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IONA UNIVERSITY

New Rochelle, NY · EIN 133508093 · Form 990 · FY2024 · NTEE B43 · Education · Very Large (>$50M) · iona.edu
revenue
$208.1M
expenses
$213.0M
net assets
$362.6M
employees
1,737
volunteers
33
program ratio
89%
mission · from form 990

IONA UNIVERSITY IS A CATHOLIC UNIVERSITY COMPRISED OF A DIVERSE COMMUNITY OF LEARNERS & SCHOLARS DEDICATED TO ACADEMIC EXCELLENCE IN THE TRADITION OF THE CHRISTIAN BROTHERS.

profile · synthesized from sources

Iona University is a Catholic university in New Rochelle, NY, dedicated to academic excellence within the tradition of the Christian Brothers. It serves undergraduate and graduate students through comprehensive academic programs, student support services, and campus life initiatives. The institution emphasizes holistic development, combining rigorous education with career preparation, community engagement, and spiritual growth.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $43.88M
    STUDENT SERVICES - OTHER ACADEMIC AND STUDENT SUPPORT ACTIVITIES ARE PROVIDED FOR ENROLLED STUDENTS AND IN SUPPORT OF FACULTY SCHOLARSHIP CONSISTENT WITH STANDARDS ESTABLISHED BY THE NEW YORK STATE EDUCATION DEPARTMENT, THE COMMISSION OF HIGHER EDUCATION OF THE MIDDLE STATES ASSOCIATION OF SCHOOLS AND COLLEGES AND BEST PRACTICES IN AMERICAN HIGHER EDUCATION. THESE INCLUDE FULLY STAFFED AND OPERATIONAL LIBRARIES, A CAREER DEVELOPMENT CENTER, COUNSELING CENTER, HEALTH SERVICES CENTER, IT SUPPORT CENTER, FACULTY TRAINING CENTER, TUTORING AND ACADEMIC SUPPORT CENTER, CAMPUS MINISTRIES OFFICE, ATHLETICS DEPARTMENT, AND STUDENT DEVELOPMENT OFFICE SERVICING CLUBS, STUDENT GOVERNMENT, STUDENT MEDIA AND STUDENT RECREATION.
  2. #2 $23.57M
    AUXILIARY ENTERPRISES - IONA UNIVERSITY PROVIDES ANCILLARY AUXILIARY SERVICES TO BOTH ITS STUDENT POPULATION AND ITS EMPLOYEE BASE IN AN EFFORT TO SUPPORT ITS EDUCATIONAL MISSION: 1) RESIDENTIAL SERVICES - AS PART OF THE STUDENT EXPERIENCE, IONA UNIVERSITY OFFERS ON-CAMPUS RESIDENCE HALL HOUSING AND RELATED SERVICES. THE PRIMARY GOAL OF IONA'S RESIDENTIAL LIFE PROGRAM IS TO PROVIDE A SAFE, SECURE AND COMFORTABLE ENVIRONMENT WHERE ACADEMIC SUCCESS, AS WELL AS THE SOCIAL, EMOTIONAL, SPIRITUAL, PHYSICAL AND CULTURAL DEVELOPMENT OF EACH RESIDENT, IS FACILITATED. 2) BOOKSTORE - THE UNIVERSITY HAS AN ON-CAMPUS BOOKSTORE WHERE STUDENTS CAN PURCHASE TEXTBOOKS, STUDY AIDS, ELECTRONICS, SOFTWARE, STATIONERY AND RELATED HARD GOODS. 3) FOOD SERVICE/CAFETERIA - THE UNIVERSITY HAS AN ON-CAMPUS CAFETERIA THAT IS COMMITTED TO PROVIDING QUALITY AND NUTRITIOUS FOOD WITH EXCEPTIONAL SERVICE. RESIDENT STUDENTS AND COMMUTERS MAY PARTICIPATE IN THE FULL MEAL PLAN OFFERED AT IONA UNIVERSITY.
named programs · 4 · from sources

What they call their work

Auxiliary Enterprises
Residential life programs, on-campus housing, dining plans, bookstore services, and food service operations supporting student needs
Club Sports and Recreation
Intramural and club sports programs including lacrosse, soccer, esports, and performing arts groups that promote student engagement and wellness
International Student Services
Support for international students including immigration advising, cultural adjustment resources, and transition assistance
Student Services
Comprehensive support for enrolled students including academic tutoring, career development, counseling, health services, IT support, campus ministries, and student government
activities · 13 groups

