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Nonprofit · EIN 04-2103558

TRUSTEES OF THE COLLEGE OF THE HOLY CROSS

Tax-exempt · WORCESTER, MA 01610

Financials

$308.2M$317.2M2022$350.8M$321.6M2023$367.3M$357.9M2024
Revenue Expenses · by fiscal year end
Financials of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$367,297,646$357,925,783$9,371,863$1,767,517,606$260,589,224$1,506,928,382
June 30, 2024990$350,759,122$321,622,461$29,136,661$1,667,203,048$267,784,408$1,399,418,640
June 30, 2023990$308,222,391$317,229,056-$9,006,665$1,609,954,174$287,611,277$1,322,342,897
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$48,085,887
of which government grants
$1,511,499
Program service revenue
$274,757,565
Investment income
$44,108,672
Net rental income
$400,904
Net gain from sales of assets
$31,017,425
Net income from fundraising events
-$55,382
Other revenue
$345,522

Expenses

Grants and similar amounts paid
$85,311,605
Compensation of officers, directors and key employees
$3,714,352
Other salaries and wages
$108,520,015
Salaries, compensation and benefits (total)
$149,386,605
Professional fundraising fees
$904,696
Legal fees
$915,321
Accounting fees
$371,194
Occupancy
$15,058,602
Travel
$5,925,055
Depreciation
$24,791,935
Program services (functional)
$301,035,804
Management and general (functional)
$45,107,625
Fundraising (functional)
$11,782,354

