ROGER WILLIAMS UNIVERSITY

EIN: 050277222 501(c)(3) Education

Bristol, RI

Total Revenue
$231,963,642
Total Expenses
$230,110,748
Total Assets
$285,176,680
Net Assets
$158,184,265
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
RI
Principal Officer
Ioannis Miaoulis
Phone
4012531040
Tax Period
2022-07-01 to 2023-06-30

ROGER WILLIAMS UNIVERSITY, founded in 1959, is a major nonprofit in the Education sector that reported $232.0M in total revenue in fiscal year 2022.

Mission

At Roger Williams University, students are prepared to be thinkers and doers ready to solve challenging problems with innovative solutions. RWU offers robust offerings of undergraduate, graduate and professional programs across eight schools of study including Rhode Island's only law school, with campuses on the coast of Bristol and in the heart of Providence, R.I. With small classrooms and a focus on undergraduate and graduate research and community engagement, a Roger Williams education blends the strength of liberal arts and professional studies, providing all students with the depth and breadth of interdisciplinary thinking and well-rounded knowledge necessary to succeed in our interconnected, global world. RWU is committed to strengthening society through engaged scholarship so that students graduate with the ability to think critically and apply the practical skills that today's employers demand.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $15,304,625
Program Service Revenue $212,072,325
Investment Income $1,460,937
Other Revenue $3,125,755
TOTAL REVENUE $231,963,642

Expense Breakdown

Grants Paid $74,519,830
Salaries & Benefits $97,058,300
Fundraising Expenses $3,433,354
Program Expenses $212,575,383
Other Expenses $58,532,618
TOTAL EXPENSES $230,110,748

Year-over-Year Comparison

2022 2021 Change
Revenue $231,963,642 $236,403,928 0.0%
Expenses $230,110,748 $221,517,272 +0.0%
Net Income $1,852,894 $14,886,656 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
27
Employees
3098
Volunteers
372

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,066,402
Total Directors
38
$800,886
Key Employees
3
$947,827
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ioannis N Miaoulis President 35
Officer Director
$604,342 $161,649 $765,991
Margaret C Everett Provost 40
Key Emp
$322,992 $89,595 $412,587
Robert J Griffin Dean of School of Engineering Computing & Construction Management 40
Highest
$275,114 $82,160 $357,274
Amy Sullivan Berkeley Vice President of Institutional Advancement 40
Highest
$254,493 $67,266 $321,759
Marc A Leonetti EVP for Finance & Administration 35
Officer
$230,170 $65,241 $295,411
Brian Williams Chief of Staff 40
Key Emp
$238,834 $45,937 $284,771
Susan M McTiernan Faculty, Dean GSB (until 12/22) 40
Highest
$237,772 $44,431 $282,203
John J King VP for Student Affairs 40
Key Emp
$207,393 $43,076 $250,469
Aaron Buzay AVP Institutional Advancement 40
Highest
$227,027 $20,850 $247,877
Stephanie P Manzi Faculty 40
Highest
$217,246 $21,898 $239,144
William Smith Trustee through February, 2023, Adjunct 1
Director
$0 $0 $29,895
Linn Foster Freedman Secretary 5.00
Officer Director
$0 $0 $5,000
Timothy Yeaton Trustee, Chairman as of October 2022 5
Officer Director
$0 $0 $0
Tony Masone Treasurer beginning February, 2023 1
Officer Director
$0 $0 $0
Lisa Raiola Trustee 1
Director
$0 $0 $0
Jerauld C Adams Trustee through September, 2022 1
Director
$0 $0 $0
James Andrade Trustee 1
Director
$0 $0 $0
Timothy Baxter Chairman through October, 2022 1
Director
$0 $0 $0
Nicole Benjamin Trustee 1
Director
$0 $0 $0
Heather Boujoulian Trustee 1
Director
$0 $0 $0
Richard L Bready Trustee Emeriti 1
Director
$0 $0 $0
Joseph M Brito Jr Trustee through October, 2022 1
Director
$0 $0 $0
Rodney A Butler Trustee 1
Director
$0 $0 $0
Doris De Los Santos Trustee 1
Director
$0 $0 $0
Julie Englund Trustee 1
Director
$0 $0 $0
Mario J Gabelli Trustee 1
Director
$0 $0 $0
Christopher J Gagliardi Trustee 1
Director
$0 $0 $0
William Geraghty Trustee 1
Director
$0 $0 $0
Jeff Grybowski Treasurer through February, 2023 1
Officer Director
$0 $0 $0
Peter A Heard Trustee 1
Director
$0 $0 $0
Les Hiscoe Trustee 1
Director
$0 $0 $0
Michael Integlia Trustee 1
Director
$0 $0 $0
Keith Johnson Trustee 1
Director
$0 $0 $0
Murray Karp Trustee 1
Director
$0 $0 $0
Laurie Landeau Trustee 1
Director
$0 $0 $0
William F McKeon Trustee 1
Director
$0 $0 $0
Howard Merten Trustee through February, 2023 1
Director
$0 $0 $0
Marcia Morris Trustee 1
Director
$0 $0 $0
Scott Pray Trustee 1
Director
$0 $0 $0
Frank Rainieri Jr Trustee 1
Director
$0 $0 $0
Todd Rechler Trustee 1
Director
$0 $0 $0
Regina Shakin Trustee 1
Director
$0 $0 $0
Brian P Stern Trustee through February 2023 1
Director
$0 $0 $0
Katherine Sulentic Trustee through February 2023 1
Director
$0 $0 $0
Arlene Violet Trustee Emeriti 1
Director
$0 $0 $0
Jerrold L Lavine Trustee Emeriti 1
Director
$0 $0 $0
Joseph D Whelan Trustee through October, 2022 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $231,963,642 $230,110,748 $285,176,680 $1,852,894
2022 $236,403,928 $221,517,272 $292,420,762 $14,886,656
2021 $216,955,994 $213,963,613 $298,569,657 $2,992,381
2020 $203,415,186 $206,534,094 $273,380,421 $-3,118,908
2019 $210,671,573 $210,548,110 $281,907,664 $123,463
2018 $209,619,698 $208,228,169 $282,024,282 $1,391,529
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