Saint Johns University
- Assets
- $539.7m
- Revenue
- $137.5m
- Investments
- $82.4m
- Employees
- 1,728
- Location
- Collegeville, MN
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 45-3656162
Organization Overview
Saint Johns University is located in Collegeville, MN. 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, Saint Johns University employed 1,728 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Saint Johns 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, Saint Johns University generated $137.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $110.1m during the year ending 06/2021. While expenses have increased by 0.0% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER THE VITALITY OF COMMUNITY THROUGH LEARNING AND THE PURSUIT OF WISDOM.
Describe the Organization's Program Activity:
INSTRUCTION: SAINT JOHN'S UNIVERSITY'S UNDERGRADUATE COLLEGE PROGRAMS ARE DESIGNED TO MEET THE NEEDS AND ASPIRATIONS OF YOUNG MEN, EMPHASIZING LEADERSHIP AND A PERSONAL DEVELOPMENT PROFILE THAT INCLUDES INTELLECTUAL, SPIRITUAL, EMOTIONAL AND PHYSICAL DEVELOPMENT. ITS VALUES-BASED AND VALUE-ADDED RESIDENTIAL LIBERAL ARTS EDUCATION PROVIDES THE FRAMEWORK FOR FULFILLING LIVES OF DISCIPLINED INQUIRY AND LEADERSHIP IN CAREERS DEVOTED TO THE PROFESSIONS, PUBLIC LIFE AND SERVICE TO OTHERS. UNDERGRADUATE FALL ENROLLMENT OF 1,557 FTE STUDENTS AND 374 GRADUATES. APPROXIMATELY 9 PERCENT OF GRADUATES GO DIRECTLY TO GRADUATE SCHOOL, WHILE THE REMAINDER CHOOSE TO FIND CAREER-RELATED POSITIONS OR ENTER SERVICE WORK.SAINT JOHN'S SCHOOL OF THEOLOGY: SEMINARY GRADUATE PROGRAM FOR MEN AND WOMEN IS A RICH AND DIVERSE LEARNING COMMUNITY IN THE BENEDICTINE TRADITION, WHERE STUDENTS RECEIVE STRONG SUPPORT FOR THEIR ACADEMIC AND SPIRITUAL DEVELOPMENT. THE GRADUATE PROGRAM OFFERS THE MASTER OF ARTS DEGREE IN THEOLOGY, LITURGICAL STUDIES, LITURGICAL MUSIC, PASTORAL MINISTRY, AND A MASTER OF DIVINITY DEGREE. THESE DEGREES PREPARE STUDENTS FOR ORDINATION TO THE ROMAN CATHOLIC PRIESTHOOD AND DEACONATE, FOR LAY MINISTRY, TEACHING, AND FURTHER ACADEMIC STUDY. GRADUATE FALL ENROLLMENT OF 64 FTE AND 26 GRADUATES.
STUDENT SERVICES AND PROGRAMMING: THROUGH A FOUR-YEAR RESIDENTIAL PROGRAM, NEARLY ALL STUDENTS (86%) LIVE ON CAMPUS. SAINT JOHN'S UNIVERSITY'S STUDENT DEVELOPMENT PROGRAMS PROMOTE THE HEALTH, SAFETY, LEARNING, GROWTH, AND DEVELOPMENT OF STUDENTS WITHIN THE CONTEXT OF COMMUNITY. WE ARE PARTICULARLY ATTENTIVE TO COLLEGE MEN AND THEIR ENGAGEMENT AND REFLECTION IN WAYS THAT ARE CONSISTENT WITH OUR CATHOLIC, BENEDICTINE, RESIDENTIAL, LIBERAL ARTS IDENTITY AND CHARACTER. THE FACULTY RESIDENT PROGRAM IS A DISTINCTIVE PART OF CAMPUS LIFE, WHEREBY BENEDICTINE PROFESSORS AND ADMINISTRATORS LIVE IN THE RESIDENCE AREAS AND SERVE AS ADULT MENTORS.
