2026-03-11T14:46:57-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 3906 ELECTRIC ROAD ROANOKE VA 24018 990 2024-07-01 231657958 NEUMANN UNIVERSITY NEUM 6105585503 ONE NEUMANN DRIVE ASTON PA 19401 BRUCE CAIRNDUFF VP OF FINANCE AND ADMIN 6105585503 2026-03-11 1 1 MARK WOOLWINE P00647446 5403450936 2026-03-11 2024 2025-03-06 01:10:19Z BRUCE CAIRNDUFF ONE NEUMANN DRIVE ASTON PA 19401 90852401 0 X WWW.NEUMANN.EDU X 1965 PA TO MAINTAIN AND OPERATE A COLLEGE FOR THE LIBERAL EDUCATION OF MEN AND WOMEN. 24 23 885 12 0 0 3403599 4129135 69426365 71558778 3060173 1791427 807929 1653934 76698066 79133274 27618274 29229176 0 0 26561871 26275079 0 0 1778257 25392837 24148268 79572982 79652523 -2874916 -519249 137994949 135113516 56474055 51943050 81520894 83170466 X NEUMANN UNIVERSITY EDUCATES A DIVERSE COMMUNITY OF LEARNERS BASED UPON THE BELIEF THAT KNOWLEDGE IS A GIFT TO BE SHARED IN THE SERVICE OF OTHERS AND THAT LEARNING IS A LIFELONG PROCESS. 0 0 63039507 29229176 72568223 NEUMANN UNIVERSITY IS A PRIVATE, CATHOLIC, FRANCISCAN, CO-EDUCATIONAL UNIVERSITY.FALL ENROLLMENT (FULL TIME AND PART TIME) FOR 2025 WAS 2,174 STUDENTS PURSUING UNDERGRADUATE AND GRADUATE DEGREES. THE UNIVERSITY OFFERS BACHELOR OF ARTS AND BACHELOR OF SCIENCE DEGREES IN A BROAD RANGE OF SUBJECTS. GRADUATE DEGREES INCLUDE THREE DOCTORAL PROGRAMS AND NINE MASTER PROGRAMS. STUDENT ACTIVITIES INCLUDE NUMEROUS CLUB ACTIVITIES, ART, AND MUSICAL GROUPS, AND NINETEEN VARSITY SPORTS AND SIX CLUB TEAMS.(CONTINUED ON SCHEDULE O)FACULTY AND STUDENTS HAVE BEEN RECOGNIZED BY MANY ORGANIZATIONS FOR THEIR RESPECTIVE CONTRIBUTIONS TO ACADEMIC EXCELLENCE AND COMMUNITY SERVICE. DURING THE YEAR ENDED JUNE 30, 2025, THE UNIVERSITY PROVIDED STUDENTS WITH FINANCIAL AID FROM INTERNAL RESOURCES OF APPROXIMATELY $29,228,586 WHICH REPRESENTED ABOUT 48% OF GROSS TUITION AND FEE REVENUE FOR THE YEAR. 63039507 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 91 0 1 885 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ CO KY ME MD MA MI NH NY OH OK OR WA PA SC X BRUCE CAIRNDUFF VP ADMIN & CFO 6105585503 ONE NEUMANN DRIVE ASTON PA 19014 ANTHONY A LATINI JR CFA CHAIR 1.00 X X 0 0 0 JEFF MULLEN VICE CHAIR 1.00 X X 0 0 0 SR ESTHER ANDERSON OSF SECRETARY 1.00 X X 0 0 0 PETER ABESSINIO TRUSTEE 1.00 X 0 0 0 FRANK ALTAMURO III TRUSTEE 1.00 X 0 0 0 TOBBY BOOKER TRUSTEE 1.00 X 0 0 0 REV MSGR FEDERICO BRITTO TRUSTEE 1.00 X 0 0 0 MALIK BROWN TRUSTEE 1.00 X 0 0 0 JAMES DELANEY TRUSTEE 1.00 X 0 0 0 DOMINIC DEMARCO TRUSTEE 1.00 X 0 0 0 JAY DEVINE TRUSTEE 1.00 X 0 0 0 BRIAN DISABATINO TRUSTEE 1.00 X 0 0 0 CHRIS DOMES TRUSTEE 1.00 X 0 0 0 THOMAS M DUGAN TRUSTEE 1.00 X 0 0 0 JOHN C FORD TRUSTEE 1.00 X 0 0 0 SR MAGGIE GANNON OSF TRUSTEE 1.00 X 