2025-04-21T17:20:58-07:00 2024-08-31 990 2023-09-01 362656113 MCGAW MEDICAL CENTER OF NORTHWESTERN UNIVERSITY MCGA 3125037975 420 E Superior Street Suite 9 900 Chicago IL 60611 Grant Upson Assistant Treasurer/Secretary 3125030360 2025-04-21 1 2023 2025-03-06 01:10:19Z Grant P Upson 420 E Superior St Suite 9 900 Chicago IL 60611 129228876 0 X mcgaw.northwestern.edu X 1966 IL McGaw sponsors, administers and supports Graduate Medical Education programs. Each McGaw institutional member provides a supportive educational environment, routine assessment of quality control, and commitment of presence and financial resources to support these endeavors. These include administering payroll and benefits for over 1,200 fellows, interns and residents at 12 participating institutions. 6 0 1697 0 0 0 103753606 111064203 16154088 16573784 -56066 433656 0 0 119851628 128071643 37250 28250 0 0 116127707 124000085 0 0 0 3829398 3892371 119994355 127920706 -142727 150937 22880272 23438001 11142545 11395125 11737727 12042876 McGaw sponsors, administers and supports Graduate Medical Education programs. Each McGaw institutional member provides a supportive educational environment, routine assessment of quality control, and commitment of presence and financial resources to support these endeavors. These include administering payroll and benefits for over 1,200 fellows, interns and residents at 12 participating institutions. 0 0 123181299 0 128225855 McGaw coordinated and administered rotation schedules, salaries, and benefits for 1,284 FTE house staff members during the current year. For the academic year ending June 30, 2024, these FTE's provided services at 12 institutions in the metropolitan Chicago area. 0 0 0 123181299 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1697 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL IN X Grant P Upson 3125030360 420 E Superior Street Suite 9-900 Chicago IL 60611 Nancy Paridy JD Board Member 3 0 X 0 2062805 0 Eric Neilson MD Board Chair 4 0 X 0 1767427 0 James Adams MD Vice Chair 4 0 X 0 1639555 0 Gary Noskin MD Board Member 3 0 X 0 1198471 0 Heather Campbell Treasurer 4 0 X 0 627914 0 Farzaneh Sorond MD Board Member 3 0 X 0 584994 0 Marianne Green MD President 4 0 X 0 531489 0 Joshua Goldstein MD Vice President 4 0 X 0 354715 0 Grant Upson Assistant Treasurer & Secretary 4 0 X 0 285011 0 Nancy Parlapiano Executive Director of Graduate Medical Education 40 0 X 0 127169 0 Estella Alonso MD Board Member 3 0 X 0 0 0 0 9179550 0 1 0 1 0 Ernst & Young 155 N Wacker Dr 20th Floor Chicago IL 60606 Payroll & Acctg Svcs 679107 1 0 0 0 111064203 0 0 0 111064203 Reimbursement of Payroll & Benefits 561000 16408046 16408046 0 0 Reimbursement of Admin Costs 561000 165738 165738 0 0 0 0 0 0 16573784 279444 279444 0 0 0 0 0 0 0 0 0 0 0 0 1311445 0 1157233 0 154212 0 154212 154212 0 0 0 0 128071643 17007440 0 0 0 0 28250 28250 0 0 0 0 315221 0 315221 0 0 0 0 0 102580436 101614603 965833 0 2415728 2359327 56401 0 11107069 10920228 186841 0 7581631 7495338 86293 0 0 0 0 0 314381 0 314381 0 867803 0 867803 0 0 0 0 0 0 0 66339 0 66339 0 1414308 550000 864308 0 0 0 0 0 164929 0 164929 0 46849 0 46849 0 0 0 0 0 182671 0 182671 0 19606 0 19606 0 0 0 0 0 213903 213553 350 0 0 0 0 0 0 0 0 0 0 0 0 0 158275 0 158275 0 Dues & Accreditation Fees 636284 0 636284 0 Other Expenses 56444 0 56444 0 Reimbursement of Bank Fees -249421 0 -249421 0 0 0 0 127920706 123181299 4739407 0 X 8507805 9106118 0 0 0 0 7179281 6885385 0 0 0 0 0 268310 236508 0 0 0 0 0 0 1034122 885580 5890754 6324410 22880272 23438001 2892590 3470850 0 0 7154638 6972432 0 0 0 0 0 0 0 0 0 0 1095317 951843 11142545 11395125 X 11737727 12042876 0 0 11737727 12042876 22880272 23438001 X 150937 154212 0 0 0 0 X 0 1 X 1 0 X X 4 Northwestern University 362167817 2 1 28830641 0 Northwestern Memorial Hospital 370960170 3 1 52438852 0 Ann & Robert H Lurie Children's Hospital 362170833 3 1 29188612 0 Shirley Ryan Ability Lab 362256036 3 1 3615154 0 4 114073259 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Investment in Pooled Funds held by Northwestern University 6324410 6324410 0 Operating Lease Liability ASC 842 951843 951843 128225855 154212 0 0 0 154212 128071643 0 0 0 128071643 127920706 0 0 0 0 0 127920706 0 0 0 127920706 1 Total of Diversity Stipends 40 28250 0 book Schedule I, Part I, Line 2 Northwestern University Feinberg School of Medicine and McGaw welcome students from diverse backgrounds to apply for senior elective rotations. Qualified students receive stipends from $250-$2000 to defray transportation and living expenses. The program is directed towards students who will enhance the diversity of the educational environment. Interested students meeting the eligibility requirements may apply for the stipend. The student indicates how they meet the criteria as well as how their participation will enhance their professional interests, and further their career goals. The application forms are found on the visiting students website. After review of the applications, the Diversity Council determines which applicants will be awarded stipends. 