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Nonprofit · EIN 36-2167804

NATIONAL-LOUIS UNIVERSITY

Tax-exempt · WHEELING, IL 60090

Financials

$126.8M$118.5M2022$146.3M$129.9M2023$156.2M$139.9M2024
Revenue Expenses · by fiscal year end
Financials of NATIONAL-LOUIS UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$156,241,774$139,864,549$16,377,225$204,585,293$60,664,247$143,921,046
June 30, 2024990$146,280,572$129,947,897$16,332,675$164,911,952$39,978,555$124,933,397
June 30, 2023990$126,764,374$118,455,086$8,309,288$142,929,184$38,235,027$104,694,157
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$18,686,339
of which government grants
$14,783,570
Program service revenue
$129,776,102
Investment income
$6,436,244
Net rental income
-$82,018
Net gain from sales of assets
$3,966,430
Other revenue
$1,343,089

Expenses

Grants and similar amounts paid
$9,542,723
Compensation of officers, directors and key employees
$1,457,644
Other salaries and wages
$69,865,872
Salaries, compensation and benefits (total)
$89,761,438
Professional fundraising fees
$0
Legal fees
$88,098
Accounting fees
$98,402
Occupancy
$7,012,898
Travel
$952,902
Depreciation
$2,657,800
Program services (functional)
$126,463,117
Management and general (functional)
$11,599,631
Fundraising (functional)
$1,801,801

