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Nonprofit · EIN 41-0693970

UNIVERSITY OF ST THOMAS

Also known as Delta Sigma Pi - Nu Tau

Tax-exempt · ST PAUL, MN 55105

Financials

$537.1M$469.1M2022$513.6M$502M2023$602.6M$548.1M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF ST THOMAS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$602,630,236$548,068,300$54,561,936$2,045,501,747$566,886,131$1,478,615,616
June 30, 2024990$513,572,567$502,030,131$11,542,436$1,946,357,939$571,548,939$1,374,809,000
June 30, 2023990$537,075,956$469,090,264$67,985,692$1,754,407,977$431,894,172$1,322,513,805
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$121,237,417
of which government grants
$18,703,982
Program service revenue
$428,412,468
Investment income
$31,128,287
Royalties
$321,179
Net gain from sales of assets
$11,599,219
Net income from fundraising events
-$137,790
Net income from sales of inventory
$11,899,149
Tax-exempt bond proceeds
$9,035,228
Other revenue
$21,852,064

Expenses

Grants and similar amounts paid
$216,515,559
Compensation of officers, directors and key employees
$4,094,061
Other salaries and wages
$160,147,084
Salaries, compensation and benefits (total)
$216,145,507
Professional fundraising fees
$101,250
Legal fees
$479,915
Accounting fees
$319,191
Occupancy
$11,985,343
Travel
$10,467,247
Depreciation
$21,719,869
Program services (functional)
$499,426,447
Management and general (functional)
$36,509,530
Fundraising (functional)
$12,132,323

