Seton Hall University
- Assets
- $814.6m
- Revenue
- $456.5m
- Investments
- $191.4m
- Employees
- 4,384
- Location
- South Orange, NJ
- Founding
- 03/1946
- Data as of
- 06/2020
- EIN
- 22-1500645
Seton Hall University Overview
Seton Hall University is located in South Orange, NJ. 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 06/2020, Seton Hall University employed 4,384 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 06/2020, Seton Hall University generated $456.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $468.7m during the year ending 06/2020. While expenses have increased by 3.2% per year over the past 5 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.
Since 2015, Seton Hall University has awarded 36 individual grants totaling $3,701,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SETON HALL UNIVERSITY IS A CATHOLIC INSTITUTION OF HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL - SETON HALL UNIVERSITY OPERATES TO PROVIDE BACCALAUREATE, MASTERS, AND DOCTORAL DEGREES. DAY AND EVENING SESSIONS ACCOMMODATE BOTH COMMUTER AND RESIDENTIAL STUDENTS ON A PART-TIME AND FULL TIME BASIS.
ACADEMIC SUPPORT AND STUDENT SERVICES - ACADEMIC SUPPORT PROVIDES SUPPORT SERVICES, SUCH AS LIBRARIES, ACADEMIC TECHNOLOGY, FACULTY CURRICULUM DEVELOPMENT, FOR ITS PRIMARY MISSIONS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE. STUDENT SERVICES PROVIDE VARIOUS SERVICES TO STUDENTS, SUCH AS COUNSELING, CAREER GUIDANCE, FINANCIAL AID, STUDENT RECORDS, HEALTH SERVICES AND TRANSPORTATION, WHICH CONTRIBUTE TO THE STUDENTS' EMOTIONAL AND PHYSICAL WELL-BEING AND TO THEIR INTELLECTUAL, CULTURAL AND SOCIAL DEVELOPMENT OUTSIDE THE CONTEXT OF THE UNIVERSITY'S FORMAL INSTRUCTIONAL PROGRAMS.
RESEARCH, TRAINING & PUBLIC SERVICES - ENABLES FACULTY TO EXPLORE NEW AREAS OF EDUCATION, LEARNING AND KNOWLEDGE AND PROVIDES NON-INSTRUCTIONAL SERVICES TO INDIVIDUALS AND GROUPS EXTERNAL TO THE UNIVERSITY. THE UNIVERSITY ALSO OFFERS FINANCIAL SUPPORT TO STUDENTS THROUGH ACADEMIC SCHOLARSHIPS AND WORK-STUDY PROGRAMS, WHICH ARE FUNDED BY FEDERAL, STATE AND PRIVATE GRANTS.
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Seton Hall University Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Willard Head Coach Men's Basketball | 60 | $2,234,915 | |
Catherine A Kiernan JD V.p.& Gen. Counsel Thru 12/19 | Officer | 45 | $2,008,897 |
Joseph E Nyre PHD President/ceo/regent/trustee | OfficerTrustee | 60 | $923,332 |
Patrick G Lyons MBA Evp Operations/chief Of Staff | Officer | 60 | $669,969 |
Mary J Meehan PHD Interim Pres./regent/trustee | OfficerTrustee | 45 | $652,973 |
Karen E Boroff PHD Interim Provost Thru 6/2020 | Officer | 45 | $411,930 |
Seton Hall University Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gourmet Dining Llc Food Services | 6/29/20 | $11,931,839 |
Sordoni Construction Co General Contracting | 6/29/20 | $4,313,335 |
Atalian Global Services Housekeeping | 6/29/20 | $4,268,161 |
Jr Prisco Inc General Construction | 6/29/20 | $3,353,964 |
Aspire Technology Partners Business Consultant | 6/29/20 | $1,832,255 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $357,000 |
| Related organizations | $0 |
| Government grants | $31,369,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,787,000 |
| Noncash contributions included in lines 1a–1f | $2,385,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,513,000 |
| Total Program Service Revenue | $391,164,000 |
| Investment income | $2,036,000 |
| Tax Exempt Bond Proceeds | $34,000 |
| Royalties | $202,000 |
| Net Rental Income | $254,000 |
| Net Gain/Loss on Asset Sales | $3,732,000 |
| Net Income from Fundraising Events | -$46,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $456,494,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $782,000 |
| Grants and other assistance to domestic individuals. | $157,950,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,143,000 |
| Compensation of current officers, directors, key employees. | $3,643,000 |
| Compensation to disqualified persons | $671,000 |
| Other salaries and wages | $133,495,000 |
| Pension plan accruals and contributions | $7,968,000 |
