Totals
- Total revenue
- $64,312,260
- Total expenses
- $72,681,621
- Contributions and grants received
- $8,216,138
- Grants paid
- $23,163,018
- Program service revenue
- $52,816,539
- Investment income
- $2,415,308
- Other revenue
- $864,275
- Total assets, end of year
- $107,534,814
- Total liabilities, end of year
- $53,566,187
- Net assets or fund balances, end of year
- $53,968,627
- Program services expenses (Part IX)
- $52,756,873
- Management and general expenses
- $18,617,592
- Fundraising expenses
- $1,307,156
- Program service expenses (Part III)
- $52,756,873
Program services were 72.6% 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
$61,756
-
1e · Government grants (contributions)
$4,562,619
-
1f · All other contributions, gifts and grants
$3,591,763
-
2a · Program service revenue: TUITION AND FEES
total $43,930,519 · related or exempt $43,930,519
-
2b · Program service revenue: ROOM AND BOARD
total $8,474,177 · related or exempt $8,474,177
-
2c · Program service revenue: CHILDREN'S SCHOOL TUITION
total $357,933 · related or exempt $357,933
-
2d · Program service revenue: DIXON ATHLETIC CENTER
total $31,119 · related or exempt $31,119
-
2e · Program service revenue: BOOKSTORE
total $22,791 · related or exempt $22,791
-
3 · Investment income
total $685,328 · excluded $685,328
-
6a · Gross rents
real property $260,351 · personal property $55,428
-
6b · Less rental expenses
real property $136,445 · personal property $29,049
-
6c · Rental income or loss
real property $123,906 · personal property $26,379
-
6d · Net rental income or loss
total $150,285 · unrelated business $26,379 · excluded $123,906
-
7a · Gross sales of assets other than inventory
securities $12,965,873
-
7b · Less cost or other basis and sales expenses
securities $11,235,893
-
7c · Gain or loss
securities $1,729,980
-
7d · Net gain or loss
total $1,729,980 · excluded $1,729,980
-
8a · Fundraising events: gross income
$16,770
-
8a · Fundraising events: contributions included on line 1c
$61,756
-
8b · Fundraising events: direct expenses
$36,772
-
8c · Net income from fundraising events
total -$20,002 · excluded -$20,002
-
11a · Other revenue: REBATES
total $4,966 · excluded $4,966
-
11d · All other revenue
total $729,026 · unrelated business $4,776 · excluded $724,250
-
11e · Other revenue, total
$733,992
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $23,163,018 · program services $23,163,018
-
5 · Compensation of officers, directors and key employees
total $961,260 · management and general $961,260
-
7 · Other salaries and wages
total $16,479,907 · program services $11,652,690 · management and general $4,278,489 · fundraising $548,728
-
8 · Pension plan contributions
total $788,519 · program services $557,550 · management and general $204,714 · fundraising $26,255
-
9 · Other employee benefits
total $2,471,823 · program services $1,905,885 · management and general $448,755 · fundraising $117,183
-
10 · Payroll taxes
total $1,199,156 · program services $847,905 · management and general $311,323 · fundraising $39,928
-
11b · Fees: legal
total $304,488 · program services $652 · management and general $303,836
-
11c · Fees: accounting
total $215,834 · management and general $215,834
-
11d · Fees: lobbying
total $1,116 · management and general $1,116
-
11e · Fees: professional fundraising services
total $21,250 · fundraising $21,250
-
11f · Fees: investment management
total $38,834 · management and general $38,834
-
11g · Fees: other
total $4,939,891 · program services $2,445,644 · management and general $2,412,136 · fundraising $82,111
-
12 · Advertising and promotion
total $641,164 · management and general $641,164
-
13 · Office expenses
total $1,329,860 · program services $878,909 · management and general $372,451 · fundraising $78,500
-
14 · Information technology
total $3,382,742 · program services $303,340 · management and general $3,041,306 · fundraising $38,096
-
16 · Occupancy
total $1,946,826 · program services $1,473,748 · management and general $442,018 · fundraising $31,060
-
17 · Travel
