Totals
- Total revenue
- $226,761,087
- Total expenses
- $228,880,381
- Contributions and grants received
- $25,492,261
- Grants paid
- $81,058,159
- Program service revenue
- $180,655,013
- Investment income
- $19,102,082
- Other revenue
- $1,511,731
- Total assets, end of year
- $431,384,829
- Total liabilities, end of year
- $116,396,783
- Net assets or fund balances, end of year
- $314,988,046
- Program services expenses (Part IX)
- $203,267,313
- Management and general expenses
- $18,753,825
- Fundraising expenses
- $6,859,243
- Program service expenses (Part III)
- $203,267,313
Program services were 88.8% 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
$3,634,673
-
1e · Government grants (contributions)
$4,151,490
-
1f · All other contributions, gifts and grants
$17,706,098
-
1g · Noncash contributions included above
$2,921,822
-
2a · Program service revenue: TUITION AND FEES
total $157,837,694 · related or exempt $157,837,694
-
2b · Program service revenue: AUXILIARY SERVICES
total $22,710,085 · related or exempt $22,710,085
-
2c · Program service revenue: YOUTH PROGRAMS
total $93,560 · related or exempt $93,560
-
2d · Program service revenue: STUDENT LOAN INTEREST
total $13,674 · related or exempt $13,674
-
3 · Investment income
total $3,012,989 · excluded $3,012,989
-
4 · Income from investment of tax-exempt bond proceeds
total $16 · excluded $16
-
5 · Royalties
total $18,584 · excluded $18,584
-
6a · Gross rents
real property $1,910,382
-
6b · Less rental expenses
real property $663,580
-
6c · Rental income or loss
real property $1,246,802
-
6d · Net rental income or loss
total $1,246,802 · excluded $1,246,802
-
7a · Gross sales of assets other than inventory
securities $2,307,591 · other assets $18,000,000
-
7b · Less cost or other basis and sales expenses
securities $2,337,212 · other assets $1,881,302
-
7c · Gain or loss
securities -$29,621 · other assets $16,118,698
-
7d · Net gain or loss
total $16,089,077 · excluded $16,089,077
-
8a · Fundraising events: gross income
$166,260
-
8a · Fundraising events: contributions included on line 1c
$3,634,673
-
8b · Fundraising events: direct expenses
$324,352
-
8c · Net income from fundraising events
total -$158,092 · excluded -$158,092
-
11a · Other revenue: OTHER REVENUE
total $387,955 · excluded $387,955
-
11b · Other revenue: INSURANCE LOSS REIMBURSEMENT
total $16,482 · excluded $16,482
-
11e · Other revenue, total
$404,437
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $81,058,159 · program services $81,058,159
-
5 · Compensation of officers, directors and key employees
total $2,072,388 · program services $432,444 · management and general $963,537 · fundraising $676,407
-
6 · Compensation of disqualified persons
total $868,527 · management and general $781,674 · fundraising $86,853
-
7 · Other salaries and wages
total $60,151,793 · program services $50,626,918 · management and general $7,139,882 · fundraising $2,384,993
-
8 · Pension plan contributions
total $2,395,786 · program services $2,270,936 · management and general $47,419 · fundraising $77,431
-
9 · Other employee benefits
total $13,275,781 · program services $11,071,783 · management and general $1,669,336 · fundraising $534,662
-
10 · Payroll taxes
total $4,619,738 · program services $3,788,185 · management and general $600,566 · fundraising $230,987
-
11b · Fees: legal
total $995,849 · management and general $995,849
-
11c · Fees: accounting
total $231,655 · management and general $231,655
-
11f · Fees: investment management
total $106,428 · management and general $106,428
-
11g · Fees: other
total $7,835,658 · program services $6,394,107 · management and general $1,210,067 · fundraising $231,484
-
12 · Advertising and promotion
total $1,789,631 · program services $276,910 · management and general $394,885 · fundraising $1,117,836
-
13 · Office expenses
total $2,233,742 · program services $1,350,689 · management and general $554,084 · fundraising $328,969
-
14 · Information technology
total $2,147,334 · program services $1,885,278 · management and general $144,645 · fundraising $117,411
-
16 · Occupancy
total $13,418,776 · program services $13,131,696 · management and general $138,419 · fundraising $148,661
-
17 · Travel
total $3,970,440 · program services $3,680,544 · management and general $72,555 · fundraising $217,341
