Nonprofit · EIN 36-2181973
ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE
Tax-exempt · NORTH CHICAGO, IL 60064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $153,661,734 | $149,552,092 | $4,109,642 | $337,109,180 | $179,660,305 | $157,448,875 |
| June 30, 2024 | 990 | $137,919,584 | $147,553,862 | -$9,634,278 | $308,777,224 | $156,279,887 | $152,497,337 |
| June 30, 2023 | 990 | $145,566,597 | $141,144,432 | $4,422,165 | $309,593,932 | $165,257,756 | $144,336,176 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,642,278
- of which government grants
- $12,897,976
- Program service revenue
- $125,082,653
- Investment income
- $8,238,360
- Net rental income
- $470,331
- Net gain from sales of assets
- $6,080,174
- Net income from fundraising events
- -$17,766
- Other revenue
- $1,698,443
Expenses
- Grants and similar amounts paid
- $8,091,216
- Compensation of officers, directors and key employees
- $4,395,057
- Other salaries and wages
- $69,753,164
- Salaries, compensation and benefits (total)
- $91,924,820
- Professional fundraising fees
- $0
- Legal fees
- $606,940
- Accounting fees
- $215,827
- Occupancy
- $6,947,631
- Travel
- $887,958
- Depreciation
- $8,430,104
- Program services (functional)
- $119,402,945
- Management and general (functional)
- $26,979,954
- Fundraising (functional)
- $3,169,193
Balance sheet and other
- Total assets, start of year
- $308,777,224
- Total assets, end of year
- $337,109,180
- Total liabilities, end of year
- $179,660,305
- Net assets, end of year
- $157,448,875
- Land, buildings and equipment
- $145,118,772
- Publicly traded securities
- $90,220,627
- Net assets without donor restrictions
- $134,327,555
- Net assets with donor restrictions
- $23,121,320
- Gross unrelated business income
- -$15,720
- Gross receipts
- $253,048,815
- Employees
- 1,705
- Volunteers
- 14
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Wendy Rheault | President & CEO Trustee or director, Officer | 38 | $1,040,767 | $55,011 |
| Dr Archana Chatterjee | Dean & Sr. VP of Medical Affairs Key employee | 40 | $640,028 | $63,727 |
| Dr Nancy Parsley | Provost (through June 2025) Key employee | 40 | $455,318 | $41,151 |
| Gavin Farry | EVP of Finance & Admin, CFO Officer | 38 | $403,433 | $56,379 |
| Dr Frank Maldonado | Executive Chair, Clinical Sciences Highest-paid employee | 40 | $420,972 | $36,482 |
| Dr Jeanette Morrison | Vice Dean, MedEd & Exec Vice Dean, CMS Highest-paid employee | 40 | $380,589 | $72,044 |
| Dr Stephanie Wu | Dean Highest-paid employee | 40 | $364,698 | $75,870 |
| Dr Ronald Kaplan | EVP Resrch. & Vice Dean Resrch. (Through Sept 2024) Key employee | 40 | $363,694 | $60,244 |
| Lee Concha | EVP Univ. Strategies & Chief of Staff Key employee | 40 | $364,354 | $47,015 |
| Dr Nutan Atre-Vaidya | Vice Dean, Discipline Chair Highest-paid employee | 40 | $329,485 | $64,472 |
| Dr Brenda Affinati | Assoc Dean, CMS Clinical Affairs Highest-paid employee | 40 | $309,828 | $74,618 |
| Dr Joseph DiMario | Dean SGPS & Interim VP for Research Key employee | 40 | $230,371 | $56,637 |
| Bruce Jefferson | Asst Secretary/General Counsel Officer | 40 | $220,159 | $50,403 |
| Dr Neil Bradbury | Trustee /Faculty Trustee or director | 1 | $183,978 | $62,388 |
| Dr Karen Miller | Chair/Trustee Trustee or director, Officer | 2 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Kimberley Darey | Vice Chair/Trustee Trustee or director, Officer | 2 | $0 |
| Dr Lee Sacks | Secretary/Trustee Trustee or director, Officer | 2 | $0 |
| Martin Manning | Treasurer/Trustee Trustee or director, Officer | 2 | $0 |
| Dr David Kalsbeek | Trustee Trustee or director | 1 | $0 |
