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UNIVERSITY OF MOUNT SAINT VINCENT

RIVERDALE, NY · EIN 131740445 · Form 990 · FY2024 · NTEE B420 · Education · Very Large (>$50M) · mountsaintvincent.edu
revenue
$138.5M
expenses
$133.8M
net assets
$122.8M
employees
1,436
program ratio
88%
mission · from form 990

FOUNDED BY THE SISTERS OF CHARITY OF NEW YORK, THE UNIVERSITY OF (CONTINUED ON SCHEDULE O). MOUNT SAINT VINCENT IS AN ACADEMICALLY EXCELLENT, AUTHENTICALLY INCLUSIVE, CATHOLIC AND ECUMENICAL LIBERAL ARTS UNIVERSITY.

profile · synthesized from sources

The University of Mount Saint Vincent is a private, Catholic and ecumenical liberal arts university in Riverdale, New York, founded by the Sisters of Charity of New York. It offers undergraduate and graduate programs with a strong emphasis on social mobility, academic excellence, and student success. The institution transitioned from "college" to "university" status in January 2024, reflecting its expanded academic offerings and mission.

named programs · 3 · from sources

What they call their work

Career Development Program
Provides students with personalized academic advising, internships, and job placement support to enhance post-graduation outcomes
College of Professional and Graduate Studies
Offers undergraduate and graduate extension programs designed for working adults and non-traditional students, providing flexible pathways to degree completion
Nursing Program
One of the recognized nursing schools in New York, offering rigorous academic preparation and high NCLEX pass rates
activities · 5 groups

What they do

  • Admissions and Enrollment Support Services 2 activities
    • Administer student enrollment and housing operations
      Processes enrollment deposits for incoming freshmen, transfer students, and students accepted into graduate and specialized programs, as well as housing deposits to support campus residency logistics.
    • Offer campus access and engagement tools
      Provides a self-guided panoramic virtual tour of the campus to support prospective student engagement and campus accessibility.
  • Health Professions Education Programs 1 activity
    • Deliver liberal arts and career-integrated higher education programs
      Offers undergraduate and graduate degree programs that combine liberal arts education with career and technical training, including specialized programs such as the Accelerated Bachelor of Science in Nursing and the Master of Science Physician Assistant program. The institution transitioned from the College of Mount Saint Vincent to the University of Mount Saint Vincent on January 1, 2024.
  • Youth & Emerging Filmmaker Training 1 activity
    • Facilitate co-curricular and enrichment programs for students
      Hosts programs such as a summer film production experience for students from Puerto Rico and New York through the CHARISM Alliance, supporting academic and personal development beyond the classroom.
  • Student and Camp Transportation Services 1 activity
    • Provide campus transportation services for students
      Operates two shuttle service lines, Gold Line and White Line, during Fall and Spring semesters to connect the campus with multiple subway and bus transit points in the surrounding area.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Support student access through scholarships and donor-funded programs
      Provides scholarships to students who would otherwise be unable to pursue higher education and supports academic programs, co-curricular opportunities, and facility maintenance through donor contributions.
financials · form 990 · fy2024
revenue
Total revenue$138.49M
Contributions & grants$13.66M10%
Program service revenue$119.50M86%
Investment income$1.35M1%
Other revenue$3.97M
expenses
Total expenses$133.82M
Program expenses88%
Admin / overhead11%
Fundraising1%
Salaries & benefits$49.59M
Grants paid out$36.97M
Largest expense lineCompensation
balance sheet
Total assets$163.65M
Cash$16.02M
Investments$57.02M
Liabilities$40.82M
Net assets$122.83M
Liquid reserves6.5 mo
6 years on record · 2019–2024 · YoY revenue +6.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 8
NameTitleHours/wkCompensation
SUSAN R BURNS PRESIDENT 60 $615K
ABED ELKESHK SENIOR EXECUTIVE VP, TREASURER & CFO 60 $360K
LYNNE BONGIOVANNI PROVOST & DEAN OF THE FACULTY 60 $305K
MADELEINE MELKONIAN SR. VP ADVANCEMENT & EXT. RELATIONS 60 $273K
CATHERINE SHARBAUGH DEAN OF NURSING 60 $267K
KEVIN DEGROAT VP OPERATIONS & CHIEF CAMPUS OFFICER 60 $260K
KRISTINA ANNE DONOHUE VP STRATEGIC ENROLLMENT & RETENTION 60 $201K
SHULAMITE ODOGWU ASSOCIATE DEAN OF NURSING 60 $186K
board members · 17
  • ALEX EHRLICH — TRUSTEE
  • ANITA KERR — TRUSTEE
  • CAROLE ACUNTO — TRUSTEE
  • CATHY-ANN MARTINE DOLECKI — TRUSTEE
  • CHERI WALSH — TRUSTEE
  • CRISTOBAL CONDE — TRUSTEE
  • DEBORAH J HAMILTON — TRUSTEE
  • DOMINICA ROCCHIO SC — TRUSTEE (THRU 02/2025)
  • DONNA DODGE SC — VICE CHAIR
  • ELIZABETH VERMAELEN SC — TRUSTEE
  • JOAN D WALSH — TRUSTEE
  • JOHN CARUSO — TRUSTEE
  • KELVIN GENTLES — TRUSTEE
  • MARGARET OBRIEN SC — SECRETARY
  • MAURA MARKUS — TRUSTEE
  • MAUREEN HENEGAN — TRUSTEE
  • PAMELA NEWMAN — TRUSTEE
relationships · 11

