Nonprofit · EIN 94-2992642
SAMUEL MERRITT UNIVERSITY
Tax-exempt · OAKLAND, CA 94607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $134,762,793 | $109,097,319 | $25,665,474 | $595,616,621 | $275,679,159 | $319,937,462 |
| December 31, 2023 | 990 | $113,903,074 | $107,618,804 | $6,284,270 | $566,034,361 | $270,054,587 | $295,979,774 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,289,955
- of which government grants
- $2,701,749
- Program service revenue
- $99,627,074
- Investment income
- $25,251,441
- Net gain from sales of assets
- $12,978,073
- Tax-exempt bond proceeds
- $2,739,037
- Other revenue
- $1,594,323
Expenses
- Grants and similar amounts paid
- $10,770,338
- Compensation of officers, directors and key employees
- $3,623,975
- Other salaries and wages
- $47,787,009
- Salaries, compensation and benefits (total)
- $63,355,089
- Professional fundraising fees
- $0
- Legal fees
- -$375,334
- Accounting fees
- $410,742
- Occupancy
- $8,853,181
- Travel
- $923,296
- Depreciation
- $3,338,240
- Program services (functional)
- $82,930,309
- Management and general (functional)
- $23,724,152
- Fundraising (functional)
- $2,442,858
Balance sheet and other
- Total assets, start of year
- $566,034,361
- Total assets, end of year
- $595,616,621
- Total liabilities, end of year
- $275,679,159
- Net assets, end of year
- $319,937,462
- Land, buildings and equipment
- $179,441,987
- Publicly traded securities
- $268,539,135
- Net assets without donor restrictions
- $218,828,090
- Net assets with donor restrictions
- $101,109,372
- Gross receipts
- $134,762,793
- Employees
- 1,051
- Volunteers
- 62
- Year formed
- 1984
- State of legal domicile
- CA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ching-Hua Wang | President Trustee or director, Officer | 60 | $921,283 | $68,502 |
| Dave Lawlor | Executive Vice President & Treasurer Officer | 60 | $819,243 | $97,332 |
| Brian Clocksin | Provost Executive Vice President, Academic/Student Affairs Key employee | 60 | $436,567 | $81,041 |
| Joseph Janakes | Program Director Highest-paid employee | 40 | $323,663 | $71,712 |
| Albert Frisone | Former VP for University Advancement and Communication (from 1/1/24 to 1/8/24) Key employee | 60 | $386,378 | $5,743 |
| Emily Prieto-Tseregounis | Chief of Staff, VP of Exernal Affairs Key employee | 60 | $314,042 | $54,275 |
| Kevin Hamby | Assistant Professor Highest-paid employee | 40 | $304,344 | $59,515 |
| Orophenia Bollinger | Assistant Professor Highest-paid employee | 40 | $292,993 | $50,518 |
| Gina Squara | VP for Strategic Growth & Marketing Key employee | 60 | $275,673 | $32,467 |
| Seanny Min | Assistant Professor Highest-paid employee | 40 | $266,575 | $29,575 |
| Steven Rush | Dean of Nursing Key employee | 40 | $275,977 | $15,360 |
| Nila Hollis | Director of Psychiatric Mental Health Nurse Practitioner Program Highest-paid employee | 40 | $253,008 | $0 |
| Eric Stamps | Former Dean and Professor of Podiatric Medicine (from 1/1/24 to 9/27/24) Key employee | 60 | $228,143 | $22,558 |
| Evaon Wong-Kim | Former Dean of Health Sciences (from 1/1/24 to 7/20/24) Key employee | 60 | $178,122 | $39,305 |
| Mark Razzante | Interim Dean, College of Podiatric Medicine (from 9/30/24) Key employee | 60 | $183,733 | $29,995 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Alvin McLean | Regent & Chair Trustee or director | 5 | $0 |
| Amber Luther | Regent Trustee or director | 5 | $0 |
| Anna Kiger | Regent & Chief Nursing Officer (THRU 06/24) Trustee or director | 5 | $0 |
| Brad Barber | Regent Trustee or director | 5 | $0 |
| Caroline Cabias | Regent Trustee or director | 5 | $0 |
| Christine Helwick | Regent (from 6/30/24) Trustee or director | 5 | $0 |
| Conrad Vial | Regent Trustee or director | 5 | $0 |
| Dennis O'Connell | Regent & Vice-Chair Trustee or director | 5 | $0 |
| Elizabeth Chaney | Regent Trustee or director | 5 | $0 |
| Eric Roberts | Regent Trustee or director | 5 | $0 |
| Jeff Gerard | Regent (from 9/24/24) Trustee or director | 5 | $0 |
| Katherine Schapiro | Regent Trustee or director | 5 | $0 |
| Kevin Hart | Regent Trustee or director | 5 | $0 |
| Lisa Zuffi | Regent Trustee or director | 5 | $0 |
| Melanie Bell-Mayeda | Regent Trustee or director | 5 | $0 |
| Mercedes Chavira | Regent Trustee or director | 5 | $0 |
| Neptaly Aguilera | Regent Trustee or director | 5 | $0 |
| Saul Rosenbaum | Regent Trustee or director | 5 | $0 |
| Shefali Parikh | Regent Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 35 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ching-Hua Wang | President Trustee or director, Officer | 60 | $908,546 | $38,559 |
| Dave Lawlor | Executive Vice President & Treasurer Officer | 60 | $781,235 | $51,519 |
| Al Frisone | VP for University Advancement & Communications Key employee | 60 | $509,419 | $56,867 |
