The Corporation of Saint Mary's Co… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Phone

5742844731

Tax Period

2024-06-01 to 2025-05-31

The Corporation of Saint Mary's College Notre Dame, founded in 1972, is a major nonprofit in the Education sector that reported $150.9M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $130.8M left a modest 13% surplus.

Mission

THE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME (SAINT MARY'S) IS A CATHOLIC, RESIDENTIAL, WOMEN'S, LIBERAL ARTS COLLEGE OFFERING UNDERGRADUATE DEGREES AND CO-EDUCATIONAL GRADUATE PROGRAMS. (CONTINUED IN SCHEDULE O)

Program Service Accomplishments

Program 1

Expenses: $116,711,728 Revenue: $99,184,321

AS A CENTER OF HIGHER EDUCATION, THE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME (SAINT MARY'S) FOSTERS AN ACADEMIC CLIMATE OF SCHOLARSHIP AND LEARNING FOR FACULTY AND STUDENTS ALIKE. THROUGH...

AS A CENTER OF HIGHER EDUCATION, THE CORPORATION OF SAINT MARY'S COLLEGE, NOTRE DAME (SAINT MARY'S) FOSTERS AN ACADEMIC CLIMATE OF SCHOLARSHIP AND LEARNING FOR FACULTY AND STUDENTS ALIKE. THROUGH EXCELLENCE IN TEACHING AND THE EXAMPLE OF ITS OWN ACTIVE SCHOLARSHIP, THE FACULTY CHALLENGES STUDENTS TO EXPAND THEIR HORIZONS AND SUPPORTS THEM IN THEIR INTELLECTUAL PURSUITS. A BROAD-BASED COURSE OF STUDY INVITES STUDENTS TO THINK CRITICALLY AND CREATIVELY ABOUT THE NATURAL WORLD AND HUMAN CULTURE. ACKNOWLEDGING THE NEED TO PREPARE WOMEN FOR AN ARRAY OF CAREERS, SAINT MARY'S INSISTS ON A LIBERAL ARTS FOUNDATION FOR ALL ITS STUDENTS. THROUGH THEIR YEARS AT SAINT MARY'S, STUDENTS ACQUIRE DEPTH AND BREADTH OF KNOWLEDGE, COMPETENCE IN QUANTITATIVE SKILLS AND MODERN LANGUAGES, THE ABILITY TO THINK CLEARLY ABOUT COMPLEX PROBLEMS, AND THE CAPACITY TO COMMUNICATE WITH PRECISION AND STYLE. (CONTINUED IN SCHEDULE O)

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $28,448,473

Program Service Revenue $99,443,132

Investment Income $21,644,616

Other Revenue $1,412,253

TOTAL REVENUE $150,948,474

Expense Breakdown

Grants Paid $49,382,864

Salaries & Benefits $46,708,544

Fundraising Expenses $5,661,278

Program Expenses $116,711,728

Other Expenses $34,754,346

TOTAL EXPENSES $130,845,754

Year-over-Year Comparison

	2024	2023	Change
Revenue	$150,948,474	$134,775,479	+0.1%
Expenses	$130,845,754	$119,881,176	+0.1%
Net Income	$20,102,720	$14,894,303	+0.3%

