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PHD DO TRUSTEE 1.0 0.0 X 0 0 0 JANET R BOLTON CFP CIMA TRUSTEE 1.0 0.0 X 0 0 0 JOHN H FINLEY DO TRUSTEE 1.0 0.5 X 0 0 0 WARREN B GRAYSON TRUSTEE 1.0 0.6 X 0 0 0 GRETCHEN R HANNAN TRUSTEE 1.0 0.0 X 0 0 0 KENNETH R HERLIN TRUSTEE 1.0 0.1 X 0 0 0 JOHN LADOWICZ TRUSTEE 1.0 0.1 X 0 0 0 KEVIN D LEAHY TRUSTEE 1.0 0.5 X 0 0 0 MADELINE R LEWIS DO TRUSTEE 1.0 0.0 X 0 0 0 ROBERT M LOCKHART PHD TRUSTEE 1.0 0.5 X 0 0 0 W JAY LOVELACE TRUSTEE 1.0 0.5 X 0 0 0 ELAINE M SCRUGGS TRUSTEE 1.0 0.0 X 0 0 0 GARY L TRUJILLO TRUSTEE 1.0 0.0 X 0 0 0 PAUL M STEINGARD DO TRUSTEE 1.0 0.0 X 0 0 0 KATHLEEN H GOEPPINGER PHD PRESIDENT/CEO/TRUSTEE 40.0 1.3 X X 1145031 0 46996 ARTHUR G DOBBELAERE PHD ASSISTANT SECR./COO/EXEC VP 40.0 1.3 X 873116 0 35903 GREGORY J GAUS ASSISTANT TREAS./CFO/SENIOR VP 40.0 1.3 X 714435 0 40043 DEAN P MALONE VP FINANCE 40.0 1.3 X 419414 0 44856 KAREN D JOHNSON PHD VP UNIVERSITY RELATIONS 40.0 0.0 X 365366 0 33979 MARY LEE PHARM D VP/CAO PHARMACY/HEALTH 40.0 0.0 X 514256 0 39368 DENNIS 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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 UNIVERSITYS OPERATIONS, EDUCATIONAL PURPOSES, POWERS, DUTIES AND INTERESTS. 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 AND ITS RELATED POWERS, DUTIES AND INTERESTS. THE AMOUNT INCLUDED IN PART II-B, LINE 1I ARE RELATED DIRECTLY TO SUCH PURPOSES. false false 9786054 758790 296611 443785 60003 22062 10315605 9298882 627474 278039 231880 121545 64916 9786054 8077831 1199400 251211 60425 151343 17792 9298882 7506305 734209 230392 170044 167152 55879 8077831 7089544 520987 198942 201046 99807 2315 7506305 0.00000 0.39010 0.60990 false false 22124258 22124258 564255305 116661044 447594261 75200160 45604253 29595907 140441174 140441174 639755600 0 OTHER CURRENT LIABILITIES 4390853 SELF-INSURANCE LIABILITIES 6871132 INTEREST RATE PROTECTION AGREE 7791767 REFUNDABLE FEDERAL STUDENT LOANS 21686739 PROFESS LIAB TAIL COVER 105400 RETIREE BENEFITS 3149284 DEFERRED COMPENSATION 207984 44203159 SCHEDULE D, PART V, LINE 4 DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S 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 Midwestern University maintains nondiscriminatory policies for all students regardless of race, color, gender, sexual preference, religion national or ethnic origin, disability, status as a veteran, marital status, or age. The nondiscriminatory policies are published in the following: 1) The AACOMAS (American Association of Colleges & Osteopathic Medicine) 2) Student Handbook 3) Course Catalog 4) Web Page. SCHEDULE E, PART I, LINE 6A Midwestern University received Federal Research Awards and participates in Federal loan programs. Central America and the Caribbean 0 0 Investments N/A 3446000 Central America and the Caribbean 0 0 Program Services Medical Mission Trip 5000 0 0 0 0 3451000 3451000 true false false false true false Schedule F, Part V Organization's Procedures for Monitoring