total $762,185 · program services $626,425 · management and general $114,567 · fundraising $21,193
-
19 · Conferences, conventions and meetings
total $192,314 · program services $105,945 · management and general $72,843 · fundraising $13,526
-
20 · Interest
total $2,193,950 · program services $1,646,122 · management and general $511,881 · fundraising $35,947
-
22 · Depreciation, depletion and amortization
total $4,904,660 · program services $3,679,970 · management and general $1,144,330 · fundraising $80,360
-
23 · Insurance
total $731,827 · management and general $731,827
-
24a · Other expenses: FOOD SERVICES
total $2,726,529 · program services $2,726,529
-
24b · Other expenses: BAD DEBT WRITE-OFFS
total $2,198,230 · management and general $2,198,230
-
24c · Other expenses: EVENTS AND PROGRAMS
total $390,158 · program services $330,823 · management and general $37,227 · fundraising $22,108
-
24d · Other expenses: RESIDENT ASSISTANTS
total $288,284 · program services $288,284
-
24e · All other expenses
total $407,796 · program services $123,434 · management and general $133,451 · fundraising $150,911
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $51,478 · end of year $988,670
-
2 · Savings and temporary cash investments
beginning of year $4,830,324 · end of year $3,990,793
-
3 · Pledges and grants receivable
beginning of year $714,748
-
4 · Accounts receivable
beginning of year $3,436,789 · end of year $4,072,781
-
8 · Inventories for sale or use
beginning of year $95,135 · end of year $95,304
-
9 · Prepaid expenses and deferred charges
beginning of year $660,746 · end of year $381,633
-
10a · Land, buildings and equipment: cost or other basis
$152,626,428
-
10b · Land, buildings and equipment: accumulated depreciation
$84,412,695
-
10c · Land, buildings and equipment, net
beginning of year $72,737,964 · end of year $68,213,733
-
11 · Investments: publicly traded securities
beginning of year $33,515,738 · end of year $27,439,382
-
13 · Investments: program-related
beginning of year $516,530 · end of year $219,891
-
15 · Other assets
beginning of year $2,107,909 · end of year $2,132,627
-
17 · Accounts payable and accrued expenses
beginning of year $4,814,242 · end of year $3,768,797
-
19 · Deferred revenue
beginning of year $1,185,503 · end of year $715,773
-
20 · Tax-exempt bond liabilities
beginning of year $49,272,340 · end of year $48,149,278
-
25 · Other liabilities
beginning of year $1,225,321 · end of year $932,339
-
27 · Net assets without donor restrictions
beginning of year $41,825,705 · end of year $32,961,459
-
28 · Net assets with donor restrictions
beginning of year $20,344,250 · end of year $21,007,168
Mission and programs · 2022
Mission
SEE SCHEDULE O.EDUCATION OF THE HEART: CABRINI UNIVERSITY IS A CATHOLIC INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE, LEADERSHIP DEVELOPMENT, AND A COMMITMENT TO SOCIAL JUSTICE. THE UNIVERSITY WELCOMES LEARNERS OF ALL FAITHS, CULTURES AND BACKGROUNDS AND PREPARES THEM TO BECOME ENGAGED CITIZENS OF THE WORLD.
Activities or mission (Part I)
CATHOLIC INSTITUTION OF HIGHER EDUCATION DEDICATED TO ACADEMIC EXCELLENCE, LEADERSHIP DEVELOPMENT, AND A COMMITMENT TO SOCIAL JUSTICE.
-
INSTRUCTION:CABRINI OFFERS MORE THAN 50 ACADEMIC MAJORS AND MINORS TO UNDERGRADUATE STUDENTS. THE UNIVERSITY ALSO OFFERS GRADUATE, DOCTORAL, AND PROFESSIONAL PROGRAMS IN FACE-TO-FACE, ON-LINE, HYFLEX AND HYBRID MODALITIES. THE UNIVERSITY HAS BEEN A NATIONAL LEADER AMONG HIGHER EDUCATION INSTITUTIONS IN INTEGRATING WORK FOR SOCIAL JUSTICE INTO A COLLEGE EDUCATION.DURING THE 2022-23 ACADEMIC YEAR, CABRINI ENROLLED APPROXIMATELY 1,100 UNDERGRADUATE STUDENTS AND 400 GRADUATE STUDENTS. MORE THAN 350 STUDENTS EARNED BACHELORS AND MASTER'S DEGREES IN 2023. THE UNIVERSITY COUNTS MORE THAN 17,000 ALUMNI OF RECORD.
Expenses $36,738,912 · Grants $23,163,018 · Revenue $43,930,519
-
AUXILIARY ENTERPRISES:AUXILIARY SERVICES INCLUDE RESIDENCE LIFE, FOOD SERVICES AND RENTAL ACTIVITIES. THE UNIVERSITY HAD MORE THAN 600 FULL TIME UNDERGRADUATE RESIDENTS IN THE FALL 2022 SEMESTER.