| Dr Don Coulter | Trustee Trustee or director | 1 | $0 |
| Dr John Grady | Trustee Trustee or director | 1 | $0 |
| Dr Matthew Primack | Trustee Trustee or director | 1 | $0 |
| Dr Seema Bhatia | Trustee Trustee or director | 1 | $0 |
| Dr Steven Klasko | Trustee Trustee or director | 1 | $0 |
| Ernest Vasseur | Trustee Trustee or director | 1 | $0 |
| John Orsini | Trustee Trustee or director | 1 | $0 |
| Maria Clarke | Trustee Trustee or director | 1 | $0 |
| Meghan Woltman | Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Wendy Rheault | President & CEO Trustee or director, Officer | 38 | $976,435 | $53,278 |
| Dr Archana Chatterjee | Dean & VP of Medical Affairs Key employee | 40 | $615,481 | $65,655 |
| Dr Nancy Parsley | Provost Key employee | 40 | $447,055 | $42,693 |
| Dr Ronald Kaplan | EVP Research & Vice Dean Research, CMS Key employee | 40 | $407,389 | $72,830 |
| Dr Jeanette Morrison | Vice Dean, MedEd & Exec Vice Dean, CMS Highest-paid employee | 40 | $372,625 | $74,031 |
| Dr Frank Maldonado | Executive Chair, Clinical Sciences Highest-paid employee | 40 | $431,106 | $13,741 |
| Gavin Farry | EVP of Finance & Admin, CFO Officer | 38 | $381,217 | $57,277 |
| Dr Stephanie Wu | Dean Highest-paid employee | 40 | $359,163 | $77,241 |
| Dr Nutan Atre-Vaidya | Vice Dean, Discipline Chair Highest-paid employee | 40 | $346,076 | $66,348 |
| Lee Concha | EVP Univ. Strategies & Chief of Staff Key employee | 40 | $353,666 | $48,661 |
| DR Suzue Kimiko | Discipline Chair & Education Director Highest-paid employee | 40 | $314,977 | $57,155 |
| Bruce Jefferson | Asst Secretary/General Counsel Officer | 40 | $213,404 | $48,613 |
| Dr Adam Fleischer | Trustee (Through June 2024)/Faculty Trustee or director | 40 | $138,507 | $59,706 |
| Dr Karen Miller | Vice Chair (Through June 2024)/Chair (Beg June 2024)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Dr Kimberley Darey | Vice Chair (as of June 2024)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Dr Lee Sacks | Chair (Through June 2024)/Secretary (Beg June 2024)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Martin Manning | Treasurer (Beg June 2024)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Sandra Bruce | Secretary/Trustee (Through June 2024) Trustee or director, Officer | 2 | $0 | $0 |
| Alan Weinstein | Trustee (Through June 2024) Trustee or director | 1 | $0 | $0 |
| Dr Allan Cohen | Trustee (Through June 2024) Trustee or director | 1 | $0 | $0 |
| Dr Cheryl Kraff-Cooper | Trustee (Through September 2023) Trustee or director | 1 | $0 | $0 |
| Dr David Kalsbeek | Trustee (as of June 2024) Trustee or director | 1 | $0 | $0 |
| DR Don Coulter | Trustee (as of June 2024) Trustee or director | 1 | $0 | $0 |
| Dr John Grady | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Matthew Primack | Trustee (as of June 2024) Trustee or director | 1 | $0 | $0 |
| DR Neil Bradbury | Trustee (as of June 2024) Trustee or director | 1 | $0 | $0 |
| Dr Seema Bhatia | Trustee Trustee or director | 1 | $0 | $0 |
| Elizabeth Coulson | Trustee (Through September 2023) Trustee or director | 1 | $0 | $0 |
| Ernest Vasseur | Trustee Trustee or director | 1 | $0 | $0 |
| Maria Clarke | Trustee Trustee or director | 1 | $0 | $0 |
| Rosalind Franklin | Trustee (Through September 2023) Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 33 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Wendy Rheault | President & CEO Trustee or director, Officer | 38 | $987,447 | $44,885 |
| Dr Archana Chatterjee | Dean & VP of Medical Affairs Key employee | 40 | $565,918 | $63,984 |
| Dr Ronald Kaplan | EVP Research & Vice Dean Research, CMS Key employee | 40 | $396,512 | $71,379 |