Use of Grant Funds Outside the US Annually the university participates in a medical mission to Central America. Schedule F, Part I, Question 3, Column (f) Method used to account for expenditures in the region Expenditures are reported on the financial statements in the year paid. INVESTMENTS ARE REPORTED AT FAIR VALUE AS OF THE FISCAL YEAR END. Bright Lights 288011 202504 85507 6071 22352 49574 16296 MWU Golf Outing 89863 74368 15495 3543 12000 6225 3081 1 77746 57801 19945 4870 9734 8793 5454 455620 334673 120947 14484 44086 64592 24831 147993 -27046 true Student scholarship, awards, and grants 257 1601904 Student need-based scholarships 100 275000 DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS FORM 990, SCHEDULE I, PART I, LINE 2 MIDWESTERN UNIVERSITY AWARDS ITS INSTITUTIONAL SCHOLARSHIPS TO QUALIFIED STUDENYS 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. MIDWESTERN UNIVERSITY AWARDS A PORTION OF THE REMAINING CORPUS FROM THE PREVIOUS SALE OF LOANS AS A RESULT OF THE SCHOOL AS LENDER LOAN PROGRAM (A PROGRAM UNDER THE FEDERAL FAMILY EDUCATION LOAN PROGRAM FFELP) AS STUDENT NEED BASED SCHOLARSHIPS. THE AWARDS ARE FUNDED FROM MIDWESTERN UNIVERSITY FOUNDATION. THESE SCHOLARSHIPS ARE AWARDED TO THE STUDENTS WHO DEMONSTRATE THE MOST SIGNIFICANT FINANCIAL NEED AS DETERMINED BY THEIR FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA). THE SCHOLARSHIPS ARE THEN CREDITED AGAINST THE STUDENTS' TUITION BILL. X X X true true X X X X X false true false false false false false false false KATHLEEN H GOEPPINGER PHD PRESIDENT/CEO/TRUSTEE 558509 0 298150 0 288372 0 25500 0 21496 0 1192027 0 0 0 ARTHUR G DOBBELAERE PHD ASSISTANT SECR./COO/EXEC VP 513407 0 251553 0 108156 0 25500 0 10403 0 909019 0 0 0 GREGORY J GAUS ASSISTANT TREAS./CFO/SENIOR VP 426964 0 196244 0 91227 0 25500 0 14543 0 754478 0 0 0 DEAN P MALONE VP FINANCE 285162 0 97567 0 36685 0 25500 0 19356 0 464270 0 0 0 KAREN D JOHNSON PHD VP UNIVERSITY RELATIONS 261473 0 75686 0 28207 0 25500 0 8479 0 399345 0 0 0 MARY LEE PHARM D VP/CAO PHARMACY/HEALTH 348178 0 114268 0 51810 0 25500 0 13868 0 553624 0 0 0 DENNIS PAULSON PHD VP/CAO MEDICINE AND DENTAL 355279 0 112353 0 55050 0 25500 0 19907 0 568089 0 0 0 ANGELA MARTY MS VP HUMAN RESOURCES & ADMIN. 199072 0 85809 0 22714 0 20055 0 18658 0 346308 0 0 0 JOHN R BURDICK PHD VP CLINIC OP. & DEAN/BASIC SCI 296406 0 94559 0 36708 0 25500 0 19389 0 472562 0 0 0 LORI A KEMPER DO DEAN MEDICINE 320064 0 73672 0 60739 0 25500 0 19636 0 499611 0 0 0 KAREN J NICHOLS DO DEAN MEDICINE 336833 0 84798 0 45496 0 25500 0 13676 0 506303 0 0 0 MICHAEL MACNEIL DEAN DENTAL MEDICINE 331172 0 73940 0 27572 0 25500 0 13679 0 471863 0 0 0 RUSSEL GILPATRICK DEAN DENTAL MEDICINE 330431 0 83862 0 26641 0 25500 0 13696 0 480130 0 0 0 ROSS J KOSINSKI PHD DEAN STUDENT SERVICES 237328 0 59583 0 56906 0 22509 0 18856 0 395182 0 0 0 SCHEDULE J, PART I, QUESTION 1A FIRST CLASS TRAVEL THE UNIVERSITY ALLOWS FOR FIRST CLASS TRAVEL FOR ITS CEO, COO, AND