0 0 0 SR FLORENCE HEE OSF TRUSTEE 1.00 X 0 0 0 SR ELIZABETH HOWE OSF MD FACEP TRUSTEE 1.00 X 0 0 0 PHILIP JAURIGUE TRUSTEE 1.00 X 0 0 0 PIERCE J KEATING TRUSTEE 1.00 X 0 0 0 RICHARD KLINEBURGER III ESQ TRUSTEE 1.00 X 0 0 0 THOMAS P PHIAMBOLIS MD TRUSTEE 1.00 X 0 0 0 MICHELE A SZKOLNICKI RN FACHE CMP TRUSTEE 1.00 X 0 0 0 STEVEN WASHKALAVITCH TRUSTEE 1.00 X 0 0 0 CHRIS DOMES PRESIDENT 40.00 X X 448817 0 58022 FRANCESCA REED VP ENROLLMENT/MARKETING 40.00 X 180449 0 19912 CARRIE SNYDER VP ADVANCEMENT 40.00 X 179624 0 9126 BRUCE CAIRNDUFF CFO/VP ADMIN 40.00 X 245632 0 27724 RICHARD HARTWELL CIO 40.00 X 136007 0 14809 ERIC WELLINGTON PROVOST 40.00 X 175314 0 28498 THERESA PIETSCH DEAN, NURSING 40.00 X 147998 0 22695 CHRISTINA FARRELL AVP ADV OPS 40.00 X 133845 0 26301 AMY HOYLE DEAN, EDU & HS 40.00 X 132929 0 19046 JILLIAN DONNELLY EXEC DIR, ADULT & CONT ED 40.00 X 121822 0 18918 LAURA MCLAUGHLIN PROFESSOR 40.00 X 121479 0 5364 2023916 0 250415 24 0 1 0 SODEXO OPERATIONS LLC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2737096 ARAMARK PO BOX 33170 NEWARK NJ 07188 FACILITY SERVICES & CONSTRUCTION MANAGEM 1450713 SUNSTATES SECURITY LLC 801 CORPORATE CENTER DRIVE RALEIGH NC 27607 CAMPUS SECURITY SERVICES 1416638 ECMB INSURANCE BROKERS 1400 N PROVIDENCE ROAD MEDIA PA 19063 INSURANCE BROKERS AND CONSULTANTS 573912 WEST CORK COMPANY LLC PO BOX 65 CHESTER HEIGHTS PA 19017 STUDENT HOUSING 497144 11 10552 114587 1954715 2049281 65114 4129135 TUITION AND FEES 611310 61211288 61211288 AUILIARY SERVICES 611310 10347490 10347490 71558778 917805 917805 1187925 1130979 56946 56946 56946 10732355 9858733 873622 873622 873622 49505 10552 18591 30914 30914 16798 2443 14355 14355 695546 708381 -12835 -12835 REBATE REVENUE 900099 998645 998645 CHILD DEVELOPMENT CENTER 611310 301299 301299 RESIDENCE REVENUE 531390 152735 152735 111875 10800 101075 1564554 79133274 72568223 0 2435916 X 29229176 29229176 2036137 1706991 329146 19077334 16837335 1479728 760271 806186 609673 148206 48307 2876128 1639996 1135238 100894 1479294 1192711 208516 78067 30424 7884 22463 77 78050 78050 9381387 4170473 5063090 147824 630829 563070 67759 689589 454893 215290 19406 1316457 666242 650215 2474104 1445011 1029051 42 686059 615333 60665 10061 83443 68277 12054 3112 1881201 1732774 148427 3764112 2275029 1355833 133250 608211 989 607222 OTHER 1624476 958368 558685 107423 OTHER EDUCATIONAL 510325 394691 115017 617 ENTERTAINMENT 224511 86085 99875 38551 MEMBERSHIP DUES 165090 91497 72384 1209 79652523 63039507 14834759 1778257 8107 18005 4675773 4784646 1707240 1308823 2444492 2270345 464546 368321 333590 219629 182102271 85997230 98201646 96105041 24703662 25586739 2998341 2754767 211585 211585 2245967 1485615 