Totals
- Total revenue
- $95,957,733
- Total expenses
- $96,677,219
- Contributions and grants received
- $15,292,643
- Grants paid
- $32,894,529
- Program service revenue
- $74,163,371
- Investment income
- $4,372,263
- Other revenue
- $2,129,456
- Total assets, end of year
- $307,543,905
- Total liabilities, end of year
- $29,190,685
- Net assets or fund balances, end of year
- $278,353,220
- Program services expenses (Part IX)
- $86,014,270
- Management and general expenses
- $10,169,304
- Fundraising expenses
- $493,645
- Program service expenses (Part III)
- $86,014,270
Program services were 89.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$15,004
-
1c · Fundraising events
$129,435
-
1e · Government grants (contributions)
$6,078,905
-
1f · All other contributions, gifts and grants
$9,069,299
-
1g · Noncash contributions included above
$646,447
-
2a · Program service revenue: TUITION AND FEES
total $60,609,650 · related or exempt $60,609,650
-
2b · Program service revenue: RESIDENCE HALL REVENUE
total $6,816,311 · related or exempt $6,816,311
-
2c · Program service revenue: DINING SERVICE REVENUE
total $5,974,622 · related or exempt $5,974,622
-
2d · Program service revenue: BOOKSTORE REVENUE
total $663,362 · related or exempt $663,362
-
2e · Program service revenue: OTHER AUXILIARY SERVICES
total $99,426 · related or exempt $99,426
-
3 · Investment income
total $3,666,058 · excluded $3,666,058
-
5 · Royalties
total $2,000 · excluded $2,000
-
6a · Gross rents
real property $569,624
-
6b · Less rental expenses
real property $333,839
-
6c · Rental income or loss
real property $235,785
-
6d · Net rental income or loss
total $235,785 · unrelated business $62,971 · excluded $172,814
-
7a · Gross sales of assets other than inventory
securities $27,893,752
-
7b · Less cost or other basis and sales expenses
securities $27,187,547
-
7c · Gain or loss
securities $706,205
-
7d · Net gain or loss
total $706,205 · excluded $706,205
-
8a · Fundraising events: gross income
$29,731
-
8a · Fundraising events: contributions included on line 1c
$129,435
-
8b · Fundraising events: direct expenses
$109,489
-
8c · Net income from fundraising events
total -$79,758 · excluded -$79,758
-
11a · Other revenue: PITTSBURGH STEELERS
total $754,395 · unrelated business $754,395
-
11b · Other revenue: FEES FOR SERVICES
total $375,790 · excluded $375,790
-
11c · Other revenue: SUNDRY
total $272,372 · excluded $272,372
-
11d · All other revenue
total $568,872 · unrelated business $29,073 · excluded $539,799
-
11e · Other revenue, total
$1,971,429
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $32,894,529 · program services $32,894,529
-
5 · Compensation of officers, directors and key employees
total $286,936 · program services $238,212 · management and general $46,939 · fundraising $1,785
-
7 · Other salaries and wages
total $23,013,539 · program services $19,145,723 · management and general $3,723,025 · fundraising $144,791
-
8 · Pension plan contributions
total $1,126,983 · program services $918,760 · management and general $201,890 · fundraising $6,333
-
9 · Other employee benefits
total $6,597,658 · program services $5,378,675 · management and general $1,181,910 · fundraising $37,073
-
10 · Payroll taxes
total $1,593,603 · program services $1,299,167 · management and general $285,481 · fundraising $8,955
-
11b · Fees: legal
total $37,520 · management and general $37,520
-
11c · Fees: accounting
total $109,425 · management and general $109,425
-
11d · Fees: lobbying
total $51,795 · management and general $51,795
-
11f · Fees: investment management
total $389,008 · management and general $389,008
-
11g · Fees: other
total $1,705,906 · program services $1,510,097 · management and general $165,212 · fundraising $30,597
-
12 · Advertising and promotion
total $320,875 · program services $17,409 · management and general $303,466
-
13 · Office expenses
total $3,025,047 · program services $2,295,130 · management and general $725,550 · fundraising $4,367
