Form 990 for tax year 2024
Filed by CANISIUS UNIVERSITY OF BUFFALO NEW YORK.
Totals
- Total revenue
- $110,653,916
- Total expenses
- $109,872,092
- Contributions and grants received
- $16,783,074
- Grants paid
- $33,060,254
- Program service revenue
- $83,558,837
- Investment income
- $2,992,957
- Other revenue
- $7,319,048
- Total assets, end of year
- $284,356,376
- Total liabilities, end of year
- $57,721,902
- Net assets or fund balances, end of year
- $226,634,474
- Program services expenses (Part IX)
- $91,470,696
- Management and general expenses
- $15,928,579
- Fundraising expenses
- $2,472,817
- Program service expenses (Part III)
- $91,470,696
Program services were 83.3% 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
$11,585
-
1e · Government grants (contributions)
$3,007,412
-
1f · All other contributions, gifts and grants
$13,764,077
-
1g · Noncash contributions included above
$1,621,403
-
2a · Program service revenue: TUITION AND FEES
total $71,503,897 · related or exempt $71,503,897
-
2b · Program service revenue: RESIDENCE HALL - RM & BO
total $9,722,379 · related or exempt $9,722,379
-
2c · Program service revenue: FOOD SERVICE/ATHLETICS/BOOKSTORE
total $2,332,561 · related or exempt $2,045,046 · unrelated business $287,515
-
3 · Investment income
total $470,817 · excluded $470,817
-
6a · Gross rents
real property $87,260
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $87,260
-
6d · Net rental income or loss
total $87,260 · excluded $87,260
-
7a · Gross sales of assets other than inventory
securities $36,649,346
-
7b · Less cost or other basis and sales expenses
securities $34,127,206
-
7c · Gain or loss
securities $2,522,140
-
7d · Net gain or loss
total $2,522,140 · excluded $2,522,140
-
8a · Fundraising events: gross income
$34,315
-
8a · Fundraising events: contributions included on line 1c
$11,585
-
8b · Fundraising events: direct expenses
$34,315
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: NET PROCEEDS FROM INSURANCE CLAIM
total $5,882,183 · excluded $5,882,183
-
11b · Other revenue: OTHER INCOME
total $1,349,605 · related or exempt $1,349,605
-
11e · Other revenue, total
$7,231,788
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $33,060,254 · program services $33,060,254
-
5 · Compensation of officers, directors and key employees
total $1,370,354 · program services $337,243 · management and general $914,053 · fundraising $119,058
-
7 · Other salaries and wages
total $26,795,118 · program services $20,690,923 · management and general $5,172,731 · fundraising $931,464
-
8 · Pension plan contributions
total $814,262 · program services $626,702 · management and general $156,676 · fundraising $30,884
-
9 · Other employee benefits
total $4,871,220 · program services $3,653,415 · management and general $1,022,956 · fundraising $194,849
-
10 · Payroll taxes
total $2,107,603 · program services $1,601,778 · management and general $442,597 · fundraising $63,228
-
11b · Fees: legal
total $257,041 · management and general $257,041
-
11c · Fees: accounting
total $108,804 · management and general $108,804
-
11g · Fees: other
total $3,440,040 · program services $1,312,937 · management and general $1,745,731 · fundraising $381,372
-
12 · Advertising and promotion
total $1,404,357 · program services $1,330,146 · management and general $46,124 · fundraising $28,087
-
13 · Office expenses
total $542,015 · program services $426,730 · management and general $104,445 · fundraising $10,840
-
14 · Information technology
total $66,300 · management and general $66,300
-
17 · Travel
total $804,433 · program services $675,459 · management and general $112,885 · fundraising $16,089
-
20 · Interest
total $1,904,493 · program services $1,618,819 · management and general $247,584 · fundraising $38,090
-
22 · Depreciation, depletion and amortization
total $6,210,522 · program services $5,278,944 · management and general $807,368 · fundraising $124,210
-
23 · Insurance
total $1,214,286 · program services $844,088 · management and general $345,912 · fundraising $24,286
-
24a · Other expenses: ACADEMIC SUPPORT
total $10,168,831 · program services $10,168,831
-
24b · Other expenses: MISCELLANEOUS
total $6,637,874 · program services $6,304,205 · management and general $333,669
-
24c · Other expenses: INSTRUCTION
total $3,540,222 · program services $3,540,222
-
24d · Other expenses: INSTITUTIONAL SUPPORT
total $3,375,788 · management and general $2,865,428 · fundraising $510,360
-
24e · All other expenses
total $1,178,275 · management and general $1,178,275
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $21,591,855 · end of year $24,348,250
-
2 · Savings and temporary cash investments
beginning of year $1,473,421 · end of year $7,598,709
-
3 · Pledges and grants receivable
beginning of year $4,836,479 · end of year $6,224,433
-
4 · Accounts receivable
beginning of year $4,286,940 · end of year $3,924,020
-
10a · Land, buildings and equipment: cost or other basis
