NORTHWESTERN MEMORIAL HEALTHCARE: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NORTHWESTERN MEMORIAL HEALTHCARE (EIN 36-3097297)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-07-12
- IRS object ID
- 201301939349300120
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-12T09:21:32-05:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 2600 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363097297 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Northwestern Medical Faculty | BusinessNameLine1 |
| Business Name Line2 | FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % BRIAN M WALSH | InCareOfName |
| Name Control | NORT | NameControl |
| Phone | 3126959166 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 North Lake Shore Drive | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIC G NEILSON | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Date Signed | 2013-07-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3176817000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ERIC G NEILSON MD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 N LAKE SHORE DRIVE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 618691409 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.nmff.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1981 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF NORTHWESTERN MEDICAL FACULTY FOUNDATION IS TO PROMOTE OPTIMAL HEALTH BY PREVENTING AND CURING DISEASE, PROVIDING HIGH QUALITY CARE, AND SUPPORTING CRITICAL INQUIRY AND CONTINUOUS LEARNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 32 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2379 | TotalNbrEmployees |
| Total Nbr Volunteers | 20 | TotalNbrVolunteers |
| Total Gross UBI | 1049223 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 895396 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 23521970 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 35517000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 545752642 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 572257072 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3925523 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1006837 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 573200135 | TotalRevenuePriorYear |
| Total Revenue Current Year | 608780909 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 46305861 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 55433189 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 318176960 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 333687452 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 171901591 | OtherExpensePriorYear |
| Other Expenses Current Year | 203749187 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 536384412 | TotalExpensesPriorYear |
| Total Expenses Current Year | 592869828 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 36815723 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 15911081 | RevenuesLessExpensesCY |
| Total Assets BOY | 450148097 | TotalAssetsBOY |
| Total Assets EOY | 571763996 | TotalAssetsEOY |
| Total Liabilities BOY | 233576398 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 331503579 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 216571699 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 240260417 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | ABOUT NORTHWESTERN MEDICAL FACULTY FOUNDATION NORTHWESTERN MEDICAL FACULTY FOUNDATION (FOUNDATION) IS A FACULTY PRACTICE PLAN FOR THE FULL-TIME FACULTY OF NORTHWESTERN UNIVERSITY'S FEINBERG SCHOOL OF MEDICINE. COMPRISED OF APPROXIMATELY 800 PHYSICIANS AND 1,400 OTHER HEALTHCARE PROFESSIONALS, THE FOUNDATION PROVIDES SUPPORT FOR THE CLINICAL CARE ACTIVITIES OF ITS MEMBERS, A VENUE FOR MEDICAL EDUCATION AND CLINICAL RESEARCH, CHARITABLE OUTREACH TO THE COMMUNITY, AND FINANCIAL SUPPORT FOR THE ACADEMIC MISSION OF THE FEINBERG SCHOOL OF MEDICINE. MISSION: TO PROMOTE OPTIMAL HEALTH FOR OUR PATIENTS AND THE BROADER COMMUNITY BY PREVENTING AND CURING DISEASE, PROVIDING HIGH QUALITY MEDICAL CARE, AND SUPPORTING CRITICAL INQUIRY AND CONTINUOUS LEARNING. CORE COMMITMENTS: 1. TO PROVIDE ACCESSIBLE, EFFICIENT, AND EFFECTIVE MEDICAL CARE, WITH AN EMPHASIS ON DISTINCT INTERDISCIPLINARY SERVICES THAT FOCUS ON THE NEEDS OF THE PATIENT. 2. TO MAINTAIN PUBLIC AND INSTITUTIONAL TRUST BY EMBRACING THE HIG | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 480131791 | Expense |
| Grants | 0 | Grants |
| Revenue | 572257072 | Revenue |
| Description | CLINICAL CARE THE FOUNDATION IS COMMITTED TO PROVIDING HIGH QUALITY CLINICAL CARE TO OUR PATIENTS AND COMMUNITIES. OUR SPECIALISTS WORK ACROSS THE TRADITIONAL BOUNDARIES OF MEDICINE TO LEVERAGE THEIR EXPERTISE AND TO PROVIDE PATIENTS WITH COMPREHENSIVE, INDIVIDUALIZED, AND INNOVATIVE CLINICAL CARE. NORTHWESTERN MEMORIAL HOSPITAL, WHERE OUR MEMBERS ARE ATTENDING PHYSICIANS, IS RANKED AS A LEADER IN CLINICAL CARE IN A VARIETY OF SPECIALTIES BY U.S. NEWS AND WORLD REPORT. AMONG THESE ARE CANCER CARE; KIDNEY DISORDERS; HEART AND HEART SURGERY; GERIATRICS; EAR, NOSE AND THROAT; DIGESTIVE DISORDERS; RHEUMATOLOGY; DIABETES AND ENDOCRINE DISORDERS; NEUROLOGY AND NEUROSURGERY; GYNECOLOGY; ORTHOPEDICS; AND, UROLOGY. THE FOUNDATION ALSO OFFERS A VARIETY OF LEADING MULTI-DISCIPLINARY PROGRAMS THAT SERVE OUR PATIENT COMMUNITIES. EXAMPLES OF THESE ARE OUR CARDIOVASCULAR CENTER, CANCER CENTER, AND PELVIC HEALTH CENTER. THE BLUHM CARDIOVASCULAR INSTITUTE IS A RENOWNED HEART AND VASCULAR PROGRAM THAT OFFERS COMPREHENSIVE SERVICES AND TREATMENTS IN ALL AREAS OF CARDIOVASCULAR CARE. THE ROBERT H. LURIE COMPREHENSIVE CANCER CENTER IS COMMITTED TO PROVIDING PATIENTS WITH STATE-OF-THE ART TREATMENT, INNOVATIVE CLINICAL TRIAL OPTIONS, AND COMPASSIONATE CARE. THE MAGGIE DALEY CENTER FOR WOMEN'S CANCER CARE CENTRALIZES OUTPATIENT CANCER CARE FOR WOMEN, BRINGING TOGETHER IN ONE LOCATION BREAST MEDICAL ONCOLOGY, BREAST SURGERY, BREAST IMAGING, AND A COMPREHENSIVE RANGE OF SUPPORTIVE ONCOLOGY SERVICES. THE PELVIC HEALTH CENTER, A MULTIDISCIPLINARY CENTER TREATING SUCH DISORDERS AS INCONTINENCE, PELVIC ORGAN PROLAPSE, AND PELVIC PAIN SYNDROMES, BRINGS TOGETHER SPECIALISTS FROM UROGYNECOLOGY, UROLOGY, COLORECTAL SURGERY, AND REHABILITATION AND PHYSICAL THERAPY. THE FOUNDATION IS COMMITTED TO BEING A LEADING PROVIDER OF CLINICAL CARE TO ALL OF OUR COMMUNITIES AND NEIGHBORHOODS, REGARDLESS OF A PATIENT'S ABILITY TO PAY. IN ACCORDANCE WITH OUR COMMITMENT TO THE COMMUNITY, THE FOUNDATION PROVIDES MEDICAL CARE TO INDIGENT AND ECONOMICALLY DISADVANTAGED PERSONS FREE OF CHARGE OR AT DISCOUNTED RATES. SPECIFICALLY, THE FOUNDATION OFFERS CHARITY CARE