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Nonprofit · EIN 06-0646623

FAIRFIELD UNIVERSITY

Tax-exempt · FAIRFIELD, CT 06824

Financials

$424.5M$384.7M2022$489.3M$432.4M2023$558.6M$473.9M2024
Revenue Expenses · by fiscal year end
Financials of FAIRFIELD UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$558,598,313$473,872,011$84,726,302$1,304,678,399$349,739,686$954,938,713
June 30, 2024990$489,308,458$432,418,916$56,889,542$1,209,670,431$358,412,879$851,257,552
June 30, 2023990$424,528,036$384,746,576$39,781,460$1,146,008,194$368,291,521$777,716,673
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$71,094,862
of which government grants
$4,813,943
Program service revenue
$449,155,242
Investment income
$36,803,393
Net rental income
$1,570,932
Net gain from sales of assets
$25,075,205
Net income from fundraising events
-$26,116
Other revenue
$1,544,816

Expenses

Grants and similar amounts paid
$139,754,522
Compensation of officers, directors and key employees
$4,147,852
Other salaries and wages
$136,376,402
Salaries, compensation and benefits (total)
$192,589,930
Professional fundraising fees
$327,262
Legal fees
$687,018
Accounting fees
$344,642
Occupancy
$13,417,595
Travel
$6,343,330
Depreciation
$30,581,482
Program services (functional)
$395,570,633
Management and general (functional)
$66,862,965
Fundraising (functional)
$11,438,413

Balance sheet and other

Total assets, start of year
$1,209,670,431
Total assets, end of year
$1,304,678,399
Total liabilities, end of year
$349,739,686
Net assets, end of year
$954,938,713
Land, buildings and equipment
$589,155,689
Publicly traded securities
$405,839,557
Net assets without donor restrictions
$513,688,722
Net assets with donor restrictions
$441,249,991
Gross unrelated business income
$184,635
Gross receipts
$785,216,958
Employees
3,771
Volunteers
830
Year formed
1942
State of legal domicile
CT

