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Nonprofit · EIN 04-2103567

ENDICOTT COLLEGE

Tax-exempt · BEVERLY, MA 01915

Financials

$212.4M$197.4M2023$226.5M$215.4M2024
Revenue Expenses · by fiscal year end
Financials of ENDICOTT COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$226,515,417$215,430,999$11,084,418$551,769,836$133,381,635$418,388,201
June 30, 2024990$212,397,622$197,361,761$15,035,861$535,358,364$141,805,655$393,552,709
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,419,930
of which government grants
$902,106
Program service revenue
$215,733,872
Investment income
$2,915,136
Net gain from sales of assets
$908,914
Net income from fundraising events
-$48,998
Other revenue
$1,446,479

Expenses

Grants and similar amounts paid
$53,638,390
Compensation of officers, directors and key employees
$2,168,497
Other salaries and wages
$68,628,844
Salaries, compensation and benefits (total)
$91,608,112
Professional fundraising fees
$0
Legal fees
$580,221
Accounting fees
$211,111
Occupancy
$5,342,673
Travel
$8,775,696
Depreciation
$11,008,947
Program services (functional)
$188,646,051
Management and general (functional)
$24,035,739
Fundraising (functional)
$2,749,209

Balance sheet and other

Total assets, start of year
$535,358,364
Total assets, end of year
$551,769,836
Total liabilities, end of year
$133,381,635
Net assets, end of year
$418,388,201
Land, buildings and equipment
$359,112,079
Publicly traded securities
$120,906,632
Net assets without donor restrictions
$385,068,755
Net assets with donor restrictions
$33,319,446
Gross unrelated business income
$12,415,625
Gross receipts
$251,054,577
Employees
2,430
Volunteers
220
Year formed
1939
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
STEVEN R DISALVOPRESIDENT (ON LEAVE AS OF 04/2025)
Trustee or director, Officer
60$622,413$160,634
ANTHONY FERULLOVP OF FINANCE & COO
Officer
60$370,454$107,626
SARA QUAYPROVOST
Key employee
50$294,885$56,222
BRYAN CAIN - SVP STUD& EXT ENG/INTERIM PRES (AS OF 04/25)
Trustee or director, Officer
40$284,023$49,127
AMY SMITHDEAN, SCHOOL OF NURSING
Highest-paid employee
40$262,369$48,740
PATRICK HEWETTVP INSTITUTIONAL ADVANCEMENT
Highest-paid employee
40$246,014$56,098
RICHARD GAGNONASSOCIATE VP, FACILITIES OPERATIONS
Highest-paid employee
40$206,196$95,331
MEGHAN MONACOVP ADMISSIONS & FINANCIAL AID
Key employee
50$234,899$30,046
BRANDI JOHNSONVP AND CHIEF DIVERSITY OFFICER
Highest-paid employee
40$206,956$56,238
KATE WHITEVP HUMAN RESOURCES
Highest-paid employee
40$195,945$45,884
THOMAS J ALEXANDERTRUSTEE
Trustee or director
2$0$0
SAMUEL CABOT IIITRUSTEE
Trustee or director
2$0$0
NANCY KEEFE CLARKETRUSTEE
Trustee or director
2$0$0
TIM COLLINSTRUSTEE
Trustee or director
2$0$0
JAMES DEMERSTRUSTEE
Trustee or director
2$0$0
22 more people on this return
NameTitleHours / weekCompensation
ANAITA DUATRUSTEE
Trustee or director
2$0
DR HARRY DUMAYTRUSTEE
Trustee or director
2$0
F SAMUEL EBERTS IIITRUSTEE
Trustee or director
2$0
PETER FLAHERTYTRUSTEE
Trustee or director
2$0
NANCY FRATESTRUSTEE
Trustee or director
2$0
MELISSA HEMPSTEADTRUSTEE - CHAIR
Trustee or director, Officer
2$0
GALEN HOTRUSTEE
Trustee or director
2$0
MARGARET JANESTRUSTEE
Trustee or director
2$0
MICHELLE LABOSSIERETRUSTEE - TREASURER
Trustee or director, Officer
2$0
JOHN MACNEILTRUSTEE - CLERK
