Lackawanna College

Organization Overview

Lackawanna College is located in Scranton, PA. The organization was established in 1960. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Lackawanna College employed 717 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lackawanna 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 06/2021, Lackawanna College generated $37.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $30.2m 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT HIGHER EDUCATIONAL INSTITUTION WHOSE MISSION IS TO PROVIDE A QUALITY EDUCATION TO ALL PERSONS WHO SEEK TO IMPROVE THEIR LIVES AND BETTER THE COMMUNITIES IN WHICH THEY LIVE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUITION & FEES FOR DEGREE AND ACT 120 EDUCATIONAL SERVICES. LACKAWANNA COLLEGE IS AN ACCREDITED, PRIVATE, NON-PROFIT EDUCATIONAL INSTITUTION PROVIDING OPPORTUNITIES FOR CAREER AND PERSONAL DEVELOPMENT WITHIN SELECTED DEGREES. ALL MUNICIPAL POLICE OFFICER CANDIDATES ARE REQUIRED TO UNDERTAKE THE MUNICIPAL POLICE OFFICERS EDUCATION AND TRAINING PROGRAM, ACT 120 PRIOR TO THEIR CERTIFICATION TO SERVE AS POLICE OFFICERS IN PENNSYLVANIA.


AUXILIARY ENTERPRISE REVENUE GENERATED FROM RESIDENT HOUSING, FACILITIES RENTAL, ROYALITIES, COMMUNITY SERVICE EDUCATIONAL PROGRAMS, AND CULTURAL EVENTS. THE COLLEGE PROVIDES RESIDENT HOUSING FOR FULL TIME STUDENTS WHO FALL OUTSIDE OF THE COLLEGE'S GEOGRAPHICAL COMMUTING BOUNDARIES. THE COLLEGE IS PAID ROYALTIES FOR LEASING UNUSED BANDWITH OF ITS BROADBAND TRANSMISSION LICENSE. THE COLLEGE LEASES FACILITIES TO OTHER NONPROFIT EDUCATIONAL ORGANIZATIONS. THE COLLEGE HOLDS CULTURAL EVENETS AND ENVIRONMENTAL EDUCATION PROGRAMS OPEN TO THE GENERAL PUBLIC.


CONTINUING EDUCATION AND MISCELLANEOUS PROGRAM REVENUE.LACKAWANNA COLLEGE'S CONTINUING EDUCATION DEPARTMENT ADDRESSES THE NEEDS OF THE COMMUNITY THAT DO NOT FALL UNDER THE TRADITIONAL COLLEGE CREDIT STRUCTURE.THE CONTINUING EDUCATION DEPARTMENT OFFERS A VARIETY OF COURSES FOR BOTH PERSONAL AND PROFESSIONAL DEVELOPMENT. INDIVIDUALS MAY CHOOSE COURSES THAT FILL A PERSONAL NEED, DEVELOP BASIC SKILLS, PROVIDE RETRAINING FOR NEW CAREER OR ALLOW ADVANCEMENT IN THEIR CURRENT CAREERS. CONTINUING EDUCATION OFFERINGS INCLUDE CREDIT AND NON-CREDIT COURSES, CERTIFICATE PROGRAMS, SPECIALIZED JOB TRAINING AND SEMINARS.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Jill Murray
President
$139,135
Erica Barone Pricci
Provost
$110,773
Thomas Eltringham
Chief Operating Officer
$103,236
John Risboskin
VP For Finance And Adminis
$103,063
Renee Mundy
VP For Human Resources
$101,923
Brian Costanzo
VP For Govt Affairs
$101,179

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Metz Culinary Management
Food Service
$699,775
Jp Lilley & Sons Inc
Audio/visual Technology
$426,238
A Book Company Llc
Bookstore
$356,488
Universal Protection Services
Security
$206,683
Craft & Associates Inc
Marketing Service
$383,692
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,103,850
All other contributions, gifts, grants, and similar amounts not included above$623,498
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,727,348
Total Program Service Revenue$33,464,752
Investment income $203,061
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $155,241
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,550,402

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lackawanna College has recieved totaling $50,000.

Awarding OrganizationAmount
Hawk Family Foundation

Dunmore, PA

PURPOSE: CHARITABLE PLEDGE

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,005,079
Earnings$1,769,229
Net Contributions$64,450
Other Expense$1,161,543
Ending Balance$9,677,215

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