137994949 135113516 3690830 3144476 462181 438166 36690834 34232969 3000000 3000000 9336301 9086301 3293909 2041138 56474055 51943050 X 61054802 61411717 20466092 21758749 81520894 83170466 137994949 135113516 X -519249 1663526 505295 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24549502 325907 3003770 616566 1815033 25447580 27685564 112020 2868003 664619 5451466 24549502 34345734 525139 3773374 601523 10357160 27685564 42093831 331663 -5814765 559449 705546 35345734 34356239 235181 9022513 546500 973602 42093831 0.26150 0.73850 0 0 16188793 16188793 123050272 46486998 76563274 25963272 23695106 2268166 16899934 15815126 1084808 96105041 STUDENT DEPOSITS AND ADVANCE PAYMENTS 555523 LEASE LIABILITY 1485615 2041138 X 53768092 1663526 -28743215 -27079689 80847781 -1714507 -1714507 79133274 52118520 1714507 1714507 50404013 29248510 29248510 79652523 PART V, LINE 4: ENDOWED FUNDS ARE USED TO PROVIDE SCHOLARSHIPS, OPERATING COSTS AND FUTURE PROJECTS PART X, LINE 2: THE UNIVERSITY FOLLOWS THE FASB GUIDANCE THAT REQUIRES A TAX POSITION TO BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE UNIVERSITY DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE UNIVERSITY'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES -29,229,176. EXTRAORDINARY RECOVERY 505,295. LEGAL FEES RELATED TO EXTRAORDINARY RECOVERY -19,334. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -18,591. GAMING EXPENSE -2,443. BOOKSTORE EXPENSE -708,381. INTEREST INCOME NETTED AGAINST EXPENSES 145,887. RENTAL EXPENSE -1,130,979. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 18,591. GAMING EXPENSE 2,443. BOOKSTORE EXPENSE 708,381. INTEREST INCOME NETTED AGAINST EXPENSES -145,887. RENTAL EXPENSE 1,130,979. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID NETTED AGAINST REVENUES 29,229,176. LEGAL FEES RELATED TO EXTRAORDINARY RECOVERY 19,334. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 RACIALLY NON-DISCRIMINATORY POLICY APPEARS IN ALL ADVERTISEMENTS AND THE STUDENT AFFAIRS HANDBOOK. SCHEDULE E, PART I, LINE 6 NEUMANN UNIVERSITY RECEIVES PENNSYLVANIA HIGHER EDUCATION ASSISTANCE AGENCY (PHEAA) INSTITUTIONAL ASSISTANCE FUNDS AS WELL AS FUNDS FROM THE DEPARTMENT OF EDUCATION AND THE STATE OF DELEWARE FOR FINANCIAL AID TO STUDENTS. 35TH ANNIVERSARY BRENDAN P KELLY SC 60057 10552 49505 650 15220 2721 60057 10552 49505 650 15220 2721 18591 30914 16798 745 1648 50 0 16798 745 1648 50 2443 14355 1 0 0 0 0 0 1 STUDENT AID 1947 29228586 PART I, LINE 2: NEUMANN UNIVERSITY'S PROCESS FOR MONITORING FINANCIAL AID AND MONITORING GRANT FUNDS IS A COMBINATION OF PROCEDURES INVOLVING THE FOLLOWING OFFICES: FINANCIAL AID, INSTITUTIONAL ADVANCEMENT, REGISTRAR, AND THE BUSINESS OFFICE. INSTITUTIONAL