Nonprofit · EIN 04-2104700
MCPHS UNIVERSITY
Tax-exempt · BOSTON, MA 02115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $456,475,330 | $303,181,639 | $153,293,691 | $2,452,106,199 | $143,991,684 | $2,308,114,515 |
| June 30, 2024 | 990 | $351,899,896 | $295,156,173 | $56,743,723 | $2,232,149,877 | $152,753,503 | $2,079,396,374 |
| June 30, 2023 | 990 | $342,287,085 | $284,766,135 | $57,520,950 | $2,010,373,778 | $142,594,304 | $1,867,779,474 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,811,906
- of which government grants
- $2,767,550
- Program service revenue
- $301,883,302
- Investment income
- $145,778,155
- Net rental income
- $5,001,967
- Net gain from sales of assets
- $100,596,872
- Other revenue
- $5,001,967
Expenses
- Grants and similar amounts paid
- $68,167,812
- Compensation of officers, directors and key employees
- $6,224,469
- Other salaries and wages
- $116,809,368
- Salaries, compensation and benefits (total)
- $160,524,233
- Professional fundraising fees
- $0
- Legal fees
- $707,934
- Accounting fees
- $208,134
- Occupancy
- $22,331,668
- Travel
- $1,596,814
- Depreciation
- $12,651,831
- Program services (functional)
- $274,745,413
- Management and general (functional)
- $27,328,775
- Fundraising (functional)
- $1,107,451
Balance sheet and other
- Total assets, start of year
- $2,232,149,877
- Total assets, end of year
- $2,452,106,199
- Total liabilities, end of year
- $143,991,684
- Net assets, end of year
- $2,308,114,515
- Land, buildings and equipment
- $178,944,317
- Publicly traded securities
- $1,011,192,319
- Net assets without donor restrictions
- $2,253,540,305
- Net assets with donor restrictions
- $54,574,210
- Gross unrelated business income
- -$149,365
- Gross receipts
- $757,428,592
- Employees
- 3,041
- Volunteers
- 80
- Year formed
- 1852
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD J LESSARD | PRESIDENT Officer | 55 | $1,358,888 | $431,664 |
| CAROLINE ZEIND | VPAA - PROVOST Officer | 55 | $765,817 | $182,414 |
| KEITH A BELLUCCI | CHIEF FINANCIAL OFFICER Officer | 55 | $638,935 | $171,171 |
| THOMAS A SCANLON | CHIEF INFORMATION OFFICER Key employee | 55 | $488,615 | $54,891 |
| CHARLES BRECKLING | CHIEF DIGITAL MARKETING OFFICER Highest-paid employee | 55 | $380,620 | $67,580 |
| ROBERT DICENZO | DEAN Key employee | 55 | $388,979 | $54,794 |
| KEVIN M DOLAN | CHIEF HUMAN RESOURCES OFFICER Key employee | 55 | $374,067 | $52,041 |
| KEVIN M MCGOVERN | SOFTWARE DIRECTOR Highest-paid employee | 55 | $345,263 | $54,502 |
| ASHLEIGH C JONES | CHIEF BUSINESS OFFICER Key employee | 55 | $337,433 | $61,461 |
| FREDERICK FRANKHAUSER | PROFESSOR Highest-paid employee | 55 | $324,517 | $57,837 |
| TAMMY GRAVEL | DEAN Highest-paid employee | 55 | $308,916 | $64,219 |
| SUSAN L GORMAN | CHIEF ADVANCEMENT OFFICER Key employee | 55 | $318,422 | $50,841 |
| DELIA M ANDERSON | DEAN Highest-paid employee | 55 | $312,740 | $52,442 |
| ERIC THOMPSON | CHIEF ENROLLMENT OFFICER Key employee | 55 | $316,265 | $39,833 |
| STEPHEN KERR | FMR. INTERIM DEAN/CURR. ASSOC. PROVOST Former | 55 | $264,399 | $48,133 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEIDI SNYDER | TRUSTEE Trustee or director | 5 | $0 |
| RICHARD E GRIFFIN | TRUSTEE Trustee or director | 5 | $0 |
| MICHAEL SEARVANCE | TRUSTEE Trustee or director | 5 | $0 |
| MARYESTHER L FOURNIER | TRUSTEE Trustee or director | 5 | $0 |
| MARIE DYER | TRUSTEE Trustee or director | 5 | $0 |
| LESLEY L WALLS | TRUSTEE Trustee or director | 5 | $0 |
| LAURA CHAN | TRUSTEE Trustee or director | 5 | $0 |
| CAROL BRIGHT | TRUSTEE Trustee or director | 5 | $0 |
| GARY J KERR | TRUSTEE Trustee or director | 5 | $0 |
| GAIL P BUCHER | TRUSTEE Trustee or director | 5 | $0 |
