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Sacred Heart University Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060776644 ✦ Fairfield, CT ✦ Designated as a 501(c)(3)

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Overview

What is Sacred Heart University Incorporated?

Sacred Heart University Incorporated, located in Fairfield, Connecticut, is a co-educational institution of higher learning offering undergraduate, graduate, and doctoral degrees, as well as continuing education in various disciplines. With a commitment to leadership in Catholic higher education, the university provides an engaging educational experience for each student. Their mission goes beyond preparing students for the future; it also instills a deeper appreciation of their identity and potential. Sacred Heart University's distinctive mission and dedication to Catholic higher education aim to help students help others and make a difference in the world. The university employs a team of 5072 individuals, dedicated to the pursuit of truth and knowledge, commitment to excellence, responsibility for the common good, recognition of human dignity, preservation and development of the liberal arts and Catholic intellectual traditions, and shaping graduates knowledgeable of self, rooted in faith, educated in mind, compassionate in heart, responsive to social and civic obligations, and able to adapt to an ever-changing world.


Official website here: www.sacredheart.edu

What are the reviews and ratings of this charity?

Charity Navigator rating: 96%, Four-Star out of Four Star rating.

Sacred Heart University Incorporated has achieved a strong Four-Star rating from Charity Navigator, with an impressive score of 96%. This rating reflects the organization's commitment to accountability and finance, scoring 100% in this area. The charity boasts a fully independent board of directors, with 91% of its members being independent, which further underscores its governance quality.

The nonprofit demonstrates outstanding financial practices, including a high program expense ratio of 88.51%, indicating that most of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has established robust policies such as conflict of interest and whistleblower protections, which enhance its operational integrity.

There are no significant limitations noted in the data, and the organization has effectively maintained transparency through the availability of its financial statements and board meeting minutes. Overall, Sacred Heart University Incorporated is recognized for its strong oversight and ethical management practices.


This AI summary has been generated from information found on Charity Navigator.

Is Sacred Heart University Incorporated legitimate?

Sacred Heart University Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart University Incorporated 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: $4,215,045
Professional Fundraising Fees: $419,513
Other Salaries and Wages: $102,767,001

For more financial information, click here


Official website here: www.sacredheart.edu

What is the mission statement of Sacred Heart University Incorporated?

Sacred Heart University is a co-educational institution dedicated to higher learning, offering undergraduate, graduate, and doctoral degrees, as well as continuing education in various disciplines. Committed to leadership in Catholic higher education, the university goes beyond preparing students for the future, instilling in them a deeper appreciation of their own potential. Through its distinctive mission, Sacred Heart University helps students help others, collectively making a difference in the world. The university's mission encompasses the pursuit of truth and knowledge, commitment to excellence, responsibility for the common good, recognition of human dignity, preservation, transmission, and development of liberal arts and Catholic intellectual traditions. The vision is to produce graduates who are knowledgeable of self, rooted in faith, educated in mind, compassionate in heart, responsive to social and civic obligations, and able to adapt to a changing world.


Official website here: www.sacredheart.edu

Who is the CEO of Sacred Heart University Incorporated?

John Petillo is the Principal Officer of Sacred Heart University Incorporated.


Official website here: www.sacredheart.edu

What is the revenue of Sacred Heart University Incorporated?

Sacred Heart University Incorporated's revenue in 2022 was $476,875,710.


Official website here: www.sacredheart.edu

Who are the executives of Sacred Heart University Incorporated and what are their salaries?

The average compensation at Sacred Heart University Incorporated during 2022 was $21,093. There are 5072 employees and 150 volunteers at Sacred Heart University Incorporated.


