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EIN 05-0259080

Salve Regina University

IRS 501(c) type
501(c)(3)
Num. employees
1,487
City
Newport
State
Rhode Island
Year formed
1934
Most recent tax filings
2022-06-01
NTEE code, primary
B42: Undergraduate College (4-year)
Description
The University through teaching and research prepares men and women for responsible lives by imparting and expanding knowledge, developing skills and cultivating enduring values.
Related structure
Salve Regina University is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$142,488,013
2022
Total expenses
$128,010,860
2022
Total assets
$217,395,157
2022
Num. employees
1,487
2022

Program areas at Salve Regina University

Salve Regina University (the "University"), located in newport, rhode island, is a small catholic University which opened in 1947 and is accredited by the new england commission of higher education, inc., formerly known as the new england association of schools and colleges. The University was founded by and continues to be sponsored by the sisters of mercy. The University enrolls approximately 2,800 men and women in a variety of academic programs. The University's student population is predominately from the northeast region of the united states. The undergraduate programs are based on the liberal arts. The University offers baccalaureate and master degrees, a certificate of advanced graduate study and a ph.d. In humanities and international relations.

Who funds Salve Regina University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The David and Mildred Morse Charitable TrustUnrestricted$1,000,000
Jean and David W Wallace FoundationPresident's Innovation Fund for Strategic Planning$600,000
DRR Family FoundationScholarships$500,000
...and 52 more grants received totalling $3,523,381

Personnel at Salve Regina University

NameTitleCompensation
M Therese Antone RsmChancellor$0
Michael N GrandchampVice President for Operations and Chief Financial Officer$160,093
William HallVice President for Administration and Chief Financial Officer / Vice President of Administration and Chief Financial Officer / Vice President Administration and Chief Financial Officer$271,814
Irving BrucksteinChief Information Officer$160,579
Maelynn PattenChief Advancement Officer$230,683
...and 13 more key personnel

Financials for Salve Regina University

RevenuesFYE 06/2022
Total grants, contributions, etc.$20,502,166
Program services$116,307,538
Investment income and dividends$1,423,896
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$131,519
Net gain from sale of non-inventory assets$3,821,971
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$300,923
Total revenues$142,488,013

Form 990s for Salve Regina University

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-05-11990View PDF
2020-062021-05-11990View PDF
2019-062021-01-28990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like Salve Regina University

OrganizationLocationRevenue
Georgian Court University (GCU)Lakewood, NJ$70,027,794
Saint Xavier University (SXU)Chicago, IL$135,827,529
College of Saint BenedictSaint Joseph, MN$117,974,549
College of Saint Benedict and Saint John's University (CSBSJU)Collegeville, MN$153,092,093
Saint Martin's UniversityLacey, WA$83,647,205
Siena CollegeLoudonville, NY$209,305,526
Mount Saint Mary CollegeNewburgh, NY$69,539,396
Emmanuel CollegeBoston, MA$123,717,200
Cabrini UniversityRadnor, PA$68,449,867
Dominican University New YorkOrangeburg, NY$57,989,040
Data update history
January 1, 2024
Received grants
Identified 18 new grant, including a grant for $500,000 from DRR Family Foundation
October 25, 2023
Received grants
Identified 5 new grant, including a grant for $10,000 from William T and Marie J Henderson Foundation
July 22, 2023
Received grants
Identified 33 new grant, including a grant for $600,000 from Jean and David W Wallace Foundation
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 11, 2023
Used new vendors
Identified 7 new vendors, including , , , , , , and
Nonprofit Types
SchoolsHigher ed institutionsChapter / child organizations
Issues
Education
Characteristics
CatholicChristianReligiousPolitical advocacyLobbyingConservation easementOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
100 Ochre Point Ave
Newport, RI 02840
Metro area
Providence-Warwick, RI-MA
County
Newport County, RI
Website URL
salve.edu/ 
Phone
(401) 847-6650
Facebook page
SalveReginaUniversity 
Twitter profile
@salveregina 
IRS details
EIN
05-0259080
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1934
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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