-
14 · Information technology
total $640,981 · program services $363,081 · management and general $276,929 · fundraising $971
-
16 · Occupancy
total $1,086,817 · program services $1,082,422 · management and general $4,170 · fundraising $225
-
17 · Travel
total $1,436,406 · program services $1,275,168 · management and general $117,250 · fundraising $43,988
-
20 · Interest
total $906,057 · program services $799,142 · management and general $106,915
-
22 · Depreciation, depletion and amortization
total $5,181,735 · program services $4,311,204 · management and general $870,531
-
23 · Insurance
total $509,971 · program services $291,630 · management and general $218,341
-
24a · Other expenses: FOOD SERVICE
total $5,255,224 · program services $5,165,190 · management and general $86,888 · fundraising $3,146
-
24b · Other expenses: PLAN OPERATIONS
total $4,324,294 · program services $3,588,550 · management and general $735,744 · fundraising $0
-
24c · Other expenses: MINOR EQUIPMENT PURCHAS
total $562,166 · program services $515,147 · management and general $46,364 · fundraising $655
-
24d · Other expenses: ADMINISTRATIVE EXPENSES
total $560,090 · program services $560,090 · management and general $0 · fundraising $0
-
24e · All other expenses
total $5,060,654 · program services $4,364,944 · management and general $484,951 · fundraising $210,759
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $267,597 · end of year $22,325
-
2 · Savings and temporary cash investments
beginning of year $4,833,447 · end of year $4,854,270
-
3 · Pledges and grants receivable
beginning of year $9,225,618 · end of year $6,981,923
-
4 · Accounts receivable
beginning of year $2,870,325 · end of year $3,870,290
-
7 · Other notes and loans receivable
beginning of year $488,926 · end of year $2,177
-
8 · Inventories for sale or use
beginning of year $412,254 · end of year $382,654
-
9 · Prepaid expenses and deferred charges
beginning of year $829,822 · end of year $1,113,323
-
10a · Land, buildings and equipment: cost or other basis
$223,577,091
-
10b · Land, buildings and equipment: accumulated depreciation
$104,779,747
-
10c · Land, buildings and equipment, net
beginning of year $117,223,942 · end of year $118,797,344
-
11 · Investments: publicly traded securities
beginning of year $135,654,069 · end of year $142,232,184
-
12 · Investments: other securities
beginning of year $25,040,076 · end of year $24,488,002
-
15 · Other assets
beginning of year $2,049,898 · end of year $4,799,413
-
17 · Accounts payable and accrued expenses
beginning of year $6,162,665 · end of year $5,757,051
-
19 · Deferred revenue
beginning of year $956,354 · end of year $1,067,045
-
20 · Tax-exempt bond liabilities
beginning of year $12,796,125 · end of year $12,163,694
-
23 · Secured mortgages and notes payable
beginning of year $2,670,892 · end of year $2,670,892
-
24 · Unsecured notes and loans payable
end of year $800,000
-
25 · Other liabilities
beginning of year $3,728,682 · end of year $6,732,003
-
27 · Net assets without donor restrictions
beginning of year $122,169,678 · end of year $130,939,332
-
28 · Net assets with donor restrictions
beginning of year $150,411,578 · end of year $147,413,888
Mission and programs · 2022
Mission
SAINT VINCENT COLLEGE IS AN EDUCATIONAL COMMUNITY ROOTED IN THE TRADITION OF THE CATHOLIC FAITH, THE HERITAGE OF BENEDICTINE MONASTICISM, AND THE LOVE OF VALUES INHERENT IN THE LIBERAL APPROACH TO LIFE AND LEARNING. ITS MISSION IS TO PROVIDE QUALITY UNDERGRADUATE AND GRADUATE EDUCATION FOR MEN AND WOMEN TO ENABLE THEM TO INTEGRATE THEIR PROFESSIONAL AIMS WITH THE BROADER PURPOSES OF HUMAN LIFE. THE PROGRAMS, ACTIVITIES, AND ENCOUNTERS THAT MAKE UP STUDENT LIFE AT SAINT VINCENT COLLEGE ENCOURAGE THE INTELLECTUAL GIFTS, PROFESSIONAL APTITUDES AND PERSONAL ASPIRATIONS OF STUDENTS TO MATURE HARMONIOUSLY.
Activities or mission (Part I)
TO PROVIDE QUALITY UNDERGRADUATE AND GRADUATE EDUCATION FOR MEN AND WOMEN.
