THOMAS JEFFERSON UNIVERSITY Charity Report

Public IRS 990 nonprofit record

THOMAS JEFFERSON UNIVERSITY

EIN 23-1352651 · Education (B500)

What they do

THOMAS JEFFERSON UNIVERSITY ("TJU") is A COMPREHENSIVE UNIVERSITY WITH PREEMINENCE IN TRANSDISCIPLINARY, EXPERIENTIAL PROFESSIONAL EDUCATION, RESEARCH and DISCOVERY, DELIVERING EXCEPTIONAL VALUE for THE 21ST CENTURY STUDENTS WITH EXCELLENCE IN ARCHITECTURE, BUSINESS, DESIGN, FASHION, ENGINEERING, HEALTH, MEDICINE, SCIENCE and TEXTILES - INFUSED WITH THE LIBERAL ARTS. THE ORGANIZATION is THE TAX-EXEMPT PARENT ORGANIZATION of THOMAS JEFFERSON UNIVERSITY/JEFFERSON HEALTH; A COMPREHENSIVE PROFESSIONAL UNIVERSITY and TAX-EXEMPT INTEGRATED HEALTHCARE DELIVERY SYSTEM ("SYSTEM"), WITH A TRIPARTITE MISSION of EDUCATION, RESEARCH and PATIENT CARE. THE ORGANIZATION CONDUCTS RESEARCH and OFFERS UNDERGRADUATE and GRADUATE INSTRUCTION THROUGH THE SIDNEY KIMMEL MEDICAL COLLEGE and THE JEFFERSON COLLEGES of NURSING, PHARMACY, HEALTH PROFESSIONS, POPULATION HEALTH, and BIOMEDICAL SCIENCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.30 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 2024The charity has a recent tax report to read.

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

They name their leaders40 people are listed in the latest report.

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

Money made simple

93.50%of revenue went to mission work96.3% of expenses · Program services

0.05%of revenue went to fundraising0.1% of expenses

$97.12spent for every $100 of revenueRevenue covered expenses this year.

3.57%of revenue went to management and office costs3.7% of expenses

$4.28in assets for every $1 spent this yearSome assets cannot be spent right away.

13.2%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.

Pay context: The highest compensation shown in this filing is $7,010,762 for JOSEPH G CACCHIONEMDFACC (TRUSTEE - CEO TJU/JEFF HEALTH). 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 2024

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$1,581,285,779

Mission workProgram services$1,478,547,67793.50% of revenue96.3% of expenses

ManagementOffice and general costs$56,408,1973.57% of revenue3.7% of expenses

FundraisingAsking for donations$809,8870.05% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$45,520,0182.88% of revenueShown in gray on the chart

Total expenses$1,535,765,76197.12% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 96.3% mission · 3.7% management · 0.1% fundraisingTotal expenses: 97.12% of revenue

2023Expense mix: 96.6% mission · 3.3% management · 0.1% fundraisingTotal expenses: 103.49% of revenue

2022Expense mix: 97.4% mission · 2.6% management · 0.1% fundraisingTotal expenses: 99.00% of revenue

2021Expense mix: 96.1% mission · 3.1% management · 0.7% fundraisingTotal expenses: 99.20% of revenue

2020Expense mix: 96.1% mission · 3.0% management · 0.9% fundraisingTotal expenses: 96.42% of revenue

2019Expense mix: 95.5% mission · 3.0% management · 1.4% fundraisingTotal expenses: 101.09% of revenue

2018Expense mix: 87.4% mission · 11.5% management · 1.1% fundraisingTotal expenses: 97.78% of revenue

2017Expense mix: 89.3% mission · 9.6% management · 1.2% fundraisingTotal expenses: 97.30% of revenue

Money in and money out

Revenue$1,581,285,779

Expenses$1,535,765,761

Annual surplus $45,520,018 Revenue was higher than expenses 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)$1,478,547,677 · 96.3% of expenses

Management and office costs$56,408,197 · 3.7% of expenses

Fundraising$809,887 · 0.1% of expenses

See all reported dollar amounts

Revenue$1,581,285,779

Expenses$1,535,765,761

Assets$6,568,663,239

Income$1,584,285,511

Contributions$208,616,937

Mission work (program services)$1,478,547,677

Fundraising$809,887

Grants given$75,230,201

Average grant$135,063

Management and general$56,408,197

Accounting fees$2,839,749

Investing fees$14,512,568

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

JOSEPH G CACCHIONEMDFACCTRUSTEE - CEO TJU/JEFF HEALTH · 60 hrs/week $7,010,762Base $6,932,295 · Other $78,467

BALIGH R YEHIAMDMPPMSCPRESIDENT JEFFERSON HEALTH · 55 hrs/week $3,720,349Base $3,159,075 · Other $561,274

