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Monmouth University Inc

Monmouth University

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

EIN: 210634584 ✦ West long branch, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Monmouth University Inc?

Monmouth University Inc, located in West Long Branch, New Jersey, is a comprehensive higher education institution with approximately 2,050 students residing on campus or in university-owned buildings. The university, which employs 2840 individuals, offers innovative academic programs, including degrees in business, education, humanities, nursing, health studies, science, and social work, among others. Monmouth's unique Centers of Distinction promote awareness of specific issues and cater to the needs of local and global communities. These centers include the Institute of Health and Wellness, the Polling Institute, and the Urban Coast Institute, among others. Monmouth University holds various accreditations and is known for its rigorous education and low student-to-faculty ratio, providing individualized attention. The university's beautiful coastal campus boasts a vibrant culture rich in history, arts, technology, and entrepreneurship, with a strong emphasis on community involvement and critical thinking. Monmouth's athletic programs include 23 Division I NCAA teams, and there are numerous clubs, honor societies, and extracurricular activities available. The university is committed to excellence, integrity, and preparing students to become engaged citizens in a diverse world.


Official website here: www.monmouth.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating 100% - Four-Star out of Four Star Rating

Monmouth University Inc has achieved an impressive Four-Star rating from Charity Navigator with a perfect score of 100%. This rating is particularly significant as it reflects the organization's strong commitment to accountability and financial transparency, which is critical for maintaining donor trust and support.

The organization's high score in Accountability & Finance is attributed to several strengths, including a fully independent board and robust policies related to conflict of interest and whistleblowing. With 90% of board members being independent and strong oversight measures in place, Monmouth University demonstrates a solid governance framework that enhances its credibility.

However, while the overall financial stability is commendable, it will be essential for the organization to maintain this performance over time, ensuring that program expenses remain high relative to administrative costs. The organization’s solid program expense ratio of 84.07% indicates that a significant portion of its resources is directed towards its mission-driven activities, reinforcing its positive standing.


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

What do the Facebook reviews say about Monmouth University Inc?

68% of reviewers on Facebook recommend Monmouth University Inc, based on 40 responses. The general sentiment reflects a considerable division among users, with critiques focused on the university’s handling of student behavior during athletic events.

Specific feedback highlights concerns over students allegedly engaging in inappropriate conduct and a perceived lack of response from the university's administration. Such actions have led to frustrations, indicating a need for improvement in managing sportsmanship and upholding a respectful environment.

While a majority may still support the institution, the significant concerns voiced suggest that there is room for enhancement in addressing the behavioral standards among its student body at public events.


This AI summary has been generated from reviews found on Facebook.

Is Monmouth University Inc legitimate?

Monmouth University Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monmouth University Inc 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: $3,912,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,731,452

For more financial information, click here


Official website here: www.monmouth.edu

What is the mission statement of Monmouth University Inc?

Monmouth University is a comprehensive institution of higher education dedicated to excellence and integrity in teaching, scholarship, and service. The university offers programs in liberal arts, sciences, and professional fields, preparing students to reach their full potential as leaders and engaged citizens in a diverse and increasingly interconnected world. Through its commitment to academic rigor, Monmouth University aims to foster intellectual growth and develop students who can make meaningful contributions to society.


Official website here: www.monmouth.edu

Who is the CEO of Monmouth University Inc?

Patrick F Leahy is the President of Monmouth University Inc.


Official website here: www.monmouth.edu

What is the revenue of Monmouth University Inc?

Monmouth University Inc's revenue in 2022 was $269,032,523.


Official website here: www.monmouth.edu

Who are the executives of Monmouth University Inc and what are their salaries?

The average compensation at Monmouth University Inc during 2022 was $31,565. There are 2840 employees and 845 volunteers at Monmouth University Inc.


Here are 49 key members and their salaries:


