Association Of Proprietary Colleges
- Assets
- $1.2m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Albany, NY
- Founding
- 11/1991
- Data as of
- 09/2022
- EIN
- 14-1742188
Organization Overview
Association Of Proprietary Colleges is located in Albany, NY. The organization was established in 1991. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Proprietary Colleges is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2022, Association Of Proprietary Colleges generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $962.1k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
APC COLLEGES EDUCATE DIVERSE STUDENT BODIES WITH THE KNOWLEDGE AND COMPETENCIES NEEDED FOR TOMORROW'S CAREERS. WORKING CLOSELY WITH THE COMMUNITY EMPLOYERS, OUR INSTITUTIONS DEVELOP RELEVANT AND MEANINGFUL CURRICULA FOR AN INCREASINGLY COMPETITIVE MARKETPLACE. THIS MISSION IS GROUNDED IN APC'S COMMITMENT TO HIGH EDUCATIONAL STANDARDS THROUGH ASSESSMENT OF MEASURABLE INSTITUTIONAL OUTCOMES THAT ENSURE SIGNIFICANT AND SUSTAINABLE CONTRIBUTIONS TO THE ECONOMIC GROWTH OF NEW YORK STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE HIGHER EDUCATION THROUGH A VARIETY OF ACTIVITIES SPONSORED BY APPROXIMATELY ELEVEN COLLEGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Stelling-Gurnett President & | Officer | 40 | $111,890 |
David Cohen Chair | OfficerTrustee | 1 | $0 |
Timothy Luing Treasurer | OfficerTrustee | 1 | $0 |
Mary Beth Del Balzo Secretary | OfficerTrustee | 1 | $0 |
Stephen Jerome Chair Emerit | OfficerTrustee | 1 | $0 |
Francis Felser Vice Chair | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Duane Morris Llp Legal Assist | 9/29/22 | $156,976 |
Hinman Straub Advisors Llc Legal & Legisla | 9/29/22 | $151,335 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $989,450 |
| Investment income | $32,510 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,357 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,027,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $140,128 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $780 |
| Payroll taxes | $9,123 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $127,556 |
| Fees for services: Accounting | $13,130 |
| Fees for services: Lobbying | $136,520 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,810 |
| Fees for services: Other | $267,234 |
| Advertising and promotion | $98,532 |
| Office expenses | $2,630 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,216 |
| Travel | $7,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $88,093 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $432 |
| Insurance | $2,078 |
| All other expenses | $0 |
| Total functional expenses | $962,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,721 |
| Savings and temporary cash investments | $141,649 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,400 |
| 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 | $6,189 |
| Net Land, buildings, and equipment | $2,038 |
| Investments—publicly traded securities | $857,055 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,178,052 |
| Accounts payable and accrued expenses | $49,468 |
| Grants payable | $0 |
| Deferred revenue | $39,600 |
| Tax-exempt bond liabilities | $0 |
| 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 | $0 |
| Total liabilities | $89,068 |
| Net assets without donor restrictions | $1,088,984 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,178,052 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
St Thomas Aquinas College Sparkill, NY | $109,572,323 | $32,266,792 |
United Federation Of Teachers Health Care Chapter Bene New York, NY | $44,363,289 | $35,536,855 |
New Jersey Education Association Trenton, NJ | $44,298,969 | $35,727,105 |
Educators For Excellence New York, NY | $11,862,127 | $12,667,542 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
New England Association Of Schools & Colleges Inc Lowell, MA | $16,030,739 | $7,781,290 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
National Association For Communitycollege Entrepreneurship Inc Springfield, MA | $6,289,800 | $9,180,513 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Center For Educational Innovation New York, NY | $3,305,790 | $4,609,505 |