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Nonprofit · EIN 22-1529785

SAINT ELIZABETH UNIVERSITY

Tax-exempt · MORRISTOWN, NJ 07960

Financials

$40.6M$43.6M2022$41M$43.9M2023$38.7M$43.9M2024
Revenue Expenses · by fiscal year end
Financials of SAINT ELIZABETH UNIVERSITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$38,692,585$43,948,564-$5,255,979$61,884,131$28,042,604$33,841,527
June 30, 2024990$40,971,752$43,938,875-$2,967,123$67,257,639$29,046,548$38,211,091
June 30, 2023990$40,619,565$43,572,263-$2,952,698$68,915,503$28,266,338$40,649,165
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,680,970
of which government grants
$2,828,515
Program service revenue
$30,783,918
Investment income
$2,247,466
Net rental income
$627,010
Net gain from sales of assets
$1,432,125
Net income from fundraising events
-$66,978
Tax-exempt bond proceeds
$4,952
Other revenue
$980,231

Expenses

Grants and similar amounts paid
$9,697,991
Compensation of officers, directors and key employees
$711,890
Other salaries and wages
$11,814,108
Salaries, compensation and benefits (total)
$15,610,216
Professional fundraising fees
$22,510
Legal fees
$430,983
Accounting fees
$76,400
Occupancy
$2,575,679
Travel
$397,644
Depreciation
$2,884,799
Program services (functional)
$34,928,298
Management and general (functional)
$8,358,150
Fundraising (functional)
$662,116

Balance sheet and other

Total assets, start of year
$67,257,639
Total assets, end of year
$61,884,131
Total liabilities, end of year
$28,042,604
Net assets, end of year
$33,841,527
Land, buildings and equipment
$31,673,087
Publicly traded securities
$14,605,775
Net assets without donor restrictions
$14,603,983
Net assets with donor restrictions
$19,237,544
Gross receipts
$53,905,140
Employees
555
Volunteers
21
Year formed
1900
State of legal domicile
NJ

