Ohio Dominican University
- Assets
- $77.8m
- Revenue
- $50.1m
- Investments
- $0.0
- Employees
- 545
- Location
- Columbus, OH
- Founding
- 02/1972
- Data as of
- 06/2021
- EIN
- 31-4379560
Organization Overview
Ohio Dominican University is located in Columbus, OH. The organization was established in 1972. 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, Ohio Dominican University employed 545 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Dominican 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, Ohio Dominican University generated $50.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $47.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS A CATHOLIC LIBERAL ARTS UNIVERSITY IN THE DOMINICAN TRADITION, OHIO DOMINICAN UNIVERSITY IS GUIDED IN ITS EDUCATIONAL MISSION BY THE DOMINICAN MOTTO: TO CONTEMPLATE TRUTH AND TO SHARE WITH OTHERS THE FRUITS OF THIS CONTEMPLATION. OHIO DOMINICAN EDUCATES INDIVIDUALS COMMITTED TO INTELLECTUAL, SPIRITUAL AND PROFESSIONAL GROWTH, WHO DEVELOP INTO LIFELONG LEARNERS, SERVING OTHERS IN A GLOBAL SOCIETY. THEY IN TURN BECOME ETHICAL AND EFFECTIVE LEADERS GROUNDED IN THE PURSUIT OF TRUTH, JUSTICE AND PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OHIO DOMINICAN UNIVERSITY IS A CATHOLIC LIBERAL ARTS UNIVERSITY THAT ENCOURAGES ITS STUDENTS TO PURSUE A MEANINGFUL EDUCATION THAT FUELS INTELLECTUAL AND SPIRITUAL CURIOSITY. STUDENT ENROLLMENT FOR FY22 CONSISTED OF THE FOLLOWING: SUMMER 2021 = 333 FTE FALL 2021 = 1209 FTE SPRING 2022 = 1059 FTE
AUXILIARY ENTERPRISES ROOM AND BOARD CHARGES FOR 419 RESIDENT STUDENTS. THIS ALSO INCLUDES SOME BOARD CHARGES FOR COMMUTER AND NON-RESIDENT STUDENTS, FACULTY AND STAFF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman Elect | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 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 |
|---|---|---|
Sodexo Inc Dining & Facilities Management | 6/29/22 | $4,721,252 |
Eab Global Inc Consulting Group For Recruiting | 6/29/22 | $404,596 |
Ellucian Inc Data-computer Services | 6/29/22 | $230,281 |
Tp Mechanical Contractor - Hvac & Plumbing | 6/29/22 | $186,113 |
Cardinal Transportation Bus Services | 6/29/22 | $140,971 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,846,957 |
| Investment income | $317,136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $58,853 |
| Net Gain/Loss on Asset Sales | $1,561,364 |
| Net Income from Fundraising Events | $1,433 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $50,128,137 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $16,727,343 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,311,918 |
| Pension plan accruals and contributions | $125,975 |
| Other employee benefits | $1,523,764 |
| Payroll taxes | $888,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,090 |
| Fees for services: Accounting | $67,240 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150,055 |
| Fees for services: Other | $3,398,835 |
| Advertising and promotion | $645,780 |
| Office expenses | $267,861 |
| Information technology | $393,806 |
| Royalties | $0 |
| Occupancy | $1,842,112 |
| Travel | $246,393 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $119,248 |
| Interest | $3,313,455 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,855,335 |
| Insurance | $299,014 |
| All other expenses | $0 |
| Total functional expenses | $47,336,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,050 |
| Savings and temporary cash investments | $8,666,357 |
| Pledges and grants receivable | $103,900 |
| Accounts receivable, net | $1,296,973 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $450,310 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $279 |
| Investments—publicly traded securities | $22,500,735 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,644,968 |
| Total assets | $77,838,919 |
| Accounts payable and accrued expenses | $1,766,027 |
| Grants payable | $169,639 |
| Deferred revenue | $1,620,832 |
| Tax-exempt bond liabilities | $46,348,242 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $925,559 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $50,830,299 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $27,008,620 |