$260,418,732
-
10b · Land, buildings and equipment: accumulated depreciation
$172,490,061
-
10c · Land, buildings and equipment, net
beginning of year $90,844,295 · end of year $87,928,671
-
11 · Investments: publicly traded securities
beginning of year $24,540,166 · end of year $27,350,656
-
12 · Investments: other securities
beginning of year $123,547,353 · end of year $120,369,297
-
15 · Other assets
beginning of year $7,669,147 · end of year $6,612,340
-
17 · Accounts payable and accrued expenses
beginning of year $8,391,286 · end of year $7,897,389
-
19 · Deferred revenue
beginning of year $6,315,172 · end of year $4,955,241
-
20 · Tax-exempt bond liabilities
beginning of year $40,620,690 · end of year $38,523,020
-
23 · Secured mortgages and notes payable
beginning of year $180,619 · end of year $155,900
-
25 · Other liabilities
beginning of year $6,546,664 · end of year $6,190,352
-
27 · Net assets without donor restrictions
beginning of year $69,623,873 · end of year $69,367,301
-
28 · Net assets with donor restrictions
beginning of year $147,111,352 · end of year $157,267,173
Mission and programs · 2024
Mission
CANISIUS UNIVERSITY IS A PRIVATE, INDEPENDENT ROMAN CATHOLIC UNIVERSITY, GOVERNED BY AN INDEPENDENT SELF PERPETUATING BOARD OF TRUSTEES UNDER A CHARTER GRANTED BY THE BOARD OF TRUSTEES OF THE UNIVERSITY OF THE STATE OF NEW YORK. ESTABLISHED AS A LIBERAL ARTS COLLEGE, THE UNIVERSITY HAS GROWN TO INCLUDE A GRADUATE DIVISION, A SCHOOL OF BUSINESS ADMINISTRATION, A SCHOOL OF EDUCATION AND HUMAN SERVICES, AND A SUMMER SESSION IN ADDITION TO THE COLLEGE OF ARTS AND SCIENCES.
-
EDUCATION/INSTRUCTION - PROVIDE EDUCATION TO 2,451 STUDENTS IN THE FALL AND 2,338 STUDENTS IN THE SPRING SEMESTERS.
Expenses $61,520,643 · Grants $33,060,254 · Revenue $69,507,613
-
STUDENT SERVICES - PROVIDE THE NECESSARY SERVICES REQUIRED BY THE STUDENTS ENROLLED IN THE PROGRAMS.
Expenses $22,269,583 · Revenue $5,829,933
-
RESIDENCE HALLS - PROVIDE ROOM AND BOARD TO ALL RESIDENT STUDENTS AND THOSE STUDENTS WITH MEAL PLANS.
Expenses $7,680,470 · Revenue $9,283,381
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
BRIAN M MURPHY
TRUSTEE - CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
CINDY L ODOM
TRUSTEE - VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
NANCY W WARE
TRUSTEE-EMERITUS (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
CATHERINE A BOLZ
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
CRYSTAL RODRIGUEZ-DABNEY ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JERRY G CANADA JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTOPHER P DEVINE
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
NELSON D CIVELLO
TRUSTEE - EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
NORA E EBERL PLIZGA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
EILEEN CROTTY SENDOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JOYSON C THOMAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRISTOPHER F MALOF
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
JACK J DEMPSEY JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JAMES R DEUSCHLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
REV JASON DOWNER SJ
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5
-
HON LENORA FOOTE-BEAVERS
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
FRANCIS M LAZARUS
TRUSTEE - EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
LT COL JAMES E MCNICHOLAS JR
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
MARTIN J BERARDI
TRUSTEE - CHAIR (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
REV GERALD THOMAS KRETTEK SJ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARGARET W PAROSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
REV PATRICK D ROGERS SJ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARYA J PROPIS
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
VINCENT GILBERT ROUX
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ANTHONY F SHELLEY
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
JESANA D GADLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
REV THOMAS R SLON SJ
TRUSTEE (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
TIMOTHY T TEVENS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
LAURA A ZAEPFEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHAEL J TODARO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
CYNTHIA L SKRZYCKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ANTHONY B SPADA JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
THOMAS G SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
LAUREN LEAVY
EX-OFFICIO (TERM ENDED 6/30/24)
- Total calculated
- $0
- Hours/week
- 0.5
-
ANTHONY B HABIB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
REV DANIEL RJ JOYCE SJ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
JARRETT ZIELINSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
WILLIAM A LORENZ ESQ
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 0.5