-
19 · Conferences, conventions and meetings
total $315,572 · program services $260,668 · management and general $37,201 · fundraising $17,703
-
20 · Interest
total $3,517,362 · program services $3,405,796 · management and general $111,566
-
22 · Depreciation, depletion and amortization
total $12,208,182 · program services $11,231,527 · management and general $854,573 · fundraising $122,082
-
23 · Insurance
total $1,744,561 · program services $335,132 · management and general $1,331,589 · fundraising $77,840
-
24a · Other expenses: FOOD SERVICE
total $8,600,037 · program services $8,257,894 · management and general $137,361 · fundraising $204,782
-
24b · Other expenses: MAINTENANCE & SUPPLIES
total $2,746,099 · program services $2,311,633 · management and general $278,779 · fundraising $155,687
-
24c · Other expenses: BOOKS & PRINTING
total $946,955 · program services $882,558 · management and general $25,709 · fundraising $38,688
-
24d · Other expenses: BAD DEBT EXPENSE
total $430,000 · management and general $430,000
-
24e · All other expenses
total $1,199,928 · program services $614,456 · management and general $496,046 · fundraising $89,426
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $26,163,399 · end of year $7,589,987
-
2 · Savings and temporary cash investments
beginning of year $9,707,186 · end of year $12,027,107
-
3 · Pledges and grants receivable
beginning of year $25,780,371 · end of year $25,021,293
-
4 · Accounts receivable
beginning of year $3,264,085 · end of year $3,451,841
-
8 · Inventories for sale or use
beginning of year $35,346 · end of year $31,463
-
9 · Prepaid expenses and deferred charges
beginning of year $141,980 · end of year $49,399
-
10a · Land, buildings and equipment: cost or other basis
$434,046,675
-
10b · Land, buildings and equipment: accumulated depreciation
$195,973,531
-
10c · Land, buildings and equipment, net
beginning of year $230,711,526 · end of year $238,073,144
-
11 · Investments: publicly traded securities
beginning of year $122,691,848 · end of year $135,400,223
-
12 · Investments: other securities
beginning of year $7,071,415 · end of year $8,198,822
-
13 · Investments: program-related
beginning of year $539,362 · end of year $394,432
-
15 · Other assets
beginning of year $1,329,655 · end of year $1,147,118
-
17 · Accounts payable and accrued expenses
beginning of year $14,372,845 · end of year $12,092,187
-
19 · Deferred revenue
beginning of year $9,642,882 · end of year $9,149,518
-
20 · Tax-exempt bond liabilities
beginning of year $92,066,977 · end of year $90,043,099
-
25 · Other liabilities
beginning of year $4,965,212 · end of year $5,111,979
-
27 · Net assets without donor restrictions
beginning of year $144,385,229 · end of year $147,350,386
-
28 · Net assets with donor restrictions
beginning of year $162,003,028 · end of year $167,637,660
Mission and programs · 2022
Mission
MANHATTAN COLLEGE IS A LASALLIAN CATHOLIC EDUCATIONAL INSTITUTION FOUNDED IN 1853 BY THE DE LA SALLE CHRISTIAN BROTHERS, A RELIGIOUS TEACHING ORDER STARTED BY SAINT JOHN BAPTIST DE LA SALLE, THE PATRON SAINT OF TEACHERS. OUR LUSH, 22-ACRE CAMPUS IN RIVERDALE OFFERS A SAFE AND SECURE HOME BASE THAT'S WITHIN ARM'S REACH OF THE GREATEST CITY IN THE WORLD - NEW YORK. EDUCATION AT MANHATTAN COLLEGE HAS A STRONG FOCUS ON PRACTICAL, EXPERIENTIAL LEARNING. OPPORTUNITIES ABOUND WHEN IT COMES TO INTERNSHIPS, SUMMER PLACEMENTS AND THE CHANCE TO GAIN REAL-WORLD SKILLS IN THEIR FUTURE WORKPLACE. OUR CONNECTIONS TO THE UPPER ECHELONS OF NEW YORK CITY OFFER INVALUABLE CAREER OPPORTUNITIES, AS WELL AS A BACKSTAGE PASS TO THIS VIBRANT, MAGNIFICENT METROPOLIS. THE MISSION OF THE COLLEGE IS TO PROVIDE A CONTEMPORARY, PERSON-CENTERED EDUCATIONAL EXPERIENCE THAT PREPARES GRADUATES FOR LIVES OF PERSONAL DEVELOPMENT, PROFESSIONAL SUCCESS, CIVIC ENGAGEMENT, AND SERVICE TO THEIR FELLOW HUMAN BEINGS.
Activities or mission (Part I)
MANHATTAN COLLEGE IS AN INDEPENDENT CATHOLIC INSTITUTION OF HIGHER LEARNING THAT EMBRACES QUALIFIED MEN AND WOMEN OF ALL FAITHS, CULTURES, AND TRADITIONS. THE MISSION OF THE COLLEGE IS TO PROVIDE A CONTEMPORARY, PERSON-CENTERED EDUCATIONAL EXPERIENCE THAT PREPARES GRADUATES FOR LIVES OF PERSONAL DEVELOPMENT, PROFESSIONAL SUCCESSES, CIVIC ENGAGEMENT, AND SERVICE TO THEIR FELLOW HUMAN BEINGS.