What they do

  • Alumni Community Building 2 activities
    • Maintain alumni network
      Manages an alumni network of 55,000 graduates to support institutional engagement and lifelong connections.
    • Support alumni professional development and leadership
      Supports alumni engagement and leadership development, including funding participation in external fellowships such as the Deans for Impact Impact Academy for faculty representatives.
  • Interscholastic and Inclusive School Sports Programs 1 activity
    • Administer athletic programs and student-athlete initiatives
      Supports over 550 student-athletes through 24 NCAA Division I teams and club sports competing regionally; integrates student-athlete service initiatives such as support for Gullotta House and other local causes.
  • Historic Site Public Programming 1 activity
    • Conduct community-engaged research and planning projects
      Conducted primary research with 27 in-depth interviews and 50+ community surveys in Sleepy Hollow; developed prototypes for signage and wayfinding systems, and provided a roadmap for digital integration and programming calendar to promote tourism.
  • Higher Education Career Placement 1 activity
    • Deliver career readiness and employment support
      Organizes annual fall and spring career fairs, provides free professional headshots starting in freshman year, and reports that 91% of graduates secure employment or enroll in graduate school within six months, with average salary of $78,000 five years after graduation.
  • Student Support and Academic Services 1 activity
    • Deliver student academic and life support services
      Provides comprehensive support through Admissions, Student Financial Services, Academic Advising, libraries, career development, counseling, health services, IT support, tutoring, campus ministries, and faculty training to promote student success.
  • Student Club and Organization Support 1 activity
    • Facilitate student clubs, leadership, and academic engagement
      Offers over 100 student clubs and organizations including academic societies, performing arts, leadership teams, and Greek life; hosts Iona Scholars Day for students to present academic and creative work.
  • Industry-Specific Student Scholarships and Competitions 1 activity
    • Fund student innovation through entrepreneurial grants
      Provides funding to student teams who win the annual Iona Innovation Challenge to develop and launch entrepreneurial ideas.
  • Project-Based Learning Programs 1 activity
    • Integrate service-learning and applied research into curriculum
      Embeds service-learning in academic coursework enabling students to apply skills through internships, community projects, and research presentations; examples include business growth analysis for New Rochelle and computer science projects for Minority- and Women-Owned Business Enterprises.
  • Higher Education Degree Programs 1 activity
    • Offer undergraduate and graduate academic programs
      Provides 45 undergraduate majors, over 35 minors, and graduate programs including a 36-credit MBA with accelerated 12-month full-time and 18-month part-time options; expanded academic offerings supported by transition from college to university status in 2022.
  • Campus Facility Operations and Management 1 activity
    • Operate domestic and international campuses
      Operates a 28-acre campus in Bronxville, NY, nearly doubling physical footprint, and maintains a campus in Westport, Ireland, located on the 400-acre Westport House Estate for student study and programming.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Provide scholarships and expedited financial support
      Offers institutional scholarships or grant aid to 99% of first-year and transfer students; provides admissions decisions and credit evaluations to transfer applicants within 24 hours to support access and enrollment.
  • Student Housing and Residential Services 1 activity
    • Provide student housing and campus life infrastructure
      Offers on-campus housing for 1,295 undergraduate students and operates residential services including bookstore and cafeteria to support student life and academic success.
  • Health Professions Education Programs 1 activity
    • Train health sciences professionals through specialized facilities
      Operates the Kelly Center for Health Sciences, a three-floor facility with simulation labs and hospital-like environments, and offers nursing and health sciences education through the NewYork-Presbyterian Iona School of Nursing & Health Sciences launched in 2023.
financials · form 990 · fy2024
revenue
Total revenue$208.13M
Contributions & grants$17.80M9%
Program service revenue$182.32M88%
Investment income$484K0%
Other revenue$7.52M
expenses
Total expenses$213.03M
Program expenses89%
Admin / overhead10%
Fundraising1%
Salaries & benefits$77.39M
Grants paid out$79.35M
Largest expense lineCompensation
balance sheet
Total assets$519.63M
Cash$28.87M
Investments$256.02M
Liabilities$156.99M
Net assets$362.64M
Liquid reserves16.1 mo
6 years on record · 2019–2024 · YoY revenue +7.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 15
NameTitleHours/wkCompensation
DR SEAMUS CAREY PRESIDENT 65 $921K
TOBIN ANDERSON HEAD COACH - MENS BASKETBALL 50 $767K
TRICIA MULLIGAN PHD PROVOST & SVP, ACADEMIC AFFAIRS 50 $395K
KEVIN O'SULLIVAN SVP, ENROLLMENT&STUDENT AFFAIR 50 $365K
KAVITA DHANWADA Dean OF THE NY-PRESBYTERIAN 50 $357K
MICHAEL SMERIGLIO SVP, FACILITIES AND CAMPUS OPER. 50 $351K
GARY GRANT SVP, ADVN & EXTERNAL AFFAIRS 50 $342K
NATHANIEL J KANE SVP, FINANCE & ADMINISTRATION 50 $325K
TIMOTHY CLUESS ADVISOR TO THE PRSEIDENT & ATHLETICS 50 $294K
MARYELLEN CALLAGHAN SVP, Graduate Admissions & Board Secretary 50 $274K
MATTHEW GLOVASKI DIRECTOR OF ATHLETICS 50 $268K
NICHOLAS BEUTELL PROFESSOR (1/1/24-11/30/24) 50 $264K
MARY CLARE REILLEY SVP, Marketing & Communication & Chief of Staff 50 $236K
Sandy A Curko General Counsel (1/1/24 - 9/13/24) 50 $219K
SUSAN G FIORE General Counsel (12/9/24-Present) 50 $16K
board members · 10
  • AL KELLY — TRUSTEE
  • ANDREW J DOLCE — TRUSTEE
  • ARMANDO RODRIGUEZ JR — TRUSTEE
  • BARTLEY F LIVOLSI — TRUSTEE
  • BOB MEHMEL — TRUSTEE
  • CATHY MCCABE — TRUSTEE
  • DAN DOYLE — TRUSTEE
  • DAVID P BROWN — TRUSTEE
  • DR ERIC ROBINSON — TRUSTEE
  • ED MCNALLY — TRUSTEE
relationships · 28

