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Nonprofit · EIN 38-1624684

NORTHWOOD UNIVERSITY

Tax-exempt · MIDLAND, MI 48640

Financials

$98M$70M2022$83.3M$76.1M2023$87M$80.6M2024
Revenue Expenses · by fiscal year end
Financials of NORTHWOOD UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$87,044,430$80,562,790$6,481,640$285,859,293$10,582,550$275,276,743
June 30, 2024990$83,349,419$76,125,930$7,223,489$267,602,500$9,153,027$258,449,473
June 30, 2023990$97,968,956$70,039,784$27,929,172$254,966,317$10,964,511$244,001,806
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$12,864,757
Program service revenue
$67,181,586
Investment income
$6,587,186
Net gain from sales of assets
$3,009,843
Net income from fundraising events
-$29,101
Net income from gaming
$50,413
Other revenue
$410,901

Expenses

Grants and similar amounts paid
$20,127,939
Compensation of officers, directors and key employees
$1,764,673
Other salaries and wages
$21,283,147
Salaries, compensation and benefits (total)
$30,013,219
Professional fundraising fees
$0
Legal fees
$124,599
Accounting fees
$13,625
Occupancy
$162,192
Travel
$2,449,127
Depreciation
$6,116,780
Program services (functional)
$63,837,607
Management and general (functional)
$12,886,268
Fundraising (functional)
$3,838,915

Balance sheet and other

Total assets, start of year
$267,602,500
Total assets, end of year
$285,859,293
Total liabilities, end of year
$10,582,550
Net assets, end of year
$275,276,743
Land, buildings and equipment
$75,719,644
Publicly traded securities
$79,641,365
Net assets without donor restrictions
$140,473,664
Net assets with donor restrictions
$134,803,079
Gross unrelated business income
$521,585
Gross receipts
$113,409,229
Employees
834
Volunteers
25
Year formed
1959
State of legal domicile
MI