Balance sheet and other

Total assets, start of year
$1,667,203,048
Total assets, end of year
$1,767,517,606
Total liabilities, end of year
$260,589,224
Net assets, end of year
$1,506,928,382
Land, buildings and equipment
$446,755,755
Publicly traded securities
$133,817,964
Net assets without donor restrictions
$772,691,332
Net assets with donor restrictions
$734,237,050
Gross unrelated business income
$6,483,717
Gross receipts
$609,623,933
Employees
3,374
Volunteers
2,461
Year formed
1843
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
VINCENT D ROUGEAUPRESIDENT
Trustee or director, Officer
45$857,795$129,149
DOROTHY A GAGNONSVP OF ADMIN & FINANCE/TREASURER
Officer
45$608,448$73,394
MARGARET FREIJEPROFESSOR
Highest-paid employee
15$483,979$17,072
SEAN SCANLONVICE PRESIDENT FOR ADVANCEMENT
Highest-paid employee
45$389,935$99,828
ELLIOTT VISCONSIPROVOST & DEAN OF THE COLLEGE
Key employee
45$354,213$88,123
DAVID PAULSENHEAD COACH - MEN'S BASKETBALL
Highest-paid employee
45$354,606$67,181
ELIZABETH SMALLVP, GENERAL COUNSEL
Highest-paid employee
45$333,120$85,027
NANCY BALDIGAPROFESSOR (THRU 09/2024)
Highest-paid employee
45$326,034$31,338
HEATHER HAYESSENIOR VP & CHIEF OF STAFF
Officer
45$287,085$68,556
ELIZABETH DIONNE - AVP FOR FIN& ASST TREASURER (THRU 02/2025)
Officer
45$285,778$60,650
MICHELE MURRAYSVP OF STUDENT AFFAIRS/DOS
Key employee
45$281,200$60,384
KRISTINA MARTIN - AVP FOR FIN& ASST TREASURER (AS OF 03/2025)
Officer
45$218,217$66,830
DANIEL RICCIARDIAVP AND ASST TREASURER
Officer
45$188,400$58,961
MELANIE MITCHELL-PUCHULUSR EXEC ASST FOR PRES. & ASST SEC.
Officer
45$100,001$47,915
OMAR AFIFITRUSTEE
Trustee or director
3$0$0
34 more people on this return
NameTitleHours / weekCompensation
REV MARK G BOSCO S JTRUSTEE
Trustee or director
3$0
HELEN W BOUCHER MDTRUSTEE/CHAIR
Trustee or director, Officer
3$0
CATHERINE C BURKETRUSTEE
Trustee or director
3$0
J CHRISTOPHER COLLINSTRUSTEE
Trustee or director
3$0
ALICIA M COONEYTRUSTEE
Trustee or director
3$0
EMMETT J DALYTRUSTEE
Trustee or director
3$0
LORN C DAVISTRUSTEE
Trustee or director
3$0
RICHARD S FLAHERTYTRUSTEE
Trustee or director
3$0
ANDREW J GARAVEL SJTRUSTEE
Trustee or director
3$0
REV C KEVIN GILLESPIE S JTRUSTEE
Trustee or director
3$0
ANNE F HARRISTRUSTEE
Trustee or director
3$0
CAROL DONOVAN JUELTRUSTEE
Trustee or director
3$0
REV GREGORY A KALSCHEUR S JTRUSTEE
Trustee or director
3$0
ROBERT L KEANE SJTRUSTEE (THRU 05/2025)
Trustee or director
3$0
JAMES W KEYESTRUSTEE
Trustee or director
3$0
STEPHANIE COLEMAN LINNARTZTRUSTEE
Trustee or director
3$0
RONALD R LAWSONTRUSTEE
Trustee or director
3$0
SCHONE L MALLIETTRUSTEE
Trustee or director
3$0
CHERYL A MARTINTRUSTEE
Trustee or director
3$0
CHRISTOPHER M MILLARDTRUSTEE
Trustee or director
3$0
JAMES F MOONEY IIITRUSTEE/VICE CHAIR
Trustee or director, Officer
3$0
R MICHAEL MORANTRUSTEE
Trustee or director
3$0
DONNA MURPHY O'BRIENTRUSTEE
Trustee or director
3$0
PETER W OLIVERTRUSTEE
Trustee or director
3$0
CAROLYN M RISOLITRUSTEE
Trustee or director
3$0
ERIN B ROBERTTRUSTEE
Trustee or director
3$0
CHRISTINA C KOPEC ROONEYTRUSTEE
Trustee or director
3$0
DAVID P RYANTRUSTEE
Trustee or director
3$0
STEPHEN P SKINNERTRUSTEE
Trustee or director
3$0
BEATRIZ PINA SMITHTRUSTEE
Trustee or director
3$0
SUZANNE K STREETERTRUSTEE (THRU 04/2025)
Trustee or director
3$0
JOHN J SUYDAMTRUSTEE
Trustee or director
3$0
BRENDAN J SWORDSTRUSTEE
Trustee or director
3$0
HON HARRY K THOMAS JRTRUSTEE
Trustee or director
3$0
990 for the year ended June 30, 2024: 51 people
NameTitleHours / weekCompensationOther / benefits
