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← UNIVERSITY OF NEW HAVEN

Form 990 for tax year 2024

Filed by UNIVERSITY OF NEW HAVEN.

Totals

Total revenue
$392,215,175
Total expenses
$381,464,564
Contributions and grants received
$27,318,441
Grants paid
$144,992,910
Program service revenue
$351,001,887
Investment income
$8,024,100
Other revenue
$5,870,747
Total assets, end of year
$461,114,942
Total liabilities, end of year
$170,283,195
Net assets or fund balances, end of year
$290,831,747
Program services expenses (Part IX)
$347,920,243
Management and general expenses
$29,827,866
Fundraising expenses
$3,716,455
Program service expenses (Part III)
$347,920,243

Program services were 91.2% 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.

  • 1c · Fundraising events

    $43,600

  • 1e · Government grants (contributions)

    $10,210,637

  • 1f · All other contributions, gifts and grants

    $17,064,204

  • 1g · Noncash contributions included above

    $903,208

  • 2a · Program service revenue: TUITION

    total $301,309,797 · related or exempt $301,309,797

  • 2b · Program service revenue: RESIDENCE FEES

    total $32,605,490 · related or exempt $32,605,490

  • 2c · Program service revenue: DINING FEES

    total $15,989,492 · related or exempt $15,989,492

  • 2d · Program service revenue: COMMISSIONS

    total $258,219 · related or exempt $258,219

  • 2e · Program service revenue: ATHLETIC AND auxiliary

    total $838,889 · related or exempt $838,889

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,213,658 · excluded $3,213,658

  • 4 · Income from investment of tax-exempt bond proceeds

    total $63,813 · excluded $63,813

  • 6a · Gross rents

    real property $103,854

  • 6c · Rental income or loss

    real property $103,854 · personal property $0

  • 6d · Net rental income or loss

    total $103,854 · excluded $103,854

  • 7a · Gross sales of assets other than inventory

    securities $70,350,203 · other assets $42,500

  • 7b · Less cost or other basis and sales expenses

    securities $65,493,402 · other assets $152,672

  • 7c · Gain or loss

    securities $4,856,801 · other assets -$110,172

  • 7d · Net gain or loss

    total $4,746,629 · excluded $4,746,629

  • 8a · Fundraising events: gross income

    $27,660

  • 8a · Fundraising events: contributions included on line 1c

    $43,600

  • 8b · Fundraising events: direct expenses

    $41,121

  • 8c · Net income from fundraising events

    total -$13,461 · excluded -$13,461

  • 11a · Other revenue: ACADEMIC SUPPORT REVENUE

    total $2,782,116 · related or exempt $2,782,116

  • 11b · Other revenue: Grant Revenue IDC

    total $1,329,647 · related or exempt $1,329,647

  • 11c · Other revenue: INCENTIVES AND REBATES

    total $892,777 · related or exempt $892,777

  • 11d · All other revenue

    total $775,814 · related or exempt $775,814 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $5,780,354

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $141,664,516 · program services $141,664,516

  • 3 · Grants to foreign organizations and individuals

    total $3,328,394 · program services $3,328,394

  • 5 · Compensation of officers, directors and key employees

    total $2,409,449 · program services $496,786 · management and general $1,350,128 · fundraising $562,535

  • 7 · Other salaries and wages

    total $97,934,975 · program services $84,016,522 · management and general $12,233,929 · fundraising $1,684,524

  • 8 · Pension plan contributions

    total $6,982,703 · program services $5,550,168 · management and general $1,263,043 · fundraising $169,492

  • 9 · Other employee benefits

    total $11,941,500 · program services $10,268,404 · management and general $1,479,939 · fundraising $193,157

  • 10 · Payroll taxes

    total $6,826,851 · program services $5,881,318 · management and general $830,798 · fundraising $114,735

  • 11b · Fees: legal

    total $646,063 · management and general $646,063

  • 11c · Fees: accounting

    total $140,075 · program services $134,150 · management and general $5,925

  • 11d · Fees: lobbying

    total $113,020 · program services $113,020

  • 11f · Fees: investment management

    total $255,470 · program services $190,076 · management and general $65,394

  • 11g · Fees: other

    total $8,738,374 · program services $7,423,372 · management and general $1,222,177 · fundraising $92,825

  • 12 · Advertising and promotion

    total $1,438,399 · program services $1,438,350 · management and general $49

  • 13 · Office expenses

    total $6,182,793 · program services $5,148,027 · management and general $872,869 · fundraising $161,897

  • 14 · Information technology

    total $5,509,473 · program services $1,818,126 · management and general $3,636,252 · fundraising $55,095