Expenses $8,565,321 · Revenue $8,886,020
-
ACADEMIC SUPPORT AND STUDENT SERVICES:FOUNDED IN 1957 BY THE MISSIONARY SISTERS OF THE SACRED HEART OF JESUS (MSC) AS CABRINI COLLEGE, THE INSTITUTION BECAME CABRINI UNIVERSITY ON JULY 1, 2016. THE CHANGEOVER ALSO MARKED THE IMPLEMENTATION OF NEW ACADEMIC CENTERS FOR DEDICATED RESEARCH AND SCHOLARSHIP IN THE AREAS OF DOMESTIC VIOLENCE, IMMIGRATION, GLOBAL LEARNING, AND URBAN EDUCATION. A NEW CENTER FOR STUDENT SUCCESS WAS ALSO PUT IN PLACE TO BETTER SERVE AN INCREASINGLY DIVERSE STUDENT BODY. CABRINI OFFERS MORE THAN 50 STUDENT CLUBS AND ORGANIZATIONS IN ACADEMIC FIELDS, SPORTS, THE ARTS, INTERNATIONAL AND MULTICULTURAL ACTIVITIES, COMMUNITY SERVICE, STUDENT GOVERNMENT, PUBLICATIONS AND MEDIA, AND OTHER AREAS.(CONTINUED ON SCHEDULE O.)CABRINI IS A NCAA DIVISION III INSTITUTION THAT SPONSORS 19 VARSITY ATHLETIC PROGRAMS. CABRINI STUDENTS SECURE INTERNSHIP EXPERIENCES LOCALLY AND THROUGHOUT THE UNITED STATES AT MANY LEADING ORGANIZATIONS.
Expenses $7,452,640
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dr Donald TaylorDR DONALD TAYLOR
FORMER PRES. TO MAY 2022 (OFFICER)
- Total calculated
- $296,525
- From this org
- $222,543
- From related orgs
- $0
- Other
- $73,982
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $211,222
- Bonus
- $0
- Other
- $11,321
- Deferred
- $37,804
- Nontaxable benefits
- $36,178
- Filer's total
- $296,525
-
Brian EuryBRIAN EURY
VP COM/CHIEF OF STAFF TO DEC 2022
- Total calculated
- $235,657
- From this org
- $201,768
- From related orgs
- $0
- Other
- $33,889
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $201,768
- Bonus
- $0
- Other
- $0
- Deferred
- $13,300
- Nontaxable benefits
- $20,589
- Filer's total
- $235,657
-
Chioma UgochukwuCHIOMA UGOCHUKWU
VP ACAD AFFAIRS/PROVOST TO DEC 2022
- Total calculated
- $216,420
- From this org
- $194,530
- From related orgs
- $0
- Other
- $21,890
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $194,530
- Bonus
- $0
- Other
- $0
- Deferred
- $13,633
- Nontaxable benefits
- $8,257
- Filer's total
- $216,420
-
Helen DrinanHELEN DRINAN
INTERIM PRESIDENT
- Total calculated
- $205,750
- From this org
- $178,750
- From related orgs
- $0
- Other
- $27,000
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $171,895
- Bonus
- $0
- Other
- $6,855
- Deferred
- $0
- Nontaxable benefits
- $27,000
- Filer's total
- $205,750
-
Angela CampbellANGELA CAMPBELL
VP MISSION, DEI & BELONGING
- Total calculated
- $197,946
- From this org
- $175,707
- From related orgs
- $0
- Other
- $22,239
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $175,707
- Bonus
- $0
- Other
- $0
- Deferred
- $10,027
- Nontaxable benefits
- $12,212
- Filer's total
- $197,946
-
James CooperJAMES COOPER
VP FINANCE & ADMIN, TREASURER
- Total calculated
- $194,940
- From this org
- $174,525
- From related orgs
- $0
- Other
- $20,415
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $174,525
- Bonus
- $0
- Other
- $0
- Deferred
- $12,250
- Nontaxable benefits
- $8,165
- Filer's total
- $194,940
-
Stephen HighsmithSTEPHEN HIGHSMITH
VP INSTITUTIONAL ADV TO NOV 2022
- Total calculated
- $186,244
- From this org
- $178,036
- From related orgs
- $0
- Other
- $8,208
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $153,325
- Bonus
- $0
- Other
- $24,711
- Deferred
- $7,547
- Nontaxable benefits
- $661
- Filer's total
- $186,244
-
Timothy MantzTIMOTHY MANTZ
DEAN, SCHOOL OF BUS & PROF STUDIES
- Total calculated
- $162,160
- From this org
- $142,963
- From related orgs
- $0
- Other
- $19,197
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $142,963
- Bonus
- $0
- Other
- $0
- Deferred
- $9,870
- Nontaxable benefits
- $9,327
- Filer's total
- $162,160
-
Todd MatthewsTODD MATTHEWS