-
STEVE K STOUTE
PRESIDENT
- Total calculated
- $499,173
- From this org
- $451,614
- From related orgs
- $0
- Other
- $47,559
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $369,317
- Bonus
- $0
- Other
- $82,297
- Deferred
- $0
- Nontaxable benefits
- $47,559
- Filer's total
- $499,173
-
LAWRENCE POTTER JR THRU 125
VP - ACADEMIC AFFAIRS
- Total calculated
- $46,450
- From this org
- $36,015
- From related orgs
- $0
- Other
- $10,435
- Hours/week
- 40
-
ROBERT L BAUMET
VP - BUSINESS/FINANCE
- Total calculated
- $117,452
- From this org
- $105,669
- From related orgs
- $0
- Other
- $11,783
- Hours/week
- 40
-
DR DANIELLE IANNI
VP - ENROLLMENT MANAGEMENT
- Total calculated
- $175,683
- From this org
- $167,905
- From related orgs
- $0
- Other
- $7,778
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,565
- Bonus
- $0
- Other
- $340
- Deferred
- $0
- Nontaxable benefits
- $7,778
- Filer's total
- $175,683
-
SANDRA ESTANEK THRU 924
VP MISSION & IDENTITY
- Total calculated
- $26,632
- From this org
- $26,632
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
WILLIAM J MAHER
VP ATHLETICS & RECREATION
- Total calculated
- $175,976
- From this org
- $155,457
- From related orgs
- $0
- Other
- $20,519
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,337
- Bonus
- $0
- Other
- $1,120
- Deferred
- $0
- Nontaxable benefits
- $20,519
- Filer's total
- $175,976
-
HAROLD FIELDS
VP - STUDENT AFFAIRS
- Total calculated
- $166,119
- From this org
- $145,771
- From related orgs
- $0
- Other
- $20,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,551
- Bonus
- $0
- Other
- $220
- Deferred
- $0
- Nontaxable benefits
- $20,348
- Filer's total
- $166,119
-
DIANNA CIVELLO
VP INSTITUTIONAL ADVANCEMENT
- Total calculated
- $122,384
- From this org
- $119,058
- From related orgs
- $0
- Other
- $3,326
- Hours/week
- 40
-
CECELIA GOTHAM
CHIEF OF STAFF TO PRESIDENT
- Total calculated
- $102,581
- From this org
- $94,449
- From related orgs
- $0
- Other
- $8,132
- Hours/week
- 40
-
SPENCER LIECHTY
ASSISTANT VP - MISSION INTERGRATION
- Total calculated
- $75,131
- From this org
- $67,784
- From related orgs
- $0
- Other
- $7,347
- Hours/week
- 40
-
DR IAN J REDPATH
PROFESSOR - ACCOUNTING
- Total calculated
- $181,858
- From this org
- $165,868
- From related orgs
- $0
- Other
- $15,990
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,868
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $15,990
- Filer's total
- $181,858
-
DR JOSEPH O'DONNELL
PROFESSOR - ACCOUNTING
- Total calculated
- $180,609
- From this org
- $172,509
- From related orgs
- $0
- Other
- $8,100
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,509
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,100
- Filer's total
- $180,609
-
DR JAMES GOLDSTEIN
PROFESSOR - ACCOUNTING
- Total calculated
- $186,455
- From this org
- $167,095
- From related orgs
- $0
- Other
- $19,360
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,095
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $19,360
- Filer's total
- $186,455
-
TREVOR LARGE
MEN'S HOCKEY COACH
- Total calculated
- $181,164
- From this org
- $162,246
- From related orgs
- $0
- Other
- $18,918
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,622
- Bonus
- $0
- Other
- $6,624
- Deferred
- $0
- Nontaxable benefits
- $18,918
- Filer's total
- $181,164
-
JAMES CHRISTIAN
MEN'S BASKETBALL COACH
- Total calculated
- $206,956
- From this org
- $194,640
- From related orgs
- $0
- Other
- $12,316
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $194,640
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $12,316
- Filer's total
- $206,956
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
- 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 · Written employment contract
- 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 1, LINE 1A:
- THE UNIVERSITY PAID FOR HEALTH AND SOCIAL CLUB DUES OR COUNTRY CLUB DUES FOR TWO OF THE OFFICERS/HIGHEST COMPENSATED EMPLOYEES LISTED IN PART VII. THE UNIVERSITY PROVIDED A HOUSING ALLOWANCE FOR AN OFFICER LISTED IN PART VII. CANISIUS WILL ONLY REIMBURSE A BUSINESS EXPENSE WHEN ALL THREE OF THE FOLLOWING IRS REQUIREMENTS ARE MET: 1) THE EXPENSE MUST HAVE BUSINESS CONNECTION (I.E., THE EXPENSES MUST BE INCURRED WHILE PERFORMING SERVICES ON BEHALF OF THE UNIVERSITY), 2) THE EXPENSES MUST BE ADEQUATELY SUBSTANTIATED BY THE EMPLOYEE WITHIN A REASONABLE PERIOD OF TIME; AND 3) THE EMPLOYEE MUST RETURN ANY EXCESS REIMBURSEMENT OF ALLOWANCE WITHIN A REASONABLE PERIOD OF TIME. A PORTION OF THESE DUES WERE TAXABLE BASED ON THE PERCENTAGE OF NON-BUSINESS TO BUSINESS USE FOR EACH EMPLOYEE. THE UNIVERSITY "GROSSED UP" THE APPLICABLE NON-BUSINESS EXPENSES AND INCLUDED IN THE EMPLOYEES' W-2 AS ADDITIONAL TAXABLE COMPENSATION.
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
- 2024
- Filed
- 25 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202620579349301237
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