Dominican University New York

Nonprofit profile at a glance

EIN
131967322
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2023
Location
Orangeburg, NY, USA
Phone
8458487814
Rating
84
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$60,343,597
Expenses
$60,804,337
Assets
$72,566,808
Liabilities
$39,472,601

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • DR MANUEL MARTINEZ (PRESIDENT (AS OF 07/24))
  • MARY HUGHES OP (INTERIM PRESIDENT (THRU 07/24))
  • RUSSELL DIAZ (EXECUTIVE DIRECTOR OF IT)

Highest reported compensation

  • DR MANUEL MARTINEZ (PRESIDENT (AS OF 07/24)): $259,784 total reported compensation
  • JOHN BURKE (VP FOR STUDENT AFFAIRS): $200,260 total reported compensation
  • JOSEPH VALENTI (VP INSTITUTIONAL ADVANCEMENT): $189,783 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See schedule o.

What it reported doing in 2024

See schedule o. Dominican university New York was founded in 1952 by the sisters of st. Dominic of blauvelt and continues to serve approximately 1,400 students as a private, coeducational institution, proud of its dominican and catholic tradition. The university is committed to maintaining its value-centered, student-oriented focus. With a student/faculty ratio of 14 to 1, each person receives the assistance and challenge she or he needs to realize personal aspirations and to become a contributing citizen. The university is a liberal arts institution which provides professional programs in teacher education, social work, business administration and the health care professions of nursing and occupational and physical therapy. Over thirty programs, many of which are nationally accredited, are offered on the undergraduate and master's level. The 16,000 members of our alumni make a significant difference in the hospitals, schools and businesses where they serve. Dominican university New York is an academic community committed to fostering the values of excellence, leadership and service in its curricular and extra-curricular programs. A member of ncaa, division ii, the athletic department sponsors nineteen competitive sports during the fall and spring semesters. The student body is richly diverse and is composed of traditional and non-traditional aged students who commute or reside on campus. Special programs exist for adult learners who work full time while attending accelerated programs in the evening or on weekends.

Operating model

Revenue model
Earned-program. 89% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 83
  • Accountability: 98
  • Sustainability: 34
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.5%; rating input score 89
  • Program expense ratio: 87.5%; rating input score 88
  • Fundraising efficiency: $5.16 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 97%; rating input score 97; 52nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.8%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 1.19; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.54; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 13th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 13th percentile among comparable filings
  • Asset growth: 1% per year; rating input score 100; 10th percentile among comparable filings

Details

  • Where the money goes: 88.5% of revenue deployed · 87.5% of spending went to programs
  • Governance: 32 of 33 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $53.2M in reported program spending
  • Leadership: top reported pay $260K · 41 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $7.1M reported
  • Consistency: 38 of 38 current checks pass
  • Schedules: 10 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 22/100.
  • High — Sustainability: Operating margin scored 23/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.