CALDWELL UNIVERSITY INC

EIN: 221500483 501(c)(3) Education

CALDWELL, NJ

Total Revenue
$85,349,331
Total Expenses
$85,484,680
Total Assets
$55,901,850
Net Assets
$28,935,352
🔒

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
1939
Legal Domicile
NJ
Principal Officer
JEFFREY D SENESE
Phone
9736183230
Tax Period
2024-07-01 to 2025-06-30

CALDWELL UNIVERSITY INC, founded in 1939, is a mid-sized nonprofit in the Education sector that reported $85.3M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

FOUNDED IN 1939 BY THE SISTERS OF SAINT DOMINIC, CALDWELL UNIVERSITY PROMOTES INTELLECTUAL, SPIRITUAL, AND AESTHETIC GROWTH TO A DIVERSE POPULATION AND WELCOMES ALL CULTURES AND FAITH TRADITIONS. INSPIRED BY ST. DOMINIC DE GUZMAN AND OUR CATHOLIC HERITAGE, WE MAKE A DIFFERENCE IN THE LIVES OF OUR STUDENTS AND PREPARE THEM THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES TO THINK CRITICALLY, PURSUE TRUTH, AND CONTRIBUTE TO A JUST SOCIETY.

Program Service Accomplishments

Program 1
Expenses: $72,621,717 Revenue: $77,097,205

IN THE FALL 2024 TERM, THE UNIVERSITY SERVED A DIVERSE BODY OF 16,177 UNDERGRADUATE AND 388 GRADUATE STUDENTS. SEVENTEEN PERCENT OF UNIVERSITY STUDENTS IDENTIFIED AS BLACK OR AFRICAN AMERICAN...

