SIENA UNIVERSITY

EIN: 141338498 501(c)(3) Education

LOUDONVILLE, NY

Total Revenue
$226,244,998
Total Expenses
$219,901,698
Total Assets
$401,722,190
Net Assets
$331,390,707
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
NY
Principal Officer
JULEE GARD
Phone
5187832300
Tax Period
2024-06-01 to 2025-05-31

SIENA UNIVERSITY, founded in 1937, is a major nonprofit in the Education sector that reported $226.2M in total revenue in fiscal year 2024.

Mission

CERTAIN OFFICERS MAY UTILIZE FIRST CLASS TRAVEL WHEN COACH ACCOMMODATIONS ARE UNAVAILABLE OR IN THE CASE OF EXTENUATING CIRCUMSTANCES SUCH AS DEMANDING FLIGHT SCHEDULES, EXTENDED FLIGHT TIMES OR BY GIVING PRIOR WRITTEN AUTHORIZATION FOR FIRST CLASS OR BUSINESS TRAVEL. THE TRAVELER PROVIDED THE UNIVERSITY WITH APPROPRIATE SUBSTANTIATION FOR THE EXPENSE INCURRED. COUNTRY CLUB DUES WERE PROVIDED TO THE PRESIDENT, THE DIRECTOR OF THE SIENA UNIVERSITY INSTITUTE, AND THE VP OF DEVELOPMENT AND EXTERNAL AFFAIRS TO INCREASE THE UNIVERSITY'S PRESENCE IN THE COMMUNITY AND AMONG BUSINESS LEADERS. ANY PERSONAL USE OF THE COUNTRY CLUB DUES ARE INCLUDED IN THE LISTED PERSON'S FORM W-2.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,075,567
Program Service Revenue $198,096,900
Investment Income $12,754,105
Other Revenue $318,426
TOTAL REVENUE $226,244,998

Expense Breakdown

Grants Paid $90,048,159
Salaries & Benefits $81,369,476
Fundraising Expenses $3,000,637
Program Expenses $198,860,596
Other Expenses $48,484,063
TOTAL EXPENSES $219,901,698

Year-over-Year Comparison

2024 2023 Change
Revenue $226,244,998 $216,345,149 +0.0%
Expenses $219,901,698 $210,052,921 +0.0%
Net Income $6,343,300 $6,292,228 +0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
32
Independent Members
31
Employees
2097
Volunteers
38

