Caldwell University Inc is located in Caldwell, NJ. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Caldwell University Inc employed 889 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Caldwell University Inc 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 06/2020, Caldwell University Inc generated $77.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $77.9m during the year ending 06/2020. While expenses have increased by 3.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PREPARE STUDENTS THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES TO THINK CRITICALLY, PURSUE TRUTH, AND CONTRIBUTE TO A JUST SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FALL 2021 TERM, THE UNIVERSITY SERVED A DIVERSE BODY OF 1,631 UNDERGRADUATE AND 467 GRADUATE STUDENTS. SIXTEEN PERCENT OF UNIVERSITY STUDENTS IDENTIFIED AS BLACK OR AFRICAN AMERICAN, TWENTY SEVEN PERCENT AS HISPANIC OF ANY RACE, FOUR PERCENT AS ASIAN, AND ONE PERCENT AS MULTIRACIAL. CALDWELL UNIVERSITY WAS RECOGNIZED BY THE U.S. DEPARTMENT OF EDUCATION AS A HISPANIC-SERVING INSTITUTION IN MARCH 2020. WOMEN COMPRISE 62 PERCENT OF THE UNIVERSITY'S UNDERGRADUATE STUDENTS AND EIGHTY-THREE PERCENT OF GRADUATE STUDENTS. NINE PERCENT OF CALDWELL UNDERGRADUATES ARE INTERNATIONAL STUDENTS REPRESENTING FORTY-TWO COUNTRIES, INCLUDING A SIZEABLE GROUP OF STUDENTS FROM NEPAL. FIVE HUNDRED AND ONE STUDENTS LIVE ON CAMPUS. EIGHTY-THREE PERCENT OF CALDWELL UNDERGRADUATES ARE FROM NEW JERSEY WITH ANOTHER TWENTY-TWO STATES AND TERRITORIES REPRESENTED. THE SHARE OF FIRST-TIME FRESHMEN THAT ARE FIRST-GENERATION IS SIGNIFICANT. FIFTY-TWO PERCENT OF FIRST-TIME FULL-TIME FRESHMEN HAVE PARENTS WHO DO NOT HAVE A BACHELOR'S DEGREE. NINETY-SIX PERCENT OF UNDERGRADUATES ATTEND FULL-TIME WHILE SEVENTY-FOUR PERCENT OF GRADUATE STUDENTS ATTEND PART-TIME.A 12:1 STUDENT TO FACULTY RATIO HIGHLIGHTS THE INDIVIDUALIZED MENTORSHIP AND INSTRUCTION THAT CHARACTERIZE A CALDWELL EDUCATION. TO ENABLE ACCESS TO THE UNIVERSITY FOR ALL DESERVING STUDENTS, CALDWELL CONTRIBUTED OVER $32M OF TOTAL FINANCIAL AID FOR SCHOLARSHIPS, GRANTS, AND OTHER AID. NINETY-NINE PERCENT OF FIRST-TIME FULL-TIME FRESHMEN RECEIVE SOME TYPE OF FINANCIAL AID (FEDERAL, STATE, LOANS, INSTITUTIONAL, AND/OR PRIVATE). STUDENTS CHOOSE CALDWELL BECAUSE OF ITS NATIONALLY RECOGNIZED PROGRAMS; SMALL CLASS SIZES; LOW TUITION; GENEROUS FINANCIAL AID; SECURE AND BEAUTIFUL CAMPUS; EMPHASIS ON DEVELOPING GLOBAL CITIZENS; PERSONALIZED ATTENTION AND ADVISING; VIBRANT STUDENT CLUBS AND ACTIVITIES; CONVENIENT AND FLEXIBLE CLASS SCHEDULES; STRONG ACADEMIC SUPPORT SERVICES; AND A LOCATION IN ONE OF NEW JERSEY'S BEST TOWNS WITH CLOSE PROXIMITY TO NEW YORK CITY. NINETY PERCENT OF RECENT BACHELOR'S DEGREE EARNERS ARE WORKING OR ENROLLED IN FURTHER EDUCATION. CALDWELL OFFERS OVER THIRTY UNDERGRADUATE DEGREE PROGRAMS AND OVER THIRTY GRADUATE DEGREE AND CERTIFICATE PROGRAMS, INCLUDING DOCTORAL PROGRAMS IN EDUCATION LEADERSHIP AND A DOCTORAL PROGRAM IN APPLIED BEHAVIOR ANALYSIS, THE FIRST IN NEW JERSEY. NEW ACADEMIC PROGRAMS ADDED INCLUDE A RANGE OF PROFESSIONAL CERTIFICATES IN