Nonprofit · EIN 52-0705392
STEVENSON UNIVERSITY INC
Tax-exempt · OWINGS MILLS, MD 21117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $187,727,722 | $171,623,418 | $16,104,304 | $362,650,459 | $166,659,642 | $195,990,817 |
| June 30, 2024 | 990 | $170,194,735 | $167,632,795 | $2,561,940 | $348,084,367 | $167,402,080 | $180,682,287 |
| June 30, 2023 | 990 | $157,992,249 | $156,394,641 | $1,597,608 | $343,217,002 | $162,974,927 | $180,242,075 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $27,250,399
- of which government grants
- $24,267,020
- Program service revenue
- $145,773,070
- Investment income
- $13,496,455
- Net rental income
- $1,200,323
- Net gain from sales of assets
- $9,031,958
- Net income from fundraising events
- $7,475
- Other revenue
- $1,207,798
Expenses
- Grants and similar amounts paid
- $73,967,330
- Compensation of officers, directors and key employees
- $3,153,146
- Other salaries and wages
- $37,313,837
- Salaries, compensation and benefits (total)
- $49,141,374
- Professional fundraising fees
- $0
- Legal fees
- $146,047
- Accounting fees
- $125,774
- Occupancy
- $8,424,519
- Travel
- $8,300,531
- Depreciation
- $8,491,078
- Program services (functional)
- $152,441,288
- Management and general (functional)
- $18,197,461
- Fundraising (functional)
- $984,669
Balance sheet and other
- Total assets, start of year
- $348,084,367
- Total assets, end of year
- $362,650,459
- Total liabilities, end of year
- $166,659,642
- Net assets, end of year
- $195,990,817
- Land, buildings and equipment
- $223,562,405
- Publicly traded securities
- $100,534,213
- Net assets without donor restrictions
- $146,619,551
- Net assets with donor restrictions
- $49,371,266
- Gross unrelated business income
- $3,943
- Gross receipts
- $214,230,574
- Employees
- 1,607
- Volunteers
- 125
- Year formed
- 1947
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Elliot L Hirshman | PRESIDENT Officer | 40 | $622,888 | $124,890 |
| Susan Gorman | EVP OF ACADEMIC AFFAIR/PROVOS Key employee | 40 | $273,822 | $35,753 |
| Mark Hergan | VP ENROLLMENT MANAGEMENT Key employee | 40 | $254,516 | $37,500 |
| Christopher Vaughan | VP UNIVERSITY ADVANCEMENT Key employee | 40 | $265,469 | $18,187 |
| Antionette Marbray | VP LEGAL AFFAIRS & GOVT RELATIONS Highest-paid employee | 40 | $231,204 | $19,445 |
| Melanie Edmondson | VP OF ADMIN & FINANCE, CFO Officer | 40 | $231,709 | $16,086 |
| John Buettner | VP MARKETING & DIGITAL COMM Highest-paid employee | 40 | $202,347 | $14,484 |
| Andre Williams | VP STUDENT AFFAIRS Key employee | 40 | $185,801 | $25,144 |
| David Jordan | VP HUMAN RESOURCES Key employee | 40 | $190,194 | $13,768 |
| Meredith Durmowicz | EVP OF ACADEMIC AFFAIR/PROVOS Key employee | 40 | $169,513 | $33,816 |
| James Mustard | VP ADMIN AND FACILITIES Key employee | 40 | $160,385 | $28,451 |
| Mary Elizabeth Schiller-Schwenke | CHIEF FINANCIAL OFFICER Officer | 40 | $152,990 | $27,669 |
| John Bantillo | CIO Key employee | 40 | $166,820 | $13,242 |
| Amanda Hostalka | DEAN SODAC/VICE PROVOST OUTREA Highest-paid employee | 40 | $162,721 | $12,294 |
| Ellen Roskes | DEAN SCHOOL OF SCIENCES Highest-paid employee | 40 | $161,539 | $12,260 |
32 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Virginia Iannone | SR ASSOCIATE VP ACADEMIC AFFAIRS Highest-paid employee | 40 | $148,143 | $19,925 |
| DONNA L KAHOE | SECRETARY (AS OF 6/25) Trustee or director, Officer | 1 | $0 | $0 |
| PAUL MARK SANDLER ESQ | SECRETARY (THRU 5/25) Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT C BRENNAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANNA L SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ARTHUR F BELL JR CPA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA M BOZZUTO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BLAIRE AULL MILLER | TRUSTEE EX OFFICIO (THRU 5/25) Trustee or director | 1 | $0 | $0 |
| BRENDA BOWE JOHNSON PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CANDACE OSUNSADE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER TSAKALOS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID A BURROWS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC D BROTMAN CFP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES B STRADTNER CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENNIFER WARD REYNOLDS CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH S WARANCH ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUSTIN TOWLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JW THOMPSON WEBB | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN P GIBBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN SHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARGARET SHEETZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MEREDITH A MOWEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY C HUBBLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ORSIA FOUDOS YOUNG ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT D BIAGIOTTI PE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL M DELL III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA R BERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT E DORSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SEAN A ISAAC MD | TRUSTEE (THRU 5/25) Trustee or director | 1 | $0 | $0 |
