Desales University is located in Center Valley, PA. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Desales University employed 1,819 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Desales 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, Desales University generated $127.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $119.1m during the year ending 06/2021. While expenses have increased by 3.0% 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 2018, Desales University has awarded 11 individual grants totaling $130,414. 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
THE MISSION OF DESALES UNIVERSITY IS TO PROVIDE MEN AND WOMEN WITH QUALITY HIGHER EDUCATION ACCORDING TO THE PHILOSOPHY OF CHRISTIAN HUMANISM AS DEVELOPED BY SAINT FRANCIS DE SALES AND HIS SPIRITUAL HEIRS. THE UNIVERSITY IMPARTS KNOWLEDGE ABOUT AND DEVELOPS TALENTS FOR PERSONAL, FAMILIAL, AND SOCIETAL LIVING. DESALES UNIVERSITY ENRICHES THE HUMAN COMMUNITY AND ENCHANCES THE DIGNITY OF THE INDIVIDUAL THROUGH ITS EDUCATIONAL ENDEAVORS. IN ITS WORK, THE UNIVERSITY FOSTERS A VITAL AND RESPECTFUL DIALOGUE BETWEEN ROMAN CATHOLIC FAITH AND HUMAN CULTURE.
Describe the Organization's Program Activity:
DESALES UNIVERSITY IS A MEDIUM-SIZED, PRIVATE, FOUR-YEAR CATHOLIC UNIVERSITY WITH A SALESIAN MISSION ADMINISTERED BY THE OBLATES OF ST. FRANCIS DE SALES. STUDENTS AT DESALES ARE EXPOSED TO CATHOLIC TEACHINGS BUT ARE ALSO AFFORDED THE LUXURY OF EXPLORING IN AN ATMOSPHERE OF INTELLECTUAL FREEDOM. IT IS THE MISSION OF DESALES UNIVERSITY TO INSPIRE TRANSFORMATIVE LEARNING THROUGH THE LIBERAL ARTS AND PROFESSIONAL STUDIES BY ENERGIZING STUDENTS TO BE WHO THEY ARE AND BE THAT WELL. THE PHILOSOPHY OF DESALES UNIVERSITY IS FIRMLY AND PUBLICLY COMMITTED TO THE PRINCIPLES OF ROMAN CATHOLIC DOCTRINE AND MORALITY. IT ALSO FULLY RECOGNIZES THAT THE SEARCH FOR TRUTH REQUIRES AN ATMOSPHERE OF INTELLECTUAL FREEDOM, AND THAT LOVE DEMANDS AN OPENNESS TO ALL THAT IS GOOD. DESALES CAREFULLY DISTINGUISHES BETWEEN THE FREE PURSUIT OF TRUTH - WHICH IT GUARANTEES EVERY MEMBER OF THE CAMPUS COMMUNITY - AND ITS OWN COMMITMENT TO THE TEACHINGS OF THE CATHOLIC CHURCH. FOR DESALES UNIVERSITY, CHRISTIAN HUMANISM MEANS THAT EVERY ASPECT OF HUMAN EXPERIENCE IS CAPABLE OF ENLIGHTENMENT BY THE GOSPEL OF JESUS CHRIST. THIS GOSPEL BRINGS LIGHT TO EACH DIMENSION OF PERSONAL EXISTENCE (PHYSICAL, INTELLECTUAL, SOCIAL, MORAL, AESTHETIC, AND RELIGIOUS) AND EVERY ENVIRONMENTAL DOMAIN (NATURAL WORLD, SOCIAL INSTITUTIONS, CULTURAL ACHIEVEMENTS, HISTORICAL PERIODS, AND RELIGIOUS SOCIETIES). THE ENCOUNTER BETWEEN THE WORD OF GOD AND THE CONCRETE WORLD OF THE HUMAN PERSON MAKES A FULLY MEANINGFUL EXISTENCE POSSIBLE. DESALES UNIVERSITY STRIVES TO TEACH THE STUDENT WHAT IT MEANS TO BE CHRISTIAN IN A SALESIAN WAY, WHAT IT MEANS TO EMBRACE ONE'S OWN LIFE, AND WHAT IT MEANS TO BRING THIS GOOD NEWS TO THE HUMAN FAMILY.THE DESALES MAIN CAMPUS IS LOCATED IN CENTER VALLEY, PA ON 550 ACRES APPROXIMATELY 50 MILES NORTH OF PHILADELPHIA, PA AND 90 MILES SOUTHWEST OF NEW YORK CITY. THE UNIVERSITY OFFERS TRADITIONAL, ONLINE, AND HYBRID COURSES AND PROGRAMS AT THE UNDERGRADUATE AND GRADUATE LEVELS. DESALES UNIVERSITY IS ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION (MSCHE). SEVERAL PROGRAM-SPECIFIC ACCREDITATIONS ARE ALSO HELD BY THE UNIVERSITY INCLUDING THE ACCREDITATION REVIEW COMMISSION ON EDUCATION FOR THE PHYSICIAN ASSISTANT (ARC-PA), COMMISSION ON COLLEGIATE NURSING EDUCATION (CCNE), THE COMMISSION ON ACCREDITATION