Balance sheet and other

Total assets, start of year
$164,911,952
Total assets, end of year
$204,585,293
Total liabilities, end of year
$60,664,247
Net assets, end of year
$143,921,046
Land, buildings and equipment
$57,386,309
Publicly traded securities
$74,488,766
Net assets without donor restrictions
$123,215,259
Net assets with donor restrictions
$20,705,787
Gross receipts
$156,404,744
Employees
1,912
Volunteers
19
Year formed
1912
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NIVINE MEGAHEDPRESIDENT
Officer
50$643,552$148,878
EDDIE PHILLIPSPROVOST
Officer
50$336,103$17,574
MARTY MICKEYTREASURER AND VP, FINANCE
Officer
50$226,818$59,587
RICHARD YACONISVP. ENROLLMENT AND MARKETING
Highest-paid employee
50$239,433$36,127
CAROLYN THEARD-GRIGGSDEAN OF NCE
Highest-paid employee
50$202,808$43,114
John MazariegosExecutive Director of Information Security
Highest-paid employee
50$220,629$18,970
THOMAS BERGMANNVP, HUMAN RESOURCES
Highest-paid employee
50$216,489$14,470
CHRISTOPHER CHANTSONVP, INSTITUTIONAL ADVANCEMENT
Highest-paid employee
50$207,491$22,364
DIANE TRAUSCHSEC. AND DIR. OF BOARD RELATIONS
Officer
50$94,349$30,774
ANDREA SAENZTRUSTEE
Trustee or director
1$0$0
BRUCE HAMPTONTRUSTEE
Trustee or director
1$0$0
CELENA SARILLOTRUSTEE
Trustee or director
1$0$0
CORNELIUS GRIGGSTRUSTEE
Trustee or director
1$0$0
IAN G ROSSTRUSTEE, CHAIR OF THE BOARD
Trustee or director
4$0$0
J MICHAEL LOCKETRUSTEE
Trustee or director
1$0$0
13 more people on this return
NameTitleHours / weekCompensation
JACK D FURSTTRUSTEE
Trustee or director
1$0
JAMES A FLOYD JRTRUSTEE
Trustee or director
1$0
JUAN C AVILATRUSTEE
Trustee or director
1$0
JULIE CHAVEZTRUSTEE
Trustee or director
1$0
JUSTIN T MARQUARDTTRUSTEE
Trustee or director
1$0
LOUISE L PERRINTRUSTEE
Trustee or director
1$0
MICHELLE L COLLINSTRUSTEE
Trustee or director
4$0
NATASHA GALAVOTTITRUSTEE
Trustee or director
1$0
OLIVER R MERRILLTRUSTEE
Trustee or director
1$0
PENNY BROWNTRUSTEE
Trustee or director
1$0
PETER A KADENSTRUSTEE
Trustee or director
1$0
PETER B CHERECWICHTRUSTEE
Trustee or director
1$0
THOMAS J FORMOLOTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 27 people
NameTitleHours / weekCompensationOther / benefits
NIVINE MEGAHEDPRESIDENT
Officer
50$606,312$145,014
EDDIE PHILLIPSPROVOST
Officer
50$250,703$43,668
MARTY MICKEYTREASURER AND VP, FINANCE
Officer
50$209,357$54,089
RICHARD YACONISVP. ENROLLMENT AND MARKETING
Highest-paid employee
50$222,896$33,152
MICHAEL GRAHAMVP, CHIEF INFORMATION OFFICER
Highest-paid employee
50$207,974$34,770
THOMAS BERGMANNVP, HUMAN RESOURCES
Highest-paid employee
50$209,107$22,169
CAROLYN THEARD-GRIGGSDEAN OF NCE
Highest-paid employee
50$198,070$29,868
CHRISTOPHER CHANTSONVP, INSTITUTIONAL ADVANCEMENT
Highest-paid employee
50$198,230$20,371
DIANE TRAUSCHSEC. AND DIR. OF BOARD RELATIONS
Officer
50$97,949$28,552
ANDREA SAENZTRUSTEE
Trustee or director
1$0$0
BRUCE HAMPTONTRUSTEE
Trustee or director
1$0$0
CELENA SARILLOTRUSTEE
Trustee or director
1$0$0
CORNELIUS GRIGGSTRUSTEE
Trustee or director
1$0$0
IAN G ROSSTRUSTEE, VICE CHAIR OF THE BOARD
Trustee or director
4$0$0
J MICHAEL LOCKETRUSTEE
Trustee or director
1$0$0
JACK D FURSTTRUSTEE
Trustee or director
1$0$0
JAMES A FLOYD JRTRUSTEE
Trustee or director
1$0$0
JUAN C AVILATRUSTEE
Trustee or director
1$0$0
JULIE CHAVEZTRUSTEE
Trustee or director
1$0$0
JUSTIN T MARQUARDTTRUSTEE
Trustee or director
1$0$0
LOUISE L PERRINTRUSTEE
Trustee or director
1$0$0
MICHELLE L COLLINSTRUSTEE, CHAIRMAN OF THE BOARD
Trustee or director
4$0$0
OLIVER R MERRILLTRUSTEE
Trustee or director
1$0$0
PENNY BROWNTRUSTEE
Trustee or director
1$0$0
PETER A KADENSTRUSTEE
Trustee or director
1$0$0
PETER B CHERECWICHTRUSTEE
Trustee or director
1$0$0
THOMAS J FORMOLOTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
NIVINE MEGAHEDPRESIDENT
Officer
50$900,835$143,130
AARTI DHUPELIAVP, UNDERGRADUATE EDUCATION
Highest-paid employee
50$324,040$23,322
MARTY MICKEYTREASURER AND VP, FINANCE
Officer
50$275,633$52,450
EDDIE PHILLIPSPROVOST-SINCE 05/01/2022
Officer
50$220,227$34,181
RICHARD YACONISVP, ENROLLMENT AND MARKETING
Highest-paid employee
50$211,476$39,349
MICHAEL GRAHAMVP, CHIEF INFORMATION OFFICER
Highest-paid employee
50$207,869$26,654
THOMAS BERGMANNVP, HUMAN RESOURCES
Highest-paid employee
50$198,921$28,078
CHRISTOPHER CHANTSONVP, INSTITUTIONAL ADVANCEMENT
Highest-paid employee
50$184,767$18,661
SAIB OTHMANFORMER PROVOST-7/1/21-5/31/22
Former
0$169,004$23,168
DIANNE TRAUSCHSEC. & DIR. OF BOARD RELATIONS
Officer
50$98,342$15,925
MICHELLE L COLLINSTRUSTEE, CHAIRMAN OF BOARD
Trustee or director
4$0$0
IAN G ROSSTRUSTEE, VICE CHAIR OF BOARD
Trustee or director
4$0$0
JUAN C AVILATRUSTEE
Trustee or director
1$0$0
PENNY BROWNTRUSTEE
Trustee or director
1$0$0
JULIE CHAVEZTRUSTEE
Trustee or director
1$0$0
PETER B CHERECWICHTRUSTEE
Trustee or director
1$0$0
ELIZABETH DOZIERTRUSTEE
Trustee or director
1$0$0
JAMES A FLOYD JRTRUSTEE
Trustee or director
1$0$0
THOMAS J FORMOLOTRUSTEE
Trustee or director
1$0$0
JANET FROETSHERTRUSTEE
Trustee or director
1$0$0
JACK D FURSTTRUSTEE
Trustee or director
1$0$0
CORNELIUS GRIGGSTRUSTEE
Trustee or director
1$0$0
BRUCE HAMPTONTRUSTEE
Trustee or director
1$0$0
PETER A KADENSTRUSTEE
Trustee or director
1$0$0
J MICHAEL LOCKETRUSTEE
Trustee or director
1$0$0
OLIVER R MERRILLTRUSTEE
Trustee or director
1$0$0
LOUISE L PERRINTRUSTEE
Trustee or director
1$0$0
ANDREA SAENZTRUSTEE
Trustee or director
1$0$0
CELENA SARILLOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1000 CAPITOL DR, WHEELING, IL 60090-7201
In care of
% MARTY MICKEY VP OF FINANCE
Principal officer (990 for 2024)
NIVINE MEGAHED, 1000 CAPITOL DRIVE, WHEELING, IL 60090
Signed the 990
NIVINE MEGAHED, PRESIDENT
Phone
(847) 947-5580
Website
WWW.NL.EDU
Return prepared by
Forvis Mazars LLP

