Mount Saint Marys University
- Assets
- $202.1m
- Revenue
- $126.2m
- Investments
- $29.7m
- Employees
- 1,445
- Location
- Emmitsburg, MD
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 52-0591672
Organization Overview
Mount Saint Marys University is located in Emmitsburg, MD. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Mount Saint Marys University employed 1,445 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mount Saint Marys 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 06/2021, Mount Saint Marys University generated $126.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $123.0m during the year ending 06/2021. While expenses have increased by 3.0% per year over the past 6 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MOUNT ST. MARY'S UNIVERSITY, THE SECOND OLDEST CATHOLIC UNIVERSITY IN THE U.S., (SEE SCHEDULE O), OFFERS MORE THAN 60 ACADEMIC MAJORS, MINORS, AND CONCENTRATIONS. GRADUATE PROGRAMS IN BUSINESS, EDUCATION, PHILOSOPHY, THEOLOGY AND DIVINITY ARE ALSO OFFERED ALONG WITH ACCELERATED UNDERGRADUATE PROGRAMS IN BUSINESS AND CRIMINAL JUSTICE. STUDENTS PARTICIPATE IN MORE THAN 70 CLUBS AND HONOR SOCIETIES. STUDENTS ALSO TAKE ADVANTAGE OF THE COMMUNITY SERVICE AND OUTDOOR ADVENTURE PROGRAMS THAT ARE OFFERED BOTH LOCALLY AND ABROAD. IN ADDITION, THE UNIVERSITY HAS 22 VARSITY SPORTS AT THE NCAA DIVISION 1 LEVEL.
Describe the Organization's Program Activity:
INSTRUCTIONAL PROGRAMS FOR 2784 STUDENTS CONSISTING OF 2191 UNDERGRADUATE STUDENTS, 191 GRADUATE STUDENTS IN BUSINESS ADMINISTRATION, 133 GRADUATE STUDENTS IN EDUCATION, 174 GRADUATE STUDENTS IN THEOLOGY, 20 GRADUATE STUDENTS IN HEALTH ADMINISTRATION, 28 GRADUATE STUDENTS IN BIOTECHNOLOGY AND MANAGEMENT, 31 GRADUATE STUDENTS IN SPORTS MANAGEMENT, 5 STUDENTS IN PHILOSOPHICAL STUDIES, AND 11 NON-DEGREE SEEKING GRADUATE STUDENTS. THE UNIVERSITY AWARDED A TOTAL OF 605 DEGREES AND CERTIFICATES COMPRISED OF 407 BACHELOR'S DEGREES, 38 POST-BACCALAUREATE CERTIFICATES, 122 MASTER'S DEGREES, 37 THEOLOGY MASTER'S DEGREES, AND 1 POST-MASTER'S CERTIFICATE.
AUXILIARY ENTERPRISES WHICH IS COMPRISED OF ATHLETICS, STUDENT HOUSING, DINING SERVICES, POST OFFICE, VENDING, PHYSICAL PLANT, LAUNDRY AND PUBLIC SAFETY.
