St John Fisher University is located in Rochester, NY. The organization was established in 1970. 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 John Fisher University employed 2,030 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St John Fisher University 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 05/2023, St John Fisher University generated $157.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $156.1m during the year ending 05/2023. While expenses have increased by 3.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ST. JOHN FISHER IS A COLLABORATIVE COMMUNITY DEDICATED TO TEACHING AND LEARNING IN A PERSONALIZED EDUCATIONAL ENVIRONMENT. ST. JOHN FISHER IS GUIDED BY ITS CATHOLIC HERITAGE, AS EXPRESSED IN THE MOTTO OF ITS FOUNDERS, THE BASILIAN FATHERS: "TEACH ME GOODNESS, DISCIPLINE, AND KNOWLEDGE." THROUGH AN EDUCATION ROOTED IN THE LIBERAL ARTS, WE PREPARE INDIVIDUALS FOR LIVES OF INTELLECTUAL, PROFESSIONAL, AND CIVIC INTEGRITY, IN WHICH DIVERSITY AND SERVICE TO OTHERS ARE VALUED AND PRACTICED.
Describe the Organization's Program Activity:
INSTRUCTION: TO GIVE INSTRUCTION IN LIBERAL ARTS COURSES LEADING TO THE DEGREES OF BA, BS, BBA, MASTER SCIENCE, MBA, AND PHARM D.
AUXILIARY ENTERPRISES: TO SUPPORT THE INSTRUCTION FUNCTION.
STUDENT SERVICES: TO SUPPORT THE INSTRUCTION FUNCTION.
ACADEMIC SUPPORT: TO SUPPORT THE INSTRUCTION FUNCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerard J Rooney PHD President | OfficerTrustee | 35 | $475,669 |
Thomas G Bowles Chair | OfficerTrustee | 1 | $0 |
Philip H Yawman Vice Chair | OfficerTrustee | 1 | $0 |
Ronald D Billitier Board Of Trustees Member | Trustee | 1 | $0 |
Martin K Birmingham Board Of Trustees Member | Trustee | 1 | $0 |
Daniel J Boyce ESQ Board Of Trustees Member | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hamilton Stern Construction Llp Construction | 5/30/23 | $1,542,803 |
Jay Marketing & Communications Llc Marketing | 5/30/23 | $965,529 |
Cambridge Computer Services Computer Services/broker | 5/30/23 | $874,889 |
Lechase Construction Services Llc Construction | 5/30/23 | $631,648 |
Nixon Peabody Llc Legal Services | 5/30/23 | $575,491 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,658,558 |
All other contributions, gifts, grants, and similar amounts not included above | $5,624,371 |
Noncash contributions included in lines 1a–1f | $230,994 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,282,929 |
Total Program Service Revenue | $139,089,226 |
Investment income | $4,393,648 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $645 |
Net Income from Fundraising Events | -$23,698 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $157,095,376 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $48,572,147 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,963,990 |
Compensation of current officers, directors, key employees. | $718,957 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,809,999 |
Pension plan accruals and contributions | $2,843,910 |
Other employee benefits | $7,453,767 |
Payroll taxes | $3,582,233 |
Fees for services: Management | $0 |
Fees for services: Legal | $768,332 |
Fees for services: Accounting | $88,444 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $290,362 |
Fees for services: Other | $2,972,392 |
Advertising and promotion | $1,434,290 |
Office expenses | $3,350,195 |
Information technology | $3,147,780 |
Royalties | $0 |
Occupancy | $2,482,683 |
Travel | $2,248,490 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $420,597 |
Interest | $1,195,250 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,978,556 |
Insurance | $978,571 |
All other expenses | $114,850 |
Total functional expenses | $156,111,257 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $780,162 |
Savings and temporary cash investments | $25,711,174 |
Pledges and grants receivable | $9,330,781 |
Accounts receivable, net | $5,487,979 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $110,879 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,424,498 |
Net Land, buildings, and equipment | $153,017,693 |
Investments—publicly traded securities | $129,993,829 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,606,096 |
Total assets | $331,463,091 |
Accounts payable and accrued expenses | $17,320,587 |
Grants payable | $0 |
Deferred revenue | $9,082,607 |
Tax-exempt bond liabilities | $28,494,757 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,918,290 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,910,872 |
Total liabilities | $60,727,113 |
Net assets without donor restrictions | $214,614,863 |
Net assets with donor restrictions | $56,121,115 |
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 | $331,463,091 |