Balance sheet and other

Total assets, start of year
$1,946,357,939
Total assets, end of year
$2,045,501,747
Total liabilities, end of year
$566,886,131
Net assets, end of year
$1,478,615,616
Land, buildings and equipment
$605,503,370
Publicly traded securities
$729,606,524
Net assets without donor restrictions
$582,124,298
Net assets with donor restrictions
$896,491,318
Gross unrelated business income
$574,822
Gross receipts
$928,199,530
Employees
5,342
Volunteers
10,298
Year formed
1894
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Robert VischerPRESIDENT
Trustee or director, Officer
40$730,449$90,825
Sonali DalalVICE PRESIDENT AND CHIEF INVESTMENT OFFICER
Key employee
40$687,667$46,837
Eddy RojasEVP & PROVOST
Key employee
40$499,988$59,019
Phillip EstenVICE PRESIDENT AND DIRECTOR OF ATHLETICS
Key employee
40$445,869$67,449
Erik ThurmanVP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY ADVANCEMENT
Key employee
40$433,840$66,890
MayKao HangDEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEGE OF HEALTH
Highest-paid employee
40$440,355$32,567
Glenn CarusoFOOTBALL COACH
Highest-paid employee
40$380,973$67,569
Michael PaulsenLAW PROFESSOR
Highest-paid employee
40$377,386$59,394
James BrummerVice President for Facilities Management
Highest-paid employee
40$376,261$55,341
Laura DunhamDEAN OPUS COLLEGE OF BUSINESS
Highest-paid employee
40$356,330$65,561
Mark VangsgardCFO
Officer
40$328,370$57,544
Abigail CrouseGENERAL COUNSEL AND SECRETARY
Officer
40$272,484$26,233
Kathleen ArnoldVICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER
Key employee
40$206,998$23,434
Father Dennis DeasePRESIDENT EMERITUS/TRUSTEE
Trustee or director
40$37,828$12,339
James KolarBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
36 more people on this return
NameTitleHours / weekCompensation
Jodee KozlakBOARD CHAIR
Trustee or director, Officer
1$0
Phil SoranBOARD VICE CHAIR
Trustee or director, Officer
1$0
Andrew CecereTRUSTEE
Trustee or director
1$0
Andrew DuffTRUSTEE
Trustee or director
1$0
Ann WinbladTRUSTEE
Trustee or director
1$0
Anne Sempowski WardTRUSTEE
Trustee or director
1$0
Archie BlackTRUSTEE
Trustee or director
1$0
Ashley Bailey-ChangTRUSTEE
Trustee or director
1$0
Brian WengerTRUSTEE
Trustee or director
1$0
Carol Frey WolfeTRUSTEE
Trustee or director
1$0
David JohnTRUSTEE
Trustee or director
1$0
David JuranTRUSTEE
Trustee or director
1$0
Debbra SchonemanTRUSTEE
Trustee or director
1$0
Doctor Amy GoldmanTRUSTEE
Trustee or director
1$0
Doctor John MorrisonTRUSTEE
Trustee or director
1$0
Geoffrey GageTRUSTEE
Trustee or director
1$0
James GearenTRUSTEE
Trustee or director
1$0
John AllenTRUSTEE
Trustee or director
1$0
Katharine Anderson GroetheTRUSTEE
Trustee or director
1$0
Kathlene CampbellTRUSTEE
Trustee or director
1$0
Lisa AndersonTRUSTEE
Trustee or director
1$0
Mark DienhartTRUSTEE
Trustee or director
1$0
Mark ZesbaughTRUSTEE
Trustee or director
1$0
Mary HaddadTRUSTEE
Trustee or director
1$0
Michael CiresiTRUSTEE
Trustee or director
1$0
Michael DoughertyTRUSTEE
Trustee or director
1$0
Patrick RyanTRUSTEE
Trustee or director
1$0
Paul KaronTRUSTEE
Trustee or director
1$0
Reverend Edward MalloyTRUSTEE
Trustee or director
1$0
Reverend John MaloneTRUSTEE
Trustee or director
1$0
Rob KellyTRUSTEE
Trustee or director
1$0
Rory O'NeillTRUSTEE
Trustee or director
1$0
Stephen NachtsheimTRUSTEE
Trustee or director
1$0
Timothy FlynnTRUSTEE
Trustee or director
1$0
