EIN 11-1797182

Molloy University

IRS 501(c) type
501(c)(3)
Num. employees
2,081
Year formed
1955
Most recent tax filings
2022-06-01
Description
A private, Long Island college, Molloy College provides a value-centered, multidimensional liberal arts education with more than 50 quality academic undergraduate and graduate degree programs.
Related structure
Molloy University is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Also known as...
Molloy College
Total revenues
$164,978,335
2022
Total expenses
$164,146,748
2022
Total assets
$260,681,891
2022
Num. employees
2,081
2022

Program areas at Molloy University

See schedule ofounded in 1955 by the dominican sisters of amityville, Molloy University (the "University or "Molloy") is an independent catholic University, rooted in the dominican tradition of study, spirituality, service, and community, and committed to academic excellence with respect for each person. Through transformative education, Molloy promotes a lifelong search for truth and the development of ethical leadership. With nearly 5,000 students, Molloy University offers 109 undergraduate degrees in career areas, professional areas and in the liberal arts and sciences, as well as 66 master's degrees and 3 doctoral degrees, with 6 dnp nursing tracks, the most recent the ed.d. In educational leadership for diverse learning communities, added in 2015. The University provides a student-centered learning experience which enhances the intellectual, ethical, spiritual and social development of every student, and strives to enhance the quality of its academic programs, faculty, and teaching learning environment. The University continues to identify, recruit and educate students who demonstrate leadership qualities, understand the need for civic engagement and aspire to serve the community. Located in rockville centre, ny, the University is a dynamic learning institution with outstanding faculty, state-of-the-art-technology and distinguished academic programs. Notably, Molloy's nursing program is among the largest nursing programs in the northeast region and in the country.

Who funds Molloy University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mother Cabrini Health FoundationCommunity Outreach, Screening, and Education$850,000
Mother Cabrini Health FoundationCollaborative Community Approach To Healthcare Workforce Development$750,000
Mother Cabrini Health FoundationPerson-Centered Continuum of Community Care$700,000
...and 17 more grants received

Personnel at Molloy University

NameTitleCompensation
Diane K FornieriChief of Staff and Secretary$160,410
Edward J ThompsonVice President Office of Advancement$256,697
Michael TorresVice President Office of Technology$213,170
Susan WilliamsVice President for Finance and Treasurer$269,396
Linda AlbaneseVice President Enrollment Management$212,803
...and 13 more key personnel

Financials for Molloy University

RevenuesFYE 06/2022
Total grants, contributions, etc.$16,613,283
Program services$145,957,857
Investment income and dividends$1,590,488
Tax-exempt bond proceeds$0
Royalty revenue$7,973
Net rental income$27,468
Net gain from sale of non-inventory assets$-379,207
Net income from fundraising events$47,334
Net income from gaming activities$80,753
Net income from sales of inventory$0
Miscellaneous revenues$1,032,386
Total revenues$164,978,335

Form 990s for Molloy University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-11990View PDF
2021-062022-05-06990View PDF
2020-062021-05-25990View PDF
2019-062020-08-12990View PDF
2018-062019-08-17990View PDF
...and 8 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 3 new grant, including a grant for $100,000 from The Posse Foundation
December 26, 2023
Received grants
Identified 6 new grant, including a grant for $850,000 from Mother Cabrini Health Foundation
August 19, 2023
Received grants
Identified 12 new grant, including a grant for $1,050,000 from Mother Cabrini Health Foundation
August 11, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Used new vendors
Identified 11 new vendors, including , , , , , , , , , , and
Nonprofit Types
SchoolsHigher ed institutionsChapter / child organizations
Issues
Education
Characteristics
CatholicChristianReligiousLobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1000 Hempstead Ave PO Box 5002
Rockville Centre, NY 11571
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Nassau County, NY
Website URL
molloy.edu/ 
Phone
(516) 323-3000
Facebook page
GoMolloy 
Twitter profile
@molloycollege 
IRS details
EIN
11-1797182
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Child within group exemption
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