Dominican University New York
- Assets
- $75.2m
- Revenue
- $61.0m
- Investments
- $0.0
- Employees
- 803
- Location
- Orangeburg, NY
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 13-1967322
Organization Overview
Dominican University New York is located in Orangeburg, 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 06/2022, Dominican University New York employed 803 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Dominican 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 06/2021, Dominican University New York generated $61.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $57.8m during the year ending 06/2021. While expenses have increased by 0.8% 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
PROMOTE EDUCATIONAL EXCELLENCE, LEADERSHIP, & SERVICE VIA A STRONG COMMITMENT TO OUR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O. DOMINICAN UNIVERSITY NEW YORK WAS FOUNDED IN 1952 BY THE SISTERS OF ST. DOMINIC OF BLAUVELT AND CONTINUES TO SERVE APPROXIMATELY 2,000 STUDENTS AS A PRIVATE, COEDUCATIONAL INSTITUTION, PROUD OF ITS DOMINICAN AND CATHOLIC TRADITION. THE UNIVERSITY IS COMMITTED TO MAINTAINING ITS VALUE-CENTERED, STUDENT-ORIENTED FOCUS. WITH A STUDENT/FACULTY RATIO OF 13 TO 1, EACH PERSON RECEIVES THE ASSISTANCE AND CHALLENGE SHE OR HE NEEDS TO REALIZE PERSONAL ASPIRATIONS AND TO BECOME A CONTRIBUTING CITIZEN. THE UNIVERSITY IS A LIBERAL ARTS INSTITUTION WHICH PROVIDES PROFESSIONAL PROGRAMS IN TEACHER EDUCATION, SOCIAL WORK, BUSINESS ADMINISTRATION AND THE HEALTH CARE PROFESSIONS OF NURSING AND OCCUPATIONAL AND PHYSICAL THERAPY. OVER THIRTY PROGRAMS, MANY OF WHICH ARE NATIONALLY ACCREDITED, ARE OFFERED ON THE UNDERGRADUATE AND MASTER'S LEVEL. THE 16,000 MEMBERS OF OUR ALUMNI MAKE A SIGNIFICANT DIFFERENCE IN THE HOSPITALS, SCHOOLS AND BUSINESSES WHERE THEY SERVE. DOMINICAN UNIVERSITY NEW YORK IS AN ACADEMIC COMMUNITY COMMITTED TO FOSTERING THE VALUES OF EXCELLENCE, LEADERSHIP AND SERVICE IN ITS CURRICULAR AND EXTRA-CURRICULAR PROGRAMS. A MEMBER OF NCAA, DIVISION II, THE ATHLETIC DEPARTMENT SPONSORS SEVENTEEN COMPETITIVE SPORTS DURING THE FALL AND SPRING SEMESTERS. THE STUDENT BODY IS RICHLY DIVERSE AND IS COMPOSED OF TRADITIONAL AND NON-TRADITIONAL AGED STUDENTS WHO COMMUTE OR RESIDE ON CAMPUS. SPECIAL PROGRAMS EXIST FOR ADULT LEARNERS WHO WORK FULL TIME WHILE ATTENDING ACCELERATED PROGRAMS IN THE EVENING OR ON WEEKENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sr Mary Eileen O'brien Op President | OfficerTrustee | 35 | $264,558 |
Sr Kathleen Sullivan Op Chancellor | Trustee | 35 | $101,998 |
Steven T Sabatini Chairperson | OfficerTrustee | 10 | $0 |
Dr Joan H Facelle MD Vice Chairperson | OfficerTrustee | 2 | $0 |
John Bartolotta Trustee | Trustee | 3 | $0 |
Lawrence Bates Trustee (as Of 07/2021) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chartwells Dining Services Dining Services | 6/29/22 | $2,637,006 |
Aramark Services Inc Facilities Management | 6/29/22 | $2,421,321 |
Allied Universal Security Services Contract Security | 6/29/22 | $490,331 |
Sunrise Landscaping Services Inc Landscaping Services | 6/29/22 | $323,733 |
Paskill Stapleton & Lord Inc Marketing Services | 6/29/22 | $284,486 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,372,012 |
| Investment income | $243,512 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $25,027 |
| Net Rental Income | $85,300 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$45,617 |
| Net Income from Gaming Activities | $2,250 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,983,809 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $18,449,322 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $658,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,796,245 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,810,165 |
| Payroll taxes | $1,201,567 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,168 |
| Fees for services: Accounting | $162,004 |
| Fees for services: Lobbying | $117,600 |
| Fees for services: Fundraising | $133,650 |
| Fees for services: Investment Management | $54,843 |
| Fees for services: Other | $1,242,686 |
| Advertising and promotion | $1,329,657 |
| Office expenses | $252,457 |
| Information technology | $466,259 |
| Royalties | $0 |
| Occupancy | $4,044,019 |
| Travel | $50,270 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,442 |
| Interest | $1,001,494 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,315,232 |
| Insurance | $616,262 |
| All other expenses | $0 |
| Total functional expenses | $57,797,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,570 |
| Savings and temporary cash investments | $5,086,323 |
| Pledges and grants receivable | $104,066 |
| Accounts receivable, net | $2,328,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $94,301 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $215,121 |
| Investments—publicly traded securities | $9,782,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,238,183 |
| Total assets | $75,157,140 |
| Accounts payable and accrued expenses | $1,748,360 |
| Grants payable | $0 |
| Deferred revenue | $4,683,220 |
| Tax-exempt bond liabilities | $26,817,036 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,457,884 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,338,674 |
| Total liabilities | $41,045,174 |
| 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 | $34,111,966 |