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

Governance

Voting Members

Independent Members

Employees

1248

Volunteers

125

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

$2,008,279

Total Directors

$747,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COLLEEN FLYNN ROOHAN	SECRETARY	2.0	Officer Director	$0	$0	$0
LORRAINE WILSON	VICE CHAIR	2.0	Officer Director	$0	$0	$0
MARY MCENERY HARDING	TREASURER	2.0	Officer Director	$0	$0	$0
MAUREEN KARNATZ SMITH	CHAIR	2.0	Officer Director	$0	$0	$0
SHEILA KATHERINE CONBOY	PRESIDENT	50.0	Officer Director	$448,991	$155,381	$604,372
AMY C SHELLY	TRUSTEE	2.0	Director	$0	$0	$0
ANAIS JULIANO	STUDENT TRUSTEE	2.0	Director	$2,819	$0	$2,819
CHRISTINE ASHFORD SWANSON	TRUSTEE	2.0	Director	$0	$0	$0
DONALD R FISCHER	TRUSTEE	2.0	Director	$0	$0	$0
FR STEPHEN KATSOUROS SJ	TRUSTEE	2.0	Director	$0	$0	$0
GREGOIRE GALLANT	TRUSTEE	2.0	Director	$0	$0	$0
JACQUELINE LESKOVEC	TRUSTEE	2.0	Director	$0	$0	$0
JENNIFER MATHILE PRIKKEL	TRUSTEE	2.0	Director	$0	$0	$0
JESSICA FOSTER	TRUSTEE	2.0	Director	$0	$0	$0
JILL M TIEFENTHALER	TRUSTEE	2.0	Director	$0	$0	$0
KATHLEEN MURPHY VILLANO	TRUSTEE	2.0	Director	$0	$0	$0
KIMBERLYN MARTIN TROY	TRUSTEE	2.0	Director	$0	$0	$0
LINDA SCHULTZ SALVI	TRUSTEE	2.0	Director	$0	$0	$0
MICHAEL J MATHILE	TRUSTEE	2.0	Director	$0	$0	$0
REVEREND PAUL KOLLMAN CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER JUDITH HALLOCK CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER SHARLET A WAGNER CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER TAPOSI GOMES CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER VANESSA CRUZ FERREIRA CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER VERONICA A FAJARDO CSC	TRUSTEE	2.0	Director	$0	$0	$0
SISTER VERONIQUE WIEDOWER CSC	TRUSTEE	2.0	Director	$0	$0	$0
SUSAN B OLNEY LATHAM	PROFESSOR/TRUSTEE	52.0	Director	$98,839	$41,243	$140,082
THERESA SULLIVAN NORTON	TRUSTEE	2.0	Director	$0	$0	$0
TINA PATTON	TRUSTEE	2.0	Director	$0	$0	$0
WILLIAM J SCHMUHL JR	TRUSTEE EMERITUS	2.0	Director	$0	$0	$0
BARBARA MAY	PROVOST AND SENIOR VP (Through 07/2024)	50.0	Officer	$123,944	$18,789	$142,733
HOLLY JOHNSON	VICE PRESIDENT FOR ADVANCEMENT	50.0	Officer	$251,238	$26,307	$277,545
JULIANNE WALLACE	VICE PRESIDENT FOR MISSION (Through 09/2024)	50.0	Officer	$135,550	$24,874	$160,424
LORI JOHNSON	VICE PRESIDENT FOR STUDENT ENROLLMENT AND ENGAGEMENT	50.0	Officer	$218,989	$35,745	$254,734
MEGAN ZWART	INTERIM PROVOST AND VICE PRESIDENT FOR ACADEMIC AFFAIRS	50.0	Officer	$131,608	$41,928	$173,536
PETER CHRISTENSEN	VICE PRESIDENT FOR FINANCE AND OPERATIONS	50.0	Officer	$215,313	$21,080	$236,393
REDGINA HILL	VICE PRESIDENT FOR BELONGING	50.0	Officer	$119,160	$39,382	$158,542
Carolyn Mueller	Executive Director of Regional Development and Gift Planning	50.0	Highest	$122,113	$17,829	$139,942
COLLEEN M HOOVER	ASSOCIATE PROVOST & DEAN OF GRADUATE STUDIES	50.0	Highest	$117,353	$44,345	$161,698
Daniela Edson	Associate Clinical Professor Nursing Science	50.0	Highest	$121,869	$10,083	$131,952
ELIZABETH G KOULTOURIDES	ASSOCIATE VICE PRESIDENT FOR ADVANCEMENT	50.0	Highest	$131,651	$15,014	$146,665
MONA BOWE	EXECUTIVE DIRECTOR OF RETENTION STRATEGY	50.0	Highest	$155,503	$45,805	$201,308

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	$150,948,474	$130,845,754	$532,031,106	$20,102,720
2024	$134,775,479	$119,881,176	$506,504,612	$14,894,303
2023	$127,115,623	$112,233,542	$485,200,116	$14,882,081
2022	$143,002,673	$105,849,501	$523,384,557	$37,153,172
2021	$131,533,724	$100,614,969	$472,113,575	$30,918,755
2020	$104,362,180	$100,127,718	$373,928,752	$4,234,462
2019	$107,110,664	$97,616,007	$345,516,657	$9,494,657
2018	$106,961,149	$96,605,063	$341,627,305	$10,356,086

The Corporation of Saint Mary's College Notre Dame