National University Of Health Sciences
- Assets
- $56.9m
- Revenue
- $24.8m
- Investments
- $0.0
- Employees
- 361
- Location
- Lombard, IL
- Founding
- 08/1942
- Data as of
- 08/2021
- EIN
- 36-1521940
Organization Overview
National University Of Health Sciences is located in Lombard, IL. The organization was established in 1942. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 08/2023, National University Of Health Sciences employed 361 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National University Of Health Sciences is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, National University Of Health Sciences generated $24.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $21.8m during the year ending 08/2021. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE LEADERSHIP AND PROVIDE RESOURCES FOR EDUCATION AND THE ETHICAL PRACTICE OF HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION - COLLEGE OF PROFESSIONAL STUDIES, COLLEGE OF ALLIED HEALTH SCIENCES, LINCOLN COLLEGE, FLORIDA PROGRAM, RESIDENT PROGRAM
STUDENT SERVICES - ADMISSIONS, REGISTRAR, FINANCIAL AID, DEAN OF STUDENTS
AUXILIARY ENTERPRISES - NUHS JOURNALS, RESIDENCE HALLS, RENTAL PROPERTIES, PARKING LOTS, CAMPUS STORE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Richards Dc Chair | OfficerTrustee | 1 | $0 |
Hector Perez-Gilbe MPH Mlis Vice Chair | OfficerTrustee | 1 | $0 |
Ashley Burkman Nd Board Member | Trustee | 1 | $0 |
Kenneth Dougherty Dc Board Member | Trustee | 1 | $0 |
Betty Graham Dc RN Board Member | Trustee | 1 | $0 |
Darren Hancock Dc Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Murphy & Miller Inc Outside Services & Maintenance Expense | 8/30/23 | $137,687 |
Sikich Llp Professional Services - Audit, Tax, Cons | 8/30/23 | $119,788 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,457,273 |
| Investment income | $366,924 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $33,195 |
| Net Gain/Loss on Asset Sales | $1,958,979 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,756,320 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $994,358 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $933,335 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,993,291 |
| Pension plan accruals and contributions | $178,000 |
| Other employee benefits | $1,957,049 |
| Payroll taxes | $782,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,156 |
| Fees for services: Accounting | $78,288 |
| Fees for services: Lobbying | $56,400 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $173,843 |
| Fees for services: Other | $1,690,563 |
| Advertising and promotion | $189,507 |
| Office expenses | $836,899 |
| Information technology | $90,275 |
| Royalties | $0 |
| Occupancy | $121,680 |
| Travel | $21,069 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,321 |
| Interest | $123,535 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,719,504 |
| Insurance | $252,711 |
| All other expenses | $0 |
| Total functional expenses | $21,758,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $992,743 |
| Savings and temporary cash investments | $5,790,822 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $344,420 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,317,373 |
| Inventories for sale or use | $56,854 |
| Prepaid expenses and deferred charges | $440,391 |
| Investments—publicly traded securities | $25,182,401 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,285 |
| Total assets | $56,942,374 |
| Accounts payable and accrued expenses | $1,287,641 |
| Grants payable | $0 |
| Deferred revenue | $173,046 |
| Tax-exempt bond liabilities | $4,139,500 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $975,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,164,365 |
| Total liabilities | $7,739,552 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $49,202,822 |