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Nonprofit · EIN 13-3508093

IONA UNIVERSITY

Tax-exempt · NEW ROCHELLE, NY 10801

Financials

$183.3M$184.9M2022$194.2M$198.7M2023$208.1M$213M2024
Revenue Expenses · by fiscal year end
Financials of IONA UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$208,126,351$213,028,764-$4,902,413$519,626,598$156,988,464$362,638,134
June 30, 2024990$194,178,098$198,656,772-$4,478,674$479,837,822$138,941,987$340,895,835
June 30, 2023990$183,290,865$184,921,114-$1,630,249$450,915,510$131,549,034$319,366,476
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$17,801,553
of which government grants
$4,569,676
Program service revenue
$182,324,598
Investment income
$484,321
Net rental income
$1,185,247
Net income from fundraising events
-$206,158
Other revenue
$7,515,879

Expenses

Grants and similar amounts paid
$79,351,216
Compensation of officers, directors and key employees
$3,090,981
Other salaries and wages
$57,905,104
Salaries, compensation and benefits (total)
$77,390,492
Professional fundraising fees
$25,000
Legal fees
$380,928
Accounting fees
$213,258
Occupancy
$4,913,201
Travel
$3,516,251
Depreciation
$10,157,538
Program services (functional)
$189,739,817
Management and general (functional)
$20,625,272
Fundraising (functional)
$2,663,675

Balance sheet and other

Total assets, start of year
$479,837,822
Total assets, end of year
$519,626,598
Total liabilities, end of year
$156,988,464
Net assets, end of year
$362,638,134
Land, buildings and equipment
$218,940,409
Publicly traded securities
$8,530,686
Net assets without donor restrictions
$272,958,447
Net assets with donor restrictions
$89,679,687
Gross unrelated business income
-$43,685
Gross receipts
$241,358,109
Employees
1,737
Volunteers
33
Year formed
1940
State of legal domicile
NY