IN PHYSICAL THERAPY EDUCATION (CAPTE), THE ASSOCIATION OF COLLEGIATE BUSINESS SCHOOLS AND PROGRAMS (ACBSP), AND CERTIFIED FINANCIAL PLANNER BOARD REGISTERED PROGRAMS. DESALES HAS ALSO BEEN APPROVED BY THE PENNSYLVANIA DEPARTMENT OF EDUCATION (PDE) TO PARTICIPATE IN THE NATIONAL COUNCIL FOR STATE AUTHORIZATION RECIPROCITY AGREEMENTS (NC-SARA) FOR POSTSECONDARY DISTANCE EDUCATION.THE UNIVERSITY OFFERS OVER 40 BACHELOR'S DEGREES, 8 MASTER'S DEGREES, AND 2 DOCTORAL DEGREES IN A WIDE RANGE OF DISCIPLINES. OVER 30 UNDERGRADUATE AND GRADUATE CERTIFICATE PROGRAMS ARE ALSO OFFERED. OVER 40 DEGREE AND CERTIFICATE PROGRAMS ARE OFFERED VIA DISTANCE EDUCATION WITH 22% OF STUDENTS ENROLLED EXCLUSIVELY IN DISTANCE EDUCATION AND ANOTHER 23% ENROLLED IN AT LEAST ONE DISTANCE COURSE.AS OF OFFICIAL CENSUS IN FALL 2021, DESALES UNIVERSITY ENROLLED A TOTAL OF 3,101, WITH 2,309 UNDERGRADUATE STUDENTS AND 792 GRADUATE STUDENTS. THE STUDENT-FACULTY RATIO AT DESALES UNIVERSITY IS 12:1, AND THE SCHOOL HAS 61% OF ITS CLASSES WITH FEWER THAN 20 STUDENTS. THE FRESHMAN RETENTION RATE, AN INDICATOR OF STUDENT SATISFACTION, IS 82%. WITHIN SIX YEARS, 70% OF FULL-TIME, FIRST-YEAR STUDENTS GRADUATE WITH A BACHELOR'S DEGREE. THE MOST POPULAR UNDERGRADUATE MAJORS AT DESALES UNIVERSITY INCLUDE NURSING, BIOLOGY, MEDICAL STUDIES, BUSINESS ADMINISTRATION, THEATRE, AND PSYCHOLOGY. MORE THAN 95% OF UNDERGRADUATE, FULL-TIME TRADITIONAL STUDENTS RECEIVE SOME FORM OF FINANCIAL AID.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Snyder VP Finance & Administration | Officer | 53 | $230,142 |
Dr Gerard Joyce Executive Vice President | Officer | 50 | $202,733 |
Dr David Gilfoil Vp, Strat. Planning/business Init. | Officer | 45 | $198,241 |
Dr Christopher Cocozza Chair For Division Of Business | 45 | $178,623 | |
Dr Mary Elizabeth Tadduni Chair For Division Of Nursing | 45 | $174,324 | |
Dr Robert Blumenstein Dean Of Undergraduate Studies | 45 | $174,303 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Computer Aid Inc It Services | 6/29/21 | $1,299,940 |
Oblates Of St Francis Desales Management & Instr. | 6/29/21 | $938,823 |
Godshall's Landscape & Hydroseed Lawn, Landscaping, Snow Services | 6/29/21 | $687,634 |
Morgan Stanley Investment Services | 6/29/21 | $425,834 |
Valley Builders Construction | 6/29/21 | $684,821 |
Statement of Revenue | |
---|---|
Federated campaigns | $55,461 |
Membership dues | $0 |
Fundraising events | $364,077 |
Related organizations | $0 |
Government grants | $9,646,471 |
All other contributions, gifts, grants, and similar amounts not included above | $2,445,506 |
Noncash contributions included in lines 1a–1f | $246,158 |
Total Revenue from Contributions, Gifts, Grants & Similar | $12,511,515 |
Total Program Service Revenue | $105,289,335 |
Investment income | $1,236,385 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $56,872 |
Net Gain/Loss on Asset Sales | $8,441,801 |
Net Income from Fundraising Events | -$26,787 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $127,653,675 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $43,090,422 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,541,536 |
Compensation of current officers, directors, key employees. | $944,183 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $30,402,087 |
Pension plan accruals and contributions | $1,265,545 |
Other employee benefits | $6,161,226 |
Payroll taxes | $2,335,547 |
Fees for services: Management | $0 |
Fees for services: Legal | $88,984 |
Fees for services: Accounting | $107,742 |