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 GARY CROSBYPRESIDENT AND TREASURER
Trustee or director, Officer
40$398,691$52,579
AARON ASKACHIEF OPERATING & FINANCE OFFICER
Officer
40$245,198$1,512
ANNE BARTLETTVP ACADEMIC AFFAIRS
Highest-paid employee
40$186,628$37,343
THALIA WILSONVP OF STRATEGIC ENROLLMENT MGMT
Highest-paid employee
40$187,423$12,911
ANTHONY SANTAMARIAVP ACADEMIC AFFAIRS
Highest-paid employee
40$105,873$49,756
JEFFREY GUTKINCHIEF INFO. & INNOVATION OFFICER
Highest-paid employee
40$149,914$4,796
MICHAEL J MCGOVERNSEU BOARD OF TRUSTEES CHAIR
Trustee or director, Officer
1$0$0
REVEREND ALTON CRAIG DUNNTRUSTEE
Trustee or director
1$0$0
SISTER CECILIA MCMANUS SCTRUSTEE
Trustee or director
1$0$0
LATHROP CRAIGTRUSTEE
Trustee or director
1$0$0
DAVID M DALYTRUSTEE
Trustee or director
1$0$0
DONNA B MCNAMARATRUSTEE
Trustee or director
1$0$0
GAILON MCGOWENTRUSTEE
Trustee or director
1$0$0
IRENA MOORETRUSTEE
Trustee or director
1$0$0
LAURENCE FULTONTRUSTEE
Trustee or director
1$0$0
11 more people on this return
NameTitleHours / weekCompensation
MARC PHILIPPE DROUETTRUSTEE
Trustee or director
1$0
MARCIA Y CANTARELLATRUSTEE
Trustee or director
1$0
NIKKI SUMPTERTRUSTEE
Trustee or director
1$0
SISTER PATRICIA A MENNOR SCTRUSTEE
Trustee or director
1$0
RACHELLE BINTRUSTEE
Trustee or director
1$0
RAYMOND G KUNZTRUSTEE
Trustee or director
1$0
FATHER ROBERT MEYERTRUSTEE
Trustee or director
1$0
SCOTT LEIGHTYTRUSTEE
Trustee or director
1$0
SOOK MAY ONGTRUSTEE
Trustee or director
1$0
LOIS MANCUSOTRUSTEE
Trustee or director
1$0
PERRY JONESTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
Gary CrosbyPresident and Treasurer
Trustee or director, Officer
40$300,940$55,654
Anne BartlettVP Academic Affairs
Highest-paid employee
40$187,167$30,258
Aaron AskaChief Operating and Finance Officer
Officer
40$200,129$29
Jeffrey GutkinChief Information & Innovation Officer
Highest-paid employee
40$149,347$3,875
Medea ValdezPhysician Assistant Program Director
Highest-paid employee
40$116,607$8,837
Michael J McGovernSEU Board of Trustees Chair
Trustee or director, Officer
1$0$0
Craig LathropTrustee
Trustee or director
1$0$0
David M DalyTrustee
Trustee or director
1$0$0
Donna B McNamaraTrustee
Trustee or director
1$0$0
Father Robert MeyerTrustee
Trustee or director
1$0$0
Gailon McGowenTrustee
Trustee or director
1$0$0
Irena MooreTrustee
Trustee or director
1$0$0
Laurence FultonTrustee
Trustee or director
1$0$0
Lois MancusoTrustee
Trustee or director
1$0$0
Marc Philippe DrouetTrustee
Trustee or director
1$0$0
Marcia Y CantarellaTrustee
Trustee or director
1$0$0
Nikki SumpterTrustee
Trustee or director
1$0$0
Perry JonesTrustee
Trustee or director
1$0$0
Rachelle BinnTrustee
Trustee or director
1$0$0
Raymond G KunzTrustee
Trustee or director
1$0$0
Reverend Alton Craig DunnTrustee
Trustee or director
1$0$0
Scott LeightyTrustee
Trustee or director
1$0$0
Sister Cecilia McManus SCTrustee
Trustee or director
1$0$0
Sister Maureen DunneTrustee
Trustee or director
1$0$0
Sister Patricia A Mennor SCTrustee
Trustee or director
1$0$0
Sook May OngTrustee
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 32 people
NameTitleHours / weekCompensationOther / benefits
Gary CrosbyPresident and Treasurer
Trustee or director, Officer
40$297,609$52,545
Anne BartlettVP Academic Affairs
Highest-paid employee
40$186,826$16,011
Katherine M BuckVP Student Life
Highest-paid employee
40$148,012$14,942
Michael FescoeVP Finance & Administration (part year)
Highest-paid employee
40$129,446$3,245
Medea ValdezPhysician Assistant Program Director
Highest-paid employee
40$112,797$18,127
Jeffrey GutkinChief Information and Innovation Officer
Highest-paid employee
40$123,764$3,758
Elizabeth M RenyiSEU Board of Trustees Co-Chair (part year)
Trustee or director, Officer
1$0$0
Michael J McGovernSEU Board of Trustees Chair
Trustee or director, Officer
1$0$0
Ronald H LatailleSEU Board of Trustees Co-Chair (part year)
Trustee or director, Officer
1$0$0
David M DalyTrustee
Trustee or director
1$0$0
Donna B McNamaraTrustee
Trustee or director
1$0$0
Gailon McGowenTrustee
Trustee or director
1$0$0
Irena MooreTrustee
Trustee or director
1$0$0
Lathrop CraigTrustee
Trustee or director
1$0$0
Laurence FultonTrustee
Trustee or director
1$0$0
Lois MancusoTrustee
Trustee or director
1$0$0
Marcia Y CantarellaTrustee
Trustee or director
1$0$0
Nikki SumpterTrustee
Trustee or director
1$0$0
Perry JonesTrustee
Trustee or director
1$0$0
Rachelle BinnTrustee
Trustee or director
1$0$0
Raymond G KunzTrustee
Trustee or director
1$0$0
Rev Robert Sterling Meyer EsqTrustee (part year)
Trustee or director
1$0$0
Reverend Alton Craig DunnTrustee
Trustee or director
1$0$0
Sister Cecilia McManus SCTrustee
Trustee or director
1$0$0
Sister Deborah HumphreysTrustee (part year)
Trustee or director
1$0$0
Sister Maureen DunneTrustee
Trustee or director
1$0$0
Sister Patricia A Mennor SCTrustee
Trustee or director
1$0$0
Sook May OngTrustee
Trustee or director
1$0$0
Susan McGlory MichelTrustee (part year)
Trustee or director
1$0$0
Winifred M JohansonTrustee (part year)
Trustee or director
1$0$0
Aaron AskaVP Finance and Administration
Officer
40$0$0
David Sabroni IIInterim VP Institutional Advancement (part year)
Officer
35$0$0