-
MANHATTAN COLLEGE IS AN INDEPENDENT CATHOLIC INSTITUTION OF HIGHER LEARNING THAT OFFERS THE VARIETY OF ACADEMIC PROGRAMMING FOUND AT A LARGE UNIVERSITY, BUT WITH THE PERSONALIZED LEARNING EXPERIENCE OF A SMALL, LIBERAL ARTS SCHOOL. AS OF JUNE 30, 2023 THE COLLEGE'S 6 DISTINCT SCHOOLS, THE SCHOOL OF LIBERAL ARTS, THE SCHOOL OF SCIENCE, THE SCHOOL OF ENGINEERING, THE SCHOOL OF EDUCATION AND HEALTH, THE O'MALLEY SCHOOL OF BUSINESS AND THE SCHOOL OF CONTINUING AND PROFESSIONAL STUDIES OFFER MORE THAN 100 MAJORS, MINORS, GRADUATE PROGRAMS AND ADVANCED CERTIFICATES, AS WELL AS DEGREEES THAT CAN BE EARNED FULLY ONLINE OR COMBINED WITH A TRADITIONAL CLASSROOM EXPERIENCE. WITH A 12:1 STUDENT-TO-FACULTY RATIO, A CATALOG OF COURSES THAT USES NEW YORK CITY AS A CLASSROOM AND A CURRICULUM BUILT ON A STRONG LIBERAL ARTS FOUNDATION OUR STUDENTS LAND INTERNSHIPS AND JOBS AT FORTUNE 500 COMPANIES AND CONDUCT RESEARCH THAT MAKES A REAL IMPACT IN THE WORLD. THE COLLEGE EDUCATES APPROXIMATELY 2,970 UNDERGRADUATE AND 519 GRADUATE STUDENTS.
Expenses $191,390,883 · Grants $81,058,159 · Revenue $157,944,928
-
AUXILIARY SERVICES INCLUDE THE COST OF ROOM AND BOARD FOR APPROXIMATELY 1,155 FULL TIME UNDERGRADUATE STUDENTS LIVING IN TRADITIONAL RESIDENCE HALL, SUITE STYLE AND APARTMENT STYLE BUILDINGS ON OUR 22 ACRE CAMPUS. THE COLLEGE OFFERS A FOUR YEAR GUARANTEE OF RESIDENT HOUSING. ADDITIONALLY, GRADUATE STUDENTS ARE OFFERED HOUSING IN AN APARTMENT STYLE BUILDING. AUXILIARY SERVICES ALSO INCLUDES CAMPUS SERVICES OFFERED IN SUPPORT OF EDUCATIONAL ACTIVITIES TO STUDENTS, FACULTY AND STAFF SUCH AS THE BOOKSTORE AND CAFETERIA.
Expenses $11,876,430 · Revenue $22,710,085
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Br Daniel GardnerBR DANIEL GARDNER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 40
-
Stephen SqueriSTEPHEN SQUERI
TRUSTEE, CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Thomas D O'MalleyTHOMAS D O'MALLEY
TRUSTEE, CHAIR THRU APR 2023
- Total calculated
- $0
- Hours/week
- 1
-
William DooleyWILLIAM DOOLEY
TRUSTEE, CHAIR THRU AUG 2022
- Total calculated
- $0
- Hours/week
- 1
-
Br Frank G ByrneBR FRANK G BYRNE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Rosanne Thomas MatzatROSANNE THOMAS MATZAT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Anne AvellaMARY ANNE AVELLA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth BouyerKENNETH BOUYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patrick BoylePATRICK BOYLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gerard CaccappoloGERARD CACCAPPOLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John DesmaraisJOHN DESMARAIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Thomas D FarrellDR THOMAS D FARRELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Terence GaffneyTERENCE GAFFNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Br Jose Francisco FloresBR JOSE FRANCISCO FLORES
GAMIO TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Noreen KrallNOREEN KRALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas KusterTHOMAS KUSTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Br William MannBR WILLIAM MANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fredric MarroFREDRIC MARRO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lynn MartinLYNN MARTIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John McAvoyJOHN MCAVOY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Marybeth McCallDR MARYBETH MCCALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas MeloroTHOMAS MELORO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Br Ernest MillerBR ERNEST MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maryann MillerMARYANN MILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jose MinayaJOSE MINAYA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James S MotherwayJAMES S MOTHERWAY
TRUSTEE THRU FEB 2023
- Total calculated
- $0
- Hours/week
- 1
-
Dr Milo RiversoDR MILO RIVERSO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony ScalaANTHONY SCALA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas ScarangelloTHOMAS SCARANGELLO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Br Robert Smith FscBR ROBERT SMITH FSC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Thomas MaurielloTHOMAS MAURIELLO