  • 16 · Occupancy

    total $5,137,212 · program services $4,746,784 · management and general $339,056 · fundraising $51,372

  • 17 · Travel

    total $1,882,098 · program services $1,663,734 · management and general $205,718 · fundraising $12,646

  • 19 · Conferences, conventions and meetings

    total $341,928 · program services $298,009 · management and general $11,484 · fundraising $32,435

  • 20 · Interest

    total $4,542,581 · program services $4,150,696 · management and general $347,223 · fundraising $44,662

  • 22 · Depreciation, depletion and amortization

    total $13,565,033 · program services $12,534,091 · management and general $895,292 · fundraising $135,650

  • 23 · Insurance

    total $6,950,270 · program services $6,422,049 · management and general $458,718 · fundraising $69,503

  • 24a · Other expenses: Food Service

    total $16,275,309 · program services $16,103,502 · management and general $56,832 · fundraising $114,975

  • 24b · Other expenses: Other Service Agreements

    total $10,694,617 · program services $9,881,826 · management and general $705,845 · fundraising $106,946

  • 24c · Other expenses: Repair and Maintenance

    total $9,163,649 · program services $8,467,212 · management and general $604,801 · fundraising $91,636

  • 24d · Other expenses: Lease and Rental

    total $6,204,536 · program services $5,636,819 · management and general $557,621 · fundraising $10,096

  • 24e · All other expenses

    total $12,595,276 · program services $10,544,292 · management and general $2,038,710 · fundraising $12,274

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $480,016 · end of year $203,329

  • 2 · Savings and temporary cash investments

    beginning of year $5,791,702 · end of year $4,428,329

  • 3 · Pledges and grants receivable

    beginning of year $7,946,015 · end of year $15,877,462

  • 4 · Accounts receivable

    beginning of year $479,149 · end of year $1,530,478

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $127,737 · end of year $100,418

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,394,240 · end of year $4,025,993

  • 10a · Land, buildings and equipment: cost or other basis

    $543,868,294

  • 10b · Land, buildings and equipment: accumulated depreciation

    $233,917,463

  • 10c · Land, buildings and equipment, net

    beginning of year $289,697,998 · end of year $309,950,831

  • 11 · Investments: publicly traded securities

    beginning of year $117,495,680 · end of year $98,302,811

  • 12 · Investments: other securities

    beginning of year $8,495,711 · end of year $9,466,702

  • 13 · Investments: program-related

    beginning of year $2,469,869 · end of year $2,220,334

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $20,697,805 · end of year $15,008,255

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,623,464 · end of year $24,859,559

  • 18 · Grants payable

    beginning of year $591,043 · end of year $514,796

  • 19 · Deferred revenue

    beginning of year $11,599,948 · end of year $10,276,657

  • 20 · Tax-exempt bond liabilities

    beginning of year $106,592,298 · end of year $101,729,838

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $6,750,000 · end of year $5,249,751

  • 24 · Unsecured notes and loans payable

    beginning of year $8,000,000 · end of year $10,000,000

  • 25 · Other liabilities

    beginning of year $23,631,243 · end of year $17,652,594

  • 27 · Net assets without donor restrictions

    beginning of year $197,101,304 · end of year $200,315,294

  • 28 · Net assets with donor restrictions

    beginning of year $76,186,622 · end of year $90,516,453

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a global society by providing the highest-quality education through experiential, collaborative, and discovery-based learning.

Activities or mission (Part I)

UNIVERSITY OF NEW HAVEN IS A STUDENT-CENTERED COMPREHENSIVE UNIVERSITY WITH AN EMPHASIS ON EXCELLENCE IN LIBERAL ARTS & PROFESSIONAL EDUCATION.

  • UNIVERSITY PROGRAM: THE UNIVERSITY OF NEW HAVEN IS A PRIVATE UNIVERSITY, FOUNDED IN 1920, WITH AN 82 ACRE MAIN CAMPUS AND SATELLITE CAMPUSES IN ORANGE, CT AND PRATO, ITALY. THE UNIVERSITY HAS AN UNDERGRADUATE ENROLLMENT OF 4,903 STUDENTS WITH 55 PERCENT RESIDING IN UNIVERSITY HOUSING. THE UNIVERSITY OFFERS 73 UNDERGRADUATE DEGREES AND CONCENTRATIONS THROUGH ITS FIVE COLLEGES, IN INNOVATIVE FIELDS SUCH AS SPORTS MANAGEMENT, NUTRITION & DIETETICS, FORENSIC SCIENCE, MUSIC AND SOUND RECORDING, ENGINEERING, COMPUTER SCIENCE, FIRE SCIENCE AND CRIMINAL JUSTICE. THE UNIVERSITY ALSO OFFERS ITS STUDENTS A STUDY ABROAD PROGRAM THROUGH A VARIETY OF UNIQUE OFFERINGS.