AUXILIARY SERVICES: AS A RURAL RESIDENTIAL CAMPUS, ST. JOHN'S UNIVERSITY OPERATES ITS AUXILIARY SERVICES TO ENHANCE THE EDUCATIONAL EXPERIENCE BY BUILDING A SENSE OF COMMUNITY. THESE AUXILIARY OPERATIONS PROVIDE SERVICES SUCH AS HOUSING, FOOD SERVICE, AND THE BOOKSTORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hemesath Former President | 60 | $362,433 | |
Richard Adamson VP Of Finance And Administration-Treasurer | Officer | 50 | $243,247 |
Robert Culligan VP Of Institutional Advancement | Officer | 50 | $233,241 |
Richard Ice Provost | Officer | 50 | $207,925 |
John Young Assoc VP Institutional Advancement | 50 | $142,588 | |
Michael Connolly VP Of Student Development | 50 | $137,881 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Order Of Saint Benedict Maintenance, Repairs And Services | 6/29/21 | $3,379,287 |
The Registry Interim Replacement | 6/29/21 | $452,200 |
Epa Audio Visual Inc Audio & Visual Installation | 6/29/21 | $653,235 |
Breitbach Construction Construction | 6/29/21 | $2,142,485 |
John Roberts Co Book Binding & Printing | 6/29/21 | $504,641 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,325 |
| Related organizations | $0 |
| Government grants | $3,538,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,688,633 |
| Noncash contributions included in lines 1a–1f | $3,614,568 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,242,566 |
| Total Program Service Revenue | $90,034,827 |
| Investment income | $5,785,871 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $21,022 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,333,891 |
| Net Income from Fundraising Events | $17,472 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $622,899 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $137,542,573 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,405 |
| Grants and other assistance to domestic individuals. | $43,232,838 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,047,053 |
| Compensation of current officers, directors, key employees. | $838,803 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,197,755 |
| Pension plan accruals and contributions | $1,824,102 |
| Other employee benefits | $6,816,881 |
| Payroll taxes | $1,891,636 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $372,120 |
| Fees for services: Accounting | $73,286 |
| Fees for services: Lobbying | $122,074 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,594,374 |
| Fees for services: Other | $1,980,741 |
| Advertising and promotion | $459,734 |
| Office expenses | -$144,749 |
| Information technology | $887,731 |
| Royalties | -$1,821 |
| Occupancy | $8,414,192 |
| Travel | $228,908 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $360,800 |
| Interest | $270,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,346,764 |
| Insurance | $216,098 |
| All other expenses | -$585,537 |
| Total functional expenses | $110,139,640 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,788,116 |
| Pledges and grants receivable | $5,930,204 |
| Accounts receivable, net | $1,477,724 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,720,483 |
| Prepaid expenses and deferred charges | $509,227 |
| Net Land, buildings, and equipment | $149,376,485 |
| Investments—publicly traded securities | $237,301,342 |
| Investments—other securities | $82,377,534 |
| Investments—program-related | $1,488,428 |
| Intangible assets | $0 |
| Other assets | $32,751,717 |
| Total assets | $539,721,260 |
| Accounts payable and accrued expenses | $7,953,828 |
| Grants payable | $1,631,245 |
| Deferred revenue | $2,164,444 |
| Tax-exempt bond liabilities | $51,594,981 |
| Escrow or custodial account liability | $266,087 |
| 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 | $12,038,601 |
| Total liabilities | $75,649,186 |
| Net assets without donor restrictions | $249,714,955 |
| Net assets with donor restrictions | $214,357,119 |
| 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 | $539,721,260 |
Grants Awarded
Over the last fiscal year, Saint Johns University has awarded $41,199 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: GENERAL OPERATING SUPPORT | $33,699 |
St Cloud, MN PURPOSE: COMMUNITY DEVELOPMENT | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Saint Johns University has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Annexstad Family Foundation Mound, MN PURPOSE: SCHOLARSHIP | $20,000 |
Endowment Analysis
| Beg. Balance | $205,997,332 |
| Earnings | $71,708,476 |
| Net Contributions | $7,153,703 |
| Other Expense | -$423,230 |
| Grants | $7,413,880 |
| Ending Balance | $277,868,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marquette University Milwaukee, WI | $1,675,810,000 | $679,500,550 |
University Of St Thomas St Paul, MN | $1,542,547,921 | $470,760,335 |
Drake University Des Moines, IA | $538,166,489 | $252,974,293 |
St Catherine University St Paul, MN | $366,048,829 | $154,511,110 |
Carthage College Kenosha, WI | $408,772,143 | $125,157,339 |
Saint Johns University Collegeville, MN | $539,721,260 | $137,542,573 |
Trustees Of The Hamline University Of Minnesota St Paul, MN | $258,196,075 | $118,390,066 |
St Ambrose University Davenport, IA | $330,550,712 | $111,513,726 |
St Marys University Of Minnesota Winona, MN | $202,355,583 | $108,114,364 |
University Of Dubuque Dubuque, IA | $403,203,443 | $110,402,473 |
Concordia University St Paul St Paul, MN | $168,274,815 | $110,114,191 |
University Of Mary Bismarck, ND | $217,782,844 | $95,416,601 |