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
Kent MacDonaldPresident & CEO
Officer
60$911,113$109,093
Kristin Stehouwer PhDVice President
Officer
60$310,155$25,461
Muray KyteVice President
Officer
60$237,445$21,053
Thomas LitzingerExecutive Director60$219,071$21,860
Matthew BennettAdministration60$205,949$28,773
Lisa FairbairnDean of RDGSM60$200,492$28,267
Justin MarshallChief Development & Engagement60$201,917$24,817
Brian S McLeodVice President
Officer
60$204,048$22,605
Susan Poli-SmithAdministration60$197,349$14,605
Rachel ValdiserriSenior Communications Officer,60$140,928$18,866
Lorne ThomasAdministration60$137,942$20,248
Timothy G NashDi., McNair Ctr, Strategic Alliance30$121,253$6,517
Rick GuirlingerTrustee
Trustee or director
0$0$0
Robert C JamersonTrustee
Trustee or director
0$0$0
Joe CauleyTrustee
Trustee or director
0$0$0
15 more people on this return
NameTitleHours / weekCompensation
Michael StantonTrustee
Trustee or director
0$0
Sandy SchwartzTrustee
Trustee or director
0$0
Jason R BricklTrustee
Trustee or director
0$0
Chris ClementsTrustee
Trustee or director
0$0
Mary Ellen George-HessTrustee
Trustee or director
0$0
Edward J McBrienTrustee
Trustee or director
0$0
Ken LingenfelterTrustee
Trustee or director
0$0
Daniel G DeVosTrustee
Trustee or director
0$0
Robert GrubbTrustee
Trustee or director
0$0
Jennifer T PanningTrustee
Trustee or director
0$0
Steve MadinceaTrustee
Trustee or director
0$0
James MestdaghTrustee
Trustee or director
0$0
Gary ShortTrustee
Trustee or director
0$0
Graham WilliamsTrustee
Trustee or director
0$0
Rob WilsonTrustee
Trustee or director
0$0
990 for the year ended June 30, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
Kent MacDonaldPresident & CEO
Officer
60$775,325$101,016
Kristin Stehouwer PhDVice President
Officer
60$298,655$23,831
Lisa FairbairnDean of RDGSM60$200,751$27,593
Brian S McLeodVice President
Officer
60$191,138$19,654
Justin MarshallChief Development & Engagement60$187,270$23,136
Muray KyteVice President
Officer
60$190,709$19,528
Matthew BennettAdministration60$182,741$26,928
Susan Poli-SmithAdministration60$188,610$13,049
Thomas LitzingerExecutive Director60$180,445$19,236
Lorne ThomasAdministration60$143,579$21,687
Rachel ValdiserriSenior Communications Officer,60$139,088$18,497
Timothy G NashDi., McNair Ctr, Strategic Alliance30$113,187$6,254
Rick GuirlingerTrustee
Trustee or director
0$0$0
Robert C JamersonTrustee
Trustee or director
0$0$0
Michael StantonTrustee
Trustee or director
0$0$0
Sandy SchwartzTrustee
Trustee or director
0$0$0
Jason R BricklTrustee
Trustee or director
0$0$0
Mary Ellen George-HessTrustee
Trustee or director
0$0$0
Edward J McBrienTrustee
Trustee or director
0$0$0
Ken LingenfelterTrustee
Trustee or director
0$0$0
Daniel G DeVosTrustee
Trustee or director
0$0$0
Robert GrubbTrustee
Trustee or director
0$0$0
Jennifer T PanningTrustee
Trustee or director
0$0$0
Steve MadinceaTrustee
Trustee or director
0$0$0
James MestdaghTrustee
Trustee or director
0$0$0
Gary ShortTrustee
Trustee or director
0$0$0
Graham WilliamsTrustee
Trustee or director
0$0$0
Rob WilsonTrustee
Trustee or director
0$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
Kent MacDonaldPresident & CEO
Officer
60$762,043$95,809
Kristin Stehouwer PhDVice President
Officer
60$302,561$21,902
Justin MarshallVice President
Officer
60$195,263$21,590
Lisa FairbairnDean of RDGSM60$184,949$24,564
Brian S McLeodVice President
Officer
60$154,486$14,382
Benard ReevesMarketing60$151,873$12,535
Patricia TimmAcademic Dean60$136,855$15,999
Mamiko ReevesAdministration60$139,999$11,621
Lorne ThomasAdministration60$130,502$19,512
Rachel ValdiserriSenior Communications Officer,60$132,340$16,489
Steven CripeDean Students60$125,936$7,958
Timothy G NashDi., McNair Ctr, Strategic Alliance30$115,154$6,072
Muray KyteVice President
Officer
60$70,379$6,045
Rick GuirlingerTrustee
Trustee or director
0$0$0
Robert C JamersonTrustee
Trustee or director
0$0$0
Michael StantonTrustee
Trustee or director
0$0$0
Sandy SchwartzTrustee
Trustee or director
0$0$0
Jason R BricklTrustee
Trustee or director
0$0$0
Mary Ellen George-HessTrustee
Trustee or director
0$0$0
Edward J McBrienTrustee
Trustee or director
0$0$0
Ken LingenfelterTrustee
Trustee or director
0$0$0
Daniel G DeVosTrustee
Trustee or director
0$0$0
Robert GrubbTrustee
Trustee or director
0$0$0
Jennifer T PanningTrustee
Trustee or director
0$0$0
Steve MadinceaTrustee
Trustee or director
0$0$0
James MassieTrustee
Trustee or director
0$0$0
James MestdaghTrustee
Trustee or director
0$0$0
Gary ShortTrustee
Trustee or director
0$0$0
Graham WilliamsTrustee
Trustee or director
0$0$0
Rob WilsonTrustee
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
4000 WHITING DR, MIDLAND, MI 48640-6634
Signed the 990
Brian S McLeod, Vice President
Phone
(989) 837-4187

Mission

Education-We Develop free-enterprise leaders who drive global economic and social progress

990 for the year ended June 30, 2025

Program accomplishments

  • Instructional- Provided Education to students. Also provided educational opportunities through continuing education.
    Expenses $38,262,519 · grants $20,127,939 · revenue $33,233,928
  • Student Services - Athletics, Placement, Registrar, Financial Aid, Security, Business Office, and other support to current and former students.
    Expenses $14,373,025 · revenue $115,696
  • Auxiliary Enterprises - Provided Housing, Meals to students and Bookstore services to current and former students. Library services to students and the public.
    Expenses $11,202,063 · revenue $11,260,008

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
38-1624684
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
1961
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$285,859,293
Income (IRS master file)
$113,409,229

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$87,044,430$80,562,790$285,859,293IRS
990-TJune 2025–––IRS
990June 2024$83,349,419$76,125,930$267,602,500IRS
990-TJune 2024–––IRS
990June 2023$97,968,956$70,039,784$254,966,317XML
990-TJune 2023–––IRS
990June 2022$83,695,631$70,059,317$223,672,132IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––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 38-1624684).

Questions about NORTHWOOD UNIVERSITY

What is the EIN of NORTHWOOD UNIVERSITY?
The employer identification number (EIN) of NORTHWOOD UNIVERSITY is 38-1624684.
Is NORTHWOOD UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to NORTHWOOD UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHWOOD 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 NORTHWOOD 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 NORTHWOOD UNIVERSITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of NORTHWOOD UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 30 people; 12 received compensation from the organization, the highest $911,113 (Kent MacDonald, President & CEO).
How much revenue does NORTHWOOD UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $87,044,430, expenses of $80,562,790 and total assets of $285,859,293 at year end.

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