Nonprofit · EIN 16-0743040
HOBART AND WILLIAM SMITH COLLEGES
Tax-exempt · GENEVA, NY 14456
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $282,262,187 | $201,006,687 | $81,255,500 | $514,461,027 | $84,049,235 | $430,411,792 |
| June 30, 2024 | 990 | $193,392,614 | $184,349,806 | $9,042,808 | $440,720,919 | $77,421,359 | $363,299,560 |
| June 30, 2023 | 990 | $148,635,041 | $169,572,497 | -$20,937,456 | $419,967,529 | $78,319,737 | $341,647,792 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $104,617,244
- of which government grants
- $3,847,960
- Program service revenue
- $146,143,236
- Investment income
- $31,005,594
- Net rental income
- $496,113
- Net gain from sales of assets
- $25,312,554
- Other revenue
- $496,113
Expenses
- Grants and similar amounts paid
- $84,242,341
- Compensation of officers, directors and key employees
- $1,048,106
- Other salaries and wages
- $44,981,159
- Salaries, compensation and benefits (total)
- $59,744,833
- Professional fundraising fees
- $0
- Legal fees
- $600,861
- Accounting fees
- $194,420
- Occupancy
- $13,246,878
- Travel
- $2,161,584
- Depreciation
- $7,326,912
- Program services (functional)
- $175,743,966
- Management and general (functional)
- $20,568,109
- Fundraising (functional)
- $4,694,612
Balance sheet and other
- Total assets, start of year
- $440,720,919
- Total assets, end of year
- $514,461,027
- Total liabilities, end of year
- $84,049,235
- Net assets, end of year
- $430,411,792
- Land, buildings and equipment
- $156,334,694
- Publicly traded securities
- $129,351,090
- Net assets without donor restrictions
- $140,132,606
- Net assets with donor restrictions
- $290,279,186
- Gross receipts
- $325,441,486
- Employees
- 1,701
- Volunteers
- 2,343
- Year formed
- 1943
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK GEARAN | PRESIDENT Trustee or director, Officer | 50 | $712,130 | $135,166 |
| SARAH KIRK | PROVOST AND DEAN OF FACULT Highest-paid employee | 50 | $274,569 | $109,825 |
| ROBERT O'CONNOR | VP AND SENIOR PHILANTHROPI Highest-paid employee | 50 | $283,470 | $56,295 |
| MARK EDWARDS | VP FINANCE & ADMINISTRATIO Officer | 50 | $256,405 | $54,066 |
| ALFRED DAMIANO | VP STRATEGIC INITIATIVES A Highest-paid employee | 50 | $230,150 | $51,996 |
| CATHERINE WILLIAMS | VP EXTERNAL RELATIONS Highest-paid employee | 50 | $244,828 | $31,172 |
| MIKE QUINN | VP ADMISSIONS & FINANCIAL AID Highest-paid employee | 50 | $235,064 | $27,398 |
| LOUIS GUARD | GEN COUNSEL & ASST SEC Officer | 50 | $217,676 | $34,615 |
| ANJALEE WANDURAGALA | STUDENT TRUSTEE Trustee or director | 2 | $5,961 | $78,551 |
| ALEX KARPAWICH | STUDENT TRUSTEE Trustee or director | 2 | $0 | $25,000 |
| CASSANDRA NAYLOR BROOKS | TRUSTEE/VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CALVIN R CARVER JR | TRUSTEE/TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JAMES B ROBINSON | TRUSTEE/SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CRAIG R STINE | TRUSTEE/CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| LINDA D ARRINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
27 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDWARD R COOPER | TRUSTEE Trustee or director | 2 | $0 |
| ANDREW L GAINES | TRUSTEE Trustee or director | 2 | $0 |
| AILEEN DIVINEY GLEASON | TRUSTEE Trustee or director | 2 | $0 |
| JOHN J HOGAN III | TRUSTEE Trustee or director | 2 | $0 |
| WILLIAM A MARGILOFF | TRUSTEE Trustee or director | 2 | $0 |
| ANDREW G MCMASTER JR | TRUSTEE Trustee or director | 2 | $0 |
| ALLISON MORROW | TRUSTEE Trustee or director | 2 | $0 |
| ERIC J STEIN | TRUSTEE Trustee or director | 2 | $0 |
| JOSEPH C STEIN | TRUSTEE Trustee or director | 2 | $0 |
| SAMUEL A STERN | TRUSTEE Trustee or director | 2 | $0 |
| WILLIAM T WHITAKER JR | TRUSTEE Trustee or director | 2 | $0 |
| WARREN K ZOLA | TRUSTEE Trustee or director | 2 | $0 |
| DR MARGUERITTE S MURPHY | TRUSTEE Trustee or director | 2 | $0 |
| JOSEPHINE A GRAYSON | TRUSTEE Trustee or director | 2 | $0 |
| JEREMY A COONEY ESQ | TRUSTEE Trustee or director | 2 | $0 |
| DR PAULA MILTENBERGER | TRUSTEE Trustee or director | 2 | $0 |
| STEPHEN WONG | TRUSTEE Trustee or director | 2 | $0 |
| DR RICHARD L WASSERMAN | TRUSTEE Trustee or director | 2 | $0 |
| DR KIRRA GUARD | TRUSTEE Trustee or director | 2 | $0 |
| LUDWIG P GAINES ESQ | TRUSTEE Trustee or director | 2 | $0 |
| TERESA AMOTT | TRUSTEE Trustee or director | 2 | $0 |
| KATHARINE STROUSE CANADA | TRUSTEE Trustee or director | 2 | $0 |
| REBECCA FOX | TRUSTEE Trustee or director | 2 | $0 |
| RT REV KARA WAGNER SHERER | TRUSTEE Trustee or director | 2 | $0 |
| KEVIN STEIN | TRUSTEE Trustee or director | 2 | $0 |
| MEHRNAZ VAHID-AHDIEH | TRUSTEE Trustee or director | 2 | $0 |
| PAUL WASMUND | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK GEARAN | PRESIDENT Trustee or director, Officer | 50 | $585,088 | $135,148 |
| SARAH KIRK | PROVOST AND DEAN OF FACULTY Highest-paid employee | 50 | $260,003 | $72,749 |
