St Johns University New York
- Assets
- $1.7b
- Revenue
- $798.5m
- Investments
- $579.2m
- Employees
- 5,138
- Location
- Jamaica, NY
- Founding
- 03/1946
- Data as of
- 05/2022
- EIN
- 11-1630830
Organization Overview
St Johns University New York is located in Jamaica, NY. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 05/2022, St Johns University New York employed 5,138 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Johns University New York 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 05/2022, St Johns University New York generated $798.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $743.4m during the year ending 05/2022. While expenses have increased by 1.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ST. JOHN'S UNIVERSITY IS A CATHOLIC, VINCENTIAN, METROPOLITAN, AND (CONTINUED ON SCHEDULE O)
Describe the Organization's Program Activity:
HIGHER EDUCATION: ST. JOHN'S UNIVERSITY IS A CATHOLIC, VINCENTIAN, METROPOLITAN, AND GLOBAL NON-PROFIT INSTITUTION OF HIGHER EDUCATION LEARNING. ST. JOHN'S UNIVERSITY OFFERS MORE THAN 100 UNIQUE DEGREE PROGRAMS AT THE ASSOCIATE, BACHELOR'S, MASTER'S, AND DOCTORAL LEVELS. THE DEGREE PROGRAMS, WHICH ARE HOUSED IN SIX SCHOOLS AND COLLEGES, SPAN A WIDE RANGE OF DISCIPLINES FROM THE LIBERAL ARTS TO PROFESSIONAL PROGRAMS. APPROXIMATELY 15,452 UNDERGRADUATE AND 4,206 GRADUATE STUDENTS ARE ENROLLED IN COURSES. (19,658 STUDENTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Anderson Head Coach Men's Basketball | 40 | $2,541,720 | |
Conrado M Gempesaw PHD President - Thru 1/31/21 | 0 | $1,048,911 | |
Joseph L Tartamella Head Coach Women's Basketball | 40 | $511,563 | |
Norean R Sharpe PHD Dean Tobin College Of Business | 40 | $448,411 | |
Mark J Browne PHD Professor | 40 | $447,939 | |
Michael A Simons JD Dean Law School | 40 | $446,544 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Collins Building Services Inc Bldg Maintenance | 5/30/22 | $16,811,610 |
Chartwells Food Service | 5/30/22 | $6,710,371 |
Med-tek Contracting Inc Construction | 5/30/22 | $1,055,601 |
Navpreet S Dhillon Dbaeagle Vision Con Construction | 5/30/22 | $1,462,130 |
Cannon Design Nj Architectural & Related Architectural Svcs | 5/30/22 | $1,466,649 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,078,780 |
| Related organizations | $0 |
| Government grants | $40,128,541 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,195,126 |
| Noncash contributions included in lines 1a–1f | $1,604,358 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,402,447 |
| Total Program Service Revenue | $653,201,050 |
| Investment income | $8,839,620 |
| Tax Exempt Bond Proceeds | $256,972 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $58,641,523 |
| Net Income from Fundraising Events | -$868,076 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $798,473,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $291,314,093 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,465,165 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,598,737 |
| Compensation of current officers, directors, key employees. | $1,336,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $188,682,951 |
| Pension plan accruals and contributions | $11,562,632 |
| Other employee benefits | $52,099,099 |
| Payroll taxes | $12,841,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,652,327 |
| Fees for services: Accounting | $462,118 |
| Fees for services: Lobbying | $5,590 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,013,169 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,452,438 |
| Office expenses | $10,188,117 |
| Information technology | $7,343,619 |
| Royalties | $0 |
| Occupancy | $17,772,115 |
| Travel | $5,366,409 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,186 |
| Interest | $15,260,695 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,554,857 |
| Insurance | $3,918,075 |
| All other expenses | $27,657,722 |
| Total functional expenses | $743,404,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,702,907 |
| Savings and temporary cash investments | $56,355,133 |
| Pledges and grants receivable | $41,527,160 |
| Accounts receivable, net | $12,993,630 |
| 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 | $2,283,965 |
| Net Land, buildings, and equipment | $543,901,336 |
| Investments—publicly traded securities | $326,934,087 |
| Investments—other securities | $579,195,474 |
| Investments—program-related | $5,539,961 |
| Intangible assets | $0 |
| Other assets | $124,243,630 |
| Total assets | $1,703,677,283 |
| Accounts payable and accrued expenses | $72,637,534 |
| Grants payable | $0 |
| Deferred revenue | $16,879,823 |
| Tax-exempt bond liabilities | $436,789,886 |
| 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 | $48,475,576 |
| Other liabilities | $42,377,899 |
| Total liabilities | $617,160,718 |
| Net assets without donor restrictions | $771,186,900 |
| Net assets with donor restrictions | $315,329,665 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,703,677,283 |
Grants Recieved
Over the last fiscal year, we have identified 40 grants that St Johns University New York has recieved totaling $1,795,902.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $445,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $262,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $155,176 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $155,176 |
Aon Foundation Chicago, IL PURPOSE: UNDERGRADUATE AND ADVANCED DEGREES IN RISK MANAGEMENT | $125,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $110,000 |
Endowment Analysis
| Beg. Balance | $937,686,215 |
| Earnings | -$48,641,439 |
| Admin Expense | $6,245,238 |
| Net Contributions | $20,549,937 |
| Other Expense | $24,993,761 |
| Grants | $9,424,071 |
| Ending Balance | $868,931,643 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Rochester Institute Of Technology Rochester, NY | $2,526,196,996 | $1,071,324,345 |
St Johns University New York Jamaica, NY | $1,703,677,283 | $798,473,536 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Rockefeller University New York, NY | $4,263,008,941 | $535,346,959 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,538,245,078 | $606,887,297 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Quinnipiac University Hamden, CT | $1,807,258,104 | $531,949,834 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |