MARIA COLLEGE

EIN: 141463151 501(c)(3)

ALBANY, NY

Total Revenue
$16,692,386
Total Expenses
$18,273,389
Total Assets
$27,206,354
Net Assets
$19,274,183
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
NY
Principal Officer
VIRGINIA ARBOUR
Phone
5184383111
Tax Period
2024-07-01 to 2025-06-30

MARIA COLLEGE, founded in 1959, is a mid-sized nonprofit that reported $16.7M in total revenue in fiscal year 2024.

Mission

MARIA COLLEGE IS A CATHOLIC COLLEGE, SPONSORED BY THE SISTERS OF MERCY OF THE AMERICAS. THE COLLEGE OFFERS ASSOCIATES, BACHELORS, AND MASTERS DEGREES AND CERTIFICATE PROGRAMS IN PREDOMINANTLY HEALTHCARE-RELATED FIELDS. THE COLLEGE IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION AND ITS DEGREE PROGRAMS ARE REGISTERED BY THE NEW YORK STATE DEPARTMENT OF EDUCATION AND APPROVED BY THE UNIVERSITY OF THE STATE OF NEW YORK.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,456,450
Program Service Revenue $14,251,954
Investment Income $527,897
Other Revenue $456,085
TOTAL REVENUE $16,692,386

Expense Breakdown

Grants Paid $679,440
Salaries & Benefits $9,843,344
Fundraising Expenses $0
Program Expenses $12,507,762
Other Expenses $7,750,605
TOTAL EXPENSES $18,273,389

Year-over-Year Comparison

2024 2023 Change
Revenue $16,692,386 $17,048,493 0.0%
Expenses $18,273,389 $18,700,264 0.0%
Net Income $-1,581,003 $-1,651,771 0.0%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
17
Independent Members
13
Employees
216
Volunteers
17

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
$431,516
Total Directors
17
$346,203
Key Employees
3
$608,917
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW KAUFMAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
EDWARD GARRIGAN VICE CHAIR 1.00
Officer Director
$0 $0 $0
DR MARY JO LAPOSTA RN PAST BOARD CHAIR/SECRETARY 1.00
Officer Director
$0 $0 $0
TOM W ROBERT TREASURER 1.00
Officer Director
$0 $0 $0
JOE BONILLA TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL CASSIDY TRUSTEE 1.00
Director
$0 $0 $0
PAULA COLARUSSO TRUSTEE 1.00
Director
$0 $0 $0
BARTLEY J COSTELLO ESQ TRUSTEE 1.00
Director
$0 $0 $0
DR ANGELA DOMINELLI TRUSTEE 1.00
Director
$0 $0 $0
DR HELEN FIGGS TRUSTEE 1.00
Director
$0 $0 $0
JUDITH KAPP RSM TRUSTEE 1.00
Director
$0 $0 $0
JEAN MCGINTY RSM TRUSTEE 1.00
Director
$0 $0 $0
KAREN MCKENNA RN TRUSTEE 1.00
Director
$0 $0 $0
CAROLE TARIO MONTEPARE TRUSTEE 1.00
Director
$0 $0 $0
ELLEN MURRAY RSM PHD TRUSTEE 1.00
Director
$0 $0 $0
MAUREEN WENDELL TRUSTEE 1.00
Director
$0 $0 $0
LYNN ORTALE PHD PRESIDENT 37.50
Officer Director
$307,010 $39,193 $346,203
VIRGINIA ARBOUR VICE PRESIDENT FOR FINANCE 37.50
Officer
$80,433 $4,880 $85,313
VICKI DILORENZO VP FOR INSTITUTIONAL ADAVA 37.50
Key Emp
$210,604 $21,040 $231,644
ANNE JUNG PHD VP FOR ACADEMIC AFFAIRS 37.50
Key Emp
$184,495 $19,493 $203,988
WENDY TREVOR SENIOR ASSOCIATE VP FOR ST 37.50
Key Emp
$164,376 $8,909 $173,285
JESSICA NAPOLI-MCNALLY ASSOCIATE DEAN OF NURSING 37.50
Highest
$149,782 $17,055 $166,837
RENEE DIAZ NURSING, FACULTY 37.50
Highest
$161,274 $2,360 $163,634
DONALD KALLEMBACH FOUNDING PROGRAM DIRECTOR 37.50
Highest
$116,947 $16,625 $133,572
KATHRYN SHENKER-GOULD MSOT, FACULTY 37.50
Highest
$121,222 $8,835 $130,057
JACQUELINE MAHONEY AVP, INSTITUTIONAL ADVANCEMENT 37.50
Highest
$130,532 $17,010 $147,542
JOSEPH MCDONALD FORMER VICE PRESIDENT FOR FINANCE (APRIL 2024) 37.50
$105,413 $6,025 $111,438
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 $16,692,386 $18,273,389 $27,206,354 $-1,581,003
2024 $17,048,493 $18,700,264 $27,209,111 $-1,651,771
2023 $13,626,721 $17,590,582 $27,597,006 $-3,963,861
2022 $16,590,651 $17,769,610 $32,879,960 $-1,178,959
2021 $17,053,225 $15,125,155 $31,705,663 $1,928,070
2020 $13,308,531 $13,817,353 $29,157,662 $-508,822
2019 $14,214,532 $13,391,490 $28,163,391 $823,042
2018 $13,662,913 $12,406,314 $27,983,775 $1,256,599
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MARIA COLLEGE with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.