| Other employee benefits | $30,359,000 |
| Payroll taxes | $9,252,000 |
| Fees for services: Management | $218,000 |
| Fees for services: Legal | $1,953,000 |
| Fees for services: Accounting | $283,000 |
| Fees for services: Lobbying | $219,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,729,000 |
| Fees for services: Other | $24,875,000 |
| Advertising and promotion | $2,305,000 |
| Office expenses | $7,048,000 |
| Information technology | $7,851,000 |
| Royalties | $0 |
| Occupancy | $11,371,000 |
| Travel | $7,042,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,747,000 |
| Interest | $7,848,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,648,000 |
| Insurance | $2,627,000 |
| All other expenses | $0 |
| Total functional expenses | $468,697,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,725,000 |
| Savings and temporary cash investments | $27,653,000 |
| Pledges and grants receivable | $11,095,000 |
| Accounts receivable, net | $6,141,000 |
| Loans from Officers, Directors, or Controlling Persons | $2,894,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $6,966,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,406,000 |
| Net Land, buildings, and equipment | $327,979,000 |
| Investments—publicly traded securities | $92,145,000 |
| Investments—other securities | $191,414,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,142,000 |
| Total assets | $814,560,000 |
| Accounts payable and accrued expenses | $45,605,000 |
| Grants payable | $0 |
| Deferred revenue | $11,862,000 |
| Tax-exempt bond liabilities | $279,329,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $39,736,000 |
| Total liabilities | $376,532,000 |
| Net assets without donor restrictions | $234,337,000 |
| Net assets with donor restrictions | $203,691,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $814,560,000 |
Seton Hall University Grants Awarded
Over the last fiscal year, Seton Hall University has awarded $777,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
TOWNSHIP OF SOUTH ORANGE VILLAGE PURPOSE: General Purpose | $515,000 |
TOWNSHIP OF NUTLEY NJ PURPOSE: General Purpose | $220,000 |
South Orange, NJ PURPOSE: General Purpose | $19,000 |
Mendota Heights, MN PURPOSE: General Purpose | $16,000 |
Chesapeake, VA PURPOSE: General Purpose | $7,000 |
Seton Hall University Grants Recieved
Over the last fiscal year, we have identified 33 grants that Seton Hall University has recieved totaling $1,282,332.
| Awarding Organization | Amount |
|---|---|
Lavelle Fund For The Blind Inc New York, NY PURPOSE: BROTHER KEARNEY SCHOLARSHIP PROGRAM, PHASE 3, JULY 2014 - JUNE 2019 | $476,721 |
Lavelle Fund For The Blind Inc New York, NY PURPOSE: BROTHER KEARNEY SCHOLARSHIP PROGRAM, PHASE 4, JULY 2019 - JUNE 2024 | $408,105 |
Buccino Foundation Naples, FL PURPOSE: UNRESTRICTED GENERAL OPERATING SUPPORT | $103,010 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $77,099 |
Salgo-Noren Foundation Inc Wichita, KS PURPOSE: SCHOLARSHIP FUND FOR EDUCATIONAL ORGANIZATION | $60,000 |
Lavelle Fund For The Blind Inc New York, NY PURPOSE: SCHOLARSHIP | $36,181 |
Endowment Analysis
| Beg. Balance | $269,162,000 |
| Earnings | $14,028,000 |
| Admin Expense | $5,436,000 |
| Net Contributions | $3,586,000 |
| Other Expense | $8,173,000 |
| Grants | $3,167,000 |
| Ending Balance | $270,000,000 |
Seton Hall University Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fordham University Bronx, NY | $2,146,125,008 | $936,054,028 |
Rochester Institute Of Technology Rochester, NY | $2,165,976,339 | $849,584,640 |
St Johns University New York Jamaica, NY | $1,490,909,375 | $810,687,746 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Villanova University Villanova, PA | $1,878,489,443 | $644,725,997 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,235,224,804 | $592,927,157 |
Rockefeller University New York, NY | $3,879,645,094 | $455,447,251 |
Lehigh University Bethlehem, PA | $2,533,120,795 | $506,773,429 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $814,560,000 | $456,494,000 |
Duquesne University Of The Holy Spirit Pittsburgh, PA | $869,263,663 | $434,180,406 |