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
14
$2,419,305
Total Directors
31
$524,303
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES SEIFERT PRESIDENT 50.00
Officer Director
$463,763 $60,540 $524,303
THOMAS J BALDWIN JR TRUSTEE - CHAIR 10.00
Director
$0 $0 $0
THOMAS AMELL TRUSTEE - VICE CHAIR 1.00
Director
$0 $0 $0
RONALD E BJORKLUND TRUSTEE - VICE CHAIR 2.00
Director
$0 $0 $0
BR BASIL J VALENTE OFM TRUSTEE - SECRETARY 2.00
Director
$0 $0 $0
VIRGINIA DARROW TRUSTEE - TREASURER 1.00
Director
$0 $0 $0
DAVID BROWN TRUSTEE 2.00
Director
$0 $0 $0
THOMAS BURKE TRUSTEE 2.00
Director
$0 $0 $0
TODD CURLEY TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN DIGAN TRUSTEE 1.00
Director
$0 $0 $0
JAMES GANNON OFM TRUSTEE 2.00
Director
$0 $0 $0
JOHN HELD TRUSTEE 10.00
Director
$0 $0 $0
STEVEN LAMY TRUSTEE 5.00
Director
$0 $0 $0
WALTER LISS OFM TRUSTEE 1.00
Director
$0 $0 $0
ERICK LOPEZ OFM TRUSTEE 1.00
Director
$0 $0 $0
JAN MACDONNELL TRUSTEE 1.00
Director
$0 $0 $0
JOANNE E MALOY TRUSTEE 4.00
Director
$0 $0 $0
TEHRESA MASSENA TRUSTEE 1.00
Director
$0 $0 $0
MALLORY MASSRY TRUSTEE 3.00
Director
$0 $0 $0
BURGANDY-LEIGH MCCURTY TRUSTEE 2.00
Director
$0 $0 $0
JOHN MCMAHON TRUSTEE 2.00
Director
$0 $0 $0
JUDY CAPANO MICHAELSON TRUSTEE 5.00
Director
$0 $0 $0
JOHN MORLEY TRUSTEE 2.00
Director
$0 $0 $0
LISA MOSER TRUSTEE 4.00
Director
$0 $0 $0
KEVIN MULLEN OFM TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA NASHELSKY TRUSTEE 10.00
Director
$0 $0 $0
JOHN NIGRO TRUSTEE 1.00
Director
$0 $0 $0
NIPA NOBEL TRUSTEE 1.00
Director
$0 $0 $0
DIANA OSTROFF TRUSTEE 1.00
Director
$0 $0 $0
DANIEL RUTNIK TRUSTEE 5.00
Director
$0 $0 $0
TIMOTHY TATTAM TRUSTEE 1.00
Director
$0 $0 $0
MARGARET MADDEN PROVOST SENIOR VICE PRESIDENT 50.00
Officer
$294,923 $33,725 $328,648
ADAM CASLER INTERIM VP OF STUDENT LIFE 50.00
Officer
$0 $0 $0
DAVID SMITH VP DEVELOPMENT & EXTERNAL 50.00
Officer
$165,266 $31,365 $196,631
WILLIAM MCGOLDRICK INTERIM VP DEVELOPMENT & ALUMNI ENGAGEMENT 50.00
Officer
$0 $0 $0
YVONNE M BERRY INTERIM VP FOR FINANCE & ADMIN 50.00
Officer
$0 $0 $0
EDWARD JONES VP ENROLLMENT MGMT 50.00
Officer
$196,261 $55,233 $251,494
JOHN D'ARGENIO VP & DIRECTOR OF ATHLETICS 50.00
Officer
$188,673 $34,431 $223,104
JASON RICH VP STRATEGY, COMMUNICATION 50.00
Officer
$169,677 $16,946 $186,623
MARYELLEN GILROY VP STUDENT LIFE 50.00
Officer
$194,281 $19,224 $213,505
MARY STRUNK VP FINANCE AND ADMINISTRAT 50.00
Officer
$187,881 $43,027 $230,908
MICHAEL HICKEY VP CHIEF OF STAFF 50.00
Officer
$167,088 $97,001 $264,089
FR MARK REAMER VP FOR MISSION 50.00
Officer
$0 $0 $0
SARAH BERKE FACULTY CHAIR 50.00
Officer
$0 $0 $0
RASHMI H ASSUDANI DEAN, SCHOOL OF BUSINESS 50.00
Highest
$268,571 $55,868 $324,439
CARMEN MACIARIELLO FORMER MEN'S HEAD COACH BASKETBALL 50.00
Highest
$229,540 $25,301 $254,841
GERARD MCNAMARA CURRENT MEN'S HEAD COACH BASKETBALL 50.00
Highest
$340,798 $57,882 $398,680
MARY PARLETT-SWEENEY CIO 50.00
Highest
$172,705 $49,134 $221,839
CHESTER BREARY PROFESSOR OF ACCOUNTING/BUSINESS LAW 50.00
Highest
$154,128 $45,010 $199,138
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 $226,244,998 $219,901,698 $401,722,190 $6,343,300
2024 $216,345,149 $210,052,921 $379,621,201 $6,292,228
2023 $210,079,699 $203,622,681 $354,592,504 $6,457,018
2022 $209,305,526 $197,889,456 $358,979,613 $11,416,070
2021 $192,864,150 $176,239,172 $358,738,238 $16,624,978
2020 $168,124,904 $170,032,479 $311,119,313 $-1,907,575
2019 $175,447,815 $171,700,271 $308,467,010 $3,747,544
2018 $195,392,455 $169,136,849 $310,196,946 $26,255,606
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