QUEENS UNIVERSITY OF CHARLOTTE Charity Report

Public IRS 990 nonprofit record

QUEENS UNIVERSITY OF CHARLOTTE

EIN 56-0530003 · Education (B430)

What they do

QUEENS UNIVERSITY of CHARLOTTE PROVIDES TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT NURTURE INTELLECTUAL CURIOSITY, PROMOTE GLOBAL UNDERSTANDING, ENCOURAGE ETHICAL LIVING and PREPARE INDIVIDUALS for PURPOSEFUL and FULFILLING LIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.40 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 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 leaders51 people are listed in the latest report.

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

Money made simple

100.84%of revenue went to mission work77.4% of expenses · Program services

2.97%of revenue went to fundraising2.3% of expenses

$130.34spent for every $100 of revenueSpending was higher than revenue this year.

26.53%of revenue went to management and office costs20.4% of expenses

$1.43in assets for every $1 spent this yearSome assets cannot be spent right away.

12.9%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.

Worth asking: Expenses exceeded revenue by $27,854,807 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $758,643 for DANIEL J LUGO (PRESIDENT, EX-OFFICIO, B.O.T.). 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$91,815,282

Mission workProgram services$92,586,155100.84% of revenue77.4% of expenses

ManagementOffice and general costs$24,357,34426.53% of revenue20.4% of expenses

FundraisingAsking for donations$2,726,5902.97% of revenue2.3% of expenses

Total expenses$119,670,089130.34% 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: 77.4% mission · 20.4% management · 2.3% fundraisingTotal expenses: 130.34% of revenue

2022Expense mix: 75.0% mission · 22.6% management · 2.4% fundraisingTotal expenses: 123.14% of revenue

2021Expense mix: 74.8% mission · 22.6% management · 2.5% fundraisingTotal expenses: 106.22% of revenue

2020Expense mix: 76.5% mission · 21.7% management · 1.8% fundraisingTotal expenses: 105.48% of revenue

2019Expense mix: 76.6% mission · 21.4% management · 2.0% fundraisingTotal expenses: 103.74% of revenue

2018Expense mix: 78.0% mission · 19.8% management · 2.3% fundraisingTotal expenses: 97.79% of revenue

2017Expense mix: 74.7% mission · 23.0% management · 2.3% fundraisingTotal expenses: 84.77% of revenue

2016Expense mix: 72.7% mission · 24.8% management · 2.5% fundraisingTotal expenses: 69.56% of revenue

Money in and money out

Revenue$91,815,282

Expenses$119,670,089

Annual shortfall $27,854,807 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)$92,586,155 · 77.4% of expenses

Management and office costs$24,357,344 · 20.4% of expenses

Fundraising$2,726,590 · 2.3% of expenses

See all reported dollar amounts

Revenue$91,815,282

Expenses$119,670,089

Assets$171,525,098

Income$106,806,439

Contributions$11,851,107

Mission work (program services)$92,586,155

Fundraising$2,726,590

Management and general$24,357,344

Stocks and bonds$115,679

Accounting fees$137,364

Investing fees$474,375

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

DANIEL J LUGOPRESIDENT, EX-OFFICIO, B.O.T. · 60 hrs/week $758,643Base $623,955 · Other $134,688

RICHARD MAJERUSVP PLANNING & STRATEGY · 50 hrs/week $347,240Base $311,531 · Other $35,709

ADRIENNE ODDIVP STRATEGIC ENROLLMENT & COMM · 50 hrs/week $334,132Base $296,639 · Other $37,493

SARAH FATHERLYPROVOST & VP ACADEMIC AFFAIRS · 50 hrs/week $325,840Base $299,120 · Other $26,720

OLIVER CARIASHEAD COACH, MENS SOCCER · 40 hrs/week $273,593Base $233,148 · Other $40,445

CHERIE SWARTHOUTDIRECTOR OF ATHLETICS · 50 hrs/week $235,283Base $203,005 · Other $32,278

MARIA FLORES-MILLSVP STUDENT AFFAIRS & DEAN · 50 hrs/week $233,205Base $209,465 · Other $23,740

