TORONTO METROPOLITAN UNIVERSITY Charity Report

Public IRS 990 nonprofit record

TORONTO METROPOLITAN UNIVERSITY

EIN 98-1651870 · Universities (B43)

What they do

The Special Mission of Toronto Metropolitan University is The Advancement of Applied Knowledge and Research to Address Societal Needs, and The Provision of Programs of Study That Provides A Balance Between Theory and Application That Prepares Students for Careers In Professional and Quasi-professional Fields. As A Leading Centre for Applied Education, It is Recognized for The Excellence of Its Teaching, The Relevance of Its Curriculum and Success of Its Students In Achieving Their Academic and Career Objectives, The Quality of Its Scholarships, Research and Creative Activity and Its Commitment to Accessibility Lifelong Learning and Involvement In The Broader Community. The TMU School of Medicine Received Preliminary Accreditation for Its MD Program On September 27, 2024. The School Will Focus On Developing Innovative, Well-rounded Physicians Who Are Responsive to Societal and Community Needs. Admissions Will Begin On October 9 for The 2025 Academic Year Starting In September 2025.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.50 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 leaders30 people are listed in the latest report.

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

Money made simple

92.72%of revenue went to mission work94.5% of expenses · Program services

0.66%of revenue went to fundraising0.7% of expenses

$98.12spent for every $100 of revenueRevenue covered expenses this year.

4.74%of revenue went to management and office costs4.8% of expenses

$2.33in assets for every $1 spent this yearSome assets cannot be spent right away.

49.3%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 $318,993 for MOHAMED LACHEMI (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$785,138,261

Mission workProgram services$727,984,16492.72% of revenue94.5% of expenses

ManagementOffice and general costs$37,187,2904.74% of revenue4.8% of expenses

FundraisingAsking for donations$5,188,5380.66% of revenue0.7% of expenses

Revenue left after expensesReported annual surplus$14,778,2691.88% of revenueShown in gray on the chart

Total expenses$770,359,99298.12% 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: 94.5% mission · 4.8% management · 0.7% fundraisingTotal expenses: 98.12% of revenue

2023Expense mix: 94.8% mission · 4.5% management · 0.7% fundraisingTotal expenses: 99.47% of revenue

2022Expense mix: 95.3% mission · 4.0% management · 0.7% fundraisingTotal expenses: 101.73% of revenue

Money in and money out

Revenue$785,138,261

Expenses$770,359,992

Annual surplus $14,778,269 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)$727,984,164 · 94.5% of expenses

Management and office costs$37,187,290 · 4.8% of expenses

Fundraising$5,188,538 · 0.7% of expenses

See all reported dollar amounts

Revenue$785,138,261

Expenses$770,359,992

Assets$1,791,670,010

Income$789,800,721

Contributions$386,941,507

Mission work (program services)$727,984,164

Fundraising$5,188,538

Management and general$37,187,290

Accounting fees$296,516

Investing fees$584,989

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

MOHAMED LACHEMIPRESIDENT · 36 hrs/week $318,993

TERESA CHANDEAN, S OF MED AND VP MED AFF · 36 hrs/week $272,662

ROBERTA IANNACITO-PROVENZANOPROVOST & VP, ACAD · 36 hrs/week $266,922

KRISHAN MEHTAV.P., UA AND ALUMNI RELATIONS · 36 hrs/week $251,674

DONNA YOUNGDEAN, FACULTY OF LAW · 36 hrs/week $250,564

STEVEN NORMAN LISSVP., RESEARCH AND INNOVATION · 36 hrs/week $227,228

SAEED ZOLFAGHARIVP-ADMIN & OPERAT. · 36 hrs/week $223,870

TANYA DE MELLOVP -EQUITY&COMM INCLS · 36 hrs/week $214,542

BALA VENKATESHPROFESSOR · 35 hrs/week $208,748

WENDY LAWRENCEGEN COUNSL & SEC OF BOG · 36 hrs/week $206,290

JOANNE MCKEECHIEF FINANCIAL OFFICER · 36 hrs/week $202,164

MICHAEL FORBESAVP, UNIVERSITY RELATIONS · 36 hrs/week $170,075

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 (30)

MOHAMED LACHEMIPRESIDENT

TERESA CHANDEAN, S OF MED AND VP MED AFF

ROBERTA IANNACITO-PROVENZANOPROVOST & VP, ACAD

KRISHAN MEHTAV.P., UA AND ALUMNI RELATIONS

DONNA YOUNGDEAN, FACULTY OF LAW

STEVEN NORMAN LISSVP., RESEARCH AND INNOVATION

SAEED ZOLFAGHARIVP-ADMIN & OPERAT.

TANYA DE MELLOVP -EQUITY&COMM INCLS

BALA VENKATESHPROFESSOR

WENDY LAWRENCEGEN COUNSL & SEC OF BOG

JOANNE MCKEECHIEF FINANCIAL OFFICER

MICHAEL FORBESAVP, UNIVERSITY RELATIONS

KIMBERLEY MCCAUSLANDVICEPRVST, UNIVERSITY PLANNING

MELANIE KNIGHTASSOCIATE DEAN

MATTHEW BAKERCOS AND SR. DIR, GOV RELATIONS

MARIE CROSTADIRECTOR - AC PLANN & ST AFFS

JOANNE DALLAIREELDER & SR ADVISOR INDIG RELAT

SAMIR SINHARESEARCH PROFESSIONAL

SILVANA BABIKIANCATERING MGR. F.S. OPERATIONS

AASIM UL HAQ KHWAJAELECTED MEMBER OF THE BOARD

LISA-MARIE WILLIAMSELECTED MEMBER OF THE BOARD

NORIE CAMPBELLELECTED MEMBER OF THE BOARD

IRENE GAMMELELECTED MEMBER OF THE BOARD

HYACINTH GAWNEELECTED MEMBER OF THE BOARD

SOBI RAGUNATHANELECTED MEMBER OF THE BOARD

ELSHAHED AHMEDELECTED MEMBER OF THE BOARD

DONETTE CHIN-LOY CHANGELECTED MEMBER OF THE BOARD

CRISTOBAL LEALELECTED MEMBER OF THE BOARD

TONY CONTEELECTED MEMBER OF THE BOARD

ANJU VIRMANIELECTED MEMBER OF THE BOARD

About this charity

Recognized since: January 2023
Location: 350 Victoria Street, Toronto
In care of: Ravi Haldavnekar
Primary officer: Ravi Haldavnekar, Controller

How to reach them

WebsiteVisit the charity’s website Phone(416) 979-5019

Filing and classification

Latest tax year: 2024
Tax period began: May 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Universities (B43)
IRS tax category: Universities