SAMUEL MERRITT UNIVERSITY Charity Report

Public IRS 990 nonprofit record

SAMUEL MERRITT UNIVERSITY

EIN 94-2992642 · Education (B500)

What they do

Samuel Merritt University Educates Students to Become Highly Skilled and Compassionate Health Care Professionals Who Positively Transform The Experience of Care In Diverse Communities.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.00 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 leaders34 people are listed in the latest report.

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

Money made simple

61.54%of revenue went to mission work76.0% of expenses · Program services

1.81%of revenue went to fundraising2.2% of expenses

$80.96spent for every $100 of revenueRevenue covered expenses this year.

17.60%of revenue went to management and office costs21.7% of expenses

$5.46in assets for every $1 spent this yearSome assets cannot be spent right away.

6.2%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 $989,785 for CHING-HUA WANG (PRESIDENT). 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$134,762,793

Mission workProgram services$82,930,30961.54% of revenue76.0% of expenses

ManagementOffice and general costs$23,724,15217.60% of revenue21.7% of expenses

FundraisingAsking for donations$2,442,8581.81% of revenue2.2% of expenses

Revenue left after expensesReported annual surplus$25,665,47419.04% of revenueShown in gray on the chart

Total expenses$109,097,31980.96% 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: 76.0% mission · 21.7% management · 2.2% fundraisingTotal expenses: 80.96% of revenue

2023Expense mix: 73.0% mission · 25.5% management · 1.6% fundraisingTotal expenses: 94.48% of revenue

2022Expense mix: 78.5% mission · 19.9% management · 1.6% fundraisingTotal expenses: 60.70% of revenue

2021Expense mix: 77.9% mission · 21.0% management · 1.1% fundraisingTotal expenses: 80.10% of revenue

2020Expense mix: 79.7% mission · 19.2% management · 1.1% fundraisingTotal expenses: 96.10% of revenue

2019Expense mix: 78.1% mission · 21.1% management · 0.8% fundraisingTotal expenses: 88.99% of revenue

2018Expense mix: 78.2% mission · 21.4% management · 0.5% fundraisingTotal expenses: 92.71% of revenue

2017Expense mix: 79.2% mission · 20.1% management · 0.7% fundraisingTotal expenses: 89.54% of revenue

Money in and money out

Revenue$134,762,793

Expenses$109,097,319

Annual surplus $25,665,474 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)$82,930,309 · 76.0% of expenses

Management and office costs$23,724,152 · 21.7% of expenses

Fundraising$2,442,858 · 2.2% of expenses

See all reported dollar amounts

Revenue$134,762,793

Expenses$109,097,319

Assets$595,616,621

Income$134,762,793

Contributions$8,289,955

Mission work (program services)$82,930,309

Fundraising$2,442,858

Management and general$23,724,152

Executive compensation (total)$1,656,612

Stocks and bonds$268,539,135

Accounting fees$410,742

Investing fees$553,404

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

CHING-HUA WANGPRESIDENT · 60 hrs/week $989,785Base $921,283 · Other $68,502

DAVE LAWLOREXECUTIVE VICE PRESIDENT & TREASURER · 60 hrs/week $916,575Base $819,243 · Other $97,332

BRIAN CLOCKSINPROVOST EXECUTIVE VICE PRESIDENT, ACADEMIC/STUDENT · 60 hrs/week $517,608Base $436,567 · Other $81,041

JOSEPH JANAKESPROGRAM DIRECTOR · 40 hrs/week $395,375Base $323,663 · Other $71,712

ALBERT FRISONEFORMER VP FOR UNIVERSITY ADVANCEMENT AND COMMUNICA · 60 hrs/week $392,121Base $386,378 · Other $5,743

EMILY PRIETO-TSEREGOUNISCHIEF OF STAFF, VP OF EXERNAL AFFAIRS · 60 hrs/week $368,317Base $314,042 · Other $54,275

KEVIN HAMBYASSISTANT PROFESSOR · 40 hrs/week $363,859Base $304,344 · Other $59,515

OROPHENIA BOLLINGERASSISTANT PROFESSOR · 40 hrs/week $343,511Base $292,993 · Other $50,518

GINA SQUARAVP FOR STRATEGIC GROWTH & MARKETING · 60 hrs/week $308,140Base $275,673 · Other $32,467

SEANNY MINASSISTANT PROFESSOR · 40 hrs/week $296,150Base $266,575 · Other $29,575

STEVEN RUSHDEAN OF NURSING · 40 hrs/week $291,337Base $275,977 · Other $15,360

NILA HOLLISDIRECTOR OF PSYCHIATRIC MENTAL HEALTH NURSE PRACTI · 40 hrs/week $253,008

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 (34)

CHING-HUA WANGPRESIDENT

DAVE LAWLOREXECUTIVE VICE PRESIDENT & TREASURER

BRIAN CLOCKSINPROVOST EXECUTIVE VICE PRESIDENT, ACADEMIC/STUDENT

JOSEPH JANAKESPROGRAM DIRECTOR

ALBERT FRISONEFORMER VP FOR UNIVERSITY ADVANCEMENT AND COMMUNICA

EMILY PRIETO-TSEREGOUNISCHIEF OF STAFF, VP OF EXERNAL AFFAIRS

KEVIN HAMBYASSISTANT PROFESSOR

OROPHENIA BOLLINGERASSISTANT PROFESSOR

GINA SQUARAVP FOR STRATEGIC GROWTH & MARKETING

SEANNY MINASSISTANT PROFESSOR

STEVEN RUSHDEAN OF NURSING

NILA HOLLISDIRECTOR OF PSYCHIATRIC MENTAL HEALTH NURSE PRACTI

ERIC STAMPSFORMER DEAN AND PROFESSOR OF PODIATRIC MEDICINE (F

EVAON WONG-KIMFORMER DEAN OF HEALTH SCIENCES (FROM 1/1/24 TO 7/2

MARK RAZZANTEINTERIM DEAN, COLLEGE OF PODIATRIC MEDICINE (FROM

KEVIN HARTREGENT

ALVIN MCLEANREGENT & CHAIR

SHEFALI PARIKHREGENT

AMBER LUTHERREGENT

SAUL ROSENBAUMREGENT

ANNA KIGERREGENT & CHIEF NURSING OFFICER (THRU 06/24)

NEPTALY AGUILERAREGENT

MERCEDES CHAVIRAREGENT

MELANIE BELL-MAYEDAREGENT

LISA ZUFFIREGENT

DENNIS OCONNELLREGENT & VICE-CHAIR

BRAD BARBERREGENT

KATHERINE SCHAPIROREGENT

CAROLINE CABIASREGENT

JEFF GERARDREGENT (FROM 9/24/24)

CHRISTINE HELWICKREGENT (FROM 6/30/24)

ERIC ROBERTSREGENT

CONRAD VIALREGENT

ELIZABETH CHANEYREGENT

About this charity

Recognized since: January 1986
Location: 450 30TH STREET SUITE 2840, OAKLAND, CA 94609
County: Alameda
In care of: CHING-HUA WANG
Primary officer: CHING-HUA WANG, president

How to reach them

WebsiteVisit the charity’s website Emailadmission@samuelmerritt.edu Phone(916) 286-6665

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Education (B500)
IRS tax category: Colleges, Universities, and Professional Schools