STUDENT SERVICES FOR THE ENTIRE STUDENT BODY. THIS INCLUDES COUNSELING/HEALTH CENTER, STUDENT AFFAIRS, AND STUDENT ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Trainor President | Officer | 50 | $350,055 |
William Davies Vp, Business & Finance | Officer | 50 | $244,304 |
Jack Chielli Evp Comm & Enroll Mgt | Officer | 50 | $216,624 |
Boyd Creasman VP | Officer | 50 | $214,476 |
Earl Bernard Franklin VP | Officer | 50 | $214,450 |
Pauline Engelstatter Vp, University Affairs | Officer | 50 | $199,050 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aramark Receivables Llc Food Services | 6/29/21 | $3,860,041 |
S&w Construction Construction Services | 6/29/21 | $668,334 |
Eab Student Recruitment | 6/29/21 | $615,433 |
Ruffalo Noel Levitz Llc Student Recruitment | 6/29/21 | $473,593 |
Facility Resource Group Facilities Management/consulting Service | 6/29/21 | $497,563 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,955,473 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,142,726 |
| Noncash contributions included in lines 1a–1f | $1,910,978 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,098,199 |
| Total Program Service Revenue | $104,920,251 |
| Investment income | $7,431,435 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $743,642 |
| Net Income from Fundraising Events | $22,338 |
| Net Income from Gaming Activities | $27,644 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,243,509 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $13,565 |
| Grants and other assistance to domestic individuals. | $54,293,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,508,110 |
| Compensation of current officers, directors, key employees. | $1,931,067 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,707,972 |
| Pension plan accruals and contributions | $1,314,274 |
| Other employee benefits | $2,993,681 |
| Payroll taxes | $2,134,408 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,029 |
| Fees for services: Accounting | $157,247 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $119,740 |
| Fees for services: Investment Management | $296,162 |
| Fees for services: Other | $3,240,694 |
| Advertising and promotion | $1,097,888 |
| Office expenses | $2,110,191 |
| Information technology | $1,443,293 |
| Royalties | $0 |
| Occupancy | $1,508,253 |
| Travel | $1,031,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,962 |
| Interest | $3,182,327 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,008,110 |
| Insurance | $672,578 |
| All other expenses | $0 |
| Total functional expenses | $122,992,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $545,512 |
| Savings and temporary cash investments | $30,427,806 |
| Pledges and grants receivable | $3,685,799 |
| Accounts receivable, net | $2,041,411 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,180,533 |
| Inventories for sale or use | $182,507 |
| Prepaid expenses and deferred charges | $1,556,550 |
| Net Land, buildings, and equipment | $89,082,681 |
| Investments—publicly traded securities | $34,222,697 |
| Investments—other securities | $29,746,968 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,460,685 |
| Total assets | $202,133,149 |
| Accounts payable and accrued expenses | $8,809,326 |
| Grants payable | $0 |
| Deferred revenue | $5,649,592 |
| Tax-exempt bond liabilities | $58,769,306 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,920,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,991,702 |
| Total liabilities | $88,139,926 |
| Net assets without donor restrictions | $38,804,524 |
| Net assets with donor restrictions | $75,188,699 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $202,133,149 |
Grants Awarded
Over the last fiscal year, Mount Saint Marys University has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: SILVER SPONSOR - ANNUAL GALA | $10,000 |
BISHOP MCDEVITT HIGH SCHOOL PURPOSE: MCDEVITT CAPITAL CAMPAIGN | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mount Saint Marys University has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Daryl And Phyllis Haynor Foundation Inc Oakton, VA PURPOSE: SCHOLARSHIP | $2,000 |
The Rice Family Foundation San Diego, CA PURPOSE: ATHLETIC DEPT. PROGRAM SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $54,459,144 |
| Earnings | $11,562,469 |
| Admin Expense | $210,105 |
| Net Contributions | $612,473 |
| Other Expense | $2,280,221 |
| Ending Balance | $64,143,760 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Howard University Washington, DC | $1,667,010,000 | $1,025,632,000 |
American University Washington, DC | $2,059,436,434 | $862,369,744 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
Duquesne University Of The Holy Spirit Pittsburgh, PA | $869,263,663 | $434,180,406 |
University Of Richmond Richmond, VA | $3,926,462,707 | $713,801,637 |
Catholic University Of America Washington, DC | $943,835,203 | $334,648,312 |
Bucknell University Lewisburg, PA | $1,702,706,536 | $331,765,475 |
Loyola University Maryland Inc Baltimore, MD | $700,282,931 | $288,447,259 |
University Of Scranton Scranton, PA | $640,906,842 | $255,085,812 |
Widener University Chester, PA | $372,673,637 | $243,095,055 |
Delaware State University Dover, DE | $471,247,109 | $212,915,533 |