Wilhelmina WrightTRUSTEE
Trustee or director
1$0
William LentschTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 52 people
NameTitleHours / weekCompensationOther / benefits
Robert VischerPRESIDENT
Trustee or director, Officer
40$665,993$87,774
Sonali DalalVICE PRESIDENT AND CHIEF INVESTMENT OFFICER
Key employee
40$699,965$27,639
Phillip EstenVICE PRESIDENT AND DIRECTOR OF ATHLETICS
Key employee
40$488,160$64,899
Eddy RojasEVP & PROVOST
Key employee
40$473,156$63,765
Erik ThurmanVP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY ADVANCEMENT
Key employee
40$427,252$63,477
MayKao HangDEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEGE OF HEALTH
Highest-paid employee
40$417,398$63,427
Glenn CarusoFOOTBALL COACH
Highest-paid employee
40$378,983$65,018
Michael PaulsenLAW PROFESSOR
Highest-paid employee
40$369,347$58,125
Laura DunhamDEAN OPUS COLLEGE OF BUSINESS
Highest-paid employee
40$346,642$65,746
David DeedsPROFESSOR OF ENTREPENEURSHIP
Highest-paid employee
40$333,074$53,257
Mark VangsgardCFO
Officer
40$323,609$56,131
Kathleen ArnoldVICE PRESIDENT AND CHIEF HUMAN RESOURCES OFFICER
Key employee
40$251,142$49,514
Abigail CrouseGENERAL COUNSEL AND SECRETARY
Officer
40$252,339$24,962
Father Dennis DeasePRESIDENT EMERITUS/TRUSTEE
Trustee or director
40$86,078$24,656
James KolarBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
Jodee KozlakBOARD CHAIR
Trustee or director, Officer
1$0$0
Phil SoranBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
Andrew CecereTRUSTEE
Trustee or director
1$0$0
Andrew DuffTRUSTEE
Trustee or director
1$0$0
Ann WinbladTRUSTEE
Trustee or director
1$0$0
Anne Sempowski WardTRUSTEE
Trustee or director
1$0$0
Archie BlackTRUSTEE
Trustee or director
1$0$0
Ashley Bailey-ChangTRUSTEE
Trustee or director
1$0$0
Brian WengerTRUSTEE
Trustee or director
1$0$0
Carol Frey WolfeTRUSTEE
Trustee or director
1$0$0
David JohnTRUSTEE
Trustee or director
1$0$0
David JuranTRUSTEE
Trustee or director
1$0$0
Debbra SchonemanTRUSTEE
Trustee or director
1$0$0
Doctor Amy GoldmanTRUSTEE
Trustee or director
1$0$0
Doctor John MorrisonTRUSTEE
Trustee or director
1$0$0
Geoffrey GageTRUSTEE
Trustee or director
1$0$0
James GearenTRUSTEE
Trustee or director
1$0$0
John AllenTRUSTEE
Trustee or director
1$0$0
Katharine Anderson GroetheTRUSTEE
Trustee or director
1$0$0
Kathlene CampbellTRUSTEE
Trustee or director
1$0$0
Lisa AndersonTRUSTEE
Trustee or director
1$0$0
Mark DienhartTRUSTEE
Trustee or director
1$0$0
Mark ZesbaughTRUSTEE
Trustee or director
1$0$0
Mary HaddadTRUSTEE
Trustee or director
1$0$0
Michael CiresiTRUSTEE
Trustee or director
1$0$0
Michael DoughertyTRUSTEE
Trustee or director
1$0$0
Patrick RyanTRUSTEE
Trustee or director
1$0$0
Paul KaronTRUSTEE
Trustee or director
1$0$0
Reverend Edward MalloyTRUSTEE
Trustee or director
1$0$0
Reverend John MaloneTRUSTEE
Trustee or director
1$0$0
Rob KellyTRUSTEE
Trustee or director
1$0$0
Rory O'NeillTRUSTEE
Trustee or director
1$0$0
Stephen NachtsheimTRUSTEE
Trustee or director
1$0$0
Timothy FlynnTRUSTEE
Trustee or director
1$0$0
Virginia Hubbard MORRISTRUSTEE
Trustee or director
1$0$0
Wilhelmina WrightTRUSTEE
Trustee or director
1$0$0
William LentschTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 53 people
NameTitleHours / weekCompensationOther / benefits
JULIE SULLIVANPRESIDENT - FORMER
Former
0$525,628$120,984
ROBERT VISCHERPRESIDENT
Trustee or director, Officer
40$505,366$65,272