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
DR SEAMUS CAREYPRESIDENT
Trustee or director, Officer
65$866,828$54,547
TOBIN ANDERSONHEAD COACH - MENS BASKETBALL
Highest-paid employee
50$714,668$51,962
TRICIA MULLIGAN PHDPROVOST & SVP, ACADEMIC AFFAIRS
Officer
50$328,868$65,833
KEVIN O'SULLIVANSVP, ENROLLMENT&STUDENT AFFAIR
Key employee
50$325,992$38,918
KAVITA DHANWADADean OF THE NY-PRESBYTERIAN
Highest-paid employee
50$321,570$35,929
MICHAEL SMERIGLIOSVP, FACILITIES AND CAMPUS OPER.
Key employee
50$344,159$6,603
GARY GRANTSVP, ADVN & EXTERNAL AFFAIRS
Highest-paid employee
50$303,061$39,219
NATHANIEL J KANESVP, FINANCE & ADMINISTRATION
Officer
50$300,149$25,171
TIMOTHY CLUESSADVISOR TO THE PRSEIDENT & ATHLETICS
Highest-paid employee
50$265,785$27,939
MARYELLEN CALLAGHANSVP, Graduate Admissions & Board Secretary
Officer
50$249,581$24,746
MATTHEW GLOVASKIDIRECTOR OF ATHLETICS
Key employee
50$213,334$55,154
NICHOLAS BEUTELLPROFESSOR (1/1/24-11/30/24)
Highest-paid employee
50$236,914$27,074
MARY CLARE REILLEYSVP, Marketing & Communication & Chief of Staff
Key employee
50$223,741$11,972
Sandy A CurkoGeneral Counsel (1/1/24 - 9/13/24)
Officer
50$201,928$17,544
SUSAN G FIOREGeneral Counsel (12/9/24-Present)
Officer
50$15,865$0
31 more people on this return
NameTitleHours / weekCompensation
JAMES P HYNESBOARD VICE CHAIR
Trustee or director, Officer
2$0
MICHAEL HEGARTYBOARD CHAIR
Trustee or director, Officer
2$0
AL KELLYTRUSTEE
Trustee or director
1$0
ANDREW J DOLCETRUSTEE
Trustee or director
1$0
ARMANDO RODRIGUEZ JRTRUSTEE
Trustee or director
1$0
BARTLEY F LIVOLSITRUSTEE
Trustee or director
1$0
BOB MEHMELTRUSTEE
Trustee or director
1$0
CATHY MCCABETRUSTEE
Trustee or director
1$0
DAN DOYLETRUSTEE
Trustee or director
1$0
DAVID P BROWNTRUSTEE
Trustee or director
1$0
DR ERIC ROBINSONTRUSTEE
Trustee or director
1$0
ED MCNALLYTRUSTEE
Trustee or director
1$0
EILEEN IVERSTRUSTEE
Trustee or director
1$0
JOHN C JUDGETRUSTEE
Trustee or director
1$0
JOSEPH M MURPHY JRTRUSTEE
Trustee or director
1$0
KAREN ABBRUZZESETRUSTEE
Trustee or director
1$0
KAREN GEPHARDTTRUSTEE
Trustee or director
1$0
LAWRENCE I WILLSTRUSTEE
Trustee or director
1$0
LUCILLE BOOTMANTRUSTEE
Trustee or director
1$0
MARGARET TIMONEYTRUSTEE
Trustee or director
1$0
MATTHEW SCHNAARSTRUSTEE
Trustee or director
1$0
MICHAEL DOHENYTRUSTEE
Trustee or director
1$0
MONIQUE JEANTRUSTEE
Trustee or director
1$0
PETER G RIGUARDITRUSTEE
Trustee or director
1$0
PHILLIP N MAISANOTRUSTEE
Trustee or director
1$0
RAYMOND J VERCRUYSSEE CFCTRUSTEE
Trustee or director
1$0
ROBERT V LAPENTATRUSTEE
Trustee or director
1$0
RONALD M DEFEOTRUSTEE
Trustee or director
1$0