CFO AND ALLOWS FOR OTHER KEY EMPLOYEES WITH RESPONSIBILITIES ON BOTH CAMPUSES TO PURCHASE FIRST CLASS UPGRADES. FIRST CLASS TRAVEL IS NOT CONSIDERED COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES SOCIAL/COUNTRY CLUB DUES ARE PAID FOR THE CEO AS PROVIDED FOR IN THE CEO'S EMPLOYMENT CONTRACT. THE CLUB IS USED FOR BUSINESS USE ONLY, THEREFORE NOT CONSIDERED COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE UNIVERSITY PROVIDES CERTAIN OFFICERS AND EMPLOYEES WITH TAX GROSS UP PAYMENTS. FOR THREE OFFICERS, 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 EMPLOYEES WHOSE DEPENDENTS ATTEND THE UNIVERSITY. THIS BENEFIT IS TAXABLE AND INCLUDES A TAX GROSS UP PAYMENT. LISTED ON SCHEDULE J PART II IS A RECIPIENT WHO RECEIVED THE BENEFIT: ROSS J KOSINSKI, PHD DEAN STUDENT SERVIVES $33,198. SCHEDULE J, PART I, QUESTION 4B CONTRIBUTIONS TO A SUPPLEMENTARY NONQUALIFIED RETIREMENT PLAN AND PAYMENTS FROM A SUPPLEMENTARY NONQUALIFIED RETIREMENT PLAN: KATHLEEN GOEPPINGER - $163,678 THE PAYMENT IS INCLUDED IN SCHEDULE J,PART II, COLUMN B(III). SCHEDULE J, PART II, COLUMN (B)(II) LISTED OFFICERS AND DEANS CAN RECEIVE A CERTAIN PERCENTAGE OF [AT-RISK] 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 2007 BONDS 521767454 378286GD4 2007-04-18 67184077 SEE SCHEDULE K PART VI false false false B GLENDALE AZ IDA SERIES 2010 BONDS 521767454 378286HC5 2010-05-27 159999058 SEE SCHEDULE K PART VI false false false C GLENDALE AZ IDA SERIES 2013 BONDS 521767454 2013-11-13 106430000 SEE SCHEDULE K PART VI false false false A 3015000 0 68110538 5821498 0 0 0 0 0 0 62289040 0 2007 true true true true B 10445000 0 160138444 10541004 0 0 0 0 169485 80618003 68809952 0 2010 true false true true C 1870000 0 106430000 0 0 0 0 0 0 30000000 76430000 0 2013 true false true true A 0 B false false true true true true 0 false false false true C false false true true true true 0 false false false true A false false false true false true Royal Bank 0.3 false true false 0 false true B false false false true false false 0 false 0 false true C false true false false false false 0 false 0 false true A true B true C true FORM 990, SCHEDULE K, PART I, LINE A, COLUMN (F) PROCEEDS FROM THE SALE OF THE BONDS WERE USED TO REFUND THE REMAINING AMOUNT OF THE SERIES 1996 A & B BONDS ISSUED ON AUGUST 14, 1996 AND PARTIAL REFUNDING OF PRINCIPAL AMOUNT FOR THE SERIES 1998B BONDS ISSUED ON SEPTEMBER 24, 1998, AND SERIES 2001 A & B BONDS ISSUED ON MAY 31, 2001. FORM 990, SCHEDULE K, PART I, LINE B, COLUMN (F): PROCEEDS FROM THE SALE OF THE BONDS WERE USED TO PARTIALLY FUND PROJECTS ASSOCIATED WITH THE PROGRAMS AND CAMPUS EXPANSIONS OF THE UNIVERSITY AND THE PROCEEDS WERE ALSO USED TO REFUND THE REMAINING PRINCIPAL OF THE COMMERCIAL PAPER REVENUE NOTE PROGRAM (2009 BONDS) ISSUED JANUARY 29, 2009, JUNE 19, 2008, NOVEMBER 5, 2008 AND DECEMBER 10, 2008. FORM 990, SCHEDULE K, PART I, LINE C, COLUMN (F): 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. FORM 990, SCHEDULE