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Nonprofit · EIN 13-5562314

PACE UNIVERSITY

Tax-exempt · PLEASANTVILLE, NY 10570

Financials

$719.1M$707.3M2024
Revenue Expenses · by fiscal year end
Financials of PACE UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$719,108,199$707,329,389$11,778,810$1,582,267,641$1,040,814,249$541,453,392
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$39,066,327
of which government grants
$23,405,583
Program service revenue
$652,185,817
Investment income
$21,303,631
Royalties
$111,016
Net rental income
$8,088
Net gain from sales of assets
$11,843,972
Net income from fundraising events
-$584,862
Tax-exempt bond proceeds
$4,634,771
Other revenue
$6,552,424

Expenses

Grants and similar amounts paid
$246,808,794
Compensation of officers, directors and key employees
$9,093,368
Other salaries and wages
$179,519,597
Salaries, compensation and benefits (total)
$251,755,136
Professional fundraising fees
$465,824
Legal fees
$718,502
Accounting fees
$376,007
Occupancy
$100,282,148
Travel
$3,422,327
Depreciation
$22,636,995
Program services (functional)
$624,590,879
Management and general (functional)
$74,447,853
Fundraising (functional)
$8,290,657

Balance sheet and other

Total assets, start of year
$1,406,912,201
Total assets, end of year
$1,582,267,641
Total liabilities, end of year
$1,040,814,249
Net assets, end of year
$541,453,392
Land, buildings and equipment
$656,104,392
Publicly traded securities
$156,808,416
Net assets without donor restrictions
$225,287,313
Net assets with donor restrictions
$316,166,079
Gross unrelated business income
$107,845
Gross receipts
$781,258,436
Employees
5,074
Volunteers
1,669
Year formed
1906
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
MARVIN KRISLOVPRESIDENT
Trustee or director, Officer
40$741,937$423,151
ROBERT C ALMONEVP & CFO
Officer
40$439,605$70,213
JONATHAN HILLINTM PROVOST, AS OF 7/24
Officer
40$348,401$144,490
LAWRENCE SINGLETONDEAN, LUBIN SCHOOL OF BUSINESS
Key employee
40$372,966$97,299
HORACE ANDERSONDean, School of Law
Key employee
40$380,099$90,059
DANIEL BAUGHERPROFESSOR
Highest-paid employee
40$429,393$36,200
GARY LAERMERVP DEV & ALUM RLTNS TILL 12/24
Officer
40$399,769$50,196
JOSEPH FRANCOFMR. PROVOST, till 6/24
Former
40$375,704$61,877
JOSEPH A CAPPARELLIVP FIN, CONTROLLER & CCO
Officer
40$351,455$81,533
TRESMAINE GRIMESDEAN, DYSON COLLEGE
Key employee
40$358,871$51,527
MICHELLE SIMONPROFESSOR
Highest-paid employee
40$320,656$74,381
NICOLE THOMPSONSENIOR VP OPERATIONS
Officer
40$328,245$61,195
ROBINA C SCHEPPVP FOR ENROLLMENT & PLACEMENT
Officer
40$333,684$50,831
BRIDGET CRAWFORDPROFESSOR
Highest-paid employee
40$309,522$70,988
BETH GORDONVP IT and CIO
Officer
40$271,828$94,483
62 more people on this return
NameTitleHours / weekCompensationOther / benefits
YA TANGPROFESSOR
Highest-paid employee
40$291,938$71,516
IBOLYA YOLASVP UNIV FACILITIES & CAP PROJ
Officer
40$298,132$62,437
ESMA PALJEVICINTM DEAN, CHP AS OF 7/24
Key employee
40$291,888$65,387
TERRYL BROWNVP AND GENERAL COUNSEL
Officer
40$303,640$41,412
THERESA LANTPROFESSOR
Highest-paid employee
40$314,138$23,479
CINDY HEILBERGERVP FOR CORPORATE SECRETARY
Officer
40$269,361$53,231
NIRA HERRMANNFORMER DEAN, DYSON COLLEGE
Former
40$283,560$25,819
JENNIFER HOLMESDEAN, SANDS COLLEGE
Key employee
40$280,304$28,340
LI-CHIOU CHENINTM DEAN, SEID AS OF 8/24
Key employee
40$231,734$73,874
JEAN C GALLAGHERVP STRAT. INITV TILL 2/25
Officer
40$227,639$75,951
SHAWN O'RILEYVP STRATEGIC PLAN (AS OF 3/25)
Officer
40$226,358$73,122
NILA BHAUMIKVP FOR HUMAN RESOURCES
Officer
40$267,656$29,272
BELINDA ANDERSONINTM DEAN, CHP AS OF 7/24
Key employee
40$241,906$49,452
LISA VALENTINOFORMER INTERIM VP/GC TILL 4/24
Former
40$249,666$40,566
JEFFREY BARNETTVP STUDENT AFFR AND DEAN
Officer
40$214,832$73,743
RICHARD SCHLESINGERFRMR DEAN, DYSON COLLEGE
Former
40$231,231$56,328
SONIA SUCHDAYTRUSTEE FT FAC TILL 10/24
Trustee or director
40$249,365$36,583
VINCENT CLARKINTM VP DEV & ALUM AS OF 1/25
Officer
40$212,954$71,935
STEPHANIE AKUNVABEYAVP, CDO
Officer
40$199,502$73,720
LEILA FRANCHIFORMER VP FOR UNIV RELATIONS
Former
40$201,926$54,018
THOMAS M BRADYTREASURER
Officer
40$228,050$19,122
ZACHARIAH HOSSEINICMO & VP FOR UNVI RLTNS
Officer
40$208,105$23,277
SUSAN DONAHUEFMR INTM AVP HR TILL 9/21
Former
40$164,675$65,802
MARCUS TYEDEAN, COLL HLTH TILL 7/24
Key employee
40$181,988$39,914
BERNARD DUFRESNEFMR INTM AVP CDO TILL 7/23
Former
40$179,761$23,512
LISA FASTENBERGTRUSTEE/FT FAC MB AS OF 12/2
Trustee or director
40$101,101$62,508
PETA-GAY CLARKETRUSTEE
Trustee or director
1$8,319$0
PHOTEINE M ANAGNOSTOPOULOSTRUSTEE
Trustee or director
1$0$0
BARBARA A ABELESTRUSTEE (AS OF 3/25)
Trustee or director
1$0$0
MARK M BESCATRUSTEE
Trustee or director
1$0$0
MICHAEL A CLINTONTRUSTEE
Trustee or director
1$0$0
MICHAEL DISIMONETRUSTEE
Trustee or director
1$0$0
CHRISTOPHER A EDWARDSTRUSTEE
Trustee or director
1$0$0
LISA FASTENBERGTRUSTEE FT FAC MBR AS OF 12/24
Trustee or director
40$0$0
JOSEPH R FICALORATRUSTEE
Trustee or director
1$0$0
MARKI FLANNERYTRUSTEE
Trustee or director
1$0$0
JOHN A GERSONTRUSTEE
Trustee or director
1$0$0
THOMAS P GIBBONSTRUSTEE
Trustee or director
1$0$0
CYNTHIA GREER GOLDSTEINTRUSTEE
Trustee or director
1$0$0
BARRY M GOSINTRUSTEE
Trustee or director
1$0$0
SABRINA A GRIFFINTRUSTEE (AS OF 3/25)
Trustee or director
1$0$0
LILIANE A HAUBTRUSTEE
Trustee or director
1$0$0
HEMANT KHEMKATRUSTEE
Trustee or director
1$0$0
DAVID Z HIRSHTRUSTEE
Trustee or director
1$0$0
DOV HOROWITZTRUSTEE
Trustee or director
1$0$0
JOSEPH IANNIELLOTRUSTEE
Trustee or director
1$0$0
CHARLES MAKTRUSTEE
Trustee or director
1$0$0
MARTIN MCELROYTRUSTEE
Trustee or director
1$0$0
AUDREY MURPHYTRUSTEE
Trustee or director
1$0$0
DONNA MURPHYTRUSTEE
Trustee or director
1$0$0
JOHN T O'CONNORTRUSTEE (TILL 4/25)
Trustee or director
1$0$0
THOMAS J QUINLAN IIITRUSTEE
Trustee or director
1$0$0
ROBERT ROBOTTITRUSTEE
Trustee or director
1$0$0
CHRISTOPHER ROKERTRUSTEE
Trustee or director
1$0$0
ROBERT S SANDSTRUSTEE
Trustee or director
1$0$0
SHAUN E SMITHTRUSTEE
Trustee or director
1$0$0
LANA BAILEY-TAMAROTRUSTEE
Trustee or director
1$0$0
EUGENE M TOBINTRUSTEE
Trustee or director
1$0$0
MARIE J TOULANTISTRUSTEE
Trustee or director
1$0$0
ROBERT TUCKERTRUSTEE (TILL 8/24)
Trustee or director
1$0$0
SUSAN S WALLACHTRUSTEE
Trustee or director
1$0$0
RICHARD F ZANNINOTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
861 BEDFORD RD, PLEASANTVILLE, NY 10570-2724
In care of
% ROBERT C ALMON
Principal officer (990 for 2024)
MARVIN KRISLOV, ONE PACE PLAZA, NEW YORK, NY 100381598
Signed the 990
JOSEPH CAPPARELLI, VP FIN, CNTRLLR, CCO
Phone
(914) 923-2402
Return prepared by
PwC US Tax LLP