OPTIONS TO ITS PATIENTS WHO ARE ILLINOIS RESIDENTS (WITH SOME EXCEPTIONS FOR NONRESIDENTS) AND WHO MEET THE GUIDELINES SET FORTH IN ITS CHARITY CARE POLICY AND WHO APPLY FOR FINANCIAL ASSISTANCE. THE CURRENT GUIDELINES OFFER A 100% DISCOUNT TO PATIENTS WITH INCOME UP TO 250% OF THE FEDERAL POVERTY LEVEL AND A 75% DISCOUNT TO PATIENTS WITH INCOME EQUAL TO 251-600% OF THE FEDERAL POVERTY LEVEL. EVEN IF A PATIENT IS NOT ELIGIBLE FOR A DISCOUNT DUE TO INCOME LEVEL, CHARGES ARE CAPPED TO NOT EXCEED SPECIFIED PERCENTAGES OF A PATIENT'S ANNUAL INCOME. FOR THE YEAR ENDED AUGUST 31, 2012, THE COST OF CHARITY CARE APPROXIMATED $11,773,000. THE FOUNDATION ESTIMATED THESE COSTS BY APPLYING AN OVERALL COST TO CHARGE RATIO TO THE CHARGES INCURRED. IN ADDITION TO CHARITY CARE, THE FOUNDATION PROVIDES MEDICAL CARE TO PERSONS COVERED BY GOVERNMENT PROGRAMS WHICH PROVIDE REIMBURSEMENT AT RATES THAT ARE LESS THAN THE RELATED COSTS. THE FOUNDATION ALSO STRIVES TO PROVIDE A FULL CONTINUUM OF CLINICAL CARE TO OUR COMMUNITY THAT MEETS THE VARYING HEALTHCARE NEEDS OF ITS RESIDENTS. IN ORDER TO PROVIDE COMPREHENSIVE CARE, THE FOUNDATION OFFERS SERVICES THAT ARE OFTEN CRITICAL TO A PATIENT'S HEALTH, BUT WHERE REIMBURSEMENT DOES NOT COVER THE COSTS OF PROVIDING THE SERVICES. THE FOUNDATION ENGAGES IN A NUMBER OF COMMUNITY OUTREACH ACTIVITIES, MANY OF WHICH PROVIDE ACCESS TO HIGH QUALITY CARE TO COMMUNITY RESIDENTS WHO MAY NOT OTHERWISE RECEIVE ADEQUATE TREATMENT. FOUNDATION PHYSICIANS FROM NUMEROUS PRACTICE AREAS PROVIDE FREE MEDICAL CARE AT COMMUNITY CLINICS SERVING THE INDIGENT AND UNDERSERVED POPULATIONS. IN ADDITION, SEVERAL FOUNDATION PHYSICIANS PROVIDE CARE AT THE JESSE BROWN VETERANS ADMINISTRATION MEDICAL CENTER AND AT THE JOHN STROGER HOSPITAL OF COOK COUNTY. THE FOUNDATION ALSO OFFERS INTERPRETATION SERVICES AT NO CHARGE TO ALL PATIENTS. FURTHER, THE FOUNDATION SPONSORS A TRANSPLANT PROGRAM DEDICATED TO SPANISH SPEAKING PATIENTS IN ORDER TO MORE EFFECTIVELY EDUCATE AND TREAT THE SPANISH SPEAKING SEGMENT OF OUR COMMUNITY. THE FOUNDATION ALSO SUPPORTS OTHER HEALTH-RELATED AND NON-HEALTH-RELATED PROGRAMS OF BENEFIT TO SURROUNDING COMMUNITIES. FOR EXAMPLE, A "CHARITABLE TEAM," COMPRISED OF EMPLOYEE VOLUNTEERS FROM A CROSS-SECTION OF DEPARTMENTS, IDENTIFIES OPPORTUNITIES DESIGNED TO SUPPORT COMMUNITY NEEDS. DURING FISCAL YEAR 2012, THESE ACTIVITIES INCLUDED CLOTHING, FOOD, SCHOOL SUPPLY, AND TOY DRIVES; A FUNDRAISING EVENT FOR THE GREATER CHICAGO FOOD DEPOSITORY; AND PARTICIPATING IN THE CHICAGO CARE-A-THON. IN ADDITION, THE FOUNDATION PROVIDES EXTENSIVE HEALTH CARE STUDENT TRAINING, CLINICAL OBSERVATION OPPORTUNITIES, AND IN-SERVICE OR OTHER TRAINING PROGRAMS FOR NON-NORTHWESTERN STUDENTS, VISITING SCHOLARS AND CLINICIANS, AND HEALTH CARE PROFESSIONALS. CLINICAL PRACTICE AREAS AND ADMINISTRATIVE DEPARTMENTS WITHIN THE FOUNDATION ALSO PARTICIPATE IN A NUMBER OF ACTIVITIES WHICH BENEFIT LOCAL, NATIONAL, AND INTERNATIONAL COMMUNITIES. THESE INCLUDE: -FUNDING A PORTION OF SALARIES FOR PATIENT NAVIGATORS TO ASSIST COMMUNITY PATIENTS IN OVERCOMING BARRIERS TO CANCER CARE; -PROVIDING SUPPORT PROGRAMS FOR PATIENTS, FAMILIES/CAREGIVERS AND THE PUBLIC. FOR EXAMPLE, THE FOUNDATION'S MONTHLY "CANCER CONNECTIONS" MEETING PROVIDES PATIENTS, CAREGIVERS AND FAMILY MEMBERS, AND THE PUBLIC AN OPPORTUNITY TO LEARN ABOUT LOCAL SUPPORT GROUPS, EDUCATIONAL PROGRAMS, WELLNESS ACTIVITIES AND COMMUNITY RESOURCES TO ASSIST PATIENTS IN THEIR CANCER JOURNEY; -PROVIDING HEALTH INFORMATION TO THE COMMUNITY: PHYSICIANS FROM ALMOST EVERY CLINICAL AREA AT THE FOUNDATION ARE FREQUENT SPEAKERS AT COMMUNITY EDUCATION EVENTS, AS WELL AS CONTRIBUTORS TO STRUCTURED EDUCATIONAL PROGRAMS. THE INTERNET HAS ALSO PROVIDED A FORUM FOR FOUNDATION PHYSICIANS TO COMMUNICATE HEALTH INFORMATION TO THE PUBLIC; -SUPPORTING IN-KIND CONTRIBUTION TO ORGANIZATIONS THAT BENEFIT THE COMMUNITY: THE FOUNDATION ENCOURAGES ITS EMPLOYEES TO BE ACTIVELY INVOLVED IN PROFESSIONAL ACTIVITIES, AND MANY OF THE PROFESSIONAL ORGANIZATIONS IN WHICH THE EMPLOYEES ARE INVOLVED SEEK TO IMPROVE PUBLIC HEALTH; -SPONSORING VARIOUS EVENTS (e.g., BAKE SALES) TO BENEFIT VARIOUS CHARITIES. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 55433189 | Expense |
| Grants | 55433189 | Grants |
| Revenue | 0 | Revenue |
| Description | RESEARCH AND EDUCATION THE FOUNDATION IS COMMITTED TO THE MISSION OF ADVANCING THE BOUNDARIES OF MEDICAL SCIENCE AND CLINICAL PRACTICES THROUGH THE DISCOVERY, TRANSLATION, AND DISSEMINATION OF KNOWLEDGE IN CONJUNCTION WITH ITS ACADEMIC PARTNER, NORTHWESTERN UNIVERSITY FEINBERG SCHOOL OF MEDICINE (FSM). THE FOUNDATION ALSO IS COMMITTED TO TRAINING THE NEXT GENERATION OF HEALTHCARE PROVIDERS. THE FOUNDATION'S MEMBER PHYSICIANS ALSO SERVE AS FACULTY AT FSM AND PARTICIPATE IN A WIDE RANGE OF ACADEMIC ACTIVITIES INCLUDING TEACHING, RESEARCH, AND OTHER SCHOLARLY ACTIVITIES. FSM WAS RANKED BY U.S. NEWS AND WORLD REPORT AS BEING IN THE TOP TWENTY MEDICAL SCHOOLS IN THE NATION FOR RESEARCH. For the year ended August 31, 2012, the Foundation contributed $55.1 million to FSM directly and indirectly through Northwestern Foundation for Research and Education FOR THE PURPOSE OF DEVELOPING AND SUSTAINING MEDICAL EDUCATION PROGRAMS, ENHANCING BASIC AND APPLIED BIOMEDICAL RESEARCH, AND SUPPORTING OTHER RESEARCH AND EDUCATIONAL ACTIVITIES. IN PARTICULAR, FSM REPORTS THAT CONTRIBUTIONS FROM THE FOUNDATION: SUPPORTED THE RECRUITMENT AND RETENTION OF FACULTY INVESTIGATORS AND ACADEMIC LEADERS; PROVIDED FUNDING FOR CORE FACILITIES AND SERVICES FOR RESEARCH AND EDUCATION, INCLUDING THE CLINICAL AND TRANSLATIONAL SCIENCES INSTITUTE, CENTER FOR SIMULATION AND TECHNOLOGY AND IMMERSIVE LEARNING, ENTERPRISE DATA WAREHOUSE, AND THE CENTER FOR COMPARATIVE MEDICINE; ENABLED THE RENOVATION AND IMPROVEMENT OF PHYSICAL FACILITIES FOR RESEARCH AND EDUCATION; ESTABLISED THE INSTITUTE FOR PUBLIC HEALTH AND MEDICINE, WITH EMPHASIS ON HEALTH CARE QUALITY AND PATIENT CENTERED OUTCOMES; AND, PROVIDED FINANCIAL RESOURCES FOR THE GENERAL SUPPORT OF DEPARTMENT-BASED COSTS OF ACADEMIC AND RESEARCH ACTIVITIES, INCLUDING SALARIES OF FACULTY, GRADUATE STUDENTS, FELLOWS, AND RESEARCH STAFF. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 535564980 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 195 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 2379 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 32 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRIAN M WALSH | NamePerson |
| Telephone Number | 3126950141 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 680 NORTH LAKE SHORE DRIVE STE 111 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (51 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ERIC G NEILSON MD | ||||||||
