ASSOCIATION OF JESUIT COLLEGES AND UNIVE

EIN: 520902755 501(c)(3)

WASHINGTON, DC

Total Revenue
$2,348,479
Total Expenses
$2,323,733
Total Assets
$8,569,780
Net Assets
$5,371,282
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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
DC
Principal Officer
REV MICHAEL GARANZINI
Phone
2028629893
Tax Period
2022-07-01 to 2023-06-30

ASSOCIATION OF JESUIT COLLEGES AND UNIVE, founded in 1970, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2022. Net assets of $5.4M represent 27 months of operating reserves.

Mission

TO SUPPORT AND PROMOTE U.S. JESUIT HIGHER EDUCATION BY FACILITATING COOPERATIVE EFFORTS AMONG, AND PROVIDING SERVICES TO, ITS MEMBER INSTITUTIONS; PROVIDING A FORUM FOR THE EXCHANGE OF EXPERIENCE AND INFORMATION; AND REPRESENTING THE WORK OF JESUIT HIGHER EDUCATION AT THE NATIONAL AND INTERNATIONAL LEVELS.

Program Service Accomplishments

Program 1
Expenses: $594,092 Revenue: $495,974

IGNATIAN COLLEAGUES PROGRAM - THE IGNATIAN COLLEAGUES PROGRAM WAS ESTABLISHED IN 2013 AS A RESTRICTED FUND OF THE ASSOCIATION TO EDUCATE AND INFORM ADMINISTRATORS AND FACULTY MORE DEEPLY IN THE...

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IGNATIAN COLLEAGUES PROGRAM - THE IGNATIAN COLLEAGUES PROGRAM WAS ESTABLISHED IN 2013 AS A RESTRICTED FUND OF THE ASSOCIATION TO EDUCATE AND INFORM ADMINISTRATORS AND FACULTY MORE DEEPLY IN THE JESUIT TRADITION OF HIGHER EDUCATION.

Program 2
Expenses: $253,707 Revenue: $130,675

LEADERSHIP INSTITUTE - JESUIT LEADERSHIP DEVELOPMENT SEMINAR PARTICIPANTS ARE INTRODUCED TO THE FOUNDATIONS OF JESUIT EDUCATION AND ACTIVELY ENGAGE IN DISCUSSIONS WITH PEERS FROM AROUND THE COUNTRY...

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LEADERSHIP INSTITUTE - JESUIT LEADERSHIP DEVELOPMENT SEMINAR PARTICIPANTS ARE INTRODUCED TO THE FOUNDATIONS OF JESUIT EDUCATION AND ACTIVELY ENGAGE IN DISCUSSIONS WITH PEERS FROM AROUND THE COUNTRY ON HOW THE JESUIT EDUCATIONAL TRADITION MAY BE APPLIED IN THE EVERYDAY WORK OF UNIVERSITY DECISION-MAKING.

Program 3
Expenses: $219,041 Revenue: $0

MISSION IDENTITY - MISSION IDENTITY SERVICES ASSIST MEMBER INSTITUTIONS WITH PROGRAMS AND TOOLS TO ENHANCE THEIR JESUIT MISSION IDENTITY. SERVICES ALSO INCLUDE CONSULTATIONS, CONFERENCES AND RETREATS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $243,160
Program Service Revenue $1,991,265
Investment Income $113,915
Other Revenue $139
TOTAL REVENUE $2,348,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $635,071
Fundraising Expenses $0
Program Expenses $1,536,813
Other Expenses $1,688,662
TOTAL EXPENSES $2,323,733

Year-over-Year Comparison

2022 2021 Change
Revenue $2,348,479 $2,316,963 +0.0%
Expenses $2,323,733 $2,191,063 +0.1%
Net Income $24,746 $125,900 -0.8%
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
28
Independent Members
28
Employees
6
Volunteers
34