STEPHEN V REITANOTRUSTEE
Trustee or director
1$0
VINCENT PARISETRUSTEE
Trustee or director
1$0
WALSH M WALSH CFCTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 45 people
NameTitleHours / weekCompensationOther / benefits
DR SEAMUS CAREYPRESIDENT
Trustee or director, Officer
65$873,550$48,714
TOBIN ANDERSONHEAD COACH - MENS BASKETBALL
Highest-paid employee
50$607,057$33,015
TRICIA MULLIGAN PHDPROVOST&SVP, ACADEMIC AFFAIRS
Officer
50$322,787$62,616
KAVITA DHANWADADean OF THE NY-PRESBYTERIAN
Key employee
50$316,555$34,183
KEVIN O'SULLIVANSVP, ENROLLMENT&STUDENT AFFAIR
Highest-paid employee
50$306,968$36,688
MICHAEL SMERIGLIOVP FACILITIES AND CAMPUS OPER.
Key employee
50$320,869$0
NATHANIEL J KANESVP, FINANCE & ADMINISTRATION
Officer
50$295,662$23,357
TIMOTHY CLUESSADVISOR TO THE PRES.&ATHLETICS
Officer
50$261,965$27,939
Sandy A CurkoGeneral Counsel
Highest-paid employee
50$263,683$22,767
MARYELLEN CALLAGHANSVP, STRATEGIC INIT&BOARD SEC
Officer
50$240,535$23,957
Laura DohertySVP, ADVN & EXTERNAL AFFAIRS
Key employee
50$241,167$21,270
Matthew GlovaskiDIRECTOR OF ATHLETICS
Highest-paid employee
50$201,486$52,546
Joseph StabileDEAN SCHOOL OF ARTS & SCIENCE
Highest-paid employee
50$219,967$23,270
Mary Clare ReilleySVP, Marketing & Communication
Key employee
50$206,710$14,530
MICHAEL HEGARTYBOARD CHAIR
Trustee or director, Officer
2$0$0
JAMES P HYNESBOARD VICE CHAIR
Trustee or director, Officer
2$0$0
KAREN ABBRUZZESETRUSTEE
Trustee or director
1$0$0
LUCILLE BOOTMANTRUSTEE
Trustee or director
1$0$0
DAVID P BROWNTRUSTEE
Trustee or director
1$0$0
RONALD M DEFEOTRUSTEE
Trustee or director
1$0$0
MICHAEL DOHENYTRUSTEE
Trustee or director
1$0$0
ANDREW J DOLCETRUSTEE
Trustee or director
1$0$0
DAN DOYLETRUSTEE
Trustee or director
1$0$0
ANITA IACOTRUSTEE
Trustee or director
1$0$0
EILEEN IVERSTRUSTEE
Trustee or director
1$0$0
JOHN C JUDGETRUSTEE
Trustee or director
1$0$0
AL KELLYTRUSTEE
Trustee or director
1$0$0
ROBERT V LAPENTATRUSTEE
Trustee or director
1$0$0
BARTLEY F LIVOLSITRUSTEE
Trustee or director
1$0$0
PHILLIP N MAISANOTRUSTEE
Trustee or director
1$0$0
CATHY MCCABETRUSTEE
Trustee or director
1$0$0
ED MCNALLYTRUSTEE
Trustee or director
1$0$0
BOB MEHMELTRUSTEE
Trustee or director
1$0$0
JOSEPH M MURPHY JRTRUSTEE
Trustee or director
1$0$0
C PATRICK O'DONNELL JRTRUSTEE
Trustee or director
1$0$0
STEPHEN V REITANOTRUSTEE
Trustee or director
1$0$0
PETER G RIGUARDITRUSTEE
Trustee or director
1$0$0
DR ERIC ROBINSONTRUSTEE
Trustee or director
1$0$0
ARMANDO RODRIGUEZ JRTRUSTEE
Trustee or director
1$0$0
MATTHEW SCHNAARSTRUSTEE
Trustee or director
1$0$0
KAREN SEITZTRUSTEE
Trustee or director
1$0$0
MARGARET TIMONEYTRUSTEE