Trustee or director, Officer
2$0
MARSHA MCDONOUGHTRUSTEE (THRU 03/2025)
Trustee or director
2$0
LINDA MILLEYTRUSTEE
Trustee or director
2$0
JON PAYSONTRUSTEE
Trustee or director
2$0
MICHAEL ROCKETTTRUSTEE (THRU 03/2025)
Trustee or director
2$0
JEFF SCOLATRUSTEE (AS OF 10/2024)
Trustee or director
2$0
JOANNA SCHULMANTRUSTEE
Trustee or director
2$0
ELIZABETH SCHWARTZTRUSTEE
Trustee or director, Officer
2$0
DOUGLAS SEYMOURTRUSTEE - VICE CHAIR
Trustee or director, Officer
2$0
MICHAEL SHEEHANTRUSTEE
Trustee or director
2$0
GLEN THORNBOROUGHTRUSTEE
Trustee or director
2$0
RAVI VIGTRUSTEE
Trustee or director
2$0
SHEILA WALSHTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2024: 40 people
NameTitleHours / weekCompensationOther / benefits
STEVEN R DISALVOPRESIDENT
Trustee or director, Officer
60$605,699$195,936
ANTHONY FERULLOVP OF FINANCE & COO
Officer
60$324,315$83,687
SARA QUAYPROVOST
Key employee
50$291,075$54,744
AMY SMITHDEAN, SCHOOL OF NURSING
Highest-paid employee
40$257,797$49,064
BRYAN CAINSVP STUDENT AND EXTERNAL ENGAGEMENT
Highest-paid employee
40$259,392$39,686
PATRICK HEWETTVP INSTITUTIONAL ADVANCEMENT
Highest-paid employee
40$233,181$65,631
BRIAN WYLIEASST VP/DIRECTOR OF ATHLETICS
Highest-paid employee
40$199,790$66,263
BRANDI JOHNSONVP AND CHIEF DIVERSITY OFFICER
Highest-paid employee
40$198,876$53,225
MEGHAN MONACOVP ADMISSIONS & FINANCIAL AID
Key employee
50$200,239$27,048
THOMAS J ALEXANDERTRUSTEE
Trustee or director
2$0$0
SAMUEL CABOT IIITRUSTEE
Trustee or director
2$0$0
NANCY KEEFE CLARKETRUSTEE
Trustee or director
2$0$0
TIM COLLINSTRUSTEE
Trustee or director
2$0$0
JAMES DEMERSTRUSTEE
Trustee or director
2$0$0
SUSAN DOWLINGTRUSTEE
Trustee or director
2$0$0
ANAITA DUATRUSTEE (AS OF 03/2024)
Trustee or director
2$0$0
DR HARRY DUMAYTRUSTEE
Trustee or director
2$0$0
F SAMUEL EBERTS IIITRUSTEE
Trustee or director
2$0$0
R ROBERT FANNING JRTRUSTEE
Trustee or director
2$0$0
PETER FLAHERTYTRUSTEE
Trustee or director
2$0$0
NANCY FRATESTRUSTEE
Trustee or director
2$0$0
ROBERT GORETRUSTEE
Trustee or director
2$0$0
MELISSA HEMPSTEADTRUSTEE - CHAIR
Trustee or director, Officer
2$0$0
GALEN HOTRUSTEE (AS OF 03/2024)
Trustee or director
2$0$0
RICHARD HUTCHINSONTRUSTEE (THRU 10/2023)
Trustee or director
2$0$0
MARGARET JANESTRUSTEE
Trustee or director
2$0$0
MICHELLE LABOSSIERETRUSTEE - TREASURER
Trustee or director, Officer
2$0$0
JOHN MACNEILTRUSTEE - CLERK
Trustee or director, Officer
2$0$0
MARSHA MCDONOUGHTRUSTEE
Trustee or director
2$0$0
AYUNE MICHELTRUSTEE
Trustee or director
2$0$0
LINDA MILLEYTRUSTEE
Trustee or director
2$0$0
JON PAYSONTRUSTEE
Trustee or director
2$0$0
MICHAEL ROCKETTTRUSTEE
Trustee or director
2$0$0
JOANNA SCHULMANTRUSTEE
Trustee or director
2$0$0
ELIZABETH SCHWARTZTRUSTEE
Trustee or director, Officer
2$0$0
DOUGLAS SEYMOURTRUSTEE - VICE CHAIR
Trustee or director, Officer
2$0$0
MICHAEL SHEEHANTRUSTEE
Trustee or director
2$0$0
GLEN THORNBOROUGHTRUSTEE (AS OF 03/2024)
Trustee or director
2$0$0
RAVI VIGTRUSTEE
Trustee or director
2$0$0
SHEILA WALSHTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
376 HALE ST, BEVERLY, MA 01915-2096
In care of
% ANTHONY FERULLO
Principal officer (990 for 2024)
BRYAN CAIN PHD, 376 HALE STREET, BEVERLY, MA 01915
Signed the 990
ANTHONY FERULLO, CFO
Phone
(978) 232-2384
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

