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MARIST UNIVERSITY

POUGHKEEPSIE, NY · EIN 141442493 · Form 990 · FY2024 · NTEE B430 · Education · Very Large (>$50M) · marist.edu
revenue
$397.4M
expenses
$365.0M
net assets
$871.0M
employees
3,777
volunteers
215
program ratio
91%
mission · from form 990

MARIST UNIVERSITY IS DEDICATED TO HELPING DEVELOP THE INTELLECT, CHARACTER (CONT IN SCHEDULE O)AND SKILLS REQUIRED FOR ENLIGHTENED, ETHICAL, AND PRODUCTIVE LIVES IN THE GLOBAL COMMUNITY OF THE 21ST CENTURY.

profile · synthesized from sources

Marist University is a private, residential university in Poughkeepsie, New York, offering undergraduate and graduate programs across disciplines including business, health sciences, liberal arts, and technology. The university emphasizes a living-learning environment through its residential life program and supports student development via academic instruction, campus housing, dining services, and sustainability initiatives. It serves approximately 3,400 students on campus with auxiliary services integrated into the educational experience.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $42.24M
    MARIST IS A RESIDENTIAL CAMPUS WITH APPROXIMATELY 70%+ OF STUDENTS LIVING IN ON-CAMPUS HOUSING ALL FOUR YEARS. THE UNIVERSITY RECOGNIZES THAT A STUDENT'S DEVELOPMENT SHOULD BE SUPPORTED BY THEIR LIVING ENVIRONMENT AND INCORPORATES PROGRAMMING, PEER AND STAFF SUPPORT, AND OTHER COMMUNITY-BUILDING ACTIVITIES IN THE RESIDENCE HALLS. ANOTHER LARGE AUXILIARY FUNCTION INCLUDES FOODS SERVICE THROUGH BOTH A RESIDENT AND RETAIL DINING PROGRAM. THE RESIDENT DINING OPERATION PROVIDES FOOD ON A DAILY BASIS TO OVER 3,000 PARTICIPANTS THROUGH MORE THAN 10 DIFFERENT DINING LOCATIONS ACROSS CAMPUS. (CONTINUED IN SCHEDULE O)THE CAMPUS DINING EXPERIENCE IS FOCUSED ON CULINARY EXPERTISE, FRESH LOCAL AND REGIONAL INGREDIENTS, HEALTHY OPTIONS, AND A SHARED SENSE OF ENVIRONMENTAL AND SOCIAL RESPONSIBILITY. OTHER CAMPUS AUXILIARY SERVICES INCLUDE A CAMPUS STORE, COMPUTER STORE, AND A CAMPUS/COMMUNITY DEBIT CARD ACCOUNT KNOWN AS MARIST MONEY. THROUGHOUT ALL OF THE UNIVERSITY'S AUXILIARY SERVICES, AN EMPHASIS IS PLACED ON PROMOTING SUSTAINABLE PRACTICES WHERE APPLICABLE AND INCLUDE, BUT ARE NOT LIMITED TO, EDUCATING FACULTY, STAFF, AND STUDENTS ABOUT THE IMPACT OF THEIR ACTIONS ON THE ENVIRONMENT; IDENTIFYING, ESTABLISHING, AND PUBLICIZING SUSTAINABILITY PRINCIPLES, GOALS, AND BEST PRACTICES; PROVIDING A FRAMEWORK FOR GUIDING SUSTAINABLE PROCEDURES, PROGRAMS, AND INITIATIVES; AND MONITORING AND REPORTING PROGRESS ON CAMPUS SUSTAINABILITY INITIATIVES. FORM 990, PART V, LINE 1A:AMOUNT REPORTED IN BOX 3 OF FORM 1096MARIST UNIVERSITY IS REPORTING THE NUMBER FROM FORM 1096, BOX 3, LESS THE AMOUNT OF FORMS 1098-T PROVIDED TO STUDENTS DURING THE YEAR. FOR 2024, THERE WERE 7,530 FORMS 1098-T ISSUED.
named programs · 4 · from sources

What they call their work

Campus Dining Services
Operates resident and retail dining programs serving over 3,000 participants daily across multiple locations, emphasizing culinary quality, local ingredients, healthy options, and environmental responsibility.
Marist Money
Campus-wide debit card system used by students and employees for transactions at the campus store, computer store, dining facilities, and other on-campus services.
Residential Life Program
Provides on-campus housing and community-building programming for over 3,400 students using a "Rites of Passage" philosophy to support student development in a living-learning environment.
Sustainability Initiatives
Framework for promoting sustainable practices across campus operations, including education, policy development, and progress reporting on environmental and social responsibility goals.
activities · 15 groups