| Chairman and CEO | 60.0 | X | X | 199187 | 199855 | 29598 | ||
| James Adams MD | ||||||||
| Director | 60.0 | X | 348822 | 225877 | 50294 | |||
| H HUNTINGTON BATJER MD | ||||||||
| Director | 60.0 | X | 1033186 | 116215 | 65609 | |||
| HOWARD CHRISMAN MD | ||||||||
| Director | 60.0 | X | 638141 | 1010 | 37951 | |||
| JOHN csernansky MD | ||||||||
| Director | 60.0 | X | 223020 | 265890 | 44384 | |||
| SHARON DOOLEY MD | ||||||||
| Director | 60.0 | X | 371077 | 119598 | 35748 | |||
| ROBERT KERN MD | ||||||||
| Director | 60.0 | X | 588962 | 234773 | 72099 | |||
| JOHN KESSLER MD | ||||||||
| Director | 60.0 | X | 583863 | 235885 | 72920 | |||
| BHARAT MITTAL MD | ||||||||
| Director | 60.0 | X | 683540 | 97500 | 66640 | |||
| WILLIAM MULLER MD | ||||||||
| Director | 60.0 | X | 311061 | 299919 | 71087 | |||
| AMY PALLER MD | ||||||||
| Director | 60.0 | X | 519116 | 133065 | 73256 | |||
| ERIC RUSSELL MD | ||||||||
| Director | 60.0 | X | 894610 | 119271 | 58749 | |||
| ANTHONY SCHAEFFER MD | ||||||||
| Director | 60.0 | X | 451164 | 365775 | 61699 | |||
| NATHANIEL SOPER MD | ||||||||
| Director | 60.0 | X | 682932 | 162192 | 60716 | |||
| MARIE CHRISTINE STOCK MD | ||||||||
| Director | 60.0 | X | 686184 | 1008 | 54657 | |||
| DOUGLAS VAUGHAN MD | ||||||||
| Director | 60.0 | X | 457055 | 273073 | 67335 | |||
| NICHOLAS VOLPE MD | ||||||||
| Director | 60.0 | X | 421996 | 162789 | 55359 | |||
| SERDAR BULUN MD | ||||||||
| Director | 60.0 | X | 50634 | 331959 | 39594 | |||
| JACK ROZENTAL MD | ||||||||
| Director | 60.0 | X | 203783 | 20574 | 51114 | |||
| TERRANCE PEABODY MD | ||||||||
| Director | 60.0 | X | 160547 | 63162 | 27400 | |||
| ROBERT SUFIT MD | ||||||||
| Director | 60.0 | X | 193168 | 62907 | 37819 | |||
| ROBERT FEDER MD | ||||||||
| Director | 60.0 | X | 307922 | 1806 | 56318 | |||
| JAMES CHANDLER MD | ||||||||
| Director | 60.0 | X | 723658 | 20462 | 40494 | |||
| WILLIAM GROBMAN MD | ||||||||
| Director | 60.0 | X | 72918 | 216028 | 43983 | |||
| JUDITH WOLFMAN MD | ||||||||
| Director | 60.0 | X | 391825 | 3083 | 51708 | |||
| DAVID MAHVI MD | ||||||||
| Director | 60.0 | X | 445308 | 71517 | 59676 | |||
| JONATHAN LICHT MD | ||||||||
| Director | 60.0 | X | 180186 | 390973 | 61113 | |||
| Gary Martin | ||||||||
| Director | 60.0 | X | 147286 | 197854 | 61860 | |||
| MALCOLM DECAMP MD | ||||||||
| Director | 60.0 | X | 830474 | 69753 | 60601 | |||
| CLYDE YANCY MD | ||||||||
| Director | 60.0 | X | 153635 | 412625 | 41839 | |||
| STEPHEN CRAWFORD | ||||||||
| Independent Director | 1.0 | X | 4850 | 0 | 0 | |||
| CHARLES GARDNER | ||||||||
| Independent Director | 1.0 | X | 12350 | 0 | 0 | |||
| J DOUGLAS GRAY | ||||||||
| Independent Director | 1.0 | X | 6650 | 0 | 0 | |||
| KATHY HANNAN | ||||||||
| Independent Director | 1.0 | X | 0 | 0 | 0 | |||
| LLOYD MORGAN | ||||||||
| Independent Director | 1.0 | X | 6900 | 0 | 0 | |||
| JANE PIGOTT | ||||||||
| Independent Director | 1.0 | X | 0 | 0 | 0 | |||
| DEAN HARRISON | ||||||||
| Ex-Officio Director | 1.0 | X | 0 | 0 | 0 | |||
| NORMAN BOTSFORD | ||||||||
| CHIEF OPERATING OFFICER | 60.0 | X | X | 155000 | 0 | 0 | ||
| PHILLIP ROEMER MD | ||||||||
| Chief Medical Officer | 60.0 | X | 297623 | 3000 | 55760 | |||
| Brian m Walsh | ||||||||
| CHIEF FINANCIAL OFFICER | 60.0 | X | 437831 | 0 | 34540 | |||
| Danae K Prousis | ||||||||
| GENERAL COUNSEL | 60.0 | X | 568688 | 0 | 33040 | |||
| CARL CHRISTENSEN | ||||||||
| CHIEF INFORMATION OFFICER | 60.0 | X | 432986 | 0 | 3628 | |||
| STEVEN ROSEN MD | ||||||||
| PHYSICIAN | 60.0 | 277460 | 840294 | 56312 | X | |||
| SIMON YOO MD | ||||||||
| PHYSICIAN | 60.0 | 1165296 | 2334 | 44035 | X | |||
| MURAD ALAM MD | ||||||||
| PHYSICIAN | 60.0 | 1423269 | 2333 | 38440 | X | |||
| PATRICK MCCARTHY MD | ||||||||
| PHYSICIAN | 60.0 | 1828161 | 160192 | 53724 | X | |||
| THOMAS MUSTOE MD | ||||||||
| PHYSICIAN | 60.0 | 1018689 | 109168 | 58159 | X | |||
| LISA ANASTOS | ||||||||
| FORMER OFFICER | 60.0 | 322006 | 0 | 2366 | X | |||
| JEFFREY GLASSROTH | ||||||||
| Former Chair and Officer | 60.0 | 1034838 | 265749 | 54891 | X | |||
| JAMES LARRY JAMESON | ||||||||
| Former Chair | 60.0 | 171151 | 372500 | 52158 | X | |||
| JAMES SCHROEDER | ||||||||
| Former Officer | 60.0 | 517293 | 163532 | 59217 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 22636301 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 6795500 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 2157890 | TotalOtherCompensation |
| Number Individuals GT100 K | 793 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| RAGNER BENSON CONSTRUCTION | |||||
| 250 SOUTH NORTHWEST HIGHWAY | PARK RIDGE | IL | 60068 | CONSTRUCTION SERVICE | 2705588 |
| Winston Strawn LLP | |||||
| 35 WEST WACKER DRIVE | CHICAGO | IL | 60601 | LEGAL SERVICES | 528658 |
| MIRAMED REVENUE GROUP | |||||
| 991 OAK CREEK DRIVE | LOMBARD | IL | 60148 | REVENUE CYCLE SRVC | 382689 |
| MCDERMOTT WILL EMERY | |||||
| 227 WEST MONROE | CHICAGO | IL | 60606 | LEGAL SERVICES | 337268 |
| ERNST YOUNG LLP | |||||
| 155 NORTH WACKER DRIVE | CHICAGO | IL | 60606 | AUDIT & TAX SERVICES | 285904 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 14 | NumberOfContractorsGT100K |
| Government Grants | 9345000 | GovernmentGrants |
| All Other Contributions | 26172000 | AllOtherContributions |
| Noncash Contributions | 5750000 | NoncashContributions |
| Total Contributions | 35517000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| PATIENT SERVICE REVENUE | 621110 | 505004000 | 505004000 |
| RENTAL INCOME | 532000 | 507000 | 507000 |
| OTHER REVENUE | 621110 | 64749072 | 64749072 |
| DIAGNOSTIC IMAGING - THIRD PARTIES | 621110 | 1997000 | 1997000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 572257072 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1448271 | TotalRevenueColumn |
| Unrelated Business Revenue | 1049223 | UnrelatedBusinessRevenue |
| Exclusion | $399,048 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 346 | TotalRevenueColumn |
| Exclusion | $346 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 9468720 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 9910500 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -441780 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -441780 | TotalRevenueColumn |
| Exclusion | -$441,780 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 608780909 | TotalRevenueColumn |
| Related Or Exempt Function Income | 572257072 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1049223 | UnrelatedBusinessRevenue |