K, PART II, LINE 3: 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. FORM 990, SCHEDULE K, PART III, LINE 3C: 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. FORM 990, SCHEDULE K, PART IV, LINE 2C, COLUMN A: MIDWESTERN UNIVERSITY LAST PERFORMED THE REBATE CALCULATION FOR THE 2007 BONDS ON APRIL 29, 2014 FORM 990, SCHEDULE K, PART IV, LINE 2C, COLUMN B: MIDWESTERN UNIVERSITY LAST PERFORMED THE REBATE CALCULATION FOR THE 2010 BONDS ON AUGUST 8, 2014 GERRIT A VAN HUISSTEDE SEE SCHEDULE L, PART V 637168 Bank Services Charges/Fees false JANET R BOLTON SEE SCHEDULE L, PART V 258488 INVESTMENT MANAGEMENT SERVICES false Business Transaction with Interested Persons SCHEDULE L, PART IV INTERESTED PERSON: GERRIT A. VAN HUISSTEDE RELATIONSHIP: MR. GERRIT A. VAN HUISSTEDE IS REGIONAL PRESIDENT OF WELLS FARGO BANK, N.A., AND THE SECRETARY, TREASURER AND CHAIRMAN OF THE FINANCE COMMITTEE FOR THE BOARD OF TRUSTEES OF MIDWESTERN UNIVERSITY. WELLS FARGO BANK PROVIDES CREDIT, BANKING AND INVESTMENT SERVICES TO AND IS THE TRUSTEE OF THE UNIVERSITY'S MEDICAL MALPRACTICE INSURANCE TRUST. TRANSACTION: THE UNIVERSITY PAYS WELLS FARGO BANK, N.A. FOR BANK SERVICE CHARGES, BANK FEES, INVESTMENT FEES AND OTHER RELATED BANK CHARGES. THE AMOUNTS LISTED ON SCHEDULE L, COLUMN (C) THAT ARE REFERRED TO HERE DO NOT INCLUDE PRINCIPAL AMOUNTS, INTEREST OR FEES ON CREDIT TRANSACTIONS. UNDER THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, MR. VAN HUISSTEDE DID NOT PARTICIPATE IN THE NEGOTIATION OR APPROVAL OF THE UNIVERSITY'S FEE AGREEMENTS WITH WELLS FARGO OR ANY OF THE SERVICES PROVIDED BY WELLS FARGO. INTERESTED PERSON: JANET R. BOLTON RELATIONSHIP: JANET R. BOLTON IS AN OFFICER OF MORGAN STANLEY / SMITH BARNEY AND A MEMBER OF THE BOARD OF TRUSTEES OF MIDWESTERN UNIVERSITY. MORGAN STANLEY PROVIDES INVESTMENT MANAGEMENT SERVICES TO MIDWESTERN UNIVERSITY. TRANSACTION: THE UNIVERSITY PAYS MORGAN STANLEY FOR INVESTMENT MANAGEMENT SERVICES. THE AMOUNTS LISTED ON SCHEDULE L, COLUMN (C) THAT ARE REFERRED TO HERE ARE FOR THOSE SERVICES. UNDER THE UNIVERSITY'S CONFLICT OF INTEREST POLICY, MS. BOLTON DID NOT PARTICIPATE IN THE NEGOTIATION OR APPROVAL OF THE UNIVERSITY'S FEE AGREEMENTS WITH MORGAN STANLEY FOR ANY OF THE SERVICES PROVIDED BY MORGAN STANLEY. X 1 1024 cost/selling price X RAFFLE ITEMS - FUNDRASING 178 84121 Cost / Selling Price X MED EQUIPMENT & INSTRUMENT 2 76500 Opinions of Experts X DENTAL CHAIRS,FLOURIDE VA 1 3150 Opinions of Experts X DENTAL SUPPLIES 1 302 Opinions of Experts X OMM TABLE,CABINETS 1 156 Opinions of Experts false true false SCHEDULE M, LINE 30A GIFT ACCEPTANCE POLICY SCHEDULE M, LINE 31 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. FORM 990, PART I, LINE 6 NUMBER OF VOLUNTEERS VOLUNTEERS CONSIST PRIMARILY OF ADJUNCT/VOLUNTEER (UNCOMPENSATED) FACULTY PROVIDING TEACHING SERVICES FOR THE UNIVERSITY'S VARIOUS HEALTHCARE EDUCATIONAL SERVICES ( 4,767 ), AS WELL AS UNCOMPENSATED MEMBERS OF THE BOARD OF TRUSTEES (18). FORM 