| T SCOTT PUGATCH | CHAIR Trustee or director | 1 | $0 | $0 |
| TIMOTHY L KRONGARD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VANESSA ELUMA | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELLIOT L HIRSHMAN | PRESIDENT Officer | 40 | $879,451 | $123,012 |
| MELANIE EDMONDSON | VP OF ADMIN & FINANCE, CFO Officer | 40 | $302,479 | $21,809 |
| SUSAN GORMAN | EVP OF ACADEMIC AFFAIR/PROVOS Key employee | 40 | $266,796 | $33,183 |
| MARK HERGAN | VP ENROLLMENT MANAGEMENT Key employee | 40 | $245,906 | $34,461 |
| CHRISTOPHER VAUGHAN | VP UNIVERSITY ADVANCEMENT Key employee | 40 | $258,949 | $17,642 |
| ANTIONETTE MARBRAY | VP LEGAL AFFAIRS/STATE&FED REG Highest-paid employee | 40 | $221,489 | $17,545 |
| JOHN BUETTNER | VP MARKETING & DIGITAL COMM Highest-paid employee | 40 | $196,991 | $14,083 |
| DAVID JORDAN | VP HUMAN RESOURCES Key employee | 40 | $182,931 | $13,404 |
| MEREDITH DURMOWICZ | SR AVP ACADEMIC AFFAIRS/RESEAR Highest-paid employee | 40 | $163,539 | $30,673 |
| John Bantillo | CIO Key employee | 40 | $163,498 | $12,942 |
| Amanda Holstaka | DEAN SODAC/VICE PROVOST OUTREA Highest-paid employee | 40 | $159,421 | $12,053 |
| Sharon Buchbinder | Dean SOBL Highest-paid employee | 40 | $148,535 | $6,551 |
| PAUL MARK SANDLER ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT C BRENNAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ARTHUR F BELL JR CPA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA R BERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT D BIAGIOTTI PE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA BOZZUTO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Eric D Brotman CFP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID A BURROWS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL M DELL III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT E DORSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Vanessa Eluma | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN P GIBBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY C HUBBLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SEAN A ISAAC MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENDA BOWE JOHNSON PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA L KAHOE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BLAIRE AULL MILLER | TRUSTEE EX OFFICIO Trustee or director | 1 | $0 | $0 |
| MEREDITH A MOWEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CANDACE OSUNADE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| T SCOTT PUGATCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENNIFER WARD REYNOLDS CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARGARET SHEETZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN SHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNA L SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES B STRADTNER CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUSTIN TOWLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| Christopher Tsakalos | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH S WARANCH ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ORSIA FOUDOS YOUNG ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 39 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELLIOT L HIRSHMAN | PRESIDENT Officer | 40 | $846,795 | $123,659 |
| MELANIE EDMONDSON | VP OF ADMIN & FINANCE, CFO Officer | 40 | $296,217 | $21,613 |
| SUSAN GORMAN | EVP OF ACADEMIC AFFAIR/PROVOS Key employee | 40 | $255,733 | $32,927 |
| MARK HERGAN | VP ENROLLMENT MANAGEMENT Key employee | 40 | $239,001 | $30,543 |
| CHRISTOPHER VAUGHAN | VP UNIVERSITY ADVANCEMENT Key employee | 40 | $245,629 | $16,582 |
| ANTIONETTE MARBRAY | VP LEGAL AFFAIRS/STATE&FED REG Highest-paid employee | 40 | $196,181 | $18,405 |
| JOHN BUETTNER | VP MARKETING & DIGITAL COMM Highest-paid employee | 40 | $192,672 | $13,389 |
| DAVID JORDAN | VP HUMAN RESOURCES Key employee | 40 | $182,366 | $12,989 |
| TIFFANY SANCHEZ | VP STUDENT AFFAIRS Key employee | 40 | $159,433 | $28,143 |
| MEREDITH DURMOWICZ | SR AVP ACADEMIC AFFAIRS/RESEAR Highest-paid employee | 40 | $155,783 | $26,669 |
| SUE KENNEY | VP AND CHIEF OF STAFF Highest-paid employee | 40 | $155,103 | $17,578 |
| AMANDA HOLSTAKA | DEAN SODAC/VICE PROVOST OUTREA Highest-paid employee | 40 | $150,283 | $11,372 |
