EIN 23-1522643

Alvernia University

IRS 501(c) type
501(c)(3)
Num. employees
1,423
Year formed
1958
Most recent tax filings
2023-06-01
Description
Alvernia University, founded by the Bernardine Franciscan Sisters, serves Eastern Pennsylvania with a unique blend of rigorous liberal arts education, strong technical training in many high demand majors and ever-expanding experiential learning opportunities through study abroad and internship experiences. The university conducts, operates and maintains a college for the education, training and spiritual guidance of men and women, conferring upon students who have successfully completed the required courses the degree of bachelor of arts and the degree of bach.
Related structure
Alvernia University is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$110,643,942
2023
Total expenses
$104,747,650
2023
Total assets
$219,365,146
2023
Num. employees
1,423
2023

Program areas at Alvernia University

Conduct, operate and maintain a college for the education, training and spiritual guidance of men and women, with the power to confer upon students, who have successfully completed the required courses, the degree of bachelor of arts and the degree of bachelor of science, and such other degrees as may be approved and authorized by the department of education of the commonwealth of Pennsylvania. The college has approximately 3,000 students, including undergraduates, graduates, and phd students.

Who funds Alvernia University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Header Family FoundationGeneral Fund Purpose$500,000
Schwab Charitable FundEducation$251,050
FirstEnergy FoundationEducation$125,000
...and 34 more grants received totalling $1,339,654

Personnel at Alvernia University

NameTitleCompensation
John McCloskey Jr.Senior Vice President and Chief Operating Officer
Rodney RidleyVice President , Chief Operations Officer$194,513
Larry ShaubInterim Chief Financial Officer 9 and 22; Senior Financial A$119,017
Adelle SchadeVice President of Innovation and Educational Ventures
Thomas MinickVice President of Advancement and Government Affairs$184,841
...and 18 more key personnel

Financials for Alvernia University

RevenuesFYE 06/2023
Total grants, contributions, etc.$17,261,975
Program services$91,907,960
Investment income and dividends$851,670
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$84,807
Net gain from sale of non-inventory assets$-181,848
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$719,378
Total revenues$110,643,942

Form 990s for Alvernia University

Fiscal year endingDate received by IRSFormPDF link
2023-062024-04-05990View PDF
2022-062023-05-02990View PDF
2021-062022-04-15990View PDF
2021-062022-04-04990View PDF
2020-062021-04-15990View PDF
...and 10 more Form 990s

Organizations like Alvernia University

OrganizationLocationRevenue
Dominican University New YorkOrangeburg, NY$55,335,082
Saint Martin's UniversityLacey, WA$77,972,192
Molloy UniversityRockville Centre, NY$159,204,626
St Mary's UniversitySan Antonio, TX$152,784,251
College of Saint Benedict and Saint John's University (CSBSJU)Collegeville, MN$140,291,117
Albertus Magnus CollegeNew Haven, CT$48,432,638
Saint Ambrose University (SAU)Davenport, IA$120,947,375
Felician UniversityLodi, NJ$81,691,778
Saint Xavier University (SXU)Chicago, IL$126,701,942
Cabrini UniversityRadnor, PA$64,312,260
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 11 new personnel
May 18, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $20,000 from Council of Independent Colleges (CIC)
April 19, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutionsChapter / child organizations
Issues
Education
Characteristics
CatholicChristianReligiousLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
400 Saint Bernardine St
Reading, PA 19607
Metro area
Reading, PA
County
Berks County, PA
Website URL
alvernia.edu/ 
Phone
(610) 796-5600
IRS details
EIN
23-1522643
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1958
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Child within group exemption
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