Marymount California University

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

EIN: 952113260 ✦ Rancho palos verdes, CA ✦ Designated as a 501(c)(3)

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Overview

What is Marymount California University?

Marymount California University is a Catholic institution located in Rancho Palos Verdes, California. It extends a warm welcome to students of various faiths and backgrounds, offering them a quality, values-based education. With a student-centered approach to learning, the university fosters the holistic development of students, inspiring them to lead lives of service and leadership. Empowered by the Sacred Heart of Mary, Marymount California University's educational program cultivates principled thinkers in the Catholic liberal arts tradition. The campus encourages lifelong learning and skills development. The Office of Financial Aid granted scholarships and financial assistance to approximately 568 students during the 2021-2022 fiscal year. The university aims to help students reach their higher education goals while upholding the virtues of integrity, human dignity, and commitment to justice.


Official website here: www.marymountcalifornia.edu

What are the reviews and ratings of this charity?

77% rating from Charity Navigator indicates that Marymount California University has a Three-Star out of Four Star rating, primarily based on its Accountability & Finance score. This rating reflects the organization's commitment to transparency and responsible financial management, with a strong emphasis on having an independent board and no material diversion of assets.

The university has demonstrated significant strengths, including a high percentage of independent board members and effective policies for document retention and management. The program expense ratio also highlights that a substantial portion of its funds is directed toward its programs, which indicates a focus on fulfilling its mission.

However, the absence of a whistleblower policy is a noted limitation, which could affect accountability practices within the organization. Overall, while Marymount California University shows a strong commitment to financial accountability, enhancing governance policies could further improve its standing.


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

Is Marymount California University legitimate?

Marymount California University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marymount California 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: $804,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,690,785

For more financial information, click here


Official website here: www.marymountcalifornia.edu

What is the mission statement of Marymount California University?

Marymount California University is a Catholic institution that welcomes students of all faiths and backgrounds into a high-quality, values-based education. The university encourages a student-centered approach to learning, fostering the development of the whole person. Inspired by the religious of the Sacred Heart of Mary, Marymount California University challenges students to lead lives of service. This educational program in the Catholic liberal arts tradition empowers students to become principled thinkers. The university promotes an open and welcoming campus, helping students acquire skills for lifelong learning and assisting them in reaching their higher education goals. Marymount California University aspires to graduate students who embody the virtues of integrity, respect for human dignity, and commitment to justice.


Official website here: www.marymountcalifornia.edu

Who is the CEO of Marymount California University?

Brian Marcotte is the President of Marymount California University.


Official website here: www.marymountcalifornia.edu

What is the revenue of Marymount California University?

Marymount California University's revenue in 2022 was $23,775,828.


Official website here: www.marymountcalifornia.edu

Who are the executives of Marymount California University and what are their salaries?

The average compensation at Marymount California University during 2022 was $45,432. There are 231 employees and 10 volunteers at Marymount California University.


Here are 19 key members and their salaries:


Brian Marcotte (President)
  • Compensation: $182,500
  • Related: $0
  • Other: $0
Bret Johnsen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Edler (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Antoine-Marie Baurier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Jose H Gomez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Ligons (Trustee Thru 10/2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Sayers (Chair, Admissions, Retention, Student Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sue Soldoff (Development Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fr Mark Villano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Warmuth (Audit Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Bowers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Anderson (Chief Financial Officer)
  • Compensation: $193,000
  • Related: $0
  • Other: $9,333
Ariane Schauer (Provost & Exec Vp)
  • Compensation: $200,000
  • Related: $0
  • Other: $11,771
Robyn Jones (Vp Of Enrollment Mgmt)
  • Compensation: $165,000
  • Related: $0
  • Other: $26,576
Ryan Alcantara (Vp Of Student Affairs & Dean Of Students)
  • Compensation: $147,000
  • Related: $0
  • Other: $8,836
Kimberly Blue Wade (Dept. Chair Of Multidisciplinary Studies)
  • Compensation: $133,863
  • Related: $0
  • Other: $24,002
Debora Yavas (Budget Manager)
  • Compensation: $123,878
  • Related: $0
  • Other: $26,000
Karen Thordarson (Director Of Human Resources)
  • Compensation: $113,927
  • Related: $0
  • Other: $38,053
Cynthia Montecue (Dir. Of Marketing & Communications)
  • Compensation: $125,000
  • Related: $0
  • Other: $5,501


Official website here: www.marymountcalifornia.edu

Where can I find the form 990 for Marymount California University?

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


Official website here: www.marymountcalifornia.edu

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

Mission Statement of Marymount California University

Marymount California University, a Catholic institution, welcomes students of all faiths and backgrounds into a quality, values-based education. The university fosters a student-centered approach to learning that promotes the holistic development of each individual. Inspired by the Religious of the Sacred Heart of Mary, Marymount California University challenges its students to lead lives of service and leadership.

This prestigious educational institution empowers its students by providing an educational program that forms principled thinkers in the Catholic liberal arts tradition. It builds skills for lifelong learning and assists students in reaching their academic goals in higher education. Marymount California University strives to graduate students who embody the virtues of integrity, respect for human dignity, and a commitment to justice.

Marymount California University prides itself on fostering an open and welcoming campus community, where students can develop their intellects and broaden their horizons. Through its Catholic liberal arts education, the university provides a strong foundation for students to grow into well-rounded individuals, prepared for success in their chosen fields and in their personal lives. By combining academic rigor with a values-based education, Marymount California University sets its students on a path to personal growth and professional achievement.

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Impact




October, 2024

Marymount California University significantly impacts its community by providing a quality, values-based education that welcomes students of all faiths and backgrounds. Located in Rancho Palos Verdes, CA, the institution emphasizes a student-centered approach that fosters the holistic development of individuals. This commitment encourages students to pursue lives of leadership and service, inspired by the principles of the Religious of the Sacred Heart of Mary.

The university's academic programs are rooted in the Catholic liberal arts tradition, aiming to cultivate principled thinkers equipped with skills for lifelong learning. In fiscal year 2021-2022, Marymount California University's Office of Financial Aid supported approximately 568 students with scholarships and financial assistance, demonstrating its commitment to making education accessible and fostering student success. Ultimately, the university strives to graduate individuals who exemplify integrity, respect for human dignity, and a commitment to justice, creating a ripple effect of positive influence in society.




This information is meant to be a general summary of Marymount California 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.

Revenue
$23,775,828 (2022)
Expenses
$31,092,697 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $655,986
  • Program Service Revenue: $18,573,622
  • Gross Receipts: $27,020,309

Assets and Liabilities:

  • Total Assets: $30,642,938
  • Total Liabilities: $6,272,787
  • Net Assets: $24,370,151

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Programs

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

TUITION & FEES

Revenue

$16,538,237

AUXILIARY ENTERPRISES

Revenue

$1,980,415

STUDENT SERVICES

Revenue

$54,970

Organization Details

Founding Year

1968

Principal Officer

Brian Marcotte

Main Address

30800 PALOS VERDES DRIVE EAST, RANCHO PALOS VERDES, CA, 90275

NTEE Category

Code: B42 - Education

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