| KAREN TUBRIDY | TRUSTEE Trustee or director | 5 | $0 |
| EMERY W JOHNSON | TRUSTEE Trustee or director | 5 | $0 |
| DAVID L MAHER | EX-OFFICIO TRUSTEE Trustee or director | 5 | $0 |
| CHRISTOPHER FLYNN | TRUSTEE Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD J LESSARD | PRESIDENT Officer | 55 | $1,317,044 | $303,603 |
| CAROLINE ZEIND | VPAA - PROVOST Officer | 55 | $742,393 | $171,767 |
| KEITH A BELLUCCI | CHIEF FINANCIAL OFFICER Officer | 55 | $617,370 | $151,767 |
| THOMAS A SCANLON | CHIEF INFORMATION OFFICER Key employee | 55 | $471,565 | $50,401 |
| CHARLES BRECKLING | CHIEF DIGITAL MARKETING OFFICER Highest-paid employee | 55 | $366,430 | $61,886 |
| ROBERT DICENZO | DEAN Key employee | 55 | $361,825 | $54,671 |
| KEVIN M DOLAN | CHIEF HUMAN RESOURCES OFFICER Key employee | 55 | $356,335 | $48,301 |
| KEVIN M MCGOVERN | SOFTWARE DIRECTOR Highest-paid employee | 55 | $332,766 | $50,183 |
| ASHLEIGH C JONES | CHIEF BUSINESS OFFICER Key employee | 55 | $316,777 | $57,206 |
| TAMMY GRAVEL | DEAN Highest-paid employee | 55 | $295,551 | $59,858 |
| DELIA M ANDERSON | DEAN Highest-paid employee | 55 | $300,320 | $49,180 |
| SUSAN L GORMAN | CHIEF ADVANCEMENT OFFICER Key employee | 55 | $301,195 | $47,651 |
| ANNA MORIN | ASSOCIATE PROVOST Highest-paid employee | 55 | $282,641 | $47,925 |
| ERIC THOMPSON | CHIEF ENROLLMENT OFFICER Key employee | 55 | $290,935 | $36,268 |
| STEPHEN KERR | FMR. INTERIM DEAN/CURRENT PROFESSOR Former | 55 | $252,762 | $55,416 |
| CAROL BRIGHT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GAIL P BUCHER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LAURA CHAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARIE DYER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRISTOPHER FLYNN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARYESTHER L FOURNIER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RICHARD E GRIFFIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| EMERY W JOHNSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY J KERR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID L MAHER | EX-OFFICIO TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL SEARVANCE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| HEIDI SNYDER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KAREN TUBRIDY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LESLEY L WALLS | TRUSTEE Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICHARD J LESSARD | PRESIDENT Officer | 55 | $1,249,932 | $300,083 |
| CAROLINE ZEIND | VPAA - PROVOST Officer | 55 | $714,160 | $162,854 |
| KEITH A BELLUCCI | CHIEF FINANCIAL OFFICER Officer | 55 | $593,826 | $151,580 |
| THOMAS A SCANLON | CHIEF INFORMATION OFFICER Key employee | 55 | $451,403 | $47,894 |
| CHARLES BRECKLING | CHIEF DIGITAL MARKETING OFFICER Highest-paid employee | 55 | $344,724 | $58,365 |
| KEVIN M DOLAN | CHIEF HUMAN RESOURCES OFFICER Key employee | 55 | $328,536 | $45,682 |
| KEVIN M MCGOVERN | SOFTWARE DIRECTOR Highest-paid employee | 55 | $311,035 | $47,932 |
| ASHLEIGH C JONES | CHIEF BUSINESS OFFICER Key employee | 55 | $295,970 | $54,110 |
| TAMMY GRAVEL | DEAN Highest-paid employee | 55 | $281,547 | $56,513 |
| ROBERT DICENZO | DEAN Key employee | 55 | $312,619 | $23,118 |
| SUSAN L GORMAN | CHIEF ADVANCEMENT OFFICER Key employee | 55 | $287,278 | $45,428 |
| DELIA M ANDERSON | DEAN Highest-paid employee | 55 | $280,980 | $46,862 |
| ANNA MORIN | ASSOCIATE PROVOST Highest-paid employee | 55 | $268,877 | $45,639 |
| ERIC THOMPSON | CHIEF ENROLLMENT OFFICER Key employee | 55 | $270,937 | $34,078 |
| STEPHEN KERR | FMR. INTERIM DEAN/CURRENT PROFESSOR Former | 55 | $227,603 | $51,164 |