Mission

NATIONAL LOUIS UNIVERSITY IS AN INCLUSIVE, INNOVATIVE COMMUNITY PROVIDING EDUCATIONAL OPPORTUNITIES THAT INSPIRE AND EMPOWER ALL LEARNERS AS THEY PREPARE FOR AND ADVANCE IN MEANINGFUL LIVES AND PRODUCTIVE CAREERS.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION - THE UNIVERSITY SERVED 12,700 STUDENTS IN ITS VARIOUS PROGRAMS OF INSTRUCTION.
    Expenses $113,158,179 · grants $9,542,723 · revenue $131,119,191
  • PUBLIC SERVICE - THE UNIVERSITY PROVIDES A NUMBER OF EDUCATIONAL AND CULTURAL PROGRAMS FOR THE GENERAL COMMUNITY.
    Expenses $10,779,811
  • RESEARCH - THE UNIVERSITY RECEIVES A NUMBER OF GRANTS THAT FUNDS RESEARCH PERFORMED TO FIND NEW WAYS TO HELP THE COMMUNITY BY INFORMING FUTURE INSTRUCTION AND EDUCATIONAL PRACTICES.
    Expenses $2,525,127

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
36-2167804
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1935
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$204,585,293
Income (IRS master file)
$156,404,744

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$156,241,774$139,864,549$204,585,293XML
990-TJune 2025–––IRS
990June 2024$146,280,572$129,947,897$164,911,952XML
990-TJune 2024–––IRS
990June 2023$126,764,374$118,455,086$142,929,184XML
990-TJune 2023–––IRS
990June 2022$126,590,535$118,898,815$128,972,894IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-2167804).

Questions about NATIONAL-LOUIS UNIVERSITY

What is the EIN of NATIONAL-LOUIS UNIVERSITY?
The employer identification number (EIN) of NATIONAL-LOUIS UNIVERSITY is 36-2167804.
Is NATIONAL-LOUIS UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1935.
Are donations to NATIONAL-LOUIS UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NATIONAL-LOUIS UNIVERSITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of NATIONAL-LOUIS UNIVERSITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NATIONAL-LOUIS UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NATIONAL-LOUIS UNIVERSITY?
The 990 for the year ended June 30, 2025 names NIVINE MEGAHED.
Who are the officers and directors of NATIONAL-LOUIS UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 28 people; 9 received compensation from the organization, the highest $643,552 (NIVINE MEGAHED, PRESIDENT).
How much revenue does NATIONAL-LOUIS UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $156,241,774, expenses of $139,864,549 and total assets of $204,585,293 at year end.

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