    Expenses $261,288,102 · Grants $127,500,091 · Revenue $267,943,463

  • GRADUATE SCHOOL: THE GRADUATE SCHOOL HAS AN ENROLLMENT OF 4,326 STUDENTS AND OFFERS 63 GRADUATE DEGREES AND CONCENTRATIONS. THE GRADUATE SCHOOL HELPS STUDENTS ACHIEVE A MORE MEANINGFUL CAREER, THE BENEFITS OF LIFELONG LEARNING AND A SENSE OF RESPONSIBILITY AS A CITIZEN OF THE WORLD.

    Expenses $86,632,141 · Grants $17,492,819 · Revenue $88,838,778

As filed on the 2024 return.

Listed in Part VII

  • Alen Love

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Alice G Gao

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Allen Masarek

    BOARD OF GOVERNORS (START 10/04/2024)

    Total calculated
    $0
    Hours/week
    1
  • Anil Shah

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Anthony Scillia

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Brehm

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Charles Pompea

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • David J Peterson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Dolores Ennico

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Frank Sims

    BOARD OF GOVERNORS (START 10/04/2024)

    Total calculated
    $0
    Hours/week
    1
  • John Y Kotziagkiaourdis

    BOARD OF GOVERNORS (END 05/19/2025)

    Total calculated
    $0
    Hours/week
    1
  • Josephine Moran

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Kenneth Biermacher

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kristina Palazzo

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Lawrence P Flanagan

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Michael Ambrose

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Michael Quiello

    BOARD OF GOVERNORS (END 04/14/2025)

    Total calculated
    $0
    Hours/week
    1
  • Philip Bartels

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Randal Thompson

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Regina Paolillo

    BOARD OF GOVERNORS (START 10/04/2024) (END 5/14/2025)

    Total calculated
    $0
    Hours/week
    1
  • Robert M Lee

    BOARD OF GOVERNORS (END 05/29/2025)

    Total calculated
    $0
    Hours/week
    1
  • Roger Cooper

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Rosa Gatti

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Rowena Track

    BOARD OF GOVERNORS (END 09/10/2024)

    Total calculated
    $0
    Hours/week
    1
  • Samuel Bergami

    BOARD OF GOVERNORS (END 03/07/2025)

    Total calculated
    $0
    Hours/week
    1
  • Shelley Stewart

    BOARD OF GOVERNORS (END 12/31/2024)

    Total calculated
    $0
    Hours/week
    1
  • Stephen Tagliatela

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Wilkingson Germain

    BOARD OF GOVERNORS

    Total calculated
    $0
    Hours/week
    1
  • Brian Otis

    VP INSTITUTIONAL ADV

    Total calculated
    $415,268
    From this org
    $303,899
    From related orgs
    $0
    Other
    $111,369
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $302,254
    Bonus
    $0
    Other
    $1,645
    Deferred
    $50,733
    Nontaxable benefits
    $60,636
    Filer's total
    $415,268
  • George S Synodi

    VP FINANCE

    Total calculated
    $479,310
    From this org
    $413,810
    From related orgs
    $0
    Other
    $65,500
    Hours/week
    34 + 1 related

    Schedule J breakdown matched by us

    Base
    $394,731
    Bonus
    $0
    Other
    $19,079
    Deferred
    $53,282
    Nontaxable benefits
    $12,218
    Filer's total
    $479,310
  • Gregory Eichhorn

    VP ENROLLMENT

    Total calculated
    $378,843
    From this org
    $298,858
    From related orgs
    $0
    Other
    $79,985
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $295,845
    Bonus
    $0
    Other
    $3,013
    Deferred
    $18,888
    Nontaxable benefits
    $61,097
    Filer's total
    $378,843
  • JENS FREDERIKSEN PhD

    PRESIDENT

    Total calculated
    $609,173
    From this org
    $499,523
    From related orgs
    $0
    Other
    $109,650
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $399,813
    Bonus
    $0
    Other
    $99,710
    Deferred
    $55,667
    Nontaxable benefits
    $53,983
    Filer's total
    $609,173
  • Nancy Savage

    PROVOST

    Total calculated
    $394,477
    From this org
    $310,353
    From related orgs
    $0
    Other
    $84,124
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $309,566
    Bonus
    $0
    Other
    $787
    Deferred
    $50,879
    Nontaxable benefits
    $33,245
    Filer's total
    $394,477
  • Brian Kench