| CAROL BRIGHT | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GAIL P BUCHER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LAURA CHAN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARIE DYER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| CHRISTOPHER FLYNN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| MARYESTHER L FOURNIER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| RICHARD E GRIFFIN | TRUSTEE Trustee or director | 5 | $0 | $0 |
| EMERY W JOHNSON | TRUSTEE Trustee or director | 5 | $0 | $0 |
| GARY J KERR | TRUSTEE Trustee or director | 5 | $0 | $0 |
| DAVID L MAHER | EX-OFFICIO TRUSTEE Trustee or director | 5 | $0 | $0 |
| MICHAEL SEARVANCE | TRUSTEE Trustee or director | 5 | $0 | $0 |
| HEIDI SNYDER | TRUSTEE Trustee or director | 5 | $0 | $0 |
| KAREN TUBRIDY | TRUSTEE Trustee or director | 5 | $0 | $0 |
| LESLEY L WALLS | TRUSTEE Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 179 LONGWOOD AVE, BOSTON, MA 02115-5804
- In care of
- % KEITH A BELLUCCI
- Principal officer (990 for 2024)
- RICHARD J LESSARD, 179 LONGWOOD AVENUE, BOSTON, MA 02115
- Signed the 990
- KEITH A BELLUCCI, CHIEF FINANCIAL OFFICER
- Phone
- (617) 732-2800
- Website
- WWW.MCPHS.EDU
- Return prepared by
- CBIZ ADVISORS LLC
Mission
MCPHS UNIVERSITY PREPARES STUDENTS FOR CAREERS IN HEALTH CARE THROUGH TEACHING, SCHOLARSHIP, RESEARCH, PROFESSIONAL SERVICE AND COMMUNITY ENGAGEMENT.
Program accomplishments
- THE UNIVERSITY PROVIDED EDUCATIONAL PROGRAMS TO STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES IN PHARMACY AND HEALTH SCIENCE DISCIPLINES.Expenses $258,123,963 · grants $68,167,812 · revenue $281,813,373
- THE UNIVERSITY PROVIDED RESIDENCE HALL ACCOMODATIONS FOR STUDENTS.Expenses $16,237,683 · revenue $20,030,317
- THE UNIVERSITY PROVIDED CONTINUING EDUCATION COURSES AND PROGRAMS FOR PHARMACISTS AND OTHER HEALTH CARE PROFESSIONALS.Expenses $383,767 · revenue $39,612
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 04-2104700
- 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
- 1934
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B500)
- Assets (IRS master file)
- $2,452,106,199
- Income (IRS master file)
- $757,428,592
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $456,475,330 | $303,181,639 | $2,452,106,199 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $351,899,896 | $295,156,173 | $2,232,149,877 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $342,287,085 | $284,766,135 | $2,010,373,778 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $425,452,913 | $278,238,989 | $1,828,702,247 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 04-2104700).
Questions about MCPHS UNIVERSITY
- What is the EIN of MCPHS UNIVERSITY?
- The employer identification number (EIN) of MCPHS UNIVERSITY is 04-2104700.
- Is MCPHS UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1934.
- Are donations to MCPHS UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MCPHS UNIVERSITY 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 MCPHS UNIVERSITY 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 MCPHS UNIVERSITY 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 MCPHS UNIVERSITY?
- The 990 for the year ended June 30, 2025 names RICHARD J LESSARD.
- Who are the officers and directors of MCPHS UNIVERSITY?
- The 990 for the year ended June 30, 2025 lists 29 people; 15 received compensation from the organization, the highest $1,358,888 (RICHARD J LESSARD, PRESIDENT).
- How much revenue does MCPHS UNIVERSITY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $456,475,330, expenses of $303,181,639 and total assets of $2,452,106,199 at year end.
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