ENDICOTT COLLEGE OFFERS STUDENTS A VIBRANT ACADEMIC ENVIRONMENT THAT REMAINS TRUE TO ITS FOUNDING PRINCIPLE OF INTEGRATING PROFESSIONAL AND LIBERAL ARTS WITH EXPERIENTIAL LEARNING. FOR MORE INFORMATION SEE SCHEDULE O.

990 for the year ended June 30, 2025

Program accomplishments

  • *EDUCATION AND AUXILIARY* SEE SCHEDULE O. *EDUCATION AND AUXILIARY*ENDICOTT'S UNDERGRADUATE COLLEGE OFFERS BACHELOR OF FINE ARTS, BACHELOR OF ART, AND BACHELOR OF SCIENCE DEGREES. TRADITIONAL UNDERGRADUATE ENROLLMENT FOR FALL 2024 WAS APPROXIMATELY 3,100 STUDENTS. ENDICOTT'S GRADUATE AND VAN LOAN PROFESSIONAL STUDIES PROGRAMS GRANT ASSOCIATE IN ARTS, ASSOCIATE IN SCIENCE, BACHELOR OF ARTS, BACHELOR OF SCIENCE, MASTER OF ARTS, MASTER OF EDUCATION, MASTER OF SCIENCE, MASTER OF BUSINESS ADMINISTRATION, DOCTOR OF EDUCATION, DOCTOR OF NURSING PRACTICE, AND DOCTOR OF PHILOSOPHY DEGREES. ENROLLMENT IN THE GRADUATE AND VAN LOAN PROFESSIONAL STUDIES PROGRAMS WAS APPROXIMATELY 1,200 STUDENTS AS OF FALL 2024, INCLUDING PROGRAMS IN BEVERLY, MASSACHUSETTS, MADRID, SPAIN, SWITZERLAND, AND ONLINE. ENDICOTT COLLEGE'S ACADEMIC OFFERINGS PROVIDE UNDERGRADUATES WITH AN ENRICHING AND CHALLENGING EDUCATIONAL EXPERIENCE. STUDENTS SELECT FROM A BROAD ARRAY OF MAJOR AND MINOR PROGRAM OFFERINGS WHICH ARE AUGMENTED BY COURSEWORK IN THE LIBERAL ARTS AND REQUIRED EXPERIENTIAL LEARNING OPPORTUNITIES WITHIN THEIR PROFESSIONAL AREAS OF STUDY.OF THE TOTAL UNDERGRADUATE ENROLLMENT, NEARLY 86% LIVE ON CAMPUS. THE COLLEGE OFFERS A LARGE VARIETY OF RESIDENCE HALL OPTIONS, RANGING FROM TRADITIONAL TO APARTMENT-STYLE HOUSING. FACILITIES CONSIST OF CONVERTED MANSIONS, SMALL HOUSES, TOWNHOUSES, AND LARGER RESIDENCE HALLS. FOR THE FALL 2024 SEMESTER, 2,861 STUDENTS WERE RESIDENTIAL STUDENTS, INCLUDING APPOXIMATELY 166 STUDENTS WHO WERE STUDYING ABROAD AND EXPECTED BACK IN THE SPRING SEMESTER. ALL RESIDENT STUDENTS ON CAMPUS MUST ENROLL IN ONE OF FOUR MEAL PLANS OFFERED DURING THE ACADEMIC YEAR. DINING OPTIONS INCLUDE A LARGE DINING HALL, TWO CAFES, AND A LODGE.
    Expenses $151,218,659 · grants $53,471,723 · revenue $199,481,499
  • *ACADEMIC SUPPORT* SEE SCHEDULE O. *ACADEMIC SUPPORT*ENDICOTT OFFERS STUDENTS VARIOUS PROGRAMS AND FACILITIES TO ENHANCE AND ENCOURAGE THEIR ACTIVE PARTICIPATION IN THE INTELLECTUAL LIFE OF THE COLLEGE AND PROMOTE THEIR SUCCESSFUL PERFORMANCE IN THE CLASSROOM. THIS IS ACCOMPLISHED THROUGH STATE-OF-THE-ART ACADEMIC TECHNOLOGY, THE DIANE M. HALLE LIBRARY, ACADEMIC ADMINISTRATION, ACADEMIC RESOURCES AND STUDENT SUCCESS, AND THE SINGLE PARENT PROGRAM.