| Exclusion | -$42,386 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55433189 | Total |
| Program Services | 55433189 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17075277 | Total |
| Program Services | 13859707 | ProgramServices |
| Management And General | 3215570 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1212864 | Total |
| Management And General | 1212864 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 261476936 | Total |
| Program Services | 241574305 | ProgramServices |
| Management And General | 19902631 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20254724 | Total |
| Program Services | 18602990 | ProgramServices |
| Management And General | 1651734 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20162834 | Total |
| Program Services | 17004128 | ProgramServices |
| Management And General | 3158706 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13504817 | Total |
| Program Services | 11297114 | ProgramServices |
| Management And General | 2207703 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1133373 | Total |
| Management And General | 1133373 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1779416 | Total |
| Program Services | 47246 | ProgramServices |
| Management And General | 1732170 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 392768 | Total |
| Management And General | 392768 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90584 | Total |
| Management And General | 90584 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26984118 | Total |
| Program Services | 21871873 | ProgramServices |
| Management And General | 5112245 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 319631 | Total |
| Program Services | 314021 | ProgramServices |
| Management And General | 5610 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7595306 | Total |
| Program Services | 4712175 | ProgramServices |
| Management And General | 2883131 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4934093 | Total |
| Program Services | 403008 | ProgramServices |
| Management And General | 4531085 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15978552 | Total |
| Program Services | 13488462 | ProgramServices |
| Management And General | 2490090 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1206052 | Total |
| Program Services | 1121111 | ProgramServices |
| Management And General | 84941 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2953432 | Total |
| Program Services | 2776815 | ProgramServices |
| Management And General | 176617 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10418303 | Total |
| Program Services | 6051070 | ProgramServices |
| Management And General | 4367233 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10495463 | Total |
| Program Services | 10256974 | ProgramServices |
| Management And General | 238489 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| DRUGS AND MEDICAL SUPPLIES | 77835025 | 76745312 | 1089713 |
| PROVISION FOR BAD DEBT | 35692328 | 35692328 | 0 |
| UBIT EXPENSES | 743094 | 743094 | |
| MISCELLANEOUS EXPENSES | 5197649 | 4313152 | 884497 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 592869828 | Total |
| Program Services | 535564980 | ProgramServices |
| Management And General | 57304848 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29272085 | BOY |
| EOY | 42212532 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72029938 | BOY |
| EOY | 85521548 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19991661 | BOY |
| EOY | 15444029 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57632970 | BOY |
| EOY | 57252243 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36667 | BOY |
| EOY | 16667 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3103894 | BOY |
| EOY | 4138797 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2733213 | BOY |
| EOY | 3899062 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5303957 | BOY |
| EOY | 5632205 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 170053670 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 94953432 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71520232 | BOY |
| EOY | 75100238 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81622929 | BOY |
| EOY | 85470982 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121062 | BOY |
| EOY | 151381 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 2170121 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 106779489 | BOY |
| EOY | 194754191 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450148097 | BOY |
| EOY | 571763996 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57401351 | BOY |
| EOY | 65131474 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24649883 | BOY |
| EOY | 30423278 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71172698 | BOY |
| EOY | 63965000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1039689 | BOY |
| EOY | 1651503 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79312777 | BOY |
| EOY | 170332324 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 233576398 | BOY |
| EOY | 331503579 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 185486522 | BOY |
| EOY | 198441342 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31085177 | BOY |
| EOY | 41819075 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 216571699 | BOY |
| EOY | 240260417 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 450148097 | BOY |
| EOY | 571763996 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 15911081 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 7777637 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10526767 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15017151 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 14363797 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 23521970 | CurrentTaxYearMinus1Year |
| Current Tax Year | 35517000 | CurrentTaxYear |
| Total | 98946685 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 465454273 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 501009070 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 536910335 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 545752642 | CurrentTaxYearMinus1Year |
| Current Tax Year | 572257072 | CurrentTaxYear |
| Total | 2621383392 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 475981040 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 516026221 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 551274132 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 569274612 | CurrentTaxYearMinus1Year |
| Current Tax Year | 607774072 | CurrentTaxYear |