| Joseph J Janakes | Program Director Highest-paid employee | 40 | $309,293 | $39,342 |
| Kevin A Hamby | Assistant Professor Highest-paid employee | 40 | $296,259 | $47,874 |
| Emily Prieto-Tseregounis | Chief of Staff, VP of Exernal Affairs Key employee | 60 | $303,133 | $36,886 |
| Celeste G Villanueva | Assistant Academic VP Key employee | 60 | $311,222 | $16,967 |
| Orophenia Bollinger | Assistant Professor Highest-paid employee | 40 | $249,728 | $44,795 |
| Brian Clocksin | Provost Executive Vice President, Academic/Student Affairs (Pt-Yr) Key employee | 60 | $263,112 | $23,409 |
| Steven Rush | Dean of Nursing Highest-paid employee | 40 | $257,178 | $16,449 |
| Daniel Bell | Assistant Professor Highest-paid employee | 40 | $245,936 | $12,271 |
| Evaon Wong-Kim | Dean of Health Sciences Key employee | 60 | $236,560 | $17,735 |
| Eric Stamps | Dean Key employee | 60 | $233,499 | $16,123 |
| Lorna D Kendrick | Dean of Nursing (Pt-Yr) Key employee | 60 | $199,627 | $10,383 |
| Timothy Cranford | VP for Student Affairs (Pt-Yr) Key employee | 60 | $180,066 | $28,718 |
| Alvin McLean | Regent & Vice-Chair Trustee or director | 5 | $0 | $0 |
| Amber Luther | Regent Trustee or director | 5 | $0 | $0 |
| Anna Kiger | Regent & Chief Nursing Officer Trustee or director | 5 | $0 | $0 |
| Brad Barber | Regent Trustee or director | 5 | $0 | $0 |
| Caroline Cabias | Regent Trustee or director | 5 | $0 | $0 |
| Conrad M Vial | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Dennis O'Connell | Regent Trustee or director | 5 | $0 | $0 |
| Elizabeth Chaney | Regent Trustee or director | 5 | $0 | $0 |
| Eric Roberts | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Gary Morrison Esq | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| John Schwartbert MD | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Jonathan Brown | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Katherine Schapiro | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Kevin Hart | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Lisa Zuffi | Regent Trustee or director | 5 | $0 | $0 |
| Lloyd Leanse | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
| Melanie Bell-Mayeda | Regent Trustee or director | 5 | $0 | $0 |
| Neptaly Aguilera | Regent Trustee or director | 5 | $0 | $0 |
| Saul Rosenbaum | Regent Trustee or director | 5 | $0 | $0 |
| Shefali Parikh | Regent (Pt-Yr) Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 525 12TH ST, OAKLAND, CA 94607-4927
- In care of
- % TONY BARAGHIMIAN
- Principal officer (990 for 2024)
- CHING-HUA WANG, 450 30TH STREET SUITE 2840, OAKLAND, CA 94609
- Signed the 990
- CHING-HUA WANG, president
- Phone
- (916) 286-6665
- Website
- WWW.SAMUELMERRITT.EDU
- Return prepared by
- ERNST & YOUNG US LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2992642 or by the name SAMUEL MERRITT UNIVERSITY.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
SAMUEL MERRITT UNIVERSITY EDUCATES STUDENTS TO BECOME HIGHLY SKILLED AND COMPASSIONATE HEALTH CARE PROFESSIONALS WHO POSITIVELY TRANSFORM THE EXPERIENCE OF CARE IN DIVERSE COMMUNITIES.
Program accomplishments
- SEE SCHEDULE OExpenses $82,930,309 · grants $10,770,338 · revenue $99,627,074
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2992642
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B500)
- Assets (IRS master file)
- $595,616,621
- Income (IRS master file)
- $134,762,793
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $134,762,793 | $109,097,319 | $595,616,621 | XML |
| 990 | December 2023 | $113,903,074 | $107,618,804 | $566,034,361 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $160,500,692 | $97,421,535 | $530,281,236 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 94-2992642).
Questions about SAMUEL MERRITT UNIVERSITY
- What is the EIN of SAMUEL MERRITT UNIVERSITY?
- The employer identification number (EIN) of SAMUEL MERRITT UNIVERSITY is 94-2992642.
- Is SAMUEL MERRITT UNIVERSITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to SAMUEL MERRITT UNIVERSITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAMUEL MERRITT UNIVERSITY 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 SAMUEL MERRITT UNIVERSITY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SAMUEL MERRITT UNIVERSITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SAMUEL MERRITT UNIVERSITY?
- The 990 for the year ended December 31, 2024 names CHING-HUA WANG.
- Who are the officers and directors of SAMUEL MERRITT UNIVERSITY?
- The 990 for the year ended December 31, 2024 lists 34 people; 15 received compensation from the organization, the highest $921,283 (Ching-Hua Wang, President).
- How much revenue does SAMUEL MERRITT UNIVERSITY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $134,762,793, expenses of $109,097,319 and total assets of $595,616,621 at year end.
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