MATTHEW A PACKEYCFO & VP ADMINISTRATION · 50 hrs/week $219,567Base $198,496 · Other $21,071

JULLET WEAVERDEAN, BLAIR COLLEGE OF HEALTH · 50 hrs/week $210,970Base $168,159 · Other $42,811

BETH SCHNEIDERASSOC PROFESSOR OF STRATEGY · 40 hrs/week $198,324Base $179,986 · Other $18,338

WILLIAM BAKERPROFESSOR OF ACCOUNTING · 40 hrs/week $184,416Base $176,105 · Other $8,311

NICOLE HOERSCHELMANNDEAN, KNIGHT SCHOOL OF COMM · 50 hrs/week $172,296Base $171,512 · Other $784

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 (51)

DANIEL J LUGOPRESIDENT, EX-OFFICIO, B.O.T.

RICHARD MAJERUSVP PLANNING & STRATEGY

ADRIENNE ODDIVP STRATEGIC ENROLLMENT & COMM

SARAH FATHERLYPROVOST & VP ACADEMIC AFFAIRS

OLIVER CARIASHEAD COACH, MENS SOCCER

CHERIE SWARTHOUTDIRECTOR OF ATHLETICS

MARIA FLORES-MILLSVP STUDENT AFFAIRS & DEAN

MATTHEW A PACKEYCFO & VP ADMINISTRATION

JULLET WEAVERDEAN, BLAIR COLLEGE OF HEALTH

BETH SCHNEIDERASSOC PROFESSOR OF STRATEGY

WILLIAM BAKERPROFESSOR OF ACCOUNTING

NICOLE HOERSCHELMANNDEAN, KNIGHT SCHOOL OF COMM

MARY ALICE BOYDFORMER CFO & VP ADMINISTRATION

LORI ANN SUMMERSVP, UNIVERSITY ADVANCEMENT

AUDEAN GODEHNTRUSTEE

MARK REEDTRUSTEE

MARY ANNE BOLDRICK ROGERSTRUSTEE

BRANDON D PERRYTRUSTEE

MAUREEN A SWICKTRUSTEE

BAILEY W PATRICKTRUSTEE

PAIGE FERGUSON BURGESSTRUSTEE

REGINALD WILLISTRUSTEE

CAROLINE SINKTRUSTEE

ROBERT A ENGELTRUSTEE

ROBERT H SALVINTRUSTEE

SAAD EHTISHAMTRUSTEE

SALLY GAMBRELL BRIDGFORDTRUSTEE

ANDREA SMITHTRUSTEE

SEAN P LEARYTRUSTEE

SUSAN MCCONNELLTRUSTEE

TANYA BLACKMONTRUSTEE

TITI COLETRUSTEE

MARGRETHE VAGELLTRUSTEE

CHRISTINE M HUNTSECRETARY

DAVID OSCAR GROOMESTRUSTEE

DEREK WANGTRUSTEE

ELIZABETH HUNTER PERSSONTRUSTEE

ELIZABETH W MARTINTRUSTEE

FERNANDO R YCAZATRUSTEE

HOOPER HARDISONTRUSTEE

JANET PREYER NELSONTRUSTEE

JEFFREY J BROWNCHAIR

JENNIFER DEWITTTRUSTEE

JESSE J CURETONVICE-CHAIR

BRIAN D SAVOYTRUSTEE

KRISTI COLEMANTRUSTEE

L WATTS HAMRICK IIITRUSTEE

LES LAMBERTTRUSTEE

MALCOMB COLEYTRUSTEE

MANUEL REYTRUSTEE

BRIAN NATWICKTRUSTEE

About this charity

Recognized since: January 1942
Location: 1900 SELWYN AVE, CHARLOTTE, NC 28274-0001
County: Mecklenburg
In care of: % MATTHEW A PACKEY
Primary officer: MATTHEW A PACKEY, CFO/VP FOR ADMIN

How to reach them

WebsiteVisit the charity’s website Phone(704) 337-2561 Officer phone(704) 337-2375

Filing and classification

Latest tax year: 2023
Tax period began: July 1, 2023
Return type: 990
Tax preparer: BDO USA
NTEE classification: Education (B430)