Adelphi University
- Assets
- $595.6m
- Revenue
- $319.9m
- Investments
- $16.0m
- Employees
- 4,304
- Location
- Garden City, NY
- Founding
- 04/1927
- Data as of
- 08/2021
- EIN
- 11-1630741
Organization Overview
Adelphi University is located in Garden City, NY. The organization was established in 1927. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 08/2023, Adelphi University employed 4,304 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adelphi University is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Adelphi University generated $319.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $315.9m during the year ending 08/2021. While expenses have increased by 3.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADELPHI UNIVERSITY IS DEDICATED TO TRANSFORMING STUDENTS' LIVES THROUGH SMALL CLASSES, HANDS-ON LEARNING AND INNOVATIVE PROGRAMS SUPPORTING ACADEMIC AND CAREER SUCCESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION AND RELATED ACADEMIC SUPPORT, STUDENT SERVICES AND PUBLIC SUPPORT BENEFITING THE COMMUNITY - THE UNIVERSITY PROVIDES A PERSONALIZED EDUCATION FOR ALL ITS UNDERGRADUATE AND GRADUATE STUDENTS. THE AVERAGE ANNUALIZED ENROLLMENTS FOR FISCAL 2022-2023 WAS 6,342 FULLTIME STUDENTS, COMPRISED OF 4,683 UNDERGRADUATE AND 1,660 GRADUATE/ POST BACCALAUREATE FULL-TIME EQUIVALENT STUDENTS. STUDENTS COME FROM DIVERSE BACKGROUNDS AND ARE NOT ONLY FROM THE NEW YORK AREA, BUT FROM ACROSS THE COUNTRY AND AROUND THE WORLD. ADELPHI'S COLLEGES AND SCHOOLS INCLUDE THE COLLEGE OF ARTS AND SCIENCES, THE GORDON F DERNER SCHOOL OF PSYCHOLOGY, THE HONORS COLLEGE, AND THE COLLEGE OF EDUCATION AND HEALTH SCIENCES, THE ROBERT B WILLUMSTAD SCHOOL OF BUSINESS, THE COLLEGE OF NURSING AND PUBLIC HEALTH, THE SCHOOL OF SOCIAL WORK, AND THE COLLEGE OF PROFESSIONAL AND CONTINUING STUDIES. STUDENTS HAVE ACCESSIBILITY TO STUDENT COUNSELING, CAREER COUNSELING, FINANCIAL AID, AND MENTORING AND OTHER SERVICES AND PROGRAMS OFFERED BY THE UNIVERSITY. ADELPHI HAS EXTENSIVE COMMUNITY HEALTH AND HUMAN SERVICES OUTREACH PROGRAMS, INCLUDING THE HY WEINBERG CENTER FOR COMMUNICATION DISORDERS, THE CENTER FOR PSYCHOLOGICAL SERVICES, AND THE ADELPHI NEW YORK STATEWIDE BREAST CANCER HOTLINE AND SUPPORT PROGRAM, AMONG OTHER COMMUNITY SERVICE PROGRAMS. THESE PROGRAMS ARE OFFERED TO STUDENTS, FACULTY AND STAFF AS WELL AS TO MEMBERS OF THE SURROUNDING COMMUNITY.
RESIDENTIAL HOUSING AND AUXILIARY ENTERPRISES - THE UNIVERSITY OFFERS STUDENT HOUSING IN SEVEN RESIDENCE HALLS ON ITS MAIN CAMPUS IN GARDEN CITY, NEW YORK. THERE ARE NUMEROUS SPECIAL LIVING OPTIONS WITHIN THESE HALLS, INCLUDING THOSE FOR STUDENTS WHO IDENTIFY AS TRANSGENDER OR WHO DON'T WISH TO BE IDENTIFIED BY GENDER; FIRST-YEAR STUDENTS SELECTED FOR LIVING-LEARNING COMMUNITIES; AND STUDENTS IN THE HONORS COLLEGE. ACCESSIBLE HOUSING IS AVAILABLE FOR STUDENTS WITH DISABILITIES. IN FALL 2022 APPROXIMATELY 1,104 STUDENTS LIVED IN UNIVERSITY RESIDENCE HALLS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Christine Riordan President | OfficerTrustee | 65 | $898,788 |
Carey Greg Trustee | Trustee | 3 | $0 |
Carmen Ortiz Trustee | Trustee | 3 | $0 |
Curtis Minnis Trustee | Trustee | 3 | $0 |
Dottie Herman Trustee | Trustee | 3 | $0 |
Emily Ladau Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chartwells Dining Services Food Services | 8/30/23 | $7,314,577 |
Trinity Reit Inc Real Estate Company | 8/30/23 | $3,178,821 |
Arthur J Gallager Risk Management Services | 8/30/23 | $2,505,576 |
All Campus Llc Enrollment Services | 8/30/23 | $2,119,208 |
Eab Enrollment Services | 8/30/23 | $1,820,671 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,891,795 |
| Investment income | $2,969,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $39,744 |
| Net Rental Income | $128,796 |
| Net Gain/Loss on Asset Sales | $3,042,262 |
| Net Income from Fundraising Events | $79,791 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $319,875,949 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $88,069,970 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,304,380 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,274,554 |
| Pension plan accruals and contributions | $7,987,552 |
| Other employee benefits | $16,712,833 |
| Payroll taxes | $8,546,567 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $632,697 |
| Fees for services: Accounting | $491,046 |
| Fees for services: Lobbying | $96,200 |
| Fees for services: Fundraising | $81,497 |
| Fees for services: Investment Management | $1,380,343 |
| Fees for services: Other | $8,359,221 |
| Advertising and promotion | $2,678,535 |
| Office expenses | $8,292,597 |
| Information technology | $2,357,448 |
| Royalties | $0 |
| Occupancy | $12,398,760 |
| Travel | $173,575 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $363,589 |
| Interest | $5,622,901 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,056,148 |
| Insurance | $1,702,235 |
| All other expenses | $0 |
| Total functional expenses | $315,918,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,750 |
| Savings and temporary cash investments | $40,919,435 |
| Pledges and grants receivable | $4,599,224 |
| Accounts receivable, net | $2,370,395 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,574,765 |
| Investments—publicly traded securities | $224,678,113 |
| Investments—other securities | $16,017,980 |
| Investments—program-related | $5,562,430 |
| Intangible assets | $0 |
| Other assets | $17,172,695 |
| Total assets | $595,552,292 |
| Accounts payable and accrued expenses | $22,349,568 |
| Grants payable | $5,980,739 |
| Deferred revenue | $45,362,249 |
| Tax-exempt bond liabilities | $113,555,212 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,206,109 |
| Total liabilities | $214,453,877 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $381,098,415 |