Le Moyne College

EIN: 150545841 501(c)(3) Education

SYRACUSE, NY

Total Revenue
$160,351,641
Total Expenses
$160,629,257
Total Assets
$450,710,703
Net Assets
$347,600,326
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Phone
3154454174
Tax Period
2024-06-01 to 2025-05-31

Le Moyne College, founded in 1946, is a major nonprofit in the Education sector that reported $160.4M in total revenue in fiscal year 2024. Net assets of $347.6M represent 26 months of operating reserves.

Mission

The College is a diverse learning community that strives for academic excellence in the Catholic and Jesuit tradition through comprehensive programs rooted in the liberal arts and sciences.

Program Service Accomplishments

Program 1
Expenses: $96,820,794 Revenue: $114,592,410

Le Moyne College offers undergraduate and graduate, programs to approximately 2,500 full-time and 650 part-time equivalents in over 100 areas of study. In addition to instruction offered in...

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Le Moyne College offers undergraduate and graduate, programs to approximately 2,500 full-time and 650 part-time equivalents in over 100 areas of study. In addition to instruction offered in individual academic disciplines, all undergraduate students engage in a core curriculum which seeks to provide a foundation in the liberal arts and sciences and refine students' critical thinking and communication skills. Within the core curriculum students deepen their understanding of the diverse ways in which women and men throughout history have responded to enduring questions about meaning and order in the physical universe, in social and political processes, and in human experience. Each year, approximately 1% of Le Moyne students also take part in the College's study abroad program to enhance their educational experience, immerse themselves in a new way of life and develop new perspectives on the people and cultures of other lands.

Program 2
Expenses: $26,331,596 Revenue: $19,854,431

In keeping with the College's mission and Jesuit tradition of educating the whole person, Le Moyne offers a variety of student services to meet student needs outside the classroom. These services...

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In keeping with the College's mission and Jesuit tradition of educating the whole person, Le Moyne offers a variety of student services to meet student needs outside the classroom. These services enhance the quality of student life and foster student social development. Activities and services revolve around key areas including housing and food service, personal counseling, health services, service learning, career planning and placement, and intercollegiate athletics. In particular, Campus Ministry offers a variety of retreat and alternative break programs to students looking to engage in spiritual growth and answer the call to be leaders in serving the needs of others, as well as opportunities to take part in liturgical ministries. The Office of Service Learning integrates community service opportunities with academic coursework in recognition of the social justice component of a Jesuit education. Finally, the Office of Career Services offers seminars and workshops on a variety of topics including resume writing, interviewing, and graduate-school planning, along with recruiting programs featuring employers from a variety of industries.

Program 3
Expenses: $12,321,384

The College offers several programs through its public service function to assist socially- and economically-disadvantaged high school students in successfully completing their secondary education...

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The College offers several programs through its public service function to assist socially- and economically-disadvantaged high school students in successfully completing their secondary education and providing an opportunity to enter some form of post-secondary education. These programs provide advisement and tutoring experiences, as well as outside enrichment activities. The College also operates an academic support center offering tutoring and study groups to assist students in their coursework, to provide individual consultations to improve students' learning strategies and study skills, to provide support and counseling for students on academic probation, and to administer accommodations for students with learning and other disabilities. In addition to the Academic Support Center, the Noreen Reale Falcone Library supports the educational goals of Le Moyne College through a process of continuous review and improvement of collections, instructional programs, technology, and information services. The Library collection contains over 189,855 book titles (encompassing 221,987 volumes), 574,222 e-book titles, 1,356 print and 93,853 electronic periodical subscriptions, and 9,750 videos. In addition to in-house collections, access is provided to over 327 databases, that grant access to 110,378 digital media items.

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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 $21,074,692
Program Service Revenue $125,376,465
Investment Income $4,964,595
Other Revenue $8,935,889
TOTAL REVENUE $160,351,641

Expense Breakdown

Grants Paid $56,486,110
Salaries & Benefits $61,187,038
Fundraising Expenses $3,446,551
Program Expenses $135,473,774
Other Expenses $42,293,104
TOTAL EXPENSES $160,629,257

Year-over-Year Comparison

2024 2023 Change
Revenue $160,351,641 $166,474,047 0.0%
Expenses $160,629,257 $157,097,711 +0.0%
Net Income $-277,616 $9,376,336 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
43
Independent Members
41
Employees
1681
Volunteers
1839