-
FOUNDED IN 1846, SAINT VINCENT COLLEGE IS A PRIVATE, CATHOLIC, BENEDICTINE LIBERAL ARTS COLLEGE LOCATED IN LATROBE, PENNSYLVANIA. OUR MISSION IS "TO PROVIDE QUALITY UNDERGRADUATE AND GRADUATE EDUCATION FOR MEN AND WOMEN TO ENABLE THEM TO INTEGRATE THEIR PROFESSIONAL AIMS WITH THE BROADER PURPOSES OF HUMAN LIFE."SAINT VINCENT COLLEGE'S APPROACH TO EDUCATION IS ROOTED IN A CORE CURRICULUM THAT PROVIDES ALL STUDENTS WITH A BROAD-BASED EDUCATION. THE CORE CURRICULUM IS FOUNDED IN THE HUMANITIES, SOCIAL SCIENCES, NATURAL SCIENCES AND MATHEMATICS. EACH OF OUR PROGRAMS OF STUDY INCORPORATES AN INTERDISCIPLINARY VIEW OF KNOWLEDGE AND EMPHASIZES THE SKILLS TO INCREASE A STUDENT'S GENERAL BODY OF KNOWLEDGE THROUGHOUT THEIR LIVES.IN ADDITION TO ITS ROLE AS A KEY EDUCATIONAL PROVIDER, SAINT VINCENT SERVES AS AN ECONOMIC, ENVIRONMENTAL AND CULTURAL RESOURCE FOR THE LOCAL AREA. APPROXIMATELY 42% OF ALL GRADUATES FROM THE COLLEGE RESIDE IN ALLEGHENY AND WESTMORELAND COUNTIES, HELPING TO CONTRIBUTE TO THE REGION'S ECONOMIC GROWTH. THE COLLEGE'S ACADEMIC AND OUTREACH PROGRAMS ALSO HAVE HAD AN INSTRUMENTAL ROLE IN FOSTERING BUSINESS DEVELOPMENT, PROMOTING CULTURAL ENRICHMENT AND ADDRESSING REGIONAL ENVIRONMENTAL AND HEALTHCARE ISSUES.SAINT VINCENT COLLEGE SEMINARY IS A CENTER FOR THE SPIRITUAL FORMATION, HUMAN DEVELOPMENT AND ACADEMIC AND PASTORAL PREPARATION OF CANDIDATES FOR THE PRIESTHOOD. THE SEMINARY ALSO PROVIDES PROGRAMS FOR PERMANENT DIACONATE CANDIDATES AND OFFERS DEGREE PROGRAMS TO QUALIFIED MEN AND WOMEN SEEKING A THEOLOGICAL EDUCATION.
Expenses $86,014,270 · Grants $32,894,529 · Revenue $74,163,371
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mr Arthur J Rooney IIMR ARTHUR J ROONEY II
CHAIR
- Total calculated
- $0
- Hours/week
- 6
-
Rt Rev Martin R Bartel OsbRT REV MARTIN R BARTEL OSB
VICE CHAIR/CHANCELLOR
- Total calculated
- $0
- Hours/week
- 8
-
Rev Warren Murrman OsbREV WARREN MURRMAN OSB
SECRETARY/PROFESSOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Paul R Taylor OsbREV PAUL R TAYLOR OSB
PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
Very Rev Edward Mazich OsbVERY REV EDWARD MAZICH OSB
RECTOR
- Total calculated
- $0
- Hours/week
- 40
-
Rev Joseph Adams OsbREV JOSEPH ADAMS OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Gregory BisignaniDR GREGORY BISIGNANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ms Bibiana BoerioMS BIBIANA BOERIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Jude Brady OsbREV JUDE BRADY OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ms Amanda CecconiMS AMANDA CECCONI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Robert J ClemensMR ROBERT J CLEMENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ms Kimberly Colonna EsqMS KIMBERLY COLONNA ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Thomas Curry OsbREV THOMAS CURRY OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Richard A DiclaudioMR RICHARD A DICLAUDIO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Mr David A Dzombak PhDMR DAVID A DZOMBAK PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Ramon FosterMR RAMON FOSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Paul GiuntoMR PAUL GIUNTO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr John J HansMR JOHN J HANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Isaac P Haywiser OsbREV ISAAC P HAYWISER OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Very Rev Earl Henry OsbVERY REV EARL HENRY OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Timothy HudakMR TIMOTHY HUDAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Most Rev Lawrence KulickMOST REV LAWRENCE KULICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Matthew T Laffey OsbREV MATTHEW T LAFFEY OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr John M LallyMR JOHN M LALLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Fr Matthew Lambert OsbFR MATTHEW LAMBERT OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Ivan Lamourt PsydMR IVAN LAMOURT PSYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Ralph LiberatoreMR RALPH LIBERATORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Troy OvitskyMR TROY OVITSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Robert F PusateriMR ROBERT F PUSATERI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 4