0 0 0 0 0 0 0 0 0 Eric Neilson MD Board Chair 0 1767427 0 0 0 0 0 0 0 0 0 1767427 0 0 James Adams MD Vice Chair 0 1639555 0 0 0 0 0 0 0 0 0 1639555 0 0 Nancy Paridy JD Board Member 0 2062805 0 0 0 0 0 0 0 0 0 2062805 0 0 Heather Campbell Treasurer 0 627914 0 0 0 0 0 0 0 0 0 627914 0 0 Marianne Green MD President 0 531489 0 0 0 0 0 0 0 0 0 531489 0 0 Gary Noskin MD Board Member 0 1198471 0 0 0 0 0 0 0 0 0 1198471 0 0 Farzaneh Sorond MD Board Member 0 584994 0 0 0 0 0 0 0 0 0 584994 0 0 Joshua Goldstein MD Vice President 0 354715 0 0 0 0 0 0 0 0 0 354715 0 0 Grant Upson Assistant Treasurer & Secretary 0 285011 0 0 0 0 0 0 0 0 0 285011 0 0 Schedule J, Part II Compensation of McGaw Officers is established by the Northwestern University salary grade system, consistent with its compensation policy and practices. McGaw Officers are Northwestern University employees leased to McGaw. They do not receive payouts of supplemental non-qualified retirement. Earnings are not contingent on the entity's (McGaw's) financial results. All other Board Directors are paid consistent with the compensation policy and practices followed by their respective employer. Form 990, Part VI, Section A, Line 1a The McGaw Board of Directors is chaired by the Dean of the Northwestern University Feinberg School of Medicine. Two voting members are appointed by Northwestern Memorial Hospital, one of whom serves as the Vice-Chair. Each of the following supporting institutions appoints one Director - Ann & Robert H. Lurie Children's Hospital, Northwestern University, and the Shirley Ryan Ability Lab. Directors serve for a one year term and are not compensated. The Board President, Vice-President, Treasurer and Assistant Treasurer/Secretary serve ex-officio, without voting rights. Form 990, Part VI, Section A, Line 6 Board members are representatives from related organizations, as established by the organization's by-laws. The governing body of board members approves significant decisions. The organization's profits, excess dues and/or shares of net assets are not distributed. Form 990, Part VI, Section A, Line 7a Members of the governing body do not elect other members. Decisions of the governing body are not subject to approval by other members. Form 990, Part VI, Section B, Line 11b The Vice President and Treasurer complete a review of the IRS Form 990. The Treasurer provides each voting member of the governing body with an electronic version of the IRS Form 990 and similar state annual forms. The Treasurer requests that the recipients review the forms and provide feedback and questions by a specified deadline, prior to the date the return is due to be signed and finalized. The Treasurer maintains copies of IRS Form 990 and all schedules for at least three years. These are available for public inspection upon request. Form 990, Part VI, Section B, Line 12c Annually, the Treasurer collects conflict of interest statements completed by all Officers and Directors. The conflict of interest statements assess the independence of the governing body. Information on the statements signed by the Officers and Directors includes: their name, title, whether they have been aware of any familial or business relationships with the organization or with each other. Officers and Directors certify that they have read the policy and whether they are in compliance. A written explanation is required for any out of compliance situation. Completed questionnaires are submitted to the Treasurer, who contacts those individuals who did not complete the form within the required time frame. Form 990, Part VI, Section B, Line 15 Compensation for McGaw Officers is established by the Northwestern University salary grade system, consistent with its compensation policy and practices. Form 990, Part VI, Section C, Line 19 McGaw makes its governing documents, by-laws, conflict of interest policy and signed documents, financial statements and tax returns available to the public, upon request. Form 990, Part X, Line 19 Deferred Revenue represents deposits of funds, from member institutions, deposited by each with McGaw. These funds are reflected as liabilities on the statement of financial position. Form 990, Part XI, Line 5 Unrealized depreciation and appreciation represent McGaw's proportionate share of aggregate unrealized net negative and positive market value of pooled investments held by Northwestern University. Unrealized appreciation in market value of pooled investments was $154,212. Northwestern University 633 Clark Street Evanston IL 60208 362167817 Education and Research IL 501(c)3 2 N/A Northwestern Memorial Hospital 541 N Fairbanks Court Suite 2500 Chicago IL 60611 370960170 Hospital IL 501(c)3 3 N/A Ann & Robert H Lurie Children's Hospital of Chicago 225 East Chicago Avenue Chicago IL 60611 362170833 Hospital IL 501(c)3 3 N/A Shirley Ryan Ability Lab 355 East Erie Street Chicago IL 60611 362256036 Hospital IL 501(c)3 3 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 Northwestern University k 177603 McGaw entered into a lease agreement with Northwestern University for minimum monthly payments that serve to reimburse the University for McGaw's share of the cost of the space and its estimated share of the building's annual operating and maintenance costs. Northwestern University o 2025847 McGaw leases employees from Northwestern University, a related party. Listed organizations are affiliates of Northwestern University and none reports to the other. Schedule R, Part II All listed organizations are affiliates of Northwestern University and none reports to the other.