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Manhattan University

RIVERDALE, NY · EIN 131740468 · Form 990 · FY2024 · NTEE B430 · Education · Very Large (>$50M) · manhattan.edu
revenue
$210.1M
expenses
$213.0M
net assets
$317.9M
employees
1,747
volunteers
481
program ratio
86%
mission · from form 990

MANHATTAN UNIVERSITY IS AN INDEPENDENT CATHOLIC INSTITUTION OF HIGHER LEARNING THAT EMBRACES QUALIFIED MEN AND WOMEN OF ALL FAITHS, CULTURES, AND TRADITIONS. SEE SCHEDULE O.

profile · synthesized from sources

Manhattan University is a private Catholic institution of higher education in Riverdale, New York, founded in 1853. It offers undergraduate and graduate programs through three schools: Arts & Sciences, Business, and Engineering. The university emphasizes experiential learning, career readiness, and a Lasallian mission of service, diversity, and access, serving a diverse student body from across the U.S. and over 60 countries.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $12.51M
    AUXILIARY SERVICES INCLUDE THE COST OF ROOM AND BOARD FOR APPROXIMATELY 954 FULL TIME UNDERGRADUATE STUDENTS AND 32 GRADUATE STUDENTS LIVING IN TRADITIONAL RESIDENCE HALL, SUITE AND APARTMENT STYLE BUILDINGS ON OUR 22 ACRE CAMPUS. THE UNIVERSITY OFFERS A FOUR YEAR GUARANTEE OF RESIDENT HOUSING. ADDITIONALLY, GRADUATE STUDENTS ARE OFFERED HOUSING IN AN APARTMENT STYLE BUILDING. AUXILIARY SERVICES ALSO INCLUDES CAMPUS SERVICES OFFERED IN SUPPORT OF EDUCATIONAL ACTIVITIES TO STUDENTS, FACULTY AND STAFF SUCH AS THE BOOKSTORE AND CAFETERIA.
named programs · 4 · from sources

What they call their work

Kakos School of Arts & Sciences
Offers undergraduate and graduate programs in the sciences, humanities, and social sciences with an emphasis on critical thinking, research, and internships in New York City.
School of Engineering
ABET-accredited engineering programs combining technical rigor with real-world design experiences and industry connections in New York City.
Summer on the Quad: The James Patterson Enrichment Program
Free, nonresidential college-readiness camp for rising high school seniors focusing on academic skills, public speaking, and college essay development, mentored by Manhattan University students.
The O’Malley School of Business
AACSB-accredited business programs in finance, analytics, marketing, and entrepreneurship, featuring hands-on learning and a strong alumni network in global markets.
activities · 10 groups