JOHN P MORDACHTREAS. - EVP/CFO (TERM 2/2025) · 60 hrs/week $2,905,617Base $2,830,350 · Other $75,267

BRUCE A MEYER MD MBAFORMER KEY EMPLOYEE $2,485,436

CRISTINA G CAVALIERI ESQSEC - EVP, CHIEF LEGAL COUNSEL · 60 hrs/week $2,423,429Base $2,357,110 · Other $66,319

SUSAN C ALDRIDGE PHDPRESIDENT TJU · 55 hrs/week $2,021,185Base $1,967,148 · Other $54,037

MARK M WHALENEVP, CSO & CAO · 55 hrs/week $1,972,174Base $1,680,901 · Other $291,273

ROBERT H ROSENWASSER MDPROFESSOR & PHYSICIAN · 55 hrs/week $1,736,016Base $1,635,285 · Other $100,731

STEPHEN T SMITHEVP, CAO · 55 hrs/week $1,330,680Base $1,129,594 · Other $201,086

LISA SATTESON SHRM-SCPEVP, CHIEF HR OFFICER · 55 hrs/week $1,292,673Base $1,090,689 · Other $201,984

MARK L TYKOCINSKI MDFORMER KEY EMPLOYEE $1,249,237Base $1,178,506 · Other $70,731

LAURENCE M MERLISFORMER KEY EMPLOYEE $1,240,245Base $1,220,360 · Other $19,885

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 (40)

JOSEPH G CACCHIONEMDFACCTRUSTEE - CEO TJU/JEFF HEALTH

BALIGH R YEHIAMDMPPMSCPRESIDENT JEFFERSON HEALTH

JOHN P MORDACHTREAS. - EVP/CFO (TERM 2/2025)

BRUCE A MEYER MD MBAFORMER KEY EMPLOYEE

CRISTINA G CAVALIERI ESQSEC - EVP, CHIEF LEGAL COUNSEL

SUSAN C ALDRIDGE PHDPRESIDENT TJU

MARK M WHALENEVP, CSO & CAO

ROBERT H ROSENWASSER MDPROFESSOR & PHYSICIAN

STEPHEN T SMITHEVP, CAO

LISA SATTESON SHRM-SCPEVP, CHIEF HR OFFICER

MARK L TYKOCINSKI MDFORMER KEY EMPLOYEE

LAURENCE M MERLISFORMER KEY EMPLOYEE

STEPHEN K KLASKO MD MBAFORMER OFFICER

KATHLEEN GALLAGHERFORMER OFFICER

JACK JALLO MD PHDPROFESSOR & PHYSICIAN

JAMES S HARROP MDPROFESSOR & PHYSICIAN

JOSHUA HELLER MD MBAPROFESSOR & PHYSICIAN

SRINIVAS PRASAD MD MSPROFESSOR & PHYSICIAN

PATRICIA D WELLENBACHCHAIR - TRUSTEE

TRISTA M WALKERTRUSTEE

RAMONA ROGERS-WINDSORTRUSTEE

RICHARD C SHEERRTRUSTEE (TERM 10/2024)

DEBRA L NESSTRUSTEE

STEVEN R FOLLETTTRUSTEE

BRIAN NESTER DO MBAEVP, COO JEFFERSON HEALTH

THOMAS J MARCHOZZI MBA CPATREAS.- EVP & CFO (EFF 2/2025)

TIM OROURKETRUSTEE

JOHN J FUNG MD PHDTRUSTEE

MIMI DRAKETRUSTEE

MICHAEL E SNEEDVICE CHAIR - TRUSTEE

MICHAEL B WALSHFORMER KEY EMPLOYEE

MELANIE M PENNATRUSTEE

MATTHEW S LEVITTIESTRUSTEE

MARY S AUSTENTRUSTEE

ANDREW J MORRISROETRUSTEE

JOHN F MALLOY PHDTRUSTEE

LESLIE J MCNAMARAVICE CHAIR - TRUSTEE

LEA D KNIGHTTRUSTEE

LAWRENCE S REICHLINTRUSTEE (TERM 10/2024)

KATHY OBRIENTRUSTEE

About this charity

Recognized since: January 1996
Location: 1101 MARKET STREET SUITE 2004, PHILADELPHIA, PA 19107
County: Philadelphia
In care of: MICHAEL HARRINGTON
Primary officer: MICHAEL HARRINGTON, EVP/CFO

How to reach them

WebsiteVisit the charity’s website Phone(215) 503-8344 Officer phone(215) 955-4773

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WITHUMSMITHBROWN PC
NTEE classification: Education (B500)
Grant-giving organization: Yes