BUSINESS AND COMMUNICATIONS FIELDS. NEW ATHLETIC AND STUDENT LIFE PROGRAMS LAUNCHED RECENTLY INCLUDE MEN'S RUGBY AND WOMEN'S ACROBATIC AND TUMBLING. ADDITIONAL ACADEMIC PROGRAMS AND SERVICES INCLUDE PROFESSIONAL AND PEER TUTORING; ACADEMIC COACHING; CAREER DEVELOPMENT SERVICES; A LEARNING COMMUNITY FOR UNDERPREPARED STUDENTS; AN HONORS PROGRAM; ACADEMIC INTERNSHIPS; AND THE EOF MENTORING AND FINANCIAL SUPPORT PROGRAM FOR STUDENTS FROM DISADVANTAGED BACKGROUNDS.CALDWELL WAS REACCREDITED IN 2015 BY THE MIDDLE STATES COMMISSION FOR HIGHER EDUCATION AND RECEIVED TWO COMMENDATIONS FROM THE COMMISSION FOR THE QUALITY OF ITS SELF-STUDY REPORT AND FOR THE INCLUSIVITY OF ITS PROCESS. SPECIALIZED ACCREDITATION FURTHER ATTESTS TO PROGRAM QUALITY AND VIGOR, PROVIDING GRADUATES WITH A DIFFERENTIATED CAREER CREDENTIAL AND ENABLING THEM TO STAND OUT COMPETITIVELY DURING HIRING AND ACCEPTANCE INTO ADVANCED DEGREE PROGRAMS. SPECIALIZED ACCREDITORS THAT HAVE AWARDED ACCREDITATION TO CALDWELL'S PROGRAMS INCLUDE THE ACCREDITATION COUNCIL FOR BUSINESS SCHOOLS AND PROGRAMS; COUNCIL FOR ACCREDITATION OF COUNSELING AND RELATED EDUCATION PROGRAMS; TEACHER EDUCATION ACCREDITATION COUNCIL; COMMISSION ON COLLEGIATE NURSING EDUCATION, COMMISSION ON ACCREDITATION OF ALLIED HEALTH EDUCATION PROGRAMS AND THE ASSOCIATION FOR BEHAVIOR ANALYSIS INTERNATIONAL. CALDWELL OFFERS ONE OF ONLY TWO CACREP-ACCREDITED ART THERAPY PROGRAMS IN THE NATION. CALDWELL IS A LEADER IN APPLIED BEHAVIOR ANALYSIS, A SCIENTIFIC DISCIPLINE KNOWN TO HELP CHILDREN WITH AUTISM SPECTRUM DISORDERS. THE COLLEGE'S STATE-OF-THE-ART AUTISM CENTER BENEFITS CHILDREN AND THEIR FAMILIES IN NEW JERSEY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy H Blattner PHD Opa Former President (left 6/30/2020) | 0 | $361,906 | |
Kevin Boyle VP Development & Alumni Affairs | Officer | 40 | $223,231 |
Sharon Reeve Professor | 40 | $203,612 | |
Barbara Chesler - Vp For Academic Affairs Thru 9/2020 | Officer | 40 | $199,345 |
Sheila O'rourke VP Of Operations | Officer | 40 | $199,143 |
Tina M Sidener Professor | 40 | $190,923 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Compass Group Uas Inc Facility Servces | 6/29/21 | $1,876,966 |
Gourmet Dining Services Llc Food Service | 6/29/21 | $1,516,267 |
Abc Maintenance Llc Construction | 6/29/21 | $303,827 |
G4s Security Solutions Inc Campus Security | 6/29/21 | $449,454 |
Graphic Imagery Inc Printing Services | 6/29/21 | $467,658 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,947,618 |
Investment income | $348,221 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $260,842 |
Net Gain/Loss on Asset Sales | $136,203 |
Net Income from Fundraising Events | -$2,980 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $77,683,574 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $32,264,327 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,384,115 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $18,259,447 |
Pension plan accruals and contributions | $471,979 |
Other employee benefits | $3,532,301 |
Payroll taxes | $1,685,055 |
Fees for services: Management | $68,099 |