| Total | 2720330077 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2720330077 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2082328 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1203782 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1763780 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1569425 | CurrentTaxYearMinus1Year |
| Current Tax Year | 399394 | CurrentTaxYear |
| Total | 7018709 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 895396 | CurrentTaxYear |
| Total | 895396 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2082328 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1203782 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1763780 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1569425 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1294790 | CurrentTaxYear |
| Total | 7914105 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 478063368 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 517230003 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 553037912 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 570844037 | CurrentTaxYearMinus1Year |
| Current Tax Year | 609068862 | CurrentTaxYear |
| Total | 2728244182 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99710 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.98870 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00290 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01130 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1314716 | OtherCostOrOtherBasis |
| Book Value | 1314716 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 83300681 | OtherCostOrOtherBasis |
| Depreciation | 40492974 | Depreciation |
| Book Value | 42807707 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22887479 | OtherCostOrOtherBasis |
| Depreciation | 8997077 | Depreciation |
| Book Value | 13890402 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54260784 | OtherCostOrOtherBasis |
| Depreciation | 41839660 | Depreciation |
| Book Value | 12421124 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8290010 | OtherCostOrOtherBasis |
| Depreciation | 3623721 | Depreciation |
| Book Value | 4666289 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 75100238 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (30 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CFI CORE EQUITY FUND | 5115917 | F |
| CFI GLOBAL BOND FUND | 1429750 | F |
| CFI HIGH QUALITY BOND FUND | 22750575 | F |
| CFI INTERNATIONAL EQUITY FUND | 5432667 | F |
| CFI REAL RETURN FUND | 1815918 | F |
| SSGA GLOBAL NATURAL RESOURCE | 1134866 | F |
| SSGA MSCI EMERGING MARKET FUND | 9851228 | F |
| SSGA DOW JONES UBS COMMODITY | 4653969 | F |
| STRATEGIC SOLUTION EQUITY FUND | 5925198 | F |
| SSG RELATIVE VALUE EVENT A01 | 1544353 | F |
| SSG RELATIVE VALUE EVENT A20 | 16593 | F |
| REALTY INVESTORS 2002-06 | 575059 | F |
| REALTY INVESTORS 2005-12 | 57673 | F |
| GLOBAL DISTRESSED PARTNERS III | 1373059 | F |
| DISTRESSED PARTNERS II | 702611 | F |
| VENTURE PARTNERS VII | 970926 | F |
| VENTURE PARTNERS VIII | 813822 | F |
| INT PRIVATE EQUITY PARTNERS V | 890125 | F |
| INT PRIVATE EQUITY PARTNERS VI | 591773 | F |
| PRIVATE EQUITY PARTNERS VI | 862994 | F |
| PRIVATE EQUITY PARTNERS VII | 527228 | F |
| NATURAL RESOURCES VI | 2113997 | F |
| NATURAL RESOURCES VII | 812580 | F |
| STATE ST. INSTITUTIONAL MKT FD | 706314 | F |
| TOTAL BOND MARKET INDEX FUND | 630000 | F |
| INFLATION-PROTECTED SECURITIES | 630000 | F |
| TOTAL STOCK MARKET INDEX FUND | 3220000 | F |
| REIT INDEX FUND INST (VGSNX) | 1260000 | F |
| TOTAL INTL. STOCK INDEX | 1260000 | F |
| CFI ALL CAP FUND | 7801787 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 85470982 | TotalOfBookValueSecurities |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| TRUSTEE-HELD FUNDS | 7808 |
| OTHER ACCOUNTS RECEIVABLE | 13032541 |
| DEFERRED COMPENSATION PROGRAM | 8152936 |
| INSURANCE PROGRAM ASSETS | 90925906 |
| INSURANCE RECOVERABLES | 82635000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 194754191 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCOUNTS PAYABLE DUE TO NU | $1,696,681 |
| DEFERRED COMPENSATION PROGRAM LIAB | $8,244,229 |
| INSURANCE PROGRAM LIABILITIES | $66,385,309 |
| DEFERRED RENT & LEASE INCENTIVE | $9,958,965 |
| OTHER NON-CURRENT LIABILITIES | $1,412,140 |
| ACCRUED LOSSES INSURANCE RECOVERY | $82,635,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 170332324 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | SCHEDULE D, PART XIV | ReturnReference |
| Explanation | THE FOUNDATION ROUTINELY ASSESSES UNCERTAIN TAX POSITIONS TO DETERMINE WHETHER, BASED ON THE TECHNICAL MERITS, SUCH POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. FOR POSITIONS THAT FAIL TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD THE FOUNDATION ESTIMATES AND RECORDS THE AMOUNT OF THE POTENTIAL TAX LIABILITY, INCLUDING TAXES, INTEREST, AND PENALTIES. WHERE MATERIAL, RELATED AMOUNTS ARE DISCLOSED. | Explanation |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|
| Central America and the Caribbean | Investments | ENDING BALANCE | 3376864 |
| Central America and the Caribbean | Program Services | INSURANCE | 19357812 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Amount Spent | 22734676 | SubtotalAmountSpent |
| Total Amount Spent | 22734676 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| NORTHWESTERN UNIVERSITY | |||||||
| 333 EAST SUPERIOR ST | Chicago | IL | 60611 | 362167817 | 501(C)(3) | 20314216 | PROVISION FOR RESEARCH & EDUCATION |
| NORTHWESTERN UNIVERSITY | |||||||
| 333 EAST SUPERIOR ST | CHICAGO | IL | 60611 | 362167817 | 501(C)(3) | 27145221 | Research and academic |
| MCGAW MEDICAL CENTER OF NORTHWESTERN UNIVER | |||||||
| 420 EAST SUPERIOR ST | CHICAGO | IL | 60611 | 362656113 | 501(C)(3) | 273752 | GENERAL MEDICAL EDUCATION SUPPORT |
| NORTHWESTERN FDN FOR RESEARCH & EDUCATION | |||||||
| 680 NORTH LAKE SHORE DRIVE | CHICAGO | IL | 60611 | 364093385 | 501(C)(3) | 7700000 | PROVISION FOR RESEARCH & EDUCATION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 3 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | FORM 990, SCHEDULE I | Identifier |
| Return Reference | DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANTS | ReturnReference |
| Explanation | THE FOUNDATION REQUIRES NORTHWESTERN UNIVERSITY'S FEINBERG SCHOOL OF MEDICINE TO PROVIDE AN ANNUAL ACCOUNTING OF EXPENDITURES MADE AND ACTIVITIES SUPPORTED USING GRANTS AND CONTRIBUTIONS PROVIDED BY THE FOUNDATION (I.E., PROVISION FOR RESEARCH AND EDUCATION AND RESEARCH AND ACADEMIC PROGRAM SUPPORT AMOUNTS). GRANTS AND CONTRIBUTIONS MADE TO MCGAW MEDICAL CENTER ARE PAID ON THE BASIS OF PERIODIC INVOICES AND SUPPORT STIPENDS AND BENEFITS FOR MEDICAL RESIDENTS AND FELLOWS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | true | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | true | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | true | InitialContractException |
