St Thomas Aquinas College is located in Sparkill, NY. The organization was established in 2009. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, St Thomas Aquinas College employed 554 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Thomas Aquinas 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 06/2022, St Thomas Aquinas College generated $32.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $39.6m during the year ending 06/2022. While expenses have increased by 3.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
POST SECONDARY EDUCATIONAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLEGE EDUCATED OVER 2000 STUDENTS DURING THE FISCAL YEAR ENDED JUNE 30, 2022. ASSOCIATE,BACHELOR, AND GRADUATE DEGREES WERE AWARDED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Kenneth D Daly President | 0 | $476,680 | |
Drrobert Murray Provost | 40 | $269,856 | |
Mrjoseph Donini Vice President | 40 | $279,534 | |
Drmargaret Fitzpatrick Sc President Emerita | 40 | $267,989 | |
Mrsmaria T Coupe Director Human Resources | 0 | $179,928 | |
Ms Nydia Gaffey Trustee | Trustee | 5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Dragon Connections Llc Information Technologies | 6/29/22 | $472,643 |
Bill Werner Construction Construction | 6/29/22 | $1,748,567 |
Hayden Building Maintenance Corp Building Maintenace | 6/29/22 | $271,758 |
Executivetouch Landscaping&constrauction Llc Landscaping | 6/29/22 | $379,238 |
Bi-state Heating & Air Conditioning Building Maintenance | 6/29/22 | $255,389 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,530,264 |
| Investment income | $1,595,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$14,084 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,266,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,602,089 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,675,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,917,627 |
| Payroll taxes | $1,321,710 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,689,418 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $432,703 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,905,653 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $39,592,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,326,973 |
| Pledges and grants receivable | $759,324 |
| Accounts receivable, net | $1,387,942 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,055,190 |
| Investments—publicly traded securities | $47,357,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $86,978 |
| Total assets | $109,572,323 |
| Accounts payable and accrued expenses | $2,360,460 |
| Grants payable | $0 |
| Deferred revenue | $1,270,647 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,474,988 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $504,718 |
| Total liabilities | $14,610,813 |
| Net assets without donor restrictions | $75,845,130 |
| Net assets with donor restrictions | $19,116,380 |
| 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 | $94,961,510 |