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
MARK R NEMEC PHDPRESIDENT
Trustee or director, Officer
45$907,966$187,395
CHRISTINE SIEGELPROVOST & SR VP ACADEMICS
Key employee
45$526,034$85,080
PAUL SCHLICKMANNVP OF ATHLETICS
Highest-paid employee
45$497,036$86,960
ZHAN LIDEAN, SCHOOL OF BUSINESS
Highest-paid employee
45$498,364$49,420
MICHAEL TRAFECANTEVP FOR FINANCE, CFO & TREASURER
Officer
45$383,591$160,848
JOANNE WILLIAMSSR VP FOR FINANCE & ADMIN
Key employee
45$474,082$51,204
WALTER HALASVP OF ADVANCEMENT
Highest-paid employee
45$427,725$74,177
CHRISTOPHER CASEYMEN'S BASKETBALL COACH
Highest-paid employee
45$389,140$85,060
CORY UNISVP FOR ENROLLMENT MANAGEMENT
Highest-paid employee
45$371,760$82,202
RICHARD GREENWALDDEAN, SCHOOL OF CAS
Key employee
45$305,649$77,278
DAVID FRASSINELLIVP of Facilities, Campus & Auxiliary Services
Key employee
45$302,678$62,050
KRISTINE CARROLLSECRETARY
Officer
45$79,449$62,038
ANDREW J MCMAHONTRUSTEE
Trustee or director
1$0$0
BRIAN P HULLTRUSTEE
Trustee or director
5$0$0
CHRISTOPHER C DESMARAISTRUSTEE
Trustee or director
5$0$0
27 more people on this return
NameTitleHours / weekCompensation
CHRISTOPHER C QUICKTRUSTEE
Trustee or director
1$0
CLINTON A LEWIS JRTRUSTEE
Trustee or director
1$0
DAGAN T KASAVANATRUSTEE
Trustee or director
5$0
DOUGLAS W HAMMONDTRUSTEE
Trustee or director
1$0
ELNER L MORRELLTRUSTEE
Trustee or director
1$0
HUGH DAVISTRUSTEE
Trustee or director
1$0
JOHN C MEDITZTRUSTEE
Trustee or director
5$0
JORGE A CHILUISATRUSTEE
Trustee or director
5$0
KATHLEEN RAFFERTY HAYTRUSTEE (AS OF 7-1-2024)
Trustee or director
1$0
KEVIN P CANNONTRUSTEE
Trustee or director
5$0
LISA M FERRAROTRUSTEE
Trustee or director
5$0
MARK P EGANTRUSTEE (AS OF 7-1-2024)
Trustee or director
1$0
MARY RYAN CUNNINGHAMTRUSTEE
Trustee or director
1$0
MAUREEN ERRITY BUJNOTRUSTEE
Trustee or director
5$0
PATRICIA E GLASSFORDTRUSTEE
Trustee or director
5$0
PHILLIP J NEUGEBAUERTRUSTEE
Trustee or director
1$0
REV CHRISTOPHER J DEVRON SJTRUSTEE
Trustee or director
1$0
Rev Gerald Blaszczak SJTRUSTEE (AS OF 7-1-2024)
Trustee or director
1$0
REV GREGORY KALSCHEUR SJTRUSTEE
Trustee or director
5$0
REV GREGORY M GOETHALS SJTRUSTEE
Trustee or director
5$0
REV MARIO A POWELL SJTRUSTEE
Trustee or director
1$0
ROBERT J MURPHY JRTRUSTEE
Trustee or director
5$0
ROSELLEN WALSH SCHNURRTRUSTEE
Trustee or director
5$0
SHELAGH MAHONEY-MCNAMEETRUSTEE
Trustee or director
1$0
SHELIA KEARNEY DAVIDSONTRUSTEE
Trustee or director
5$0
STEPHEN M LESSINGTRUSTEE
Trustee or director
1$0
THOMAS J FANNING SRTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 42 people
NameTitleHours / weekCompensationOther / benefits
JOHN YOUNGHEAD MBB COACH (end 10-16-2023)
Highest-paid employee
45$1,061,638$63,003
MARK R NEMEC PHDPRESIDENT
Trustee or director, Officer
45$825,357$134,563
CHRISTINE SIEGELPROVOST & SR VP ACADEMICS
Key employee
45$508,514$82,320
MICHAEL TRAFECANTEVP FOR FINANCE, CFO & TREASURER
Officer
45$363,130$153,914
ZHAN LIDEAN, SCHOOL OF BUSINESS
Highest-paid employee
45$462,668$49,897
JOANNE WILLIAMSSR VP FOR FINANCE & ADMIN
Key employee
45$457,186$52,843
WALTER HALASVP OF ADVANCEMENT
Highest-paid employee
45$414,525$74,892
LAURIE MCCARTHYDean, School of Edu and Human Development (end 5-31-2023)
Highest-paid employee
45$459,504$10,599
PAUL SCHLICKMANNVP OF ATHLETICS
Highest-paid employee
45$378,940$84,707
RICHARD GREENWALDDEAN, SCHOOL OF CAS
Key employee
45$284,468$75,973
DAVID FRASSINELLIVP OF FACILITIES, CAMPUS & AUXILIARY SERVICES
Key employee
45$289,294$60,970
KRISTINE CARROLLSECRETARY
Officer
45$76,248$61,957
ANDREW J McMAHONTRUSTEE (AS OF 7-1-2023)
Trustee or director
5$0$0
BRIAN P HULLTRUSTEE
Trustee or director
5$0$0
CHRISTOPHER C DESMARAISTRUSTEE
Trustee or director
5$0$0
CHRISTOPHER C QUICKTRUSTEE
Trustee or director
1$0$0
CLINTON A LEWIS JRTRUSTEE
Trustee or director
1$0$0
DAGAN T KASAVANATRUSTEE
Trustee or director
1$0$0
DOUGLAS W HAMMONDTRUSTEE
Trustee or director
1$0$0
ELNER L MORRELLTRUSTEE
Trustee or director
1$0$0
GAVIN G O'CONNORTRUSTEE
Trustee or director
1$0$0
HUGH DAVISTRUSTEE
Trustee or director