| Dr Nancy Parsley | Provost Key employee | 40 | $426,241 | $39,475 |
| Gavin Farry | EVP of Finance & Admin, CFO Officer | 38 | $394,446 | $51,820 |
| Dr Frank Maldonado | Executive Chair, Clinical Sciences Highest-paid employee | 40 | $431,260 | $5,078 |
| Dr Michael Zdon | Education Director, Surgery, Professor Highest-paid employee | 40 | $366,662 | $62,672 |
| Dr Stephanie Wu | Dean Highest-paid employee | 40 | $355,023 | $68,857 |
| Dr Jeanette Morrison | Vice Dean, MedEd & Exec Vice Dean, CMS Highest-paid employee | 40 | $343,767 | $70,726 |
| Dr Nutan Atre-Vaidya | Vice Dean, Discipline Chair Highest-paid employee | 40 | $340,211 | $62,858 |
| Lee Concha | EVP Univ. Strategies & Chief of Staff Key employee | 40 | $309,783 | $44,794 |
| Bruce Jefferson | Asst Secretary/General Counsel Officer | 2 | $206,839 | $48,328 |
| Dr Adam Fleischer | Faculty/Trustee Trustee or director | 1 | $136,141 | $57,821 |
| Dr Karen Miller | Vice Chair (Beg Sept 2022)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Dr Lee Sacks | Chair (Beg Sept 2022)/Vice Chair (through Sept 2022)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Elizabeth Coulson | Chair (Through Sept 2022)/Trustee Trustee or director, Officer | 1 | $0 | $0 |
| Martin Manning | Treasurer (Beg Sept 2022)/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Michael C Foltz | Treasurer/Trustee (through Sept 2022) Trustee or director, Officer | 1 | $0 | $0 |
| Sandra Bruce | Secretary/Trustee Trustee or director, Officer | 2 | $0 | $0 |
| Alan Weinstein | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Allan Cohen | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Cheryl Kraff-Cooper | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Elder Granger | Trustee (through Oct 2022) Trustee or director | 1 | $0 | $0 |
| Dr John Grady | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Kimberley Darey | Trustee (as of May 2023) Trustee or director | 1 | $0 | $0 |
| Dr Seema Bhatia | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Thomas G Moore | Trustee (through Sept 2022) Trustee or director | 1 | $0 | $0 |
| Ernest Vasseur | Trustee (as of Sept 2022) Trustee or director | 1 | $0 | $0 |
| Manuel Von Schulenburg | Trustee (through Sept 2022) Trustee or director | 1 | $0 | $0 |
| Maria Clarke | Trustee (as of Nov 2022) Trustee or director | 1 | $0 | $0 |
| Pamela Scholl | Trustee (through Dec 2022) Trustee or director | 1 | $0 | $0 |
| Rosalind Franklin | Trustee Trustee or director | 1 | $0 | $0 |
| Shaundra Clay | Trustee (through Sept 2022) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3333 GREEN BAY RD, NORTH CHICAGO, IL 60064-3037
- Principal officer (990 for 2024)
- Aron Sousa, 3333 Green Bay Road, North Chicago, IL 600643095
- Signed the 990
- GAVIN FARRY, CHIEF FINANCIAL OFFICER
- Phone
- (847) 578-3000
- Website
- www.rosalindfranklin.edu
- Return prepared by
- CROWE LLP
Mission
Rosalind Franklin University of Medicine and Science is committed to serving the population through the interprofessional education of health and biomedical professionals and the discovery of knowledge dedicated to improving wellness. The University embodies the spirit of inquiry and excellence modeled by its namesake Dr. Rosalind Franklin, whose "Photo 51" was crucial to solving the structure of DNA. Recognized for its research in areas including neuroscience, brain-related diseases, inherited disorders, diabetes, obesity, and gait and balance, RFU encompasses the Chicago Medical School, College of Health Professions, College of Nursing, College of Pharmacy, School of Graduate and Postdoctoral Studies, and the Dr. William M. Scholl College of Podiatric Medicine.
