Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “Immaculata university (the university) is a catholic institution of higher education founded for women in 1920 by the sisters, servants of the immaculate heart of mary (the congregation). the university offers undergraduate and graduate programs to men and women directed primarily toward liberal and professional education. the university offers courses in distance and online instruction in addition to on campus and off site graduate and undergraduate programs serving the adult learner. the university is committed to scholarship and encourages the formation of the whole person for leadership and service always looking to the needs of others while empowering all members of the community to seek truth, promote justice, foster peace and engage in dialogue between faith and culture.”.

When talking about its functions, they were outlined as: “The university offers undergraduate and graduate programs directed primarily toward liberal and professional education. please see attachment 1 for further details on the mission.”.

• The legally reported state of operation for the non-profit is PA.
• According to the filing, the non-profit's address in 2020 is 1145 King Rd, Immaculata, PA, 19345.
• The non-profit organization as of 2020 has a total of 1153 employees reported on their form.
• Does not operate a hospital.
• Operates a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is -$2,621,927.
• The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 27 independent voting members.
• The organization was formed in 1946.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization pays $22,523,272 in salary, compensation, and benefits to its employees.
• The organization pays $1,289,830 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization pays grants to individuals.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has fundraising events.
• The organization's financial statements were reviewed by an accountant.