SAINT PETER'S UNIVERSITY

EIN: 221508627 501(c)(3) Education

JERSEY CITY, NJ

Total Revenue
$125,880,811
Total Expenses
$132,940,377
Total Assets
$179,955,422
Net Assets
$84,898,374
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1872
Legal Domicile
NJ
Principal Officer
HUBERT BENITEZ DDS PHD
Phone
2017616014
Tax Period
2024-07-01 to 2025-06-30

SAINT PETER'S UNIVERSITY, founded in 1872, is a major nonprofit in the Education sector that reported $125.9M in total revenue in fiscal year 2024.

Mission

SAINT PETER'S UNIVERSITY COLLECTIONS INCLUDE ART WORKS, PAINTINGS, SCULPTURES, POSTERS, DOCUMENTS, AND OTHER ARTIFACTS AND ARE ALL EMPLOYED IN THE EDUCATION OF STUDENTS ON THE WORLD'S RICH HISTORICAL AND CULTURAL TRADITIONS. WORKS OF ART IN THE UNIVERSITY'S COLLECTION ARE NOT RECOGNIZED AS ASSETS IN THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN OPERATING EXPENSES AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF A DONOR MAKES A CONTRIBUTION INTENDED TO FUND THE SUBSEQUENT PURCHASE OF COLLECTION ITEMS. THERE WERE NO MATERIAL COLLECTION PURCHASES OR SALES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024.

Program Service Accomplishments

Program 1
Expenses: $79,601,978 Revenue: $100,381,038

INSTRUCTION AND ACADEMIC SUPPORT - THE UNIVERSITY PROVIDES ACCREDITED COURSES AND OTHER RELATED SERVICES TO APPROXIMATELY 3,600 STUDENTS, INCLUDING BOTH DAY AND EVENING SESSIONS, FOR FULL-TIME OR...

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INSTRUCTION AND ACADEMIC SUPPORT - THE UNIVERSITY PROVIDES ACCREDITED COURSES AND OTHER RELATED SERVICES TO APPROXIMATELY 3,600 STUDENTS, INCLUDING BOTH DAY AND EVENING SESSIONS, FOR FULL-TIME OR PART-TIME UNDERGRADUATE (60 PROGRAMS) AND SEVERAL GRADUATE STUDY PROGRAMS. FINANCIAL AID IS AWARDED TO STUDENTS FROM INSTITUTIONAL SOURCES BASED ON ACADEMIC ACHIEVEMENT, ATHLETIC ABILITY AND NEED.

Program 2
Expenses: $28,802,793 Revenue: $8,092,334

STUDENT SERVICES - INCLUDES ENROLLMENT SERVICES, REGISTRAR, HEALTH AND COUNSELING PROGRAMS, FINANCIAL AID, CAMPUS MINISTRY, STUDENT CLUBS AND ORGANIZATIONS, INTERCOLLEGIATE AND INTRAMURAL SPORTS AND...

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STUDENT SERVICES - INCLUDES ENROLLMENT SERVICES, REGISTRAR, HEALTH AND COUNSELING PROGRAMS, FINANCIAL AID, CAMPUS MINISTRY, STUDENT CLUBS AND ORGANIZATIONS, INTERCOLLEGIATE AND INTRAMURAL SPORTS AND ACTIVITIES, AND STUDENT HOUSING.SPONSORED PROGRAMS - INCLUDES VARIOUS PRIVATE PROGRAMS FOR THE BENEFIT OF THE STUDENT BODY, SUCH AS ACADEMIC ENRICHMENT, ACADEMIC CHAIRS, CAPITAL CAMPAIGN, AND VARIOUS ENDOWED SCHOLARSHIPS.

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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 $12,192,729
Program Service Revenue $108,473,372
Investment Income $5,065,243
Other Revenue $149,467
TOTAL REVENUE $125,880,811

Expense Breakdown

Grants Paid $45,118,060
Salaries & Benefits $42,092,544
Fundraising Expenses $1,406,460
Program Expenses $108,404,771
Other Expenses $45,554,611
TOTAL EXPENSES $132,940,377

Year-over-Year Comparison

2024 2023 Change
Revenue $125,880,811 $132,029,852 0.0%
Expenses $132,940,377 $131,909,611 +0.0%
Net Income $-7,059,566 $120,241 -59.7%
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
26
Employees
1298
Volunteers
47