| Rebuttable Presumption Procedure | true | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (44 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ERIC G NEILSON MD | |||||||||||||
| 82080 | 199327 | 100000 | 0 | 17107 | 528 | 24000 | 0 | 5491 | 107 | 228678 | 199962 | 0 | 0 |
| James Adams MD | |||||||||||||
| 223462 | 225517 | 125000 | 0 | 360 | 360 | 29400 | 11182 | 8809 | 903 | 387031 | 237962 | 0 | 0 |
| H HUNTINGTON BATJER MD | |||||||||||||
| 906921 | 108899 | 100267 | 0 | 25998 | 7316 | 29400 | 11469 | 23952 | 794 | 1086538 | 128478 | 0 | 0 |
| HOWARD CHRISMAN MD | |||||||||||||
| 422600 | 959 | 198718 | 0 | 16823 | 51 | 29400 | 101 | 8447 | 3 | 675988 | 1114 | 0 | 0 |
| JOHN csernansky MD | |||||||||||||
| 106282 | 259083 | 110000 | 0 | 6738 | 6807 | 15454 | 5775 | 22002 | 1153 | 260476 | 272818 | 0 | 0 |
| SHARON DOOLEY MD | |||||||||||||
| 244407 | 87916 | 125000 | 0 | 1670 | 31682 | 25105 | 5399 | 3978 | 1266 | 400160 | 126263 | 0 | 0 |
| ROBERT KERN MD | |||||||||||||
| 376153 | 234221 | 190000 | 0 | 22809 | 552 | 29400 | 11612 | 30091 | 996 | 648453 | 247381 | 0 | 0 |
| JOHN KESSLER MD | |||||||||||||
| 235140 | 234170 | 323065 | 0 | 25658 | 1715 | 29400 | 11574 | 30796 | 1150 | 644059 | 248609 | 0 | 0 |
| BHARAT MITTAL MD | |||||||||||||
| 537208 | 92625 | 140000 | 0 | 6332 | 4875 | 29400 | 9750 | 27065 | 425 | 740005 | 107675 | 0 | 0 |
| WILLIAM MULLER MD | |||||||||||||
| 144187 | 299919 | 160000 | 0 | 6874 | 0 | 29400 | 12250 | 28540 | 897 | 369001 | 313066 | 0 | 0 |
| AMY PALLER MD | |||||||||||||
| 321274 | 125556 | 180000 | 0 | 17842 | 7509 | 29400 | 13123 | 30412 | 321 | 578928 | 146509 | 0 | 0 |
| ERIC RUSSELL MD | |||||||||||||
| 560249 | 111803 | 325000 | 0 | 9361 | 7468 | 29400 | 11769 | 16707 | 873 | 940717 | 131913 | 0 | 0 |
| ANTHONY SCHAEFFER MD | |||||||||||||
| 205512 | 364060 | 220000 | 0 | 25652 | 1715 | 29400 | 12250 | 18796 | 1253 | 499360 | 379278 | 0 | 0 |
| NATHANIEL SOPER MD | |||||||||||||
| 524300 | 154445 | 135000 | 0 | 23632 | 7747 | 29400 | 6715 | 23683 | 918 | 736015 | 169825 | 0 | 0 |
| MARIE CHRISTINE STOCK MD | |||||||||||||
| 440362 | 958 | 223022 | 0 | 22800 | 50 | 29400 | 101 | 25150 | 6 | 740734 | 1115 | 0 | 0 |
| DOUGLAS VAUGHAN MD | |||||||||||||
| 387765 | 239790 | 62500 | 0 | 6790 | 33283 | 29400 | 8928 | 27893 | 1114 | 514348 | 283115 | 0 | 0 |
| NICHOLAS VOLPE MD | |||||||||||||
| 346528 | 143525 | 75000 | 0 | 468 | 19264 | 29400 | 6875 | 18373 | 711 | 469769 | 170375 | 0 | 0 |
| SERDAR BULUN MD | |||||||||||||
| 29039 | 294117 | 20933 | 0 | 662 | 37842 | 3710 | 12250 | 22638 | 996 | 76982 | 345205 | 0 | 0 |
| JACK ROZENTAL MD | |||||||||||||
| 159062 | 19545 | 27000 | 0 | 17721 | 1029 | 25298 | 2057 | 23609 | 150 | 252690 | 22781 | 0 | 0 |
| TERRANCE PEABODY MD | |||||||||||||
| 160153 | 62978 | 0 | 0 | 394 | 184 | 19443 | 0 | 7850 | 107 | 187840 | 63269 | 0 | 0 |
| ROBERT SUFIT MD | |||||||||||||
| 122910 | 58990 | 34000 | 0 | 36258 | 3917 | 23208 | 6210 | 7948 | 453 | 224324 | 69570 | 0 | 0 |
| ROBERT FEDER MD | |||||||||||||
| 218363 | 1578 | 50122 | 0 | 39437 | 228 | 29400 | 457 | 26447 | 14 | 363769 | 2277 | 0 | 0 |
| JAMES CHANDLER MD | |||||||||||||
| 528227 | 19439 | 195000 | 0 | 431 | 1023 | 29400 | 2046 | 9038 | 10 | 762096 | 22518 | 0 | 0 |
| WILLIAM GROBMAN MD | |||||||||||||
| 48256 | 203443 | 19937 | 0 | 4725 | 12585 | 10081 | 10783 | 22359 | 760 | 105358 | 227571 | 0 | 0 |
| JUDITH WOLFMAN MD | |||||||||||||
| 301017 | 2929 | 50589 | 0 | 40219 | 154 | 29400 | 308 | 21993 | 7 | 443218 | 3398 | 0 | 0 |
| DAVID MAHVI MD | |||||||||||||
| 371943 | 67941 | 50000 | 0 | 23365 | 3576 | 29400 | 7152 | 23060 | 64 | 497768 | 78733 | 0 | 0 |
| JONATHAN LICHT MD | |||||||||||||
| 126448 | 373921 | 47520 | 0 | 6218 | 17052 | 19901 | 12250 | 27966 | 996 | 228053 | 404219 | 0 | 0 |
| Gary Martin | |||||||||||||
| 101417 | 186874 | 41814 | 0 | 4055 | 10980 | 18304 | 19897 | 22602 | 1057 | 188192 | 218808 | 0 | 0 |
| MALCOLM DECAMP MD | |||||||||||||
| 708807 | 66265 | 50000 | 0 | 71667 | 3488 | 29400 | 6975 | 23952 | 274 | 883826 | 77002 | 0 | 0 |
| CLYDE YANCY MD | |||||||||||||
| 112828 | 357785 | 37500 | 0 | 3307 | 54840 | 16536 | 11594 | 12796 | 913 | 182967 | 425132 | 0 | 0 |
| PHILLIP ROEMER MD | |||||||||||||
| 230895 | 2850 | 61226 | 0 | 5502 | 150 | 29400 | 300 | 26055 | 5 | 353078 | 3305 | 0 | 0 |
| Brian m Walsh | |||||||||||||
| 261160 | 0 | 145000 | 0 | 31671 | 0 | 24500 | 0 | 10040 | 0 | 472371 | 0 | 0 | 0 |
| Danae K Prousis | |||||||||||||
| 342500 | 0 | 225000 | 0 | 1188 | 0 | 24500 | 0 | 8540 | 0 | 601728 | 0 | 0 | 0 |
| CARL CHRISTENSEN | |||||||||||||
| 332572 | 0 | 100000 | 0 | 414 | 0 | 0 | 0 | 3628 | 0 | 436614 | 0 | 0 | 0 |
| NORMAN BOTSFORD | |||||||||||||
| 155000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 155000 | 0 | 0 | 0 |
| STEVEN ROSEN MD | |||||||||||||
| 145670 | 822762 | 125000 | 0 | 6790 | 17532 | 18957 | 12250 | 23952 | 1153 | 320369 | 853697 | 0 | 0 |
| SIMON YOO MD | |||||||||||||
| 337764 | 2217 | 827362 | 0 | 170 | 117 | 29400 | 233 | 14387 | 15 | 1209083 | 2582 | 0 | 0 |
| MURAD ALAM MD | |||||||||||||
| 329369 | 2310 | 1077261 | 0 | 16639 | 23 | 29400 | 140 | 8884 | 16 | 1461553 | 2489 | 0 | 0 |
| PATRICK MCCARTHY MD | |||||||||||||
| 1164580 | 152514 | 640000 | 0 | 23581 | 7678 | 29400 | 6646 | 16617 | 1061 | 1874178 | 167899 | 0 | 0 |
| THOMAS MUSTOE MD | |||||||||||||
| 689815 | 104169 | 315000 | 0 | 13874 | 4999 | 29400 | 4799 | 23683 | 277 | 1071772 | 114244 | 0 | 0 |
| LISA ANASTOS | |||||||||||||
| 321803 | 0 | 0 | 0 | 203 | 0 | 0 | 0 | 2366 | 0 | 324372 | 0 | 0 | 0 |
| JEFFREY GLASSROTH | |||||||||||||
| 299120 | 265749 | 708333 | 0 | 27385 | 0 | 27458 | 10312 | 2439 | 14682 | 1064735 | 290743 | 0 | 0 |
| JAMES LARRY JAMESON | |||||||||||||
| 148230 | 363359 | 0 | 0 | 22921 | 9141 | 18085 | 21582 | 11914 | 577 | 201150 | 394659 | 0 | 0 |
| JAMES SCHROEDER | |||||||||||||
| 143040 | 154375 | 67695 | 0 | 306558 | 9157 | 0 | 0 | 0 | 0 | 517293 | 163532 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Supplemental Compensation Information | Schedule J, Part I, Line 4a | DR. JAMES SCHROEDER RECEIVED SEVERANCE PAYMENTS TOTALING $288,755 FROM THE ORGANIZATION. |