    Expenses $7,726,648
  • *STUDENT SERVICES* SEE SCHEDULE O. *STUDENT SERVICES* STUDENT SERVICES SUPPORT THE ACADEMIC AND PERSONAL DEVELOPMENT OF EACH STUDENT THROUGH A VARIETY OF OFFICES AND PROGRAMS, INCLUDING STUDENT ACTIVITIES, PERSONAL COUNSELING, HEALTH, COMMUNITY SERVICE, AND ATHLETIC PROGRAMS. EXPERIENCE BEYOND THE CLASSROOM SETTING AFFORDS STUDENTS WITH OPPORTUNITIES TO GAIN A GREATER UNDERSTANDING AND APPRECIATION OF SELF, OTHERS, AND THE WORLD AROUND THEM. THE STUDENT AFFAIRS DIVISION IS DESIGNED TO COMPLEMENT AND SUPPLEMENT THE ACADEMIC EXPERIENCE OF EVERY STUDENT. OTHER FUNCTIONS INCLUDED IN STUDENT SERVICES INCLUDE THE ADMISSIONS, FINANCIAL AID, REGISTRAR, AND CAREER DEVELOPMENT. BOOKSTORE AND VENDING REVENUE IS CONSIDERED RELATED TO STUDENT SERVICES.
    Expenses $22,059,742 · revenue $513,286
  • CONFERENCE AND EDUCATION SERVICES/OTHER
    Expenses $7,641,002 · grants $166,667 · revenue $17,234,564

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
04-2103567
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
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$551,769,836
Income (IRS master file)
$251,054,577

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$226,515,417$215,430,999$551,769,836IRS
990-TJune 2025–––IRS
990June 2024$212,397,622$197,361,761$535,358,364IRS
990-TJune 2024–––IRS
990June 2023$195,920,645$173,255,915$508,070,133IRS
990-TJune 2023–––IRS
990June 2022$187,900,007$161,389,306$468,482,984IRS
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 04-2103567).

Questions about ENDICOTT COLLEGE

What is the EIN of ENDICOTT COLLEGE?
The employer identification number (EIN) of ENDICOTT COLLEGE is 04-2103567.
Is ENDICOTT COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to ENDICOTT COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ENDICOTT COLLEGE 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 ENDICOTT COLLEGE 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 ENDICOTT COLLEGE 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 ENDICOTT COLLEGE?
The 990 for the year ended June 30, 2025 names BRYAN CAIN PHD.
Who are the officers and directors of ENDICOTT COLLEGE?
The 990 for the year ended June 30, 2025 lists 37 people; 10 received compensation from the organization, the highest $622,413 (STEVEN R DISALVO, PRESIDENT (ON LEAVE AS OF 04/2025)).
How much revenue does ENDICOTT COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $226,515,417, expenses of $215,430,999 and total assets of $551,769,836 at year end.

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