MARYWOOD UNIVERSITY Charity Report

Public IRS 990 nonprofit record

MARYWOOD UNIVERSITY

EIN 24-0795453 · Education (B430)

What they do

A CATHOLIC UNIVERSITY SPONSORED BY THE CONGREGATION of THE SISTERS SERVANTS of THE IMMACULATE HEART of MARY, MARYWOOD UNIVERSITY ROOTS ITSELF IN THE PRINCIPLE of JESUS and A BELIEF THAT EDUCATION EMPOWERS PEOPLE. ENACTING ITS IDEALS, MARYWOOD OFFERS STUDENTS A WELCOMING and (Continued On Schedule O)

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.40 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 leaders36 people are listed in the latest report.

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

Money made simple

82.69%of revenue went to mission work86.4% of expenses · Program services

0.82%of revenue went to fundraising0.9% of expenses

$95.72spent for every $100 of revenueRevenue covered expenses this year.

12.21%of revenue went to management and office costs12.8% of expenses

$2.27in assets for every $1 spent this yearSome assets cannot be spent right away.

9.9%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 $401,852 for WILLIAM MCDONALD (VICE PRESIDENT OF FINANCE & ADMINISTRATION). 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$119,715,328

Mission workProgram services$98,990,78482.69% of revenue86.4% of expenses

ManagementOffice and general costs$14,615,01012.21% of revenue12.8% of expenses

FundraisingAsking for donations$985,2890.82% of revenue0.9% of expenses

Revenue left after expensesReported annual surplus$5,124,2454.28% of revenueShown in gray on the chart

Total expenses$114,591,08395.72% 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: 86.4% mission · 12.8% management · 0.9% fundraisingTotal expenses: 95.72% of revenue

2023Expense mix: 86.0% mission · 13.1% management · 1.0% fundraisingTotal expenses: 98.09% of revenue

2022Expense mix: 85.4% mission · 13.5% management · 1.1% fundraisingTotal expenses: 95.55% of revenue

2021Expense mix: 85.5% mission · 13.5% management · 1.0% fundraisingTotal expenses: 98.31% of revenue

2020Expense mix: 86.3% mission · 12.7% management · 1.1% fundraisingTotal expenses: 96.37% of revenue

2019Expense mix: 88.0% mission · 11.0% management · 0.9% fundraisingTotal expenses: 96.22% of revenue

2018Expense mix: 88.8% mission · 10.2% management · 1.0% fundraisingTotal expenses: 94.06% of revenue

2017Expense mix: 88.3% mission · 10.6% management · 1.0% fundraisingTotal expenses: 97.50% of revenue

Money in and money out

Revenue$119,715,328

Expenses$114,591,083

Annual surplus $5,124,245 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)$98,990,784 · 86.4% of expenses

Management and office costs$14,615,010 · 12.8% of expenses

Fundraising$985,289 · 0.9% of expenses

See all reported dollar amounts

Revenue$119,715,328

Expenses$114,591,083

Assets$260,177,599

Income$123,475,833

Contributions$11,820,321

Mission work (program services)$98,990,784

Fundraising$985,289

Management and general$14,615,010

Stocks and bonds$67,549,302

Accounting fees$121,249

Investing fees$99,343

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

WILLIAM MCDONALDVICE PRESIDENT OF FINANCE & ADMINISTRATION · 35 hrs/week $401,852Base $370,254 · Other $31,598

LISA LORIPRESIDENT · 35 hrs/week $244,593Base $225,023 · Other $19,570

ASHTON VOGELSANGASSOC VP FOR FINANCE & ADMINISTRATION · 35 hrs/week $214,402Base $174,306 · Other $40,096

SHELBY YEAGERDEAN, COLLEGE OF HEALTH SCIENCES · 35 hrs/week $199,107Base $165,238 · Other $33,869