What they do

  • College Access and Success Support 2 activities
    • Operates college-readiness program for high school students
      Runs a no-cost, nonresidential summer camp for rising high school seniors focused on developing academic and interpersonal skills, including college application essay writing, research, and public speaking.
    • Provides academic and professional support for underrepresented students
      Operates as a federally designated Hispanic Serving Institution and provides tailored advising, mentorship, and support networks for first-generation college students.
  • Higher Education Degree Programs 1 activity
    • Offers undergraduate and graduate degree programs
      Provides degree programs in business, engineering, science, education, and the arts at both undergraduate and graduate levels.
  • Health Professions Education Programs 1 activity
    • Operates a Radiation Therapy program
      Offers a Radiation Therapy program combining coursework in radiation physics, biology, and treatment planning with clinical internships and a concentration in healthcare administration; the program holds initial accreditation from the Joint Review Committee on Education in Radiologic Technology (JRCERT).
  • Financial Aid and Scholarship Access Programs 1 activity
    • Provides financial aid to students
      Offers financial aid to nearly all enrolled students, including merit-based aid and need-based grants and scholarships; 96% of first-year students receive some form of financial assistance.
  • Student Housing and Residential Services 1 activity
    • Provides on-campus housing and student services
      Offers room, board, and campus services including bookstore and cafeteria access for approximately 1,100–1,800 full-time undergraduate students on a 22-acre campus, with a four-year resident housing guarantee for undergraduates and apartment-style housing for graduate students.
  • Teacher Professional Development 1 activity
    • Provides teacher training through summer programs
      Offers teacher training for education majors and graduate students through lesson planning and instruction in a summer college-readiness program for high school students.
  • Student Club and Organization Support 1 activity
    • Supports student engagement and campus life
      Offers over 100 student clubs and organizations, hosts 37 honor societies including Phi Beta Kappa, fields 19 NCAA Division I athletic teams, and organizes weekly cultural outings to New York City through the Office of Student Engagement.
  • Workforce Readiness Training 1 activity
    • Supports student internship participation
      Facilitates internship opportunities for over half of its students, with many internships leading to full-time employment after graduation.
  • Organizational Governance & Leadership Development 1 activity
    • Uses shared governance model for institutional leadership
      Employs a shared governance model involving trustees, faculty, administrators, and staff to guide leadership decisions and ensure institutional integrity and accountability.
  • Uncategorized 1 activity
    • Launches new academic programs in AI and Data Science
      Introduced a minor in artificial intelligence with interdisciplinary coursework in machine learning, generative AI, and trustworthy AI, and launched a Bachelor of Science in Data Science program starting in fall 2026 requiring capstone projects applying data science and AI to real-world problems.
financials · form 990 · fy2024
revenue
Total revenue$210.14M
Contributions & grants$21.13M10%
Program service revenue$175.90M84%
Investment income$5.79M3%
Other revenue$7.32M
expenses
Total expenses$213.01M
Program expenses86%
Admin / overhead11%
Fundraising3%
Salaries & benefits$70.18M
Grants paid out$80.60M
Largest expense lineCompensation
balance sheet
Total assets$428.44M
Cash$17.86M
Investments$162.01M
Liabilities$110.52M
Net assets$317.92M
Liquid reserves10.1 mo
6 years on record · 2019–2024 · YoY revenue +1.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 22
NameTitleHours/wkCompensation
DR BRENNAN O'DONNELL PRESIDENT EMERITUS 0 $1.02M
DR MILO RIVERSO PRESIDENT (end October 2024) 40 $776K
THOMAS MAURIELLO VICE PRESIDENT, ASSISTANT TREASURER 40 $583K
JAMES J PERRINO VICE PRESIDENT FINANCE & CFO, TREASURER 40 $436K
JOHN GALLAGHER HEAD COACH, MEN'S BASKETBALL 40 $430K
JAMES RYAN VICE PRESIDENT AND GENERAL COUNSEL 40 $427K
RANI ROY EVP of Business Operations and INTERIM PROVOST (Jan-June 2025) 40 $390K
MARCY KELLY DEAN ARTS AND SCIENCES 40 $338K
HANY GUIRGUIS DEAN SCHOOL OF BUSINESS 40 $307K
CRAIG COLLINS VICE PRESIDENT FOR FACILITIES 40 $292K
IRMA GARCIA DIRECTOR OF ATHLETICS 40 $287K
BARBARA FABE FORMER VP HUMAN RESOURCES, SECRETARY 0 $270K
HEATHER VULIN HEAD COACH, BASKETBALL WOMEN 40 $251K
NARDA A ROMERO CONTROLLER AND ASSISTANT TREASURER (start Jan 2024) 40 $244K
STEPHEN WHITE ASSISTANT VICE PRESIDENT FOR ADVANCEMENT 40 $228K
KAREN VAHEY VICE PRESIDENT ENROLLMENT MANAGEMENT (end Sept 2024) 40 $228K
KRISTELL LOWE VICE PRESIDENT OF STUDENT LIFE (start July 2024) 40 $177K
DR STEPHEN J PUGLIESE INTERIM VICE PRESIDENT ENROLLMENT MANAGEMENT (start July 2024) 40 $164K
MATTHEW MCMANNESS FORMER VICE PRESIDENT FINANCE, TREASURER 0 $114K
DR FREDERICK BONATO INTERIM PRESIDENT (start October 2024) 40 $110K
ROBYN SALVO VICE PRESIDENT FOR HUMAN RESOURCES (start Oct 2024) 40 $72K
BR AUGUSTINE NICOLETTI VICE PRESIDENT OF MISSION (Start August 2024) 40 $47K
board members · 3
  • BR DENNIS LEE — TRUSTEE
  • BR FRANK G BYRNE — TRUSTEE, VICE CHAIR
  • BR ROBERT SCHIELER — TRUSTEE (start July 2024)
relationships · 29