    DEAN

    Total calculated
    $404,283
    From this org
    $311,275
    From related orgs
    $0
    Other
    $93,008
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $310,309
    Bonus
    $0
    Other
    $966
    Deferred
    $52,136
    Nontaxable benefits
    $40,872
    Filer's total
    $404,283
  • Daniel Mabrey

    INTL PROGRAM MANAGER

    Total calculated
    $421,188
    From this org
    $400,168
    From related orgs
    $0
    Other
    $21,020
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $233,555
    Bonus
    $0
    Other
    $166,613
    Deferred
    $21,020
    Nontaxable benefits
    $0
    Filer's total
    $421,188
  • Mario T Gaboury

    DEAN

    Total calculated
    $423,466
    From this org
    $309,916
    From related orgs
    $0
    Other
    $113,550
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $288,622
    Bonus
    $0
    Other
    $21,294
    Deferred
    $50,975
    Nontaxable benefits
    $62,575
    Filer's total
    $423,466
  • Ronald Harichandran

    DEAN

    Total calculated
    $367,329
    From this org
    $321,297
    From related orgs
    $0
    Other
    $46,032
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $316,025
    Bonus
    $0
    Other
    $5,272
    Deferred
    $45,032
    Nontaxable benefits
    $1,000
    Filer's total
    $367,329
  • Steven H Kaplan

    President Emeritus

    Total calculated
    $924,148
    From this org
    $820,797
    From related orgs
    $0
    Other
    $103,351
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $719,729
    Bonus
    $0
    Other
    $101,068
    Deferred
    $54,050
    Nontaxable benefits
    $49,301
    Filer's total
    $924,148
  • Sheahon Zenger

    FORMER INTERIM PRESIDENT (END 6/30/2024)

    Total calculated
    $320,537
    From this org
    $274,710
    From related orgs
    $0
    Other
    $45,827
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $242,633
    Bonus
    $0
    Other
    $32,077
    Deferred
    $18,888
    Nontaxable benefits
    $26,939
    Filer's total
    $320,537

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 · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Schedule J, Part I, Line 1a Housing allowance or residence for personal use
CERTAIN EMPLOYEES RECEIVED TAXABLE ADDITIONAL COMPENSATION RELATED TO HOUSING, TRANSPORTATION, TRAVEL, AND OTHER RELATED EXPENSES. THESE ADDITIONAL COMPENSATION ARRANGEMENTS WERE DEEMED APPROPRIATE BASED ON THE NATURE OF THE EMPLOYEES' ROLES AND RESPONSIBILITIES AND ARE FUNDED THROUGH A SERVICE CONTRACT WITH THE UNIVERSITY. THE ADDITIONAL COMPENSATION ITEMS ARE CODIFIED WITHIN EACH EMPLOYEE'S EMPLOYMENT CONTRACT AND ARE INCLUDED IN THE EMPLOYEE'S SCHEDULE J, PART II, COLUMN (B)(III).
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
CHANCELLOR KAPLAN PARTICIPATED IN A NON-QUALIFIED RETIREMENT PLAN UNDER IRC SECTION 457(F). THERE WERE NO CONTRIBUTIONS MADE TO THE PLAN DURING THE YEAR. ALL PRIOR CONTRIBUTIONS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THE DATE OF VESTING (JANUARY 2025 AND JANUARY 2026, RESPECTIVELY).
Schedule J, Part II, Column (B)(iii) OTHER REPORTABLE COMPENSATION
THE $101,068 AMOUNT REPORTED IN COLUMN (B)(III) FOR CHANCELLOR STEVEN H KAPLAN REPRESENTS OTHER REPORTABLE COMPENSATION ITEMS WHICH ARE TAXABLE TO THE CHANCELLOR. THIS INCLUDES $85,000 HOUSING ALLOWANCE AND $16,068 FOR GROUP TERM LIFE INSURANCE COVERAGE.
Schedule J, Part II, Column (B)(iii) REPORTABLE COMPENSATION
THE $99,710 AMOUNT REPORTED IN COLUMN (B)(III) FOR PRESIDENT JENS FREDERIKSEN, PHD REPRESENTS OTHER REPORTABLE COMPENSATION ITEMS WHICH ARE TAXABLE TO THE PRESIDENT. THIS INCLUDES $32,500 HOUSING ALLOWANCE, $12,750 of transportation allowance, $53,705 of relocation assistance AND $755 FOR GROUP TERM LIFE INSURANCE COVERAGE.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER UNITRUST (1)

    Trust · CHARITABLE TRUST · CT · controlled entity

    Directly controlled by NA

  • CHARITABLE TRUST (1)

    Trust · CHARITABLE TRUST · CT · controlled entity

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.1
Source object
202611339349303081

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