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EIN 05-0259080

Salve Regina University

IRS 501(c) type
501(c)(3)
Num. employees
1,549
City
Newport
State
Rhode Island
Year formed
1934
Most recent tax filings
2023-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
The University through teaching and research prepares men and women for responsible lives by imparting and expanding knowledge, developing skills and cultivating enduring values.
Related structure
Salve Regina University is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$136,593,065
2023
Total expenses
$135,367,026
2023
Total assets
$221,864,570
2023
Num. employees
1,549
2023

Program areas at Salve Regina University

Salve Regina University (the "University"), located in newport, rhode island, is a catholic University which opened in 1947 and is accredited by the new england commission of higher education, inc., formerly known as the new england association of schools and colleges. The University was founded by and continues to be sponsored by the sisters of mercy. The University enrolls approximately 2,700 men and women in a variety of academic programs. The University's student population is predominately from the northeast region of the united states. The undergraduate programs are based on the liberal arts. The University offers baccalaureate and master degrees, a certificate of advanced graduate study and a ph.d. In humanities and international relations.

Who funds Salve Regina University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The David and Mildred Morse Charitable TrustUnrestricted$1,000,000
DRR Family FoundationScholarships$500,000
Van Beuren Charitable Foundation (vBCF)Mckillop Library Renovation$360,000
...and 61 more grants received totalling $2,755,392

Personnel at Salve Regina University

NameTitleCompensation
M Therese Antone RsmChancellor$0
Michael N GrandchampVice President for Operations and Chief Financial Officer$200,812
Irving BrucksteinChief Information Officer$160,703
Maelynn PattenChief Advancement Officer$251,243
James FowlerVice President for Student Enrollment / Vice President for Enrollment Management$171,015
...and 14 more key personnel

Financials for Salve Regina University

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,254,316
Program services$125,049,149
Investment income and dividends$2,051,568
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$289,595
Net gain from sale of non-inventory assets$688,078
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$260,359
Total revenues$136,593,065

Form 990s for Salve Regina University

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-12990View PDF
2021-062022-05-11990View PDF
2020-062021-05-11990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s

Organizations like Salve Regina University

OrganizationLocationRevenue
Georgian Court University (GCU)Lakewood, NJ$58,760,311
Saint Martin's UniversityLacey, WA$77,972,192
Saint Ambrose University (SAU)Davenport, IA$120,947,375
College of Saint Benedict and Saint John's University (CSBSJU)Collegeville, MN$140,291,117
College of Saint BenedictSaint Joseph, MN$118,861,967
Saint Xavier University (SXU)Chicago, IL$126,701,942
Cabrini UniversityRadnor, PA$64,312,260
Mount Saint Mary CollegeNewburgh, NY$80,826,221
Molloy UniversityRockville Centre, NY$159,204,626
DeSales UniversityCenter Valley, PA$129,548,696
Data update history
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $15,525 from The Blackbaud Giving Fund
October 4, 2024
Updated personnel
Identified 9 new personnel
August 2, 2024
Received grants
Identified 21 new grant, including a grant for $25,000 from Mental Research Institute
July 21, 2024
Updated personnel
Identified 4 new personnel
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
SchoolsHigher ed institutionsChapter / child organizations
Issues
Education
Characteristics
CatholicChristianReligiousPolitical advocacyLobbyingConservation easementOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
100 Ochre Point Ave
Newport, RI 02840
Metro area
Providence-Warwick, RI-MA
County
Newport County, RI
Website URL
salve.edu/ 
Phone
(401) 847-6650
Facebook page
SalveReginaUniversity 
Twitter profile
@salveregina 
IRS details
EIN
05-0259080
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1934
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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