| ROBERT O'CONNOR | VP AND SENIOR PHILANTHROPIC ADVISOR Highest-paid employee | 50 | $261,539 | $45,678 |
| MARK EDWARDS | VP FINANCE & ADMINISTRATIO Officer | 50 | $258,976 | $40,044 |
| ALFRED DAMIANO | VP STRATEGIC INITIATIVES AND CIO Highest-paid employee | 50 | $220,237 | $42,939 |
| CATHERINE WILLIAMS | VP MARKETING & COMMUNICATIONS Highest-paid employee | 50 | $224,961 | $25,247 |
| BECCA BARILE | VP OF CAMPUS LIFE AND DIRECTOR OF THE MASTER OF AR Highest-paid employee | 50 | $173,950 | $49,888 |
| LOUIS GUARD | GEN COUNSEL & ASST SEC Officer | 50 | $194,202 | $9,487 |
| SAMARI BROWN | STUDENT TRUSTEE, THROUGH MAY 2024 Trustee or director | 2 | $9,935 | $52,168 |
| JESSE WHELAN-SMALL | STUDENT TRUSTEE, THROUGH MAY 2024 Trustee or director | 2 | $1,722 | $28,500 |
| CASSANDRA NAYLOR BROOKS | TRUSTEE/VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CALVIN R CARVER JR | TRUSTEE/TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JAMES B ROBINSON | TRUSTEE/SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CRAIG R STINE | TRUSTEE/CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| LINDA D ARRINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDWARD R COOPER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW L GAINES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AILEEN DIVINEY GLEASON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN J HOGAN III | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM A MARGILOFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT J MASON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HERBERT J MCCOOEY JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW G MCMASTER JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALLISON MORROW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR RICHARD SOLOMON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIC J STEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH C STEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SAMUEL A STERN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM T WHITAKER JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WARREN K ZOLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR MARGUERITTE S MURPHY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPHINE A GRAYSON LA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEREMY A COONEY ESQ | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR PAULA MILTENBERGER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MEHRNAZ VAHID-AHDIEH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN WONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR RICHARD L WASSERMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR KIRRA GUARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RT REV STEPHEN T LANE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JULIE BAZAN D'ANGELO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LUDWIG P GAINES ESQ | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TERESA AMOTT | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 47 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOYCE P JACOBSEN | PRESIDENT, THROUGH JULY, 2022 Former | 50 | $664,996 | $46,860 |
| ROBERT O'CONNOR | VP INSTITUTIONAL ADVANCEME Highest-paid employee | 50 | $258,607 | $104,973 |
| SARAH KIRK | PROVOST Key employee | 50 | $270,413 | $88,354 |
| MARK GEARAN | PRESIDENT, AS OF JULY, 2022 Trustee or director, Officer | 50 | $263,245 | $29,237 |
| CAROLEE WHITE | FORMER VP FIN&ADMIN & ASST. TREAS Former | 50 | $235,342 | $31,247 |
| ALFRED DAMIANO | VP STRATEGIC INITIATIVES Highest-paid employee | 50 | $216,154 | $37,710 |
| CATHERINE WILLIAMS | VP MARKETING/COMMUNICATION Highest-paid employee | 50 | $220,652 | $20,675 |
| MARK EDWARDS | VP FINANCE & ADMINISTRATION/ CFO Officer | 50 | $205,919 | $33,467 |
| BECCA BARILE | ASSOC. VP AND DEAN OF STUD Highest-paid employee | 50 | $179,186 | $55,704 |
| LOUIS GUARD | GEN COUNSEL & ASST SEC Officer | 50 | $175,123 | $14,690 |
| JAMIE MAKINSTER | ASSOCIATE PROVOST Highest-paid employee | 50 | $158,259 | $16,097 |
| IRINI KONSTANTINOU | STUDENT TRUSTEE, THROUGH MAY 2023 Trustee or director | 2 | $2,263 | $38,000 |
| ZAHEER BOWEN | STUDENT TRUSTEE, THROUGH MAY 2023 Trustee or director | 2 | $1,152 | $25,000 |
| CASSANDRA NAYLOR BROOKS | TRUSTEE/VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| CALVIN R CARVER JR | TRUSTEE/TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| JAMES B ROBINSON | TRUSTEE/SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| CRAIG R STINE | TRUSTEE/CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| LINDA D ARRINGTON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| EDWARD R COOPER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW L GAINES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AILEEN DIVINEY GLEASON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOHN J HOGAN III | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM A MARGILOFF | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SCOTT