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University of New Brunswick

Canada, · EIN 23-7103810 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending April 30, 2025 (tax year 2024) · View the filing · Correct or respond

University of New Brunswick reported $321.5 million in revenue and $290.9 million in expenses for the fiscal year ending April 30, 2025. Of every $100 it spent, $80.43 went to program services, $18.42 to management and general costs and $1.15 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 43.8% of the total. Government grants made up 41.8%. The highest compensation it reported for one person was $396,143 (President). 383 people received more than $100,000 in reportable compensation. Revenue rose 11% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending April 30, 2025 · Form 990, Part IX, line 25 · total expenses $291M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending April 30, 2025 · Form 990, Part VIII · total revenue $322M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
80.4%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
18.4%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
42.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
41.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
43.8%69.9%
Highest reported compensation
Part VII-A, columns D–F
$396,143$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.14%1.28%
People paid over $100,000
Part VII, line 2
3838
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.813.3
Independent voting board members
Part VI 1a–1b
23 of 34100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$163M expenses · 69.5% of program spending · grants $5.0M · revenue $109M

Instruction full-time students part-time students research

$11M expenses · 4.6% of program spending · revenue $24,830

Operational costs associated with UNB libraries

$13M expenses · 5.7% of program spending · revenue $16M

Ancillary enterprises bookstore arena student residences conference centre

$47M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President
Director/trustee, officer, 36.25 hrs/week
$372,852$0$23,291$396,143
Executive Director
Highest compensated employee, 36.25 hrs/week
$232,921$0$29,528$262,449
Provost and Vice Presodent Academic
Officer, 36.25 hrs/week
$229,154$0$23,291$252,445
Professor
Highest compensated employee, 36.25 hrs/week
$215,893$0$19,734$235,627
Vice President Administration and Finance
Officer, 36.25 hrs/week
$207,135$0$27,025$234,160
Vice President Research
Key employee, 36.25 hrs/week
$205,412$0$23,207$228,619
Professor
Highest compensated employee, 36.25 hrs/week
$210,754$0$17,127$227,881
Vice Provost Learning and Student Experience
Key employee, former, 36.25 hrs/week
$190,241$0$23,119$213,360

383 people received more than $100,000 in reportable compensation from University of New Brunswick (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2021FY2022FY2023FY2024FY2025$322M$291M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$322M$291M80.4%$382M$396,143
FY2024 ⓘ$291M$289M81.3%$357M$391,548
FY2023 ⓘ$276M$266M82.7%$320M$353,723
FY2022 ⓘ$290M$265M84.1%$303M$370,206
FY2021 ⓘ$290M$235M84.9%$576M$307,980

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b34 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 628

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Scotiabank Commericial Card Services
Banking services
$13,250,192
Pomerleau Inc
Building construction
$8,757,763
Medavie Blue Cross
Employee benefits
$6,391,988
Compass Group Canada Ltd
Catering and food services
$6,165,374
EllisDon Group of Companies
Building construction
$6,161,278

Individuals listed as contractors are left out. 134 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from University of New Brunswick's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of New Brunswick, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of University of New Brunswick's spending goes to programs?

In the fiscal year ending April 30, 2025, University of New Brunswick reported that 80.4% of its $290.9 million in expenses went to program services, 18.4% to management and general and 1.2% to fundraising (Form 990, Part IX).

How much does University of New Brunswick pay its top executive?

The largest total compensation University of New Brunswick reported for one person in the fiscal year ending April 30, 2025 was $396,143, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does University of New Brunswick get its money?

Of $321.5 million in revenue in the fiscal year ending April 30, 2025, 42.3% came from contributions and grants (including 41.8% from government grants) and 43.8% from program service revenue (Form 990, Part VIII).

Is University of New Brunswick a registered charity?

The IRS lists EIN 23-7103810 as a 501(c)(3) organization (school). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending April 30, 2025, object 202610619349300601 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending April 30, 2024, object 202510629349300201 · read the filing
  • FY2023: Form 990 for the fiscal year ending April 30, 2023, object 202410869349301311 · read the filing
  • FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202330759349300123 · read the filing
  • FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202200969349300700 · read the filing

All filings for EIN 23-7103810: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.