Rivier University

Organization Overview

Rivier University is located in Nashua, NH. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Rivier University employed 803 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Rivier University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Rivier University generated $55.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $49.9m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOUNDED BY THE SISTERS OF THE PRESENTATION OF MARY, RIVIER UNIVERSITY IS A CATHOLIC COEDUCATIONAL INSTITUTION DEDICATED TO TRANSFORMING HEARTS AND MINDS TO SERVE THE WORLD. THE UNIVERSITY IS DEDICATED TO THE EDUCATION OF UNDERGRADUATE,GRADUATE, AND DOCTORAL STUDENTS IN BOTH THE LIBERAL ARTS AND PROFESSIONAL COURSES OF STUDY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INSTRUCTIONAL, ACADEMIC SUPPORT, AND STUDENT SERVICES EXPENSES RELATED TO PROVIDING INSTRUCTIONAL SERVICES FOR 2,742 UNDERGRADUATE, GRADUATE, AND DOCTORAL STUDENTS. INSTRUCTIONAL PROGRAMS RANGE FROM LIBERAL ARTS TO PROFESSIONAL STUDIES. PROGRAMS SUCH AS NURSING AND EDUCATION LEAD TO LICENSURE.


FOR STUDENTS LIVING BEYOND A REASONABLE COMMUTING DISTANCE, OR STUDENTS WITHIN A REASONABLE COMMUTING DISTANCE WHO ELECT TO HAVE AN IN-RESIDENCE EXPERIENCE, THE UNIVERSITY PROVIDED ROOM AND BOARD FOR AN AVERAGE OF 275 STUDENTS DURING FY 2020-21.


EARLY CHILDHOOD CENTER, WHICH FUNCTIONS AS A LABORATORY SCHOOL FOR THE UNIVERSITY'S UNDERGRADUATE AND GRADUATE EDUCATION PROGRAMS, SERVES THE GREATER NASHUA COMMUNITY PROVIDING A SAFE, LEARNING ENVIRONMENT FOR CHILDREN UP TO KINDERGARTEN AGE.


OTHER PROGRAM SERVICES INCLUDE (A) CONFERENCES AND WORKSHOPS, MOST OF WHICH OCCUR DURING THE SUMMER MONTHS, (B)BOOKSTORE SPACE RENTAL, (C)YOUTH SPORTS CAMPS RUN BY THE ATHLETIC DEPARTMENT DURING THE SUMMER, (D) RECOVERY OF ACCOUNTS RECEIVABLE EXPENSED IN PRIOR YEARS (E)STUDENT DORMITORY POLICY VIOLATION FEES, AND (F) STUDENT CLUB DUES AND REVENUES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burke Advertising Llc
Advertising
$318,100
Sodexo Inc & Affiliates
Dining Services
$683,643
Trident Building Llc
Consulting
$171,690
Ssc Service Solutions
Facilities Management Services
$121,472
Ellucian Company Lp
It Services
$1,727,958
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,936
Related organizations$0
Government grants $3,629,078
All other contributions, gifts, grants, and similar amounts not included above$2,634,491
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,303,505
Total Program Service Revenue$44,778,532
Investment income $1,040,133
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$3,519
Net Gain/Loss on Asset Sales $3,116,536
Net Income from Fundraising Events $5,496
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $55,240,683

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Rivier University has recieved totaling $275,739.

Awarding OrganizationAmount
Davis Educational Foundation

Yarmouth, ME

PURPOSE: Teaching, Technology, and Student Engagement

$233,749
Barker Foundation Inc

Nashua, NH

PURPOSE: GENERAL PURPOSE

$17,170
Simpson Ashcroft Trust

Bedford, NH

PURPOSE: ADEKOYA 2021/2022 ACADEMIC YEAR

$4,050
Simpson Ashcroft Trust

Bedford, NH

PURPOSE: GBADAMOSI 2021/2022 ACADEMIC YEAR

$3,650
Omeara Foundation Inc

Wethersfield, CT

PURPOSE: STUDENT SCHOLARSHIP AWARDS

$3,500
Sweetser Foundation Inc

Annapolis, MD

PURPOSE: SWEETSER SCHOLAR

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,959,845
Earnings$8,660,581
Net Contributions$821,723
Grants-$4,254,131
Ending Balance$46,188,018

Peer Organizations

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