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Amid a year of relatively increased awareness regarding DePaul’s financial state, the annual 990 is one of the few pieces of information publicly available that outlines the private institution’s finances. As a non-profit organization, DePaul is exempt from paying federal and state income taxes but is required to disclose its financial status through a Form...
The DePaulia Have you ever wondered how much the university’s president gets paid or where your tuition money actually goes? The DePaulia did, too. Not much information about DePaul and its administration is publicly available, as the private university is exempt from Freedom of Information Act laws by which most public agencies are required to abide. But because DePaul is a nonprofit organization — exempt from paying income taxes — it is required to file an annual information return with the Internal Revenue Service called a Form 990 each year. That form, publicly available through...