| PAUL MARK SANDLER ESQ | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT C BRENNAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ARTHUR F BELL JR CPA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SANDRA R BERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBERT D BIAGIOTTI PE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA BOZZUTO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID A BURROWS JR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMUEL M DELL III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SCOTT E DORSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KAREN P GIBBS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HERBERT J HOELTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY C HUBBLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SEAN A ISAAC MD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRENDA BOWE JOHNSON PHD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DONNA L KAHOE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BLAIRE AULL MILLER | TRUSTEE EX OFFICIO Trustee or director | 1 | $0 | $0 |
| MEREDITH A MOWEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CANDACE OSUNADE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| T SCOTT PUGATCH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JENNIFER WARD REYNOLDS CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MARGARET SHEETZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KATHLEEN SHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANNA L SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES B STRADTNER CFA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUSTIN TOWLES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUDITH S WARANCH ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ORSIA FOUDOS YOUNG ESQ | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 CAMPUS CIR, OWINGS MILLS, MD 21117-7803
- In care of
- % MARY BETH SCHWENKE
- Principal officer (990 for 2024)
- ELLIOT L HIRSHMAN, 1525 GREENSPRING VALLEY ROAD, STEVENSON, MD 21153
- Signed the 990
- ELLIOT L HIRSHMAN, PRESIDENT
- Phone
- (410) 486-7000
- Website
- WWW.STEVENSON.EDU
- Return prepared by
- BDO USA
Mission
THE UNIVERSITY IS AN INNOVATIVE, COEDUCATIONAL, INDEPENDENT INSTITUTION OFFERING UNDERGRADUATE AND GRADUATE STUDENTS A CAREER-FOCUSED EDUCATION MARKED BY INDIVIDUALIZED ATTENTION, CIVILITY, AND RESPECT FOR DIFFERENCE. THE UNIVERSITY BLENDS THE LIBERAL ARTS WITH CAREER EXPLORATION AND PLANNING, COMPLEMENTING A TRADITIONAL EDUCATION WITH APPLIED LEARNING BEYOND THE CLASSROOM. THE UNIVERSITY MEETS STUDENTS WHERE THEY ARE AND SUPPORTS AND CHALLENGES THEM TO BECOME REFLECTIVE AND ACCOMPLISHED INDIVIDUALS COMMITTED TO A LIFETIME OF LEARNING AND CONTRIBUTION. STUDENTS GRADUATE WITH THE COMPETENCE AND CONFIDENCE NEEDED TO ADDRESS CREATIVELY THE OPPORTUNITIES AND PROBLEMS FACING THEIR COMMUNITIES, THE NATION AND THE WORLD.
Program accomplishments
- STEVENSON UNIVERSITY IS A FOUR YEAR UNIVERSITY PROVIDING EDUCATIONAL SERVICES TO APPROXIMATELY 2,805 FULL TIME, 301 PART TIME AND 578 GRADUATE STUDENTS.Expenses $78,473,958 · revenue $145,773,070
- THE NUMBER OF STUDENTS RECEIVING GRANTS IS AS FOLLOWS: PELL 1,212, SEOG 167, WORK STUDY 141, FEDERAL DIRECT SUB 1,177, FEDERAL DIRECT UNSUB 1,828, PARENT LOANS 614, AND STEVENSON GRANTS AND SCHOLARSHIPS 2,946.Expenses $73,967,330 · grants $73,967,330
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0705392
- 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
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B420)
- Assets (IRS master file)
- $362,650,459
- Income (IRS master file)
- $214,230,574
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $187,727,722 | $171,623,418 | $362,650,459 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $170,194,735 | $167,632,795 | $348,084,367 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $157,992,249 | $156,394,641 | $343,217,002 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $161,866,162 | $150,618,294 | $339,125,128 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
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 52-0705392).
Questions about STEVENSON UNIVERSITY INC
- What is the EIN of STEVENSON UNIVERSITY INC?
- The employer identification number (EIN) of STEVENSON UNIVERSITY INC is 52-0705392.
- Is STEVENSON UNIVERSITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to STEVENSON UNIVERSITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STEVENSON UNIVERSITY INC 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 STEVENSON UNIVERSITY INC 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 STEVENSON UNIVERSITY INC 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 STEVENSON UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 names ELLIOT L HIRSHMAN.
- Who are the officers and directors of STEVENSON UNIVERSITY INC?
- The 990 for the year ended June 30, 2025 lists 47 people; 16 received compensation from the organization, the highest $622,888 (Elliot L Hirshman, PRESIDENT).
- How much revenue does STEVENSON UNIVERSITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $187,727,722, expenses of $171,623,418 and total assets of $362,650,459 at year end.
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