Overview
What is Salve Regina University?
Salve Regina University, located in Newport, Rhode Island, is a Catholic institution founded by the Sisters of Mercy in 1947. With approximately 2,800 students, the university is accredited by the New England Commission of Higher Education and enrolls a predominantly Northeastern student population. Offering undergraduate programs based on the liberal arts, the university grants baccalaureate and master degrees, a certificate of advanced graduate study, and a Ph.D. in Humanities and International Relations. Salve Regina University, welcoming people of all beliefs, seeks wisdom and promotes universal justice by preparing students for responsible lives through education and research. By imparting and expanding knowledge, developing skills, and cultivating enduring values, students learn to think critically and creatively, enhance their capacity for sound judgment, and prepare for a lifetime of learning. The university, in keeping with the traditions of the Sisters of Mercy, encourages students to work towards a harmonious, just, and merciful world. The university employs a total of 1,487 individuals.
Official website here: www.salve.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Salve Regina University has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects the organization's strong commitment to transparency, with all aspects of its financial management being thoroughly evaluated. The university has a solid track record of maintaining an independent board, with 96% of its members being independent, which enhances its governance structure.
The financial metrics are equally impressive, showcasing a program expense ratio of 88.51%, indicating that a significant portion of its resources is dedicated to its programs and services. The university also demonstrates a low liabilities-to-assets ratio of 22.11%, suggesting sound financial stability. Furthermore, Salve Regina University adheres to best practices with documented policies on conflict of interest, whistleblower protections, and records retention.
There are no limitations or concerns reported in the data regarding the university's operations or financial practices. Overall, Salve Regina University exemplifies a well-managed nonprofit with a strong focus on accountability and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Salve Regina University?
92% of 262 reviewers on Facebook recommend Salve Regina University. Here is a summary of their insights:
Many individuals praise the university for its beautiful campus and rich cultural diversity, highlighting the positive environment it creates for students. The overall atmosphere is seen as welcoming, and the variety of opportunities available to young people is often noted as a significant advantage of attending this institution.
Overall, the sentiment is overwhelmingly positive, with users expressing satisfaction with their experiences at Salve Regina University. There is a strong belief that the university successfully fulfills its mission to provide quality education and growth opportunities for its students.
This AI summary has been generated from reviews found on Facebook.
Is Salve Regina University legitimate?
Salve Regina University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salve Regina University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,935,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,863,396
For more financial information, click here
Official website here: www.salve.edu
What is the mission statement of Salve Regina University?
Salve Regina University, founded by the Sisters of Mercy and welcoming individuals of all beliefs, is an academic community that pursues wisdom and advocates for universal justice. Through teaching and research, the university prepares students for responsible lives by imparting and expanding knowledge, developing skills, and cultivating enduring values. Students engage in liberal arts and professional programs to enhance their critical thinking abilities and sound judgment, preparing them for a lifetime of learning. Aligned with the traditions of the Sisters of Mercy, the university encourages students to work towards a harmonious, just, and merciful world, recognizing that all people are stewards of God's creation.
Official website here: www.salve.edu
Who is the CEO of Salve Regina University?
Dr Kelli J Armstrong is the President of Salve Regina University.
Official website here: www.salve.edu
What is the revenue of Salve Regina University?
Salve Regina University's revenue in 2022 was $142,488,013.
Official website here: www.salve.edu
Who are the executives of Salve Regina University and what are their salaries?
The average compensation at Salve Regina University during 2022 was $24,075. There are 1487 employees and 50 volunteers at Salve Regina University.
Here are 43 key members and their salaries:
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Official website here: www.salve.edu
Where can I find the form 990 for Salve Regina University?
Salve Regina University's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.salve.edu
Learn more at the official website: www.salve.edu
Mission Statement of Salve Regina University
Salve Regina University, a Catholic institution founded by the Sisters of Mercy, aspires to seek wisdom and promote universal justice as an academic community welcoming individuals of all beliefs. Through teaching and research, this esteemed university prepares men and women for responsible lives by imparting and expanding knowledge, developing skills, and cultivating enduring values. Students engage in liberal arts and professional programs that foster their abilities to think critically and creatively, enhance their capacity for sound judgment, and prepare for a lifelong learning journey. In keeping with the traditions of the Sisters of Mercy, Salve Regina University acknowledges that all people are stewards of God's creation and encourages its students to work towards a harmonious, just, and merciful world.
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Impact
October, 2024
Salve Regina University significantly contributes to the intellectual and moral development of its students, fostering an academic community that embraces diverse beliefs while promoting universal justice. Founded by the Sisters of Mercy, the university is dedicated to seeking wisdom and nurturing responsible citizenship through excellence in teaching and research.
With a focus on liberal arts and professional programs, Salve Regina cultivates critical and creative thinking skills, preparing students for the complexities of contemporary life. The university's commitment to lifelong learning ensures that graduates are equipped to face the challenges of the future with sound judgment and ethical principles.
Located in Newport, Rhode Island, Salve Regina serves approximately 2,800 students, predominantly from the Northeast. Its academic offerings, which include baccalaureate and master's degrees as well as a Ph.D. program, focus on developing well-rounded individuals who actively contribute to creating a harmonious, just, and merciful world. Through its mission, Salve Regina University not only enhances individual lives but also impacts the broader community by encouraging stewardship of the environment and social responsibility.
This information is meant to be a general summary of Salve Regina University. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,245,867
- Program Service Revenue: $116,307,538
- Gross Receipts: $150,296,281
Assets and Liabilities:
- Total Assets: $217,395,157
- Total Liabilities: $50,696,656
- Net Assets: $166,698,501
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$93,911,223
MEAL PLAN
Revenue
$11,326,285
FEES
Revenue
$7,253,149
ROOM
Revenue
$3,816,881
Organization Details
Founding Year
1934
Phone
(401) 341-2142Principal Officer
Dr Kelli J Armstrong
Main Address
100 OCHRE POINT AVENUE, NEWPORT, RI, 028404190
Website
www.salve.eduNTEE Category
Code: B430 - Education
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