ADVANCEMENT AND THE FINANCIAL AID OFFICE AWARD SCHOLARSHIPS AND GRANTS ACCORDING TO THE SPECIFICATIONS/REQUIREMENTS OF THE SPECIFIC AWARD. THE FINANCIAL AID OFFICE, REGISTRAR, AND BUSINESS OFFICE COORDINATE THE AWARDING AND DOCUMENTATION OF FINANCIAL AID TO INCLUDE ELIGIBILITY OF FINANCIAL AID, NOTIFICATION OF STUDENTS, CHANGE OF STATUS, AND RECONCILEMENT OF STUDENT AWARDS. X X X 1 1 X X 0 1 0 0 0 0 0 0 0 CHRIS DOMES PRESIDENT 448817 0 0 0 0 0 43300 0 14722 0 506839 0 0 0 BRUCE CAIRNDUFF CFO/VP ADMIN 245632 0 0 0 0 0 8521 0 19203 0 273356 0 0 0 ERIC WELLINGTON PROVOST 175314 0 0 0 0 0 9295 0 19203 0 203812 0 0 0 FRANCESCA REED VP ENROLLMENT/MARKETING 180449 0 0 0 0 0 9285 0 10627 0 200361 0 0 0 CARRIE SNYDER VP ADVANCEMENT 179624 0 0 0 0 0 9126 0 0 0 188750 0 0 0 THERESA PIETSCH DEAN, NURSING 147998 0 0 0 0 0 7973 0 14722 0 170693 0 0 0 CHRISTINA FARRELL AVP ADV OPS 133845 0 0 0 0 0 7098 0 19203 0 160146 0 0 0 AMY HOYLE DEAN, EDU & HS 132929 0 0 0 0 0 6840 0 12206 0 151975 0 0 0 RICHARD HARTWELL CIO 136007 0 0 0 0 0 7023 0 7786 0 150816 0 0 0 PART I, LINE 1A NEUMANN UNIVERSITY PROVIDES FOR TRAVEL FOR THE PRESIDENT'S WIFE FOR BUSINESS TRIPS WHERE THE PARTICIPATION OF THE SPOUSE IS EXPECTED. PER THE PRESIDENT'S EMPLOYMENT CONTRACT, THE PRESIDENT RECEIVES A HOUSING ALLOWANCE OF $2,000 PER MONTH PART I, LINE 4B DR. CHRIS E. DOMES, PRESIDENT, HAD A CONTRIBUTION INTO HIS 457(B) PLAN IN THE AMOUNT OF $23,500. A DELEWARE COUNTY AUTHORITY 231973437 246008NU6 2016-01-28 18625494 CONSTRUCTION FINANCING & ADVANCED REFUNDING OF 2008 BONDS (SERIES 2016) 0 0 0 B DELEWARE COUNTY AUTHORITY 231973437 246008PQ3 2020-11-12 28965035 REFUND 2010 BOND ISSUE (SERIES 2020) 0 0 0 A 7505494 18625494 16248491 343600 558449 2036402 2016 0 1 1 1 B 8018171 28998171 2612954 213612 26092923 2020 1 0 1 1 A 0 0 1 1 0 0.01000 0.01000 0 0 0 B 0 0 1 1 0 0 0 0 A 0 1 0 0 0 0 1 SALOMON REINVESTMENT 8.000000000000 1 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART II, TOTAL PROCEEDS TOTAL PROCEEDS IN PART II LINE 3 FOR THE 2020 BONDS IS HIGHER THAN ISSUE PRICE REPORTED IN PART I DUE TO INVESTMENT EARNINGS ON RESERVE FUNDS. SCHEDULE K, PART III, LINE 9: THE ORGANIZATION DOES NOT HAVE ANY NONQUALIFIED BONDS. X 3 33581 AVERAGE HIGH/LOW X MISCELLANEOUS 34 27197 DONOR VALUE X EQUIPMENT 5 4336 DONOR VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE UNIVERSITY CONSIST OF THE CONGREGATIONAL MINISTER AND THE COUNCIL OF THE RELIGIOUS CONGREGATION OF THE SISTERS OF SAINT FRANCIS OF PHILADELPHIA. FORM 990, PART VI, SECTION A, LINE 7A THE SISTERS OF SAINT FRANCIS RESERVE THE POWER TO CHOOSE THE PRESIDENT OF THE UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7B THE SISTERS OF SAINT FRANCIS HAVE