Caldwell University Inc
84% goes to programs $29 to raise $100
Caldwell University Inc is a 501(c)(3) organization based in Caldwell, New Jersey, registered in 1946, with $74,707,970 in FY2023 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
120 Bloomfield Ave, Caldwell, NJ, 07006 EIN 22-1500483 Since 1946
Revenue (FY2023)
$74.7M
▼ 2.5% vs prior year
Education median: $200K
Expenses (FY2023)
$76.7M
Net assets
$29.2M
Employees
869
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $29 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Caldwell University Inc: 84% to programs · $29 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating5 mo reserves · -3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Caldwell University Inc: 5 mo reserves · -3% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Caldwell University Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Caldwell University Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To prepare students through the liberal arts and professional studies to think critically, pursue truth, and contribute to a just society.
Contact & location
- Address
- 120 Bloomfield Ave, Caldwell, NJ, 07006
- City
- Caldwell
- State
- New Jersey
- Category
- Education
- Subcategory
- Colleges & Universities
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $61.9M (FY2014) to $74.7M (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $29.8MNet assets $29.2M
Operating margin
-2.7%
Spent more than it raised in the latest fiscal year.
Total assets
$59.1M
Total liabilities
$29.8M
Net assets
$29.2M
Salaries & benefits
$23.6M
31% of expenses
Board members
23
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $74,707,970▼2.5% | $76,741,592▼1.0% | $29,228,124▼4.8% | $59,070,069▼1.6% | 990 |
| 2022 | $76,625,899▼10.3% | $77,525,720▼8.3% | $30,702,480▼5.9% | $60,028,155▼1.2% | 990 |
| 2021 | $85,470,422▲8.2% | $84,563,493▲11.7% | $32,630,687▼3.7% | $60,731,390▼3.6% | 990 |
| 2020 | $78,998,189▲1.7% | $75,722,615▼2.8% | $33,877,109▲19.2% | $62,986,769▲9.6% | 990 |
| 2019 | $77,683,574▲1.7% | $77,936,451▲4.8% | $28,422,238▼0.6% | $57,447,313▼0.1% | 990 |
| 2018 | $76,405,640▲14.8% | $74,357,427▲13.8% | $28,606,169▲1.1% | $57,498,970▲7.3% | 990 |
| 2016 | $66,561,214▲3.7% | $65,312,646▲3.3% | $28,299,769▲6.4% | $53,585,850▼2.0% | 990 |
| 2015 | $64,171,548▲3.7% | $63,204,053▲3.4% | $26,591,556▲3.9% | $54,660,857▲1.5% | 990 |
| 2014 | $61,852,223 | $61,141,451▲18.1% | $25,605,400▲10.0% | $53,858,283▲8.1% | 990 |
| 2012 | — | $51,777,404▲3.2% | $23,270,312▲16.0% | $49,803,805▲10.0% | 990 |
| 2011 | — | $50,162,904▲12.3% | $20,068,657▲11.6% | $45,289,435▼0.3% | 990 |
| 2010 | — | $44,684,682▲5.0% | $17,977,499▲24.3% | $45,429,991▲5.8% | 990 |
| 2009 | — | $42,548,350 | $14,466,078 | $42,931,549 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Matthew Whelan Edd — $203,408 (0.27% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matthew Whelan Edd | Former President | 0 | $203,408 |
| Sharon Reeve | Professor | 40 | $201,988 |
| Sheila O'rourke | Vp, Administration & Operations | 40 | $199,860 |
| Ruth M Debar | Professor | 40 | $183,755 |
| Jason C Vladescu | Clinical Supervisor, Aba (pt) | 40 | $183,723 |
| Tina M Sidener | Professor | 40 | $178,262 |
| Scott Koskoski | Vp, Philanthropy & Engagement | 40 | $177,705 |
| Ellina Chernobilsky | Interim Vp, Academic Affairs | 40 | $162,153 |
| Jeffrey Senese Phd | President, Eff. 7/2023 | 40 | $144,722 |
| Ketan N Gandhi | Vp, Finance, Thru 8/2023 | 40 | $141,087 |
| Jorge L Rodriguez | Vp, Strategic Initatives | 40 | $139,387 |
| Joan H Moriarty | Professor | 40 | $128,800 |
| Jose R Rodriguez | Vp, Student Life & Dean of Students | 40 | $120,989 |
| Brian J Aloia Esq | Chair | 1 | — |
| Carlos Pomares | Trustee | 1 | — |
| Edward R Collins Esq | Trustee | 1 | — |
| Elizabeth Chalas Berman | Trustee | 1 | — |
| Harry C Beatty Esq | Trustee | 1 | — |
| Ivonne Valdes | Trustee | 1 | — |
| James Bernaiche | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Gourmet Dining Services LLC | Food Services | $1,127,263 |
| 3 Enrollment Marketing Inc | Enrollment Marketing Services | $280,417 |
| Jenzabar Inc | Information Technology Services | $278,689 |
| 1800print Mecom LLC | Printing Services | $269,361 |
| Fuscon Enterprise Inc | Construction Services | $262,995 |
Grants received · $1.2M total
47 grants to Caldwell University Inc totaling $1.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Education | 2023 | $63,500 |
| National Collegiate Athletic Association | Grants/scholarships | 2023 | $29,728 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2023 | $20,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,500 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2022 | $135,000 |
| Donor Advised Charitable Giving | Education | 2022 | $121,000 |
| Emory University | Research/subcontract | 2022 | $32,350 |
| National Collegiate Athletic Association | Grants/scholarships | 2022 | $22,660 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $15,500 |
| American Endowment Foundation | Educational | 2022 | $5,000 |
| Donor Advised Charitable Giving | Education | 2021 | $101,500 |
| Goldman Sachs Charitable Gift Fund | Scholarships & financial aid | 2021 | $100,000 |
| National Collegiate Athletic Association | Grants | 2021 | $16,432 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,750 |
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Compare Caldwell University Inc
Frequently asked questions
- Is Caldwell University Inc a legitimate nonprofit?
- Yes. Caldwell University Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-1500483, based in Caldwell, New Jersey. Donations are tax-deductible.
- What is Caldwell University Inc's EIN?
- Caldwell University Inc's Employer Identification Number (EIN) is 22-1500483.
- How much revenue does Caldwell University Inc report?
- Caldwell University Inc reported $74,707,970 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Caldwell University Inc's spending goes to programs?
- Caldwell University Inc spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Caldwell University Inc have?
- CharityIndex grades Caldwell University Inc A, based on program efficiency and fundraising cost.
- How much does Caldwell University Inc's highest-paid employee make?
- The highest reported compensation on Caldwell University Inc's latest Form 990 is $203,408, paid to Matthew Whelan Edd (Former President).
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Data for Caldwell University Inc (EIN 22-1500483) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.