Who they work with

  • CHARISM Alliance Partner — Collaborates with the CHARISM Alliance to deliver an immersive summer film production experience for students.
  • Campus Prevention Network Government — Awarded the Seal of Prevention for digital prevention and wellness programs in 2023.
  • Colleges of Distinction Network — Recognized for 2024-2025 and multiple prior years for undergraduate success and program excellence in multiple categories.
  • Money Network — Recognized as a four-star Best College in America and among the most transformative colleges.
  • Sisters of Charity of Saint Vincent de Paul of New York Partner — Founded the Academy of Mount Saint Vincent and established its mission and educational philosophy.
  • The Chronicle of Higher Education Network — Recognized as first in the nation in two of three student success and social mobility categories.
  • The Lerner Group Merrill Lynch, Pierce, Fenner & Smith Inc Partner — Broker handling gifts of securities for the University.
  • The New York Times Network — Ranked #4 on the list of Top U.S. Colleges With the Greatest Economic Diversity.
  • Third Way Government — Received Tier 1 ranking for economic mobility in a national think tank report.
  • U.S. News & World Report Network — Recognized annually in rankings for social mobility and regional college excellence.
  • Wall Street Journal/Times Higher Education Network — Recognized in national rankings focusing on student success and learning outcomes.
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.

  • Faith-Integrated Education to Foster Ethical Judgment
    methodology: faith-integrated education
    By integrating Catholic and ecumenical values into a liberal arts curriculum, the university cultivates personal responsibility and thoughtful moral judgment, because spiritual and ethical formation strengthens character and civic engagement.
  • Liberal Arts as Foundation for Holistic Student Development
    methodology: liberal_arts_education
    By grounding education in the liberal arts, the university prepares students for lives of accomplishment, leadership, and service, because this approach cultivates critical thinking, ethical reasoning, and responsible citizenship.
  • Need-Blind Access to Promote Social Mobility
    methodology: need-blind access
    By providing access to higher education regardless of financial means, the university transforms lives and drives social and economic mobility, because removing financial barriers enables talented, determined students from underrepresented backgrounds to succeed and advance intergenerationally.
  • Student-Centered Learning to Drive Success
    methodology: student-centered_learning
    By emphasizing hands-on learning and strong faculty relationships, the university fosters student success, because personalized engagement and experiential education increase retention, learning, and post-graduation outcomes.