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
8
$1,126,286
Total Directors
31
$274,960
Key Employees
3
$684,174
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HUBERT BENITEZ DDS PHD PRESIDENT, TRUSTEE 55.00
Officer Director
$227,500 $47,460 $274,960
KENNETH MOORE CHAIR, TRUSTEE 1.00
Officer Director
$0 $0 $0
MAUREEN LEMKE PERGOLA VICE CHAIR, TRUSTEE 1.00
Officer Director
$0 $0 $0
NADINE AUGUSTA TRUSTEE 1.00
Director
$0 $0 $0
JAMES M CONTI TRUSTEE 1.00
Director
$0 $0 $0
REV JOSEPH COSTANTINO SJ TRUSTEE 1.00
Director
$0 $0 $0
JULIA M DIGIOIA MD FACS TRUSTEE 1.00
Director
$0 $0 $0
EUGENE O FLINN TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL A GOMEZ TRUSTEE 1.00
Director
$0 $0 $0
NOREEN HEATH-BEAMAN TRUSTEE 1.00
Director
$0 $0 $0
REV STEPHEN KATSOUROS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT LAHITA MD PHD TRUSTEE 1.00
Director
$0 $0 $0
CHARLES M LIZZA ESQ TRUSTEE 1.00
Director
$0 $0 $0
THOMAS LUDDY TRUSTEE 1.00
Director
$0 $0 $0
THOMAS P MAC MAHON TRUSTEE 1.00
Director
$0 $0 $0
FRANCIS MCGRAIL TRUSTEE 1.00
Director
$0 $0 $0
NIURKA MEDEROS TRUSTEE 1.00
Director
$0 $0 $0
REV ALEJANDRO OLAYO-MENDEZ TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM T PRICE III TRUSTEE 1.00
Director
$0 $0 $0
J PAUL SCHAETZLE TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINA SHEA TRUSTEE 1.00
Director
$0 $0 $0
MARIA SOLORZANO TRUSTEE 1.00
Director
$0 $0 $0
JOAN BALMER TULLY TRUSTEE 1.00
Director
$0 $0 $0
TONI ANN TURCO TRUSTEE 1.00
Director
$0 $0 $0
ELNARDO J WEBSTER II ESQ TRUSTEE 1.00
Director
$0 $0 $0
JOHN B WILSON ESQ TRUSTEE 1.00
Director
$0 $0 $0
MARILDA GANDARA ESQ TRUSTEE TO 8/4/2025 1.00
Director
$0 $0 $0
GEORGE E MARTIN PHD TRUSTEE TO 11/29/2024 1.00
Director
$0 $0 $0
REV JAMES MIRACKY SJ TRUSTEE TO 7/1/2024 1.00
Director
$0 $0 $0
LA TORO YATES PHD TRUSTEE TO 10/16/2024 1.00
Director
$0 $0 $0
KEVIN J DOWNES VICE CHAIR, TRUSTEE TO 7/1/2024 1.00
Officer Director
$0 $0 $0
VIRGINIA BENDER PHD SEC/SPEC ASST TO PRESIDENT 55.00
Officer
$196,739 $28,177 $224,916
WEIDONG ZHU INTERIM VP OF ACADEMICS 55.00
Officer
$170,485 $54,221 $224,706
PAUL CIRAULO VP FINANCE & BUSINESS TO 8/29/2025 55.00
Officer
$213,272 $6,488 $219,760
FREDERICK P BONATO PROVOST/ACADEMIC VP TO 8/1/2024 55.00
Officer
$156,435 $25,509 $181,944
LEAH M LETO ED VP ADVANCEMENT TO 6/2/2025 55.00
Key Emp
$213,150 $59,578 $272,728
JEFFREY GANT VP OF ENROLLMENT & MKT TO 6/12/2025 55.00
Key Emp
$202,608 $6,257 $208,865
KATHERINE ARCURI ATHLETIC DIRECTOR 55.00
Key Emp
$162,400 $40,181 $202,581
BASHIR MASON MEN'S BASKETBALL COACH 55.00
Highest
$509,885 $68,157 $578,042
KIMBERLY REEVE - KPMG DEAN FRANK J. GUARINI SCHOOL OF BUSINESS 55.00
Highest
$187,975 $24,365 $212,340
MARYELLEN HAMILTON PROFESSOR OF PSYCHOLOGY 55.00
Highest
$169,149 $24,459 $193,608
CYNTHIA MCDANIEL CONTROLLER TO 3/27/2025 55.00
Highest
$167,475 $3,134 $170,609
GULHAN BIZEL ASSISTANT PROFESSOR OF DATA SCIENCE 55.00
Highest
$162,329 $4,921 $167,250
EUGENE CORNACCHIA PHD FORMER OFFICER, TRUSTEE TO 6/30/2024 0.00
$430,752 $43,333 $474,085
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 $125,880,811 $132,940,377 $179,955,422 $-7,059,566
2024 $132,029,852 $131,909,611 $187,436,217 $120,241
2023 $116,646,712 $121,929,847 $177,499,871 $-5,283,135
2022 $128,474,846 $122,993,512 $156,256,560 $5,481,334
2021 $118,523,321 $111,476,407 $164,476,054 $7,046,914
2020 $121,217,313 $122,068,275 $149,302,447 $-850,962
2019 $140,657,767 $123,151,556 $160,553,079 $17,506,211
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