DR DAVID PALMITERPROFESSOR · 35 hrs/week $195,200Base $178,995 · Other $16,205

WENDY YANKELITISVICE PRESIDENT OF OPERATIONS · 35 hrs/week $194,260Base $173,646 · Other $20,614

RENEE ZEHELVICE PRESIDENT FOR UNIVERSITY ADVANCEMENT · 35 hrs/week $189,214Base $153,889 · Other $35,325

ARTHUR COMSTOCKINT VICE PRESIDENT FOR STRATEGIC INITIATIVES · 35 hrs/week $182,042Base $149,534 · Other $32,508

LESLIE CHRISTIANSONASSOCIATE PROVOST · 35 hrs/week $181,932Base $147,947 · Other $33,985

DR CHRISTOPHER SPEICHERASSOCIATE PROFESSOR · 35 hrs/week $178,106Base $168,534 · Other $9,572

JEFFREY KEGOLISVICE PRESIDENT FOR THE STUDENT EXPERIENCE · 35 hrs/week $176,738Base $152,316 · Other $24,422

ANN CERMINARO-COSTANZIINT VICE PRESIDENT FOR ACADEMIC AFFAIRS · 35 hrs/week $170,932Base $137,304 · Other $33,628

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 (36)

WILLIAM MCDONALDVICE PRESIDENT OF FINANCE & ADMINISTRATION

LISA LORIPRESIDENT

ASHTON VOGELSANGASSOC VP FOR FINANCE & ADMINISTRATION

SHELBY YEAGERDEAN, COLLEGE OF HEALTH SCIENCES

DR DAVID PALMITERPROFESSOR

WENDY YANKELITISVICE PRESIDENT OF OPERATIONS

RENEE ZEHELVICE PRESIDENT FOR UNIVERSITY ADVANCEMENT

ARTHUR COMSTOCKINT VICE PRESIDENT FOR STRATEGIC INITIATIVES

LESLIE CHRISTIANSONASSOCIATE PROVOST

DR CHRISTOPHER SPEICHERASSOCIATE PROFESSOR

JEFFREY KEGOLISVICE PRESIDENT FOR THE STUDENT EXPERIENCE

ANN CERMINARO-COSTANZIINT VICE PRESIDENT FOR ACADEMIC AFFAIRS

MARY THERESA PATERSONSECRETARY OF THE UNIV & GENERAL COUNSEL

SR CATHERINE LUXNERVICE PRESIDENT FOR MISSION SERVICES

SANDY SPOSATOTRUSTEE

ALEJANDRA MARROQUINTRUSTEE

WILLIAM LYNETTTRUSTEE

DANIEL SANTANIELLOTRUSTEE

SUSAN COGNETTISECRETARY

SR MARY ELAINE ANDERSON IHMTRUSTEE

SR MARY ANN CODY IHMTRUSTEE

SR KATHRYN CLAUSS IHMTRUSTEE

SR KATHLEEN LUNSMANN IHMCHAIR

SR ANDREA LEE IHM PHDTRUSTEE

FLORA KEATING KARAMTRUSTEE

JOHN LAWLESSTRUSTEE

ROBERT TAMBURROTRUSTEE

REV JOHN LAPERATRUSTEE

FRANK KELLEHERTRUSTEE

PIA FERRARIOTRUSTEE

MICHAEL BUGNOVICE CHAIR

MATTHEW BALMERTRUSTEE

MARY LAWLER MURPHY FOX PHDTRUSTEE

MARIA GOGALTRUSTEE

LORRAINE BREENTRUSTEE

JAMES GAVINTREASURER

About this charity

Recognized since: January 1945
Location: 2300 Adams Avenue, Scranton, PA 18509
County: Lackawanna
In care of: Ashton Vogelsang
Primary officer: Ashton Vogelsang, Interim VP for Finance and Admin.

How to reach them

WebsiteVisit the charity’s website EmailPh.D.akorkuti@marywood.edu Phone(570) 348-6211

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CROWE LLP
NTEE classification: Education (B430)