VINCENT D ROUGEAUPRESIDENT
Trustee or director, Officer
45$709,915$108,785
DOROTHY A GAGNONSVP OF ADMIN & FINANCE/TREASURER
Officer
45$508,682$76,098
ELIZABETH SMALLVP, GENERAL COUNSEL
Highest-paid employee
45$325,312$119,412
KOLLEEN RASKPROFESSOR (THRU 09/2023)
Highest-paid employee
45$415,935$26,202
PREDRAG CICOVACKIPROFESSOR (THRU 09/2023)
Highest-paid employee
45$412,745$23,648
ROBERT CHESNEYHEAD FOOTBALL COACH (THRU 12/2023)
Highest-paid employee
45$365,435$69,152
MARGARET FREIJEPROFESSOR
Highest-paid employee
45$308,147$62,891
HEATHER HAYESSENIOR VP & CHIEF OF STAFF
Officer
45$333,227$30,048
MICHELE MURRAYSVP OF STUDENT AFFAIRS/DOS
Key employee
45$271,534$61,485
ELIZABETH DIONNEAVP FOR FINANCE & ASST TREASURER
Officer
45$265,778$56,909
ELLIOTT VISCONSIPROVOST & DEAN OF THE COLLEGE
Key employee
45$229,306$32,141
DANIEL RICCIARDIAVP AND ASST TREASURER
Officer
45$185,261$61,741
TRACY BARLOKFORMER VP FOR ADVANCEMENT
Former
45$167,292$0
MELANIE MITCHELL-PUCHULUSR EXEC ASST FOR PRES. & ASST SEC.
Officer
45$94,855$46,318
MEAH S AUSTINTRUSTEE
Trustee or director
3$0$0
REV MARK G BOSCO S JTRUSTEE
Trustee or director
3$0$0
HELEN W BOUCHER MDTRUSTEE/CHAIR
Trustee or director, Officer
3$0$0
CATHERINE C BURKETRUSTEE
Trustee or director
3$0$0
J CHRISTOPHER COLLINSTRUSTEE
Trustee or director
3$0$0
EMMETT J DALYTRUSTEE
Trustee or director
3$0$0
LORN C DAVISTRUSTEE
Trustee or director
3$0$0
RICHARD S FLAHERTYTRUSTEE
Trustee or director
3$0$0
ANDREW J GARAVEL SJTRUSTEE
Trustee or director
3$0$0
REV C KEVIN GILLESPIE S JTRUSTEE
Trustee or director
3$0$0
STANLEY E GRAYSONTRUSTEE
Trustee or director
3$0$0
ROBERT A HARRINGTONTRUSTEE
Trustee or director
3$0$0
ANNE F HARRISTRUSTEE
Trustee or director
3$0$0
CAROL DONOVAN JUELTRUSTEE
Trustee or director
3$0$0
REV GREGORY A KALSCHEUR S JTRUSTEE
Trustee or director
3$0$0
ROBERT L KEANE SJTRUSTEE
Trustee or director
3$0$0
JAMES W KEYESTRUSTEE
Trustee or director
3$0$0
STEPHANIE COLEMAN LINNARTZTRUSTEE
Trustee or director
3$0$0
STEPHEN A LOVELETTETRUSTEE
Trustee or director
3$0$0
SCHONE L MALLIETTRUSTEE
Trustee or director
3$0$0
CHERYL A MARTINTRUSTEE
Trustee or director
3$0$0
SHAUN P MATHEWSTRUSTEE
Trustee or director
3$0$0
CHRISTOPHER M MILLARDTRUSTEE
Trustee or director
3$0$0
JAMES F MOONEY IIITRUSTEE/VICE CHAIR
Trustee or director, Officer
3$0$0
R MICHAEL MORANTRUSTEE
Trustee or director
3$0$0
REV PETER NGUYEN SJTRUSTEE (THRU 12/2023)
Trustee or director
3$0$0
DONNA MURPHY O'BRIENTRUSTEE
Trustee or director
3$0$0
PETER W OLIVERTRUSTEE
Trustee or director
3$0$0
ERIN B ROBERTTRUSTEE
Trustee or director
3$0$0
SR BARBARA J ROGERS RSCJTRUSTEE
Trustee or director
3$0$0
DAVID P RYANTRUSTEE
Trustee or director
3$0$0
STEPHEN P SKINNERTRUSTEE
Trustee or director
3$0$0
BEATRIZ PINA SMITHTRUSTEE
Trustee or director
3$0$0
SUZANNE K STREETERTRUSTEE
Trustee or director
3$0$0
JOHN J SUYDAMTRUSTEE
Trustee or director
3$0$0
BRENDAN J SWORDSTRUSTEE
Trustee or director
3$0$0
HON HARRY K THOMAS JRTRUSTEE
Trustee or director
3$0$0
990 for the year ended June 30, 2023: 55 people
NameTitleHours / weekCompensationOther / benefits
VINCENT D ROUGEAUPRESIDENT
Trustee or director, Officer
45$727,825$147,792
DOROTHY A HAUVERSVP OF ADMIN & FINANCE/TREASURER
Officer
45$440,248$98,024
TRACY BARLOKVP FOR ADVANCEMENT (THRU 07/2022)
Key employee
45$442,510$42,837
BRETT NELSONHEAD MEN'S BASKETBALL COACH
Highest-paid employee
45$356,198$62,534
DAVID CHUDIR OF CERTIFICATE PROG (THRU 07/22)
Highest-paid employee
45$383,593$24,980
MARGARET FREIJEPRVST&DEAN OF COLLEGE THRU 6/22/PROF
Key employee
45$324,725$68,417
ELIZABETH SMALLVP, GENERAL COUNSEL
