Hodges University Inc

Organization Overview

Hodges University Inc is located in Ft Myers, FL. The organization was established in 1977. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Hodges University Inc employed 247 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hodges University Inc 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, Hodges University Inc generated $14.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $18.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. 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

PREPARES STUDENTS TO LEVERAGE HIGHER LEARNING IN THEIR PERSONAL, PROFESSIONAL AND CIVIC ENDEAVORS

Describe the Organization's Program Activity:

Part 3 - Line 4a

HODGES UNIVERSITY WILL BE RECOGNIZED FOR EXCELLENCE IN CAREER-FOCUSED INCLUSIVE EDUCATION AND COMMUNITY ENGAGEMENT. HODGES UNIVERSITY, A PRIVATE, NONPROFIT INSTITUTION OF HIGHER LEARNING, IS ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES TO AWARD ASSOCIATE, BACHELOR'S, AND MASTER'S DEGREES.THE UNIVERSITY OFFERS FLEXIBLE SCHEDULES OF DAY, EVENING AND ONLINE CLASSES AND HANDS-ON SUPPORT FROM A HIGHLY QUALIFIED FACULTY. ALL OF THESE FACTORS CULMINATE TO PRODUCE A LEARNING ENVIRONMENT UNLIKE ANY OTHER INSTITUTION IN THE REGION.CONTINUED ON SCHEDULE ODEGREES:6 MASTER'S DEGREES 15 BACHELOR'S DEGREES 4 ASSOCIATES IN ARTS DEGREE8 ASSOCIATE IN SCIENCE DEGREES3 GRADUATE CERTIFICATE PROGRAMS14 UNDERGRADUATE CERTIFICATE PROGRAMSCONTINUING EDUCATION:ENGLISH AS A SECOND LANGUAGE CERTIFICATE PROGRAMNON-CREDIT WORKFORCE EDUCATION PROGRAMS:HODGES UNIVERSITY DEVELOPS AND PROVIDES VARIOUS NON-CREDIT WORKFORCE EDUCATION PROGRAMS AS THE NEEDS OF LOCAL EMPLOYERS DICTATE. THESE HAVE INCLUDED, BUT ARE NOT LIMITED TO, FRONT-LINE SUPERVISOR TRAINING, EMT, AND DENTAL ASSISTING PROGRAMS.HODGES UNIVERSITY SCHOOLS:FISHER SCHOOL OF TECHNOLOGYJOHNSON SCHOOL OF BUSINESSNICHOLS SCHOOL OF PROFESSIONAL STUDIESSCHOOL OF HEALTH SCIENCESSCHOOL OF GENERAL STUDIES


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Board, Officers & Key Employees

Name (title)Compensation
John Meyer
President
$202,796
Erica Vogt
Secretary And Treasurer
$164,653
Miguel Rivera
Assistant Professor
$136,914
Dolores Batiato
Dean
$125,858
Charlene Wendel
Professor
$125,748
Tracey Lanham
Associate Dean
$122,845

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Computers At Work
Software Services
$502,355
Ellucian
Software Services
$404,894
Bella Business Solutions Llc
Website, Marketing Services
$378,751
Eab Global
Website, Marketing Services
$242,988
Bond Schoeneck & King Pllc
Legal Services
$181,607
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,435,169
Investment income $109,054
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $676,476
Net Gain/Loss on Asset Sales -$2,456,427
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$34,655
Miscellaneous Revenue$0
Total Revenue $14,637,102

Grants Awarded

Over the last fiscal year, Hodges University Inc has awarded $15,750 in support to 3 organizations.

Grant RecipientAmount

JUNIOR ACHIEVEMENT OF SW FLORIDA

Org PageRecipient Profile

Fort Myers, FL

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$5,750

NCH HEALTHCARE FOUNDATION

Org PageRecipient Profile

Naples, FL

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$5,000

COMMUNITY FOUNDATION OF COLLIER COUNTY

Org PageRecipient Profile

Naples, FL

PURPOSE: TO SUPPORT GENERAL OPERATIONS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Hodges University Inc has recieved totaling $25,128.

Awarding OrganizationAmount
Moorings Park Foundation Inc

Naples, FL

PURPOSE: SCHOLARSHIPS FOR HIGHER EDUCATION

$25,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$128
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,955,963
Earnings$12,291
Ending Balance$2,968,254

Peer Organizations

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Lookout Mountain, GA
$50,724,767
Reinhardt University
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$50,634,912
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$49,621,884
Florida Memorial University Inc
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$38,959,091
Lagrange College
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$43,354,732
Adventhealth University Inc
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$41,988,749
Huntingdon College
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$35,039,176
Point University Inc
West Point, GA
$34,264,819
Edward Waters College
Jacksonville, FL
$38,983,109
Talladega College
Talladega, AL
$45,431,795
Emmanuel College
Franklin Springs, GA
$27,286,390
The Orange Bowl Committee Inc
Miami Lakes, FL
$30,457,464

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