Trustee or director
1$0$0
RAYMOND J VERCRUYSSEE CFCTRUSTEE
Trustee or director
1$0$0
BRIAN M WALSH CFCTRUSTEE
Trustee or director
1$0$0
LAWRENCE I WILLSTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 34 people
NameTitleHours / weekCompensationOther / benefits
DR SEAMUS CAREYPRESIDENT
Trustee or director, Officer
65$813,724$45,325
RICHARD PITINOHEAD COACH - MENS BASKETBALL
Highest-paid employee
50$787,828$35,722
KEVIN O'SULLIVANSVP, ENROLLMENT&STUDENT AFFAIR
Highest-paid employee
50$294,700$34,123
LYNNE RICHARDSONDEAN, LAPENTA BUSINESS SCHOOL
Highest-paid employee
50$263,781$31,351
TIMOTHY CLUESSADVISOR TO THE PRES.&ATHLETICS
Highest-paid employee
50$259,321$23,085
TRICIA MULLIGAN PHDPROVOST&SVP, ACADEMIC AFFAIRS
Officer
50$214,711$51,221
KATHLEEN MCELROYGENERAL COUNSEL
Former
0$264,727$637
LAURA DOHERTYSVP, ADVANCEMENT&EXTERNAL AFF.
Highest-paid employee
50$242,040$20,630
MARYELLEN CALLAGHANSVP, STRATEGIC INIT&BOARD SEC
Officer
50$227,067$23,085
DARRELL WHEELERPROVOST&SVP, ACADEMIC AFFAIRS
Former
0$181,998$18,832
SANDY A CURKOGENERAL COUNSEL
Officer
60$159,110$12,667
ANNE MARIE SCHETTINI-LYNCHSVP, FINANCE & ADMINISTRATION
Former
0$122,432$9,739
NATHANIEL J KANESVP, FINANCE & ADMINISTRATION
Officer
65$114,916$9,944
MICHAEL HEGARTYBOARD CHAIR
Trustee or director, Officer
2$0$0
JAMES P HYNESBOARD VICE CHAIR
Trustee or director, Officer
2$0$0
LUCILLE BOOTMANTRUSTEE
Trustee or director
1$0$0
DAVID P BROWNTRUSTEE
Trustee or director
1$0$0
RONALD M DEFEOTRUSTEE
Trustee or director
1$0$0
ANDREW J DOLCETRUSTEE
Trustee or director
1$0$0
MICHAEL DOHENYTRUSTEE
Trustee or director
1$0$0
EILEEN IVERSTRUSTEE
Trustee or director
1$0$0
JOHN C JUDGETRUSTEE
Trustee or director
1$0$0
KAYLA HAUGHTON KOSACKTRUSTEE
Trustee or director
1$0$0
ROBERT V LAPENTATRUSTEE
Trustee or director
1$0$0
BARTLEY F LIVOLSITRUSTEE
Trustee or director
1$0$0
PHILLIP N MAISANOTRUSTEE
Trustee or director
1$0$0
JOSEPH M MURPHY JRTRUSTEE
Trustee or director
1$0$0
C PATRICK O'DONNELL JRTRUSTEE
Trustee or director
1$0$0
PETER G RIGUARDITRUSTEE
Trustee or director
1$0$0
DR ERIC ROBINSONTRUSTEE
Trustee or director
1$0$0
ARMANDO RODRIGUEZ JRTRUSTEE
Trustee or director
1$0$0
KAREN SEITZTRUSTEE
Trustee or director
1$0$0
DR INGRID THOMPSON-SELLERSTRUSTEE
Trustee or director
1$0$0
LAWRENCE I WILLSTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
715 NORTH AVE MCSPEDON HALL, NEW ROCHELLE, NY 10801-0000
In care of
% NATHANIEL J KANE
Principal officer (990 for 2024)
DR SEAMUS CAREY, 715 NORTH AVENUE MCSPEDON HALL, New Rochelle, NY 108011809
Signed the 990
NATHANIEL J KANE, SVP OF FIN & ADMIN
Phone
(914) 633-2483
Return prepared by
BDO USA

