MARIST COLLEGE

EIN: 141442493 501(c)(3) Education

POUGHKEEPSIE, NY

Total Revenue
$333,001,492
Total Expenses
$318,255,078
Total Assets
$1,014,810,614
Net Assets
$741,330,712
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Principal Officer
KEVIN WEINMAN
Phone
8455753000
Tax Period
2022-07-01 to 2023-06-30

MARIST COLLEGE, founded in 1946, is a major nonprofit in the Education sector that reported $333.0M in total revenue in fiscal year 2022. Expenses of $318.3M left a modest 4% surplus.

Mission

MARIST COLLEGE IS DEDICATED TO HELPING DEVELOP THE INTELLECT, CHARACTER (CONT IN SCHEDULE O)AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY.

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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 $10,448,568
Program Service Revenue $305,295,333
Investment Income $12,876,957
Other Revenue $4,380,634
TOTAL REVENUE $333,001,492

Expense Breakdown

Grants Paid $102,310,990
Salaries & Benefits $120,354,681
Fundraising Expenses $2,359,562
Program Expenses $291,646,220
Other Expenses $95,447,247
TOTAL EXPENSES $318,255,078

Year-over-Year Comparison

2022 2021 Change
Revenue $333,001,492 $326,924,442 +0.0%
Expenses $318,255,078 $299,264,350 +0.1%
Net Income $14,746,414 $27,660,092 -0.5%
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
27
Independent Members
27
Employees
3728
Volunteers
223

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
7
$2,390,840
Total Directors
32
$0
Key Employees
7
$2,162,321
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSS A MAURI CHAIR 2.00
Officer Director
$0 $0 $0
TIM TENNEY VICE CHAIR 1.00
Director
$0 $0 $0
CHRISTOPHER G MCCANN VICE CHAIR 1.00
Director
$0 $0 $0
ROBERT R DYSON TRUSTEE 1.00
Director
$0 $0 $0
NEIL BENDER TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY G BRIER TRUSTEE (THRU 02/2023) 1.00
Director
$0 $0 $0
JAMES A CANNAVINO TRUSTEE (THRU 05/2023) 1.00
Director
$0 $0 $0
STEPHEN COSGROVE TRUSTEE 1.00
Director
$0 $0 $0
STEVEN EFFRON TRUSTEE 1.00
Director
$0 $0 $0
STANLEY E HARRIS TRUSTEE 1.00
Director
$0 $0 $0
DANIEL G HICKEY SR TRUSTEE 1.00
Director
$0 $0 $0
JAMES P HONAN TRUSTEE 1.00
Director
$0 $0 $0
BROTHER JOHN KLEIN TRUSTEE 1.00
Director
$0 $0 $0
SURESH KOTHAPALLI TRUSTEE (THRU 11/2022) 1.00
Director
$0 $0 $0
PATRICK M LAVELLE TRUSTEE 1.00
Director
$0 $0 $0
GENINE MCCORMICK TRUSTEE 1.00
Director
$0 $0 $0
SUSAN L COHEN TRUSTEE 1.00
Director
$0 $0 $0
LAURIE DEJONG TRUSTEE 1.00
Director
$0 $0 $0
MARK V DENNIS TRUSTEE 1.00
Director
$0 $0 $0
DONALD DUET TRUSTEE 1.00
Director
$0 $0 $0
JEROME A PICKETT TRUSTEE 1.00
Director
$0 $0 $0
BROTHER SEAN SAMMON TRUSTEE (THRU 09/2022) 1.00
Director
$0 $0 $0
ALVIN PATRICK TRUSTEE 1.00
Director
$0 $0 $0
ROBERT SHANAHAN TRUSTEE 1.00
Director
$0 $0 $0
MAUREEN O'ROURKE TRUSTEE 1.00
Director
$0 $0 $0
GREG GARTLAND TRUSTEE 1.00
Director
$0 $0 $0
JAMES M BARNES TRUSTEE 1.00
Director
$0 $0 $0
EILEEN ALTOBELLI TRUSTEE (THRU 06/2023) 1.00
Director
$0 $0 $0
DONNA DILLENBERGER TRUSTEE 1.00
Director
$0 $0 $0
DIRK MCMAHON TRUSTEE 1.00
Director
$0 $0 $0
KRISTIN NOTO TRUSTEE 1.00
Director
$0 $0 $0
ANTHONY LORELLO TRUSTEE (AS OF 06/2023) 1.00
Director
$0 $0 $0
GEOFFREY L BRACKETT EXECUTIVE VICE PRESIDENT 51.00
Officer
$433,479 $77,225 $510,704
THOMAS WERMUTH VP OF ACADEMIC AFFAIRS 50.00
Officer
$309,405 $50,041 $359,446
KEVIN WEINMAN PRESIDENT 50.00
Officer
$719,368 $187,482 $906,850
EMILY SALAND CHIEF OF STAFF/SECRETARY 50.00
Officer
$189,188 $63,060 $252,248
ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 50.00
Officer
$296,289 $65,303 $361,592
CATHERINE KODAT PROV/DEAN OF FACULTY (AS OF 03/2023) 50.00
Officer
$0 $0 $0
SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 50.00
Key Emp
$314,671 $77,310 $391,981
MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 50.00
Key Emp
$326,005 $50,603 $376,608
CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 50.00
Key Emp
$266,968 $68,834 $335,802
DEBORAH DICAPRIO VP/DEAN OF STUDENT AFFAIRS 50.00
Key Emp
$245,440 $57,258 $302,698
JOHN RITSCHDORFF ASSOCIATE VP OF ACADEMIC AFFAIRS 50.00
Key Emp
$209,012 $52,963 $261,975
JUSTIN BUTWELL DIRECTOR OF PHYSICAL PLANT 51.00
Key Emp
$208,239 $52,048 $260,287
CHRISTINA DANIELE VP OF HUMAN RESOURCES 50.00
Key Emp
$173,903 $59,067 $232,970
LEE MIRINGOFF DIRECTOR OF MIPO 50.00
Highest
$310,395 $63,178 $373,573
JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 50.00
Highest
$360,667 $36,226 $396,893
ROGER NORTON DEAN, COMPUTER SCIENCE & MATH 50.00
Highest
$262,504 $59,319 $321,823
ALICIA SLATER DEAN, SCHOOL OF SCIENCE 50.00
Highest
$250,935 $62,946 $313,881
BRIAN GIORGIS HEAD COACH, WOMEN'S BASKETBALL 50.00
Highest
$259,663 $37,680 $297,343
DENNIS J MURRAY PRESIDENT EMERITUS 40.00
$989,908 $237,645 $1,227,553
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 $333,001,492 $318,255,078 $1,014,810,614 $14,746,414
2022 $326,924,442 $299,264,350 $963,437,518 $27,660,092
2021 $319,351,046 $272,543,859 $944,369,086 $46,807,187
2020 $308,615,908 $281,437,399 $805,930,849 $27,178,509
2019 $304,626,300 $274,868,791 $792,027,555 $29,757,509
2018 $291,506,930 $258,781,040 $742,916,221 $32,725,890
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