St Johns University New York
- Assets
- $1.7b
- Revenue
- $798.5m
- Investments
- $579.2m
- Employees
- 5,404
- 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 05/2023, St Johns University New York employed 5,404 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
990
Mission & Program ActivityExcerpts From the 990 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:
Part 3 - Line 4a
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 SPAN A WIDE RANGE OF DISCIPLINES FROM THE LIBERAL ARTS TO PROFESSIONAL PROGRAMS. APPROXIMATELY 15,652 UNDERGRADUATE AND 4,011 GRADUATE STUDENTS ARE ENROLLED IN COURSES (19,663 STUDENTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey D Alter Board Member | Trustee | 1 | $0 |
Rev Elmer Bauer III Cm Board Member | Trustee | 1 | $0 |
Paul M Carroll Board Member - Thru 5/10/23 | Trustee | 1 | $0 |
James Christmas Board Member | Trustee | 1 | $0 |
Rev Kevin G Creagh Cm Ed D Board Member | Trustee | 1 | $0 |
Robert J Cruz Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Collins Building Services Inc Bldg Maintenance | 5/30/23 | $19,316,187 |
Navpreet S Dhillon Dbaeagle Vision Con Construction | 5/30/23 | $2,795,007 |
Chartwells Food Service | 5/30/23 | $14,042,589 |
Med-tek Contracting Inc Construction | 5/30/23 | $4,182,705 |
Cannon Design Nj Architectural & Related Architectual Svcs | 5/30/23 | $2,123,156 |
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 |