Public Charity

SALVE REGINA UNIVERSITY

SALVE REGINA UNIVERSITY is a Public Charity headquartered in NEWPORT, RI. Financial data from the 2025 filing: $159.1M revenue, $145.9M expenses, $278.9M total assets. 92 publicly reported grants to this organization, totaling roughly $3.0M, appear in IRS filings.

EIN: 050259080 NEWPORT, RI Universities NTEE: B43 Latest filing: 2025
Total Revenue$159.1M
Total Expenses$145.9M
Total Assets$278.9M
Grant Records92
Funding Total$3.0M
Filing Years2021–2025

Mission

SALVE REGINA UNIVERSITY, A CATHOLIC INSTITUTION FOUNDED BY THE SISTERS OF MERCY, SEEKS WISDOM AND PROMOTES UNIVERSAL JUSTICE. THE UNIVERSITY, THROUGH TEACHING AND RESEARCH, PREPARES MEN AND WOMEN FOR RESPONSIBLE LIVES BY IMPARTING AND EXPANDING (SEE SCHEDULE O FOR CONTINUATION) KNOWLEDGE, DEVELOPING SKILLS AND CULTIVATING ENDURING VALUES. THROUGH LIBERAL ARTS AND PROFESSIONAL PROGRAMS, STUDENTS DEVELOP THEIR ABILITIES FOR THINKING CLEARLY AND CREATIVELY, ENHANCE THEIR CAPACITY FOR SOUND JUDGEMENT, AND PREPARE FOR THE CHALLENGE OF LEARNING THROUGHOUT THEIR LIVES. IN KEEPING WITH THE TRADITIONS OF THE SISTERS OF MERCY, AND RECOGNIZING THAT ALL PEOPLE ARE STEWARDS OF GOD'S CREATION, THE UNIVERSITY ENCOURAGES STUDENTS TO WORK FOR A WORLD THAT IS HARMONIOUS, JUST AND MERCIFUL.

Where $100 goes at Salve Regina University

How Salve Regina University divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$89 Programs the work itself
$10 Management running the organization
$1 Fundraising raising the next dollar

Inside the $89 for programs

$89
Salve Regina University (the "university"), located in Newport, rhode island, is a catholic university which opened in 1947 and is accredited by the new england commission of higher…
All program spending · Reported in the filing: 2,700 men
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Anne Wallace Juge
TRUSTEE (AS OF 10/1/24) Barbara A Papitto
TRUSTEE Bernard F Mckay
TRUSTEE, CHAIRPERSON Cheryl E Mrozowski
VICE-PROVOST David Altounian
TRUSTEE, VICE CHAIRPERSON David G Bazarsky

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,749,987 44 grants
Education
$786,366 36 grants
Environment & Conservation
$87,500 1 grant
Arts & Culture
$10,000 1 grant
Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $159.1M $145.9M $278.9M
2024 $136.8M $139.4M $223.9M
2023 $136.6M $135.4M $221.9M
2022 $142.5M $128.0M $217.4M
2021 $125.9M $119.6M $216.0M

Between 2021 and 2025, reported annual revenue grew from $125.9M to $159.1M (+26%), with total assets most recently reported at $278.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SALVE REGINA UNIVERSITY

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