MAYKAO HANGDEAN AND FOUNDING MEMBER OF MORRISON FAMILY COLLEGE OFHEALTH
Key employee
40$484,053$71,265
EDDY ROJASEVP & PROVOST
Key employee
40$453,701$62,955
PHIL ESTENVICE PRESIDENT AND DIRECTOR OF ATHLETICS
Key employee
40$427,972$66,290
STEFANIE LENWAYDEAN, OPUS COLLEGE OF BUSINESS
Highest-paid employee
40$420,512$40,092
ERIK THURMANVP FOR DEVELOPMENT, ALUMNI RELATIONS & UNIVERSITY ADVANCEMENT
Key employee
40$390,820$67,782
MICHAEL PAULSENLAW PROFESSOR
Highest-paid employee
40$359,400$69,916
DAVID DEEDSPROFESSOR OF ENTREPRENEURSHIP
Highest-paid employee
40$331,858$57,652
MARK VANGSGARDCFO
Officer
40$319,757$59,841
SARAH GROSS METHNERGENERAL COUNSEL AND SECRETARY - FORMER
Former
0$343,362$30,621
DONALD WEINKAUFDEAN, SCHOOL OF ENGINEERING
Highest-paid employee
40$280,695$61,491
SAMEER KUMARPROFESSOR OPUS COLLEGE OF BUSINESS
Highest-paid employee
40$281,501$52,165
YOHURU WILLIAMSDIRECTOR OF THE RACIAL JUSTICE INITIATIVE
Key employee
40$258,988$65,080
KATHLEEN ARNOLDVP CHIEF HR OFFICER
Key employee
40$255,662$49,070
KAREN LANGEVP STUDENT AFFAIRS
Key employee
40$240,977$25,452
ABIGAIL CROUSEGENERAL COUNSEL AND SECRETARY
Officer
40$216,655$23,708
AMY MCDONOUGHCHIEF OF STAFF
Key employee
40$186,453$45,088
DENNIS DEASEPRESIDENT EMERITUS/TRUSTEE
Trustee or director
40$102,952$24,600
AMY GOLDMANBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
PATRICK G RYANBOARD CHAIR
Trustee or director, Officer
1$0$0
ANDREW CECERETRUSTEE
Trustee or director
1$0$0
ANDREW S DUFFTRUSTEE
Trustee or director
1$0$0
ANN L WINBLADTRUSTEE
Trustee or director
1$0$0
ARCHIE BLACKTRUSTEE
Trustee or director
1$0$0
BRIAN D WENGERTRUSTEE
Trustee or director
1$0$0
CAROL FREY WOLFETRUSTEE
Trustee or director
1$0$0
DAVID JURANTRUSTEE
Trustee or director
1$0$0
DEBBRA SCHONEMANTRUSTEE
Trustee or director
1$0$0
GEOFFREY C GAGETRUSTEE
Trustee or director
1$0$0
JAMES KOLARTRUSTEE
Trustee or director
1$0$0
JAMES P GEARENTRUSTEE
Trustee or director
1$0$0
JODEE A KOZLAKTRUSTEE
Trustee or director
1$0$0
JOHN MORRISONTRUSTEE
Trustee or director
1$0$0
JOHN N ALLENTRUSTEE
Trustee or director
1$0$0
KATHARINE ANDERSON GROETHETRUSTEE
Trustee or director
1$0$0
LISA S ANDERSONTRUSTEE
Trustee or director
1$0$0
MARK A ZESBAUGHTRUSTEE
Trustee or director
1$0$0
MARK GREGGTrustee
Trustee or director
1$0$0
MARY HADDADTRUSTEE
Trustee or director
1$0$0
MICHAEL E DOUGHERTYTRUSTEE
Trustee or director
1$0$0
MICHAEL V CIRESITRUSTEE
Trustee or director
1$0$0
NANCY PETERSONTRUSTEE
Trustee or director
1$0$0
PAUL KARONTRUSTEE
Trustee or director
1$0$0
PENNY WHEELERTRUSTEE
Trustee or director
1$0$0
PHIL SORANTRUSTEE
Trustee or director
1$0$0
REVEREND EDWARD MALLOY CSCTRUSTEE
Trustee or director
1$0$0
REVEREND JOHN M MALONETRUSTEE
Trustee or director
1$0$0
RORY O'NEILLTRUSTEE
Trustee or director
1$0$0
STEPHEN P NACHTSHEIMTRUSTEE
Trustee or director
1$0$0
TIMOTHY P FLYNNTRUSTEE
Trustee or director
1$0$0
VIRGINIA A HUBBARD MORRISTRUSTEE
Trustee or director
1$0$0
WILHELMINA WRIGHTTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2115 SUMMIT AVENUE, ST PAUL, MN 55105-1078
In care of
% PAYROLL
Mailing address (990-N for 2009)
2115 Summit Ave, Mailbox 5927, Saint Paul MN 55105
Principal officer (990 for 2024)
Robert Vischer, 2115 Summit Avenue, St Paul, MN 551051078
Principal officer (990-N for 2009)
University of St Thomas, 2115 Summit Ave, Saint Paul MN 55105
Signed the 990
Mark Vangsgard, CFO
Phone
(651) 962-5000
Return prepared by
CROWE LLP