Program accomplishments
- INSTRUCTION - THE PRIMARY PURPOSE OF THE UNIVERSITY IS TO EDUCATE AND TRAIN MEDICAL AND OTHER HEALTHCARE PROFESSION STUDENTS. IN THE 2024-2025 ACADEMIC YEAR, RFUMS TRAINED OVER 2,000 STUDENTS.Expenses $79,819,149 · grants $8,091,216 · revenue $112,221,679
- RESEARCH - Research is at the core of the university's mission of scientific discovery and implementation of knowledge. In addition to the education of future clinicians and scientists, many university faculty members engage in extramurally funded and internally funded research projects. There are multiple areas of research excellence which reflect the various disciplines of each college. These include: neurosciences, cancer, inflammation and immunology, cardiology, diabetes, biomechanics, healthcare delivery, and psychology with a focus on genetic and chronic disease. Extramural funding comes from the National Institutes of Health, the National Science Foundation, Department of War, and various private foundations such as the Alzheimer's association, Schweppe Foundation and organizations such as the Lake County Health Department.Expenses $25,823,610
- PATIENT CARE - THE UNIVERSITY UTILIZES EXISTING LABORATORY FACILITIES AND PERSONNEL TO PROVIDE GENERAL AND SPECIALIZED LAB TESTING FOR REPRODUCTIVE AND CLINICAL IMMUNOLOGY. THE UNIVERSITY PERFORMS LABORATORY RESEARCH AND TESTING IN CONJUNCTION WITH THE EDUCATION OF MEDICAL STUDENTS, RESIDENTS, OR FELLOWS.Expenses $6,740,768 · revenue $8,041,826
- OTHER PROGRAM SERVICE REVENUES AND EXPENSES INCLUDE INTEREST ON STUDENT LOANS AND PENALTIES, STUDENT HOUSING REVENUE AND OTHER PROGRAM SERVICES.Expenses $7,019,418 · revenue $6,065,026
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-2181973
- 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
- 1945
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $337,109,180
- Income (IRS master file)
- $253,048,815
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $153,661,734 | $149,552,092 | $337,109,180 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $137,919,584 | $147,553,862 | $308,777,224 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $145,566,597 | $141,144,432 | $309,593,932 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $136,401,010 | $133,390,877 | $309,403,067 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 36-2181973).
Questions about ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE
- What is the EIN of ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE?
- The employer identification number (EIN) of ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE is 36-2181973.
- Is ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE 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 ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE 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 ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE 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 ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE?
- The 990 for the year ended June 30, 2025 names Aron Sousa.
- Who are the officers and directors of ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE?
- The 990 for the year ended June 30, 2025 lists 28 people; 14 received compensation from the organization, the highest $1,040,767 (Dr Wendy Rheault, President & CEO).
- How much revenue does ROSALIND FRANKLIN UNIVERSITY OF MEDICINE & SCIENCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $153,661,734, expenses of $149,552,092 and total assets of $337,109,180 at year end.
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