Saint Peter's University
Nonprofit profile at a glance
- EIN
- 221508627
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Jersey City, NJ, USA
- Phone
- (201) 761-6122
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- University or Technological Institute
Reported finances
- Revenue
- $125,880,811
- Expenses
- $132,940,377
- Assets
- $179,955,422
- Liabilities
- $95,057,048
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
44 people listed
Executive titles in this filing
- HUBERT BENITEZ DDS PHD (PRESIDENT, TRUSTEE)
- VIRGINIA BENDER PHD (SEC/SPEC ASST TO PRESIDENT)
Highest reported compensation
- BASHIR MASON (MEN'S BASKETBALL COACH): $578,042 total reported compensation
- EUGENE CORNACCHIA PHD (FORMER OFFICER, TRUSTEE TO 6/30/2024): $474,085 total reported compensation
- HUBERT BENITEZ DDS PHD (PRESIDENT, TRUSTEE): $274,960 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The World needs more peacocks
What it reported doing in 2024
Student services - includes enrollment services, registrar, health and counseling programs, financial aid, campus ministry, student clubs and organizations, intercollegiate and intramural sports and activities, and student housing.sponsored programs - includes various private programs for the benefit of the student body, such as academic enrichment, academic chairs, capital campaign, and various endowed scholarships.
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 58% for direct work, and 42% 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: 80
- Transparency & Controls: 92
- Accountability: 88
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.3%; rating input score 87
- Program expense ratio: 81.5%; rating input score 82
- Fundraising efficiency: $8.67 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- 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: Yes; rating input score 100
Accountability
- Independent voting board: 96.3%; rating input score 96; 51st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -5.6%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.53; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 1.7% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 18th percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 87.3% of revenue deployed · 81.5% of spending went to programs
- Governance: 26 of 27 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $108.4M in reported program spending
- Leadership: top reported pay $578K · 44 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $13.3M reported
- Consistency: 40 of 40 current checks pass
- Schedules: 12 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 15 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
- High — Sustainability: Operating margin scored 12/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.