Who they work with

  • 5W Public Relations Partner — Hosts Iona students for internships through alumni connections.
  • AACSB International Government — Accredits the LaPenta School of Business at Iona University.
  • AACSB International Government — Awards accreditation to the LaPenta School of Business, recognizing it as meeting high global standards for business education.
  • Business Council of Westchester Partner — Collaborates with Iona University through the Westchester Innovation Network (WIN) City Labs initiative to provide students with community-engaged learning and offer municipalities consulting services.
  • Chase Partner — Company associated with professional experiences for Iona students in New York City
  • Deans for Impact Partner — Collaborates with Deans for Impact through the Impact Academy fellowship to strengthen educator preparation and leadership development.
  • EY Partner — Employer where Iona accounting students have secured full-time offers
  • Forbes Network — Recognized Iona University in its 2026 Financial Report Card for Private Colleges.
  • Georgetown University Center on Education and the Workforce Funder — Ranked Iona degree in the top 6 percent nationally for long-term return on investment.
  • Google Partner — Company hosting Iona student on-site visits to explore work-life at major employers
  • MAAC Network — Member of the Metro Atlantic Athletic Conference, competing in conference championships.
  • Mastercard Partner — Company hosting Iona student on-site visits to explore work-life at major employers
  • Metro Atlantic Athletic Conference Partner — Hosts Iona University's Esports team competitions.
  • Middle States Association of Schools and Colleges Government — Accrediting commission whose higher education standards inform institutional practices.
  • Morgan Stanley Partner — Company hosting Iona student on-site visits to explore work-life at major employers
  • New Rochelle Partner — Students assist the city of New Rochelle in identifying business growth opportunities through academic projects.
  • New York State Education Department Government — Regulatory body whose standards guide academic and student support programming.
  • NewYork-Presbyterian Partner — Collaborates with Iona University in operating the Iona School of Nursing & Health Sciences.
  • NewYork-Presbyterian Partner — Collaborates with Iona University on the NewYork-Presbyterian Iona School of Nursing & Health Sciences.
  • NewYork-Presbyterian Partner — Collaborates with Iona University to train health care professionals through the NewYork-Presbyterian Iona School of Nursing & Health Sciences.
  • NewYork-Presbyterian Partner — Healthcare employer where Iona nursing alumna secured a position as a labor and delivery nurse
  • State Farm Partner — Employer participating in Iona’s career fairs to connect with students about employment and internship opportunities
  • The Princeton Review Network — Recognized Iona University's LaPenta School of Business in its “Best Business Schools for 2027” list based on student and administrator surveys.
  • The Princeton Review Network — Recognized by The Princeton Review as one of the 390 best colleges nationwide.
  • The Princeton Review Partner — Collaborates with Iona University in recognition and promotion, including naming Iona among its 391 best colleges in the nation
  • The Wall Street Journal Network — Ranked #66 in the nation in The Wall Street Journal’s 2024 Best Colleges in America report.
  • Village of Sleepy Hollow Partner — Partnered with Iona University students to address visitor experience challenges through the BCW WIN City Labs initiative.
  • Westport House Partner — Hosts Iona University classes at its historic site in Westport, Ireland.
strategies · 5

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.

  • AI-Enhanced Education for Critical Thinking and Innovation
    methodology: ai-enhanced_education
    By integrating artificial intelligence into the educational experience, Iona University enhances student innovation, creativity, and critical thinking because AI tools are leveraged as catalysts for independent thinking and professional readiness, rather than replacements for learning.
  • Design Thinking for Community Problem Solving
    methodology: design_thinking
    By applying design thinking centered on empathy and observation, Iona equips students to address complex societal challenges because this human-centered approach fosters innovation through deep understanding of community needs.
  • Experiential Learning with Innovation and Industry Alignment
    methodology: experiential_learning
    By grounding education in internships, community partnerships, research, and industry-experienced faculty, Iona produces career-ready graduates because real-world application and adaptive curricula aligned with business needs deepen skill development and professional impact.
  • Relationship-Centered Student Development
    methodology: relationship-centered_development
    By fostering close-knit relationships among students, faculty, alumni, and the broader community, Iona enhances personal and professional growth because sustained, meaningful connections create supportive networks that drive long-term success and character development.
  • Service-Learning Rooted in Catholic Values and Community Engagement
    methodology: service-learning
    By integrating service-learning into academic courses and leadership development, Iona prepares students for meaningful societal impact because community engagement grounded in Catholic heritage fosters ethical responsibility and values-based leadership.