Mount St Joseph University
- Assets
- $124.0m
- Revenue
- $69.8m
- Investments
- $451.1k
- Employees
- 968
- Location
- Cincinnati, OH
- Founding
- 06/1973
- Data as of
- 06/2022
- EIN
- 23-7179567
Organization Overview
Mount St Joseph University is located in Cincinnati, OH. The organization was established in 1973. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Mount St Joseph University employed 968 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount St Joseph 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 06/2022, Mount St Joseph University generated $69.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $66.5m during the year ending 06/2022. While expenses have increased by 4.8% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOUNT ST. JOSEPH UNIVERSITY IS A CATHOLIC ACADEMIC COMMUNITY GROUNDED IN THE SPIRITUAL VALUES AND VISION OF ITS FOUNDERS, THE SISTERS OF CHARITY. THE UNIVERSITY EDUCATES ITS STUDENTS THROUGH INTERDISCIPLINARY LIBERAL ARTS AND PROFESSIONAL CURRICULA EMPHASIZING VALUES, INTEGRITY AND SOCIAL RESPONSIBILITY. MEMBERS OF THE MOUNT COMMUNITY EMBRACE EXCELLENCE IN ACADEMIC ENDEAVORS, THE INTEGRATION OF LIFE AND LEARNING, RESPECT AND CONCERN FOR ALL PERSONS, DIVERSITY OF CULTURES AND BELIEFS, AND SERVICE TO OTHERS.
Describe the Organization's Program Activity:
UNDERGRADUATE EDUCATION - THE UNIVERSITY'S UNDERGRADUATE ACADEMIC PROGRAMS INSPIRE EXCELLENCE, INTELLECTUAL CHALLENGE, AND REAL LIFE EXPERIENCES. MAJORS ARE OFFERED IN BUSINESS, BEHAVIORAL AND NATURAL SCIENCES, EDUCATION, HEALTH SCIENCES, AND LIBERAL ARTS. IN ADDITION, STUDENTS HAVE THE OPPORTUNITY TO EXPAND LEARNING BEYOND THE CLASSROOM THROUGH COOPERATIVE EDUCATION, SERVICE LEARNING AND STUDY ABROAD PROGRAMS. THE UNIVERSITY OFFERS PROGRAMS TAILORED TO TRADITIONAL, ADULT AND PART-TIME STUDENTS. THE UNIVERSITY REPORTED ENROLLMENT OF 1,475 FOR THE 2021-2022 ACADEMIC YEAR.
STUDENT AND RESIDENCE LIFE - INCLUDES ADMISSION AND ENROLLMENT OF STUDENTS AS WELL AS PERSONAL AND CAREER SUPPORT. ALSO INCLUDES VARIOUS CAMPUS ACTIVITIES AND 24 ATHLETIC PROGRAMS. RESIDENCE LIFE IS COMMITTED TO PROVIDING QUALITY HOUSING FOR FULL-TIME SINGLE STUDENTS THAT ENHANCES THE EXPERIENCE OF EACH RESIDENT WHILE SUPPORTING ACADEMIC ACHIEVEMENT AND THE MISSION OF THE UNIVERSITY.
GRADUATE EDUCATION - OFFERS MASTERS AND DOCTORAL PROGRAMS. INSTRUCT AND PROVIDE ACADEMIC SUPPORT TO STUDENTS ENROLLED IN THOSE PROGRAMS. DEGREES INCLUDE EDUCATION, HEALTH SCIENCES, MBA AND ORGANIZATIONAL LEADERSHIP. THE UNIVERSITY REPORTED ENROLLMENT OF 589 FOR THE 2021-2022 ACADEMIC YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Name Not Listed Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Avi Foodsystems Inc Food Service/catering | 6/29/22 | $1,112,922 |
Messer Construction Co Construction | 6/29/22 | $855,443 |
Loogol Corp Information Technology Services | 6/29/22 | $268,905 |
Taft Legal Services | 6/29/22 | $259,804 |
Ernst & Young Llp Accounting Services | 6/29/22 | $124,655 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $180,751 |
| Related organizations | $98,915 |
| Government grants | $12,581,589 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,050,607 |
| Noncash contributions included in lines 1a–1f | $26,592 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,911,862 |
| Total Program Service Revenue | $49,302,613 |
| Investment income | $1,035,405 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,728,290 |
| Net Income from Fundraising Events | -$48,638 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,791,605 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $240,140 |
| Grants and other assistance to domestic individuals. | $19,369,657 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,121,173 |
| Compensation of current officers, directors, key employees. | $922,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,249,860 |
| Pension plan accruals and contributions | $1,174,035 |
| Other employee benefits | $3,332,946 |
| Payroll taxes | $1,621,034 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $196,760 |
| Fees for services: Accounting | $131,414 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $71,355 |
| Fees for services: Other | $2,117,250 |
| Advertising and promotion | $1,376,499 |
| Office expenses | $2,509,119 |
| Information technology | $589,399 |
| Royalties | $0 |
| Occupancy | $1,025,621 |
| Travel | $709,309 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $174,658 |
| Interest | $340,983 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,377,296 |
| Insurance | $419,628 |
| All other expenses | $981,750 |
| Total functional expenses | $66,513,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,234,175 |
| Savings and temporary cash investments | $2,447,834 |
| Pledges and grants receivable | $8,771,973 |
| Accounts receivable, net | $1,290,229 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,586,815 |
| Inventories for sale or use | $51,099 |
| Prepaid expenses and deferred charges | $1,058,357 |
| Net Land, buildings, and equipment | $36,311,337 |
| Investments—publicly traded securities | $68,530,938 |
| Investments—other securities | $451,066 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $263,847 |
| Total assets | $123,997,670 |
| Accounts payable and accrued expenses | $3,600,179 |
| Grants payable | $1,593,503 |
| Deferred revenue | $2,208,580 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $14,176,545 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,283,180 |
| Total liabilities | $22,861,987 |
| Net assets without donor restrictions | $60,412,199 |
| Net assets with donor restrictions | $40,723,484 |
| 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 | $123,997,670 |