Highest-paid employee
45$305,910$82,061
ROBERT CHESNEYHEAD FOOTBALL COACH
Highest-paid employee
45$300,636$67,229
HEATHER HAYESSENIOR VP & CHIEF OF STAFF
Officer
45$292,429$37,220
MICHELE MURRAYSVP OF STUDENT AFFAIRS/DOS
Key employee
45$263,652$52,176
CHARLES ANDERTONPROFESSOR (THRU 09/2022)
Highest-paid employee
45$292,105$23,688
MARISA GREGGVP OF COMMUNICATIONS (THRU 06/2022)
Key employee
45$259,978$11,077
DANIEL RICCIARDIAVP AND ASST TREASURER
Officer
45$182,669$58,637
ELIZABETH DIONNEAVP FOR FINANCE & ASST TREASURER
Officer
45$194,199$40,589
MELANIE MITCHELL-PUCHULUSR EXEC ASST FOR PRES. & ASST SEC.
Officer
45$100,537$43,727
MEAH S AUSTINTRUSTEE
Trustee or director
3$0$0
REV MARK G BOSCO S JTRUSTEE
Trustee or director
3$0$0
HELEN W BOUCHER MDTRUSTEE/CHAIR
Trustee or director, Officer
3$0$0
J CHRISTOPHER COLLINSTRUSTEE
Trustee or director
3$0$0
EMMETT J DALYTRUSTEE
Trustee or director
3$0$0
LORN C DAVISTRUSTEE
Trustee or director
3$0$0
RICHARD S FLAHERTYTRUSTEE
Trustee or director
3$0$0
ANDREW J GARAVEL SJTRUSTEE
Trustee or director
3$0$0
REV C KEVIN GILLESPIE S JTRUSTEE
Trustee or director
3$0$0
REV MICHAEL CARL GILSON SJTRUSTEE
Trustee or director
3$0$0
LAURA CUTONE GODWINTRUSTEE
Trustee or director
3$0$0
STANLEY E GRAYSONTRUSTEE
Trustee or director
3$0$0
ROBERT A HARRINGTONTRUSTEE
Trustee or director
3$0$0
BRODERICK D JOHNSONTRUSTEE (THRU 01/2023)
Trustee or director
3$0$0
THOMAS P JOYCE JRTRUSTEE
Trustee or director
3$0$0
REV GREGORY A KALSCHEUR S JTRUSTEE
Trustee or director
3$0$0
ROBERT L KEANE SJTRUSTEE
Trustee or director
3$0$0
JAMES W KEYESTRUSTEE
Trustee or director
3$0$0
LINDA M LEMURATRUSTEE
Trustee or director
3$0$0
STEPHANIE COLEMAN LINNARTZTRUSTEE
Trustee or director
3$0$0
STEPHEN A LOVELETTETRUSTEE
Trustee or director
3$0$0
CHERYL A MARTINTRUSTEE
Trustee or director
3$0$0
SHAUN P MATHEWSTRUSTEE
Trustee or director
3$0$0
EDWIN J MCLAUGHLINTRUSTEE
Trustee or director
3$0$0
CHRISTOPHER M MILLARDTRUSTEE
Trustee or director
3$0$0
JAMES F MOONEY IIITRUSTEE/VICE CHAIR
Trustee or director, Officer
3$0$0
R MICHAEL MORANTRUSTEE
Trustee or director
3$0$0
JOHN P MULLMANTRUSTEE
Trustee or director
3$0$0
REV PETER NGUYEN SJTRUSTEE
Trustee or director
3$0$0
DONNA MURPHY O'BRIENTRUSTEE
Trustee or director
3$0$0
NALANI RAMOS RUIZTRUSTEE
Trustee or director
3$0$0
SR BARBARA J ROGERS RSCJTRUSTEE
Trustee or director
3$0$0
FRANCINE ROSADO-CRUZTRUSTEE
Trustee or director
3$0$0
STEPHEN P SKINNERTRUSTEE
Trustee or director
3$0$0
BEATRIZ PINA SMITHTRUSTEE
Trustee or director
3$0$0
SUZANNE K STREETERTRUSTEE
Trustee or director
3$0$0
JOHN J SUYDAMTRUSTEE
Trustee or director
3$0$0
BRENDAN J SWORDSTRUSTEE
Trustee or director
3$0$0
TANIA TETLOW JDTRUSTEE (THRU 09/2022)
Trustee or director
3$0$0
HON HARRY K THOMAS JRTRUSTEE
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
1 COLLEGE ST, WORCESTER, MA 01610-2322
In care of
% CHARLENE BELLOWS
Principal officer (990 for 2024)
VINCENT ROUGEAU, ONE COLLEGE STREET, WORCESTER, MA 016102395
Signed the 990
DOROTHY A GAGNON, SENIOR VP AND TREASURER
Phone
(508) 793-3497
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • THE PRIMARY PROGRAM IS UNDERGRADUATE INSTRUCTION IN THE LIBERAL ARTS THAT LEADS TO A BACHELOR OF ARTS DEGREE. THE CURRICULUM INCLUDES PROGRAMS IN THE ARTS, SCIENCES, SOCIAL SCIENCES, AND HUMANITIES. SEE DETAIL ON SCHEDULE O.
    Expenses $299,793,776 · grants $85,281,367 · revenue $273,536,320
  • BASIC RESEARCH IN CHEMISTRY, PHYSICS, PSYCHOLOGY, AND BIOLOGY, FUNDED BY PRIVATE AND PUBLIC GRANTS.
    Expenses $1,242,028 · grants $30,238 · revenue $1,221,245

