University of New Brunswick
501(c)(3)
80% goes to programs $2 to raise $100 Strong reserves
University of New Brunswick is a 501(c)(3) organization, registered in 1958, with $321,501,621 in FY2024 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
Fredericton New Brunswick E3b5a3, Canada, 00000 EIN 23-7103810 Since 1958
Revenue (FY2024)
$321.5M
▲ 10.5% vs prior year
Expenses (FY2024)
$290.9M
Net assets
$382.2M
Employees
0
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 rating80% to programs · $2 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 University of New Brunswick: 80% to programs · $2 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating16 mo reserves · +10% 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 University of New Brunswick: 16 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 University of New Brunswick: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 University of New Brunswick: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To inspire and educate our people to become problem solvers and leaders in the world undertake research that addresses societal and scientific challenges and engage with our partners to build a more just sustainable and inclusive world.
What they do
Operational costs associated with unb libraries
Ancillary enterprises bookstore arena student residences conference centre
Trust capital and operating functions computing plant operations student services
Contact & location
- Address
- Fredericton New Brunswick E3b5a3, Canada, 00000
- City
- —
- State
- —
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
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Financial trends
Revenue grew from $290.5M (FY2020) to $321.5M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $354.2MNet assets $382.2M
Operating margin
9.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$736.4M
Total liabilities
$354.2M
Net assets
$382.2M
Salaries & benefits
$185.5M
64% of expenses
Board members
34
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $321,501,621▲10.5% | $290,857,882▲0.5% | $382,187,064▲6.9% | $736,364,332▲4.1% | 990 |
| 2023 | $291,049,655▲5.6% | $289,322,721▲8.6% | $357,477,769▲11.6% | $707,271,138▲3.6% | 990 |
| 2022 | $275,522,543▼5.0% | $266,345,970▲0.6% | $320,371,346▲5.7% | $682,835,210▼3.1% | 990 |
| 2021 | $290,128,782▼0.1% | $264,771,583▲12.9% | $303,198,919▼47.3% | $704,415,307▲2.9% | 990 |
| 2020 | $290,461,404 | $234,574,685 | $575,708,071 | $684,771,582 | 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 (FY2024)
Highest-paid: Paul Mazerolle — $372,852 (0.13% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul Mazerolle | President | 36.25 | $372,852 |
| Jennifer Russell | Executive Director | 36.25 | $232,921 |
| Petra Hauf | Provost and Vice Presodent Academic | 36.25 | $229,154 |
| Andrew Mcallister | Professor | 36.25 | $215,893 |
| Caroline Purdy | Professor | 36.25 | $210,754 |
| William Best | Vice President Administration and Finance | 36.25 | $207,135 |
| David Magee | Vice President Research | 36.25 | $205,412 |
| Kathy Wilson | Vice Provost Learning and Student Experience | 36.25 | $190,241 |
| Stephen Grant | Professor | 36.25 | $177,876 |
| Yuri Yevdokimov | Professor | 36.25 | $174,879 |
| Michel Rod | Vice Provost Strategic Enrolment | 36.25 | $171,124 |
| Van Lantz | Vice Provost Academic Administration | 36.25 | $171,052 |
| Timothy Alderson | Professor | 36.25 | $157,237 |
| Constantine Passaris | Professor | 36.25 | $156,107 |
| George Maclean | Professor | 36.25 | $139,312 |
| Alexandra Ferris | Associate Vice President Finance and Comptroller | 36.25 | $124,350 |
| John Neville | Associate Professor | 36.25 | $122,767 |
| R C Hamilton | Vice-president Advancement | 36.25 | $119,971 |
| Brian Lowry | Associate Professor | 36.25 | $119,235 |
| Kelly Scott-storey | Associate Professor | 36.25 | $117,762 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Scotiabank Commericial Card Services | Banking Services | $13,250,192 |
| Pomerleau Inc | Building Construction | $8,757,763 |
| Medavie Blue Cross | Employee Benefits | $6,391,988 |
| Compass Group Canada Ltd | Catering and Food Services | $6,165,374 |
| Ellisdon Group of Companies | Building Construction | $6,161,278 |
Grants received · $65K total
1 grant to University of New Brunswick totaling $65K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | General operating support | 2021 | $65,000 |
Frequently asked questions
- Is University of New Brunswick a legitimate nonprofit?
- Yes. University of New Brunswick is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7103810.
- What is University of New Brunswick's EIN?
- University of New Brunswick's Employer Identification Number (EIN) is 23-7103810.
- How much revenue does University of New Brunswick report?
- University of New Brunswick reported $321,501,621 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University of New Brunswick's spending goes to programs?
- University of New Brunswick spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of New Brunswick have?
- CharityIndex grades University of New Brunswick A, based on program efficiency and fundraising cost.
- How much does University of New Brunswick's highest-paid employee make?
- The highest reported compensation on University of New Brunswick's latest Form 990 is $372,852, paid to Paul Mazerolle (President).
Explore more
Data for University of New Brunswick (EIN 23-7103810) 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.