FACULTY, ORG. DEVELOPMENT
- Total calculated
- $160,809
- From this org
- $152,585
- From related orgs
- $0
- Other
- $8,224
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $152,585
- Bonus
- $0
- Other
- $0
- Deferred
- $7,747
- Nontaxable benefits
- $477
- Filer's total
- $160,809
-
Amy LambertAMY LAMBERT
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mary Beth SenkewiczMARY BETH SENKEWICZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Andrea KelliherANDREA KELLIHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
George Badey III EsqGEORGE BADEY III ESQ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andrew BradyANDREW BRADY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sister Catherine Garry MscSISTER CATHERINE GARRY MSC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Hernan GuaracaoHERNAN GUARACAO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael KazanjianMICHAEL KAZANJIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael KubackiMICHAEL KUBACKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sister Diane Olmstead MscSISTER DIANE OLMSTEAD MSC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sister Pietrina Racculgia MscSISTER PIETRINA RACCULGIA MSC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David RegnDAVID REGN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rachel SlaughterRACHEL SLAUGHTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sister Lucille Souza MscSISTER LUCILLE SOUZA MSC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric TidwellERIC TIDWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patrick J WardPATRICK J WARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Frank FoxFRANK FOX
TRUSTEE TO DEC 2022
- Total calculated
- $0
- Hours/week
- 1
-
James ThompsonJAMES THOMPSON
TRUSTEE TO OCT 2022
- Total calculated
- $0
- Hours/week
- 1
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 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 8 · Paid under the initial-contract exception
- 9 · Followed the rebuttable-presumption procedure
Answered no
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- HELEN DRINAN, INTERIM PRESIDENT - RESIDENCE FOR PERSONAL USE: THE UNIVERSITY REQUIRES ITS INTERIM PRESIDENT TO LIVE IN A RESIDENCE ON CAMPUS. THE RESIDENCE IS NOT TREATED AS TAXABLE COMPENSATION TO THE INTERIM PRESIDENT. THE ANNUAL VALUE OF THE RESIDENCE IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (D).
- PART I, LINES 4A-B
- FORM 990, SCHEDULE J, PART I, LINE 4A: STEPHEN HIGHSMITH, VP INSTITUTIONAL ADVANCEMENT, WAS PAID $17,811 IN 2022 UNDER A SEVERANCE AGREEMENT. THIS AMOUNT WAS REPORTED AS TAXABLE INCOME AND IS INCLUDED IN THE AMOUNT REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). FORM 990, SCHEDULE J, PART I, LINE 4B: DR. DONALD TAYLOR, FORMER PRESIDENT - SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PER EMPLOYMENT CONTRACT, THE UNIVERSITY CONTRIBUTED 10% OF BASE SALARY TO A 457(F) PLAN. IN CALENDAR YEAR 2022, A CONTRIBUTION OF $22,238 WAS MADE TO THE 457(F) PLAN. UPON HIS DEPARTURE FROM THE UNIVERSITY IN JUNE 2022, DR. TAYLOR FORFEITED HIS RIGHTS TO THE ACCUMULATED CONTRIBUTIONS MADE BY THE UNIVERSITY TO THE 457(F) PLAN.
- PART I, LINE 8
- HELEN DRINAN, INTERIM PRESIDENT, ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE UNIVERSITY ON MAY 6, 2022, EFFECTIVE JUNE 1, 2022 TO MAY 31, 2023. ON FEBRUARY 22, 2023, THIS AGREEMENT WAS EXTENDED TO ALLOW FOR TERMINATION AT ANY TIME BY EITHER PARTY WITH SIXTY (60) DAYS NOTICE IN WRITING TO THE OTHER PARTY, EFFECTIVE JUNE 1, 2023.
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
- 7 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401299349301230
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