURANCE PREMIUM INCOME, COLUMN A - 0.0, COLUMN B - 37604.0, COLUMN C - 105525.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 143129.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true false false false false false true 2000 false true 243327 245327 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. DOCTORS OF OSTEOPATHIC MEDICINE, 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 AMOUNTS INCLUDED IN PART II-B, LINE 1I ARE RELATED DIRECTLY TO SUCH PURPOSES. false false 32071746 2077552 1420726 1623247 178579 202105 33566093 29015923 3823557 1226315 1485485 206201 302363 32071746 19820657 10192308 710553 1238698 228744 240153 29015923 18335602 2407653 667946 1268598 219790 102156 19820657 16883400 1452202 2082715 1380209 592469 110037 18335602 0.0 0.3046 0.6954 false false 57835601 57835601 1022086887 399120102 622966785 209922998 161021174 48901824 58744827 58744827 788449037 OTHER CURRENT LIABILITIES 10681647 SELF-INSURANCE LIABILITIES 8826400 REFUNDABLE FEDERAL STUDENT LOAN 12918842 RETIREE BENEFITS 4782377 Lease Obligation 2583662 Interest Rate Protection Agreements 6081737 45874665 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 71361000 North America (Canada & Mexico only) 0 0 Investments N/A 1363000 Europe (Including Iceland and Greenland) 0 0 Investments N/A 4496000 0 0 0 0 0 0 77220000 0 77220000 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; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual AZ Evening of Inspiration 77300 64500 12800 767 4547 8979 5906 DG Golf Outing 62110 51110 11000 2054 11321 7571 4276 1 49810 39490 10320 2038 7800 5400 9528 189220 155100 34120 4092 19888 17518 8979 19710 70187 -36067 true Indian American Medical Association Charitable Foundation 2645 WEST PETERSON AVE CHICAGO IL 60659 363910201 501(c)(3) 20000 General Support Health and Medicine Policy Research Group 29 E MADISON STREET RM/STE 602 Chicago IL 60602 363143826 501(c)(3) 6500 Schweitzer Fellows Program Arizona Veterans Research and Education Foundation 650 E Indian School Rd RS151B Phoenix AZ 85012 860907729 501(c)(3) 35000 Educational Support 3 0 STUDENT SCHOLARSHIPS, AWARDS, & GRANTS 163 259543 STUDENT NEED-BASED SCHOLARSHIPS 567 4386185 STUDENT LOAN FORGIVENESS 11 25579 Schedule I, Part III, Column (a) LINE 3: 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 false false false false false false false false false KATHLEEN H GOEPPINGER PHD PRESIDENT, CEO, TRUSTEE 973199 0 606015 0 246872 0 33000 0 19562 0 1878648 0 0 0 KYLE H RAMSEY PHD VICE PRESIDENT & CHIEF ACADEMIC OFFICER - Last Day of work June 30, 2023 243634 0 138084 0 242975 0 33000 0 14957 0 672650 0 0 0 MARY LEE PHARM D VICE PRESIDENT, ASSISTANT TO THE PRESIDENT 279505 0 0 0 37215 0 28032 0 3320 0 348072 0 0 0 ANGELA MARTY MA PHR SR. VICE PRESIDENT ADMINISTRATION AND COMMUNICATIONS 372423 0 163800 0 125062 0 33000 0 29900 0 724185 0 0 0 BARBARA L MCCLOUD ESQ VICE PRESIDENT & GENERAL COUNSEL 449917 0 83673 0 75109 0 33000 0 14127 0 655826 0 0 0 JOSHUA C BAKER OD MS SR. VICE PRESIDENT & CHIEF ACADEMIC OFFICER 540942 0 273846 0 89545 0 33000 0 31098 0 968431 0 0 0 MATTHEW J SWEENEY CPA ASSISTANT TREASURER, CFO, VICE PRESIDENT 435042 0 240375 0 33229 0 33000 0 30244 0 771890 0 0 0 GREGORY L O'COYNE CPA VICE PRESIDENT, FINANCE 332210 0 122912 0 9647 0 33000 0 29346 0 527115 0 0 0 DANIEL TAPIA EdD VICE PRESIDENT OF OPERATIONS 376436 0 132347 0 19364 0 33000 0 29818 0 590965 0 0 0 AMY GIBSON MS PHR SHRM-SCP VICE PRESIDENT, HUMAN RESOURCES GANIZATIONAL DEVELOPMENT 367907 0 95550 0 10545 0 33000 0 4736 0 511738 0 0 0 KAILA M DOUGHERTY OD FAAO VICE PRESIDENT, CLINIC OPERATIONS 362316 0 126603 0 13901 0 33000 0 29467 0 565287 0 0 0 YIR GLORIA YUEH PHD VICE PRESIDENT, CHIEF ACADEMIC OFFICER 427665 0 106400 0 39261 0 33000 0 29924 0 636250 0 0 0 VICTORIA B FRANKS MAdm VICE PRESIDENT, MULTICULTURAL AFFAIRS AND COMMUNITY OUTREACH 190509 0 0 0 4438 0 20198 0 20551 0 235696 0 0 0 ROSS J KOSINSKI PHD DEAN STUDENT SERVICES - Last Day of Work Dec 15, 2023 314832 0 106633 0 229388 0 33000 0 20740 0 704593 0 0 0 MITCHELL R EMERSON PHD DEAN, COLLEGES OF PHARMACY 401146 0 92905 0 51955 0 33000 0 30049 0 609055 0 0 0 THOMAS A BOYLE DO DEAN OF MEDICINE - IL 402682 0 88529 0 61458 0 33000 0 21967 0 607636 0 0 0 LORI A KEMPER DO DEAN OF MEDICINE - AZ 408305 0 85475 0 62190 0 33000 0 22004 0 610974 0 0 0 HAROLD J HAERING DMD DEAN, COLLEGE OF DENTAL MEDICINE - ILLINOIS 395963 0 112545 0 61071 0 33000 0 21872 0 624451 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 ONE EMPLOYEE, 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. LISTED