| SUPPLEMENTAL COMPENSATION INFORMATION | SCHEDULE J, PART I, LINE 4C | DURING THE PERIOD FROM DECEMBER 31, 1999 TO NOVEMBER 30, 2001, THE FOUNDATION SPONSORED A NONQUALIFIED, DISCRETIONARY DEFERRED COMPENSATION PLAN FOR CERTAIN EMPLOYEES. THIS PLAN ALLOWED PARTICIPANTS TO FORGO CERTAIN COMPENSATION AMOUNTS IN FAVOR OF A TEN-YEAR DEFERRED COMPENSATION OPTION. UNDER TERMS OF THE PROGRAM, PARTICIPANTS DIRECT THE INVESTMENT OF THEIR COMPENSATION DEFERRALS PLUS A 33% MATCHING AMOUNT PROVIDED BY THE FOUNDATION. PARTICIPANTS ARE ENTITLED TO THE CUMULATIVE NET EARNINGS REALIZED THROUGH INVESTMENT OF THESE FUNDS DURING THE OPTION PERIOD. TO RECEIVE PROCEEDS UNDER THE ARRANGEMENT, PARTICIPANTS MUST PAY AN EXERCISE PRICE EQUAL TO THE 33% MATCHING AMOUNT CONTRIBUTED BY THE FOUNDATION. THE FOLLOWING PARTICIPANTS RECEIVED PAYMENTS UNDER THE PROGRAM DURING THE REPORTING PERIOD: -H. Huntington Batjer, MD.... $268 -John Kessler, MD.............$85,065 -Marie CHRISTINE Stock, MD....$73,022 -JAMES SCHROEDER..............$67,695 -BRIAN M. WALSH...............$258 THESE PAYMENTS ARE INCLUDED WITHIN COMPENSATION SHOWN IN SCHEDULE J, PART II. |
| Supplemental Compensation Information | Schedule J, Part I, Line 5a | A LIMITED NUMBER OF PHYSICIANS EMPLOYED BY THE FOUNDATION RECEIVE COMPENSATION IN PART BASED UPON REVENUES GENERATED BY THEIR PERSONALLY PROVIDED CLINICAL SERVICES. |
| Supplemental Compensation Information | SCHEDULE J, PART I, LINE 7 | THE COMPENSATION COMMITTEE MAKES DECISIONS ON CERTAIN NON-FIXED PAYMENTS SUCH AS INCENTIVE COMPENSATION. SEE SCHEDULE O FOR DETAILED DESCRIPTION OF THE COMPENSATION COMMITTEE PROCESS. Schedule J, Part I, Line 8 PHYSICIANS WHOSE COMPENSATION IS REPORTED IN FORM 990, PART VII RECEIVED COMPENSATION PURSUANT TO TERMS THAT WERE FIXED IN CONTRACTS EXECUTED AT THE TIME OF THEIR RECRUITMENT TO THE FOUNDATION. IN EACH CASE, THE FOUNDATION FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURE DESCRIBED IN REGULATIONS SECTION 53.4958-6(C) IN APPROVING THEIR COMPENSATION. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ILLINOIS FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 861091967 | IssuerEIN |
| CUSIP Number | 111111111 | CUSIPNumber |
| Date Issued | 2012-04-23 | DateIssued |
| Issue Price | 63965000 | IssuePrice |
| Description Of Purpose | REFUNDING OF 1998 BONDS | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 63452252 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 63965000 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 512748 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2012 | YearOfSubstCompletion |
| Current Refunding | true | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | true | EngageBondCounselContracts |
| Any Research Agreements | true | AnyResearchAgreements |
| Engage Bond Counsel Research | true | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0.00620 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00620 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | false | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | true | ExceptionToRebate |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DAVID MAHVI RECRUIT | NamePerson |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $100,000 | OriginalPrincipalAmount |
| Balance Due | 16667 | BalanceDue |
| Default | false | Default |
| Approved By Board | false | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 16667 | TotalBalanceDue |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LOAN TO DIRECTOR PRIOR TO HIS DIRECTORSHIP | Identifier |
| Return Reference | SCHEDULE L, PART II | ReturnReference |
| Explanation | DR. DAVID MAHVI'S RECRUITMENT AGREEMENT WITH NORTHWESTERN MEDICAL FACULTY FOUNDATION INCLUDES A LOAN. DR. MAHVI IS A MEMBER OF THE BOARD OF DIRECTORS AND AN EMPLOYED PHYSICIAN. THIS ARRANGEMENT WAS PART OF A RECRUITMENT PACKAGE MADE IN ACCORDANCE WITH FOUNDATION'S COMPENSATION COMMITTEE POLICIES AND PROCEDURES, AND WAS EXECUTED BEFORE THE PHYSICIAN WAS APPOINTED AS A DIRECTOR. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded |
Securities Closely Held Stock SecuritiesCloselyHeldStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2400 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5250000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | other | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Information | Identifier |
| Return Reference | Schedule M, Part I, Line 10 | ReturnReference |
| Explanation | ON September 23, 2011, the Foundation accepted assignment of common stock representing non-controlling interests in two commercial ventures as part of the settlement of an estate for which the Foundation was a beneficiary. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Supplemental Information | FORM 990, PART V, LINE 2A | THE AMOUNT DISCLOSED REFLECTS THE NUMBER OF W-2'S ISSUED BY NORTHWESTERN MEDICAL FACULTY FOUNDATION DIRECTLY, AS WELL AS THOSE ISSUED BY NORTHWESTERN UNIVERSITY TO JOINT EMPLOYEES WHO ARE PAID THROUGH A COMMON PAYMASTER. |
| DELEGATION OF MANAGEMENT DUTIES | FORM 990, PART VI, LINE 3 | DURING FISCAL YEAR 2012, THE FOUNDATION RETAINED NORMAN A. BOTSFORD TO PROVIDE SERVICES AS INTERIM SENIOR VICE PRESIDENT AND CHIEF OPERATING OFFICER. ADDITIONALLY, DURING FISCAL YEAR 2012, THE FOUNDATION ENGAGED BEACON PARTNERS TO OVERSEE BILLING AND COLLECTION FUNCTIONS AND EASTWICK STRATEGY GROUP TO OVERSEE HUMAN RESOURCES FUNCTIONS. |
| DESCRIBE THE CLASS(ES) OF MEMBERS OR STOCKHOLDERS | FORM 990, PART VI, LINE 6 | THE FOUNDATION IS ORGANIZED UNDER THE ILLINOIS GENERAL NOT FOR PROFIT CORPORATION ACT AND HAS MEMBERS WHO ARE FACULTY MEMBERS OF THE NORTHWESTERN UNIVERSITY FEINBERG SCHOOL OF MEDICINE. |
| DESCRIPTION OF CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS | FORM 990, PART VI, LINE 7A | UNDER THE FOUNDATION'S BYLAWS, MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO ELECT AT-LARGE DIRECTORS OF THE BOARD AT THE ANNUAL MEETING OF THE MEMBERS. |
| DESCR CLASSES OF PERSONS, DECISIONS REQUIRING APPR & TYPE OF VOTING RIGHTS | FORM 990, PART VI, LINE 7B | UNDER THE FOUNDATION'S BYLAWS, MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO VOTE TO AMEND OR REPEAL THE BYLAWS AND TO ALTER THE AMOUNT OF THE CONTRIBUTIONS TO THE DEAN'S EDUCATION-RESEARCH FUND OF THE FEINBERG SCHOOL OF MEDICINE. |
| DESCRIBE THE PROCESS USED BY MANAGEMENT &/OR GOVERNING BODY TO REVIEW 990 | FORM 990, PART VI, LINE 11 | THE FOUNDATION'S BOARD OF DIRECTORS, THROUGH A POLICY ADOPTED BY THE BOARD, HAS DELEGATED TO THE COMPLIANCE AND AUDIT COMMITTEE RESPONSIBILITY FOR REVIEWING FORM 990 PRIOR TO FILING WITH THE IRS. THE COMPLIANCE AND AUDIT COMMITTEE RECEIVED FORM 990 (INCLUDING REQUIRED SCHEDULES) ON JULY 5, 2013, AND MET WITH MANAGEMENT ON JULY 10, 2013 TO REVIEW AND DISCUSS FORM 990 PRIOR TO FILING. |
| DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICT OF INTEREST | FORM 990, PART VI, LINE 12C | IN ACCORDANCE WITH ITS CONFLICT OF INTEREST POLICY, THE FOUNDATION CONDUCTS AN ANNUAL SURVEY OF INTERESTS OF THE MEMBERS OF THE BOARD OF DIRECTORS; MEMBERS OF BOARD COMMITTEES; OFFICERS; PHYSICIANS MEMBERS; PHYSICIAN CONSULTANTS; MANAGEMENT; THE INTERNAL AUDITOR; AND, THOSE INVOLVED IN PROCUREMENT ACTIVITIES. IN ADDITION TO COMPLETING THE ANNUAL SURVEY, INDIVIDUALS SUBJECT TO THE POLICY ARE REQUIRED TO UPDATE THEIR SURVEY RESPONSES THROUGHOUT THE YEAR. ALL ANNUAL RESPONSES ARE REVIEWED BY THE FOUNDATION'S GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER. ADDITIONALLY, THE FOUNDATION'S CLINICAL DEPARTMENT CHAIRMAN AND/OR DIVISION CHIEFS REVIEW THE ANNUAL SURVEY RESPONSES FOR THE PHYSICIANS IN THEIR DEPARTMENTS. FURTHER, THE COMPLIANCE AND AUDIT COMMITTEE REVIEWS THE ANNUAL SURVEY RESPONSES OF ALL MEMBERS OF THE BOARD OF DIRECTORS; MEMBERS OF BOARD COMMITTEES; OFFICERS; EXECUTIVE MANAGEMENT; AND, THE INTERNAL AUDITOR. THE COMPLIANCE AND AUDIT COMMITTEE ALSO RECEIVES AND REVIEWS A SUMMARY REPORT OF ANNUAL SURVEY RESPONSES FROM ALL OTHER RESPONDENTS. WHEN DEEMED NECESSARY AND APPROPRIATE, CONFLICT MANAGEMENT PLANS ARE DEVELOPED AND IMPLEMENTED FOR SELECT RESPONDENTS. THE FOUNDATION'S POLICY ALLOWS FOR PENALTIES FOR INDIVIDUALS REFUSING TO COOPERATE IN THE ANNUAL CONFLICT OF INTEREST SURVEY PROCESS. |
| PROCESS FOR DETERMINING COMPENSATION FOR CEO, AND OTHER OFFICERS | FORM 990, PART VI, LINES 15A & 15B | THE COMPENSATION COMMITTEE OF THE NORTHWESTERN MEDICAL FACULTY FOUNDATION IS A COMMITTEE OF THE BOARD OF DIRECTORS WHOSE VOTING MEMBERS ARE ALL OUTSIDE DIRECTORS. THE COMMITTEE OPERATES PURSUANT TO A COMPENSATION COMMITTEE CHARTER AND AN EXECUTIVE LEADERSHIP COMPENSATION PHILOSOPHY AND STRATEGY, BOTH APPROVED BY THE COMMITTEE AND THE BOARD OF DIRECTORS. THE CHARTER DELEGATES OVERSIGHT OF EXECUTIVE LEADERSHIP COMPENSATION TO THE COMMITTEE. THE COMMITTEE IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF ALL COMPENSATION AND BENEFITS PROVIDED BY THE FOUNDATION TO EXECUTIVES, PHYSICIANS WHO ARE "POTENTIALLY DISQUALIFIED PERSONS", AND OTHER PHYSICIAN EMPLOYEES WHO MEET CRITERIA ESTABLISHED BY THE COMMITTEE. THE COMMITTEE RECOGNIZES THE RESPONSIBILITY TO ENSURE THAT ITS EXECUTIVE LEADERSHIP COMPENSATION PROGRAM IS IN FULL COMPLIANCE WITH ALL APPLICABLE LAWS; THAT IT IS APPROPRIATE IN VIEW OF THE FOUNDATION'S PURPOSES, MISSION, AND TAX-EXEMPT STATUS; AND, THAT TOTAL COMPENSATION LEVELS ARE REASONABLE AND NOT EXCESSIVE. THE COMMITTEE, PRIOR TO MAKING COMPENSATION DECISIONS WITH RESPECT TO EXECUTIVE LEADERSHIP AND OTHER DISQUALIFIED PERSONS, OBTAINS AND RELIES UPON APPROPRIATE COMPARABILITY DATA TO SUPPORT ITS DECISION-MAKING PROCESS. THE COMMITTEE'S DECISION-MAKING PROCESS AND MEETINGS ARE THOROUGHLY DOCUMENTED IN OFFICIAL MINUTES ON A TIMELY BASIS. THE COMMITTEE ENGAGES OUTSIDE INDEPENDENT LEGAL COUNSEL AND OUTSIDE INDEPENDENT COMPENSATION CONSULTANTS TO ASSIST THE COMMITTEE IN ITS DECISION-MAKING PROCESS. NO MEMBER OF THE COMMITTEE HAS ANY CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENTS COMING BEFORE THE COMMITTEE. |
| AVAIL OF GOV DOCS, CONFLICT OF INTEREST POLICY, & FIN STMTS TO GEN PUBLIC | FORM 990, PART VI, LINE 19 | THE FOUNDATION MAKES AVAILABLE TO THE PUBLIC BOTH THE CONFLICT OF INTEREST POLICY AND PHYSICIAN RESPONSES TO THE ANNUAL CONFLICT OF INTEREST SURVEY. IN ACCORDANCE WITH LAW, THE FOUNDATION MAKES AVAILABLE ITS FORM 990 AND FORM 990-T TO THE PUBLIC. HOURS WORKED FOR RELATED ORGANIZATIONS FORM 990, PART VII, SECTION A THE TOTAL 60 HOURS REPORTED AS WORKED INCLUDES HOURS WORKED FOR BOTH THE FOUNDATION AND RELATED ORGANIZATIONS. |
| RECONILIATION OF NET ASSETS | FORM 990, PART XI, LINE 5 | LOSS ON REFINANCING ($2,377,267) UNREALIZED GAINS ON TRADING SECURITIES 1,766,105 UNREALIZED EARNINGS ON ALTERNATIVE INVESTMENTS 1,214,941 UNREALIZED EARNINGS ON INSURANCE PROGRAM ASSETS 5,573,858 UNREALIZED EARNINGS ON RESTRICTED ASSETS 1,600,000 ============= OTHER CHANGES IN NET ASSETS $7,777,637 |
| TAX-EXEMPT BOND MONITORING | SCHEDULE K, PART III, LINE 7 | MANAGEMENT PLANS TO ADOPT WRITTEN POLICIES AND PROCEDURES FOR ENSURING POST-ISSUANCE COMPLIANCE OF TAX-EXEMPT BOND LIABILITIES DURING FISCAL YEAR 2014. SCHEDULE K, PART V IN FY2014, MANAGEMENT PLANS TO ESTABLISH WRITTEN PROCEDURES FOR ENSURING THAT VIOLATIONS TO FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IN CASES WHERE SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| NORTHWESTERN UNIVERSITY FEINBERG SCHOOL | ||||||||||
| 420 EAST SUPERIOR STREET | CHICAGO | IL | 60611 | 362167817 | EDUCATION | IL | 501(C)(3) | 2 | NA | false |
| NORTHWESTERN FDN FOR RESEARCH &EDUCATION | ||||||||||
| 680 NORTH LAKE SHORE DRIVE | CHICAGO | IL | 60611 | 364093385 | SUPPORT ORG | IL | 501(C)(3) | 11,TYPE I | NMFF | true |
Form990 Schedule R Part III Form990ScheduleRPartIII
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHWESTERNROSIN EYECARE LLC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6233 CERMAK RD | AddressLine1 |
| City | BERWYN | City |
| State | IL | State |
| ZIP Code | 60402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362028676 | EIN |
| Primary Activity | EYEWEAR SALES | PrimaryActivity |
| Legal Domicile State | IL | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | RELATED | PredominantIncomeType |
| Share Of Total Income | 18788 | ShareOfTotalIncome |
| Share Of EOY Assets | 133239 | ShareOfEOYAssets |
| Disproportionate Allocations | false | DisproportionateAllocations |
| General Or Managing Partner | true | GeneralOrManagingPartner |
| Percentage Ownership | 0.70000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | true | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| NORTHWESTERNROSIN EYECARE LLC | ||
| A(IV) | 65000 | CASH |
| NORTHWESTERN FDN FOR RESEARCH & EDUCATION | ||
| B | 7700000 | CASH |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Northwestern University as related organization | Identifier |
| Return Reference | SCHEDULE R | ReturnReference |
| Explanation | NORTHWESTERN UNIVERSITY IS INCLUDED AS A "RELATED ORGANIZATION" BECAUSE UNDER THE CURRENT BYLAWS OF NORTHWESTERN MEDICAL FACULTY FOUNDATION, THE FOUNDATION'S CLINICAL DEPARTMENT CHAIRMEN COMPRISE A MAJORITY OF THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS. THESE INDIVIDUALS ARE ALSO EMPLOYED AS CHAIRMEN OF THE CORRESPONDING ACADEMIC DEPARTMENTS WITHIN THE FEINBERG SCHOOL OF MEDICINE OF NORTHWESTERN UNIVERSITY (FSM). HOWEVER, THE TWO ORGANIZATIONS DO NOT STAND IN THE ROLES OF PARENT AND SUBSIDIARY. THEY ARE SEPARATE LEGAL ENTITIES, AND NORTHWESTERN MEDICAL FACULTY FOUNDATION IS NOT SUBJECT TO CONTROL BY NORTHWESTERN UNIVERSITY OR VICE-VERSA. | Explanation |