Saint Elizabeth University

Organization Overview

Saint Elizabeth University is located in Morristown, NJ. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Saint Elizabeth University employed 618 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saint Elizabeth University 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 06/2022, Saint Elizabeth University generated $45.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $44.0m during the year ending 06/2022. While expenses have increased by 3.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A COMMUNITY OF LEARNING IN THE CATHOLIC LIBERAL ARTS TRADITION FOR A DIVERSE STUDENT BODY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAINT ELIZABETH UNIVERSITY, A NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION, IS A UNIVERSITY IN THE CATHOLIC, LIBERAL ARTS TRADITION. FOUNDED AS A LIBERAL ARTS COLLEGE FOR WOMEN IN 1899 BY THE SISTERS OF CHARITY OF SAINT ELIZABETH, THE COLLEGE WAS ONE OF THE FIRST CATHOLIC COLLEGES IN THE UNITED STATES TO AWARD DEGREES TO WOMEN. THE COLLEGE BECAME INCORPORATED UNDER NEW JERSEY STATE LAW IN MAY 1900 AND GRANTED ITS FIRST BACCALAUREATE DEGREES IN JUNE 1903. SINCE THEN, THE COLLEGE HAS STEADILY DEVELOPED AND IS NOW A CO-EDUCATIONAL INSTITUTION CLASSIFIED AMONG "MASTER'S COLLEGES & UNIVERSITIES: MEDIUM PROGRAMS" IN THE CARNEGIE SYSTEM. (SEE SCH O)THE COLLEGE BECAME SAINT ELIZABETH UNIVERSITY ON JULY 1, 2020. THE UNIVERSITY OFFERS 28 BACCALAUREATE DEGREE PROGRAMS, 17 MASTER'S DEGREE PROGRAMS, 2 DOCTORAL PROGRAMS, AND A VARIETY OF PROFESSIONAL CERTIFICATIONS AND CERTIFICATES.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Crosby
President And Treasurer
$151,613
Elizabeth M Renyi
Seu Board Of Trustees Co-Chair
$0
Ronald H Lataille
Seu Board Of Trustees Co-Chair
$0
Marcia Y Cantarella
Trustee
$0
Sister Maureen Dunne
Trustee
$0
Sister Deborah Humphreys
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Parkhurst Dining
Food Services
$1,476,617
C&w Services
Cleaning Services
$723,500
Binsky Service
General Contractor
$479,729
William H Connolly & Co Llc
Risk Management
$402,126
Ssc Inc
Security Services
$434,661
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$27,611
Related organizations$5,000
Government grants $6,352,077
All other contributions, gifts, grants, and similar amounts not included above$4,648,467
Noncash contributions included in lines 1a–1f $12,766
Total Revenue from Contributions, Gifts, Grants & Similar$11,033,155
Total Program Service Revenue$31,848,810
Investment income $521,824
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $496,230
Net Gain/Loss on Asset Sales $1,189,966
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $45,508,432

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