Patrick F Leahy (President)
  • Compensation: $834,926
  • Related: $0
  • Other: $109,532
Jeana M Piscatelli (Trustee And Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Brockriede Jr (Trustee And Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie N Hitchner (Trustee And Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher D Maher (Trustee And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denis J Gallagher (Trustee And Secretary (Thru 03/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Austin Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael V Benedetto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tasha Ann Youngblood Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karyn F Cusanelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Vaden Eisenstadt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen E Gerard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Grunin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond G Klose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Kolber (Trustee (As Of 07/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy A Leidersdorff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Q Lin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Mckean (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Michelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Montecalvo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tavit O Najarian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael A Plodwick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher W Shaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Skesavage (Trustee (As Of 07/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Stillwell (Trustee (As Of 07/2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Webster B Trammell Jr (Trustee (Thru 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
James S Vacarro (Trustee (Thru 01/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Hesse (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold L Hodes (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William B Roberts (Life Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Craig (Vp For Finance)
  • Compensation: $312,332
  • Related: $0
  • Other: $54,357
Patricia Swannack - Vp For (Administrative Services (Thru 07/21))
  • Compensation: $323,906
  • Related: $0
  • Other: $38,520
John Christopher (Vp & General Counsel)
  • Compensation: $270,760
  • Related: $0
  • Other: $54,150
Robert Mccaig (Vp Enrollment Management)
  • Compensation: $258,516
  • Related: $0
  • Other: $56,925
Edward Christensen (Vp/Information Management)
  • Compensation: $224,905
  • Related: $0
  • Other: $88,945
Mary Anne Nagy (Vp For Student Services)
  • Compensation: $259,094
  • Related: $0
  • Other: $22,097
Amanda M Klaus (Vp University Advancement)
  • Compensation: $228,593
  • Related: $0
  • Other: $29,989
Pamela Scott-Johnson - Provost (& Sr Vp Acad. Affairs (As Of 8/21))
  • Compensation: $184,566
  • Related: $0
  • Other: $14,009
Richard F Veit Jr (Int. Dean - School Of Humanities)
  • Compensation: $177,138
  • Related: $0
  • Other: $100,780
Susan Gupta (Associate Provost)
  • Compensation: $189,935
  • Related: $0
  • Other: $56,618
King D Rice (Head Basketball Coach)
  • Compensation: $525,715
  • Related: $0
  • Other: $62,628
Donald Moliver (Professor)
  • Compensation: $295,438
  • Related: $0
  • Other: $50,623
Thomas S Pearson (Professor)
  • Compensation: $243,150
  • Related: $0
  • Other: $48,757
Ann Marie Mauro (Dean - School Of Nursing)
  • Compensation: $246,537
  • Related: $0
  • Other: $39,793
Kenneth Womack (Professor)
  • Compensation: $229,571
  • Related: $0
  • Other: $40,925
Laura Moriarty (Professor)
  • Compensation: $220,784
  • Related: $0
  • Other: $29,091
Marilyn Mcneil (Former Vp/Director Athletics)
  • Compensation: $267,621
  • Related: $0
  • Other: $41,321
Rekha Datta (Professor)
  • Compensation: $259,460
  • Related: $0
  • Other: $23,244
Jonathan Meer (Senior Philanthropic Advisor)
  • Compensation: $110,171
  • Related: $40,952
  • Other: $50,116


Official website here: www.monmouth.edu

Where can I find the form 990 for Monmouth University Inc?

Monmouth University Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.monmouth.edu

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

Mission Statement of Monmouth University Inc

Monmouth University, a comprehensive institution of higher education, is dedicated to achieving excellence and integrity in teaching, scholarship, and service. With a focus on liberal arts, sciences, and professional programs, this esteemed university aims to cultivate leaders and engaged citizens in a diverse and increasingly interdependent world.

Its commitment to academic excellence is reflected in its mission to educate and prepare students to reach their full potential. Monmouth University's faculty, scholars, and professionals are devoted to fostering intellectual curiosity, critical thinking, and creativity in its students. The university prides itself on instilling a strong moral foundation and a commitment to ethical conduct among its graduates.

Monmouth University's impact extends beyond its campus as its students are encouraged to apply their knowledge and skills to make a difference in their communities and the world. The university's students are well-equipped to contribute to various industries and sectors, making them valuable assets to society. In summary, Monmouth University, a beacon of higher education, is committed to shaping future leaders and engaged citizens through its rigorous academic programs and a strong emphasis on character and service.

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Impact




August, 2024

Monmouth University Inc has a significant impact as a comprehensive institution of higher education. It provides innovative academic programs across various disciplines and fosters a culture of transformative learning both inside and outside the classroom. The university's commitment to excellence and integrity in teaching, scholarship, and service prepares its students to become leaders and engaged citizens in a diverse and interdependent world. Additionally, Monmouth University's research and public service initiatives, as well as its emphasis on cultural and global literacy, contribute to the public good and social mobility. The university's recognition in various annual rankings further underscores its positive impact in the field of education.




This information is meant to be a general summary of Monmouth University Inc. 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
$269,032,523 (2022)
Expenses
$267,428,151 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,711,118
  • Program Service Revenue: $234,982,741
  • Gross Receipts: $360,860,842

Assets and Liabilities:

  • Total Assets: $429,689,394
  • Total Liabilities: $56,070,300
  • Net Assets: $373,619,094

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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

$201,685,408

AUXILIARY ENTERPRISES

Revenue

$28,767,732

OTHER

Revenue

$4,264,184

GOVERNMENT CONTRACTS

Revenue

$265,417

Organization Details

Founding Year

1948

Principal Officer

Patrick F Leahy

Main Address

400 CEDAR AVENUE, WEST LONG BRANCH, NJ, 077641898

NTEE Category

Code: B430 - Education

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