Mission

INSPIRED BY CATHOLIC INTELLECTUAL TRADITION, THE UNIVERSITY OF ST. THOMAS EDUCATES STUDENTS TO BE MORALLY RESPONSIBLE LEADERS WHO THINK CRITICALLY, ACT WISELY, AND WORK SKILLFULLY TO ADVANCE THE COMMON GOOD. FOUNDED IN 1885, THE UNIVERSITY OF ST. THOMAS IS A CATHOLIC UNIVERSITY BASED IN THE TWIN CITIES OF ST. PAUL AND MINNEAPOLIS. THE LARGEST PRIVATE UNIVERSITY IN MINNESOTA, ST. THOMAS OFFERS BACHELOR'S DEGREES IN OVER 100 MAJOR FIELDS OF STUDY AND MORE THAN 60 GRADUATE DEGREE PROGRAMS INCLUDING MASTER'S, EDUCATION SPECIALIST, JURIS DOCTOR, AND DOCTORATES. THE UNIVERSITY OF ST. THOMAS IS KNOWN NATIONALLY FOR ACADEMIC EXCELLENCE THAT PREPARES STUDENTS FOR THE COMPLEXITIES OF THE CONTEMPORARY WORLD. THROUGH DISCIPLINARY AND INTERDISCIPLINARY INQUIRY AND DEEP INTERCULTURAL UNDERSTANDING, WE INSPIRE STUDENTS TO LEAD, WORK, AND SERVE WITH THE SKILL AND EMPATHY VITAL TO CREATING A BETTER WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • INSTRUCTION & RESEARCH: DURING THE YEAR, 9,876 STUDENTS WERE ENROLLED AT THE UNIVERSITY OF ST. THOMAS PURSUING ASSOCIATE, UNDERGRADUATE, GRADUATE, DOCTORAL, AND LAW DEGREES
    Expenses $362,978,285 · grants $216,515,559 · revenue $401,558,943
  • STUDENT SERVICES: SERVICES PROVIDED TO STUDENTS INCLUDING ENROLLMENT SERVICES, DEAN OF STUDENTS, REGISTRAR, ATHLETICS, CAREER DEVELOPMENT, PERSONAL COUNSELING, INTERNATIONAL STUDENTS SERVICES, STUDENT CLUBS AND ORGANIZATIONS, AND STUDENT HEALTH SERVICES.
    Expenses $62,214,754 · revenue $3,354,183
  • AUXILIARY SERVICES: PROVIDED SERVICES TO THE UNIVERSITY COMMUNITY, INCLUDING FOOD SERVICES, HOUSING, BOOKSTORES, AND CONFERENCE SERVICES.
    Expenses $48,443,799 · revenue $39,262,182
  • OTHER PROGRAM SERVICES: ACADEMIC SUPPORT PROVIDED TO THE UNIVERSITY COMMUNITY INCLUDING LIBRARY FACILITIES, ACADEMIC ADVISING, AND THE FACULTY DEVELOPMENT CENTER. THE UNIVERSITY PROVIDES PUBLIC SERVICES INCLUDING THE SENIOR CITIZEN CENTER, SERVICE LEARNING, AND VISION TRIPS. THE UNIVERSITY ALSO PROVIDES OTHER PROGRAMS TO FURTHER THEIR EDUCATIONAL PURPOSES.
    Expenses $25,789,609 · revenue $3,790,801

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
41-0693970
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B430)
Assets (IRS master file)
$2,045,501,747
Income (IRS master file)
$928,199,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$602,630,236$548,068,300$2,045,501,747IRS
990-TJune 2025–––IRS
990June 2024$513,572,567$502,030,131$1,946,357,939IRS
990-TJune 2024–––IRS
990June 2023$537,075,956$469,090,264$1,754,407,977XML
990-TJune 2023–––IRS
990June 2022$513,833,802$459,182,574$1,672,860,241IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2009
Officer: University of St Thomas
June 30, 2010≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-0693970).

Questions about UNIVERSITY OF ST THOMAS

What is the EIN of UNIVERSITY OF ST THOMAS?
The employer identification number (EIN) of UNIVERSITY OF ST THOMAS is 41-0693970.
Is UNIVERSITY OF ST THOMAS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to UNIVERSITY OF ST THOMAS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF ST THOMAS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF ST THOMAS due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF ST THOMAS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF ST THOMAS?
The 990 for the year ended June 30, 2025 names Robert Vischer.
Who are the officers and directors of UNIVERSITY OF ST THOMAS?
The 990 for the year ended June 30, 2025 lists 51 people; 14 received compensation from the organization, the highest $730,449 (Robert Vischer, PRESIDENT).
How much revenue does UNIVERSITY OF ST THOMAS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $602,630,236, expenses of $548,068,300 and total assets of $2,045,501,747 at year end.

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