Mission

IONA UNIVERSITY IS A CARING ACADEMIC COMMUNITY, INSPIRED BY THE LEGACY OF BLESSED EDMUND RICE AND THE CHRISTIAN BROTHERS, WHICH EMBODIES OPPORTUNITY, JUSTICE, AND THE LIBERATING POWER OF EDUCATION. IONA UNIVERSITY'S PURPOSE IS TO FOSTER INTELLECTUAL INQUIRY, COMMUNITY ENGAGEMENT AND AN APPRECIATION FOR DIVERSITY. IN THE TRADITION OF AMERICAN CATHOLIC HIGHER EDUCATION, IONA UNIVERSITY COMMITS ITS ENERGIES AND RESOURCES TO THE DEVELOPMENT OF GRADUATES RECOGNIZED FOR THEIR ETHICS, CREATIVITY AND PROBLEM-SOLVING ABILITIES; THEIR INDEPENDENT AND ADAPTIVE THINKING; THEIR JOY IN LIFELONG LEARNING; AND THEIR ENDURING INTEGRATION OF MIND, BODY AND SPIRIT.

990 for the year ended June 30, 2025

Program accomplishments

  • TUITION - FOUNDED BY THE CONGREGATION OF CHRISTIAN BROTHERS IN 1940, IONA UNIVERSITY IS CHARTERED BY THE STATE OF NEW YORK AND FULLY ACCREDITED BY THE FEDERAL DEPARTMENT OF EDUCATION APPROVED REGIONAL ACCREDITOR, THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE), TO OFFER CREDIT BEARING COURSEWORK TOWARDS DEGREES AND REGISTERED CERTIFICATES AT THE UNDERGRADUATE AND GRADUATE LEVELS. IN ADDITION TO MSCHE, IONA'S ACADEMIC PROGRAMS HOLD MULTIPLE PROFESSIONAL AND SPECIAL ACCREDITATIONS FROM INDEPENDENT ACCREDITING BODIES INCLUDING THE ACCREDITATION BOARD FOR ENGINEERING AND TECHNOLOGY (ABET); ACCREDITATION COUNCIL FOR OCCUPATIONAL THERAPY EDUCATION (ACOTE); AMERICAN ASSOCIATION FOR MARRIAGE AND FAMILY THERAPY (AAMFT); AMERICAN CHEMICAL SOCIETY (ACS); ASSOCIATION FOR ADVANCING QUALITY IN EDUCATOR PREPARATION (AAQEP); ASSOCIATION TO ADVANCE COLLEGIATE SCHOOLS OF BUSINESS INTERNATIONAL (AACSB); COLLEGE READING AND LEARNING ASSOCIATION (CRLA); COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE); COUNCIL ON ACADEMIC ACCREDITATION IN (SEE ON SCHEDULE O)
    Expenses $122,290,372 · grants $79,351,216 · revenue $156,248,035
  • STUDENT SERVICES - OTHER ACADEMIC AND STUDENT SUPPORT ACTIVITIES ARE PROVIDED FOR ENROLLED STUDENTS AND IN SUPPORT OF FACULTY SCHOLARSHIP CONSISTENT WITH STANDARDS ESTABLISHED BY THE NEW YORK STATE EDUCATION DEPARTMENT, THE COMMISSION OF HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES AND BEST PRACTICES IN AMERICAN HIGHER EDUCATION. THESE INCLUDE FULLY STAFFED AND OPERATIONAL LIBRARIES, A CAREER DEVELOPMENT CENTER, COUNSELING CENTER, HEALTH SERVICES CENTER, IT SUPPORT CENTER, FACULTY TRAINING CENTER, TUTORING AND ACADEMIC SUPPORT CENTER, CAMPUS MINISTRIES OFFICE, ATHLETICS DEPARTMENT, AND STUDENT DEVELOPMENT OFFICE SERVICING CLUBS, STUDENT GOVERNMENT, STUDENT MEDIA AND STUDENT RECREATION.
    Expenses $43,882,006 · revenue $6,327,735
  • AUXILIARY ENTERPRISES - IONA UNIVERSITY PROVIDES ANCILLARY AUXILIARY SERVICES TO BOTH ITS STUDENT POPULATION AND ITS EMPLOYEE BASE IN AN EFFORT TO SUPPORT ITS EDUCATIONAL MISSION: 1) RESIDENTIAL SERVICES - AS PART OF THE STUDENT EXPERIENCE, IONA UNIVERSITY OFFERS ON-CAMPUS RESIDENCE HALL HOUSING AND RELATED SERVICES. THE PRIMARY GOAL OF IONA'S RESIDENTIAL LIFE PROGRAM IS TO PROVIDE A SAFE, SECURE AND COMFORTABLE ENVIRONMENT WHERE ACADEMIC SUCCESS, AS WELL AS THE SOCIAL, EMOTIONAL, SPIRITUAL, PHYSICAL AND CULTURAL DEVELOPMENT OF EACH RESIDENT, IS FACILITATED. 2) BOOKSTORE - THE UNIVERSITY HAS AN ON-CAMPUS BOOKSTORE WHERE STUDENTS CAN PURCHASE TEXTBOOKS, STUDY AIDS, ELECTRONICS, SOFTWARE, STATIONERY AND RELATED HARD GOODS. 3) FOOD SERVICE/CAFETERIA - THE UNIVERSITY HAS AN ON-CAMPUS CAFETERIA THAT IS COMMITTED TO PROVIDING QUALITY AND NUTRITIOUS FOOD WITH EXCEPTIONAL SERVICE. RESIDENT STUDENTS AND COMMUTERS MAY PARTICIPATE IN THE FULL MEAL PLAN OFFERED AT IONA UNIVERSITY.
    Expenses $23,567,439 · revenue $25,260,728

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
13-3508093
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
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43)
Assets (IRS master file)
$519,626,598
Income (IRS master file)
$241,358,109

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$208,126,351$213,028,764$519,626,598IRS
990-TJune 2025–––IRS
990June 2024$194,178,098$198,656,772$479,837,822IRS
990June 2023$183,290,865$184,921,114$450,915,510IRS
990-TJune 2023–––IRS
990June 2022$177,877,196$176,036,683$443,220,124IRS
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 13-3508093).

Questions about IONA UNIVERSITY

What is the EIN of IONA UNIVERSITY?
The employer identification number (EIN) of IONA UNIVERSITY is 13-3508093.
Is IONA UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to IONA UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IONA 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 IONA 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 IONA 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 IONA UNIVERSITY?
The 990 for the year ended June 30, 2025 names DR SEAMUS CAREY.
Who are the officers and directors of IONA UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 46 people; 15 received compensation from the organization, the highest $866,828 (DR SEAMUS CAREY, PRESIDENT).
How much revenue does IONA UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $208,126,351, expenses of $213,028,764 and total assets of $519,626,598 at year end.

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