Fees for services: Lobbying | $47,160 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $463,563 |
Fees for services: Other | $3,277,487 |
Advertising and promotion | $1,199,942 |
Office expenses | $2,736,738 |
Information technology | $3,201,939 |
Royalties | $0 |
Occupancy | $3,058,609 |
Travel | $259,635 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $287,452 |
Interest | $1,420,297 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,287,373 |
Insurance | $700,058 |
All other expenses | $1,399,326 |
Total functional expenses | $119,109,415 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,740 |
Savings and temporary cash investments | $12,816,882 |
Pledges and grants receivable | $1,111,184 |
Accounts receivable, net | $1,677,396 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,405,897 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $737,844 |
Net Land, buildings, and equipment | $131,567,512 |
Investments—publicly traded securities | $102,426,143 |
Investments—other securities | $13,035,955 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,022,090 |
Total assets | $267,808,643 |
Accounts payable and accrued expenses | $6,223,380 |
Grants payable | $0 |
Deferred revenue | $5,270,736 |
Tax-exempt bond liabilities | $52,716,133 |
Escrow or custodial account liability | $5,563,692 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $759,644 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,139,238 |
Total liabilities | $71,672,823 |
Net assets without donor restrictions | $148,228,140 |
Net assets with donor restrictions | $47,907,680 |
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 | $267,808,643 |
Over the last fiscal year, Desales University has awarded $70,414 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
OBLATES OF ST FRANCIS PURPOSE: GALA SPONSOR | $15,000 |
OBLATES OF ST FRANCIS PURPOSE: GALA SPONSOR | $15,000 |
Stirling, NJ PURPOSE: GENERAL OPERATIONS | $10,207 |
Stirling, NJ PURPOSE: GENERAL OPERATIONS | $10,207 |
Wilmington, DE PURPOSE: GALA SPONSOR | $10,000 |
Wilmington, DE PURPOSE: GALA SPONSOR | $10,000 |
Over the last fiscal year, we have identified 2 grants that Desales University has recieved totaling $9,683.
Awarding Organization | Amount |
---|---|
The Alfred Wolfer Education Trust C/O Pnc Bank Na Pittsburgh, PA PURPOSE: SCHOLARSHIPS | $5,683 |
Hollander Memorial Foundation Inc Linwood, NJ PURPOSE: SCHOLARSHIP | $4,000 |
Beg. Balance | $80,528,940 |
Earnings | $18,026,068 |
Admin Expense | $463,563 |
Net Contributions | $2,169,241 |
Grants | $1,793,614 |
Ending Balance | $98,467,072 |
Organization Name | Assets | Revenue |
---|---|---|
Fordham University Bronx, NY | $2,430,141,698 | $953,892,663 |
Rochester Institute Of Technology Rochester, NY | $2,526,196,996 | $1,071,324,345 |
St Johns University New York Jamaica, NY | $1,703,677,283 | $798,473,536 |
University Of Dayton Dayton, OH | $1,782,604,426 | $747,930,230 |
Villanova University Villanova, PA | $2,287,455,797 | $872,271,471 |
Rensselaer Polytechnic Institute Troy, NY | $1,598,843,813 | $653,047,178 |
Rockefeller University New York, NY | $4,263,008,941 | $535,346,959 |
Lehigh University Bethlehem, PA | $3,057,301,515 | $713,288,867 |
The New School New York, NY | $1,263,076,833 | $558,997,855 |
Hofstra University Hempstead, NY | $1,538,245,078 | $606,887,297 |
American University Of Beirut New York, NY | $1,902,791,001 | $608,300,843 |
Seton Hall University South Orange, NJ | $890,349,000 | $473,034,000 |