Roger Williams University
- Assets
- $273.4m
- Revenue
- $203.4m
- Investments
- $36.6m
- Employees
- 3,168
- Location
- Bristol, RI
- Founding
- 04/1956
- Data as of
- 06/2020
- EIN
- 05-0277222
Organization Overview
Roger Williams University is located in Bristol, RI. The organization was established in 1956. 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, Roger Williams University employed 3,168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roger Williams 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 06/2020, Roger Williams University generated $203.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $206.5m during the year ending 06/2020. While expenses have increased by 1.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
ROGER WILLIAMS UNIVERSITY IS AN INDEPENDENT UNIVERSITY THAT COMBINES THE UNIQUE STRENGTHS OF SMALL LIBERAL ARTS COLLEGES AND THOSE OF LARGER COMPREHENSIVE UNIVERSITIES AND WHERE LIBERAL AND PROFESSIONAL EDUCATION ARE ENHANCED BY THEIR INTEGRATION AND THE RECOGNITION OF THEIR UNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGHER EDUCATION: ROGER WILLIAMS UNIVERSITY (THE "UNIVERSITY"), LOCATED IN BRISTOL AND PROVIDENCE, RHODE ISLAND, IS A PRIVATE, COEDUCATIONAL UNIVERSITY WITH PROGRAMS IN THE LIBERAL ARTS AND THE PROFESSIONS THAT INCLUDES THE FEINSTEIN COLLEGE OF ARTS AND SCIENCES, THE SCHOOL OF ARCHITECTURE, ART AND HISTORIC PRESERVATION, THE MARIO J. GABELLI SCHOOL OF BUSINESS, THE SCHOOL OF EDUCATION, THE SCHOOL OF ENGINEERING, COMPUTING AND CONSTRUCTION MANAGEMENT, THE SCHOOL OF JUSTICE STUDIES AND THE SCHOOL OF CONTINUING STUDIES. THE UNIVERSITY OFFERS MORE THAN 50 MAJORS OF UNDERGRADUATE STUDY AND 13 GRADUATE DEGREES, ALONG WITH NUMEROUS MINORS AND CERTIFICATE PROGRAMS. THE UNIVERSITY IS ACCREDITED BY THE NEW ENGLAND COMMISSION OF HIGHER EDUCATION, INC, AMONG OTHER ACCREDITING BODIES. THE UNIVERSITY PROVIDES ACADEMIC, RESIDENTIAL AND OTHER SERVICES TO A DIVERSE STUDENT POPULATION PREDOMINATELY DRAWN FROM THE NORTHEAST REGION OF THE UNITED STATES, AS WELL AS FROM MORE THAN 45 U.S. STATES AND TERRITORIES AND 30 FOREIGN COUNTRIES. ENROLLMENT FOR FISCAL YEAR 2021 WAS APPROXIMATELY 3,827 FULL-TIME AND 488 PART-TIME UNDERGRADUATES PLUS 232 FULL-TIME AND 123 PART-TIME GRADUATE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ioannis N Miaoulis President | OfficerTrustee | 35 | $608,020 |
Jerome F Williams Evp For Finance & Administration (until 12/31/20) | Officer | 35 | $361,513 |
Brian Williams Chief Of Staff | Officer | 40 | $251,795 |
Amy Sullivan Berkeley Vice President Of Institutional Advancement | 40 | $250,661 | |
Susan M Mctiernan Dean Gabelli School Of Business | 40 | $238,092 | |
John J King VP For Student Affairs | Officer | 40 | $210,871 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
International Studies Abroad Llc Program Fees For Study Abroad Services | 6/29/21 | $101,700 |
Mbc Carpentry Llc Construction/contractor | 6/29/21 | $271,305 |
Ellucian Software Maintenance And Support | 6/29/21 | $315,114 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,806,414 |
| Investment income | $556,147 |
| Tax Exempt Bond Proceeds | $20,393 |
| Royalties | $0 |
| Net Rental Income | -$37,283 |
| Net Gain/Loss on Asset Sales | $1,840,084 |
| Net Income from Fundraising Events | $3,369 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $203,415,186 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $61,171,933 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,102,968 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $978,847 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,692,125 |
| Pension plan accruals and contributions | $4,177,694 |
| Other employee benefits | $13,853,531 |
| Payroll taxes | $5,388,586 |
| Fees for services: Management | $475,471 |
| Fees for services: Legal | $174,247 |
| Fees for services: Accounting | $132,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $346,881 |
| Fees for services: Other | $6,884,809 |
| Advertising and promotion | $1,193,233 |
| Office expenses | $2,018,033 |
| Information technology | $2,976,165 |
| Royalties | $2,600 |
| Occupancy | $9,029,054 |
| Travel | $893,068 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $916,285 |
| Interest | $3,478,144 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,733,940 |
| Insurance | $1,823,111 |
| All other expenses | $0 |
| Total functional expenses | $206,534,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,484,385 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,185,064 |
| Accounts receivable, net | $6,706,544 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,061,836 |
| Inventories for sale or use | $174,102 |
| Prepaid expenses and deferred charges | $1,921,788 |
| Investments—publicly traded securities | $19,194,330 |
| Investments—other securities | $36,586,241 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,506,311 |
| Total assets | $273,380,421 |
| Accounts payable and accrued expenses | $9,666,341 |
| Grants payable | $0 |
| Deferred revenue | $23,444,150 |
| Tax-exempt bond liabilities | $96,654,606 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $3,020,695 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,564,913 |
| Total liabilities | $145,350,705 |
| 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 | $128,029,716 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Roger Williams University has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Jacob A Crowell Memorial Scholarship Rumford, RI PURPOSE: GRANT WOSENCROFT SCHOLARSHIP | $2,500 |
Endowment Analysis
| Beg. Balance | $62,509,314 |
| Earnings | $17,862,315 |
| Admin Expense | $396,321 |
| Net Contributions | $639,621 |
| Other Expense | $2,716,006 |
| Grants | $259,397 |
| Ending Balance | $77,639,526 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quinnipiac University Hamden, CT | $1,807,258,104 | $531,949,834 |
Brandeis University Waltham, MA | $1,811,655,582 | $399,602,478 |
Johnson & Wales University Providence, RI | $913,541,997 | $403,272,641 |
Worcester Polytechnic Institute Worcester, MA | $1,164,375,963 | $384,496,935 |
Sacred Heart University Fairfield, CT | $1,111,844,397 | $421,283,865 |
Suffolk University Boston, MA | $875,177,190 | $328,281,555 |
Fairfield University Fairfield, CT | $941,659,821 | $361,744,489 |
University Of New Haven West Haven, CT | $439,200,046 | $316,134,084 |
Trustees Of The Smith College Northampton, MA | $3,541,477,640 | $481,505,110 |
University Of Hartford West Hartford, CT | $471,525,353 | $291,863,480 |
Simmons University Boston, MA | $504,770,000 | $234,956,189 |
Roger Williams University Bristol, RI | $273,380,421 | $203,415,186 |