-
Dr Carlonda R ReillyDR CARLONDA R REILLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Mark RossiMR MARK ROSSI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Paul A SeamanMR PAUL A SEAMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr David M Siwicki MDMR DAVID M SIWICKI MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Kiron Skinner PhDDR KIRON SKINNER PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr John N Stevens JrMR JOHN N STEVENS JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr William ThomasMR WILLIAM THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Jean-Luc Zadroga OsbREV JEAN-LUC ZADROGA OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Frank Ziemkiewicz OsbREV FRANK ZIEMKIEWICZ OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bishop David A ZubikBISHOP DAVID A ZUBIK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ms Tiffany GilbertMS TIFFANY GILBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Very Rev Killian Loch OsbVERY REV KILLIAN LOCH OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rev Dominic Leo OsbREV DOMINIC LEO OSB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Edward Kilkeary JrMR EDWARD KILKEARY JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Ms Jolene BognerMS JOLENE BOGNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr David R McGonigleMR DAVID R MCGONIGLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mr Joshua GuiserMR JOSHUA GUISER
TREASURER/VP FINANCE
- Total calculated
- $165,063
- From this org
- $148,577
- From related orgs
- $0
- Other
- $16,486
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,577
- Bonus
- $0
- Other
- $0
- Deferred
- $12,919
- Nontaxable benefits
- $3,567
- Filer's total
- $165,063
-
Mr Ricardo V EzziMR RICARDO V EZZI
ASSISTANT TREASURER
- Total calculated
- $92,711
- From this org
- $76,068
- From related orgs
- $0
- Other
- $16,643
- Hours/week
- 40
-
Mr Jeff A MalloryMR JEFF A MALLORY
EXECUTIVE VP
- Total calculated
- $181,517
- From this org
- $166,165
- From related orgs
- $0
- Other
- $15,352
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $166,165
- Bonus
- $0
- Other
- $0
- Deferred
- $13,288
- Nontaxable benefits
- $2,064
- Filer's total
- $181,517
-
Mr Bruce A AntkowiakMR BRUCE A ANTKOWIAK
LEGAL COUNSEL/PROFESSOR
- Total calculated
- $186,993
- From this org
- $149,208
- From related orgs
- $0
- Other
- $37,785
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,208
- Bonus
- $0
- Other
- $0
- Deferred
- $11,600
- Nontaxable benefits
- $26,185
- Filer's total
- $186,993
-
Mr Stephen M JodisMR STEPHEN M JODIS
DEAN - BOYER SCHOOL
- Total calculated
- $180,644
- From this org
- $143,156
- From related orgs
- $0
- Other
- $37,488
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,156
- Bonus
- $0
- Other
- $0
- Deferred
- $11,229
- Nontaxable benefits
- $26,259
- Filer's total
- $180,644
-
Mr Jerome FossMR JEROME FOSS
DIRECTOR - CPET, MCKENNA FACULTY
- Total calculated
- $162,770
- From this org
- $131,060
- From related orgs
- $0
- Other
- $31,710
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,060
- Bonus
- $0
- Other
- $0
- Deferred
- $5,560
- Nontaxable benefits
- $26,150
- Filer's total
- $162,770
-
Mr Michael UrickMR MICHAEL URICK
DEAN, MCKENNA SCHOOL
- Total calculated
- $165,951
- From this org
- $129,335
- From related orgs
- $0
- Other
- $36,616
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $129,335
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $36,616
- Filer's total
- $165,951
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- PAID COUNTRY CLUB DUES FOR BUSINESS USE IN FUNDRAISING EFFORTS SHARED BY THE PRESIDENT, EXECUTIVE VICE PRESIDENT, VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF PHILANTHROPHY, AND ATHLETIC DIRECTOR.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
THE BENEDICTINE SOCIETY OF WESTMORELAND COUNTY
501(C)(3) · TO SUPPORT SAINT VINCENT COLLEGE, SEMINARY AND ARCHABBEY · PA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431349349306698
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.