Mission

PACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.
    Expenses $157,769,825 · revenue $562,688,304
  • SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.
    Expenses $246,808,794 · grants $246,808,794
  • AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.
    Expenses $97,052,032 · revenue $78,504,733
  • ACADEMIC SUPPORT
    Expenses $68,614,911 · revenue $9,047,270
  • STUDENT SERVICES
    Expenses $50,619,558 · revenue $1,945,510
  • RESEARCH
    Expenses $3,725,759

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
13-5562314
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
1949
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B40)
Assets (IRS master file)
$1,582,267,641
Income (IRS master file)
$781,258,436

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990-TJune 2025–––IRS
990June 2024–––IRS
990-TJune 2024–––IRS
990June 2023$682,582,586$638,143,341$1,300,057,209IRS
990-TJune 2023–––IRS
990June 2022$627,806,353$586,153,852$1,093,406,747IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PACE UNIVERSITY

What is the EIN of PACE UNIVERSITY?
The employer identification number (EIN) of PACE UNIVERSITY is 13-5562314.
Is PACE UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
Are donations to PACE UNIVERSITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PACE 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 PACE 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 PACE 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 PACE UNIVERSITY?
The 990 for the year ended June 30, 2025 names MARVIN KRISLOV.
Who are the officers and directors of PACE UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 77 people; 42 received compensation from the organization, the highest $741,937 (MARVIN KRISLOV, PRESIDENT).
How much revenue does PACE UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $719,108,199, expenses of $707,329,389 and total assets of $1,582,267,641 at year end.

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