VICE PRESIDENT, ASSISTANT TREASURER
- Total calculated
- $520,327
- From this org
- $364,313
- From related orgs
- $0
- Other
- $156,014
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $314,313
- Bonus
- $50,000
- Other
- $0
- Deferred
- $20,145
- Nontaxable benefits
- $135,869
- Filer's total
- $520,327
-
Matthew McMannessMATTHEW MCMANNESS
VICE PRESIDENT FINANCE, TREASURER
- Total calculated
- $509,789
- From this org
- $440,576
- From related orgs
- $0
- Other
- $69,213
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $423,454
- Bonus
- $0
- Other
- $17,122
- Deferred
- $26,744
- Nontaxable benefits
- $42,469
- Filer's total
- $509,789
-
Dennis Lonergan Avp FinanceDENNIS LONERGAN AVP FINANCE
AND CONTROLLER, ASSISTANT TREASURER
- Total calculated
- $267,676
- From this org
- $223,099
- From related orgs
- $0
- Other
- $44,577
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $223,099
- Bonus
- $0
- Other
- $0
- Deferred
- $13,280
- Nontaxable benefits
- $31,297
- Filer's total
- $267,676
-
Barbara FabeBARBARA FABE
VP HUMAN RESOURCES, SECRETARY
- Total calculated
- $242,062
- From this org
- $206,415
- From related orgs
- $0
- Other
- $35,647
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,415
- Bonus
- $0
- Other
- $0
- Deferred
- $14,010
- Nontaxable benefits
- $21,637
- Filer's total
- $242,062
-
William ClydeWILLIAM CLYDE
PROVOST
- Total calculated
- $364,826
- From this org
- $301,327
- From related orgs
- $0
- Other
- $63,499
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $301,327
- Bonus
- $0
- Other
- $0
- Deferred
- $20,971
- Nontaxable benefits
- $42,528
- Filer's total
- $364,826
-
Stephen Masiello Head CoachSTEPHEN MASIELLO HEAD COACH
MEN'S BASKETBALL THRU OCT 2022
- Total calculated
- $503,542
- From this org
- $439,979
- From related orgs
- $0
- Other
- $63,563
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $326,979
- Bonus
- $100,000
- Other
- $13,000
- Deferred
- $20,899
- Nontaxable benefits
- $42,664
- Filer's total
- $503,542
-
Stephen Schreiner ProfessorSTEPHEN SCHREINER PROFESSOR
OF ELECTRICAL & COMPUTER ENGINEERING
- Total calculated
- $429,721
- From this org
- $314,946
- From related orgs
- $0
- Other
- $114,775
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $314,946
- Bonus
- $0
- Other
- $0
- Deferred
- $20,312
- Nontaxable benefits
- $94,463
- Filer's total
- $429,721
-
Donald GibsonDONALD GIBSON
DEAN
- Total calculated
- $315,320
- From this org
- $256,406
- From related orgs
- $0
- Other
- $58,914
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $256,406
- Bonus
- $0
- Other
- $0
- Deferred
- $16,516
- Nontaxable benefits
- $42,398
- Filer's total
- $315,320
-
Colette Geary Vp EnrollmentCOLETTE GEARY VP ENROLLMENT
MANAGEMENT THRU JAN 2023
- Total calculated
- $301,145
- From this org
- $239,381
- From related orgs
- $0
- Other
- $61,764
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,381
- Bonus
- $0
- Other
- $0
- Deferred
- $26,221
- Nontaxable benefits
- $35,543
- Filer's total
- $301,145
-
Timothy WardTIMOTHY WARD
DEAN
- Total calculated
- $294,120
- From this org
- $274,033
- From related orgs
- $0
- Other
- $20,087
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $272,533
- Bonus
- $0
- Other
- $1,500
- Deferred
- $17,076
- Nontaxable benefits
- $3,011
- Filer's total
- $294,120
-
Dr Brennan O'DonnellDR BRENNAN O'DONNELL
PRESIDENT EMERITUS
- Total calculated
- $834,619
- From this org
- $725,080
- From related orgs
- $0
- Other
- $109,539
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $467,531
- Bonus
- $0
- Other
- $257,549
- Deferred
- $81,092
- Nontaxable benefits
- $28,447
- Filer's total
- $834,619
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 · Tax indemnification and gross-up payments
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THOMAS MAURIELLO RECEIVED A $50,000 DISCRETIONARY BONUS FROM THE COLLEGE AS REPORTED IN PART II, COLUMN B(II).
- SCHEDULE J, PART I, LINE 4B
- DR. BRENNAN O'DONNELL PARTICIPATED AND RECEIVED A DISTRIBUTION FROM A 457F PLAN AS REPORTED IN PART II, COLUMN B(III).
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349308649
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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