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2103558
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$1,767,517,606
Income (IRS master file)
$609,623,933

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$367,297,646$357,925,783$1,767,517,606IRS
990-TJune 2025–––IRS
990June 2024$350,759,122$321,622,461$1,667,203,048IRS
990-TJune 2024–––IRS
990June 2023$308,222,391$317,229,056$1,609,954,174XML
990-TJune 2023–––IRS
990June 2022$353,583,327$307,194,493$1,582,228,068IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2103558).

Questions about TRUSTEES OF THE COLLEGE OF THE HOLY CROSS

What is the EIN of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS?
The employer identification number (EIN) of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS is 04-2103558.
Is TRUSTEES OF THE COLLEGE OF THE HOLY CROSS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to TRUSTEES OF THE COLLEGE OF THE HOLY CROSS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRUSTEES OF THE COLLEGE OF THE HOLY CROSS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TRUSTEES OF THE COLLEGE OF THE HOLY CROSS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS?
The 990 for the year ended June 30, 2025 names VINCENT ROUGEAU.
Who are the officers and directors of TRUSTEES OF THE COLLEGE OF THE HOLY CROSS?
The 990 for the year ended June 30, 2025 lists 49 people; 14 received compensation from the organization, the highest $857,795 (VINCENT D ROUGEAU, PRESIDENT).
How much revenue does TRUSTEES OF THE COLLEGE OF THE HOLY CROSS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $367,297,646, expenses of $357,925,783 and total assets of $1,767,517,606 at year end.

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