Here are 36 key members and their salaries:


John J Petillo Phd (President)
  • Compensation: $1,186,855
  • Related: $0
  • Other: $129,646
Mary-Ann Bunting (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Burke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Carolan Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Davis Rn Edd Fache (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Firlotte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Greco (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Hovan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Kennedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary J Levin (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Maggitti Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Martire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher K Mcleod (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Mcmahon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mitchell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Morley Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Serpico (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Scrivo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Siegel Jd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pablo Stalman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vazquez (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Wood Edd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Larobina Esq (General Counsel)
  • Compensation: $337,035
  • Related: $0
  • Other: $38,110
Philip Mccabe (Sr. Vp For Finance)
  • Compensation: $319,224
  • Related: $0
  • Other: $51,353
Robin Cautin (Acting Provost & Vp For Academic)
  • Compensation: $336,357
  • Related: $0
  • Other: $30,269
Rupendra Paliwal (Provost & Vp For Academic Affairs)
  • Compensation: $443,130
  • Related: $0
  • Other: $23,200
James Barquinero (Sr. Vice President)
  • Compensation: $448,762
  • Related: $0
  • Other: $58,827
Robert M Hardy (Vice President)
  • Compensation: $336,306
  • Related: $0
  • Other: $28,792
David Coppola (Sr. Vp Admin & Planning)
  • Compensation: $337,131
  • Related: $0
  • Other: $37,649
Robert J Valentine (Ed Of Athletics)
  • Compensation: $257,690
  • Related: $0
  • Other: $16,644
Martha Crawford (Dean)
  • Compensation: $428,829
  • Related: $0
  • Other: $29,266
Maura Iversen (Dean)
  • Compensation: $298,407
  • Related: $0
  • Other: $30,562
Michael Iannazzi (Vice President)
  • Compensation: $295,512
  • Related: $0
  • Other: $26,149
Shirley Cannan (Vp Of Info Technology)
  • Compensation: $248,145
  • Related: $0
  • Other: $26,953


Official website here: www.sacredheart.edu

Where can I find the form 990 for Sacred Heart University Incorporated?

Sacred Heart University Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sacredheart.edu

Learn more at the official website: www.sacredheart.edu

Mission Statement of Sacred Heart University Incorporated

Sacred Heart University Incorporated, a co-educational institution of higher learning, is dedicated to offering undergraduate, graduate, and doctoral degrees, as well as continuing education in various disciplines. Committed to leadership in Catholic higher education, this university goes beyond preparing students for the future - it helps them understand their worth and potential.

Through its distinctive mission, Sacred Heart University nurtures students to help others and contribute positively to the world. The university's primary objectives include the pursuit of truth and knowledge, commitment to excellence, responsibility for the common good, recognition of human dignity, preservation, transmission, and development of the liberal arts and Catholic intellectual traditions. With a vision of shaping graduates who are knowledgeable of self, rooted in faith, educated in mind, compassionate in heart, responsive to social and civic obligations, and able to adapt to a changing world, Sacred Heart University strives to make a difference in society.

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Impact




August, 2024

Sacred Heart University Incorporated has a significant impact on society by providing a wide range of undergraduate and graduate programs rooted in the Catholic intellectual traditions and principles of engaged learning. The university's commitment to leadership in Catholic higher education reflects in its mission to shape graduates who are knowledgeable, rooted in faith, educated in mind, compassionate in heart, responsive to social and civic obligations, and able to adapt to an ever-changing world. Through its pursuit of truth, excellence, and responsibility for the common good, Sacred Heart University is dedicated to preparing students not only for their future careers but also for a deeper understanding of themselves and their potential to make a difference in the world.




This information is meant to be a general summary of Sacred Heart University Incorporated. 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.

Revenue
$476,875,710 (2022)
Expenses
$399,996,051 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,300,941
  • Program Service Revenue: $428,326,581
  • Gross Receipts: $516,717,658

Assets and Liabilities:

  • Total Assets: $1,267,127,752
  • Total Liabilities: $601,259,588
  • Net Assets: $665,868,164

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND FEES

Revenue

$358,990,385

AUXILIARY ACTIVITIES

Revenue

$64,847,829

OTHER INCOME

Revenue

$2,324,717

PITT CENTER&ATHLETICS

Revenue

$2,163,650

Organization Details

Founding Year

1963

Principal Officer

John Petillo

Main Address

5151 PARK AVENUE, FAIRFIELD, CT, 06825

NTEE Category

Code: B430 - Education

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