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
4
$0
Total Directors
33
$0
Key Employees
1
$182,602
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV PAUL J FITZGERALD SJ CHAIR 1.00
Officer Director
$0 $0 $0
DR LINDA M LEMURA VICE CHAIR 1.00
Officer Director
$0 $0 $0
DR MARK C REED TREASURER 1.00
Officer Director
$0 $0 $0
REV WILLIAM P LEAHY SJ DIRECTOR 1.00
Director
$0 $0 $0
MR STEVE STOUTE DIRECTOR 1.00
Director
$0 $0 $0
MR VINCENT D ROUGEAU DIRECTOR 1.00
Director
$0 $0 $0
REV DANIEL S HENDRICKSON SJ DIRECTOR 1.00
Director
$0 $0 $0
DR MARK R NEMEC DIRECTOR 1.00
Director
$0 $0 $0
MS TANIA TETLOW ESQ DIRECTOR 1.00
Director
$0 $0 $0
DR JOHN J DEGIOIA DIRECTOR 1.00
Director
$0 $0 $0
DR THAYNE MCCULLOH DIRECTOR 1.00
Director
$0 $0 $0
DR ALAN R MICIAK DIRECTOR 1.00
Director
$0 $0 $0
DR TIMOTHY LAW SNYDER DIRECTOR 1.00
Director
$0 $0 $0
DR JO ANN ROONEY DIRECTOR (UNTIL SEPT. 2022) 1.00
Director
$0 $0 $0
MR TERRENCE SAWYER DIRECTOR 1.00
Director
$0 $0 $0
REV JUSTIN DAFFRON SJ DIRECTOR (UNTIL MAY 2023) 1.00
Director
$0 $0 $0
DR XAVIER COLE DIRECTOR (START JUNE 2023) 1.00
Director
$0 $0 $0
DR MICHAEL R LOVELL DIRECTOR 1.00
Director
$0 $0 $0
MS CODY TEETS DIRECTOR (UNTIL DEC 2022) 1.00
Director
$0 $0 $0
KEVIN F BURKE SJ DIRECTOR (UNTIL DEC 2022) 1.00
Director
$0 $0 $0
DR SALVADOR ACEVES DIRECTOR (START JAN. 2023) 1.00
Director
$0 $0 $0
DR SANDRA CASSADY DIRECTOR 1.00
Director
$0 $0 $0
DR CHERYL MCCONNELL DIRECTOR (START AUG. 2022) 1.00
Director
$0 $0 $0
DR FRED P PESTELLO DIRECTOR 1.00
Director
$0 $0 $0
DR EUGENE CORNACCHIA DIRECTOR 1.00
Director
$0 $0 $0
DR JULIE SULLIVAN DIRECTOR 1.00
Director
$0 $0 $0
MR EDUARDO M PENALVER DIRECTOR 1.00
Director
$0 $0 $0
DR E JOSEPH LEE II DIRECTOR (UNTIL DEC 2022) 1.00
Director
$0 $0 $0
DR MARY VAN BRUNT DIRECTOR (START JAN. 2023) 1.00
Director
$0 $0 $0
MS ALICE PERALTA DIRECTOR 1.00
Director
$0 $0 $0
DR DONALD TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
REV JOSEPH G MARINA SJ DIRECTOR 1.00
Director
$0 $0 $0
DR COLLEEN M HANYCZ DIRECTOR 1.00
Director
$0 $0 $0
REV MICHAEL GARANZINI SJ PRESIDENT 40.00
Officer
$0 $0 $0
JENNIFER SMULSON VP OF FEDERAL RELATIONS 40.00
Key Emp
$165,953 $16,649 $182,602
STEPHANIE RUSSELL VP FOR MISSION INTEGRATION 40.00
Highest
$136,070 $14,597 $150,667
DEANNA H SPIRO VICE PRESIDENT OF COMMUNICATIONS 40.00
Highest
$111,800 $12,170 $123,970
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,348,479 $2,323,733 $8,569,780 $24,746
2022 $2,316,963 $2,191,063 $7,769,176 $125,900
2021 $2,023,159 $1,405,821 $9,211,684 $617,338
2020 $2,182,380 $1,600,560 $6,823,395 $581,820
2019 $2,205,702 $1,819,255 $5,982,468 $386,447
2018 $2,235,944 $1,833,024 $5,866,159 $402,920
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