CERTAIN RESERVE POWER REGARDING DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SHARED WITH THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES. AFTER THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE, A FINAL COPY IS SENT TO EACH MEMBER OF THE BOARD OF TRUSTEES BEFORE THE FORM 990 IS FILED. THE ANNUAL FEDERAL NON-PROFIT TAX RETURN FORM, IRS FORM 990, APPLICABLE TO NEUMANN UNIVERSITY, IS COMPLETED AND SUBMITTED TO THE IRS BY THE NEUMANN UNIVERSITY ADMINISTRATION THROUGH THE OFFICE OF THE VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THE UNIVERSITY PRESIDENT AND GENERAL COUNSEL REVIEW THE SIGNED STATEMENTS AND HANDLE ANY CONFLICTS OF INTEREST. INDIVIDUALS WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT HAS A CONTRACT WITH A TERM OF THREE YEARS. THE PRESIDENT'S COMPENSATION IS REVIEWED BY A SUB-COMMITTEE OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE PROCESS (EVERY THREE YEARS) INCLUDES A REVIEW OF PEER COMPENSATION (COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION (CUPA) - HUMAN RESOURCES SURVEY), THE UNIVERSITY'S MISSION AND VISION, ECONOMIC CLIMATE FOR THE REGION, AND THE ACHIEVEMENT OF GOALS AS CONTAINED IN THE STRATEGIC PLAN. WHEN THIS PROCESS IS COMPLETED, THE PRESIDENT'S COMPENSATION IS DECIDED AND INCLUDED IN THE ANNUAL BUDGET, WHICH IS APPROVED BY THE BOARD OF TRUSTEES. INCREASES IN COMPENSATION ARE CONSISTENT FOR ALL KEY EMPLOYEES AND OFFICERS OF NEUMANN UNIVERSITY AND INCLUDED IN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF TRUSTEES. THE PERCENTAGE INCREASE FOR UNIVERSITY EMPLOYEES IS A COMBINATION OF ECONOMIC CONDITIONS FOR THE REGION AND THE CUPA SURVEY. THIS REVIEW IS DOCUMENTED CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 ACCESS TO THE UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS WILL NOT BE UNREASONABLY WITHHELD. FORM 990, PART IX, LINE 11G AR COLLECTION: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 939,690. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 939,690. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,152,364. MANAGEMENT AND GENERAL EXPENSES 3,464,408. FUNDRAISING EXPENSES 147,824. TOTAL EXPENSES 5,764,596. FOOD: PROGRAM SERVICE EXPENSES 1,941,438. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,941,438. MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 76,671. MANAGEMENT AND GENERAL EXPENSES 658,992. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 735,663. FORM 990, PART XI, LINE 9: EXTRAORDINARY RECOVERY 505,295. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SISTERS OF ST FRANCIS OF PHILADELPHIA 609 S COVENT ROAD ASTON PA 19014 CONGREGATION OF CATHOLIC WOMEN RELIGIOUS PA 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0