1$0$0
JOHN C MEDITZTRUSTEE
Trustee or director
5$0$0
JORGE A CHILUISATRUSTEE
Trustee or director
1$0$0
KEVIN P CANNONTRUSTEE
Trustee or director
5$0$0
LISA M FERRAROTRUSTEE
Trustee or director
1$0$0
MARY RYAN CUNNINGHAMTRUSTEE
Trustee or director
1$0$0
MAUREEN ERRITY BUJNOTRUSTEE
Trustee or director
1$0$0
NANCY A ALTOBELLOTRUSTEE
Trustee or director
5$0$0
PATRICIA E GLASSFORDTRUSTEE
Trustee or director
5$0$0
PHILLIP J NEUGEBAUERTRUSTEE
Trustee or director
1$0$0
REV CHRISTOPHER J DEVRON SJTRUSTEE (AS OF 7-1-2023)
Trustee or director
5$0$0
REV GREGORY A KALSCHEUR SJTRUSTEE
Trustee or director
5$0$0
REV GREGORY M GOETHALS SJTRUSTEE (AS OF 7-1-2023)
Trustee or director
1$0$0
REV JOHN P MULREANY SJTRUSTEE (AS OF 7-1-2023)
Trustee or director
1$0$0
REV MARIO M POWELL SJTRUSTEE
Trustee or director
1$0$0
ROBERT J MURPHY JRTRUSTEE
Trustee or director
5$0$0
ROSELLEN WALSH SCHNURRTRUSTEE
Trustee or director
5$0$0
SHEILA KEARNEY DAVIDSONTRUSTEE
Trustee or director
5$0$0
SHELAGH MAHONEY-MCNAMEETRUSTEE
Trustee or director
1$0$0
STEPHEN M LESSINGTRUSTEE
Trustee or director
1$0$0
THOMAS J FANNING SRTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 44 people
NameTitleHours / weekCompensationOther / benefits
MARK R NEMEC PHDPRESIDENT
Trustee or director, Officer
45$731,563$126,390
JOHN YOUNGHEAD MBB COACH
Highest-paid employee
45$437,649$63,459
CHRISTINE SIEGELPROVOST & SR VP ACADEMICS
Key employee
45$419,943$74,559
MICHAEL TRAFECANTEVP FOR FINANCE, CFO & TREASURER
Officer
45$347,370$141,210
WALTER HALASVP OF ADVANCEMENT
Highest-paid employee
45$401,215$65,426
ZHAN LIDEAN, SCHOOL OF BUSINESS
Highest-paid employee
45$401,490$50,425
PAUL SCHLICKMANNDIRECTOR OF ATHLETICS
Highest-paid employee
45$355,107$77,030
CORRY UNISVP FOR ENROLLMENT MANAGEMENT
Highest-paid employee
45$309,316$72,368
JOANNE WILLIAMSSR VP OF FINANCE & ADMIN
Key employee
45$322,286$44,603
KEVIN LAWLORFORMER EXEC. VICE PRESIDENT
Former
0$364,176$2,000
RICHARD GREENWALDDEAN, SCHOOL OF CAS
Key employee
45$250,081$69,263
DAVID FRASSINELLIVICE PRESIDENT OF FACILITIES
Key employee
45$240,005$54,109
KRISTINE CARROLLSECRETARY
Officer
45$74,708$53,770
NANCY A ALTOBELLOTRUSTEE
Trustee or director
5$0$0
REV JOHN F BALDOVIN SJTRUSTEE
Trustee or director
1$0$0
MAUREEN ERRITY BUJNOTRUSTEE (AS OF 7-1-2022)
Trustee or director
1$0$0
KEVIN P CANNONTRUSTEE
Trustee or director
5$0$0
FRANK J CARROLL IIITRUSTEE
Trustee or director
5$0$0
JORGE A CHILUISATRUSTTE
Trustee or director
1$0$0
WILLIAM C CRAGERTRUSTEE
Trustee or director
1$0$0
MARY RYAN CUNNINGHAMTRUSTEE
Trustee or director
1$0$0
SHEILA KEARNEY DAVIDSONTRUSTEE
Trustee or director
5$0$0
HUGH DAVISTRUSTEE (AS OF 7-1-2022)
Trustee or director
1$0$0
CHRISTOPHER C DESMARAISTRUSTEE
Trustee or director
5$0$0
THOMAS J FANNING SRTRUSTEE
Trustee or director
1$0$0
LISA M FERRAROTRUSTEE
Trustee or director
1$0$0
PATRICIA E GLASSFORDTRUSTEE
Trustee or director
1$0$0
DOUGLAS W HAMMONDTRUSTEE
Trustee or director
1$0$0
BRIAN P HULLTRUSTEE
Trustee or director
5$0$0
REV GREGORY KALSCHEUR SJTRUSTEE
Trustee or director
1$0$0
DAGAN T KASAVANATRUSTEE
Trustee or director
1$0$0
STEPHEN M LESSINGTRUSTEE
Trustee or director
1$0$0
CLINTON A LEWIS JRTRUSTEE
Trustee or director
1$0$0
SHELAGH MAHONEY-MCNAMEETRUSTEE
Trustee or director
1$0$0
JOHN C MEDITZTRUSTEE
Trustee or director
5$0$0
ELNER L MORRELLTRUSTEE
Trustee or director
1$0$0
ROBERT J MURPHY JRTRUSTEE
Trustee or director
5$0$0
PHILLIP J NEUGEBAUERTRUSTEE
Trustee or director
1$0$0
GAVIN G O'CONNORTRUSTEE
Trustee or director
1$0$0
BIFF J O'REILLYTRUSTEE
Trustee or director
5$0$0
REV MARIO M POWELL SJTRUSTEE
Trustee or director
1$0$0
REV STEPHEN A PRIVETT SJTRUSTEE
Trustee or director
5$0$0
CHRISTOPHER C QUICKTRUSTEE
Trustee or director
1$0$0
ROSELLEN WALSH SCHNURRTRUSTEE
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
1073 N BENSON RD, FAIRFIELD, CT 06824-5171
In care of
% MICHAEL TRAFECANTE
Principal officer (990 for 2024)
MARK R NEMEC PHD, 1073 NORTH BENSON ROAD, FAIRFIELD, CT 06824
Signed the 990
MARK R NEMEC, PRESIDENT
Phone
(203) 254-4000
Return prepared by
KPMG LLP