Who they work with

  • American Museum of Natural History Partner — Faculty organize student visits as part of coursework integration with city institutions.
  • Brothers of the Christian Schools Network — Founding religious order that established Manhattan University and continues to inform its Lasallian mission.
  • Brothers of the Christian Schools Partner — Founded Manhattan University in 1853 and established its Lasallian Catholic educational mission.
  • Brothers of the Christian Schools Partner — Founding religious order that established Manhattan University in 1853
  • De La Salle Christian Brothers Network — Founding religious order that established Manhattan University and continues to influence its Lasallian educational mission.
  • Google Partner — Employer where Manhattan University graduates launch careers.
  • Google Partner — Employer where Manhattan University graduates secure careers
  • IBM Partner — Employer where Manhattan University graduates launch careers.
  • IBM Partner — Employer where Manhattan University graduates secure careers
  • JP Morgan Partner — Employer where Manhattan University graduates secure careers
  • JPMorgan Partner — Employer where Manhattan University graduates launch careers.
  • James Patterson Honors Program Partner — Collaborates with the Department of Education to develop and deliver the Summer on the Quad college-readiness program.
  • Joint Review Committee on Education in Radiologic Technology Government — Accrediting body that granted initial accreditation to Manhattan University's Radiation Therapy program.
  • Kakos School of Arts and Sciences Partner — Collaborates in developing and delivering the artificial intelligence minor
  • Kakos School of Arts and Sciences Partner — Collaborates on the development and delivery of the data science program.
  • New York State Board of Regents Government — Granted the institution its official charter in 1863 and approved its name change to Manhattan University in 2024.
  • O'Malley School of Business Partner — Collaborates in developing and delivering the artificial intelligence minor
  • O'Malley School of Business Partner — Collaborates on the development and delivery of the data science program.
  • Phi Beta Kappa Network — Hosts a chapter of Phi Beta Kappa, the nation's oldest and most respected academic honor society.
  • School of Engineering Partner — Collaborates in developing and delivering the artificial intelligence minor
  • School of Engineering Partner — Collaborates on the development and delivery of the data science program.
  • The Princeton Review Network — Source of national recognition for Manhattan University's academic quality and student outcomes
  • The Wall Street Journal Network — Source of national rankings recognizing Manhattan University's salary impact relative to tuition
  • U.S. News and World Report Network — Source of national rankings recognizing Manhattan University as 28th Best Regional University in the North
  • United Nations Partner — Faculty incorporate visits to the United Nations into academic programming.
  • Wall Street Partner — Used as a site for academic visits and experiential learning in finance and business education.
  • Washington Monthly Network — Source of national recognition for Manhattan University's academic quality and student outcomes
  • Wells Fargo Partner — Employer where Manhattan University graduates launch careers.
  • Wells Fargo Partner — Employer where Manhattan University graduates secure careers
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.

  • Dual-Benefit Mentorship Model
    methodology: dual-benefit mentorship_model
    By using college-readiness programs for underserved high school students as teaching practicums for its own education students, the university strengthens community impact and pedagogical training because both groups benefit reciprocally from the engagement.
  • Experiential Learning through Urban Integration
    methodology: experiential_learning
    By embedding New York City as a living classroom into academic programs, the university enhances student engagement and career readiness because real-world exposure deepens learning and connects education directly to professional practice.
  • Integration of Ethics into Technical and Professional Education
    methodology: ethics-integrated_education
    By requiring students to evaluate the societal implications of technologies like AI and data science, the university produces ethically aware professionals because technical training is paired with moral reasoning rooted in its Lasallian mission.
  • Interdisciplinary Education for Career and Societal Readiness
    methodology: interdisciplinary_education
    By combining liberal arts, business, and engineering disciplines, the university prepares students for complex, real-world challenges because interdisciplinary collaboration mirrors evolving workforce demands and societal needs.
  • Lasallian Mission-Centered Education with Social Justice Focus
    methodology: Lasallian education
    By grounding education in the Lasallian Catholic tradition, the university fosters ethical development and social responsibility because it views teaching as a vocation and education as a transformative tool for justice and equity.