990, PART III, LINE 4A DESCRIPTION OF PROGRAM SERVICE ACCOMPLISHMENTS DURING THE FISCAL YEAR ENDED 6/30/14, MIDWESTERN UNIVERSITY PROVIDED HEALTH SCIENCES EDUCATION SERVICES TO APPROXIMATELY 5,950 PRE-DOCTORAL STUDENTS AND 130 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. FORM 990, 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 4 SIGNIFICANT CHANGES TO THE GOVERNING DOCUMENTS MIDWESTERN UNIVERSITY AMENDED IT'S BYLAWS TO PROVIDE FOR THE APPOINTMENT OF HONORARY LIFE TRUSTEES, APPOINTMENTS OF VARIOUS VICE PRESIDENTIAL POSITIONS AND OTHER ORGANIZATIONAL CHANGES AT THE PURVIEW OF THE PRESIDENT AND CEO, UPDATING ITS BOARD COMMITTEE STRUCTURE, AND REVISING THE PURPOSE AND RESPONSIBILITIES OF THE EXECUTIVE COMPENSATION COMMITTEE TO REFLECT ITS PAST PRACTICES. FORM 990, PART VI, LINE 11B DESCRIBE THE PROCESS USED BY THE ORGANIZATION TO REVIEW 990 THE 990 IS PREPARED BY MANAGEMENT OF THE UNIVERSITY ALONG WITH THE ADVICE OF THE UNIVERSITY'S 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 BOARD RETREAT PRIOR TO FILING. FORM 990, PART VI, QUESTION 12 CONFLICTS 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, KEY 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 REVIEWS AND RESOLVES ANY POTENTIAL CONFLICTS OF INTERESTS REPORTED ON THE QUESTIONNAIRES INVOLVING A TRUSTEE, OFFICER, OR CERTAIN KEY 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. FORM 990, PART VI, QUESTION 13 WHISTLEBLOWER POLICY THE UNIVERSITY HAS A BOARD OF TRUSTEE APPROVED WRITTEN WHISTLEBLOWER POLICY IN PLACE AND 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, 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, QUESTION 14 DOCUMENT RETENTION AND DESTRUCTION POLICY MIDWESTERN UNIVERSITY HAS A BOARD OF TRUSTEE APPROVED WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. FORM 990, PART VI, QUESTION 15A & 15B OFFICES & 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 THROUGHTOUT 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. FORM 990, PART VI, QUESTION 19 AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN 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 XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES $(5,160,448) UNREALIZED LOSS ON INTEREST RATE PROTECTION AGREEMENTS $ (164,229) NONCASH CONTRIBUTIONS ____________ $(5,324,677) TOTAL MIDWESTERN UNIVERSITY FOUNDATION 555 31st Street Downers Grove IL 60515 363955804 SUPPORT MWU IL 501(C)(3) 9 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 363377699 Title Holding IL 501(C)(2) N/A MWU true Osteopathic Management Enterprises Inc 555 31st Street Downers Grove IL 60515 363483456 Inactive IL MWU C CORP. 1.00000 true false false false false false false false false false false false false false false false true true true Midwestern University Properties Corp Q 213254 CASH Midwestern University Properties Corp S 562342 CASH Midwestern University Foundation Q 265651 CASH MIDWESTERN UNIVERSITY FOUNDATION R 158203 CASH MIDWESTERN UNIVERSITY FOUNDATION S 259610 CASH