Address and contacts

Address (IRS master file)
2 CONVENT RD, MORRISTOWN, NJ 07960-6923
In care of
% ANTHONY COLABRARO
Principal officer (990 for 2024)
DR GARY CROSBY, 2 CONVENT ROAD, MORRISTOWN, NJ 07960
Signed the 990
DR GARY CROSBY, PRESIDENT AND TREASURER
Phone
(973) 290-4000
Return prepared by
CRI CAPIN CROUSE ADVISORS LLC

Mission

THE MISSION OF THE SAINT ELIZABETH UNIVERSITY, SPONSORED BY THE SISTERS OF CHARITY, IS TO BE A COMMUNITY OF LEARNING IN THE CATHOLIC LIBERAL ARTS TRADITION FOR STUDENTS OF DIVERSE AGES, BACKGROUNDS, AND CULTURES. (CONTINUED ON SCHEDULE O)THROUGH THE VISION AND CORE VALUES OF ELIZABETH ANN SETON, VINCENT DEPAUL, AND LOUISE DE MARILLAC AND ROOTED IN GOSPEL VALUES AND IN CATHOLIC SOCIAL TEACHING, THE SAINT ELIZABETH UNIVERSITY AFFIRMS ITS SOLIDARITY WITH THE POOR AND ITS COMMITMENT IN SERVICE TO THE COMMUNITY.

990 for the year ended June 30, 2025

Program accomplishments

  • SAINT ELIZABETH UNIVERSITY, A NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION, IS A UNIVERSITY IN THE CATHOLIC, LIBERAL ARTS TRADITION. FOUNDED AS A LIBERAL ARTS COLLEGE FOR WOMEN IN 1899 BY THE SISTERS OF CHARITY OF SAINT ELIZABETH, THE COLLEGE WAS ONE OF THE FIRST CATHOLIC COLLEGES IN THE UNITED STATES TO AWARD DEGREES TO WOMEN. THE COLLEGE BECAME INCORPORATED UNDER NEW JERSEY STATE LAW IN MAY 1900 AND GRANTED ITS FIRST BACCALAUREATE DEGREES IN JUNE 1903. SINCE THEN, THE COLLEGE HAS STEADILY DEVELOPED AND IS NOW A CO-EDUCATIONAL INSTITUTION CLASSIFIED AMONG "MASTER'S COLLEGES & UNIVERSITIES: MEDIUM PROGRAMS" IN THE CARNEGIE SYSTEM.(CONTINUED ON SCHEDULE O)THE COLLEGE BECAME SAINT ELIZABETH UNIVERSITY ON JULY 1, 2020. THE UNIVERSITY OFFERS 28 BACCALAUREATE DEGREE PROGRAMS, 17 MASTER'S DEGREE PROGRAMS, 2 DOCTORAL PROGRAMS, AND A VARIETY OF PROFESSIONAL CERTIFICATIONS AND CERTIFICATES.
    Expenses $34,928,298 · grants $9,697,991 · revenue $31,204,117

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
22-1529785
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Exempt since
1946
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B420)
Assets (IRS master file)
$61,884,131
Income (IRS master file)
$53,905,140

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$38,692,585$43,948,564$61,884,131XML
990June 2024$40,971,752$43,938,875$67,257,639XML
990June 2023$40,619,565$43,572,263$68,915,503XML
990June 2022$45,508,432$44,012,680$71,941,705IRS
990June 2021–––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 22-1529785).

Questions about SAINT ELIZABETH UNIVERSITY

What is the EIN of SAINT ELIZABETH UNIVERSITY?
The employer identification number (EIN) of SAINT ELIZABETH UNIVERSITY is 22-1529785.
Is SAINT ELIZABETH UNIVERSITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
Which annual return does SAINT ELIZABETH 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 SAINT ELIZABETH 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 SAINT ELIZABETH 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 SAINT ELIZABETH UNIVERSITY?
The 990 for the year ended June 30, 2025 names DR GARY CROSBY.
Who are the officers and directors of SAINT ELIZABETH UNIVERSITY?
The 990 for the year ended June 30, 2025 lists 26 people; 6 received compensation from the organization, the highest $398,691 (DR GARY CROSBY, PRESIDENT AND TREASURER).
How much revenue does SAINT ELIZABETH UNIVERSITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $38,692,585, expenses of $43,948,564 and total assets of $61,884,131 at year end.

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