Wagner College
- Assets
- $223.3m
- Revenue
- $116.3m
- Investments
- $11.1m
- Employees
- 1,167
- Location
- Staten Island, NY
- Founding
- 04/1948
- Data as of
- 08/2021
- EIN
- 13-5604699
Organization Overview
Wagner College is located in Staten Island, NY. The organization was established in 1948. 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, Wagner College employed 1,167 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wagner College 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, Wagner College generated $116.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $109.4m during the year ending 08/2021. 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
WAGNER COLLEGE PREPARES STUDENTS FOR LIFE, AS WELL AS FOR CAREERS, BY EMPHASIZING - SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION AND SCHOLARSHIPS/FELLOWSHIPS: WAGNER COLLEGE SERVES 1,947 STUDENTS (FALL 2022 SEMESTER). WAGNER OFFERS PROGRAMS IN HUMANITIES, PERFORMING AND VISUAL ARTS, PROFESSIONAL PROGRAMS, THE SCIENCES, SOCIAL SCIENCES AND INTERDISCIPLINARY PROGRAMS. THE COLLEGE GRANTS THE DEGREES OF BACHELOR OF ARTS, BACHELOR OF SCIENCE, BACHELOR OF SCIENCE IN EDUCATION, MASTER OF BUSINESS ADMINISTRATION, MASTER OF SCIENCE IN EDUCATION, MASTER OF SCIENCE IN ACCOUNTING, MASTER OF SCIENCE IN NURSING, MASTER OF SCIENCE IN MICROBIOLOGY, MASTER OF SCIENCE IN ADVANCED PHYSICIAN ASSISTANT, EXECUTIVE MASTER IN BUSINESS ADMINISTRATION, AND DOCTOR OF NURSING PRACTICE. SCHOLARSHIPS AND FELLOWSHIPS ARE AWARDED TO APPROXIMATELY 90% OF ALL FULL-TIME STUDENTS THROUGH THE COLLEGE'S FINANCIAL AID OFFICE.
STUDENT SERVICES AND ACADEMIC SUPPORT: STUDENT SERVICES FOR 1,947 STUDENTS INCLUDE DEAN OF STUDENTS, ACADEMIC ADVISEMENT, ADMISSIONS, CHAPLAIN, CAREER PLANNING, HEALTH SERVICES, FINANCIAL AID, ORIENTATION, REGISTRAR COUNSELING, STUDENT GOVERNMENT, STUDENT ACTIVITIES BOARD, CAMPUS LIFE, AND SECURITY, AS WELL AS ATHLETIC SERVICES CONSISTING OF 24 VARSITY SPORTS TEAMS FOR MEN AND WOMEN. ACADEMIC SUPPORT SERVICES FOR 1,947 STUDENTS INCLUDE ACADEMIC AFFAIRS, TECHNOLOGY SERVICES, LIBRARY, LANGUAGE LAB, MEDIA SERVICES, NURSING LAB, AND SPIRO COMPUTER LAB.
AUXILIARY SERVICES: WAGNER COLLEGE PROVIDES RESIDENCE AND DINING SERVICES TO APPROXIMATELY 80% OF FULL-TIME UNDERGRADUATE STUDENTS.
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 |
|---|---|---|---|
Angelo G Araimo President And Trustee | OfficerTrustee | 50 | $392,300 |
Joel W Martin Former President And Trustee | 50 | $361,075 | |
John A Carrescia CFO & VP Of Finance | Officer | 50 | $254,557 |
Walter C Hameline VP Of Intercollegiate Athletics | Officer | 50 | $202,900 |
Jazzmine Glover-Wilson VP Workplace Culture And Inclusion | Officer | 50 | $183,206 |
Aarti Ivanic Dean Nicolais School Of Business | 50 | $187,352 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chartwells Food Services | 8/30/23 | $6,645,586 |
Torcon Construction Services | 8/30/23 | $5,869,836 |
O&d Builders Construction Services | 8/30/23 | $2,804,501 |
Omundsen Construction Corp Construction Services | 8/30/23 | $2,243,065 |
Dnp Builders Construction Services | 8/30/23 | $1,049,182 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,061,072 |
| Investment income | $2,293,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $100,000 |
| Net Gain/Loss on Asset Sales | $2,994,260 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,300,889 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $42,817,353 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,569,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,364,957 |
| Pension plan accruals and contributions | $1,651,514 |
| Other employee benefits | $8,915,559 |
| Payroll taxes | $1,949,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $183,384 |
| Fees for services: Accounting | $149,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $346,189 |
| Fees for services: Other | $617,446 |
| Advertising and promotion | $85,145 |
| Office expenses | $7,725,356 |
| Information technology | $747,673 |
| Royalties | $0 |
| Occupancy | $4,174,560 |
| Travel | $743,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,380 |
| Interest | $1,428,257 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,456,673 |
| Insurance | $956,350 |
| All other expenses | $0 |
| Total functional expenses | $109,365,517 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,154,989 |
| Pledges and grants receivable | $315,597 |
| Accounts receivable, net | $4,111,212 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,780,912 |
| Inventories for sale or use | $63,434 |
| Prepaid expenses and deferred charges | $1,265,266 |
| Investments—publicly traded securities | $107,033,790 |
| Investments—other securities | $11,060,155 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,952,175 |
| Total assets | $223,315,881 |
| Accounts payable and accrued expenses | $3,487,825 |
| Grants payable | $0 |
| Deferred revenue | $17,468,651 |
| Tax-exempt bond liabilities | $40,958,935 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,824,165 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,879,517 |
| Total liabilities | $77,619,093 |
| Net assets without donor restrictions | $36,984,009 |
| Net assets with donor restrictions | $108,712,779 |
| 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 | $145,696,788 |