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
3
$1,158,530
Total Directors
43
$554,835
Key Employees
3
$747,075
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Linda LeMura PHD President/Trustee 40.0
Officer Director
$522,170 $32,665 $554,835
Aminy Audi Trustee 1.0
Director
$0 $0 $0
Angelo Rizzo Trustee 1.0
Director
$0 $0 $0
Anthony Dwyer Trustee 1.0
Director
$0 $0 $0
Barbara McHugh Trustee 1.0
Director
$0 $0 $0
Bonita Lindberg Trustee 1.0
Director
$0 $0 $0
Brian Iaia Trustee 1.0
Director
$0 $0 $0
Christopher Curtis Trustee 1.0
Director
$0 $0 $0
Daniel McNeil Trustee 1.0
Director
$0 $0 $0
Denise Quinn Trustee 1.0
Director
$0 $0 $0
Derek Zuckerman Trustee 1.0
Director
$0 $0 $0
Dominick Pullano Trustee 1.0
Director
$0 $0 $0
Elizabeth Allen Trustee 1.0
Director
$0 $0 $0
Erick Berrelleza Trustee 1.0
Director
$0 $0 $0
Evelyn Ingram Trustee 1.0
Director
$0 $0 $0
Gina Metts Trustee 1.0
Director
$0 $0 $0
Jason Downer Trustee 1.0
Director
$0 $0 $0
Jeanette Epps Trustee 1.0
Director
$0 $0 $0
Jeffrey Vukelic Trustee 1.0
Director
$0 $0 $0
John Mullman Trustee 1.0
Director
$0 $0 $0
John Quattrone Trustee 1.0
Director
$0 $0 $0
Joseph Mirabito Trustee 1.0
Director
$0 $0 $0
Joseph Powers Trustee 1.0
Director
$0 $0 $0
Joseph Savage Trustee 1.0
Director
$0 $0 $0
Kathleen Forbush Trustee 1.0
Director
$0 $0 $0
Kent Syverud Trustee 1.0
Director
$0 $0 $0
Kimberly Townsend Trustee 1.0
Director
$0 $0 $0
Kristen Martin Trustee 1.0
Director
$0 $0 $0
Kurt Ohliger Trustee 1.0
Director
$0 $0 $0
Marcus Washington Trustee 1.0
Director
$0 $0 $0
Mario Powell Trustee 1.0
Director
$0 $0 $0
Melissa Zell Trustee 1.0
Director
$0 $0 $0
Michael Corasaniti Trustee 1.0
Director
$0 $0 $0
Neal Quartier Trustee 1.0
Director
$0 $0 $0
Peter DiLaura Trustee 1.0
Director
$0 $0 $0
Philip Florio Trustee 1.0
Director
$0 $0 $0
Richard Locastro Trustee 1.0
Director
$0 $0 $0
Robert Moriarty Trustee 1.0
Director
$0 $0 $0
Robert Reiser Trustee 1.0
Director
$0 $0 $0
Robert Turner Trustee 1.0
Director
$0 $0 $0
Sharon Kinsman Salmon Trustee 1.0
Director
$0 $0 $0
Thomas Fiscoe Trustee 1.0
Director
$0 $0 $0
William Sorenson Trustee 1.0
Director
$0 $0 $0
James Hannan Provost 40.0
Officer
$221,818 $36,307 $258,125
Joseph Grasso VP Fin/Admin & Treasurer 40.0
Officer
$314,343 $31,227 $345,570
James Joseph VP Advancement & Innovation 40.0
Key Emp
$256,514 $48,686 $305,200
Sebastian Notaro AVP Finance 40.0
Key Emp
$159,967 $25,478 $185,445
Timothy Lee VP Enrollment Management 40.0
Key Emp
$210,095 $46,335 $256,430
Chandan Jha Associate Professor 40.0
Highest
$168,947 $39,920 $208,867
Magdoleen Ierlan Associate Professor 40.0
Highest
$157,072 $39,132 $196,204
Margaret Wells Dean, Purcell School for Graduate & Professional Studies 40.0
Highest
$160,544 $36,899 $197,443
Shaun Black AVP Information Technology 40.0
Highest
$186,125 $44,533 $230,658
Shin-Jeng Lin Professor 40.0
Highest
$160,116 $39,122 $199,238
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 $160,351,641 $160,629,257 $450,710,703 $-277,616
2024 $166,474,047 $157,097,711 $434,897,283 $9,376,336
2023 $148,595,597 $143,645,844 $403,274,869 $4,949,753
2022 $160,365,899 $145,983,369 $407,704,263 $14,382,530
2021 $154,678,806 $131,897,133 $403,093,667 $22,781,673
2020 $129,877,332 $133,330,869 $340,453,574 $-3,453,537
2019 $141,054,940 $130,616,366 $345,570,276 $10,438,574
2018 $144,262,108 $128,310,994 $346,802,451 $15,951,114
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