Fees for services: Legal | $493,031 |
Fees for services: Accounting | $138,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $141,652 |
Fees for services: Other | $2,565,628 |
Advertising and promotion | $1,035,667 |
Office expenses | $1,015,150 |
Information technology | $164,496 |
Royalties | $0 |
Occupancy | $2,561,468 |
Travel | $262,698 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $326,753 |
Interest | $757,400 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,796,398 |
Insurance | $511,647 |
All other expenses | $0 |
Total functional expenses | $77,936,451 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,985,269 |
Savings and temporary cash investments | $721,373 |
Pledges and grants receivable | $626,905 |
Accounts receivable, net | $1,479,411 |
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 | $1,533,584 |
Investments—publicly traded securities | $7,473,370 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,681,511 |
Total assets | $57,447,313 |
Accounts payable and accrued expenses | $3,124,060 |
Grants payable | $0 |
Deferred revenue | $299,221 |
Tax-exempt bond liabilities | $18,297,735 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $3,671,059 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $3,633,000 |
Total liabilities | $29,025,075 |
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 | $28,422,238 |
Over the last fiscal year, we have identified 10 grants that Caldwell University Inc has recieved totaling $231,267.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $101,500 |
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: SCHOLARSHIPS & FINANCIAL AID | $100,000 |
Central Atlantic Collegiate Conference Inc New Haven, CT PURPOSE: To promote athletics within schools. | $10,164 |
The Union Printers Home Foundation Pittsburgh, PA PURPOSE: SCHOLARSHIP PAID TO UNIVERSITY ON BEHALF OF ELIZABETH BRODY. | $10,000 |
Sandy Hill Foundation Morristown, NJ PURPOSE: GENERAL FUND | $3,000 |
Linda Sue Pfarrer Nortillo Charitable Foundation Vero Beach, FL PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS CHARITABLE PURPOSE | $2,500 |
Beg. Balance | $5,188,671 |
Earnings | $2,133,472 |
Net Contributions | $3,724,624 |
Other Expense | $296,339 |
Ending Balance | $10,750,428 |
Organization Name | Assets | Revenue |
---|---|---|
Ithaca College Ithaca, NY | $834,703,732 | $365,679,639 |
Touro University New York, NY | $558,489,117 | $321,976,604 |
Saint Josephs University Philadelphia, PA | $901,366,941 | $347,052,680 |
Colgate University Treasurers Office Hamilton, NY | $1,984,946,016 | $378,114,548 |
Skidmore College Saratoga Springs, NY | $987,033,808 | $268,742,242 |
Lafayette College Easton, PA | $1,381,563,896 | $228,460,340 |
Swarthmore College Swarthmore, PA | $3,573,029,000 | $364,464,007 |
Barnard College New York, NY | $934,956,587 | $267,817,606 |
Gettysburg College Gettysburg, PA | $570,755,194 | $196,773,554 |
Trustees Of Hamilton College Clinton, NY | $1,394,895,135 | $220,131,728 |
Siena College Loudonville, NY | $358,979,613 | $209,305,526 |
St Lawrence University Canton, NY | $671,631,077 | $204,208,934 |