SAINT ELIZABETH UNIVERSITY Charity Report

Public IRS 990 nonprofit record

SAINT ELIZABETH UNIVERSITY

EIN 22-1529785 · Education (B420)

What they do

The Mission of The Saint Elizabeth University, Sponsored By The Sisters of Charity, is to Be A Community of Learning In The Catholic Liberal Arts Tradition for Students of Diverse Ages, Backgrounds, and Cultures. Through The Vision and Core Values of Elizabeth Ann Seton, Vincent DePaul, and Louise De Marillac and Rooted In Gospel Values and In Catholic Social Teaching, The Saint Elizabeth University Affirms Its Solidarity With The Poor and Its Commitment In Service to The Community.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

85.58%of revenue went to mission work79.8% of expenses · Program services

2.29%of revenue went to fundraising2.1% of expenses

$113.56spent for every $100 of revenueSpending was higher than revenue this year.

19.36%of revenue went to management and office costs18.1% of expenses

$1.41in assets for every $1 spent this yearSome assets cannot be spent right away.

12.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $5,246,290 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $356,594 for GARY CROSBY (PRESIDENT AND TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$40,971,752

Mission workProgram services$35,065,21985.58% of revenue79.8% of expenses

ManagementOffice and general costs$7,934,14419.36% of revenue18.1% of expenses

FundraisingAsking for donations$939,5122.29% of revenue2.1% of expenses

Total expenses$43,938,875107.24% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 79.8% mission · 18.1% management · 2.1% fundraisingTotal expenses: 107.24% of revenue

2022Expense mix: 80.5% mission · 17.1% management · 2.3% fundraisingTotal expenses: 107.27% of revenue

2021Expense mix: 79.4% mission · 18.5% management · 2.1% fundraisingTotal expenses: 96.71% of revenue

2020Expense mix: 78.9% mission · 19.1% management · 2.1% fundraisingTotal expenses: 92.53% of revenue

2018Expense mix: 82.2% mission · 17.8% management · 0.0% fundraisingTotal expenses: 104.30% of revenue

2017Expense mix: 78.2% mission · 20.3% management · 1.5% fundraisingTotal expenses: 80.83% of revenue

2016Expense mix: 78.3% mission · 20.1% management · 1.6% fundraisingTotal expenses: 102.77% of revenue

2015Expense mix: 81.9% mission · 15.7% management · 2.4% fundraisingTotal expenses: 100.67% of revenue

Money in and money out

Revenue$38,692,585

Expenses$43,938,875

Annual shortfall $5,246,290 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$35,065,219 · 79.8% of expenses

Management and office costs$7,934,144 · 18.1% of expenses

Fundraising$939,512 · 2.1% of expenses

See all reported dollar amounts

Revenue$38,692,585

Expenses$43,938,875

Assets$61,884,131

Income$53,905,140

Contributions$4,782,177

Mission work (program services)$35,065,219

Fundraising$939,512

Management and general$7,934,144

Executive compensation (total)$534,571

Stocks and bonds$17,198,185

Accounting fees$141,439

Investing fees$164,723

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GARY CROSBYPRESIDENT AND TREASURER · 40 hrs/week $356,594Base $300,940 · Other $55,654

ANNE BARTLETTVP ACADEMIC AFFAIRS · 40 hrs/week $217,425Base $187,167 · Other $30,258

AARON ASKACHIEF OPERATING AND FINANCE OFFICER · 40 hrs/week $200,158Base $200,129 · Other $29

JEFFREY GUTKINCHIEF INFORMATION & INNOVATION OFFICER · 40 hrs/week $153,222Base $149,347 · Other $3,875

MEDEA VALDEZPHYSICIAN ASSISTANT PROGRAM DIRECTOR · 40 hrs/week $125,444Base $116,607 · Other $8,837

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

GARY CROSBYPRESIDENT AND TREASURER

ANNE BARTLETTVP ACADEMIC AFFAIRS

AARON ASKACHIEF OPERATING AND FINANCE OFFICER

JEFFREY GUTKINCHIEF INFORMATION & INNOVATION OFFICER

MEDEA VALDEZPHYSICIAN ASSISTANT PROGRAM DIRECTOR

SOOK MAY ONGTRUSTEE

SISTER PATRICIA A MENNOR SCTRUSTEE

SISTER MAUREEN DUNNETRUSTEE

SISTER CECILIA MCMANUS SCTRUSTEE

SCOTT LEIGHTYTRUSTEE

REVEREND ALTON CRAIG DUNNTRUSTEE

RAYMOND G KUNZTRUSTEE

RACHELLE BINNTRUSTEE

PERRY JONESTRUSTEE

NIKKI SUMPTERTRUSTEE

MICHAEL J MCGOVERNSEU BOARD OF TRUSTEES CHAIR

MARCIA Y CANTARELLATRUSTEE

MARC PHILIPPE DROUETTRUSTEE

LOIS MANCUSOTRUSTEE

LAURENCE FULTONTRUSTEE

IRENA MOORETRUSTEE

GAILON MCGOWENTRUSTEE

FATHER ROBERT MEYERTRUSTEE

DONNA B MCNAMARATRUSTEE

DAVID M DALYTRUSTEE

CRAIG LATHROPTRUSTEE

About this charity

Recognized since: January 1946
Location: 2 CONVENT RD, MORRISTOWN, NJ 07960-6923
County: Morris
In care of: % ANTHONY COLABRARO
Primary officer: Dr Gary Crosby, President & Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(973) 290-4000

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990
Tax preparer: CRI CAPIN CROUSE ADVISORS LLC
NTEE classification: Education (B420)
IRS tax category: Colleges, Universities, and Professional Schools