Read more

IN THE FALL 2024 TERM, THE UNIVERSITY SERVED A DIVERSE BODY OF 16,177 UNDERGRADUATE AND 388 GRADUATE STUDENTS. SEVENTEEN PERCENT OF UNIVERSITY STUDENTS IDENTIFIED AS BLACK OR AFRICAN AMERICAN, TWENTY-SIX PERCENT AS HISPANIC OF ANY RACE, FOUR PERCENT AS ASIAN, AND ONE PERCENT AS MULTIRACIAL. CALDWELL UNIVERSITY WAS RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION AS A HISPANIC-SERVING INSTITUTION IN MARCH 2020. WOMEN COMPRISE FIFTY-NINE PERCENT OF THE UNIVERSITY'S UNDERGRADUATE STUDENTS.TWENTY-TWO PERCENT OF CALDWELL STUDENTS ARE INTERNATIONAL STUDENTS REPRESENTING THIRTY-NINE COUNTRIES, INCLUDING A SIZEABLE GROUP OF STUDENTS FROM NEPAL. FOUR HUNDRED EIGHTY-EIGHT STUDENTS LIVE ON CAMPUS. A 12:1 STUDENT TO FACULTY RATIO HIGHLIGHTS THE INDIVIDUALIZED MENTORSHIP AND INSTRUCTION THAT CHARACTERIZE A CALDWELL EDUCATION. TO ENABLE ACCESS TO THE UNIVERSITY FOR ALL DESERVING STUDENTS, CALDWELL CONTRIBUTED OVER $39M OF TOTAL FINANCIAL AID FOR SCHOLARSHIPS, GRANTS, AND OTHER AID. NINETY-EIGHT PERCENT OF STUDENTS RECEIVE SOME TYPE OF FINANCIAL AID (FEDERAL, STATE, LOANS, INSTITUTIONAL, AND/OR PRIVATE). STUDENTS CHOOSE CALDWELL BECAUSE OF ITS NATIONALLY RECOGNIZED PROGRAMS; SMALL CLASS SIZES; LOW TUITION; GENEROUS FINANCIAL AID; SECURE AND BEAUTIFUL CAMPUS; EMPHASIS ON DEVELOPING GLOBAL CITIZENS; PERSONALIZED ATTENTION AND ADVISING; VIBRANT STUDENT CLUBS AND ACTIVITIES; CONVENIENT AND FLEXIBLE CLASS SCHEDULES; STRONG ACADEMIC SUPPORT SERVICES; AND A LOCATION IN ONE OF NEW JERSEY'S BEST TOWNS WITH CLOSE PROXIMITY TO NEW YORK CITY. NINETY-FIVE PERCENT OF RECENT BACHELOR'S DEGREE EARNERS ARE WORKING OR ENROLLED IN FURTHER EDUCATION. CALDWELL OFFERS OVER THIRTY UNDERGRADUATE DEGREE PROGRAMS AND OVER THIRTY GRADUATE DEGREE AND CERTIFICATE PROGRAMS, INCLUDING DOCTORAL PROGRAMS IN EDUCATION LEADERSHIP AND A DOCTORAL PROGRAM IN APPLIED BEHAVIOR ANALYSIS, THE FIRST IN NEW JERSEY. NEW ACADEMIC PROGRAMS ADDED INCLUDE A RANGE OF PROFESSIONAL CERTIFICATES IN BUSINESS AND COMMUNICATIONS FIELDS. RECENT ATHLETIC AND STUDENT LIFE PROGRAMS LAUNCHED RECENTLY INCLUDE MEN'S RUGBY AND WOMEN'S ACROBATIC AND TUMBLING HAVE PROVEN POPULAR. ADDITIONAL ACADEMIC PROGRAMS AND SERVICES INCLUDE PROFESSIONAL AND PEER TUTORING; ACADEMIC COACHING; CAREER DEVELOPMENT SERVICES; A LEARNING COMMUNITY FOR UNDERPREPARED STUDENTS; AN HONORS PROGRAM; ACADEMIC INTERNSHIPS; AND THE EOF MENTORING AND FINANCIAL SUPPORT PROGRAM FOR STUDENTS FROM DISADVANTAGED BACKGROUNDS. CALDWELL WAS REACCREDITED IN 2025 BY THE MIDDLE STATES COMMISSION FOR HIGHER EDUCATION. SPECIALIZED ACCREDITATION FURTHER ATTESTS TO PROGRAM QUALITY AND VIGOR, PROVIDING GRADUATES WITH A DIFFERENTIATED CAREER CREDENTIAL AND ENABLING THEM TO STAND OUT COMPETITIVELY DURING HIRING AND ACCEPTANCE INTO ADVANCED DEGREE PROGRAMS. SPECIALIZED ACCREDITORS THAT HAVE AWARDED ACCREDITATION TO CALDWELL'S PROGRAMS INCLUDE THE ACCREDITATION COUNCIL FOR BUSINESS SCHOOLS AND PROGRAMS; COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS; TEACHER EDUCATION ACCREDITATION COUNCIL; COMMISSION ON COLLEGIATE NURSING EDUCATION, COMMISSION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS AND THE ASSOCIATION FOR BEHAVIOR ANALYSIS INTERNATIONAL. CALDWELL OFFERS ONE OF ONLY TWO CACREP-ACCREDITED ART THERAPY PROGRAMS IN THE NATION. CALDWELL IS A LEADER IN APPLIED BEHAVIOR ANALYSIS, A SCIENTIFIC DISCIPLINE KNOWN TO HELP CHILDREN WITH AUTISM SPECTRUM DISORDERS. THE COLLEGE'S STATE-OF-THE-ART AUTISM CENTER BENEFITS CHILDREN AND THEIR FAMILIES IN NEW JERSEY.

🔒

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 $5,782,702
Program Service Revenue $77,097,205
Investment Income $2,190,867
Other Revenue $278,557
TOTAL REVENUE $85,349,331

Expense Breakdown

Grants Paid $39,432,266
Salaries & Benefits $25,003,055
Fundraising Expenses $1,245,429
Program Expenses $72,621,717
Other Expenses $20,928,159
TOTAL EXPENSES $85,484,680

Year-over-Year Comparison

2024 2023 Change
Revenue $85,349,331 $74,707,970 +0.1%
Expenses $85,484,680 $76,741,592 +0.1%
Net Income $-135,349 $-2,033,622 -0.9%
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
23
Independent Members
22
Employees
923
Volunteers
24