J MASON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| HERBERT J MCCOOEY JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ANDREW G MCMASTER JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ALLISON MORROW | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR RICHARD SOLOMON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ERIC J STEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPH C STEIN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SAMUEL A STERN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WILLIAM T WHITAKER JR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| WARREN K ZOLA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR MARGUERITTE MURPHY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOSEPHINE GRAYSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JEREMY A COONEY ESQ | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR PAULA MILTENBERGER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MEHRNAZ VAHID-AHDIEH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| STEPHEN WONG | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR RICHARD L WASSERMAN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DR KIRRA GUARD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RT REV STEPHEN LANE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL E RAWLINS | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JULIE BAZAN D'ANGELO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LUDWIG P GAINES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARRETT A MATHIESON ENDED AUGUST 22 | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TERESA AMOTT | TRUSTEE Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 PULTENEY ST, GENEVA, NY 14456-3304
- In care of
- % CAROLEE E WHITE
- Principal officer (990 for 2024)
- MR MARK D GEARAN, 337 PULTENEY STREET, GENEVA, NY 14456
- Signed the 990
- CLAUDETTE STERN, INTERM VP FOR FINANCE AND ADMIN.
- Phone
- (315) 781-3337
- Website
- WWW.HWS.EDU
- Return prepared by
- BONADIO & CO LLP
Mission
HOBART AND WILLIAM SMITH PREPARES STUDENTS TO LEAD LIVES OF CONSEQUENCE.
Program accomplishments
- HOBART AND WILLIAM SMITH IS A RESIDENTIAL LIBERAL ARTS AND SCIENCES INSTITUTION KNOWN FOR CONSISTENT SUCCESS IN PREPARING STUDENTS FOR MEANINGFUL LIVES AND FULFILLING CAREERS THROUGH AN OUTCOMES-BASED FOCUS ON THEIR FUTURES. TO BEST PREPARE STUDENTS FOR IMPACT AND SUCCESS, HWS NURTURES INTELLECTUAL, PROFESSIONAL, AND ETHICAL DEVELOPMENT THROUGH 70 ACADEMIC PROGRAMS. IN A RELATIONSHIP-RICH LEARNING ENVIRONMENT, STUDENTS COMPLEMENT BROAD, INTERDISCIPLINARY STUDY WITH HANDS-ON LEARNING EXPERIENCES MADE POSSIBLE BY HWS' CENTERS FOR EXPERIENCE, ACTION, AND THOUGHT. MORE THAN 60% OF HWS STUDENTS STUDY ABROAD, ALL PARTICIPATE IN COMMUNITY SERVICE, AND HWS GUARANTEES ALL STUDENTS ACCESS TO AN INTERNSHIP OR RESEARCH EXPERIENCE. THE WALL STREET JOURNAL RANKS HWS #4 IN THE NATION FOR STUDENT EXPERIENCE DURING 2025.Expenses $175,743,966 · grants $84,242,341 · revenue $146,143,236
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
- 16-0743040
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $514,461,027
- Income (IRS master file)
- $325,441,486
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $282,262,187 | $201,006,687 | $514,461,027 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $193,392,614 | $184,349,806 | $440,720,919 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $148,635,041 | $169,572,497 | $419,967,529 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $179,596,964 | $162,105,656 | $429,979,096 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990-T | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | IRS |
| 990 | May 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 16-0743040).
Questions about HOBART AND WILLIAM SMITH COLLEGES
- What is the EIN of HOBART AND WILLIAM SMITH COLLEGES?
- The employer identification number (EIN) of HOBART AND WILLIAM SMITH COLLEGES is 16-0743040.
- Is HOBART AND WILLIAM SMITH COLLEGES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to HOBART AND WILLIAM SMITH COLLEGES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOBART AND WILLIAM SMITH COLLEGES 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 HOBART AND WILLIAM SMITH COLLEGES 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 HOBART AND WILLIAM SMITH COLLEGES 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 HOBART AND WILLIAM SMITH COLLEGES?
- The 990 for the year ended June 30, 2025 names MR MARK D GEARAN.
- Who are the officers and directors of HOBART AND WILLIAM SMITH COLLEGES?
- The 990 for the year ended June 30, 2025 lists 42 people; 9 received compensation from the organization, the highest $712,130 (MARK GEARAN, PRESIDENT).
- How much revenue does HOBART AND WILLIAM SMITH COLLEGES have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $282,262,187, expenses of $201,006,687 and total assets of $514,461,027 at year end.
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