What they do

  • Higher Education Degree Programs 2 activities
    • Deliver comprehensive undergraduate and graduate education
      Offers a four-year liberal arts and pre-professional education through six academic schools, with nearly 50 majors and over 6,000 enrolled students, including approximately 4,900 undergraduates, 1,000 graduate students, and 400 adult learners.
    • Provide online degree and certificate programs
      Offers a wide range of online degree programs and certificates to students globally, expanding access to Marist’s academic offerings beyond on-campus enrollment.
  • Leadership Development Programs 1 activity
    • Deliver leadership development programs
      Provides leadership development through speeches, conferences, and workshops at the Raymond A. Rich Institute.
  • School-Based Mental Health and Family Support 1 activity
    • Deliver student health and mental health services
      Offers Health Services by appointment to all traditional undergraduate students, short-term counseling, weekly therapy groups, mental health workshops, crisis response, and referrals to off-campus providers for long-term care.
  • Volunteer Fire Department Support 1 activity
    • Engage in community partnerships and civic contributions
      Voluntarily contributes to the Fairview Fire District's annual fundraising campaign and provides funds for capital improvements as part of its community engagement efforts.
  • Campus and Residential Safety Services 1 activity
    • Ensure campus safety and security
      Provides 24/7 campus safety personnel, secure residence halls, emergency alert systems, and safety education programming to support a secure campus environment.
  • Student Support and Academic Services 1 activity
    • Facilitate student financial aid and registration services
      Helps students access financial aid, TAP scholarships, GI Bill benefits, and provides course registration, FERPA compliance, and commencement support through the Registrar and Student Financial Services departments.
  • Public Access to Digital and Physical Library Collections 1 activity
    • Operate academic library and learning facilities
      Operates the James A. Cannavino Library, a three-story academic facility offering physical and digital resources, multimedia classrooms, and academic support spaces that serve as a central hub for research and learning.
  • College Auxiliary Retail and Convenience Services 1 activity
    • Operate campus store and retail services
      Provides access to physical and digital textbooks, apparel, gifts, supplies, and electronics through an online campus store managed in partnership with Follett.
  • Study Abroad and Global Immersion Programs 1 activity
    • Operate domestic and international campuses and study abroad programs
      Operates a main campus in Poughkeepsie, NY, a branch campus in Florence, Italy, and offers over 70 international study programs; ranked #1 nationally for academic year study abroad programs according to the Open Doors Report.
  • Campus Auxiliary Services Management 1 activity
    • Provide campus dining services
      Provides daily meals to over 3,000 participants through more than 10 dining locations on campus.
  • Educational Technology Access and Support 1 activity
    • Provide information technology and digital infrastructure support
      Provides network connectivity, wireless access, personal computing support, and digital learning infrastructure through the Information Technology department.
  • Student Housing and Residential Services 1 activity
    • Provide on-campus housing and residential life services
      Provides university housing to over 3,300 undergraduate and 3,400 total students in various residence styles, including corridor, suite, apartment, and townhouse formats, supported by the Housing and Residential Life office.
  • Research and Scholarly Fellowship Support 1 activity
    • Support faculty research and grant acquisition
      Provides support to full-time faculty in securing external grant awards for research, curriculum development, and creative activities aligned with the university's academic mission.
  • Higher Education Career Placement 1 activity
    • Support student career and academic success
      Provides a comprehensive suite of academic support services, including writing centers, language labs, and career advising, to promote academic and professional achievement; 94% of graduates are employed or enrolled in graduate school within six months of graduation.
  • Uncategorized 3 activities
    • Administer academic accreditation and program registration
      Maintains specialized accreditations for professional programs including business (AACSB), athletic training (CAATE), medical laboratory science (NAACLS), teacher preparation (AAQEP), social work (CSWE), physician assistant (ARC-PA), physical therapy (CAPTE), public administration (NASPAA), and school psychology (NASP); registers all degree programs with the New York State Education Department.
    • Conduct institutional research and data analysis
      Collects, archives, analyzes, and reports institutional data to support strategic planning, assessment, and management decision-making.
    • Facilitate first-year student transition and campus dialogue
      Operates the Common Read program to engage the campus community in dialogue on contemporary issues and support the academic and social integration of first-year students.
financials · form 990 · fy2024
revenue
Total revenue$397.39M
Contributions & grants$15.79M4%
Program service revenue$332.97M84%
Investment income$42.56M11%
Other revenue$6.06M
expenses
Total expenses$364.96M
Program expenses91%
Admin / overhead8%
Fundraising1%
Salaries & benefits$137.92M
Grants paid out$118.47M
Largest expense lineCompensation
balance sheet
Total assets$1.12B
Cash$67.73M
Investments$585.15M
Liabilities$251.79M
Net assets$871.04M
Liquid reserves21.5 mo
6 years on record · 2019–2024 · YoY revenue +4.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 16
NameTitleHours/wkCompensation
KEVIN WEINMAN PRESIDENT 50 $1.39M
GEOFFREY L BRACKETT EXEC. VP FOR OPS & COMM. RELATIONS 50 $542K
JOHN DUNNE HEAD COACH, MEN'S BASKETBALL 50 $454K
SEAN P KAYLOR VP OF ADMISSIONS & ENROLLMENT 50 $435K
ELIZABETH VEASEY VP OF BUSINESS AFFAIRS/CFO 50 $424K
LEE MIRINGOFF DIRECTOR OF MIPO 50 $423K
DARYL RICHARD VP FOR COMM. & MKTG. 50 $417K
DENNIS J MURRAY - PROFESSOR OF PUBLIC AFFAIRS/FORMER PRESIDENT 50 $404K
MICHAEL CAPUTO VP OF INFORMATION TECHNOLOGY/CIO 50 $393K
CATHERINE KODAT PROVOST & DEAN OF FACULTY 50 $390K
CHRISTOPHER DELGIORNO VP OF COLLEGE ADVANCEMENT 50 $345K
ALICIA SLATER - DEAN SCHOOL OF SCIENCE & SENIOR ASSOCIATE PROVOST 50 $324K
WILLIAM LAMB DEAN, SCHOOL OF MANAGEMENT 50 $317K
EMILY SALAND - VP OF STRATEGIC INITIATIVES & INT CHIEF OF STAFF 50 $297K
THOMAS WERMUTH-DR FRANK BUMPUS CHAIR/FRMR VP OF ACADEMIC AFFAIRS 50 $285K
JENNIFER MIGLIORE - CHIEF OF STAFF & LIAISON, BOARD (THRU 11/24) 50 $76K
board members · 9
  • ALVIN PATRICK — TRUSTEE
  • ANDREW L KAYIIRA JR — TRUSTEE (AS OF 11/2024)
  • ANTHONY LORELLO — TRUSTEE (THRU 06/2025)
  • BROTHER JOHN W KLEIN — TRUSTEE
  • CHRISTOPHER G MCCANN — TRUSTEE
  • CJAMES TAYLOR III — TRUSTEE
  • DANIEL G HICKEY SR — TRUSTEE
  • DIRK MCMAHON — VICE CHAIR
  • DONALD DUET — TRUSTEE (THRU 11/2024)
relationships · 22

