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Alvernia University

Public charityFed auditsIRS 990990-T FY2023
Other · READING, PA · EIN 23-1522643

About

Alvernia university is a catholic comprehensive university with a liberal arts foundation founded by the bernardine franciscan sisters in 1958. See continuation on schedule o.

Donations are tax-deductible
Category
Other
Employees
1,423
Volunteers
50

Financial Snapshot

FY ending 2023-06-30
Revenue
$110.6M
Expenses
$104.7M
Assets
$219.4M
Liabilities
$107.3M

Financial history

$111.4M$55.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $110.6M · Peak FY2022: $111.4M · Avg: $92.2M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$83K
Grants Given
$34.6M
ALVERNIA UNIVERSITY
Your actions

Address

400 Saint Bernardine ST
Reading, PA, 19607-173

Governance

Voting board members35
Independent members33
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %15.9%
Permanent endowment %84.1%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.