Ursinus College
- Assets
- $315.5m
- Revenue
- $127.8m
- Investments
- $28.8m
- Employees
- 1,270
- Location
- Collegeville, PA
- Founding
- 04/1941
- Data as of
- 06/2022
- EIN
- 23-1177930
Organization Overview
Ursinus College is located in Collegeville, PA. The organization was established in 1941. 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, Ursinus College employed 1,270 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ursinus 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 06/2022, Ursinus College generated $127.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $126.5m during the year ending 06/2022. While expenses have increased by 2.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UNDERGRADUATE EDUCATION THAT ENABLES STUDENTS TO BECOME INDEPENDENT, RESPONSIBLE, AND THOUGHTFUL INDIVIDUALS.
Describe the Organization's Program Activity:
ACADEMIC INSTRUCTION: URSINUS COLLEGE IS AN INDEPENDENT, FOUR YEAR LIBERAL ARTS COLLEGE FOUNDED IN 1869. THE MISSION OF THE COLLEGE IS TO ENABLE STUDENTS TO BECOME INDEPENDENT, RESPONSIBLE, AND THOUGHTFUL INDIVIDUALS THROUGH A PROGRAM OF LIBERAL EDUCATION. THE COLLEGE ENROLLS APPROXIMATELY 1,500 STUDENTS, APPROXIMATELY 92% OF WHOM LIVE IN COLLEGE RESIDENCE HALLS. AT THE START OF THE 2021-2022 ACADEMIC YEAR, THE COLLEGE ENROLLED 1,510 FULL-TIME EQUIVALENT STUDENTS FROM 35 STATES AND 11 COUNTRIES.
STUDENT SERVICES, INCLUDING HOUSING, ROOM & BOARD, AND ATHLETICS: THE COLLEGE OFFERS LIVING ACCOMMODATIONS FOR MOST OF ITS STUDENTS IN EITHER TRADITIONAL RESIDENCE HALLS INTEGRATED INTO THE CAMPUS, OR IN RENOVATED HISTORIC HOMES IN THE COMMUNITY THAT BORDER THE CAMPUS. STUDENTS MAY CHOOSE FROM A VARIETY OF MEAL PLANS AND MAY CHOOSE TO TAKE THEIR MEALS IN THE MAIN DINING HALL, OR IN ZACK'S, THE CAMPUS GRILL AND SNACK BAR. URSINUS OFFERS OPPORTUNITIES TO ACHIEVE ATHLETIC AND PERSONAL GOALS THROUGH INTERCOLLEGIATE ATHLETICS, CLUB SPORTS AND INTRAMURAL PROGRAMS. OVER 85% OF URSINUS STUDENTS INTEGRATE SOME ASPECT OF THE ATHLETIC PROGRAM INTO THEIR LIVES AT THE COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Wonderling Board Chair (res. 10/21) | OfficerTrustee | 2 | $0 |
Nina B Stryker ESQ Vice Chair | OfficerTrustee | 2 | $0 |
Wilbert D Abele Treasurer | OfficerTrustee | 2 | $0 |
William H Barnaby MD Voting Member | Trustee | 2 | $0 |
Patricia K Bowman Voting Member | Trustee | 2 | $0 |
Phillip Desimone Voting Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Monster Paving Inc Construction | 6/29/22 | $760,408 |
Sodexo Inc Food Service | 6/29/22 | $7,001,978 |
Olympus Building Services Inc Janitorial Services | 6/29/22 | $2,108,640 |
Phillycom Inc Information Tech Services | 6/29/22 | $402,361 |
Mediately Llc Marketing | 6/29/22 | $367,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $221,737 |
| Related organizations | $0 |
| Government grants | $5,027,888 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,472,350 |
| Noncash contributions included in lines 1a–1f | $1,950,176 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,721,975 |
| Total Program Service Revenue | $104,194,106 |
| Investment income | $976,371 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $14,408 |
| Net Rental Income | $426,413 |
| Net Gain/Loss on Asset Sales | $5,062,317 |
| Net Income from Fundraising Events | $47,123 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $127,755,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $56,155,041 |
| Grants and other assistance to Foreign Orgs/Individuals | $127,319 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,668,089 |
| Compensation of current officers, directors, key employees. | $1,361,131 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,424,921 |
| Pension plan accruals and contributions | $1,736,929 |
| Other employee benefits | $4,391,228 |
| Payroll taxes | $2,067,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $272,684 |
| Fees for services: Accounting | $96,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $362,812 |
| Fees for services: Other | $4,183,256 |
| Advertising and promotion | $566,855 |
| Office expenses | $3,202,806 |
| Information technology | $1,148,110 |
| Royalties | $0 |
| Occupancy | $3,350,978 |
| Travel | $968,802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,876 |
| Interest | $2,318,278 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,843,299 |
| Insurance | $1,101,186 |
| All other expenses | $352,658 |
| Total functional expenses | $126,487,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,463 |
| Savings and temporary cash investments | $16,251,751 |
| Pledges and grants receivable | $2,926,118 |
| Accounts receivable, net | $919,992 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $106,698 |
| Prepaid expenses and deferred charges | $1,145,196 |
| Net Land, buildings, and equipment | $137,069,838 |
| Investments—publicly traded securities | $116,202,181 |
| Investments—other securities | $28,824,042 |
| Investments—program-related | $582,182 |
| Intangible assets | $0 |
| Other assets | $11,249,152 |
| Total assets | $315,458,613 |
| Accounts payable and accrued expenses | $3,918,540 |
| Grants payable | $0 |
| Deferred revenue | $403,298 |
| Tax-exempt bond liabilities | $56,712,975 |
| 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 | $9,140,025 |
| Total liabilities | $70,174,838 |
| Net assets without donor restrictions | $115,269,314 |
| Net assets with donor restrictions | $130,014,461 |
| 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 | $315,458,613 |