Mission

TO ESTABLISH, ORGANIZE, MAINTAIN AND CONDUCT AN INSTITUTION FOR SECONDARY, UNDERGRADUATE AND GRADUATE EDUCATION IN THE STATE OF CONNECTICUT, AND TO PERFORM SUCH OTHER WORKS OF EDUCATION, CHARITY AND RELIGION. SEE SCHEDULE O.

990 for the year ended June 30, 2025

Program accomplishments

  • HIGHER LEARNING: FAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS AND INCLUDES A COLLEGE PREPARATORY SCHOOL. SEE SCHEDULE O.
    Expenses $332,212,014 · grants $137,576,878 · revenue $364,729,472
  • AUXILIARY SERVICES: AUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 3,925 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200-ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN APARTMENT STYLE RESIDENCE HALLS.
    Expenses $54,495,410 · grants $2,177,644 · revenue $77,076,816
  • OTHER ACTIVITIES: A VARIETY OF STUDENT SERVICES INCLUDING BUT NOT LIMITED TO ARTS AND ENTERTAINMENT AT THE QUICK CENTER, AND STUDENT ACTIVITIES FOR CLUB SPORTS.
    Expenses $8,863,209 · revenue $7,221,864

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
06-0646623
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
1943
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$1,304,678,399
Income (IRS master file)
$785,216,958

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$558,598,313$473,872,011$1,304,678,399IRS
990-TJune 2025–––IRS
990June 2024$489,308,458$432,418,916$1,209,670,431IRS
990-TJune 2024–––IRS
990June 2023$424,528,036$384,746,576$1,146,008,194XML
990-TJune 2023–––IRS
990June 2022$415,893,981$354,416,581$1,095,002,497IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––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 06-0646623).

Questions about FAIRFIELD UNIVERSITY

What is the EIN of FAIRFIELD UNIVERSITY?
The employer identification number (EIN) of FAIRFIELD UNIVERSITY is 06-0646623.
Is FAIRFIELD UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
Are donations to FAIRFIELD UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD 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 FAIRFIELD UNIVERSITY?
The 990 for the year ended June 30, 2025 names MARK R NEMEC PHD.
Who are the officers and directors of FAIRFIELD UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 42 people; 12 received compensation from the organization, the highest $907,966 (MARK R NEMEC PHD, PRESIDENT).
How much revenue does FAIRFIELD UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $558,598,313, expenses of $473,872,011 and total assets of $1,304,678,399 at year end.

Other nonprofits in FAIRFIELD

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