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Filing year 2023

MIDWESTERN UNIVERSITY FOUNDATION

Downers Grove, Illinois·EIN 36-3955804·501(c)(3)
Total revenue
$4.3M
Total assets
$87.4M
Total expenses
$2.7M
Reported officers
10
Mission

TO BENEFIT MIDWESTERN UNIVERSITY BY PROVIDING FUNDING FOR PRIVATE LOANS TO STUDENTS OF THE UNIVERSITY.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Assistant Treasurer, Cfo, Vice President
25th percentile to median
$63k
$70k
Vice President, Finance
Vice President
Median to 75th percentile
$62k
$69k
President, Ceo, Director
25th percentile to median
$53k
$58k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 7 unpaid individuals.

Up 6%
from 2022

From $60k in 2022 to $63k in 2023.

$60k
2022
$63k
2023
In today's dollarsEst.
Up 3% in real terms$68k to $70k

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 27% from 2022 to 2023, while revenue rose 13%.

$50k in 2022 to $63k in 2023.
  • Vice President pay rose 15% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MIDWESTERN UNIVERSITY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$3.8M
$3.1M
2022
$4.3M
$2.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about MIDWESTERN UNIVERSITY FOUNDATION

What does the Chief Executive Officer of MIDWESTERN UNIVERSITY FOUNDATION earn?

In 2023, the Chief Executive Officer of MIDWESTERN UNIVERSITY FOUNDATION received $63,244 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MIDWESTERN UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at MIDWESTERN UNIVERSITY FOUNDATION falls between the 25th percentile and the median.

What are MIDWESTERN UNIVERSITY FOUNDATION's revenue and expenses?

In 2023, MIDWESTERN UNIVERSITY FOUNDATION reported $4.3M in total revenue and $2.7M in total expenses on its IRS Form 990.

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