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
10
$1,540,980
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN J ALOIA ESQ CHAIR 1.00
Officer Director
$0 $0 $0
SR DONNA CIANGIO OP CHANCELLOR 1.00
Officer Director
$0 $0 $0
MARY SELLITTO-CURCIO SECRETARY 1.00
Officer Director
$0 $0 $0
SR LUELLA RAMM OP PRIORESS 1.00
Director
$0 $0 $0
CARLOS POMARES VP BOARD OF COUNTY COMMISSIONERS 1.00
Director
$0 $0 $0
KATHLEEN M BARABAS TRUSTEE, THRU MAY 2025 1.00
Director
$0 $0 $0
HARRY C BEATTY ESQ TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH CHALAS BERMAN TRUSTEE 1.00
Director
$0 $0 $0
JAMES BERNAICHE TRUSTEE 1.00
Director
$0 $0 $0
STANLEY P BOROWIEC TRUSTEE 1.00
Director
$0 $0 $0
OLGA BRADFORD ESQ TRUSTEE 1.00
Director
$0 $0 $0
LISA M BROMBERG ESQ TRUSTEE 1.00
Director
$0 $0 $0
ANDREW COOMBS CPA TRUSTEE 1.00
Director
$0 $0 $0
ROBERT R DETORE TRUSTEE 1.00
Director
$0 $0 $0
TANYA L FREEMAN ESQ TRUSTEE, THRU SEPT 2024 1.00
Director
$0 $0 $0
SR MARY JOHN KEARNEY OP TRUSTEE 1.00
Director
$0 $0 $0
OSBERT ORDUNA TRUSTEE 1.00
Director
$0 $0 $0
PATRICK OSINSKI ESQ TRUSTEE 1.00
Director
$0 $0 $0
GERARD O'SULLIVAN TRUSTEE 1.00
Director
$0 $0 $0
JAY RYAN TRUSTEE 1.00
Director
$0 $0 $0
LEON G SMITH JR MD TRUSTEE 1.00
Director
$0 $0 $0
SR PATRICIA TAVIS OP TRUSTEE 1.00
Director
$0 $0 $0
JUNE TOTH CPA CGMA CFF TRUSTEE 1.00
Director
$0 $0 $0
IVONNE VALDES TRUSTEE 1.00
Director
$0 $0 $0
SHEILA O'ROURKE VP, ADMINISTRATION & OPERATIONS 40.00
Officer
$239,470 $54,299 $293,769
JEFFREY D SENESE PRESIDENT 40.00
Officer
$312,954 $136,849 $449,803
JORGE L RODRIGUEZ VP, STRATEGIC INITIATIVES 40.00
Officer
$180,430 $46,700 $227,130
JOSE R RODRIGUEZ THRU 4325 VP, STUDENT LIFE & DEAN OF STUDENTS 40.00
Officer
$160,690 $1,104 $161,794
MICHAEL J GALVIN CHIEF FINANCIAL OFFICER/VP, FINANCE 40.00
Officer
$139,025 $31,160 $170,185
PHILLIP A KEEFE THRU 6625 VP, PHILANTHROPY & ENGAGEMENT 40.00
Officer
$127,665 $28,328 $155,993
GEORGE E ABAUNZA VP, ACADEMIC AFFAIRS 40.00
Officer
$70,316 $11,990 $82,306
SHARON REEVE PROFESSOR 40.00
Highest
$204,576 $68,237 $272,813
ELLINA CHERNOBILSKY ASSOCIATE VP, ACADEMIC AFFAIRS 40.00
Highest
$179,968 $163,857 $343,825
TINA M SIDENER PROFESSOR 40.00
Highest
$175,617 $51,789 $227,406
RUTH M DEBAR PROFESSOR 40.00
Highest
$184,890 $20,980 $205,870
MICHAEL J HACKER CHIEF INFORMATION OFFICER 40.00
Highest
$159,522 $23,966 $183,488
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 $85,349,331 $85,484,680 $55,901,850 $-135,349
2024 $74,707,970 $76,741,592 $59,070,069 $-2,033,622
2023 $76,625,899 $77,525,720 $60,028,155 $-899,821
2022 $85,470,422 $84,563,493 $60,731,390 $906,929
2021 $78,998,189 $75,722,615 $62,986,769 $3,275,574
2020 $77,683,574 $77,936,451 $57,447,313 $-252,877
2019 $76,405,640 $74,357,427 $57,498,970 $2,048,213
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CALDWELL UNIVERSITY INC with other nonprofits in New Jersey and across the country.