Who they work with

  • Accreditation Review Commission on Education for the Physician Assistant Government — Accredited for Physician Assistant program by ARC-PA
  • Association for Advancing Quality in Educator Preparation Government — Accredited for educator preparation programs by AAQEP
  • Association to Advance Collegiate Schools of Business Government — Accredited for business programs by AACSB International
  • Commission on Accreditation in Physical Therapy Education Government — Accredited for Doctor of Physical Therapy program by CAPTE
  • Commission on Accreditation of Athletic Training Education Government — Accredited for Athletic Training program by CAATE
  • Council on Social Work Education Government — Accredited for Bachelor of Social Work program by CSWE
  • Fairview Fire District Partner — Receives voluntary contributions from Marist University for its annual fundraising campaign and capital improvements.
  • Follett Partner — Manages campus retail services and the online store for Marist University.
  • Hudson River Valley Institute Partner — Partners with the Hudson River Valley Institute for research and regional engagement.
  • IBM Partner — Collaborates with IBM on joint research initiatives, including the Marist/IBM Joint Study.
  • Lorenzo d’Medici Institute Partner — Partnered with Marist to offer study abroad opportunities at the Florence campus.
  • Marist Brothers Partner — Religious order that founded Marist University and established its core educational ideals.
  • Middle States Commission on Higher Education Government — Institutionally accredited by MSCHE since 1964, with reaffirmation in 2023
  • National Accrediting Agency for Clinical Laboratory Science Government — Accredited for Medical Laboratory Science program by NAACLS
  • National Association of School Psychologists Government — Accredited for Master of Arts in School Psychology program by NASP
  • Network of Schools of Public Policy, Affairs, and Administration Government — Accredited for Master of Public Administration program by NASPAA
  • New York State Education Department Government — Registers all degree programs with NYSED
  • The Princeton Review Government — Source of rankings for Most Innovative Universities in the North Region.
  • Thriving Campus Partner — Partners with Thriving Campus to help students connect with local off-campus mental health providers.
  • U.S. Department of Veterans Affairs Government — Processes GI Bill Benefits for students through the Registrar's office.
  • dineoncampus.com Partner — Partner website providing meal plan and dining information for Marist students.
  • my.Marist.edu Partner — Platform used for student forms, resources, and services including FERPA release and Change of Major submission.
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Global-Integrated Education Model
    methodology: experiential_global_learning
    By embedding global experiences such as study abroad and international internships into the curriculum, Marist advances academic and professional development because cross-cultural engagement enhances personal growth and global competence.
  • Integrated Academic and Experiential Learning
    methodology: experiential_learning
    By combining classroom instruction with hands-on experiences, Marist University enhances student engagement and learning outcomes because experiential learning deepens understanding and application of knowledge.
  • Living-Learning Environment with Developmental Framework
    methodology: living_learning_environment
    By integrating residential life with academic and personal development programming, Marist supports student growth because intentional living environments foster community, belonging, and structured developmental milestones.
  • Social Justice-Oriented Student Support
    methodology: social_justice_oriented_counseling
    By grounding counseling and student services in a social justice framework, Marist promotes mental health and inclusion because this approach fosters care, belonging, and empowerment for diverse student populations.