ON SCHEDULE J PART II, RECIPIENTS WHO RECEIVED THE BENEFIT: ANGELA MARTY MS, SR. VP ADMINISTRATION AND COMMUNICATIONS $40,786 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. LISTED ON SCHEDULE J, PART II, RECIPIENTS WHO RECEIVED THE BENEFIT: ANGELA MARTY, SENIOR VP, ADMINISTRATION AND COMMUNICATIONS $500 JOSHUA BAKER, VP, CAO OPTOMETRY, PHARMACY, AND VETERINARY EDUCATION $500 BARBARA L. MCCLOUD ESQ, VP & GENERAL COUNSEL $550 MATTHEW J SWEENEY, ASSISTANT TREASURER/CFO/SENIOR VP $500 DANIEL TAPIA, VICE PRESIDENT OF OPERATIONS $650 GREGORY L O'COYNE, VP FINANCE $575 AMY GIBSON, VICE PRESIDENT, HUMAN RESOURCES AND ORGANIZATIONAL DEVELOPMENT $750 KAILA M DOUGHERTY, VICE PRESIDENT, CLINIC OPERATIONS $550 MITCHELL EMERSON, DEAN, COLLEGE OF PHARMACY $525 YIR GLORIA YUEH, VICE PRESIDENT AND CHIEF ACADEMIC OFFICER $450 VICTORIA FRANKS, VICE PRESIDENT, MULTICULTURAL AFFAIRS AND COMMUNITY OUTREACH $775 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 47665000 0 106430000 0 0 0 0 0 0 30000000 76430000 0 2013 true false true true B 14090000 0 54990070 5237271 0 0 0 0 0 49490087 266712 0 2020 true false true true C 10344366 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 true false false false true ROYAL BANK OF CANADA 3.2 true true false false true C false true true true 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 THE 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 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 11/13/2024 Schedule K, Part IV, Line 2c COLUMN C Issuer name: GLENDALE, AZ IDA SERIES 2022 BONDS The calculation for computing no rebate due was performed on 04/25/2024 CHANEN CONSTRUCTION COMPANY INC SEE SCHEDULE L, PART V 31287461 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. 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 (2,861), AS WELL AS UNCOMPENSATED MEMBERS OF THE BOARD OF TRUSTEES (15). 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 2 Family/business relationships amongst interested persons Daniel Tapia - Family relationship, Amy Gibson - Family relationship 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, IRS.GOV 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 Credit card fee revenue share - Total Revenue: 140698, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 140698; Miscellaneous Revenue - Total Revenue: 129005, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 129005; Misc Student Fees - Total Revenue: 66146, Related or Exempt Function Revenue: 66146, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Misc Housing Fees - Total Revenue: 32760, Related or Exempt Function Revenue: 32760, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Alumni Association Dues - Total Revenue: 29153, Related or Exempt Function Revenue: 29153, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Late Charges - Total Revenue: 26924, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 26924; Contract Service Revenue - Total Revenue: 18896, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 18896; Library Services - Total Revenue: 16959, Related or Exempt Function Revenue: 16959, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Bookstore - Total Revenue: 14986, Related or Exempt Function Revenue: 14986, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Vending Machines Revenue - Total Revenue: 6698, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6698; Fitness Program - Total Revenue: 3685, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 3685; Convenience Charge Revenue - Total Revenue: 3177, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 3177; Copy Center Chgs Revenue - Total Revenue: 2119, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2119; Parking Fines - Total Revenue: 2015, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 2015; Penalty Charges - Total Revenue: 138, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 138; Returned Check Fee - Total Revenue: -33237, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: -33237; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Unrealized Gain on interest rate protection agreements - 2173042; Net asset transfer (to) from affiliates - -145339; NonCash Contributions - -8375; 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 THE 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 30 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 true true true false MIDWESTERN UNIVERSITY PROPERTIES CORP R 168913 CASH Midwestern University Foundation P 145339 Cash Midwestern University Foundation R 35022611 Accrual Midwestern University Foundation Q 41886287 Accrual