Susquehanna University
- Assets
- $375.3m
- Revenue
- $150.3m
- Investments
- $90.4m
- Employees
- 1,802
- Location
- Selinsgrove, PA
- Founding
- 12/1937
- Data as of
- 06/2021
- EIN
- 23-1353385
Organization Overview
Susquehanna University is located in Selinsgrove, PA. The organization was established in 1937. 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, Susquehanna University employed 1,802 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Susquehanna 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 06/2021, Susquehanna University generated $150.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $154.5m during the year ending 06/2021. While expenses have increased by 3.3% 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.
Since 2015, Susquehanna University has awarded 35 individual grants totaling $1,425,253. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUSQUEHANNA UNIVERSITY EDUCATES STUDENTS FOR PRODUCTIVE, CREATIVE AND REFLECTIVE LIVES OF ACHIEVEMENT, LEADERSHIP, AND SERVICE IN A DIVERSE, DYNAMIC AND INTERDEPENDENT WORLD.
Describe the Organization's Program Activity:
SUSQUEHANNA UNIVERSITY IS A NATIONAL LIBERAL ARTS COLLEGE CURRENTLY ENROLLING APPROXIMATELY 2,200 FULL-TIME STUDENTS. FOUNDED IN 1858, THE UNIVERSITY GRANTS BACHELOR OF ARTS, BACHELOR OF FINE ARTS, BACHELOR OF MUSIC, BACHELOR OF SCIENCE AND MASTER OF EDUCATION DEGREES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Green President & CEO | Officer | 55 | $346,262 |
Dave Ramsaran Provost & Dean Of Faculty | Officer | 55 | $226,737 |
Michael Coyne Executive VP | Officer | 55 | $214,529 |
Melissa Komora VP Advancement | 55 | $197,130 | |
Matthew Rousu Dean School Of Business | 55 | $184,119 | |
Valerie Martin Assoc Prov/dean Of Arts & | 55 | $181,118 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sfgf Ii Llc Solar Electricity | 6/29/21 | $417,010 |
Ellucian Company Lp Software | 6/29/21 | $310,202 |
Teresa Cowdrey Enrollment Consulting | 6/29/21 | $215,700 |
Contaminations Source Identification Llc Covid Testing Services | 6/29/21 | $146,861 |
Educational Furniture Solutions Llc Furniture | 6/29/21 | $179,022 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,780,051 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,558,326 |
| Noncash contributions included in lines 1a–1f | $966,678 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,338,377 |
| Total Program Service Revenue | $131,798,158 |
| Investment income | $163,431 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,313,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $165,990 |
| Grants and other assistance to domestic individuals. | $76,633,143 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $928,580 |
| Compensation of current officers, directors, key employees. | $665,266 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,013,174 |
| Pension plan accruals and contributions | $2,211,290 |
| Other employee benefits | $6,561,297 |
| Payroll taxes | $2,188,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $215,396 |
| Fees for services: Accounting | $87,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,525 |
| Fees for services: Investment Management | $568,416 |
| Fees for services: Other | $4,963,666 |
| Advertising and promotion | $0 |
| Office expenses | $2,814,369 |
| Information technology | $1,610,413 |
| Royalties | $0 |
| Occupancy | $2,654,817 |
| Travel | $891,935 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $959,777 |
| Interest | $2,040,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,038,738 |
| Insurance | $163,878 |
| All other expenses | $2,937,313 |
| Total functional expenses | $154,512,008 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,713 |
| Savings and temporary cash investments | $7,215,644 |
| Pledges and grants receivable | $5,566,025 |
| Accounts receivable, net | $6,858,130 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | -$1,679 |
| Inventories for sale or use | $282,641 |
| Prepaid expenses and deferred charges | $1,059,525 |
| Net Land, buildings, and equipment | $118,548,498 |
| Investments—publicly traded securities | $139,711,768 |
| Investments—other securities | $90,429,352 |
| Investments—program-related | $1,145,072 |
| Intangible assets | $0 |
| Other assets | $4,497,342 |
| Total assets | $375,319,031 |
| Accounts payable and accrued expenses | $6,634,947 |
| Grants payable | $0 |
| Deferred revenue | $898,306 |
| Tax-exempt bond liabilities | $48,463,744 |
| 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 | $12,087,513 |
| Total liabilities | $68,084,510 |
| Net assets without donor restrictions | $135,201,932 |
| Net assets with donor restrictions | $172,032,589 |
| 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 | $375,319,031 |
Grants Awarded
Over the last fiscal year, Susquehanna University has awarded $165,990 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
SELINSGROVE BOROUGH PURPOSE: GENERAL SUPPORT | $106,990 |
SELINSGROVE AREA SCHOOL DISTRICT PURPOSE: GENERAL SUPPORT | $46,000 |
Selinsgrove, PA PURPOSE: GENERAL SUPPORT | $8,000 |
Selinsgrove, PA PURPOSE: GENERAL SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Susquehanna University has recieved totaling $26,146.
| Awarding Organization | Amount |
|---|---|
Friedman Memorial Scholarship Tr Uw Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $22,970 |
M Verna Butterer Educational Trust Fountainville, PA PURPOSE: SCHOLARSHIP PORTIONOF AWARD FOR EDUCATION | $3,076 |
John And Barbara Pagana Foundation Port St Lucie, FL PURPOSE: OPERATING | $100 |
Endowment Analysis
| Beg. Balance | $173,413,620 |
| Earnings | $34,298,413 |
| Net Contributions | $5,141,232 |
| Other Expense | $4,105,404 |
| Grants | $3,201,921 |
| Ending Balance | $205,545,940 |
Peer Organizations
| 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 |
Oberlin College Oberlin, OH | $1,432,118,020 | $305,531,376 |
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 |
Denison University Granville, OH | $1,502,847,785 | $275,909,448 |
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 |